The Financial Express

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BSEC probe suggests DSE OMS upgrade

FE REPORT 2020-09-28 09:34:37

The probe committee of the securities regulator has made a set of recommendations including upgrading OMS (order management system) for smooth execution of trading on Dhaka Stock Exchange (DSE). The...

Pragati Life Insurance holds 20th AGM

-- 2020-09-27 17:47:29

The 20th Annual General Meeting (AGM) of Pragati Life Insurance Limited held on Sunday. The chairman of the company Khalilur Rahman presided over the meeting online. The shareholders un...

Mosharrof Hossain appointed chairman of IDRA

FE Online Report 2020-09-27 16:14:31

Dr M Mosharrof Hossain has been appointed chairman of the IDRA, the regulator of 79 life and non-life insurers in Bangladesh. The government on Sunday issued an order in this regard. Earlier, he was...

Stocks slip into red after volatile trading

FE ONLINE REPORT 2020-09-27 15:55:19

Stocks slipped into the red on Sunday, after remaining flat in the past two trading sessions, as late hours sell-offs wiped off early gains. The market opened on an upbeat note and the key index rose...

Ring Shine Textiles shuts for one month as orders decline

FE ONLINE REPORT 2020-09-27 13:59:48

The management of the Ring Shine Textiles Ltd has decided lay off of the factory for one month time up to October 25, 2020. Due to worldwide impact of prevailing Covid-19 pandemic, declining orders f...

Trust Bank to issue Tk 4.0b subordinated bond

FE Online Report 2020-09-27 12:48:28

The board of directors of Trust Bank Limited has approved the issuance of fully redeemable non-convertible unsecured subordinated bond worth Tk 4.0 billion only to strengthen the capital base. The is...

Stocks rise after central bank reduces repo rate

FE ONLINE REPORT 2020-09-27 11:21:12

Stocks witnessed upward trend in early hours of trading on Sunday as optimistic investors showed appetite on sector-wise issues riding on the news of interest rate cut on stock investment fund. Bangl...

Experts in Bangladesh call on government to make policies far more predictable to ease FDI inflow

FE REPORT 2020-09-27 10:38:37

Experts on Saturday listed inconsistencies in relevant policies as the main impediment to smooth flow of foreign direct investment (FDI) into the country. They suggested bringing holistic reforms of...

Sukuk requires legal framework before Bangladesh launching, say stakeholders

FE REPORT 2020-09-27 10:35:24

Sukuk, a sharia-compliant bond-like instrument used in Islamic finance, can play a vital role in financing infrastructure projects in Bangladesh, speakers told a webinar on Saturday. Islamic banks ha...

NBR to set up specialised unit to combat duty evasion

-- 2020-09-26 19:51:19

The National Board of Revenue (NBR) will set up a separate central risk management unit under the customs department soon to combat duty evasion through use of technology. According to an official do...

FDI-related net financial transfers from Bangladesh rise modestly in last decade

FE Online Report 2020-09-26 17:19:36

Though the net financial transfers related to Foreign Direct Investment (FDI) in Bangladesh increased modestly in the last decade, it is still lower than the net inflows of foreign direct investment....

Over 2,500 handwashing stations planned as WB approves $200m for rural Bangladesh

FE Online Report 2020-09-26 14:04:20

The World Bank has approved $200 million to help Bangladesh improve access to safe water and sanitation services in rural areas. The Bangladesh Rural Water, Sanitation and Hygiene for Human Capi...

Farm loan disbursement below target

REZAUL KARIM 2020-09-26 09:54:56

Disbursement of farm loans by banks in the first two months of the current fiscal year (FY), 2020-2021, has remained below the strategic target. Scheduled banks made only 13.15 per cent of the annu...

Foreign aid disbursement, commitment mark decline

FHM HUMAYAN KABIR 2020-09-25 10:07:05

The disbursements of foreign aid declined by about 29.5 per cent to US$528 million in the first two months of the current fiscal year (FY) than that of the corresponding period of last FY, according t...

Walton jumps 125pc in two days

FE REPORT 2020-09-25 10:02:24

Walton Hi-Tech Industries, which made its trading debut on Wednesday, continued to soar, with its share price climbing 50 per cent-the highest allowable limit-for the second straight session on Thursd...

Special funds for stock market: Repo rate slashed to aid banks

FE REPORT 2020-09-25 09:34:30

The Bangladesh Bank (BB) on Thursday amended some sections of its earlier notice related to the formation of a special fund by banks for investments in the stock market. On February 10, the BB allowe...

Stocks post marginal gain after bumpy ride

FE ONLINE REPORT 2020-09-24 15:51:31

Stocks posted a marginal gain on Thursday after volatile trading as investors were active on both sides of the trading fence. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,978...

Stocks meander up at opening

FE ONLINE REPORT 2020-09-24 11:06:05

Stocks witnessed choppy trading in early hours of trading on Thursday as investors were active on both sides of the trading fence. Meanwhile, Walton Hi-Tech Industries shares continued to soar as its...

Walton Hi-Tech makes stellar debut

FE REPORT 2020-09-24 10:17:02

Walton Hi-Tech Industries made a flying trading debut on Wednesday as its shares price jumped 50 per cent -- the highest allowable limit, riding on investors' 'irrational hype' over the new issue. Th...

Bangladesh seeks possible date, format from Bhutan

FE REPORT 2020-09-24 10:08:18

Bangladesh has requested Bhutan to provide details, including possible format and date, of signing the proposed preferential trade agreement (PTA) between the two countries. The commerce ministry of...

Abysmal record in ADP execution

FE REPORT 2020-09-24 09:51:31

The performance of government ministries and agencies in project execution was below the mark in the first two months of the current fiscal compared to the same period last year, officials said on Wed...

Rate cut lowers Q2 fixed deposits

JASIM UDDIN HAROON 2020-09-24 09:30:29

The volume of fixed deposits with the banking system fell by 2.41 per cent in the second quarter ending in June compared to January-March, dwindled by lower interest rate. The amount of fixed deposit...

Robi gets nod to raise Tk 5.2b through IPO

-- 2020-09-23 18:43:36

Robi, the second-largest mobile network operator in Bangladesh, has been given the green light to raise Tk 5.2 billion from the capital market through an initial public offering (IPO) to expand its ne...

Stocks open higher after four-day correction

FE ONLINE REPORT 2020-09-23 11:45:55

Stocks witnessed upward trend in early trading on Wednesday as optimistic investors are showing appetite on sector-wise issues after four-day correction. Meanwhile, Walton Hi-Tech Industries made a f...

National Housing Finance and Investments elects Mahbubur Rahman Chairman, Altaf Hussain Vice Chairman

-- 2020-09-23 11:01:47

The Board of Directors of National Housing Finance and Investments Limited in its 219th meeting held recently elected Mahbubur Rahman as Chairman and Syed M. Altaf Hussain as vice chairman of the co...

Independent Directors in many cos not playing due role: BSEC

FE DESK REPORT 2020-09-23 09:54:05

The chairman of Bangladesh Securities and Exchange Commission (BSEC) on Monday said the appointments of Independent Directors in many companies in Bangladesh are made just from relatives, friends and...

Easy money may pose a threat to price stability

FE REPORT 2020-09-23 09:28:09

"Extraordinary easy financing' conditions may pose 'upside risks' in the case of price stability in the upcoming quarters, the Bangladesh Bank (BB) report for the last quarter (Q4) of the immediate pa...

ECNEC approves Tk 2.46b hilsa development project

-- 2020-09-22 17:28:36

The Executive Committee of the National Economic Council (ECNEC) has approved a project for development and management of hilsa resources involving Tk 2.46 billion. The approval was given at the week...

DSEX falls below 5,000-mark on selling binge

FE ONLINE REPORT 2020-09-22 16:17:03

Stocks extended the losing streak for the fourth straight session Tuesday, with the key index of the major bourse dipping below 5,000-mark, as cautious investors preferred to book quick-profit on majo...

BEPZA inks $56.33m new investment agreement amid pandemic

FE ONLINE DESK 2020-09-22 15:11:11

Bangladesh Export Processing Zones Authority (BEPZA) has signed 56.33 million US dollar new investment agreement with seven companies during Coronavirus (Covid-19) pandemic. Among them, five companie...