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Lower pvt credit flow may slow economic growth

Lower pvt credit flow may slow economic growth

Siddique Islam 2019-05-06 09:21:17

The private-sector credit growth decelerated further in March as private banks faced liquidity pressure due mainly to lower deposits, bankers said. The growth in credit flow to the private sector cam...

Union Capital recommends 5.0pc stock dividend

Union Capital recommends 5.0pc stock dividend

FE Online Report 2019-05-05 17:08:02

The board of directors of Union Capital has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018 (subject to the approval of Bangladesh Bank and shareholders). The final ap...

Stocks soar for third straight day on BSEC moves

Stocks soar for third straight day on BSEC moves

FE Online Report 2019-05-05 16:38:27

Stocks witnessed sharp gain on Sunday as optimistic investors showed their buying spree across the board amid positive expectation. Marker analyst said that stocks maintained upward trend as the enth...

Bourses reschedule Ramadan trading time

Bourses reschedule Ramadan trading time

FE Online Report 2019-05-05 13:47:18

The Dhaka Stock Exchange (DSE) has rescheduled its trading time during the holy month of Ramadan. Share trading on DSE will take place from 10:00am to 2.00pm without any break during the Holy month o...

IPDC sees profit growth of 120pc in Q1

IPDC sees profit growth of 120pc in Q1

FE Online Desk 2019-05-05 12:14:21

IPDC Finance has conducted a session on its performance, benchmarks, key strategic initiatives and the future challenges. The session titled “Investors Meet” was conducted on Thursday in...

UCB to install 300 CRMs by year-end

UCB to install 300 CRMs by year-end

FE Report 2019-05-05 11:13:09

In a trailblazing move, United Commercial Bank (UCB), a leading first generation private commercial bank has progressed fast to replace the traditional automated teller machines (ATMs) with cash rec...

MNCs show mixed EPS trends in January-March

MNCs show mixed EPS trends in January-March

Babul Barman 2019-05-05 11:06:31

The listed multinational companies (MNCs) showed mixed performance in earnings for the January-March, 2019 compared to the same period in the previous year. Eight multinational companies, out of elev...

ADB pledges climate adaptation support

ADB pledges climate adaptation support

FHM Humayan Kabir, from Nadi, Fiji 2019-05-05 09:33:38

The 52nd Annual Meeting of the Asian Development Bank (ADB) ended here on Saturday with a pledge to accelerate the Bank's support to climate adaptation and ensure sustainable development. The board o...

VAT collection under threat from fake e-BIN holders

VAT collection under threat from fake e-BIN holders

Doulot Akter Mala 2019-05-05 09:32:23

The customs intelligence has recently identified a number of commercial entities that have procured electronic BINs (business identification numbers) posing as manufacturers to evade due duty and taxe...

Weekly analysis: DSE breaks 13-week losing streak

Weekly analysis: DSE breaks 13-week losing streak

Babul Barman 2019-05-04 11:03:07

Stocks rebounded in the outgoing week, snapping a 13-week losing streak, as the securities regulator took a series of market-supportive measures. The prime index of the Dhaka bourse wiped out 775 poi...

Ten cos grab 25pc of weekly turnover

Ten cos grab 25pc of weekly turnover

FE Report 2019-05-04 10:58:43

Ten most traded companies accounted for over 25 per cent transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Fortune Shoes coming out on top of the turnover chart. Thursday was...

Public debt on the rise

Public debt on the rise

Jasim Uddin Haroon 2019-05-04 10:56:14

The government debt went on rising in the year 2018 mainly due to an increased sale of the national savings certificates (NSCs). The debt rose to 32.5 per cent of the gross domestic product (GDP) i...

BRAC Bank approves 15pc dividend

BRAC Bank approves 15pc dividend

FE Desk Report 2019-05-04 10:55:18

The shareholders of BRAC Bank Limited approved 15 per cent stock dividend for the year 2018 at the 20th annual general meeting (AGM) of the bank recently, says a statement. The AGM was held at the BR...

ADB now accentuates quality, innovation

ADB now accentuates quality, innovation

FHM Humayan Kabir, from Nadi, Fiji 2019-05-04 10:40:46

Asian Development Bank (ADB) President Mr Takehiko Nakao said on Friday they would focus more on quality and innovation in its operations. He announced that the ADB would boost its private-sect...

NBR incentive for stock market to stay

NBR incentive for stock market to stay

FE Report 2019-05-03 13:08:13

The authorities will continue the existing tax incentives offered for the capital market in the upcoming budget for fiscal year 2019-20, said the revenue board chief on Thursday. He said the National...

Most banks offer lower dividends

Most banks offer lower dividends

Babul Barman 2019-05-03 10:47:00

All the 30 listed banks have declared dividends for 2018, but the dividend amounts recommended by most banks are lower than in the previous year, as the profit margins have declined due to huge provis...

Ten cos grab one-fourth of DSE transactions

Ten cos grab one-fourth of DSE transactions

FE Report 2019-05-03 10:45:17

The ten most traded companies captured more than 24 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the United Power leading the turnover chart. The investors showed thei...

BD needs more FDI to continue dev activities: NBR chief

BD needs more FDI to continue dev activities: NBR chief

FE Report 2019-05-03 10:11:42

National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said that Bangladesh has adopted an equitable tax policy for all and no foreign investors face discrimination here. In order to cont...

Remittance inflow rises 10pc in Jul-Apr period

Remittance inflow rises 10pc in Jul-Apr period

Siddique Islam 2019-05-03 09:57:23

The flow of inward remittances grew by 10.01 per cent in the first 10 months of this fiscal year (FY) as the exchange rate of local currency maintained a depreciating mode against the US dollar. Th...

BSEC moves cheer up stocks

BSEC moves cheer up stocks

FE Online Report 2019-05-02 15:57:39

Stocks ended higher for the two straight sessions on Thursday as investors showed their buying spree on sector-wise stocks amid positive expectation. Market analysts said the securities regulator&rsq...

Five more banks recommend dividend

Five more banks recommend dividend

FE Online Report 2019-05-02 13:13:03

The board of directors of five more banks have recommended dividend while two banks declared No dividend the year ended on December 31, 2018, according to official discourses on Thursday. Southeast B...

'ADB support for BD to continue after LDC graduation'

'ADB support for BD to continue after LDC graduation'

FHM Humayan Kabir from Nadi, Fiji 2019-05-02 13:05:36

The Asian Development Bank will extend its support to Bangladesh even after its graduation to a developing country, said its president Takehiko Nakao on Thursday. Praising Prime Minister Sheikh Hasin...

NCC Bank recommends 10pc dividend

NCC Bank recommends 10pc dividend

FE Online Report 2019-05-02 12:42:39

The board of directors of National Credit and Commerce (NCC) Bank has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the...

SIBL recommends 10pc stock dividend

SIBL recommends 10pc stock dividend

FE Online Report 2019-05-02 12:40:41

The board of directors of Social Islami Bank Ltd (SIBL) has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

ONE Bank recommends 10pc dividend

ONE Bank recommends 10pc dividend

FE Online Report 2019-05-02 12:36:53

The board of directors of ONE Bank Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general m...

Stocks start new month on positive note

Stocks start new month on positive note

FE Online Report 2019-05-02 12:34:42

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as some investors are showing their buying appetite. Following the previous day’s positive t...

Rupali Bank recommends 10pc stock dividend

Rupali Bank recommends 10pc stock dividend

FE Online Report 2019-05-02 11:45:46

The board of directors of Rupali Bank Ltd has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general me...

Nuclear energy can play instrumental role in achieving Agenda 2030: Momen

Nuclear energy can play instrumental role in achieving Agenda 2030: Momen

-- 2019-05-01 22:07:15

  Permanent Representative (PR) of Bangladesh to the UN Ambassador Masud Bin Momen has said nuclear energy can play an instrumental role in achieving the Sustainable Development Goals, reports U...

BD needs to enhance project implementation capacity: ADB

BD needs to enhance project implementation capacity: ADB

FHM Humayan Kabir from Nadi, Fiji 2019-05-01 18:51:01

The Asian Development Bank (ADB) on Wednesday said Bangladesh needs to enhance its project implementation capacity to get extended financial support from the bank. “Bangladesh is doing well in...

Coppertech to allocate 20m IPO shares

Coppertech to allocate 20m IPO shares

FE Report 2019-05-01 16:07:38

Coppertech Industries will allocate 20 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Tuesday. The lottery draw was held at 10:30am at The AGB C...