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The Financial Express

Search results for: BAN

ADB provides additional $170m for capital market reform

ADB provides additional $170m for capital market reform

-- 2020-02-15 16:26:43

The Asian Development Bank (ADB) has approved a second tranche loan of $170 million to conclude the Third Capital Market Development programme in Bangladesh. ADB approved the programme tota...

Weekly review: Stocks nudge higher on BB moves

Weekly review: Stocks nudge higher on BB moves

Babul Barman 2020-02-15 11:39:46

Stocks rebounded strongly in the outgoing week as investors put fresh stakes in shares thanks to the central bank's bailout package to boost the ailing capital market. Week-on-week, DSEX, the prime i...

LafargeHolcim tops turnover for fourth week

LafargeHolcim tops turnover for fourth week

FE Report 2020-02-15 11:34:49

Ten most traded firms accounted for 24 per cent transactions on the Dhaka Stock Exchange last week with LafargeHolcim continuing to dominate the chart for fourth straight weeks. Market operators sa...

CSE arranges event on trading of govt securities

CSE arranges event on trading of govt securities

FE Desk Report 2020-02-15 11:31:51

Chittagong Stock Exchange (CSE) Limited arranged an in-house training programme on Thursday at its conference hall on "Trading of Government Securities in the Secondary Platform of the Exchange" for e...

Service charge on export consignments likely

Service charge on export consignments likely

Rezaul Karim 2020-02-15 10:56:17

The government is contemplating imposing service charge on export consignment under the European Union's (EU) Registered Exporter System (REX) aiming to retain the GSP facility there, officials said...

Padma Bridge to create huge job opportunities: Finance minister

Padma Bridge to create huge job opportunities: Finance minister

BSS 2020-02-14 19:15:46

Finance Minister AHM Mustafa Kamal has said huge employment opportunities will be created after the beginning of vehicular movement on the Padma Bridge. “Those who are growing up now and studyi...

DSE to hold mock trading of treasury bonds soon

DSE to hold mock trading of treasury bonds soon

Mohammad Mufazzal 2020-02-14 11:19:20

The country's premier bourse will hold a mock trading session for listed treasury bonds soon in a move to activate the long-awaited trading of such government debt securities through bourses. The Dha...

Khulna Power lights up DSE turnover chart

Khulna Power lights up DSE turnover chart

FE Report 2020-02-14 11:17:27

Ten most-traded companies accounted for 24 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Khulna Power Company Ltd. generating the highest turnover. Market analysts said...

FDI flow far lower than pledged in three years

FDI flow far lower than pledged in three years

FE REPORT 2020-02-14 10:45:18

Investment in Bangladesh by overseas firms was far below their initial pledges in the past three consecutive years through 2018. Such a picture was painted in a written speech by AKM Mozammel Haque,...

Interest rate cap: Private banks' apathy could slow execution, says Fitch

Interest rate cap: Private banks' apathy could slow execution, says Fitch

FE REPORT 2020-02-14 10:07:32

Global ratings agency Fitch warns the execution of an interest rate cap will pose "severe" downside risks to Bangladesh's financial stability. "We believe an eventual implementation of a blanket inte...

Finance Minister denies observation of declining revenue collection

Finance Minister denies observation of declining revenue collection

-- 2020-02-13 20:48:05

Finance Minister said revenue collection has not dropped in the current fiscal year compared to that of the previous fiscal, amid economists’ observation that revenue collection is declining and...

Stocks witness upturn amid rising turnover

Stocks witness upturn amid rising turnover

FE Online Report 2020-02-13 11:50:18

Stocks witnessed upward trend in early hours of trading on Thursday as investors continued their buying interest on major sectors’ shares after the central bank’s liquidity support measure...

SDG agenda progress may come up for review in April

SDG agenda progress may come up for review in April

Rezaul Karim 2020-02-13 11:38:36

The government is set to review the progress in attainment of sustainable development goals (SDGs) this April, officials said. The progress in the development agenda implementation is likely to come...

SK Trims' production capacity to increase 30pc

SK Trims' production capacity to increase 30pc

FE Report 2020-02-13 10:39:55

SK Trims & Industries has constructed first '5.5 storied' building through IPO fund with a view to enhance its production capacity. The company's board of directors confirmed the completion of...

Shepherd generates highest turnover

Shepherd generates highest turnover

FE Report 2020-02-13 10:37:54

Ten most traded firms accounted for more than 26 per cent transactions on the Dhaka Stock Exchange on Wednesday. Shepherd Industries topped the chart. Market operators said investors showed appetite...

Surplus funds in banks hit Tk 1.0tn, again

Surplus funds in banks hit Tk 1.0tn, again

Siddique Islam 2020-02-13 10:03:08

Banks' excess liquidity has crossed the Tk 1.0 trillion-mark again, fuelled by lower private credit growth in a sign that the investment situation has cooled. Surplus cash surged by nearly 19 per cen...

Coronavirus to affect tourism, aviation sectors

Coronavirus to affect tourism, aviation sectors

-- 2020-02-12 20:49:30

Coronavirus outbreak in China, which has spread to two dozen countries, will negatively affect Bangladesh’s tourism and aviation sectors, a senior government official said Wednesday. “The...

DSE daily turnover hits 11-month high

DSE daily turnover hits 11-month high

FE Online Report 2020-02-12 16:50:09

Stocks kept gaining on Wednesday, with turnover hitting 11-month high, as enthusiastic investors put fresh stakes on stocks riding on central bank’s supportive measures. DSEX, the prime index o...

BSEC allows Delta Hospital to explore cut-off price for IPO

BSEC allows Delta Hospital to explore cut-off price for IPO

FE Report 2020-02-12 11:06:12

The securities regulator has allowed Delta Hospital Ltd to determine its cut-off price through eligible investors' bidding - a requirement for going public under the book building method. The approva...

Investors cheer BB moves

Investors cheer BB moves

FE Report 2020-02-12 11:04:20

Stocks rebounded strongly on Tuesday, snapping a five-day losing streak, as investors gained confidence thanks to the central bank's latest market supportive measures. The market started on a flyin...

India’s persistent anti-dumping duty: Dhaka may turn to WTO for redressal

India’s persistent anti-dumping duty: Dhaka may turn to WTO for redressal

SYFUL ISLAM 2020-02-12 10:09:39

As India declined to lift the anti-dumping duty on Bangladeshi goods, the commerce ministry high-ups have asked one of its wings to start dispute settlement procedure in the World Trade Organisation (...

Green Delta Insurance declares 20pc dividend

Green Delta Insurance declares 20pc dividend

FE Online Report 2020-02-11 19:39:28

The board of directors of Green Delta Insurance Ltd has recommended 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019, according to an official disclosure on Tue...

Stocks rebound strongly on BB moves

Stocks rebound strongly on BB moves

FE Online Report 2020-02-11 18:39:26

Stocks rebounded strongly Tuesday, snapping a five-day losing streak as the central bank’s market-supportive moves brought a ray of hope to investors. DSEX, the prime index of the Dhaka Stock E...

ECNEC clears nine projects worth Tk 24.22 billion

ECNEC clears nine projects worth Tk 24.22 billion

-- 2020-02-11 15:36:29

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved nine projects involving Tk 24.22 billion (2422.27 crore). The approval came from the weekly ECNEC meeting held at...

EPS of two-third engineering companies down in Oct-Dec

EPS of two-third engineering companies down in Oct-Dec

FE Report 2020-02-11 11:27:28

Earnings per share (EPS) of two-third listed engineering companies plummeted in October-December, 2019 compared to that of the same period of last year. Market operators said most of the listed eng...

Core index sheds 121 points in five days

Core index sheds 121 points in five days

FE Report 2020-02-11 11:24:50

Stocks witnessed a modest fall on Monday, extending the losing streak for the fifth straight session, as nervous investors continued their sell-offs on selective issues. DSEX, the prime index of th...

ELBL approves 100pc cash dividend

ELBL approves 100pc cash dividend

FE Desk Report 2020-02-11 11:23:08

The 51st Annual General Meeting (AGM) of Eastern Lubricants Blenders Limited (ELBL) was held in Chattogram city recently, says a statement. Chairman of BPC and ELBL board Md. Shamsur Rahman, also a...

Coronavirus impact: Disruption in supply chain worries RMG exporters

Coronavirus impact: Disruption in supply chain worries RMG exporters

FHM HUMAYAN KABIR 2020-02-11 10:52:19

Bangladesh's clothing industry is likely to be seriously affected by the impact of coronavirus as the country imports almost half its raw materials requirement for the sector, exporters say. They sai...

Divestment of shares: BSEC sits with top executives of seven SoEs next week

Divestment of shares: BSEC sits with top executives of seven SoEs next week

MOHAMMAD MUFAZZAL 2020-02-11 10:46:23

The securities regulator has stepped up its efforts to facilitate the process of divesting the shares of some selected state-owned enterprises (SoEs) in a bid to revamp the country's stock market. As...

Salvaging capital market: BB allows each bank to form Tk 2b fund

Salvaging capital market: BB allows each bank to form Tk 2b fund

SIDDIQUE ISLAM 2020-02-11 10:08:42

The central bank has allowed all scheduled banks to create a special fund worth Tk 2.0 billion each of five-year tenure, only for investment in the capital market, officials said. Under the fresh arr...