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The Financial Express

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BD seeks more British investment

BD seeks more British investment

-- 2019-08-01 12:13:04

Finance Minister AHM Mustafa Kamal has said more British companies should come up with more investment to Bangladesh and take advantage of its young and growing population. He said Bangladesh needs...

Stocks open positive after BB unveils MPS

Stocks open positive after BB unveils MPS

FE Online Report 2019-08-01 11:30:13

Stocks witnessed modest gain in early trading on Thursday as some investors went on buying shares after the central bank on Wednesday unveiled the monetary policy statement (MPS). Following the previ...

Most banks' EPS see higher growth in H1

Most banks' EPS see higher growth in H1

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

Earnings per share (EPS) of 73 per cent listed banks increased in first half (H1) of January-June 2019 period compared to the same period of the previous year. EPS is the portion of a company's pro...

LHBL posts 46pc growth in net profit in Q2

LHBL posts 46pc growth in net profit in Q2

FE Desk Report 2019-08-01 11:09:12

Leading cement manufacturer LafargeHolcim Bangladesh (LHBL) posted a significant increase in profits in the second quarter of the current year. Its net profit increased by 46 per cent during the peri...

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

Ring Shine Textile's subscription opens on Aug 25 to raise Tk 1.50b

FE Report 2019-08-01 11:05:11

The public subscription of Ring Shine Textiles Ltd is set to begin on August 25, aiming to raise a capital worth Tk 1.50 billion from the stock market. The company's initial public offering (IPO) sub...

Subsidy for crop insurance needed for food security

Subsidy for crop insurance needed for food security

FE Report 2019-08-01 10:58:33

Subsidy is required to successfully implement crop insurance system in the country, Dr Shameem Hassan Bhuiyan, a crop insurance expert, told a roundtable at a city hotel on Wednesday. "Crop insurance...

Kamal hopes to recover embezzled bank money

Kamal hopes to recover embezzled bank money

FE Report 2019-08-01 10:20:46

Finance Minister A H M Mustafa Kamal said he will recover the entire volume of money, embezzled from banks by various conglomerates like Hallmark Group. "My standpoint is still the same. We will reco...

Tax revenue collection misses target by Tk 571b

Tax revenue collection misses target by Tk 571b

FE Report 2019-08-01 09:54:19

Tax revenue collection posted an aggregate shortfall of Tk 571 billion in the fiscal year (FY) 2018-19 against its revised target, recording 10.7 per cent growth over the corresponding year. The grow...

MPS eyes higher growth

MPS eyes higher growth

Siddique Islam 2019-08-01 00:00:00

The central bank announced on Wednesday "cautiously accommodative" monetary policy statement (MPS) for the current fiscal year aiming to achieve higher growth while taming inflationary pressures. "Th...

BB has ‘no data on remittance outflow’

BB has ‘no data on remittance outflow’

-- 2019-07-31 17:20:37

Bangladesh Bank does not maintain any data on remittance outflow although it has updated data on remittance inflow, said its officials. Bangladesh Bank government Fazle Kabir and other deputy governo...

4,000 Rajshahi people get overseas jobs last year

4,000 Rajshahi people get overseas jobs last year

-- 2019-07-31 16:25:32

Around 4,000 people both male and female from Rajshahi district have got jobs in abroad including the Middle East countries last year. Earlier on, the people were given six-month training on general...

BB unveils cautiously accommodative monetary policy

BB unveils cautiously accommodative monetary policy

FE Online Report 2019-07-31 15:05:44

The central bank on Wednesday unveiled an accommodative but cautious monetary policy for this fiscal year (FY 2019-20) aiming to achieve maximum growth with curbing inflationary pressures on the econo...

ACI to set up joint-venture with CO-RO A/S

ACI to set up joint-venture with CO-RO A/S

FE Online Report 2019-07-31 11:57:15

ACI Limited will set up a joint-venture company with renowned Danish juice manufacturing company CO-RO A/S, said an official disclosure on Wednesday. In this regard, the board of directors of the A...

Ring Shine Textile’s subscription to begin Aug 25

Ring Shine Textile’s subscription to begin Aug 25

FE Online Report 2019-07-31 11:52:35

The IPO subscription of Ring Shine Textiles Limited is set to begin August 25, aiming to raise a capital worth Tk 1.50 billion from the capital market. The company’s initial public offering (...

Stocks post slight gain in early trading

Stocks post slight gain in early trading

FE Online Report 2019-07-31 11:33:47

Stocks witnessed modest gain in early trading on Wednesday as most of the investors followed cautious stance amid ongoing earnings declaration season coupled with monetary policy statement (MPS). The...

Rupali Life Insurance recommends 12pc cash dividend

Rupali Life Insurance recommends 12pc cash dividend

FE Online Report 2019-07-31 11:24:39

The board of directors of Rupali Life insurance has recommended 12 per cent cash dividend for the year ended on December 31, 2018, according to an official disclosure on Wednesday. The final approval...

Coppertech makes trading debut on August 5

Coppertech makes trading debut on August 5

FE Report 2019-07-31 10:56:21

Trading of the shares of Coppertech Industries will commence on the bourses on Monday (August 5) under 'N' category, officials said. The Coppertceh, which received regulatory approval from the Bangla...

Dhaka, Ctg account for ‘90pc loans, advances’

Dhaka, Ctg account for ‘90pc loans, advances’

FE Report 2019-07-31 10:48:58

Policy makers and experts have emphasised ensuring human dignity for all through expediting financial inclusion initiatives, saying that development without human dignity as the quintessential purpose...

Bangladesh now on World Bank’s ‘Gap Country’ list

Bangladesh now on World Bank’s ‘Gap Country’ list

FHM Humayan Kabir 2019-07-31 10:06:39

A World Bank (WB) team is coming to Bangladesh next week to apprise the country of its various loan options, as the country graduated to the lower-middle-income country status few years ago, officials...

BSEC seeks fiscal concessions to help develop bond market

BSEC seeks fiscal concessions to help develop bond market

Syful Islam 2019-07-31 09:51:46

The Bangladesh Securities and Exchange Commission (BSEC) has sought a number of fiscal concessions, including tax waivers, to help develop the country's moribund bond market, officials said. The comm...

Germany to provide 200m Euro for development projects

Germany to provide 200m Euro for development projects

-- 2019-07-30 19:31:07

Bangladesh and Germany on Tuesday signed two bilateral agreements on development cooperation with German assistance worth 200 million Euro (approximately Tk 18.47 billion) for various development proj...

Stocks slip into red ahead of MPS

Stocks slip into red ahead of MPS

FE Online Report 2019-07-30 15:49:14

Stocks slipped into the red on Tuesday as investors were mostly on selling spree amid lower than expected earnings of some companies. Market analysts said most of the investors remained cautious amid...

BATBC’s EPS slumps 38pc in Apr-June quarter

BATBC’s EPS slumps 38pc in Apr-June quarter

FE Online Report 2019-07-30 13:48:22

The British American Tobacco Bangladesh Company’s (BATBC) earnings per share (EPS) plunged 38pc year-on-year in April-June 2019 quarter. According to unaudited financial statements, the multina...

Two more life insurers recommend dividend

Two more life insurers recommend dividend

FE Online Report 2019-07-30 11:37:41

The board of directors of two life insurance companies – Sandhani Life Insurance and National Life Insurance – have recommended dividend for the year ended on December 31, 2018, according...

DSE sees modest gain in early trading

DSE sees modest gain in early trading

FE Online Report 2019-07-30 11:34:13

Dhaka stocks witnessed modest gain in early trading on Tuesday as some investors were active on sector specific shares ahead of monetary policy statement (MPS). Following the previous day’s m...

Fortune Shoes generates highest turnover

Fortune Shoes generates highest turnover

FE Report 2019-07-30 11:07:08

Ten most traded companies accounted for 27 per cent transactions on the Dhaka Stock Exchange (DSE) on Monday, with the Fortune Shoes making it to the top of the turnover list again. Market analysts...

Three mutual funds declare dividend

Three mutual funds declare dividend

FE Report 2019-07-30 11:04:53

The trustee committees of three mutual funds have declared dividend for the year ended on June 30, 2019. The mutual funds are NLI First Mutual Fund, Southeast Bank 1st Mutual Fund and Asian Tiger San...

Move to revamp share market

Move to revamp share market

Siddique Islam 2019-07-30 09:49:43

Twenty seven share market related entities will get nearly Tk 860 million from capital market refinancing scheme shortly, officials said. The decision was taken at a meeting of the scheme monitorin...

'5.0pc tax for up to Tk 0.5m investment in savings certificates'

'5.0pc tax for up to Tk 0.5m investment in savings certificates'

FE Online Desk 2019-07-29 17:21:37

Finance Minister AHM Mustafa Kamal has said five per cent tax at source will be applicable from July for investment of up to Tk 500,000 in all types of savings certificates. “We’ll take t...

Stocks end higher amid cautious trading

Stocks end higher amid cautious trading

FE Online Report 2019-07-29 15:44:51

Stocks finished higher on Monday as some investors were active in the market ahead of monetary policy statement. Market analysts said some institutional investors continued buying shares head of mone...