Search results for: Bangladesh

14 firms raise Tk 5.71b through IPOs in current fiscal

FE Online Report 2019-06-04 14:09:38

Thirteen companies and one mutual fund raised an aggregate amount of Tk 5.71 billion by floating IPOs in the past 11 months of the fiscal year 2018-19 (FY19). Fundraising by companies through IPOs r...

NBR to beef up capacity to detect tax evasion by MNCs

Doulot Akter Mala 2019-06-04 09:17:27

The revenue authority would soon impart training to its officials to build in-house capacity for proper enforcement of the transfer pricing law. The training will be on risk assessment and company pr...

Bangladesh receives record $1.95b remittance in May

-- 2019-06-03 20:04:31

Expatriate Bangladeshis have sent a record amount of remittance in May ahead of the Eid-ul-Fitr. They sent $1.95 billion in inward remittances to Bangladesh, a new monthly record, according to the ce...

DSE mobile app users exceed 45,000

FE Online Report 2019-06-03 18:38:46

Share trading through DSE mobile app continued to rise as the number of active users of the application exceeded 45,000-mark in May. The Dhaka Stock Exchange (DSE) on March 9, 2016 launched the mobil...

Number of BO accounts on rise

FE Online Report 2019-06-02 20:27:08

Around 65,235 new BO accounts were opened in the past five months as investors were more confident in pouring funds into the primary market rather than the secondary one. Guaranteed profit through in...

JCI Bangladesh organises pre-budget discussion

FE Online Desk 2019-06-02 15:52:18

JCI Bangladesh has organised a pre-budget discussion ‘Tarunner Vabna’ ahead of the upcoming National Budget 2019-2020. Keeping the mission of acalimitising the youth with positive chang...

113 MFIs' licences cancelled for violating existing rules

FE Report 2019-06-02 11:27:38

A total of 113 microfinance institutions (MFIs) have so far faced regulatory action for breaching the existing rules and regulations, officials said. The Microcredit Regulatory Authority (MRA) took...

Listed FIs witness mixed performance in dividend recommendation

FE Report 2019-06-02 10:27:18

The listed financial institutions (FIs) have witnessed mixed performance in recommending dividends for the year ended on December 31, 2018 compared to previous year. The companies have recommended di...

BD’s trade terms with UK to remain unchanged despite Brexit

-- 2019-06-01 17:40:07

Bangladesh High Commissioner to UK Saida Muna Tasneem has said that the trade terms of Bangladesh with the UK would remain the same even if the country comes out of the EU. “UK may come out of...

Weekly analysis: Stocks climb ahead of budget

Babul Barman 2019-06-01 10:50:27

Stocks closed higher in the last week ending on Thursday, with investors focusing on large-cap shares amid expectations that the market would maintain its uptrend after Eid holidays. Thursday was a...

Ten companies account for 24pc transactions

FE Report 2019-06-01 10:48:22

Ten most traded firms accounted for nearly 24 per cent of transactions on the Dhaka Stock Exchange (DSE) in the last week ending on Thursday, with the United Power Generation & Distribution Comp...

Demographic dividend: Country likely to miss the boat?

Jasim Uddin Haroon 2019-06-01 09:15:05

Bangladesh could fail to reap benefit from the ongoing most favourable period of its demographic dividend because of inadequate allocations for education and health sectors. With around two decades r...

Move to create ‘Start Up Fund’ for new entrepreneurs

-- 2019-05-31 18:44:30

The government for the first time is going to create a ‘Start Up Fund’ for the new entrepreneurs in the upcoming budget for the next fiscal year (FY20) in a bid to generate more employment...

Climate change may displace 10m in next 20 years: Experts

FE Report 2019-05-31 11:30:03

Around 10 million climate migrants will move from coastal areas to big cities of the country in next two decades due to climate change impacts, climate experts warned on Thursday. "As many as 10 mill...

Net foreign fund in stocks slumps

Babul Barman 2019-05-31 10:50:50

Net foreign investment in the Dhaka Stock Exchange (DSE) remained negative for the three consecutive months in May as overseas investors continued their selling spree. Foreign investors collected sha...

BSEC approves IFAD Auto's revised rights offer proceeds

FE Report 2019-05-31 10:46:21

The securities regulator has approved the proposal of IFAD Autos submitted to revise its implementation schedule of rights offer proceeds. The company confirmed the regulatory approval to its revised...

Stocks keep gaining streak

FE Online Report 2019-05-30 16:28:42

Stocks extended the gaining streak for the fifth straight session on Thursday as investors continued their buying appetite on budget expectation. Analysts said the market kept gaining as some investo...

BSEC approves draft prospectus of Constellation Fund, rights of IPDC

FE Report 2019-05-30 10:52:28

The securities regulator has approved the draft prospectus of Constellation Unit Fund and the rights of IPDC Finance. The approvals came on Wednesday at a meeting held at the office of the Banglade...

Ten most-traded cos grab 28pc turnover

FE Report 2019-05-30 10:50:44

Ten most-traded companies captured more than 28 per cent turnover of the Dhaka Stock Exchange (DSE) on Wednesday while New Line Clothings topped the chart. The New Line Clothings made trading debut...

Bangladesh signs $2.5b ODA deal with Japan

-- 2019-05-30 10:23:20

Bangladesh and Japan have signed their 40th ODA deal involving US$ 2.5 billion for implementing five projects to bolster ties between the two countries. Economic Relations Division (ERD) Secretary Mo...

BSEC drafts revised public issue rules

Mohammad Mufazzal 2019-05-30 09:18:54

The securities regulator has revised the public issue rules by incorporating some provisions, including a three-year lock-in period for all the shareholders mentioned in the IPO (initial public offeri...

Stocks extend gains on post-Eid optimism

FE Online Report 2019-05-29 15:29:16

Stocks extended the gaining spell on Wednesday as investors showed their buying spree amid post-Eid expectation. Market analysts said investors showed buying appetite on sector specific shares amid...

Ten most-traded cos grab one-fourth turnover

FE Report 2019-05-29 10:41:35

Ten most-traded companies grabbed one-fourth turnover of the Dhaka Stock Exchange (DSE) Tuesday while Square Pharmaceuticals topped the chart for the second day. Four banks --- BRAC Bank, Premier B...

Large, medium industrial base shrinks, shows survey

Jasim Uddin Haroon and Yasir Wardad 2019-05-29 10:03:48

The number of the country's large and medium manufacturing industrial establishments declined significantly in 2019 despite the fact that the curve of their contribution to the gross domestic product...

'Bankers should be more active to reduce bad loans'

-- 2019-05-28 19:45:50

Bangladesh Bank (BB) Governor Fazle Kabir has said the bankers should be more active to reduce the bad loans in the banking sector. “In 2018, the capital adequacy and liquidity of the banking s...

66pc workers are women in eight EPZs

-- 2019-05-28 19:37:56

Female workers are playing a vital role to accelerate the economic activities in the industries in country’s eight Export Processing Zones (EPZs) with around 66 per cent participation in product...

Global Ins recommends 5.0pc stock dividend

FE Online Report 2019-05-28 15:40:59

The board of directors of Global Insurance Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annua...

Stocks rise; DSEX crosses 5,300-mark

FE Online Report 2019-05-28 15:37:35

Stocks ended higher Tuesday, after remaining flat in the past four sessions, as investors showed their buying spree amid post-Eid optimism. Market analysts said investors were mostly on buying shares...

Stocks see sharp gain in early trading

FE Online Report 2019-05-28 11:58:48

Stocks witnessed sharp rise in early trading on Tuesday as the investors were active on sector-wise shares. Following the previous few days’ flat movement, the Dhaka Stock Exchange (DSE) and...

BD Finance approves 10pc stock dividend

FE Desk Report 2019-05-28 10:47:50

The 20th Annual General Meeting (AGM) of Bangladesh Finance and Investment Company Limited (BD Finance) was held at BCIC auditorium, Dhaka on Monday. Manwar Hossain, Chairman of BD Finance presided...