The Financial Express

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BRAC Bank tops turnover chart

FE Report 2020-02-28 10:47:19

Ten most traded stocks accounted for 25 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with BRAC Bank generating the highest turnover. Market insiders said investors mostly...

FRC finds Advent Pharma a wrongdoer

JASIM UDDIN HAROON 2020-02-28 10:32:35

The Financial Reporting Council (FRC), an auditors' watchdog of the country, found a few irregularities involving a pharmaceutical company. The listed company, Advent Pharma, had an approval of appoi...

DSEX slumps below 4,500-mark Thursday

FE Online Report 2020-02-27 16:40:58

The prime index of the Dhaka bourse fell below 4,500-mark Thursday as worried investors continued to dump their holdings amid concern on the possible impact of the single-digit interest rate on the ba...

Stocks witness bumpy ride at opening

FE Online Report 2020-02-27 11:53:53

Stocks witnessed volatile trading in early hours of trading on Thursday as investors are active on both sides of trading fence. Following the previous five days’ downturn, the Dhaka Stock Excha...

BSEC vows to be tough on errant audit firms

FE REPORT 2020-02-27 09:50:27

The chief of the country's capital market regulatory body said on Wednesday auditors would be made accountable apart from ensuring improvement in governance in the listed companies for the sake of pro...

Depositors’ money to be more secure under new act: BB

-- 2020-02-26 21:36:55

The Bangladesh Bank has said depositors’ money in banks and financial institutions will be more secure after implementation of proposed ‘Deposit Protection Act, 2020’. BB's chief sp...

DSEX dips below 4,600-mark on Wednesday

FE ONLINE REPORT 2020-02-26 16:14:42

Stock extended the losing streak for the five consecutive sessions on Wednesday with key index dipped below 4,600-mark as worried investors continued their sell-offs on major sectors’ shares. D...

Bangladesh, India discuss ways to boost trade ties

-- 2020-02-25 22:30:08

Speakers at a seminar on Tuesday discussed trade and business opportunities between Bangladesh and India and ways to bolster trade relations taking advantage of the proximity. Indian High Commission...

NEC approves second perspective plan

-- 2020-02-25 18:10:34

The National Economic Council (NEC) has approved the Second Perspective Plan of Bangladesh (2021-2041) in a bid to turn Bangladesh as a higher mid-income country by 2031 and a higher income and develo...

Stocks keep losing for fourth day

FE Online Report 2020-02-25 17:20:34

Stock continued to fall for the four straight sessions on Tuesday amid poor earnings declarations by a number of large-cap companies. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled...

GSK BD declares 530pc cash dividend

FE Online Report 2020-02-25 12:24:06

The board of directors of GlaxoSmithKline Bangladesh Ltd has recommended 530 per cent cash dividend for the year ended on December 31, 2019. The annual general meeting (AGM) will be held on April 16....

Stocks mixed in early trading

FE Online Report 2020-02-25 12:03:07

Stocks witnessed mixed trend in the early hours of trading on Tuesday as investors were seen active on both sides of trading fence amid ongoing dividend declarations. Following the previous three day...

Tariff commission fears serious impact on trade with China

SYFUL ISLAM 2020-02-25 09:49:41

The impact of novel coronavirus on Bangladesh-China bilateral trade is already visible and may seriously affect it in the long run, the Bangladesh Trade and Tariff Commission has said. "Due to the vi...

BB sets 9.0pc interest rate on all loans

FE Report 2020-02-24 22:33:46

The central bank has instructed banks to fix a maximum 9.0 per cent interest rate on all loans except credit cards as part of the government initiative to bring down the lending rate to a si...

Stocks extend losses for third day

FE Online Report 2020-02-24 17:00:25

Stocks extended the losing streak for the third straight session on Monday as cautious investors continued their sell-offs amid ongoing dividend declarations session. DSEX, the prime index of the Dha...

Seven committees to oversee development of SMEs

FE REPORT 2020-02-24 16:09:59

The Ministry of Industries (MoI) has formed seven separate committees to oversee the development activities of the country's small and medium enterprises (SMEs) sector. The committees are: SME busine...

Dutch-Bangla Bank to issue bond worth Tk 5.0 billion

FE Online Report 2020-02-24 12:40:59

The board of directors of Dutch-Bangla Bank Limited has approved the issuance of third subordinated bond worth Tk 5.0 billion, said an official disclosure on Monday. The bank is going to issue the bo...

DSE, CSE witness volatility in early trading

FE Online Report 2020-02-24 12:01:56

Stocks witnessed volatility in the early hours of trading on Monday as investors were seen active on both sides of trading fence amid ongoing dividend declarations. Following the previous two days&rs...

IPDC Finance declares 15pc dividend

FE Online Report 2020-02-24 10:45:56

The board of directors of IPDC Finance Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019. The annual general meeting (AGM) will be held on M...

Stock market tribunal sits almost idle

Mohammad Mufazzal 2020-02-24 10:39:27

The special tribunal on capital market has been sitting almost 'idle' for around 18 months in the absence of stock market-related cases in hand. The activities of the tribunal came almost to a halt a...

‘Bangladesh economy to overtake Malaysia, Singapore in four years’

-- 2020-02-23 21:53:13

Finance Minister AHM Mustafa Kamal, citing the report of an international survey, on Sunday said the economy of Bangladesh will surpass that of Malaysia and Singapore by 2024. "The economy of Banglad...

'Analog cable-TV service costs govt Tk 120b a year'

-- 2020-02-23 20:39:19

The government loses Tk 100-120 billion in revenue every year as the cable operators are not digitised their services, said Information Minister Hasan Mahmud on Sunday, reports UNB. “The govern...

Stocks end lower despite GP share surge

FE Online Report 2020-02-23 16:23:14

Stocks closed lower on Sunday despite the heavyweight Grameenphone (GP) shares surged following the news to deposit Tk 10 billion to BTRC. DSEX, the prime index of the Dhaka Stock Exchange (DSE), set...

Second graduation ceremony of BIBM’s Certification Courses held

FE Online Desk 2020-02-23 14:27:29

The Graduation Ceremony of BIBM’s Certification Courses organized by Bangladesh Institute of Bank Management (BIBM) was held at BIBM premises recently. Fazle Kabir, Chairman of the BIBM Governi...

Bourses witness mixed trend despite GP surge

FE Online Report 2020-02-23 12:09:56

Stocks witnessed volatility in the early hours of trading on Sunday despite a surge in Grameenphone (GP) shares following the news of the telcom operator's decision to deposit Tk 10 billion in dues to...

25 cos to go public to raise Tk 13.34 billion

Mohammad Mufazzal 2020-02-23 10:08:56

Some 25 companies are set to raise an aggregate amount of capital worth Tk 13.34 billion from the capital market. The companies will raise capitals floating IPOs (initial public offerings) under the...

Banking commission must operate independently: CPD

-- 2020-02-22 21:33:43

The Centre for Policy Dialogue (CPD) has welcomed the government's decision to form a banking commission in a bid to pull the country's financial services sector out of its current slump. But the org...

BD eyes further economic ties with Turkey

-- 2020-02-21 15:51:10

Bangladeshi President Abdul Hamid called Thursday for greater trade and investment with Turkey to explore the potentials of the two countries in various sectors, reports Daily Sabah. "There is...

Robi plans to go public

-- 2020-02-21 13:40:55

Robi, the second largest mobile operator in Bangladesh, is seeking to raise Tk 5.2 billion from the capital market through an initial public offering (IPO), reports bdnews24.com. It plans to of...

Stocks end week on negative note

FE Online Report 2020-02-20 16:36:43

Stocks finished week on marginally lower Thursday as risk-averse investors went on sell-offs on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,733, shedding...