Loading...
The Financial Express

Search results for: bangladesh

'Money laundering, NPL interlinked'

'Money laundering, NPL interlinked'

FE Report 2019-03-21 09:46:04

Experts at a workshop have identified several factors responsible for the rise of trade-based money laundering in the country. The factors include under-qualified bankers, lack of effective communica...

Stocks back to the red amid sluggish turnover

Stocks back to the red amid sluggish turnover

FE Online Report 2019-03-20 15:58:45

The benchmark index of the Dhaka Stock Exchange (DSE) plummeted to nearly three months low on Wednesday as risk-averse investors went on selling binge on sector-specific issues. DSEX, the prime index...

BSEC to bring changes to book-building rules

BSEC to bring changes to book-building rules

FE Report 2019-03-20 10:35:14

The securities regulator has decided to bring some changes to book-building method to make it more transparent and ensure 'fair' price of IPO (initial public offering) shares. The Bangladesh Securiti...

Top ten-traded cos grab 35pc transactions

Top ten-traded cos grab 35pc transactions

FE Report 2019-03-20 10:33:18

British American Tobacco Bangladesh Company (BATBC) dominated the prime bourse turnover chart Tuesday while top ten-traded companies captured 35 per cent transactions. Market analysts said investors...

Govt revises down ADP to Tk 1.65tn

Govt revises down ADP to Tk 1.65tn

FE Report 2019-03-20 10:28:14

The government revised the Annual Development Programme (ADP) on Tuesday, trimming the fund allocation by 4.62 per cent to Tk 1.65 trillion. In the revised ADP, the transport sector has got top pri...

Budget to focus on education, infrastructure, urbanisation

Budget to focus on education, infrastructure, urbanisation

FE Report 2019-03-20 09:24:36

Education, infrastructure development and planned urbanisation of villages will receive priority of the government in the budget for the next fiscal year (FY), 2019-20, Finance Minister A H M Mustafa...

Stocks rebound, turnover remains low

Stocks rebound, turnover remains low

FE Online Report 2019-03-19 15:51:59

Stocks rebounded on Tuesday, after sharp decline in the previous day, as some investors went on late hours’ buying spree on sector-specific shares. Market analysts said despite the market rebou...

GDP growth to hit 8.13pc in current fiscal year: Finance Minister

GDP growth to hit 8.13pc in current fiscal year: Finance Minister

-- 2019-03-19 15:50:54

Finance Minister AHM Mustafa Kamal on Tuesday hoped that the country’s GDP growth will reach 8.13 per cent in the ongoing fiscal year (2018-19). "The GDP growth rate will hit 8.13 per cent at t...

National Housing Finance recommends 20pc div

National Housing Finance recommends 20pc div

FE Online Report 2019-03-19 11:30:09

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

DSEX dips below 5,600-mark at opening

DSEX dips below 5,600-mark at opening

FE Online Report 2019-03-19 11:28:09

The prime index of the main bourse—DSEX—fell below 5,600-mark in early trading on Tuesday as most of the investors are selling shares amid low confidence to the market. Following the prev...

Top ten-traded cos grab 41pc turnover

Top ten-traded cos grab 41pc turnover

FE Report 2019-03-19 10:39:47

Brac Bank dominated the Dhaka Stock Exchange (DSE) turnover chart on Monday while top ten-traded companies grabbed 41 per cent transactions. Market operators said investors showed their buying appeti...

6FYP misses export, import targets

6FYP misses export, import targets

FE Report 2019-03-19 09:18:29

Bangladesh needs to boost its allocation in education and health sector, otherwise the country may face disparity in these areas in the near future, experts warned at a meeting on Monday. At the same...

Stocks plunges as bank shares slump

Stocks plunges as bank shares slump

FE Online Report 2019-03-18 15:50:09

Stocks witnessed sharp fall on Monday as risk-averse investors went on selling spree, particularly on bank shares. Market analysts said small investors were not confident enough to inject fresh fund...

Pubali Bank to issue Tk 7.50b subordinated bond

Pubali Bank to issue Tk 7.50b subordinated bond

FE Online Report 2019-03-18 11:31:36

The board of directors of Pubali Bank Limited has decided to issue 7 years subordinated bond-II for Tk 7.50 billion, said an official disclosure on Monday. The Board of Directors has decided to issue...

Shares descent in early trading

Shares descent in early trading

FE Online Report 2019-03-18 11:25:29

The prices of most of the shares on both bourses witnessed downward trend in early trading on Monday as investors mostly followed cautious stance. Following the previous week’s mild correction,...

United Ins recommends 13pc div

United Ins recommends 13pc div

FE Report 2019-03-18 10:31:49

The board of directors of United Insurance has recommended 7.05 per cent cash and 5.95 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come during...

Subscription of Coppertech to open March 31

Subscription of Coppertech to open March 31

FE Report 2019-03-18 10:29:56

The initial public offering (IPO) subscription of Coppertech Industries is set to begin on March 31, aiming to raise Tk 200 million from the capital market. The public subscription of Silco Pharmaceu...

Olympic Industries posts 14pc revenue growth

Olympic Industries posts 14pc revenue growth

Babul Barman 2019-03-17 10:24:22

Olympic Industries, the country's largest biscuits manufacturer, has posted a 14.51 per cent growth in revenue year-on-year in Fiscal Year (FY) 2017-18 to Tk 12.93 billion. Amid growing demand for it...

No more 'unfavourable' foreign aid

No more 'unfavourable' foreign aid

FE Report 2019-03-17 09:49:01

State minister for foreign affairs M Shahriar Alam said Bangladesh prefers trade partnership to overseas assistance as the country has decided to scale down its aid dependence. "We want to reduce our...

BB 'needs to be bold' in handling banking sector volatility

BB 'needs to be bold' in handling banking sector volatility

FE Report 2019-03-17 09:32:31

The central bank authorities need to be more bold and should not kowtow to any external pressure to tackle the current banking sector volatility in the country, former Bangladesh Bank (BB) Governor Dr...

BD-China trade to hit $18b mark in two years

BD-China trade to hit $18b mark in two years

FE Online Report 2019-03-16 19:25:34

Bilateral trade between Bangladesh and China, which accounted to $12.40 billion in 2017-18, is expected to hit $18 billion mark by 2021, according to economists. President of Dhaka Chamber of Commer...

Weekly analysis: Stocks extend losses

Weekly analysis: Stocks extend losses

Babul Barman 2019-03-16 10:28:48

Stocks witnessed yet another bearish week that ended on Thursday amid dull trading as investors continued their selling binge on sector specific shares. Market analysts said investors were mostly on...

Top ten cos account for one-fourth turnover

Top ten cos account for one-fourth turnover

FE Report 2019-03-16 10:25:03

British American Tobacco Bangladesh Company (BATBC) dominated the prime bourse's turnover chart last week while top ten-traded companies captured 34 per cent transactions. The BATBC also dominated...

Banks' consumer lending growth defies BB order

Banks' consumer lending growth defies BB order

Jasim Uddin Haroon 2019-03-16 10:16:15

Leading commercial banks provide consumer finance that surpasses the growth rate of banks' total lending violating the central bank instruction, according to an investigation. In 2017, the Bangladesh...

Go for FTA deals with Europe, China

Go for FTA deals with Europe, China

Mehdi Musharraf Bhuiyan 2019-03-16 10:12:19

Bangladesh should move to ink free trade agreements with its major partners including China to cope with the possible loss of trade preferences in the post-LDC era, says a new UN report. The power-ba...

BD seeks greater int’l support to achieve SDGs

BD seeks greater int’l support to achieve SDGs

-- 2019-03-15 14:32:03

Bangladesh has sought greater support from the international community to help it achieve Sustainable Development Goals (SDGs), including those related to women and girls. "We reiterate our commitmen...

Making city hazard map is a challenge: JICA official

Making city hazard map is a challenge: JICA official

FE Report 2019-03-15 11:12:03

The challenge for future development of Dhaka city will be risk communication, a JICA official told a workshop on Thursday. Risk communication refers to the exchange of information between the gov...

New Line Clothings IPO lottery

New Line Clothings IPO lottery

FE Report 2019-03-15 10:31:57

The New Line Clothings will hold its IPO lottery draw on March 24 to allocate 30 million ordinary shares among successful applicants. The lottery draw will be held at the Institution of Engineers,...

Ten cos grab 40pc transaction

Ten cos grab 40pc transaction

FE Report 2019-03-15 10:29:41

The ten most traded companies accounted for 40 per cent of the transactions on the prime bourse on Thursday, with the British American Tobacco Bangladesh Company (BATBC) leading the turnover chart. M...

‘Blue economy’ key to achieving double digit growth: Minister

‘Blue economy’ key to achieving double digit growth: Minister

-- 2019-03-14 20:29:22

State Minister for Shipping Khalid Mahmud Chowdhury said that by establishing a “blue economy” the country would achieve double digit growth by 2025. “The government is working on u...