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The Financial Express

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DSE sees downturn, CSE gains in early trading

DSE sees downturn, CSE gains in early trading

FE Online Report 2019-09-01 11:41:15

The prices of most of the shares on country's prime bourse witnessed a downward trend in early hour of trading on Sunday as investors mostly followed cautious stance. Following the previous week&rsqu...

Doreen Power recommends 30pc dividend

Doreen Power recommends 30pc dividend

FE Online Report 2019-09-01 11:36:53

The board of directors of Doreen Power Generations and Systems Ltd has recommended 17 per cent cash dividend for shareholders excluding the sponsors/directors and 13 per cent stock dividend for all sh...

Time is now ripe for introducing 'Sukuk': Experts

Time is now ripe for introducing 'Sukuk': Experts

FE Report 2019-09-01 10:02:20

The country needs to formulate a comprehensive legal and regulatory framework for getting optimum benefit from the Islamic financing instruments, former chairman of the National Board of Revenue (NBR)...

Weekly analysis: Stocks snap four-week winning streak

Weekly analysis: Stocks snap four-week winning streak

Babul Barman 2019-08-31 11:53:24

The stock market suffered a major correction in the outgoing week, snapping a four-week gaining streak, as risk-averse investors chose to book quick profit on large-cap stocks. Week on week, the DSEX...

National Polymer to issue rights shares

National Polymer to issue rights shares

FE Report 2019-08-31 11:49:42

The board of directors of National Polymer Industries has decided to issue rights shares to cope with the business growth and strengthen the capital base of the company. The board has also recommende...

United Power tops the chart for third straight week

United Power tops the chart for third straight week

FE Report 2019-08-31 11:01:25

Ten most traded companies accounted for one-fourth of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the United Power Generation & Distribution Company making it to the...

Joint efforts key to sustainable banking

Joint efforts key to sustainable banking

FE Report 2019-08-30 10:26:24

A collaborative approach of industry-led initiatives and policy leadership is required to ensure sustainable financing in banking system, experts said on Thursday. The banks, in most cases, look less...

Govt to cut down on bank borrowing for September

Govt to cut down on bank borrowing for September

Siddique Islam 2019-08-30 10:18:00

The government is set to reduce borrowing from the country's banking system for September, compared to the current month, to meet the budget deficit partly. The ministry of finance has set the bank b...

No fresh loans for defaulters until Oct 20: HC

No fresh loans for defaulters until Oct 20: HC

FE Report 2019-08-30 10:05:05

The High Court on Thursday ordered the Bangladesh Bank and other banks not to allow the loan defaulters to take out fresh credit until October 20. They are the loan defaulters, who got the opportunit...

Over half of BO accounts exist in name only

Over half of BO accounts exist in name only

Mohammad Mufazzal 2019-08-30 09:54:48

More than half the active BO (beneficiary owner) accounts are not playing any role in daily share transactions as they have either zero balance or have never been used in share trading. This has been...

Ten cos account for 30.5pc of transactions on DSE

Ten cos account for 30.5pc of transactions on DSE

FE Report 2019-08-29 10:47:54

Ten most traded companies accounted for 30.5 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the United Power Generation & Distribution Company generating the highest...

Compound interest rate not feasible, says Kamal

Compound interest rate not feasible, says Kamal

FE Report 2019-08-29 10:43:33

Finance minister AHM Mustafa Kamal said on Wednesday the compound interest rate of bank loans is not feasible in modern times. He said the borrowers do not want to pay 14-16 per cent interest in bank...

SEML FBLSL Growth Fund price dips 62.18pc in 15 sessions

SEML FBLSL Growth Fund price dips 62.18pc in 15 sessions

FE Report 2019-08-28 10:48:42

The price of the units of the SEML FBLSL Growth Fund declined 62.18 per cent in last 15 sessions. Following continuous price correction, the fund became the worst loser on Tuesday as the unit price...

Indo-Bangla Pharma to produce 1200m tablets per year

Indo-Bangla Pharma to produce 1200m tablets per year

FE Report 2019-08-28 10:44:33

Indo-Bangla Pharmaceuticals (IBP) has inked a manufacturing agreement with RHK GLOBAL (HK), Hong Kong, to produce Super Tramex-100mg brand tablet. Under the agreement made on August 26, Tramadol, the...

Banks’ H1 deposit growth up slightly

Banks’ H1 deposit growth up slightly

Siddique Islam 2019-08-28 10:17:36

The overall deposit growth in the country's banking sector rose but slightly in the first-half (H1) of the current calendar year following a higher remittance inflow. Lower sales of national saving...

Bad loans taking toll on banks’ profit earning

Bad loans taking toll on banks’ profit earning

FE Report 2019-08-28 10:03:53

Profitability of the country's banks has declined by around 17 per cent over the last 10 years, mainly due to growth in the volume of bad loans, according to a study report. The bulging non-performin...

Dhaka, Tokyo sign MoC on skilled workers recruitment

Dhaka, Tokyo sign MoC on skilled workers recruitment

-- 2019-08-27 14:09:39

Dhaka and Tokyo on Tuesday signed a Memorandum of Cooperation (MoC) on accepting specified skilled workers by Japan from Bangladesh. The document was signed by the Expatriates’ Welfare and Over...

Beacon Pharma, United Power dominate turnover chart

Beacon Pharma, United Power dominate turnover chart

FE Report 2019-08-27 10:28:41

Top 10 traded companies captured 28.38 per cent of the turnover featured by the Dhaka Stock Exchange (DSE) on Monday. Of the top turnover leaders, Beacon Pharmaceuticals featured a turnover of Tk 232...

Climate change adversely affecting sustainability of construction sector: Experts

Climate change adversely affecting sustainability of construction sector: Experts

FE Online Report 2019-08-26 20:39:11

Growing climate change vulnerability especially rising temperature is adversely affecting the sustainability of Bangladesh’s construction and building industry, said experts. The observations c...

DSE pays homage to Bangabandhu

DSE pays homage to Bangabandhu

FE Online Desk 2019-08-26 18:16:24

DSE arranged a doa mahfil and discussion meeting on Monday to pay homage to Bangabandhu Sheikh Mujibur Rahman on the occasion of his 44th death anniversary. DSE chairman Prof Abul Hashem, directors a...

United Power tops gainers' list

United Power tops gainers' list

FE Report 2019-08-26 10:29:57

United Power Generation & Distribution Company (UPGDC) topped the chart of top 10 gainers following investors' increased participation. The company featured a turnover of Tk 178.60 million on Sun...

'Govt won't refinance state-owned commercial banks anymore'

'Govt won't refinance state-owned commercial banks anymore'

-- 2019-08-25 20:07:56

The government will not refinance the state-owned commercial banks -- Sonali Bank Ltd, Rupali Bank Ltd, Agrani Bank Ltd and Janata Bank Ltd -- anymore to address their capital crunch. Finance Ministe...

DSE to pay homage to Bangabandhu Monday

DSE to pay homage to Bangabandhu Monday

FE Online Desk 2019-08-25 16:51:40

Dhaka Stock Exchange (DSE) will hold a doa mahfil and discussion meeting to pay homage to Bangabandhu Sheikh Mujibur Rahman to mark his 44th death anniversary on Monday on the premises of DSE. Seni...

Four Z-category cos under DSE scanner

Four Z-category cos under DSE scanner

FE Report 2019-08-25 10:42:33

The country's premier bourse will inspect the business affairs of four 'Z' category companies which failed to declare dividends for a period of last five years. In last week, the Bangladesh Securit...

Bangladesh gets $2.5m export order from Canada exhibition

Bangladesh gets $2.5m export order from Canada exhibition

-- 2019-08-24 20:23:56

Bangladesh readymade garment (RMG) industry has received around $2.50 million export order from the apparel sourcing exhibition, titled Apparel Textile Sourcing Canada (ATSC), held in Toronto of Canad...

Weekly review: Stocks ride four-week winning streak

Weekly review: Stocks ride four-week winning streak

Babul Barman 2019-08-24 10:41:15

Stocks maintained their gaining streak for the fourth straight week that ended on Thursday, with investors showing their appetite for June year-end companies' shares. It was also the first week after...

United Power lights up weekly turnover chart

United Power lights up weekly turnover chart

FE Report 2019-08-24 10:36:24

Ten most traded companies accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the United Power Generation & Distribution Company bagging the top...

Ring Shine IPO subscription opens tomorrow

Ring Shine IPO subscription opens tomorrow

FE Report 2019-08-24 10:34:38

The initial public offering (IPO) of shares in Ring Shine Textiles Ltd. will open for subscription tomorrow (Sunday), as the company aims to raise a fund of Tk 1.50 billion from the stock market. The...

Minister urges Brazil to slash 35pc import duty

Minister urges Brazil to slash 35pc import duty

-- 2019-08-23 20:20:09

Commerce Minister Tipu Munshi requested the Brazilian government to reduce the existing 35 per cent import duty, so that Bangladeshi readymade garments (RMG) and other items can enter its market. &ld...

Stocks rebound following single-day break

Stocks rebound following single-day break

FE Online Report 2019-08-22 17:00:56

Stocks rebounded on Thursday, after a single-day break, as some investors showed their buying binge on sector-wise shares. The market opened on upward trend and the key index of the major bourse rose...