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The Financial Express

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Stocks open on flying note riding on banks

Stocks open on flying note riding on banks

FE Online Report 2020-03-18 11:45:02

Stocks witnessed steep rise at the opening session in the morning riding on the news that the banks have started to invest in the share market from today (Wednesday). The banks agreed to invest in th...

MNCs face onslaught of COVID-19 pandemic

MNCs face onslaught of COVID-19 pandemic

FE Report 2020-03-18 11:36:24

Share prices of listed multinational companies (MNCs) declined more than 15 per cent in last three sessions as the country's capital markets suffered sharp losses amid panic-driven selling pressure....

Nine cos to hold AGMs by Mar 31

Nine cos to hold AGMs by Mar 31

FE Report 2020-03-18 11:34:56

Nine more listed companies, including four insurers, will hold annual general meetings (AGMs) by March 31, 2020, according to Dhaka Stock Exchange. Recommended dividends and audited financial stateme...

Subscription of Express Insurance opens April 13

Subscription of Express Insurance opens April 13

FE Report 2020-03-18 11:30:29

The public subscription of Express Insurance is set to begin on April 13 for raising a fund worth Tk 260.79 million from the public. The initial public offering (IPO) subscription for shares by the e...

NEC set to finalise Tk 1.93t RADP

NEC set to finalise Tk 1.93t RADP

FHM Humayan Kabir 2020-03-18 10:51:45

The government is going to revise the Annual Development Programme (ADP), trimming down the allocations by Tk 102 billion to Tk 1.93 trillion, officials said on Tuesday. Cutting the highest amount fr...

IPO subscription of Express Insurance opens April 13

IPO subscription of Express Insurance opens April 13

FE Online Report 2020-03-17 18:31:36

The public subscription of Express Insurance is set to begin on April 13 for raising a fund worth Tk 260.79 million from the public. The initial public offering (IPO) subscription for shares by the e...

'BERC working to fix tariff of LPG'

'BERC working to fix tariff of LPG'

-- 2020-03-16 20:54:48

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that Bangladesh Energy Regulatory Commission (BERC) is working to fix the tariff of liquid petroleum gas (LPG). The state...

DSEX hits 6.5 yrs low as panic grips

DSEX hits 6.5 yrs low as panic grips

FE Online Report 2020-03-16 16:52:38

Stocks kept tumbling for three straight sessions amid growing tension over the impacts of coronavirus outbreak as three more cases of COVID-19 confirmed in Bangladesh. Market analysts said the massiv...

CSE puts thrust on launching new products

CSE puts thrust on launching new products

FE Online Desk 2020-03-16 12:54:20

Chittagong Stock Exchange (CSE) Sunday said the market needs more products including exchange traded funds (ETF) to increase depth.  The newly-constituted CSE Board  made the suggestion w...

Stocks see downturn in early trading

Stocks see downturn in early trading

FE Online Report 2020-03-16 11:40:01

Stocks witnessed a downward trend in the early trading on Monday amid growing tension over the impacts of coronavirus outbreak. Within 15 minutes of trading, DSEX, the key index of DSE, rose more tha...

Combating virus: ERD seeks project proposals to get fund from WB

Combating virus: ERD seeks project proposals to get fund from WB

SYFUL ISLAM 2020-03-16 10:38:54

The Economic Relations Division (ERD) has requested the health ministry to immediately send project proposals to get fund launched by the World Bank to prevent coronavirus (COVID-19). On March 03, th...

Revival of ailing capital mkt: Merchant bankers for fast creation of special funds

Revival of ailing capital mkt: Merchant bankers for fast creation of special funds

SIDDIQUE ISLAM 2020-03-16 09:49:29

Top merchant bankers have urged the central bank to take effective measures to implement its policy regarding the creation of special funds for revival of the ailing capital market. At a meeting with...

DSEX sinks below 4,000-mark after five years

DSEX sinks below 4,000-mark after five years

FE Online Report 2020-03-15 17:29:09

With fears of coronavirus dominating market sentiment, stocks tumbled further on Sunday amid incessant selling by investors to escape further losses. Within 15 minutes, DSEX slumped more than 200 poi...

BMBA holds 15th AGM

BMBA holds 15th AGM

FE Online Desk 2020-03-15 13:00:32

The 15th Annual General Meeting (AGM) of Bangladesh Merchant Bankers Association (BMBA) was held on Saturday at The Westin Dhaka, Gulshan in the city. The meeting was presided over by Md. Sayad...

DSEX dips below 4,000-mark at open

DSEX dips below 4,000-mark at open

FE Online Report 2020-03-15 11:04:51

Stocks tumbled at opening on Sunday amid growing tension over the impacts of coronavirus outbreak as more two cases of COVID-19 confirmed in Bangladesh. Within 15 minutes of trading, DSEX, the key in...

Company profile: Steady earnings growth of DBH

Company profile: Steady earnings growth of DBH

Babul Barman 2020-03-15 10:45:18

Delta Brac Housing Finance Corporation (DBH) has reported profit after tax of Tk 1,077 million in 2019, rising 2.78 per cent over the previous year. With Tk 44.30 billion housing loan portfolio, DBH...

Budget deficit swells in five months

Budget deficit swells in five months

JASIM UDDIN HAROON 2020-03-15 10:21:02

The country's budget deficit reached Tk 359 billion in the first five months to November, a 37 per cent jump over the same period last fiscal, the ministry of finance data show. During the period, to...

NBR to enroll 0.15m new VAT payers in Mujib Year

NBR to enroll 0.15m new VAT payers in Mujib Year

-- 2020-03-14 20:00:58

National Board of Revenue (NBR) has set a target to register 0.15 million new VAT payers to raise the tally to 0.3 million in Mujib Year, reports BSS. To this end, NBR already directed its 12 VAT Com...

Agreement on SASEC Dhaka-Northwest Corridor Road Sunday

Agreement on SASEC Dhaka-Northwest Corridor Road Sunday

FE Online Desk 2020-03-14 13:15:32

An agreement signing ceremony for the Second SASEC Dhaka-Northwest Corridor Road Project (Tranche 2) will be held on Sunday in Dhaka.  Ms. Fatima Yasmin, Secretary, Economic Relations Division (...

Weekly Review: Coronavirus scare wreaks havoc on stocks

Weekly Review: Coronavirus scare wreaks havoc on stocks

Babul Barman 2020-03-14 11:52:55

Stocks kept tumbling for three straight weeks amid growing tension over the impacts of coronavirus outbreak across the world. Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Square Pharma generates highest weekly turnover

Square Pharma generates highest weekly turnover

FE Report 2020-03-14 11:49:44

Square Pharmaceuticals dominated the Dhaka bourse's transaction chart in the outgoing week while ten most-traded stocks accounted for one-fifth transactions. Market analysts said investors showed the...

Pharma sector dominates DSE turnover chart

Pharma sector dominates DSE turnover chart

FE Report 2020-03-13 11:37:46

The pharmaceuticals & chemicals sector dominated the top 10 turnover chart of the Dhaka Stock Exchange (DSE) on Thursday. Of the 10 top turnover leaders, six were from the pharmaceuticals & c...

BB upbeat on robust growth

BB upbeat on robust growth

FE REPORT 2020-03-13 10:24:15

Bangladesh Bank expects the economic growth to be buoyant during the current fiscal year, which will be in line with the budget target of 8.20 per cent. While the central bank is hopeful about keepin...

Yet one more player in non-bank FI sector

Yet one more player in non-bank FI sector

SIDDIQUE ISLAM 2020-03-13 10:08:49

Bangladesh Bank gave its final approval to one more non-banking financial institution on Thursday in a decision that raised eyebrows among analysts. The central bank asked Strategic Finance and Inves...

Access to finance, graft remain key barriers: IFC

Access to finance, graft remain key barriers: IFC

FE REPORT 2020-03-12 10:23:38

Access to finance, corruption and political instability are three major barriers the private sector faces in Bangladesh, according to a study. The private sector arm of the World Bank on Wednesday pu...

Import orders drop by 12pc in January

Import orders drop by 12pc in January

Siddique Islam 2020-03-12 10:14:01

Bangladesh's import orders dropped by more than 12 per cent or nearly US$663 million in January last due to supply chain disruption caused by the coronavirus outbreak in China. Opening of letters of...

Postal savings interest returns to previous rates by March 17

Postal savings interest returns to previous rates by March 17

FE ONLINE REPORT 2020-03-11 21:32:52

The interest of post office savings schemes will return to its previous rates by March 17. Finance Minister AHM Mustafa Kamal gave the information after inaugurating automation of postal savings sche...

Economy shows mix trend: ICCB

Economy shows mix trend: ICCB

FE Online Report 2020-03-11 14:52:35

The performance of Bangladesh economy in 2019 with reference to global, macro and micro levels presents a mixed picture. Globally, the country did not suffer any major setback during the year, but som...

CGIA, BICM ink MoU

CGIA, BICM ink MoU

FE Online Desk 2020-03-11 14:47:58

US-based CGIA Institute, a globally recognized body of finance and investment professionals which provides the Chartered Global Investment Analysts (CGIA) designation on Monday signed a Memorandum of...

DSE-IFC team up for gender equality for 5th consecutive yr

DSE-IFC team up for gender equality for 5th consecutive yr

FE Online Desk 2020-03-11 13:41:40

For the fifth consecutive year, IFC, a member of the World Bank Group, has partnered with the Dhaka Stock Exchange (DSE) as part of the global Ring the Bell for Gender Equality initiative to celebrate...