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The Financial Express

Search results for: Bangladesh

Stocks slip into red on Sunday after two-day gain

Stocks slip into red on Sunday after two-day gain

FE Online Report 2019-10-27 16:21:02

The daily trade turnover on the Dhaka bourse came down to Tk 2.56 billion on Sunday, hitting five and a half months low, as most of the investors were reluctant to make fresh investment in stocks. Tu...

19 more cos recommend dividend up to 35pc

19 more cos recommend dividend up to 35pc

FE Online Report 2019-10-27 14:25:27

The boards of directors of 19 more listed companies have recommended dividend ranging between 2.0 per cent and 35 per cent for the year ended on June 30, 2019, according to separate official disclos...

Kohinoor Chemicals recommends 40pc dividend

Kohinoor Chemicals recommends 40pc dividend

FE Online Report 2019-10-27 13:26:08

The board of directors of Kohinoor Chemicals Ltd has recommended 20 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final...

Shepherd Industries recommends 10pc stock dividend

Shepherd Industries recommends 10pc stock dividend

FE Online Report 2019-10-27 12:27:54

The board of directors of Shepherd Industries Ltd has recommended 10 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final approval of dividend...

Confidence Cement recommends 30pc dividend

Confidence Cement recommends 30pc dividend

FE Online Report 2019-10-27 11:55:19

The board of directors of Confidence Cement Ltd has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final a...

Bourses positive in early trading

Bourses positive in early trading

FE Online Report 2019-10-27 11:27:14

Stocks witnessed a positive trend in early trading on Sunday as some investors were showing their appetite on sector-wise shares. Following the previous day’s gain, the Dhaka Stock Exchange (DS...

FSIBL growth embarks on tech, diversification

FSIBL growth embarks on tech, diversification

Siddique Islam 2019-10-27 10:38:42

First Security Islami Bank Limited (FSIBL) is committed to meet need-based customers demand through introducing new product and services, the bank's top executive said. The Shariah-based Islami bank...

Taka bond ready to raise $10m from London market

Taka bond ready to raise $10m from London market

FHM HUMAYAN KABIR 2019-10-27 10:03:13

Bangladesh is going to float a taka-denominated bond for the first time on the London Stock Exchange next month to raise funds for the local private sector, officials said on Saturday. The Internatio...

Incentive on remittance unprecedented example, finance minister says

Incentive on remittance unprecedented example, finance minister says

-- 2019-10-26 18:35:12

Describing the government's move to provide 2.0 per cent incentive on sending remittance through legal channel as unprecedented example, Finance Minister AHM Mustafa Kamal has said such facility does...

DSE to form expert panel to check IPO prospectuses

DSE to form expert panel to check IPO prospectuses

FE Report 2019-10-26 11:56:50

The securities regulator has advised the country's premier bourse to form an expert panel to scrutinize the upcoming initial public offerings (IPO) prospectus properly. The Bangladesh Securities and...

Weekly review: Stocks end flat after volatile trading

Weekly review: Stocks end flat after volatile trading

Babul Barman 2019-10-26 11:54:53

Stocks finished almost flat in the outgoing week that ended on Thursday as investors mostly followed cautious stance amid ongoing volatile market trend. Week on week, DSEX, the prime index of the D...

Money loan courts fail to deliver results

Money loan courts fail to deliver results

FE REPORT 2019-10-26 11:09:44

The money loan courts (Artha Rin Adalat), which were created in 2003 to help expeditious resolution of disputes between banks and their clients over loan repayment, are overburdened. These courts are...

Savings certificates: Automation cuts sales 60pc

Savings certificates: Automation cuts sales 60pc

JASIM UDDIN HAROON 2019-10-26 09:49:21

With sales sliding by nearly 60 per cent, the government measures intended to contain transactions of savings instruments have started making an impact. The sales of four popular savings instruments...

Six more cos declare dividend

Six more cos declare dividend

FE Report 2019-10-25 12:24:08

Six more companies have recommended dividend ranging between 10 per cent and 40 per cent for the year ended on June 30, 2019, according to official disclosures published on Thursday. The companies ar...

Loan defaulters cashing in on BB circular, lawyer tells HC

Loan defaulters cashing in on BB circular, lawyer tells HC

FE REPORT 2019-10-25 11:10:18

In the High Court hearing on a writ petition on Thursday, Advocate Manzill Murshid said 'headstrong loan defaulters' are taking advantage of the circular issued by the Bangladesh Bank. The circular a...

BB to address customers' hassles in account opening

BB to address customers' hassles in account opening

Siddique Islam 2019-10-25 10:36:44

The Bangladesh Bank has sought explanation from 49 banks for the alleged harassment of their customers in opening fresh accounts, officials said. The Bangladesh Financial Intelligence Unit has been i...

Stocks end higher on ICB support

Stocks end higher on ICB support

FE Online Report 2019-10-24 15:37:42

Stocks extended the gaining streak for the second straight session on Thursday as bargain hunters showed their appetite on large-cap shares. Analysts said the market ended higher as the optimistic in...

BD to reach double-digit in ease of doing business by 2022: Salman

BD to reach double-digit in ease of doing business by 2022: Salman

-- 2019-10-24 13:17:01

Bangladesh will secure a place among the top 99 countries in the global ease of doing business rankings by 2022, said Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahma...

Monno Stafflers recommends 20pc stock dividend

Monno Stafflers recommends 20pc stock dividend

FE Online Report 2019-10-24 11:55:24

The board of directors of Monno Jute Stafflers Ltd has recommended 20 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval of divid...

Titas Gas recommends 26pc cash dividend

Titas Gas recommends 26pc cash dividend

FE Online Report 2019-10-24 11:45:03

The board of directors of Titas Gas Transmission and Distribution Company Ltd has recommended 26 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. T...

Three more companies recommend dividend

Three more companies recommend dividend

FE Online report 2019-10-24 11:38:38

The board of directors of three more companies – BBS Cables, Golden Harvest Agro Industries and HR Textile Ltd- have recommended dividend for the year ended on June 30, 2019, according to sepa...

KPCL recommends 40pc dividend

KPCL recommends 40pc dividend

FE Online report 2019-10-24 11:34:17

The board of directors of Khulna Power Company Limited has recommended 40 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval of...

Stocks edge up; DSEX gains 19 points

Stocks edge up; DSEX gains 19 points

FE Online Report 2019-10-24 11:32:54

Stocks witnessed upward trend in early trading on Thursday as optimistic investors are showing their appetite on lucrative large-cap issues. Following the previous day’s modest gain, the Dhak...

Ten cos snare 28pc turnover on bourse

Ten cos snare 28pc turnover on bourse

FE Report 2019-10-24 10:47:35

Ten most traded companies accounted for nearly 28 per cent of transactions on the Dhaka Stock Exchange (DSE) bourse on Wednesday. Grameenphone (GP) generated the highest turnover. Market analysts sa...

BD moves up eight spots in ease of doing business index

BD moves up eight spots in ease of doing business index

FE ONLINE DESK 2019-10-24 10:42:13

Bangladesh has moved up eight spots to 168 in the World Bank's Ease of Doing Business index 2020. The country's ranking was 176 in the last year, according to a report by the World Bank Group. A tot...

Four more cos recommend dividend up to 49pc

Four more cos recommend dividend up to 49pc

FE Online Report 2019-10-24 10:41:44

Four more listed companies - Square Pharmaceuticals, Square Textile, MJL Bangladesh and Quasem Industries have recommended dividend up to 49 per cent. Square Pharma: The board of directors of Square...

BB privilege for defaulters: ACC submits new statement to HC

BB privilege for defaulters: ACC submits new statement to HC

FE REPORT 2019-10-24 10:37:46

The Anti-Corruption Commission (ACC) on Wednesday submitted a new written statement to the High Court during the hearing on a case filed challenging a central bank circular. The circular allowed defa...

Ailing capital market: Brokers seek Tk 100b lifeline

Ailing capital market: Brokers seek Tk 100b lifeline

MOHAMMAD MUFAZZAL 2019-10-24 10:18:17

Stock brokers are seeking a Tk 100 billion fund from the government to inject new life into the moribund capital market. The intermediaries said they are set to submit their proposal to the finance m...

Stocks post marginal gain after sharp fall

Stocks post marginal gain after sharp fall

FE Online Report 2019-10-23 15:57:41

Stocks ended marginally higher on Wednesday, after suffering a big jolt in the previous day, backed by institutional support. Market analysts said despite the market edged up, most of the investors m...

Square Textile recommends 20pc cash dividend

Square Textile recommends 20pc cash dividend

FE Online Report 2019-10-23 12:00:29

The board of directors of Square Textile Ltd has recommended 20 per cent cash dividend for the year ended on June 30, 2019, officials said. The final approval of dividend will come during the Annual...