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The Financial Express

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Bourses inch up amid low trading

Bourses inch up amid low trading

FE Online Report 2019-09-17 12:19:10

Stocks witnessed upward trend in early hour of trading on Tuesday as optimistic investors showed their appetite on sector-wise shares. Following the previous day’s modest gain, the Dhaka Stock...

Govt to import 1.4m mts petroleum for H2

Govt to import 1.4m mts petroleum for H2

-- 2019-09-17 11:02:09

The government will import 1.4 million metric tonnes of refined petroleum for a six-month period (July-Dec) of the current year from seven state-owned companies of six countries through negotiations....

Credit flow to new SMEs dries up

Credit flow to new SMEs dries up

Siddique Islam 2019-09-17 10:52:34

Credit flowing to new small entrepreneurs fell significantly in the first-half of the year as risk-averse bankers were unwilling to offer such loans. The total lending to the fresh small and medium...

Three cos' price fly sans PSI

Three cos' price fly sans PSI

FE Report 2019-09-17 10:28:59

The share prices of three low-cap companies - National Tubes, Khulna Printing & Packaging and Gemeni Sea Food- are soaring without having any price sensitive information. Within one week, share p...

Ten cos grab 36pc turnover of DSE

Ten cos grab 36pc turnover of DSE

FE Report 2019-09-17 10:27:27

Ten most-traded companies captured nearly 36 per cent transactions on the prime bourse on Monday. Monno Jute Stafflers generated the highest turnover. The Monno Jute's share price also soared 50 per...

Finance minister assures good governance in capital market

Finance minister assures good governance in capital market

-- 2019-09-16 19:26:15

Finance Minister AHM Mustafa Kamal has assured that the government will ensure good governance in the capital market. “Bangladesh Securities and Exchange Commission (BSEC) is looking into whate...

Stocks edge higher amid cautious trading

Stocks edge higher amid cautious trading

FE Online Report 2019-09-16 15:55:43

Stocks edged up marginally on Monday amid cautious trading as some institutional investors came forward to support the market. Meanwhile, Finance Minister AHM Mustafa Kamal held a meeting with the ca...

Stocks open higher amid thin trading

Stocks open higher amid thin trading

FE Online Report 2019-09-16 11:52:21

Stocks witnessed upward trend in early hour of trading on Monday as some optimistic investors showed their appetite on sector-wise shares. Following the previous day’s modest gain, the Dhaka St...

Two banks to issue Tk 21b bonds

Two banks to issue Tk 21b bonds

FE Report 2019-09-16 11:43:25

Islami Bank Bangladesh and Mutual Trust Bank have decided to issue bonds worth of total Tk 21 billion subject to approval of the regulatory authorities, according to official disclosures on Sunday. M...

Kamal sits with stock market stakeholders today

Kamal sits with stock market stakeholders today

FE Report 2019-09-16 11:42:13

Finance Minister AHM Mustafa Kamal sits with stakeholders today (Monday) to exchange views on the 'development' of the capital market. Top officials from Bank and Financial Institutions Division, Ban...

'Competition law to boost GDP'

'Competition law to boost GDP'

FE Report 2019-09-16 10:04:01

Chairperson of the country's Competition Commission Abdur Rouf said on Sunday the practice of competition will help raise gross domestic product (GDP) by 2.0-3.0 per cent a year. In theory, the compe...

'Non-listed insurance companies must enter capital market by December'

'Non-listed insurance companies must enter capital market by December'

-- 2019-09-15 21:32:26

Finance Minister AHM Mustafa Kamal has said the non-listed insurance companies will have to enter the capital market by December this year to further strengthen the bourses and the economy. The minis...

DSE turnover hits nearly two-month low

DSE turnover hits nearly two-month low

FE Online Report 2019-09-15 17:30:43

Stocks finished almost flat on Sunday, with turnover hitting nearly two-month low, as investors were mostly followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange, went up by 8.3...

Stocks witness downturn with low turnover

Stocks witness downturn with low turnover

FE Online Report 2019-09-15 12:56:15

Stocks witnessed a downward trend in early hour of trading on Sunday as risk-averse investors contented their selling binge on sector-wise shares. Following the previous week’s downturn, the Dh...

BD to attract $10b investment from UAE

BD to attract $10b investment from UAE

FE Online Desk 2019-09-15 12:29:05

A number of UAE business groups are set to invest $10 billion (Dh36.7 billion) into Bangladesh, according to data compiled by Bangladesh Economic Forum, which takes place at Conrad Dubai Hotel today (...

Ring Shine Textiles to hold IPO lottery draw October 1

Ring Shine Textiles to hold IPO lottery draw October 1

FE Report 2019-09-15 11:54:52

Ring Shine Textiles is set to hold initial public offering (IPO) lottery draw on October 01 to allocate 150 million ordinary shares among the successful applicants, officials said. The lottery draw...

Marico BD sees 23pc profit growth in 2019

Marico BD sees 23pc profit growth in 2019

Babul Barman 2019-09-15 11:47:46

Marico Bangladesh, a fast-moving consumer goods multinational company, witnessed a steady growth in revenue earnings and dividend payout, among others, in last five years through 'quality products"....

RJSC moves to strike off inactive companies

RJSC moves to strike off inactive companies

Ismail Hossain 2019-09-15 10:22:31

The Registrar of Joint Stock Companies and Firms (RJSC) has moved to strike off inactive companies and firms registered with RJSC. According to RJSC office, around 10,000 companies and firms have not...

UAE business groups to invest $10.0b in Bangladesh

UAE business groups to invest $10.0b in Bangladesh

-- 2019-09-14 20:38:52

A number of UAE business groups are set to invest $10 billion in Bangladesh, according to the Bangladesh Economic Forum, which will take place at Conrad Dubai Hotel in Dubai on Sunday. More than 300...

Weekly analysis: Stocks keep tumbling

Weekly analysis: Stocks keep tumbling

Babul Barman 2019-09-14 11:56:01

Stocks witnessed yet another bearish week, extending the losing streak for the third straight week, as worried investors continued their selling binge to ward off further losses. The benchmark index...

National Tubes lights up weekly turnover chart

National Tubes lights up weekly turnover chart

FE Report 2019-09-14 11:53:54

Ten most traded companies accounted for nearly 31 per cent of transactions on the prime bourse in the outgoing week, with the National Tubes generating the highest turnover. The state-run company als...

AIIB considering four more infrastructure projects in Bangladesh

AIIB considering four more infrastructure projects in Bangladesh

BSS 2019-09-13 18:49:34

The Asian Infrastructure Investment Bank (AIIB) is considering financing four more projects for contributing further to the country’s infrastructure development, a top AIIB official said. The p...

$5.0b ADB funding to bankroll major dev projects

$5.0b ADB funding to bankroll major dev projects

-- 2019-09-13 17:19:34

The Asian Development Bank or ADB is set to disburse around $5.0 billion to finance several major development projects in Bangladesh between 2020 and 2022, reports bdnews24.com.  The financial i...

FM seeks investment from Germany, France in SEZs

FM seeks investment from Germany, France in SEZs

-- 2019-09-13 12:11:26

Foreign Minister Dr AK Abdul Momen has invited German and French companies to invest more in Bangladesh, particularly in the country’s Special Economic Zones (SEZs) and High-tech Parks. They ar...

BD wants central role for South in int'l economic decision-making

BD wants central role for South in int'l economic decision-making

-- 2019-09-13 12:02:45

Permanent Representative (PR) of Bangladesh to the UN Ambassador Masud Bin Momen has stressed the importance of the role of Southern countries in the decision-making process of international economy....

BSEC probe finds 10 involved in share price manipulation

BSEC probe finds 10 involved in share price manipulation

FE Report 2019-09-13 10:48:38

The securities regulator has found 10 investors involved in manipulation of share prices of 12 listed companies, which made the market volatile in recent times. The Bangladesh Securities and Exchange...

JMI Syringes generates highest turnover

JMI Syringes generates highest turnover

FE Report 2019-09-13 10:46:36

Ten most traded companies captured 34 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with JMI Syringes & Medical Devices bagging the top spot of the turnover chart. Market a...

Freelancers’ remittance receipt ceiling doubled

Freelancers’ remittance receipt ceiling doubled

FE Report 2019-09-13 10:28:13

The central bank has doubled the limit of small service exporters for receiving remittances through online gateway operators. These small-value exporters are now allowed to receive overseas payments...

IDRA forms compliance committee

IDRA forms compliance committee

FE Report 2019-09-13 10:26:02

The Insurance Development and Regulatory Authority (IDRA) has formed a surveillance committee to monitor the compliance of paying 15 per cent agent commission by the insurers, according to a press sta...

Choppy capital market riles finance minister

Choppy capital market riles finance minister

FE Report 2019-09-13 10:12:51

Finance minister AHM Mustafa Kamal expressed his dissatisfaction on Thursday over the conditions of the capital market, which saw seesaw trading in recent weeks. "Our capital market, as if, is not al...