Search results for: Bangladesh

Real estate, housing sector's share in GDP 7.8pc: Survey

FE Online Report 2019-09-23 15:17:47

The real estate and housing sector contributes 7.8 per cent or Tk 1.415 trillion of the country's gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics(BBS). The...

TIB hails Beximco contribution to nat’l economy

FE Online Desk 2019-09-23 13:07:56

Transparency International Bangladesh (TIB) has commended Beximco Group, one of leading business conglomerates in the country, for its contribution to the national economy. The Bangladesh chapter of...

Stocks open flying note on BB moves

FE Online Report 2019-09-23 11:29:02

Stocks witnessed steep rise in early hour of trading on Monday as investors are showing their appetite on large-cap shares. Market analysts said market saw a sharp gain at opening riding on the centr...

Summit Power recommends 35pc cash dividend

FE Online Report 2019-09-23 11:15:23

The board of directors of Summit Power Ltd has recommended 35 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the dividend wil...

BB’s new policy could help prop up capital market

Siddique Islam 2019-09-23 09:52:58

The central bank has announced a fresh policy for providing temporary liquidity support to the scheduled banks for boosting their investment in the country's ailing capital market. Under the new poli...

Stocks rebound strongly riding on GP

FE Online Report 2019-09-22 17:55:50

Stocks rebounded strongly on Sunday as all three indices soared by more than 1.0 per cent each, powered by investors’ buying spree on large-cap stocks. Stockbrokers said the market registered a...

Public subscription of Ashuganj Power opens Monday

FE Online Report 2019-09-22 15:36:45

Public subscription of state-run Ashuganj Power Station Company Ltd will open tomorrow (Monday), aiming to raise Tk 1.0 billion. The initial public offering (IPO) subscription will stay open for both...

JMI Syringes recommends 30pc cash dividend

FE Online Report 2019-09-22 12:51:09

JMI Syringes & Medical Devices Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final approval of the dividend will co...

Stocks open higher as GP surges

FE Online Report 2019-09-22 11:42:25

Stocks witnessed an upward trend in early hour of trading on Sunday as investors showed their appetite on large-cap shares. Grameenphone led the rising index rise, followed by Square Pharma, Beximco...

Beacon Pharma sees steady growth

FE REPORT 2019-09-22 11:11:16

Beacon Pharmaceuticals, one of the leading pharmaceutical companies, has displayed a steady growth for last five years in its financial indicators, including net profits. The company's earnings p...

BB drafts law to check counterfeit currency

Doulot Akter Mala 2019-09-22 10:35:09

The central bank has prepared the draft of a first-ever law designed to prevent production, supply and use of counterfeit currency. The draft proposes the maximum life-time imprisonment for the offen...

Weekly analysis: Stocks continued to plummet

Babul Barman 2019-09-21 10:37:21

Stocks continued to plummet in the outgoing week, extending the losing streak for the fourth consecutive week, as investor sentiment remained grim despite the government's move to prop up the market....

Three more cos declare dividend

FE Report 2019-09-21 10:33:23

Three more listed companies -- Apex Footwear Limited, The IBN Sina Pharmaceuticals Ltd. and Eastern Housing Ltd. -- have declared dividend for the year ended on June 30, 2019. Apex Footwear: The Boar...

The IBN Sina Pharmaceuticals recommends 30pc cash dividend

FE Online Report 2019-09-20 19:41:06

The board of directors of The IBN Sina Pharmaceuticals Industry Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019. The AGM will be held on November 14. The record date...

Eastern Housing recommends 20pc cash dividend

FE Online Report 2019-09-20 19:35:19

The board of directors of Eastern Housing Ltd has recommended 20 per cent cash dividend for the year ended on June 30, 2019, officials said. The AGM will be held on November 14. The record date is on...

Apex Footwear recommends 55pc cash dividend

FE Online Report 2019-09-20 19:31:29

The board of directors of Apex Footwear Limited has recommended 55 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure. The final approval of the dividend will com...

Ten cos account for 29pc transactions

FE Report 2019-09-20 11:44:18

Ten most traded companies accounted for 29 per cent of transactions on the prime bourse on Thursday, with the National Tubes making it to the top of the turnover chart for the third straight session...

Kamal to transfer his shares in Asia Pacific Ins Co to his daughter

FE Report 2019-09-20 11:42:42

Finance Minister AHM Mustafa Kamal will transfer his entire holding of shares in Asia Pacific General Insurance Company (APGIC) to his daughter Nafisa Kamal. Mr Kamal, one of the sponsors of the comp...

Supply chain finance: Call to craft policy guidelines

FE Report 2019-09-20 10:58:34

Bankers and experts on Thursday called for framing a comprehensive policy guideline for supply chain financing, saying it could help develop smaller firms. They said Bangladesh Bank (BB) should form...

IMF’s panacea to retain trust in banking system

Siddique Islam 2019-09-20 10:07:36

The International Monetary Fund (IMF) has suggested the regulatory authorities adopt a comprehensive timely action plan to help maintain confidence in the banking system. It has recommended that the...

Outbound travel rises but tax receipts drop

Doulot Akter Mala 2019-09-20 10:06:38

Travel tax collection slipped by almost 8.0 per cent during the last fiscal year, despite a surge in the number of outbound passengers from the country. The National Board of Revenue (NBR) collected...

Stocks keep losing despite GP surge

FE Online Report 2019-09-19 15:48:44

Stocks witnessed yet another bearish session Thursday, with key index of the Dhaka bourse hitting fresh 33-month low, as jittery investors continued to dump their holdings to prevent further loss. DS...

Argon Denims recommends 15pc dividend

FE Online Report 2019-09-19 12:29:56

The board of directors of Argon Denims Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come during th...

Evince Textiles recommends 12pc div

FE Online Report 2019-09-19 11:44:05

The board of directors of Evince Textiles Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come du...

Stocks open higher riding on GP

FE Online Report 2019-09-19 11:41:24

Stocks witnessed upward trend in early hour of trading on Thursday riding on Grameenphone shares. The government and top mobile phone operators have reached a consensus over settling the long dispute...

DSE asked to submit report on two cos

FE Report 2019-09-19 11:02:24

The securities regulator has asked the country's premier bourse to submit a report on alleged manipulation of the share prices of two companies to the commission. The decision was taken on Wednesday...

Low-cap cos dominate turnover chart

FE Report 2019-09-19 11:00:29

Low-cap companies continued to dominate the Dhaka bourse's turnover chart while ten most-traded companies captured 30 per cent transactions on Wednesday. National Tubes continued to top the turnover...

Find funds from other sources for power dev work: Nasrul

FE Report 2019-09-19 10:43:28

State minister for power, energy and mineral resources Nasrul Hamid has asked state-run power entities to find alternative finances instead of government funds to accomplish development work. They sh...

IMF projects GDP growth rate at 7.6pc

FE Report 2019-09-19 10:13:53

The International Monetary Fund (IMF) projected that the economy of Bangladesh would grow 7.6 per cent in fiscal year (FY) 2019-20. The IMF projected the GDP growth rate at 8.0 per cent for FY 2018-1...

Stocks fall; DSEX hits 33 months low

FE Online Report 2019-09-18 15:47:07

The prime index of the Dhaka Stock Exchange slumped below 4,900-mark after more than 33 months, as jittery investors continued to dump their holdings to prevent further loss. DSEX, the prime index...