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The Financial Express

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Move to extend IPO quota for debacle-hit investors

Move to extend IPO quota for debacle-hit investors

FE Report 2018-01-03 10:16:42

A move is underway to extend the quota facility in the initial public offerings (IPOs) for the small investors, who were affected by the capital market debacle in 2010-11. Bangladesh Securities and E...

Banking sector tops the list

Banking sector tops the list

Mohammad Mufazzal 2018-01-03 10:04:18

The banking sector topped the annual turnover chart on the premier bourse in 2017 replacing engineering, power and textile sectors riding on increased participation by general investors and sponsor-di...

BPC to import 0.33m tonnes of petro products in January

BPC to import 0.33m tonnes of petro products in January

FE Report 2018-01-02 12:00:00

The state-run Bangladesh Petroleum Corporation (BPC) will import around 330,000 tonnes of refined petroleum products, especially diesel and jet fuel, this month under both term and open bidding system...

0.21m BO accounts drop in 2017

0.21m BO accounts drop in 2017

Mohammad Mufazzal 2018-01-02 12:00:00

The number of active BO (beneficiary owner) accounts declined in 2017, indicating that the traders concerned lost interest in sluggish share business. According to information from the Central Deposi...

Living cost jumps by 8.44pc

Living cost jumps by 8.44pc

FE Online Report 2018-01-02 12:00:00

Living expenditure increased by 8.44 per cent and price of commodity and services jumped by 7.17 per cent in 2017, the Consumers’ Association of Bangladesh (CAB) latest study revealed. In 2016,...

ECNEC clears Patuakhali naval base, 15 other projects

ECNEC clears Patuakhali naval base, 15 other projects

FE Online Report 2018-01-02 12:00:00

The Executive Committee of the National Economic Council (ECNEC) has approved 16 development projects at a combine cost of Tk 52.21 billion. The approved 16 project include new naval base establishme...

Remittance stays in negative territory

Remittance stays in negative territory

FE Report 2018-01-02 11:39:21

The inward remittance flow remained pegged into a negative territory despite a significant rise in overseas jobs of Bangladeshi nationals by official count in the just-concluded year. The remittance...

10 cos snare 31pc transaction on DSE

10 cos snare 31pc transaction on DSE

FE Report 2018-01-02 10:28:18

Top 10 traded companies, including five banks, captured 31 per cent transaction on the Dhaka Stock Exchange (DSE) Monday, the first trading day of 2018, while Lafarge Surma Cement topped the chart....

Tax receipts from DSE up 61pc in July-Dec

Tax receipts from DSE up 61pc in July-Dec

Babul Barman 2018-01-02 10:14:35

The government's revenue earnings from the Dhaka bourse marked a 61 per cent rise year-on-year in the first six months of the current fiscal year (FY) on the back of rising trade volumes. Market insi...

Prisoner-made RMG to hit int’l market

Prisoner-made RMG to hit int’l market

-- 2018-01-02 07:55:50

Narayanganj District Jail recently launched Bangladesh’s first integrated Ready Made Garment (RMG) factory to be completely run by inmates.  The facility, comprising 53 machines, will allo...

December inflation drops to 5.83pc

December inflation drops to 5.83pc

FE Online Report 2018-01-02 07:20:01

The point-to-point inflation rate in December dropped to 5.83 per cent – thereby recording a slight decrease over November, according to the latest official data. Bangladesh Bureau of Statistic...

India to use Bangladesh territory for LPG supply

India to use Bangladesh territory for LPG supply

FE Online Desk 2018-01-02 06:27:57

Indian state-owned oil company has chalked out plan to supply liquefied petroleum gas (LPG) to the northeastern states through Bangladesh. Sources concerned said the move will drastically cut the ref...

Stocks extend gaining streak for fifth day

Stocks extend gaining streak for fifth day

FE Online Report 2018-01-02 03:05:22

Stocks witnessed yet another positive session Tuesday, extending the gaining streak for five consecutive sessions, as some investors continued their buying binge on selective large-cap issues. Mark...

DSE up, CSE down at midday

DSE up, CSE down at midday

FE Online Desk 2018-01-02 01:23:12

The Dhaka Stock Exchange (DSE) rose and the Chittagong Stock Exchange (CSE) slipped in midday on Tuesday, the second trading session of 2018, in cautious trading. Both the DSE and the CSE opened posi...

36 listed cos fail to declare dividend

36 listed cos fail to declare dividend

FE Report 2018-01-01 12:00:00

A total of 36 listed companies failed to declare any dividend for shareholders for the year that ended on June 30, 2017 and December 31, 2016 due to their low income, according to data from the Dhaka...

Overseas employment sees new record in 2017

Overseas employment sees new record in 2017

-- 2018-01-01 12:00:00

Bangladesh sent a record over1.0 million workers abroad with jobs in 2017, highest in the history of overseas employment sector. Earlier the highest number was 875,055 in 2008. The country started s...

Stocks kick off 2018 on mixed trend

Stocks kick off 2018 on mixed trend

FE Online Report 2018-01-01 11:32:17

Stocks witnessed mixed trend in early hour of trading on Monday, the first trading session of 2018, as investors followed cautious mood. Following the previous session’s upturn, the Dhaka Sto...

Maybe a bellwether of better day

Maybe a bellwether of better day

Jasim Uddin Haroon 2018-01-01 10:41:35

People in Bangladesh hope the year 2018 appears today (Monday) as the bellwether of changes for the better despite risks ahead and uncertainties, especially in the banking sector, in the background....

Depth of stock market remains elusive

Depth of stock market remains elusive

 Mohammad Mufazzal 2018-01-01 10:35:05

The country's stock market passed 2017 registering some records, including seven-year high turnover value, amid fluctuation observed in broad index and turnover value during the year. However, the ma...

Prevailing irregularities in banking sector harming economy: FBCCI

Prevailing irregularities in banking sector harming economy: FBCCI

-- 2018-01-01 07:02:16

Irregularities in banking sector’s credit management will continue to keep the overall economy under pressure this year. Federation of Bangladesh Chambers of Commerce and Industry’s (FBCC...

Stocks start year on positive note

Stocks start year on positive note

FE Online Report 2018-01-01 03:19:02

Stocks ended mostly higher on Monday, the first trading session of 2018, amid sluggish trading activities as investors were cautious to take fresh investment. Market insiders said investors were caut...

2017 sees blots and blips on financial front

2017 sees blots and blips on financial front

FE Report 2017-12-31 12:00:00

The Gregorian calendar sheds 2017 today (Sunday) into the archives of time, leaving socioeconomic, political and cultural landscapes of Bangladesh, as also of the world, marked by some important event...

Trading through DSE mobile app hits three-fold high in 2017

Trading through DSE mobile app hits three-fold high in 2017

FE Report 2017-12-31 11:54:57

The investors using DSE mobile app to conduct share transaction hit three-fold high in 2017 compared to previous year. The number of users of the mobile app, developed by the prime bourse of the coun...

NRB Conclave: Thrust on enabling policy to attract investment

NRB Conclave: Thrust on enabling policy to attract investment

-- 2017-12-31 10:50:19

Referring to the non-resident Bangladeshis' (NRBs) contribution to the country's economy, speakers at a programme on Saturday said NRBs will return to the country with knowledge and investment if cong...

Central bank eases EDF financing process

Central bank eases EDF financing process

-- 2017-12-31 09:49:48

The central bank has eased the process of the Export Development Fund (EDF) to facilitate access to financing in foreign exchange for input procurements by manufacturer-exporters. A Bangladesh Bank (...

Muhith says no new tax, no banking risk in 2018

Muhith says no new tax, no banking risk in 2018

FE Online Desk 2017-12-31 09:13:34

The Finance Minister has said that there will neither be any new tax imposed, nor will be any risk in the country’s banking sector in the year 2018. He also expected a peaceful and stable year...

SME loan payout up by 21.60pc in nine months

SME loan payout up by 21.60pc in nine months

-- 2017-12-31 06:10:53

The credit disbursement for the small and medium enterprises (SMEs) increased by 21.60 per cent in the first nine months of 2017 compared to the corresponding period of the last year, according to the...

Banks scramble for rescheduling loans to avert NPL buildup

Banks scramble for rescheduling loans to avert NPL buildup

Siddique Islam 2017-12-30 12:00:00

Banks got into a last-minute race seeking permission from the central bank to allow rescheduling loans under special considerations to help avert further buildup of their classified loans, as the year...

Year's last week ends on high note

Year's last week ends on high note

FE Report 2017-12-30 12:00:00

Stocks rebounded last week that ended Thursday, the last week of 2017, snapping a four-week losing streak, as investors showed their buying appetite on large-cap stocks amid New Year optimism. Anal...

OTC transaction jumps 17-fold in 2017

OTC transaction jumps 17-fold in 2017

FE Report 2017-12-30 11:34:10

Transaction on the over-the-counter (OTC) market of Dhaka Stock Exchange (DSE) jumped 17-fold in the outgoing calendar year 2017 compared to the previous year. The shares of the companies, which were...