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The Financial Express

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Bangladesh, Vietnam to double bilateral trade volume

Bangladesh, Vietnam to double bilateral trade volume

-- 2019-12-27 18:26:35

Bangladesh and Vietnam want to work closely to double the bilateral trade volume from around $1.0 billion to $2.0 billion by 2021. The two countries held the second meeting of the Joint Trade Committ...

Unique Hotel AGM approves 20pc div

Unique Hotel AGM approves 20pc div

-- 2019-12-27 11:09:46

The 18th annual general meeting (AGM) of Unique Hotel & Resorts Limited was held at Gulshan Club Limited in the city on Thursday, says a statement. Chairperson of the Board of Directors of the co...

GPH Ispat approves 10pc div

GPH Ispat approves 10pc div

-- 2019-12-27 11:08:08

The 13th annual general meeting (AGM) of GPH Ispat Ltd. was held at City Convention Hall in Chattogram on Thursday, with its Chairman Md Alamgir Kabir in the chair. The shareholders approved the fina...

Daffodil Computers generates highest turnover

Daffodil Computers generates highest turnover

FE Report 2019-12-27 11:06:16

Daffodil Computers generated the highest turnover on the Dhaka Stock Exchange (DSE) on Thursday, as the ten most traded companies accounted for 23 per cent of transactions. On Tuesday, the IT company...

Stocks rebound on bargain hunting

Stocks rebound on bargain hunting

FE Online Report 2019-12-26 16:01:17

Stocks rebounded on Thursday, after hitting 42-month low in the previous day, as bargain hunters showed their buying appetite on sector-wise shares. DSEX, the prime index of the Dhaka Stock, went up...

New index CNI-DSE selective index go-live today

New index CNI-DSE selective index go-live today

FE Online Report 2019-12-26 12:24:30

The prime bourse will launch one new index named--CNI-DSE Select Index (CDSET) as part of technical collaboration plan between DSE and strategic partner. The index is designed and developed by Shen...

Bourses open higher amid optimism

Bourses open higher amid optimism

FE Online Report 2019-12-26 12:10:38

Stocks witnessed upward trend in early hours of trading on Thursday as bargain hunters were active on sector-wise issues. After hitting fresh 42-month, the Dhaka Stock Exchange (DSE) and the Chittago...

Total premium income of pvt life ins cos rises to Tk 84,758m

Total premium income of pvt life ins cos rises to Tk 84,758m

FE DESK 2019-12-26 11:09:24

The total premium income of private sector life insurance companies increased from Tk. 77,318 million in 2017 to Tk. 84,758 million in 2018. The total assets of the private sector life insurance compa...

Three cos' price hit rock-bottom on DSE

Three cos' price hit rock-bottom on DSE

Mohammad Mufazzal 2019-12-26 11:05:15

The share price of three listed companies hit the rock-bottom following investors' less interest to take part in transactions mainly because of their non-performing status. The companies whose share...

Cross-border trade under SASEC: ADB to support BD’s reform

Cross-border trade under SASEC: ADB to support BD’s reform

FHM HUMAYAN KABIR 2019-12-26 10:30:55

The Asian Development Bank (ADB) is expected to help Bangladesh ease transborder and regional trade through facilitating infrastructural development and regulatory reforms, officials have said. Under...

2019: A lacklustre year for IPOs

2019: A lacklustre year for IPOs

BABUL BARMAN 2019-12-26 10:22:25

Low-cap companies have dominated the initial public offerings, or IPOs, in the outgoing year in what was a bearish market. A total of eight firms raised Tk 5.52 billion combined, including premium, b...

BIA holds 32nd AGM

BIA holds 32nd AGM

FE Online Desk 2019-12-25 13:53:39

 The 32nd Annual General Meeting (AGM) of the Bangladesh Insurance Association was held at Dhaka Club on Tuesday. The meeting was presided over by Mr. Sheikh Kabir Hossain, president, BIA. The...

FDI rises over 5pc from July to October

FDI rises over 5pc from July to October

-- 2019-12-25 13:02:17

Foreign Direct Investment (FDI) in Bangladesh increased 5.36 per cent year-on-year during July-October period of 2019-20 fiscal year (July 2019-June 2020), the central bank data has showed. The Bangl...

Govt to support businesses for job creation: Kamal

Govt to support businesses for job creation: Kamal

FE REPORT 2019-12-25 10:46:03

Finance Minister AHM Mustafa Kamal on Tuesday said the government will continue to support the growth of private sector so they can employ more people. He said, "Businesses should set a target to reg...

Kamal, DSE meet Jan 02 on policy support

Kamal, DSE meet Jan 02 on policy support

MOHAMMAD MUFAZZAL 2019-12-25 10:36:06

The Dhaka Stock Exchange (DSE) will sit with the finance minister to seek effective policy support for bringing back investors' confidence in the moribund stock market. The country's premier bourse f...

BB sets single-digit lending rate for industrial manufacturers

BB sets single-digit lending rate for industrial manufacturers

SIDDIQUE ISLAM 2019-12-25 09:43:39

The Bangladesh Bank (BB) board of directors has approved a proposal on a single-digit lending rate for industrial manufacturers to add an impetus to the country's economic growth. The approval came a...

DSE daily turnover hits 21-month low

DSE daily turnover hits 21-month low

FE Online Report 2019-12-24 16:03:15

The daily trade turnover on the Dhaka Stock Exchange (DSE) dropped to 21 months low Tuesday as investors were reluctant to make fresh investment in stocks amid ongoing bearish trend. Turnover, a cruc...

Uttara Finance to issue Tk 3.73b bond

Uttara Finance to issue Tk 3.73b bond

FE Online Report 2019-12-24 11:42:46

The board of directors of Uttara Finance and Investment Ltd will issue non-convertible zero coupon bonds through private placement at a discounted issue price of more than Tk 3.73 billion. Total face...

Bourses post marginal gain in early trading

Bourses post marginal gain in early trading

FE Online Report 2019-12-24 11:32:38

Stocks witnessed marginal gain in early hours of trading on Tuesday as investors mostly followed cautious stance. After hitting fresh 42-month, the Dhaka Stock Exchange (DSE) and the Chittagong Stock...

Square Pharma tops turnover chart

Square Pharma tops turnover chart

FE Report 2019-12-24 10:33:52

Square Pharmaceuticals dominated the Dhaka bourse's transaction chart Monday while ten most traded companies accounted for 29 per cent transactions. Market analysts said investors continued their sel...

BB set to issue circular on single-digit loan rate

BB set to issue circular on single-digit loan rate

SIDDIQUE ISLAM 2019-12-24 10:18:57

The central bank is set to issue a circular on single-digit interest rate on industrial loans after getting approval from its board of directors, officials said. A draft of the circular is expected t...

DSEX dips below 4,400-mark again

DSEX dips below 4,400-mark again

FE Online Report 2019-12-23 15:56:01

The key index of Dhaka Stock Exchange (DSE) dipped below the ‘psychological’ threshold of 4,400-mark on Monday as worried investors continued their selling on major sectors’ shares...

Stocks slip at opening amid selling spree

Stocks slip at opening amid selling spree

FE Online Report 2019-12-23 11:50:44

Stocks witnessed downward trend in early hours of trading on Monday as cautious investors continued their selling binge on sector-wise issues. Following the previous day’s decline, the Dhaka St...

Genex Infosys signs deal with Banglalink

Genex Infosys signs deal with Banglalink

FE Online Report 2019-12-23 11:30:32

The board of directors of Genex Infosys has approved an agreement with Banglalink Digital Communications Ltd, to be called ‘Agreement for Mobile Device Business.’ The company has signed t...

BSEC approves change of two MFs asset manager

BSEC approves change of two MFs asset manager

FE Report 2019-12-23 11:01:48

The securities regulator on Sunday gave approval to change the asset manager of two closed-end mutual funds as demanded by more than two-third unit holders. The mutual funds are DBH First Mutual Fund...

KPCL generates highest turnover

KPCL generates highest turnover

FE Report 2019-12-23 11:00:08

Khulna Power Company Ltd dominated the Dhaka Stock Exchange's transaction chart on Sunday while ten most traded companies accounted for 27 per cent transactions. Market analysts said investors showed...

NBR cuts AIT to 3.0pc on cement materials import

NBR cuts AIT to 3.0pc on cement materials import

Mohammad Mufazzal 2019-12-23 10:30:08

The government has reduced the rate of advance income tax (AIT) on import of cement raw materials to 3.0 per cent from 5.0 per cent. National Board of Revenue (NBR) issued a SRO (statutory regulatory...

Technip revises down construction cost estimate of oil refinery

Technip revises down construction cost estimate of oil refinery

M AZIZUR RAHMAN 2019-12-23 09:34:29

French firm Technip, which is keen to clinch the contract for building the country's second crude oil refinery, has revised down the estimated cost of its construction to US$ 2.23 billion. The oil re...

Stocks slip into red as GP’s share drops

Stocks slip into red as GP’s share drops

FE Online Report 2019-12-22 17:29:37

Stocks slipped back into the red on Sunday, after a single-day break, as worried investors went selling on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 25...

Envoy Textiles AGM approves 15pc cash dividend

Envoy Textiles AGM approves 15pc cash dividend

FE Online Desk 2019-12-22 13:41:21

The board of directors of Envoy Textiles Limited has approved 15 per cent cash dividend for the year ended on June 30, 2019. The final approval of the dividend came during the 24th Annual General Mee...