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The Financial Express

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Stocks dip further amid dull trading

Stocks dip further amid dull trading

FE Online Report 2019-12-09 17:04:45

Stocks plunged further on Monday as worried investors continued their selling binge on major sectors issues amid growing concern over the country’s overall economic situation. The market opened...

Remittance inflow increases by 22.67pc in 5 months

Remittance inflow increases by 22.67pc in 5 months

BSS 2019-12-09 16:55:54

Expatriate Bangladeshis sent US$7,714.19 million remittances in the first five months of the current fiscal 2019-20, which is 22.67 per cent higher than the amount of corresponding period of the prece...

Stocks plunge in early trading

Stocks plunge in early trading

FE Online Report 2019-12-09 11:29:49

After hitting three years low in the previous day, stocks opened lower on Monday as worried investors continued their selling binge amid growing concern over the country’s overall economy. Mark...

BD slips 15 notches in global e-commerce index

BD slips 15 notches in global e-commerce index

Saif Uddin 2019-12-09 10:06:16

Bangladesh has ranked 103rd out of 152 countries in the global E-commerce Index 2019, prepared by the United Nations Conference on Trade and Development (UNCTAD). The country slipped by 15 notches...

'Eligible e-TIN holders must submit income tax return'

'Eligible e-TIN holders must submit income tax return'

-- 2019-12-08 20:12:11

Eligible electronic taxpayer identification number (e-TIN) holders would be forced to submit their income tax return after January 15. National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bh...

DSEX dips below 4,600-mark after three years

DSEX dips below 4,600-mark after three years

FE Online Report 2019-12-08 16:26:30

The prime index of the Dhaka Stock Exchange dipped below the 'psychological' threshold of 4,600-mark after three years on Sunday as investors dumped their holdings to prevent further losses. The DSEX...

Golden Harvest’s rights subscription begins

Golden Harvest’s rights subscription begins

FE Online Report 2019-12-08 14:46:03

The subscription period for rights shares of Golden Harvest Agro Industries Ltd started today (Sunday), aiming to raise a capital worth Tk 899.32 million. The subscription period will continue until...

Heidelberg completes acquisition of Emirates Cement, Emirates Power

Heidelberg completes acquisition of Emirates Cement, Emirates Power

FE Online Report 2019-12-08 12:10:44

Heidelberg Cement Bangladesh has successfully completed the acquisition of entire shareholding of Emirates Cement Bangladesh and Emirates Power Company from UltraTech Cement Middle East Investments Lt...

Stocks post modest gain in early trading

Stocks post modest gain in early trading

FE Online Report 2019-12-08 11:41:37

Stocks posted a modest gain in the early hour of trading on Sunday as investors mostly followed cautious stance amid concern over the country’s overall economic condition. Market analysts said...

13pc listed cos being traded below face value

13pc listed cos being traded below face value

FE Report 2019-12-08 10:32:15

Shares of around 13 per cent listed companies are being traded at the prices below their face value of Tk 10 as they have failed to perform as per investors' expectation. Of 319 companies listed with...

'Bangladesh becomes self-sufficient in fish production'

'Bangladesh becomes self-sufficient in fish production'

BSS 2019-12-07 18:42:13

Bangladesh has attained self-sufficiency in fish production as the country’s per capita fish consumption has increased to 62.58 grams per day against the demand of 60 grams. State Minister for...

Weekly review: Stocks continue to bleed on bourses

Weekly review: Stocks continue to bleed on bourses

Babul Barman 2019-12-07 10:48:10

Stocks backed into the red in outgoing week that ended on Thursday, after a single-week break, amid concern over the country's overall economy. Week-on-week, DSEX, the prime index of the Dhaka Stoc...

LafargeHolcim tops turnover for second week

LafargeHolcim tops turnover for second week

FE Report 2019-12-07 10:44:43

LafargeHolcim Bangladesh Ltd dominated the Dhaka bourse's turnover chart for the second consecutive week that ended on Thursday. Ten most traded companies accounted for one-fifth transactions on the...

Trump calls for World Bank to stop loaning to China

Trump calls for World Bank to stop loaning to China

-- 2019-12-07 10:28:32

US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections. The W...

Q1 budget deficit soars

Q1 budget deficit soars

JASIM UDDIN HAROON 2019-12-07 10:12:15

The budget deficit during the July-September period last increased by nearly 200 per cent compared with the corresponding three months in 2018, as gains in tax receipts were offset by higher spendin...

Move to revamp BD missions abroad to spur export earnings

Move to revamp BD missions abroad to spur export earnings

FE Report 2019-12-06 14:38:57

The government wants to rejuvenate its foreign missions abroad across the globe to help boost export earnings, officials have said. To this end, they said, an inter-ministerial committee will hold a...

MJL approves 45pc dividend

MJL approves 45pc dividend

FE REPORT 2019-12-06 12:15:50

The 21st annual general meeting (AGM) of MJL Bangladesh Limited was held on Thursday at the auditorium of Krishibid Institution in the city. High officials of the company and a large number of shareho...

Port city bourse revises CSE30, Shariah indices

Port city bourse revises CSE30, Shariah indices

FE Report 2019-12-06 12:13:38

The Chittagong Stock Exchange (CSE) has revised its CSE30 and CSE Shariah indices on the basis of half-yearly performance of the listed companies. Eight new companies were added to the CSE30 Index...

SK Trims generates highest turnover

SK Trims generates highest turnover

FE Report 2019-12-06 12:11:17

Ten most traded companies accounted for more than 22 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with SK Trims & Industries generating the highest turnover. Market analys...

Import taxes on seeds of spices go

Import taxes on seeds of spices go

FE REPORT 2019-12-06 10:54:20

Importers have been exempted from payment of all import taxes on different types of seeds of spices and pulses including pepper and coriander. The National Board of Revenue (NBR) has withdrawn the...

‘Businesses hampered as private banks yet to reduce lending rates’

‘Businesses hampered as private banks yet to reduce lending rates’

FE Online Report 2019-12-05 22:00:51

No private bank has reduced the lending rates to single digits as yet, despite getting privileges from the government, which is having a negative impact on businesses. Commerce Minister Tipu Munshi c...

Selling spree brings down DSE, CSE

Selling spree brings down DSE, CSE

FE Online Report 2019-12-05 15:43:34

Stocks slipped back into the red on Thursday, after a single-day break, as cautious investors went on late hours selling binge. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 3...

Export earnings fall again

Export earnings fall again

FE Online Report 2019-12-05 15:34:05

The country's export earnings continued the negative trend as merchandise shipment witnessed a 7.59 per cent fall during the last five months of current fiscal year of 2019-20.  The aggregate e...

DSE sends Familytex to ‘Z’ category

DSE sends Familytex to ‘Z’ category

FE Online Report 2019-12-05 12:36:02

Familytex Bangladesh has been placed in ‘Z’ category from existing ‘B’ category with effect from December 08 (Sunday) as the company has recommended no dividend for the year en...

Stocks inch up on buying spree

Stocks inch up on buying spree

FE Online Report 2019-12-05 12:29:28

Stocks on the bourses witnessed upward trend in early hour trading on Thursday as investors are showing their appetite on sector-wise large-cap issues. Following the previous day’s marginal gai...

Huawei launches new legal challenge against US ban

Huawei launches new legal challenge against US ban

-- 2019-12-05 11:24:35

Huawei has launched new legal action against the US over claims the Chinese telecoms giant poses a security risk. It comes after the US Federal Communications Commission (FCC) put curbs on rural mobi...

Low-cap cos dominate DSE turnover chart

Low-cap cos dominate DSE turnover chart

FE Report 2019-12-05 10:36:59

Low-cap companies dominated the Dhaka Stock Exchange (DSE) turnover chart on Wednesday while ten most traded companies accounted for 22 per cent transactions. Sonar Bangla Insurance topped the turnov...

Govt likely to cut foreign aid allotment in RADP

Govt likely to cut foreign aid allotment in RADP

FHM Humayan Kabir 2019-12-05 10:33:54

The government is likely to slash foreign aid allocation in the upcoming revised development budget, as many ministries and divisions have sought lower funds, officials said on Wednesday. The Econo...

BB relaxes rules on repaying buyer's credit by importers

BB relaxes rules on repaying buyer's credit by importers

FE Report 2019-12-05 10:30:54

The central bank has relaxed regulations on short-term buyer's and supplier's credit borrowed from overseas sources for making payments on import of industrial raw materials. Importers are now allo...

NBR revenue falls 24pc short of July-Oct target

NBR revenue falls 24pc short of July-Oct target

DOULOT AKTER MALA 2019-12-05 10:10:17

The first four months of the current fiscal year saw a tax revenue shortfall of around Tk 202.20 billion against the target. However, the volume of tax revenue collection registered a poor 4.33 per c...