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The Financial Express

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Govt sets higher revenue collection target for FY20

Govt sets higher revenue collection target for FY20

-- 2019-05-10 20:31:03

The government has set revenue collection target at Tk 3.97 trillion for 2019-20 fiscal year to reduce dependency on foreign aid and grants. According to UNB, the new revenue target is about Tk 1.0 t...

Kamal upbeat on economy

Kamal upbeat on economy

-- 2019-05-10 10:07:34

Finance minister AHM Mustafa Kamal said Thursday Bangladesh will be listed among 20 financially influential countries in the next five years. He said by 2024, Bangladesh will be among the 20 countr...

DSE to scrutinise financial statement of Coppertech

DSE to scrutinise financial statement of Coppertech

FE Report 2019-05-10 10:03:26

The Dhaka Stock Exchange (DSE) has decided to scrutinise the financial statement of Coppertech Industries, now awaiting listing on the country's bourses. The decision came at a board meeting of the p...

Ten cos account for 30pc turnover on DSE

Ten cos account for 30pc turnover on DSE

FE Report 2019-05-10 10:00:55

The ten most-traded companies accounted for nearly 30 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Fortune Shoes dominating the chart for the fourth straight day. Mark...

Economy faces 'growth conundrum'

Economy faces 'growth conundrum'

FE Report 2019-05-10 09:12:02

The GDP growth rate and its corresponding data sources in Bangladesh remain largely inconsistent causing a "growth conundrum(Puzzle)," according to a research firm. The Dhaka-based South Asian Networ...

Merchandise exports witness 11.61pc growth

Merchandise exports witness 11.61pc growth

FE Online Report 2019-05-09 19:10:42

The country's merchandise exports during the July-April of current fiscal (FY19) marked 11.61 per cent growth, according to official data released on Thursday.   As per data by Export Prom...

Bangladesh receives record FDI in 2018

Bangladesh receives record FDI in 2018

-- 2019-05-09 18:03:10

Bangladesh has received a record amount of foreign direct investment (FDI) in 2018 with China being the leading investor in the country. The United States, which is traditionally the top investor, wa...

Stocks finish flat on Thursday

Stocks finish flat on Thursday

FE Online Report 2019-05-09 17:41:31

Stocks finished almost flat on Thursday after volatile trading as investors booked profits with cautious positioning. Analysts said the market finished flat as a section of investors continued binge...

Premier Bank to issue Tk 5.0b bond

Premier Bank to issue Tk 5.0b bond

FE Online Report 2019-05-09 12:00:45

The board of directors of Premier Bank Limited has decided to issue additional non-convertible subordinated bond of Tk 5.0 billion, said an official disclosure on Thursday. The bank will issue the bo...

Stocks inch up on BSEC move

Stocks inch up on BSEC move

FE Online Report 2019-05-09 11:29:16

The prices of most of the shares on bourses saw positive trend in early trading on Thursday as investors followed cautious despite securities regulator’s moves. According to the BSEC move, the...

Sea Pearl IPO lottery draw May 23

Sea Pearl IPO lottery draw May 23

FE Report 2019-05-09 10:42:36

Initial Public Offering (IPO) lottery draw of Sea Pearl Beach Resort & Spa Ltd will be held on May 23 to allocate 15 million ordinary shares among the successful applicants, officials said. The l...

Fortune Shoes leads turnover chart for third day

Fortune Shoes leads turnover chart for third day

FE Report 2019-05-09 10:41:14

Ten most-traded companies captured nearly 38 per cent transaction of the Dhaka Stock Exchange (DSE) Wednesday while Fortune Shoes topped the chart for third straight day. Market insiders said investo...

BSEC retains lock-in provision

BSEC retains lock-in provision

FE Report 2019-05-09 10:38:24

The lock-in period applicable to non-general shareholders will remain in place from the date of debut trading instead of issuing IPO prospectus. Lock-in is a predetermined amount of time after an ini...

Fresh guideline soon on loan rescheduling

Fresh guideline soon on loan rescheduling

FE Report 2019-05-09 10:33:32

Finance Minister A H M Mustafa Kamal said the central bank will issue a revised guideline soon on default loan rescheduling. "What we've pledged so far (on rescheduling of default loans) will be st...

Stocks extend losing streak amid choppy trading

Stocks extend losing streak amid choppy trading

FE Online Report 2019-05-08 17:34:07

Stocks witnessed yet another bearish session on Wednesday, extending the losing streak for the third day, as investors continued their selling spree. Market analysts said stocks fell further as most...

Stocks fall in early trading amid selling spree

Stocks fall in early trading amid selling spree

FE Online Report 2019-05-08 11:36:12

The prices of most of the shares on both bourses witnessed a downward trend in early trading on Wednesday as risk-averse investors continued their selling spree. Following the previous two days&rsquo...

Net foreign investment in DSE dips in April

Net foreign investment in DSE dips in April

Babul Barman 2019-05-08 10:52:34

Net foreign investment in the Dhaka Stock Exchange (DSE) remained negative for the two straight months in April as overseas investors continued their selling binge. Foreign investors collected shares...

Ten cos snare 32pc turnover

Ten cos snare 32pc turnover

FE Report 2019-05-08 10:48:22

Top ten-traded firms captured nearly 32 per cent transaction of the Dhaka Stock Exchange (DSE) on Tuesday while Fortune Shoes continued to top the chart. Market analysts said investors were active on...

New-look VAT law: NBR’s gap with FBCCI widens

New-look VAT law: NBR’s gap with FBCCI widens

Doulot Akter Mala 2019-05-08 09:30:54

The apex trade body of the country has termed the Value Added Tax (VAT) and Supplementary Duty (SD) Act-2012, as it is in its present form after changes to it, still 'not prepared' and 'much-lingered'...

Plan to export 1.0m tonnes of surplus Boro rice

Plan to export 1.0m tonnes of surplus Boro rice

-- 2019-05-07 16:54:03

The government is planning to export around 1 million tonnes of surplus Boro rice after meeting the domestic demand, Agriculture Minister Abdur Razzaque said on Tuesday. The government will hold a di...

DSE, CSE rise amid dull trading

DSE, CSE rise amid dull trading

FE Online Report 2019-05-07 11:45:06

The prices of most of the shares on bourses witnessed upward trend in early trading on Tuesday as some investors are active on sector-wise issues. Trading on the bourses started at 10:00am instead of...

Fortune Shoes tops DSE turnover chart

Fortune Shoes tops DSE turnover chart

FE Report 2019-05-07 10:55:21

Top ten-traded firms captured more than 28 per cent transaction of the Dhaka Stock Exchange (DSE) on Monday while Fortune Shoes topped the chart. Market analysts said investors showed their appetite...

'BD needs benefits to manage post-LDC transition'

'BD needs benefits to manage post-LDC transition'

FE Report 2019-05-07 10:29:06

Graduating least developed countries (LDCs), including Bangladesh, need preferential benefit to manage the transition, speakers at a programme said Monday. Graduation from LDCs is special for Banglad...

Govt revenue from DSE jumps 84pc in April

Govt revenue from DSE jumps 84pc in April

FE Online Report 2019-05-06 18:17:52

Tax collection from the prime bourse jumped 84 per cent month-on-month in April riding on sponsor-directors and placement holders’ shares sale. The government collected revenue worth nearly Tk...

Stocks slip back to red amid selling binge

Stocks slip back to red amid selling binge

FE Online Report 2019-05-06 17:43:47

Stocks slipped into the red on Monday, snapping a three-day gaining streak, as investors opted for profit-motivated sell-offs. Brokers said the market faced selling pressure as investors opted for pr...

Indian shares fall after Trump tariff threat

Indian shares fall after Trump tariff threat

-- 2019-05-06 13:44:28

Indian shares fell on Monday, in line with tumbling Asian markets, after US President Donald Trump threatened to raise tariffs on $200 billion worth of Chinese goods, MSCI’s broadest index of A...

Peoples Ins recommends 6.0pc dividend

Peoples Ins recommends 6.0pc dividend

FE Online Report 2019-05-06 12:15:44

The board of directors of Peoples Insurance Company Limited has recommended 6.0 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the...

Bourses lose ground in early trading

Bourses lose ground in early trading

FE Online Report 2019-05-06 12:12:13

The prices of most of the shares on bourses witnessed downward trend in early trading on Monday as some investors are selling shares ahead of Holy Ramandan. Following the previous day’s steep r...

BSC leads turnover chart

BSC leads turnover chart

FE Report 2019-05-06 10:51:54

Top ten-traded firms captured more than 24 per cent transaction of the Dhaka Stock Exchange (DSE) on Sunday while Bangladesh Shipping Corporation (BSC) topped the chart. The Bangladesh Shipping Corpo...

ATC Unit Fund approves 12.0pc cash dividend

ATC Unit Fund approves 12.0pc cash dividend

FE Desk Report 2019-05-06 10:48:34

ATC Shariah Unit Fund, an open-end Islamic Mutual Fund, managed by Asian Tiger Capital Partners Asset Management Limited (ATCP AML), declared a 12.0 per cent cash dividend for 2018-19. On 02 May 2019...