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The Financial Express

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NBR turns down plea for tax cut

NBR turns down plea for tax cut

Syful Islam 2019-05-01 15:48:17

The National Board of Revenue (NBR) has turned down a fresh plea for exempting Japanese companies from tax and value-added tax (VAT), sources said. The firms cannot be tax-exempt if engaged in the of...

PM warns of stern action for playing game with share market

PM warns of stern action for playing game with share market

-- 2019-05-01 14:51:50

Prime Minister Sheikh Hasina told the parliament Tuesday punitive action would be taken if anyone tries to play game with the share market as turnover on the Dhaka Stock Exchange continued to fall ove...

Interest rate spread remains high despite BB close monitoring

Interest rate spread remains high despite BB close monitoring

Siddique Islam 2019-05-01 10:09:15

Interest rate spread in the country's banking sector remained unchanged in March as the commercial banks increased their interest rates equally on both deposit and lending, officials said.  The...

IFIC Bank recommends 10pc stock dividend

IFIC Bank recommends 10pc stock dividend

FE Online Report 2019-04-30 21:32:44

The board of directors of IFIC Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general meeting...

No new IPO proposal until amendment of public issue rules

No new IPO proposal until amendment of public issue rules

-- 2019-04-30 20:08:20

Bangladesh Securities and Exchange Commission (BSEC) will not accept any new initial public offering (IPO) proposal until it amends public issue rules. The stock market regulator took the decision at...

Old Dhaka chemical warehouses to be relocated at Shyampur temporarily 

Old Dhaka chemical warehouses to be relocated at Shyampur temporarily 

-- 2019-04-30 17:54:00

The government is set to take up a project to construct 54 chemical warehouses at Kadamtoli in Shyampur for temporarily relocating chemical depots from Old Dhaka. The approval for the project came up...

Standard Insurance recommends 10pc dividend

Standard Insurance recommends 10pc dividend

FE Online Report 2019-04-30 15:53:58

The board of directors of Standard Insurance Company Ltd has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the an...

City General Ins recommends 5.0pc dividend

City General Ins recommends 5.0pc dividend

FE Online Report 2019-04-30 15:52:16

The board of directors of City General Insurance Company Limited has recommended 5.0 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come durin...

Stocks rebound on BSEC move

Stocks rebound on BSEC move

FE Online Report 2019-04-30 15:49:43

Stocks rebounded on positive terrain on Tuesday, snapping a two-day sharp fall, ridding on stock market regulator’s positive steps. Market analysts said some investors showed buying appetite af...

Mutual Trust Bank recommends 11pc div

Mutual Trust Bank recommends 11pc div

FE Online Report 2019-04-30 14:43:10

The board of directors of Mutual Trust Bank (MTB) Limited has recommended 11 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the a...

BRAC Bank approves 15pc stock dividend

BRAC Bank approves 15pc stock dividend

FE Online Desk 2019-04-30 14:03:27

The board of directors of BRAC Bank Limited has approved 15 per cent stock dividend for the year 2018. The final approval of the dividend came during the 20th Annual General Meeting (AGM) of the bank...

'Get land pricing right to make SEZs viable'

'Get land pricing right to make SEZs viable'

FE Report 2019-04-30 09:55:34

Experts at a discussion have suggested the revision of land prices, development of human resources and inclusion of small and medium enterprises in special economic zones (SEZs) to get the desired out...

Finance minister forecasts 8.13pc GDP growth in current fiscal

Finance minister forecasts 8.13pc GDP growth in current fiscal

-- 2019-04-29 21:29:55

Finance Minister AHM Mustafa Kamal has said Bangladesh would achieve record 8.13 per cent gross domestic product (GDP) growth in the current fiscal year. The minister also expressed satisfaction over...

Coppertech to hold IPO lottery draw Tuesday

Coppertech to hold IPO lottery draw Tuesday

FE Online Report 2019-04-29 20:06:23

Coppertech Industries will hold initial public offering (IPO) lottery draw on Tuesday to allocate 20 million ordinary shares among the successful applicants, officials said. The lottery draw will be...

Non-food inflation rose in Q2 of FY19

Non-food inflation rose in Q2 of FY19

-- 2019-04-29 19:21:05

Finance Minister AHM Mustafa Kamal on Monday admitted that non-food inflation in the second quarter of the current fiscal (FY19) has increased. He made the statement while placing the report on budge...

DSEX tumbles to 28 months low

DSEX tumbles to 28 months low

FE Online Report 2019-04-29 15:30:07

The prime index of the major bourse tumbled to nearly 28 months low on Monday amid lack of investors’ confidence to the ongoing bearish capital market. DSEX, the prime index of the Dhaka Stock...

Retail investors staging token hunger strike

Retail investors staging token hunger strike

FE Online Report 2019-04-29 12:47:25

A group of aggrieved retail investors are staging a token hunger strike in front of the Dhaka Stock Exchange (DSE) building on Monday in protest against inaction of the authorities concerned on the ma...

Republic Ins recommends 10pc dividend

Republic Ins recommends 10pc dividend

FE Online Report 2019-04-29 11:56:17

The board of directors of Republic Insurance Company Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during th...

Eastern Insurance recommends 20pc div

Eastern Insurance recommends 20pc div

FE Online Report 2019-04-29 11:53:42

The board of directors of Eastern Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the...

Federal Ins recommends 5.0pc dividend

Federal Ins recommends 5.0pc dividend

FE Online Report 2019-04-29 11:50:58

The board of directors of Federal Insurance Company Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during th...

Asia Insurance recommends 10pc dividend

Asia Insurance recommends 10pc dividend

FE Online Report 2019-04-29 11:46:52

The board of directors of Asia Insurance Company Ltd has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual...

Asia Pacific Insurance recommends 10pc cash dividend

Asia Pacific Insurance recommends 10pc cash dividend

FE Online Report 2019-04-29 11:43:18

The board of directors of Asia Pacific General Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will com...

Stocks open on bearish trend

Stocks open on bearish trend

FE Online Report 2019-04-29 11:33:35

The prices of most of the shares on bourses witnessed downward trend in early trading on Monday as worried investors continued their selling binge. Following the previous day’s decline, the Dha...

Many listed banks' EPS see moderate rise in 2018

Many listed banks' EPS see moderate rise in 2018

Mohammad Mufazzal 2019-04-29 10:33:17

Most of the listed banks, which so far disclosed financial statements, have witnessed moderate rise in earnings per share (EPS) in 2018 compared to previous year. The officials said the banks which k...

Experts warn against fallouts from regional inequality

Experts warn against fallouts from regional inequality

FE Report 2019-04-29 09:51:01

Rising inequality could lead to economic destabilisation, which can snowball into social unrest, experts at a discussion warned Sunday. They feared a vested group could take the opportunity for advan...

Vibrant capital, bond markets seen as most potential answers to businesses

Vibrant capital, bond markets seen as most potential answers to businesses

FE Report 2019-04-29 09:31:45

Experts at an international conference have suggested developing vibrant capital and bond markets to create long-term financing options for businesses. Businesses in Bangladesh now totally depend on...

Govt paid Tk 819.45b against foreign loans in 10 fiscal years

Govt paid Tk 819.45b against foreign loans in 10 fiscal years

-- 2019-04-28 20:59:57

Finance Minister AHM Mustafa Kamal has said the government paid some Tk 819.45 billion against foreign loans in the last 10 fiscal years. "A total of US$ 10,705.3 million equivalent to Tk 819.45 bill...

Uttara Bank recommends 22pc dividend

Uttara Bank recommends 22pc dividend

FE Online Report 2019-04-28 17:48:48

The board of directors of Uttara Bank Ltd has recommended 20 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during...

BD can prosper quickly with more, better jobs for women

BD can prosper quickly with more, better jobs for women

FE Online Desk 2019-04-28 17:25:56

Bangladesh can become more prosperous more quickly if more women get work with higher-quality and higher-paid jobs, says a new World Bank report. The report, Voices to Choices: Bangladesh’s Jo...

DSEX dips to fresh four-month low amid low confidence

DSEX dips to fresh four-month low amid low confidence

FE Online Report 2019-04-28 16:23:23

Stocks slipped back into the red on Sunday amid lack of investors’ confidence to the ongoing bearish market. Market analysts said the anxious investors continued their selling binge amid dearth...