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The Financial Express

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CSE gets new managing director

CSE gets new managing director

FE ONLINE DESK 2020-02-04 13:44:34

Mamun-Ur-Rashid, former managing director of Standard Bank Limited, has been appointed as managing director of Chittagong Stock Exchange (CSE) Limited. He started his career with National Bank as a P...

DSEX gains 20.08 points at opening

DSEX gains 20.08 points at opening

FE Online Report 2020-02-04 12:03:56

Stocks witnessed upward trend in early hours of trading on Tuesday as investors continued their buying binge on sector specific issues based on earnings declaration. Following the previous two days&r...

Sluggish turnover hits DSE earnings

Sluggish turnover hits DSE earnings

Babul Barman 2020-02-04 11:48:41

The government's revenue earnings from the Dhaka bourse slumped 39 per cent in seven months in the current fiscal year as trading volume was on the decline. Market analysts said sluggish trading acti...

Economists say money elites sway policies

Economists say money elites sway policies

FE REPORT 2020-02-04 09:53:16

A nexus between political elites and their business counterparts is influencing policy-making process, experts said on Monday. They said this stands in the way of equal distribution of economic devel...

Bourses extend gaining streak

Bourses extend gaining streak

FE Online Report 2020-02-03 16:06:40

Stocks extended the gaining streak for the second day in a raw on Monday as some investors continued their buying binge based on quarterly earnings. DSEX, the prime index of the Dhaka Stock Exchange...

Stocks inch up on earning reports

Stocks inch up on earning reports

FE Online Report 2020-02-03 12:15:39

Stocks witnessed a marginal gain in early hours of trading on Monday as a section of investors are showing appetite on sector specific issues based on earnings declaration. Following the previous day...

Allegation brought against S S Steel

Allegation brought against S S Steel

FE REPORT 2020-02-03 11:47:11

Shore Cap Holdings Limited, a private limited company has brought allegation against a listed steel company's involvement in its placement share forgery. At a press conference held on Sunday at Dhaka...

Two power companies declare interim cash dividends

Two power companies declare interim cash dividends

FE REPORT 2020-02-03 11:45:10

Two power generation companies have declared interim cash dividend for the year to be ended on June 30, 2020 based on financial statements for the half year ended on December 31, 2019. The companies...

July-Jan inflow of remittance rises by 21pc

July-Jan inflow of remittance rises by 21pc

FE REPORT 2020-02-03 11:42:14

The flow of inward remittances grew by more than 21 per cent in the first seven months of this fiscal year (FY) on the back of incentives being provided by the government. The inflow of remittances r...

Govt asks seven state firms to complete valuation by Apr

Govt asks seven state firms to complete valuation by Apr

FE REPORT 2020-02-03 10:50:43

The government has asked seven state-owned energy firms to complete the valuation of their assets in two months for the divestment of shares in the bourses. The directive was issued as part of the go...

China virus epidemic poses a threat to BD trade

China virus epidemic poses a threat to BD trade

JASIM UDDIN HAROON 2020-02-03 10:32:56

Bangladesh's trade and economy may suffer badly due to the ongoing Coronavirus contagion in China, as the former is highly dependent on the world's second largest economy for its industrial raw materi...

Govt’s net bank borrowing may hit Tk 600b mark

Govt’s net bank borrowing may hit Tk 600b mark

SIDDIQUE ISLAM 2020-02-03 10:13:58

The government's net bank borrowing during the current month would be around Tk 46 billion, officials said. The net bank borrowing had reached Tk 508.42 billion until January 15 of the current fiscal...

Stocks post modest gain after two-day

Stocks post modest gain after two-day

FE Online Report 2020-02-02 17:53:37

Stocks posted a modest gain on Sunday, snapping as two-day losing streak, as some investors showed buying binge on sector-wise shares after city corporation election. DSEX, the prime index of the Dha...

BIBM lecture on ethics in banking today

BIBM lecture on ethics in banking today

FE Online Desk 2020-02-02 14:05:54

The 19th Nurul Matin Memorial Lecture on Ethics in Banking will be held at Bangladesh Institute of Bank Management (BIBM) auditorium  today (Sunday) at 7.30 pm. Dr. Atiur Rahman, Bangabandhu Cha...

Bangabandhu Shilpa Nagar partly ready

Bangabandhu Shilpa Nagar partly ready

Saif Uddin, Back from Chattogram 2020-02-02 12:10:22

The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) is partially ready with key infrastructure and utility services to host industrial units now, according to a spot account. Several investors have alr...

Stocks post marginal gains in early trading

Stocks post marginal gains in early trading

FE Online Report 2020-02-02 11:36:53

Stocks witnessed marginal gains in the early hours of trading on Sunday as some investors were showing appetite on sector-wise stocks amid ongoing earnings declaration. Following the previous day&rsq...

Summit Power declares 15pc interim dividend

Summit Power declares 15pc interim dividend

FE Online Report 2020-02-02 11:22:21

The board of directors of Summit Power Ltd has declared 15 per cent interim cash dividend for the year ending on June 30, 2020 based on un-audited financial statements for the half year period ended...

Weekly Review: MNCs see mixed performance

Weekly Review: MNCs see mixed performance

FE Report 2020-02-02 11:14:21

Listed multinational companies (MNCs) performed mixed in last week amid price corrections witnessed by many local companies. The local companies witnessed price corrections as their earnings declined...

UAE poised to reopen labour market

UAE poised to reopen labour market

FE REPORT 2020-02-02 10:01:41

The United Arab Emirates, UAE, is set to reopen its labour market for Bangladeshis shortly after an eight-year embargo, according to the country's envoy to the Gulf country. Muhammad Imran, Banglades...

Weekly Review: Stocks drop on poor earnings

Weekly Review: Stocks drop on poor earnings

Babul Barman 2020-02-01 11:44:32

Stocks slipped into red in the outgoing week as investors sold shares amid the lower-than-expected earnings declared by large-cap companies. Week-on-week, DSEX, the prime index of the Dhaka Stock Exc...

ICB AMCL approves dividend

ICB AMCL approves dividend

FE Report 2020-02-01 11:36:09

The Trustee Committee of the nine open-end mutual funds managed by ICB Asset Management Company Ltd (AMCL) approved dividends for the fiscal year 2019 at a meeting held on Thursday. The open-end mutu...

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

FE REPORT 2020-01-31 14:08:42

The central bank has asked the authorised dealer (AD) banks to properly ensure tax collection while their customers are making payments for importing goods or services using international credit cards...

Top ten grab one-third of DSE turnover

Top ten grab one-third of DSE turnover

FE Report 2020-01-31 14:02:36

Ten most traded firms accounted for one-third of transactions on the Dhaka Stock Exchange on Thursday with LafargeHolcim continuing to dominate the turnover chart for seventh straight session. Market...

15pc incentive on rice export until June 30

15pc incentive on rice export until June 30

FE Online Report 2020-01-30 19:11:21

The government on Thursday has declared 15 per cent incentives against exports of rice to boost shipment of the staple until June 30 this year, according to official sources. Permission of all kinds...

Stocks extend losses amid poor earnings declaration

Stocks extend losses amid poor earnings declaration

FE Online Report 2020-01-30 17:27:51

Stocks extended losses for the second straight day on Thursday as investors were on selling binge amid lower than expected earnings disclosures of a number of companies. DSEX, the prime index of the...

Nitol Insurance declares 15pc cash div

Nitol Insurance declares 15pc cash div

FE Online Report 2020-01-30 11:50:21

The board of directors of Nitol Insurance Company Limited has recommended 15 per cent cash dividend for the year ended on December 31, 2019. The final approval of dividend will come during the annu...

Stocks post modest gain at opening

Stocks post modest gain at opening

FE Online Report 2020-01-30 11:46:45

Stocks posted a marginal gain in early hours of trading on Thursday as investors mostly followed cautious stance amid ongoing earnings declaration. Following the previous day’s mild correction,...

Finance Minister asks Padma Bank to go public

Finance Minister asks Padma Bank to go public

FE Report 2020-01-30 10:53:10

Finance Minister AHM Mustafa Kamal on Tuesday suggested the Padma Bank Ltd to get listed on stock market as the bank has been doing well in recent time overcoming the initial crisis. "As the bank is...

Govt puts forth Tk 1.0tn investment needs

Govt puts forth Tk 1.0tn investment needs

FE Report 2020-01-30 10:46:01

The government has brought up a US$1.02 trillion investment requirement for the 8th five-year plan (FYP), which envisages achieving an upper middle income country status by 2031 and a developed nation...

Dhaka decries Delhi's discriminatory policy

Dhaka decries Delhi's discriminatory policy

SYFUL ISLAM 2020-01-30 10:00:19

Dhaka has protested New Delhi's discriminatory policy against Bangladeshi individuals and entities who plan to invest in India. Officials said India has kept Bangladeshi citizens and companies in res...