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The Financial Express

Search results for: BAN

Govt earnings from DSE fall 19pc in Nov

Govt earnings from DSE fall 19pc in Nov

FE Report 2018-12-19 10:32:31

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 19 per cent month-on-month in November this year on the back of falling trade volumes. Market insiders said sluggish market tr...

Aramit approves 50pc cash div

Aramit approves 50pc cash div

FE Desk Report 2018-12-19 10:27:41

Aramit Limited, a unit of Aramit Group, a Chittagong-based leading industrial conglomerate of the country has approved 50 per cent final cash dividend for the year ended on 30th June, 2018, said a sta...

Meghna Life's price jumps 41pc in a month

Meghna Life's price jumps 41pc in a month

FE Report 2018-12-19 10:21:49

Top ten traded companies captured more than 24 per cent turnover of the prime bourse on Tuesday. Meghna Life Insurance Company topped the list. According to statistics available with the Dhaka Stock...

Stocks  rebound from seven-day losing streak

Stocks rebound from seven-day losing streak

FE Online Report 2018-12-18 16:09:33

Stocks backed to the positive zone on Tuesday, snapping a seven-day losing streak, as some investors showed their buying binge on lucrative price level of issues. Analysts said although the market re...

Stocks advance amid political tensions

Stocks advance amid political tensions

FE Online Report 2018-12-18 11:46:40

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Tuesday as some investors are active on sector-wise issues amid lucrative price level. Following the p...

CVO production suspended for 15 days

CVO production suspended for 15 days

FE Report 2018-12-18 10:41:45

The production of CVO Petrochemical Refinery remains stopped for 15 days due to scheduled maintenance and machinery up-gradation work. The company's maintenance and machinery up-gradation work will b...

BB eases farm loan policy

BB eases farm loan policy

Siddique Islam 2018-12-18 09:51:53

Bangladesh Bank (BB) issued a fresh rescheduled policy on short-term agriculture loans on Monday aiming to boost production through facilitating farmers across the country, officials said. Under the...

Turnover plunges to nine-month low

Turnover plunges to nine-month low

FE Online Report 2018-12-17 15:28:12

Stocks extended the losing streak for the seventh straight session on Monday with turnover hitting nearly nine-month low as investors reluctant to put fresh fund on stocks. Market insiders said stock...

Fire at Saiham Textile cost Tk 700 million

Fire at Saiham Textile cost Tk 700 million

FE Online Report 2018-12-17 12:49:58

Saiham Textile Mills informed that fire at warehouse at Noyapara area in Madhabpur upazila of Habiganj district losses approximately Tk 700 million on December 11. Fire had been broken out in the mil...

JMI Syringes share price soaring sans PSI

JMI Syringes share price soaring sans PSI

FE Online Report 2018-12-17 11:48:53

The share price of JMI Syringes & Medical Devices is soaring without having any undisclosed price sensitive information. Within a week, the company’s share price jumped more than 28 per cen...

Stocks lose ground in early trading

Stocks lose ground in early trading

FE Online Report 2018-12-17 11:22:45

The prices of most of the shares on bourses witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance ahead of elections. Following the previous week&rs...

State unaccountability can eclipse progress

State unaccountability can eclipse progress

-- 2018-12-16 14:02:18

Lack of accountability and governance in the state organs can fade Bangladesh's socio-economic progress in the coming years, experts warned on Saturday. To overcome this unpleasant reality that badly...

‘Rising costs’ of doing business cause concern

‘Rising costs’ of doing business cause concern

FE Report 2018-12-16 13:52:32

Business leaders and economists have expressed concern over the rising cost of doing business, reintroduction of higher interest rate and lack of skilled workforce to foster sustainable economic growt...

Two Qatar Visa Centre opens in Bangladesh

Two Qatar Visa Centre opens in Bangladesh

-- 2018-12-16 13:03:04

Qatar has inaugurated two visa centres in Bangladesh, one in Dhaka and the other in Sylhet, as part of the state's efforts to facilitate and streamline procedures for bringing in expatriate workforce,...

Trade war buoys apparel industry in Bangladesh, Vietnam

Trade war buoys apparel industry in Bangladesh, Vietnam

-- 2018-12-16 12:34:26

The trade spat between Washington and Beijing is providing a tailwind for garment production hubs like Bangladesh and Vietnam, as more companies move away from China to avoid US tariffs and sanctions,...

Cooch Behar wants to revive railway line to Bangladesh

Cooch Behar wants to revive railway line to Bangladesh

-- 2018-12-16 11:08:54

  A decision by the Indian central government to revive some of the old rail routes which used to connect India with Bangladesh has prompted residents of Cooch Behar to demand the restoration of...

Weekly analysis: Stocks tumble on political jitters

Weekly analysis: Stocks tumble on political jitters

FE Report 2018-12-15 10:45:12

Stocks tumbled this week as growing political tensions led the investors to sell off their stocks ahead of the national election. Thursday was the last trading day of the week which saw the DSEX, t...

MI Cement posts 33pc revenue growth

MI Cement posts 33pc revenue growth

FE Report 2018-12-15 10:42:00

MI Cement Factory Limited posted a 33 per cent rise in revenue in fiscal year (FY) 2017-18, compared to the previous fiscal, helped by production initiating and market expansion. The total revenue of...

NBFIs in tight corner

NBFIs in tight corner

Jubair Hasan 2018-12-15 10:08:56

The current effort to bring down lending and deposit rates has started putting pressure on non-banking financial institutions (NBFIs), sector insiders said. To comply with the directive, the non-bank...

ADB finds high reg, land costs key constraints

ADB finds high reg, land costs key constraints

Syful Islam 2018-12-15 09:54:40

The Asian Development Bank (ADB) has identified constraints such as weak legal enforcement in mortgage market, supply-side challenges, inadequate incentives, and rising construction cost that prevent...

Thirteen 'Z' cos under DSE scanners

Thirteen 'Z' cos under DSE scanners

-- 2018-12-14 10:30:25

Thirteen listed companies came under the scanners of the premier bourse, as they failed to 'declare' any dividend in the last five years in violation of the listing regulations. The Dhaka Stock Excha...

CPD's remarks politically motivated: Muhith

CPD's remarks politically motivated: Muhith

FE Report 2018-12-14 10:29:39

Finance Minister AMA Muhith on Thursday again trashed the remarks on plundering of Tk 225 billion from the banking sector in a decade, terming it politically motivated. "The information revealed by t...

Esquire Knit's IPO subscription opens January 06

Esquire Knit's IPO subscription opens January 06

FE Report 2018-12-14 10:27:23

The public subscription of Esquire Knit Composite will open on January 06, as the company is set to raise a capital of over Tk 562 million through IPO. The initial public offering (IPO) subscription...

WB okays $250m to create quality jobs in BD

WB okays $250m to create quality jobs in BD

-- 2018-12-13 17:09:12

The World Bank on Thursday approved a $250 million development policy operation to help the government of Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly c...

Stocks extend losing streak for sixth day

Stocks extend losing streak for sixth day

FE Online Report 2018-12-13 15:49:19

Stocks extended the losing streak for the sixth straight session on Thursday as investors continued on selling binge ahead of national elections. Market insiders said political tension kept most of t...

Stocks advance in early trading

Stocks advance in early trading

FE Online Report 2018-12-13 11:17:52

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues. Following the previous five days’...

ACI approves 118.5pc dividend

ACI approves 118.5pc dividend

FE Desk Report 2018-12-13 10:45:19

The 45th Annual General Meeting of Advanced Chemical Industries Limited was held on Wednesday at Officers Club, Baily Road in the city. Anis Ud Dowla, Chairman of the Company, presided over the meeti...

Two cos' share price soaring sans PSI

Two cos' share price soaring sans PSI

FE Report 2018-12-13 10:40:27

The share prices of two low-cap companies- Anlima Yarn Dyeing and Alltex Industries - are soaring without having any undisclosed price sensitive information. Within two trading days, share price of...

NBR against tax waiver for SIMs used in MNP service

NBR against tax waiver for SIMs used in MNP service

Doulot Akter Mala 2018-12-13 09:51:01

The revenue board has strongly opposed the government's decision to waive the tax on SIMs used in MNP service. Reduction of SIM tax for mobile number portability (MNP) service may create the scope fo...

Belated settlements of int’l payments hurt country’s image: ICCB President

Belated settlements of int’l payments hurt country’s image: ICCB President

FE Online Desk 2018-12-12 18:32:43

A number of commercial banks in Bangladesh do not make payments on time against letters of credit (L/C) despite having no discrepancy in the system. “This affects the country’s image to t...