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The Financial Express

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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...

BB resumes dollar sale to banks

BB resumes dollar sale to banks

FE REPORT 2019-10-19 10:39:34

The central bank has restarted providing foreign exchange (forex) support to banks through selling the US dollars to them in October after one month's interval to keep the market stable, officials s...

Act promptly to fix banking ills: IMF

Act promptly to fix banking ills: IMF

Siddique Islam 2019-10-19 10:16:55

The International Monetary Fund (IMF) has put forwarded a six-point recipe for Bangladesh to address its banking sector weaknesses. The recommendations include strong corporate governance, enforcing...

BSEC panel to have names of both audit firms, auditors

BSEC panel to have names of both audit firms, auditors

FE Report 2019-10-18 10:34:42

The securities regulator on Thursday decided to include the names of the auditors along with their firms in its auditors' panel to ensure more accountability of the firms that check financial report...

National Tubes tops turnover chart

National Tubes tops turnover chart

FE Report 2019-10-18 10:33:37

Ten most traded companies accounted for more than 26 per cent of transactions on the prime bourse on Thursday, with the National Tubes generating the highest turnover. According to the Dhaka Stock Ex...

NBR cuts taxes on MS products, cement sheet

NBR cuts taxes on MS products, cement sheet

FE REPORT 2019-10-18 10:24:47

The National Board of Revenue (NBR) has reduced taxes on mild steel (MS) products, cement sheet, bidi and some other raw materials for the steel sector. Officials said the revenue board has slashed...

Ctg-Chennai-Europe shipping route opens in Nov

Ctg-Chennai-Europe shipping route opens in Nov

JASIM UDDIN HAROON 2019-10-18 10:21:07

A new strategic Chattogram-Chennai-Europe shipping route is likely to commence next month which is expected to reduce lead time. Currently, Chattogram-Colombo, Chattogram-Singapore and Chattogram-Por...

Concentration of income increased by 69.36pc in three decades

Concentration of income increased by 69.36pc in three decades

FE Online Report 2019-10-17 16:47:28

Share of income has concentrated and centralised among the richest groups and the distribution of income is becoming progressively unequal in the country, according to a study. The study, conducted r...

Eighth FYP set to deal with multiple challenges

Eighth FYP set to deal with multiple challenges

FE Report 2019-10-17 12:24:48

The next eighth five-year plan (FYP) is set to deal with multiple challenges to be faced by Bangladesh after its graduation to a middle-income status in 2024. A review meeting on the apex national pl...

Silva Pharma recommends 11pc dividend

Silva Pharma recommends 11pc dividend

FE Online Report 2019-10-17 11:39:47

The board of directors of Silva Pharmaceuticals Ltd has recommended 6.0 per cent cash dividend for all shareholders excluding the sponsors & directors (excluding ICB) and 5.0 per cent stock divide...

Stocks open lower amid thin turnover

Stocks open lower amid thin turnover

FE Online Report 2019-10-17 11:37:20

Stocks witnessed downward trend in early hour of trading on Thursday as investors are mostly on selling mood amid depressed market outlook. Following the previous day’s decline, the Dhaka Stock...