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The Financial Express

Search results for: Bangladesh

MJL BD recommends 45pc cash dividend

MJL BD recommends 45pc cash dividend

FE Online Report 2019-10-23 11:43:59

The board of directors of MJL Bangladesh Ltd has recommended 45 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The final approval of dividend wi...

Quasem Industries recommends 12pc div

Quasem Industries recommends 12pc div

FE Online report 2019-10-23 11:28:40

The board of directors of Quasem Industries Limited has recommended 5.0 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday....

DSEX dips below 4,700-mark in early trading

DSEX dips below 4,700-mark in early trading

FE Online Report 2019-10-23 11:25:59

The prime index of the Dhaka bourse dipped below 4,700-mark in early trading on Wednesday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’...

ICB moots unit fund to support stock market

ICB moots unit fund to support stock market

MOHAMMAD MUFAZZAL 2019-10-23 10:33:50

The Investment Corporation of Bangladesh (ICB) has made a move to float another open-ended mutual fund to support the country's stressed capital market. The initiative is part of its continuous marke...

Phenomenal rise in industrial sector NPL

Phenomenal rise in industrial sector NPL

SIDDIQUE ISLAM 2019-10-23 09:59:47

The volume of classified loans, belonging to the industrial sector, jumped by more than 48 per cent in the fiscal year (FY) 2018-19. The main reason for a big leap was attributed mainly to the additi...

Square pharma recommends 49pc dividend

Square pharma recommends 49pc dividend

FE Online Report 2019-10-22 20:37:16

The board of directors of Square Pharmaceuticals has recommended 42 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, officials said. The final approval of dividend w...

ECNEC approves five projects involving Tk 46.37 billion

ECNEC approves five projects involving Tk 46.37 billion

BSS 2019-10-22 17:09:13

The Executive Committee of the National Economic Council (ECNEC) has approved a total of 5 projects during its meeting on Tuesday involving an overall estimated cost of Tk 46.37 billion. The ECNEC me...

Comprehensive framework to develop bond market drafted

Comprehensive framework to develop bond market drafted

FE Online Report 2019-10-22 15:57:48

A comprehensive framework to develop the country’s bond market has been drafted by a designated working committee. Titled as ‘Comprehensive framework on the development of bond market in...

DSEX sinks to fresh three-year low

DSEX sinks to fresh three-year low

FE Online Report 2019-10-22 15:32:26

The prime index of the Dhaka Stock Exchange (DSE) tumbled to more than three years low on Tuesday as investors dumped their holdings to prevent further losses. DSEX, the prime index of the DSE, plung...

Bangladesh seeks French investment in major sectors

Bangladesh seeks French investment in major sectors

-- 2019-10-22 15:12:39

Foreign Minister Dr AK Abdul Momen has urged French investors to invest in Bangladesh with focus on infrastructure, renewable energy, waste management and ICT sectors.  He made the call when he...

Sinobangla Industries recommends 10pc dividend

Sinobangla Industries recommends 10pc dividend

FE Online Report 2019-10-22 12:05:21

The board of directors of Sinobangla Industries Limited (SBIL) has recommended 10 per cent cash dividend for the year ended on June 30, 2019. The final approval of the dividend will come during the a...

Marico BD declares 200pc interim dividend

Marico BD declares 200pc interim dividend

FE Online Report 2019-10-22 12:01:43

The board of directors of Marico Bangladesh Limited has declared 200 per cent interim cash dividend for the year ending on March 31, 2020 based on six months financials for the period ended on Septe...

Stocks sink in early trading

Stocks sink in early trading

FE Online Report 2019-10-22 11:57:23

Stocks witnessed downward trend in early hour of trading on Tuesday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’s mild correction, t...

City Bank EPS rises to Tk 2.58 in Q3

City Bank EPS rises to Tk 2.58 in Q3

FE Desk Report 2019-10-22 10:46:09

City Bank presented its 3rd Quarter 2019 financial performances through an 'Earnings Disclosure' event organised on Monday at the bank's Head office in the capital. Consolidated Earnings Per Share (E...

GP sees 'very challenging environment' in Q3

GP sees 'very challenging environment' in Q3

FE Desk Report 2019-10-22 10:42:07

Grameenphone Ltd. reported total revenues of BDT 107.5 billion for the first nine months of 2019, a 9.5 per cent growth from the same period last year. The operator's subscriber base grew by 6.0 pe...

United Power tops turnover, gainer charts on prime bourse

United Power tops turnover, gainer charts on prime bourse

FE Report 2019-10-22 10:38:51

Ten most traded companies accounted for more than 24 per cent transactions on the prime bourse on Monday, while United Power generated the highest turnover. The power generation and distribution comp...

Stocks back into red as major sectors slump

Stocks back into red as major sectors slump

FE Online Report 2019-10-21 15:41:43

Stocks slipped back into the red zone on Monday, after a single-day break, as risk-averse investors went on selling binge on major sectors’ issues. DSEX, the prime index of the Dhaka Stock Exch...

Two more cos recommend dividend

Two more cos recommend dividend

FE Online Report 2019-10-21 11:52:40

Two more listed companies – Wata Chemicals Ltd and Bangladesh Autocars Ltd – have recommended dividend for the year ended on June 30, 2019, according to separate official disclosures on Mo...

Stocks descent as pessimism grips market

Stocks descent as pessimism grips market

FE Online Report 2019-10-21 11:28:09

Stocks witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance amid depressed market outlook. Following the previous day’s marginal gain, the Dh...

National Tea Company recommends 22pc dividend

National Tea Company recommends 22pc dividend

FE Online Report 2019-10-21 11:17:31

The board of directors of National Tea Company Ltd has recommended 22 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the divi...

Apex Spinning, Apex Food recommend dividend

Apex Spinning, Apex Food recommend dividend

FE Online Report 2019-10-21 11:03:35

Apex Spinning & Knitting Mills and Apex Foods Ltd have recommended 20 per cent cash dividend each for the year ended on June 30, 2019, according to separate official disclosure on Monday. Apex Sp...

IT Consultants recommends 12pc dividend

IT Consultants recommends 12pc dividend

FE Online Report 2019-10-21 10:50:04

The board of directors of IT Consultants Ltd has recommended 5.0 per cent cash and 7.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final ap...

Five more cos recommend dividend

Five more cos recommend dividend

FE Online Report 2019-10-21 10:49:19

Five more listed companies recommended dividend ranging between 10 per cent and 20 per cent for the year ended on June 30, 2019, according to separate official disclosures on Sunday. The companies ar...

Omera to raise Tk 2.38 billion

Omera to raise Tk 2.38 billion

FE REPORT 2019-10-21 10:30:12

The country's largest LPG firm, Omera Petroleum Limited, will raise funds worth Tk 2.38 billion from the capital market. The company will raise the amount by floating initial public offering (IPO) us...

Stocks edge up after two-day slump

Stocks edge up after two-day slump

FE Online Report 2019-10-20 17:46:20

Stocks ended marginally higher on Sunday, snapping a two-day slump, as bargain hunters showed their buying appetite on sector-specific shares. Market analysts said despite the edge up, worries remain...

Ashuganj Power bond: BSEC extends timeframe for subscription

Ashuganj Power bond: BSEC extends timeframe for subscription

FE Report 2019-10-20 11:07:20

The securities regulator has extended the timeframe for public subscription of the bond to be issued by Ashuganj Power Station Company (APSC) till November 18 next. The subscription period has been e...

‘Some banks, financial institutions facing crisis’   

‘Some banks, financial institutions facing crisis’   

FE Online Report 2019-10-19 20:07:57

Stating that some banks and financial institutions are facing crisis and navigating through difficult time, experts on Thursday said, proper monitoring, policy reforms, frequent auditing and selection...

Bangladesh to get highest assistance from WB: Finance minister

Bangladesh to get highest assistance from WB: Finance minister

BSS 2019-10-19 16:54:09

Finance Minister AHM Mustafa Kamal has expressed his hope that Bangladesh would get its highest loan assistance from the World Bank this time.  “The World Bank is very much eager to lend a...

BEZA to launch One-Stop Service on Oct 21

BEZA to launch One-Stop Service on Oct 21

FE Report 2019-10-19 11:00:48

Bangladesh Economic Zones Authority (BEZA) is set to launch its One-Stop Service on Monday with 11 categories of licences and approvals aiming to facilitate investments in the country. Investors will...

Weekly review: Stocks continue to bleed

Weekly review: Stocks continue to bleed

Babul Barman 2019-10-19 10:51:02

Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares. Week on week, DSEX, the prime index of the...