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The Financial Express

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Runner Auto to set up three-wheeler plat

Runner Auto to set up three-wheeler plat

FE Online Report 2019-10-29 11:59:07

The board of directors of Runner Automobiles Ltd has approved the proposal of setting up a three-wheeler progressive manufacturing plant at the current factory location Bhaluka upazila in Mymensingh....

Aman Feed recommends 12.0pc dividend

Aman Feed recommends 12.0pc dividend

FE Online Report 2019-10-29 11:54:11

The board of directors of Aman Feed Limited has recommended 12.50 per cent cash dividend for general shareholders (excluding sponsors & directors) for the year ended on June 30, 2019, said an of...

Bourses witness volatility at opening

Bourses witness volatility at opening

FE Online Report 2019-10-29 11:34:54

Stocks witnessed volatile trading in early hour on Tuesday as investors are mostly followed cautious stance amid ongoing depressed market outlook. Following the previous day’s sharp decline,...

Shasha Denims recommends 10pc div

Shasha Denims recommends 10pc div

FE Online Report 2019-10-29 11:14:07

The board of directors of Shasha Denims Limited has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The fi...

DSE forms body to review IPOs

DSE forms body to review IPOs

FE REPORT 2019-10-29 11:10:21

The premier bourse has formed a high-profile committee to review the IPO (initial public offering) proposals in a bid to ensure quality of the listings on the country's stock exchanges. The board of...

Eight more companies declare 'no' dividend

Eight more companies declare 'no' dividend

FE Report 2019-10-29 10:51:09

The boards of directors of eight more listed companies have declared "no" dividend for the year ended on June 30, 2019, according to official disclosures published on Monday. The companies are Genera...

Govt focuses more on bank borrowing to meet budget deficit

Govt focuses more on bank borrowing to meet budget deficit

SIDDIQUE ISLAM 2019-10-29 09:38:42

The government borrowed nearly Tk 280 billion from the country's banking system in more than 100 days of the current fiscal year (FY) to meet the budget deficit, partially. A falling trend in sales o...

Income tax fair to begin November 14

Income tax fair to begin November 14

BSS 2019-10-28 16:36:06

Like the previous years, weeklong Income Tax Fair will begin across the country from November 14 aiming to extend tax-related services and raise awareness on paying tax. National Board of Revenue (NB...

ADB lauds Bangladesh for self-sufficiency in rice output

ADB lauds Bangladesh for self-sufficiency in rice output

A.Z.M. ANAS from Manila 2019-10-28 16:30:03

The Asian Development Bank (ADB) has lauded Bangladesh for achieving self-sufficiency in rice output, but voiced worry over falling income of farming community. “This progress was largely drive...

DSEX dips below 4,700-mark after three-year

DSEX dips below 4,700-mark after three-year

FE Online Report 2019-10-28 15:45:39

Stocks witnessed yet another setback on Monday, with the Dhaka bourse’s prime index tumbling below 4,700-mark after three years, as investors dumped their holdings to prevent further losses. DS...

13 more cos recommend dividend

13 more cos recommend dividend

FE Online Report 2019-10-28 13:52:07

The boards of directors of 13 more listed companies have recommended dividend ranging between 1.0 per cent and 20 per cent for the year ended on June 30, 2019. Besides, six other companies – Ge...

Shahjibazar Power recommends 30pc dividend

Shahjibazar Power recommends 30pc dividend

FE Online Report 2019-10-28 13:01:10

The board of directors of Shahjibazar Power Company Limired has recommended 28 per cent cash and 2.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monda...

Monno Ceramic recommends 20pc dividend

Monno Ceramic recommends 20pc dividend

FE Online Report 2019-10-28 12:59:23

The board of directors of Monno Ceramic Industries has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The fina...

ICB recommends 10pc stock dividend

ICB recommends 10pc stock dividend

FE Online Report 2019-10-28 11:51:04

The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 10 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final a...

Southeast Bank to issue Tk 5.0b bond

Southeast Bank to issue Tk 5.0b bond

FE Online Report 2019-10-28 11:48:08

The board of directors of Southeast Bank Limited has decided to issue non convertible subordinated bond worth Tk 5.0 billion to increase Tier-II Capital of the bank. The tenure of the bond is seven y...

IFC supports BB to promote domestic green bond mkt

IFC supports BB to promote domestic green bond mkt

FE Desk Report 2019-10-28 10:40:06

International Finance Corporation (IFC), a member of the World Bank Group, in partnership with Bangladesh Bank, identified steps to promote the domestic green bond market in Bangladesh as a way to mob...

Lafarge Q3 growth sees 116pc rise in pre-tax profit

Lafarge Q3 growth sees 116pc rise in pre-tax profit

-- 2019-10-28 10:37:30

LafargeHolcim Bangladesh Limited (LHBL) continued its profit growth due to the on-going drive in operational efficiency and cost optimisation, said a statement. Though the 3rd Quarter (July-Sept, 201...

23 more cos recommend dividend up to 40pc

23 more cos recommend dividend up to 40pc

FE Report 2019-10-28 10:34:57

The boards of directors of 23 more listed companies have recommended dividend ranging between 2.0 per cent and 40 per cent for the year ended on June 30, 2019. Three other companies - Jute Spinners,...

FTA with US to benefit BD

FTA with US to benefit BD

SYFUL ISLAM 2019-10-28 09:55:05

Bangladesh looks to sign a free trade area (FTA) deal with the United States as it failed to get restored the generalised system of preferences (GSP) facility. The Bangladesh Tariff Commission (BTC)...

Agriculture no more dominating country's population

Agriculture no more dominating country's population

FE Online Report 2019-10-27 16:58:34

Agriculture is no more dominating the country as farmer families comprise only 47 per cent of its total households, a new government census says. The information was revealed from the report of Agric...

Stocks slip into red on Sunday after two-day gain

Stocks slip into red on Sunday after two-day gain

FE Online Report 2019-10-27 16:21:02

The daily trade turnover on the Dhaka bourse came down to Tk 2.56 billion on Sunday, hitting five and a half months low, as most of the investors were reluctant to make fresh investment in stocks. Tu...

19 more cos recommend dividend up to 35pc

19 more cos recommend dividend up to 35pc

FE Online Report 2019-10-27 14:25:27

The boards of directors of 19 more listed companies have recommended dividend ranging between 2.0 per cent and 35 per cent for the year ended on June 30, 2019, according to separate official disclos...

Kohinoor Chemicals recommends 40pc dividend

Kohinoor Chemicals recommends 40pc dividend

FE Online Report 2019-10-27 13:26:08

The board of directors of Kohinoor Chemicals Ltd has recommended 20 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final...

Shepherd Industries recommends 10pc stock dividend

Shepherd Industries recommends 10pc stock dividend

FE Online Report 2019-10-27 12:27:54

The board of directors of Shepherd Industries Ltd has recommended 10 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final approval of dividend...

Confidence Cement recommends 30pc dividend

Confidence Cement recommends 30pc dividend

FE Online Report 2019-10-27 11:55:19

The board of directors of Confidence Cement Ltd has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final a...

Bourses positive in early trading

Bourses positive in early trading

FE Online Report 2019-10-27 11:27:14

Stocks witnessed a positive trend in early trading on Sunday as some investors were showing their appetite on sector-wise shares. Following the previous day’s gain, the Dhaka Stock Exchange (DS...

FSIBL growth embarks on tech, diversification

FSIBL growth embarks on tech, diversification

Siddique Islam 2019-10-27 10:38:42

First Security Islami Bank Limited (FSIBL) is committed to meet need-based customers demand through introducing new product and services, the bank's top executive said. The Shariah-based Islami bank...

Taka bond ready to raise $10m from London market

Taka bond ready to raise $10m from London market

FHM HUMAYAN KABIR 2019-10-27 10:03:13

Bangladesh is going to float a taka-denominated bond for the first time on the London Stock Exchange next month to raise funds for the local private sector, officials said on Saturday. The Internatio...

Incentive on remittance unprecedented example, finance minister says

Incentive on remittance unprecedented example, finance minister says

-- 2019-10-26 18:35:12

Describing the government's move to provide 2.0 per cent incentive on sending remittance through legal channel as unprecedented example, Finance Minister AHM Mustafa Kamal has said such facility does...

DSE to form expert panel to check IPO prospectuses

DSE to form expert panel to check IPO prospectuses

FE Report 2019-10-26 11:56:50

The securities regulator has advised the country's premier bourse to form an expert panel to scrutinize the upcoming initial public offerings (IPO) prospectus properly. The Bangladesh Securities and...