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The Financial Express

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Weekly analysis: Stocks bouncing on bullish trend

Weekly analysis: Stocks bouncing on bullish trend

Babul Barman 2019-01-26 09:51:23

Stocks extended their winning streak for the sixth straight week that ended on Thursday, as investors increased their appetite for large-cap shares. Stocks continued its post-election rally amid spon...

BB to suggest amending three acts, regulations

BB to suggest amending three acts, regulations

Siddique Islam 2019-01-26 09:37:13

The Bangladesh Bank (BB) has decided to submit a set of recommendations to the Ministry of Finance (MoF) for amending three relevant laws and regulations to help reduce the volume of classified loans...

Growth rate 'insufficient' to absorb workforce

Growth rate 'insufficient' to absorb workforce

Mehdi Musharraf Bhuiyan 2019-01-26 09:26:28

Bangladesh's economy needs to grow at a rate of 8.0 per cent or more in the coming years to absorb the country's growing labour force, a recent government report has suggested. At the same time, attr...

BEPZA to offer plots at Mirsarai EZ from this year

BEPZA to offer plots at Mirsarai EZ from this year

-- 2019-01-25 18:51:15

The Bangladesh Export Processing Zones Authority (BEPZA) is planning to hand over industrial plots to the investors in Mirsarai Economic Zone (EZ) after few months BEPZA General Manager Nazma Binte A...

Accord’s exit plan next week

Accord’s exit plan next week

Monira Munni 2019-01-25 12:27:34

A government-formed committee will sit next week to finalise the Accord's transition plan so that it can hand over its responsibilities to the authorities concerned, officials said. The committee, he...

Japan eager to sign FTA with Bangladesh

Japan eager to sign FTA with Bangladesh

FE Report 2019-01-25 12:19:25

Japan has shown interest to sign free trade agreement (FTA) with Bangladesh, officials said on Thursday. Japanese Ambassador to Bangladesh Hiroyasu Izumi expressed his interest when he met Finance Mi...

Conduct household survey to expand tax net

Conduct household survey to expand tax net

FE Report 2019-01-25 11:06:31

Former finance minister AMA Muhith suggested that the revenue board recruit university students for conducting door-to-door survey aimed at expanding tax net. He said the university students will col...

Banking sector grabs 21pc of DSE turnover

Banking sector grabs 21pc of DSE turnover

FE Report 2019-01-25 10:39:24

The banking sector grabbed 21 per cent of turnover on the Dhaka Stock Exchange (DSE) on Thursday, with four banks featuring in the top turnover chart. The four banks -- Premier Bank, IFIC Bank, Dhaka...

Two insurance cos' share prices jump sans PSI

Two insurance cos' share prices jump sans PSI

FE Report 2019-01-25 10:37:34

Two insurance companies saw their share prices rise 'unusually' high without any price sensitive information (PSI). The share prices of the two companies-Bangladesh General Insurance Company (BGIC)...

Tk 280b deficit in H1 revenue collection

Tk 280b deficit in H1 revenue collection

FE Report 2019-01-25 10:06:27

Tax revenue collection faced a Tk 280 billion shortfall in the first half (H1) of the current fiscal year (FY), posting a slower growth of 6.36 per cent, in the corresponding period. The National Boa...

Job creation is H2 MPS’ top priority

Job creation is H2 MPS’ top priority

Siddique Islam 2019-01-25 10:00:11

The central bank is set to unveil its second half-yearly (H2) monetary policy on Wednesday at 11:30 am, giving top priority to job creation through boosting credit flow to the productive sectors. Ban...

Int’l Customs Day Jan 26

Int’l Customs Day Jan 26

-- 2019-01-24 20:37:02

Bangladesh Customs is going to celebrate the International Customs Day 2019 on January 26. The day will be observed along with a total of 183 member countries of the World Customs Organisation (WCO)....

BB to unveil monetary policy January 30

BB to unveil monetary policy January 30

-- 2019-01-24 18:28:53

Bangladesh Bank (BB) will announce its monetary policy for the second half of the current 2018-19 fiscal year at the end of the month. Central bank Governor Fazle Kabir will unveil the monetary polic...

DSE, CSE advance on buying spree

DSE, CSE advance on buying spree

FE Online Report 2019-01-24 11:47:37

The prices of most of the shares on bourse witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise issues. After crossing the 5900-mark in the previous da...

Tk 9.0b disbursed under capital market refinancing scheme

Tk 9.0b disbursed under capital market refinancing scheme

Mohammad Mufazzal 2019-01-24 10:30:33

The disbursement of Tk 9.0 billion has finally been completed under the capital market refinancing scheme initiated after 2010-11 stock market debacle to reduce sufferings of 'affected' investors. In...

Banking sector snares 28pc turnover of DSE

Banking sector snares 28pc turnover of DSE

FE Report 2019-01-24 10:23:17

The banking sector grabbed 28 per cent turnover of the Dhaka Stock Exchange (DSE) on Wednesday. Five banks featured in the top turnover chart after long time. Five banks -- Premier Bank, IFIC Bank,...

Move to bring foreign workers under tax net

Move to bring foreign workers under tax net

-- 2019-01-23 20:53:21

The National Board of Revenue (NBR) is going to form a taskforce to identify the foreign nationals working in Bangladesh to bring them under the tax net. There will be representatives of Bangladesh I...

Foreign minister to take measures to expedite BBIN initiative

Foreign minister to take measures to expedite BBIN initiative

-- 2019-01-23 17:47:38

Foreign Minister AK Abdul Momen has said he will take measures to expedite Bangladesh-Bhutan-India-Nepal (BBIN) initiative for greater socioeconomic development in the South Asia region. “I&rsq...

DSEX hits record high riding on banks

DSEX hits record high riding on banks

FE Online Report 2019-01-23 15:46:59

The prime index of the major bourse exceeded the 5,900-mark after 11 months as enthusiastic investors showed their buying spree, particularly on bank issues. Market analysts said stocks maintained it...

Stocks post sharp gain in early trading

Stocks post sharp gain in early trading

FE Online Report 2019-01-23 11:34:13

The prices of most of the shares on bourse witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues. Following the previous day’s marginal gain...

Companies, individuals face music

Companies, individuals face music

FE Report 2019-01-23 11:02:28

The securities regulator has imposed an aggregate amount of penalty worth Tk 51 million on some companies and individuals for their 'active' involvement behind the 'unusual' price hike of two compan...

Premier Bank leads DSE turnover chart

Premier Bank leads DSE turnover chart

FE Report 2019-01-23 10:43:20

Top ten traded companies captured 27 per cent turnover of the Dhaka bourse on Tuesday while Premier Bank topped the chart after long time. Three banks -- Premier Bank, Dhaka Bank and IFIC Bank featur...

Inflation drops slightly in Dec

Inflation drops slightly in Dec

-- 2019-01-22 21:20:49

The point-to-point rate has dropped slightly in December to 5.35 per cent from 5.37 per cent in the previous month owing to the drop in food and non-food inflations. "The general point-to-point infla...

ECNEC approves eight projects worth Tk 18.93b

ECNEC approves eight projects worth Tk 18.93b

-- 2019-01-22 15:15:00

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved eight projects involving an estimated cost of over Tk 18.93 billion. The approval came from the first ECNEC meetin...

30 brokers win CSE awards

30 brokers win CSE awards

FE Online Desk 2019-01-22 13:51:14

An award giving ceremony, arranged by CSE at its Dhaka, Chittagong & Sylhet offices took place simultaneously through skype recently to recognise the top 30 terminals of the declared “Order...

Pearl Paper plans to raise Tk 400m from stock mkt

Pearl Paper plans to raise Tk 400m from stock mkt

FE Report 2019-01-22 10:29:45

Pearl Paper and Board Mills, a unit of BGD-Magura Group, has planned to raise Tk 400 million from the capital market using the fixed price method, officials said. The company has decided to float 40...

BD FDI flow up despite global decline in 2018

BD FDI flow up despite global decline in 2018

Asjadul Kibria   2019-01-22 09:14:32

The flow of foreign direct investment (FDI) into the country recorded substantial rise in 2018 with China becoming the top contributor. The development came in contrast to the decline in global inflo...

DSE, CSE retreat on selling pressure

DSE, CSE retreat on selling pressure

FE Online Report 2019-01-21 15:26:33

Stocks slipped back into the red on Monday, after a single-day break, as investors opted for profit-motivated sell-offs. Analysts said the market faced late hours’ selling pressure as investors...

DSEX crosses 5900-mark in early trading

DSEX crosses 5900-mark in early trading

FE Online Report 2019-01-21 11:28:33

The prime index of the country’s main bourse crossed the 5900-mark in early hour of trading on Monday as investors are showing their buying appetite on sector-wise issues. Following the previou...

Prices of two ins cos go wild

Prices of two ins cos go wild

FE Report 2019-01-21 10:42:50

Share prices of Sonar Bangla Insurance and United Insurance are soaring 'unusually' though there was no undisclosed price sensitive information for such hike of shares. The share prices of the compan...