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The Financial Express

Search results for: bangladesh

Climate migration crisis  escalating in Bangladesh

Climate migration crisis escalating in Bangladesh

-- 2019-03-26 13:26:58

Climate disruption is forcing entire communities from their homes across the globe, and perhaps no population is more imperiled than the people of Bangladesh, according to a report by www.pri.org. &l...

DSE top brokers for cancellation of initial public offering quota

DSE top brokers for cancellation of initial public offering quota

FE Report 2019-03-26 12:32:29

The top brokers of DSE and merchant bankers have demanded of the regulator to introduce T+0 share trading cycle settlement aiming to bring dynamism in trading activities that currently remained dull....

Samata Leather's share price soaring sans PSI

Samata Leather's share price soaring sans PSI

FE Report 2019-03-26 10:43:04

Share price of Samata Leather Complex, a "Z" category company, is soaring having no price sensitive information (PSI). Despite the bearish market trend, the company's share price soared 30 per cent o...

BIFFL to go public to raise Tk 10 billion

BIFFL to go public to raise Tk 10 billion

Ismail Hossain 2019-03-26 10:26:59

Bangladesh Infrastructure Finance Fund Limited (BIFFL) has planned to mobilise capital amounting to Tk 26 billion through issuing bond and floating IPO in the capital market in short and long terms....

Double-digit growth in four years: Kamal

Double-digit growth in four years: Kamal

FE Report 2019-03-26 09:54:07

Finance Minister A H M Mustafa Kamal foresees a double-digit gross domestic product (GDP) growth for the country in the next four years. "In four years we will reach the auspicious stage," the minist...

‘Honest loan defaulters to get special scheme to pay off debt'

‘Honest loan defaulters to get special scheme to pay off debt'

-- 2019-03-25 18:30:07

Finance Minister AHM Mustafa Kamal has said the government has unveiled a new proposition to allow ‘honest loan defaulters’ to pay off their debts. "Those who are unable to pay, but can g...

Stocks rebound from three-month low

Stocks rebound from three-month low

FE Online Report 2019-03-25 15:35:54

Stocks rebounded on Monday after the benchmark indexe fell to three-month lows on Sunday as some optimistic investors showed their buying appetite on sector-wise stocks. Analysts said the market back...

DSEX gets 22 points in early trading; stocks rise

DSEX gets 22 points in early trading; stocks rise

FE Online Report 2019-03-25 11:34:12

The prices of most of the shares on bourses witnessed upward trend in early trading on Monday as investors are showing their buying appetite on sector-wise shares. Following the previous three days&r...

New Line Clothings to allocate 30m IPO shares

New Line Clothings to allocate 30m IPO shares

FE Report 2019-03-25 11:01:56

The New Line Clothings will allocate 30 million ordinary shares among the successful applicants as the company's initial public offering (IPO) lottery draw was held on Sunday. The lottery draw was he...

Top ten-traded cos grab 35pc of DSE transaction

Top ten-traded cos grab 35pc of DSE transaction

FE Report 2019-03-25 10:50:05

Brac Bank dominated the Dhaka Stock Exchange (DSE) turnover chart on Sunday while most ten-traded companies captured 35 per cent transactions. Market analysts said investors were mostly on selling bi...

ICAB suggests 2.0pc cut in corporate tax

ICAB suggests 2.0pc cut in corporate tax

FE Report 2019-03-25 09:29:45

The Institute of Chartered Accountants of Bangladesh (ICAB) Sunday suggested 2.0 per cent cut in the corporate tax in the budget for the next financial year (FY). Investors would be encouraged to inv...

DSE weighs resuming share-netting system

DSE weighs resuming share-netting system

Jasim Uddin Haroon 2019-03-25 09:20:04

Bourses are contemplating resuming share-netting facility after 17 years as they believe this trading system will help reverse the slumping turnover. Netting is used in share trading, where an invest...

DSEX tumbles to three-month low

DSEX tumbles to three-month low

FE Online Report 2019-03-24 16:32:20

The prime index of the Dhaka Stock Exchange (DSE) tumbled to three months low level on Sunday as worried investors continued their selling binge on financial stocks. DSEX, the prime index of the DSE,...

BD budget may cross Tk 5.0 trillion next fiscal

BD budget may cross Tk 5.0 trillion next fiscal

FE Online Desk 2019-03-24 13:42:16

Bangladesh budget will likely cross the Tk 5.0 trillion-plus mark in fiscal year 2019-20, up by over 11 per cent from that of the last fiscal. The budget totalling Tk 5.24 trillion and 9.5 billion is...

FBCCI will be the bellwether for business reforms

FBCCI will be the bellwether for business reforms

FE Report 2019-03-24 11:28:43

Sheikh Fazle Fahim, the Panel Leader from 'Shommilito Bebshai Porishod', in the upcoming elections of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has vowed to make the country's...

Bank Asia recommends 10pc dividend

Bank Asia recommends 10pc dividend

FE Online Report 2019-03-23 18:55:50

The Board of Directors of Bank Asia Ltd has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018, said an official disclosure on Saturday. The final a...

GSP Finance to issue Tk 2.0b bond

GSP Finance to issue Tk 2.0b bond

FE Online Report 2019-03-23 18:48:01

The board of directors of GSP Finance Company (Bangladesh) Limited has decided to issue coupon bearing bond worth Tk 2.0 billion, said an official disclosure on Saturday. The company will issue the b...

Brac Bank recommends 15pc stock dividend

Brac Bank recommends 15pc stock dividend

FE Online Report 2019-03-23 18:35:29

The board of directors of Brac Bank Ltd has recommended 15 per cent stock dividend for the year ended on December 31, 2018, said an official disclosure on Saturday. The final approval of dividend wil...

Weekly review: Stocks wilt amid subdued trading

Weekly review: Stocks wilt amid subdued trading

Babul Barman 2019-03-23 10:30:01

Stocks ended lower last week, extending its fall for the eighth straight week as worried investors kept selling mostly financial shares. Market analysts said investor sentiment remained wary amid liq...

Ten most traded cos grab one-third of DSE turnover

Ten most traded cos grab one-third of DSE turnover

FE Report 2019-03-23 10:26:45

The ten most actively traded stocks grabbed 33 per cent of the transactions on the prime bourse last week, with the British American Tobacco Bangladesh Company (BATBC) remaining on the top of the char...

$4.2b ADB assistance likely during 2020-22

$4.2b ADB assistance likely during 2020-22

FHM Humayan Kabir 2019-03-23 10:07:09

The Asian Development Bank (ADB) is expected to make available financial assistance with US$ 4.20 billion over a period of next three years for developing Bangladesh's infrastructure and alleviating p...

Climate change to eat up 3.0pc of GDP by 2030

Climate change to eat up 3.0pc of GDP by 2030

Jasim Uddin Haroon 2019-03-23 09:10:57

The country's fast-growing economy may be disrupted in the medium to long run, due mainly to a rising sea, researchers warn. Bangladesh is one of the most exposed and vulnerable countries to climate-...

Singer tops DSE turnover chart

Singer tops DSE turnover chart

FE Report 2019-03-22 10:32:33

Ten most traded companies accounted for 32 per cent of the transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Singer Bangladesh making its way to the top of the turnover chart. Market a...

Islamic Finance declares 14.50pc div

Islamic Finance declares 14.50pc div

FE Report 2019-03-22 10:29:58

The board of directors of Islamic Finance & Investment Ltd. has recommended 10 per cent cash and 4.5 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividen...

Reserve heist: Dhaka to go ahead with out-of-court settlement

Reserve heist: Dhaka to go ahead with out-of-court settlement

Syful Islam 2019-03-22 09:07:59

Bangladesh will press ahead with its plan to settle the reserve heist issue through discussion with the Philippines, although both sides got into a legal battle, a senior official said on Wednesday....

DSEX slumps below 5,600-mark

DSEX slumps below 5,600-mark

FE Online Report 2019-03-21 15:34:41

The prime index of the Dhaka Stock Exchange (DSE) dipped below 5,600-mark after nearly three months as worried investors continued their selling binge. DSEX, the prime index of the DSE, went down by...

Islamic Finance recommends 14.50pc div

Islamic Finance recommends 14.50pc div

FE Online Report 2019-03-21 12:16:09

The board of directors of Islamic Finance and Investment Limited has recommended 10 per cent cash and 4.50 per cent stock dividend for the year ended on December 31, 2018. The final approval of divid...

Stocks fall at opening; DSEX slips record low

Stocks fall at opening; DSEX slips record low

FE Online Report 2019-03-21 11:53:14

The prime index of the main bourse fell below 5,600-mark in early trading on Thursday as most of the investors are selling shares amid low confidence to the market. Following the previous day’s...

Top ten-traded cos snare 37pc turnover

Top ten-traded cos snare 37pc turnover

FE Report 2019-03-21 10:26:55

Top most ten-traded firms grabbed 37 per cent transaction of the prime bourse while BATBC dominated the chart for the second straight session Wednesday. Market analysts said investors were active on...

Shurwid enters IT enabled service business

Shurwid enters IT enabled service business

FE Report 2019-03-21 10:24:41

The board of directors of Shurwid Industries has approved a proposal that the company will do the business of Information Technology Enabled Service (ITES). An agreement was signed with the company a...