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The Financial Express

Search results for: Bangla

Projects languish as WB aid for B'desh withers

Projects languish as WB aid for B'desh withers

FHM Humayan Kabir 2019-08-04 09:54:00

At least 10 projects have been suffering from the implementation delays as the World Bank's fund meant for Bangladesh has dried up, officials said. The officials said the Washington-based lender has...

ONE Bank AGM approves 10pc stock dividend

ONE Bank AGM approves 10pc stock dividend

FE Online Desk 2019-08-03 15:03:05

The board of directors of ONE Bank Limited has approved 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend came during the 20th Annual General Meet...

Weekly analysis: Stocks stay afloat

Weekly analysis: Stocks stay afloat

Babul Barman 2019-08-03 10:47:41

Stocks eked out gains for the second consecutive week that ended on Thursday, as institutional investors continued to support the market. DSEX, the prime index of the Dhaka Stock Exchange (DSE), soar...

United Power recommends 140pc div

United Power recommends 140pc div

FE Report 2019-08-03 10:44:37

The United Power Generation & Distribution Company Ltd has recommended 130 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019, according to an official disclosure pub...

Fortune generates highest turnover

Fortune generates highest turnover

FE Report 2019-08-03 10:43:10

Ten most traded companies accounted for 26 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Fortune Shoes generating the highest turnover. Market analysts said...

Nine-day stock market holiday begins Aug 9

Nine-day stock market holiday begins Aug 9

FE Report 2019-08-03 10:41:19

Trading and official activities at Dhaka Stock Exchange (DSE) will remain closed for nine days from August 9 to 17, including weekly holidays, on the occasion of Eid-ul-Azha. The decision on Eid vaca...

Ten companies account for 28pc transactions on DSE

Ten companies account for 28pc transactions on DSE

FE Report 2019-08-02 10:40:36

Ten most traded companies accounted for 28 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes making it to the top of the turnover list. Market analysts said i...

NBR forms committee to make list of eligible items

NBR forms committee to make list of eligible items

Doulot Akter Mala 2019-08-02 10:27:15

The National Board of Revenue (NBR) has decided to resolve complexities regarding import of power sector equipment by preparing an integrated list of the products that are eligible for enjoying exempt...

Net foreign investment remains negative for fifth straight month

Net foreign investment remains negative for fifth straight month

Babul Barman 2019-08-02 10:26:32

Net foreign portfolio investment in Dhaka Stock Exchange (DSE) remained negative for the fifth consecutive month in July due to higher outflow of equity fund. Market analysts said foreign investors c...

Poor regulations cost 20pc of GDP: Expert

Poor regulations cost 20pc of GDP: Expert

FE Report 2019-08-02 10:04:56

Bangladesh loses at least 20 per cent of its gross domestic product (GDP) for poor regulations, a regulatory reform expert said on Thursday. "Bangladesh is suffering from low level of regulations a...

BASIC Bank: Kamal threatens to fold losing branches

BASIC Bank: Kamal threatens to fold losing branches

FE Report 2019-08-02 10:01:27

Finance minister AHM Kamal on Thursday lashed out at the officials of the BASIC Bank for their failure to improve the financial health of the troubled state lender. As the scandal-hit bank is struggl...

BD likely to become second largest recipient of Japanese assistance

BD likely to become second largest recipient of Japanese assistance

-- 2019-08-01 22:49:57

Bangladesh is likely to be the second largest recipient of Japanese assistance after India in the current Japanese fiscal year which starts from April 01. In last Japanese fiscal, Bangladesh was the...

Stock market to remain closed from Aug 9-17

Stock market to remain closed from Aug 9-17

FE Online Report 2019-08-01 19:51:38

Trading and official activities on Dhaka Stock Exchange (DSE) will remain closed for nine days from August 9 to August 17 on the occasion of Eid-ul-Azha, including weekly holidays. The decision came...

Stocks keep gaining for two straight sessions

Stocks keep gaining for two straight sessions

FE Online Report 2019-08-01 16:00:26

Stocks extended their gaining streak for the two straight sessions on Thursday as some investors continued their appetite on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Dev sans inclusiveness meaningless: Dr Rizvi

Dev sans inclusiveness meaningless: Dr Rizvi

FE Report 2019-08-01 12:43:27

The international affairs adviser to the prime minister, Dr Gowher Rizvi, said on Wednesday the country's achievement would be meaningless without inclusive growth. "Whatever we've achieved doesn't c...

BD seeks more British investment

BD seeks more British investment

-- 2019-08-01 12:13:04

Finance Minister AHM Mustafa Kamal has said more British companies should come up with more investment to Bangladesh and take advantage of its young and growing population. He said Bangladesh needs...

Stocks open positive after BB unveils MPS

Stocks open positive after BB unveils MPS

FE Online Report 2019-08-01 11:30:13

Stocks witnessed modest gain in early trading on Thursday as some investors went on buying shares after the central bank on Wednesday unveiled the monetary policy statement (MPS). Following the previ...

Most banks' EPS see higher growth in H1

Most banks' EPS see higher growth in H1

FE Report 2019-08-01 11:11:25

Earnings per share (EPS) of 73 per cent listed banks increased in first half (H1) of January-June 2019 period compared to the same period of the previous year. EPS is the portion of a company's pro...

LHBL posts 46pc growth in net profit in Q2

LHBL posts 46pc growth in net profit in Q2

FE Desk Report 2019-08-01 11:09:12

Leading cement manufacturer LafargeHolcim Bangladesh (LHBL) posted a significant increase in profits in the second quarter of the current year. Its net profit increased by 46 per cent during the peri...

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

FE Report 2019-08-01 11:05:11

The public subscription of Ring Shine Textiles Ltd is set to begin on August 25, aiming to raise a capital worth Tk 1.50 billion from the stock market. The company's initial public offering (IPO) sub...

Subsidy for crop insurance needed for food security

Subsidy for crop insurance needed for food security

FE Report 2019-08-01 10:58:33

Subsidy is required to successfully implement crop insurance system in the country, Dr Shameem Hassan Bhuiyan, a crop insurance expert, told a roundtable at a city hotel on Wednesday. "Crop insurance...

Kamal hopes to recover embezzled bank money

Kamal hopes to recover embezzled bank money

FE Report 2019-08-01 10:20:46

Finance Minister A H M Mustafa Kamal said he will recover the entire volume of money, embezzled from banks by various conglomerates like Hallmark Group. "My standpoint is still the same. We will reco...

Tax revenue collection misses target by Tk 571b

Tax revenue collection misses target by Tk 571b

FE Report 2019-08-01 09:54:19

Tax revenue collection posted an aggregate shortfall of Tk 571 billion in the fiscal year (FY) 2018-19 against its revised target, recording 10.7 per cent growth over the corresponding year. The grow...

MPS eyes higher growth

MPS eyes higher growth

Siddique Islam 2019-08-01 00:00:00

The central bank announced on Wednesday "cautiously accommodative" monetary policy statement (MPS) for the current fiscal year aiming to achieve higher growth while taming inflationary pressures. "Th...

BB has ‘no data on remittance outflow’

BB has ‘no data on remittance outflow’

-- 2019-07-31 17:20:37

Bangladesh Bank does not maintain any data on remittance outflow although it has updated data on remittance inflow, said its officials. Bangladesh Bank government Fazle Kabir and other deputy governo...

4,000 Rajshahi people get overseas jobs last year

4,000 Rajshahi people get overseas jobs last year

-- 2019-07-31 16:25:32

Around 4,000 people both male and female from Rajshahi district have got jobs in abroad including the Middle East countries last year. Earlier on, the people were given six-month training on general...

BB unveils cautiously accommodative monetary policy

BB unveils cautiously accommodative monetary policy

FE Online Report 2019-07-31 15:05:44

The central bank on Wednesday unveiled an accommodative but cautious monetary policy for this fiscal year (FY 2019-20) aiming to achieve maximum growth with curbing inflationary pressures on the econo...

ACI to set up joint-venture with CO-RO A/S

ACI to set up joint-venture with CO-RO A/S

FE Online Report 2019-07-31 11:57:15

ACI Limited will set up a joint-venture company with renowned Danish juice manufacturing company CO-RO A/S, said an official disclosure on Wednesday. In this regard, the board of directors of the A...

Ring Shine Textile’s subscription to begin Aug 25

Ring Shine Textile’s subscription to begin Aug 25

FE Online Report 2019-07-31 11:52:35

The IPO subscription of Ring Shine Textiles Limited is set to begin August 25, aiming to raise a capital worth Tk 1.50 billion from the capital market. The company’s initial public offering (...

Stocks post slight gain in early trading

Stocks post slight gain in early trading

FE Online Report 2019-07-31 11:33:47

Stocks witnessed modest gain in early trading on Wednesday as most of the investors followed cautious stance amid ongoing earnings declaration season coupled with monetary policy statement (MPS). The...