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The Financial Express

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WMSL approves 20pc stock dividend

WMSL approves 20pc stock dividend

Our Correspondent 2018-10-25 10:27:17

Western Marine Shipyard Ltd has approved 20 per cent stock dividend for the shareholders in its annual general meeting for the year 2017-18. The 18th AGM of the WMSL was held at the Shaheen Golf an...

Economists moot new poverty benchmark

Economists moot new poverty benchmark

FE Report 2018-10-25 09:27:25

Senior economist Prof Wahiduddin Mahmud has suggested the government change the poverty estimation method considering the current global and domestic socio-economic scenarios. "Our national poverty-l...

Stocks edge up amid low turnover

Stocks edge up amid low turnover

FE Online Report 2018-10-24 15:39:25

Stocks posted a marginal gain on Wednesday as some investors showed their buying appetite on sector-wise issues. Despite the market edged higher, turnover came down to Tk 3.68 billion on Dhaka Stoc...

Bourses eke out some gains at opening

Bourses eke out some gains at opening

FE Online Report 2018-10-24 11:41:53

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are showing their buying appetite on sector specific issues. Following the recent steep fall,...

ICB, DSE shareholders to invest fresh funds soon

ICB, DSE shareholders to invest fresh funds soon

FE Report 2018-10-24 11:10:23

The state-run Investment Corporation of Bangladesh (ICB) and the Dhaka Stock Exchange (DSE) shareholders are set to invest their much-talked-about fresh funds in the capital market very soon. They...

Eight more cos recommend dividend up to 48pc

Eight more cos recommend dividend up to 48pc

FE Online Report 2018-10-24 11:01:59

Eight more listed companies recommended dividend up to 48 per cent for the year ended on June 30, 2018, according to separate official disclosures on Wednesday. The companies which recommended divide...

ICB record date November 14

ICB record date November 14

FE Desk Report 2018-10-24 10:53:47

The Board of ICB has recommended 30 per cent cash dividend and 5.0 per cent stock dividend for the year ended on June 30, 2018. The recommendation came at the 547th meeting of Board of Directors of I...

BSEC exempts United Energy from the compliance

BSEC exempts United Energy from the compliance

FE Report 2018-10-24 10:50:37

The securities regulator has allowed United Energy Limited (UEL) to transfer its substantial amount of shares, held at two listed companies, in favour of another company floated under same ownership...

Bangladesh now 39th most valuable nation brand

Bangladesh now 39th most valuable nation brand

FE Online Desk 2018-10-23 19:33:05

Bangladesh has moved up by five notches this year and ranked 39th out of 100 valuable nation brands in the Nation Brands 2018 report. The report, published by London-based Brand Finance recently, say...

Move to restore navigability of 100 major rivers

Move to restore navigability of 100 major rivers

-- 2018-10-23 17:31:39

The government plans to procure some 35 dredgers involving Taka 44.89 billion to restore navigability of 100 major rivers across the country. The Executive Committee of the National Economic (ECNEC)...

S Alam Group buys sponsor portion of Padma Islami Ins shares

S Alam Group buys sponsor portion of Padma Islami Ins shares

FE Online Report 2018-10-23 13:25:13

Padma Islami Life Insurance has restructured its board following the transfer of 44.78 per cent shares by its former sponsor-directors to the sister concerns of S. Alam Group, the company officials sa...

RMG exports to Japan hits record high

RMG exports to Japan hits record high

FE Online Desk 2018-10-23 13:21:08

Bangladeshi readymade garments have hit a record growth rate in Japanese market during January-August period of the current year, Rabab Fatima, Bangladesh Ambassador to Japan, said. She said, “...

Green Delta Capital reappoints MD

Green Delta Capital reappoints MD

FE Report 2018-10-23 10:42:58

Mr. Md. Rafiqul Islam has been appointed as the Managing Director and CEO of Green Delta Capital Limited for the 2nd time which was approved by Bangladesh Securities & Exchange Commission (BSEC)...

Secondary trading of treasury bills, bonds drops in Q1

Secondary trading of treasury bills, bonds drops in Q1

FE Online Report 2018-10-22 19:45:45

Secondary trading of the government’s fixed income securities declined 11.41 per cent in the first quarter of the current fiscal year. Latest statistics, released by the central bank, showed th...

DSE gives up initial gains

DSE gives up initial gains

FE Online Report 2018-10-22 13:15:34

Dhaka bourse displayed a moderate loss on Monday after a sharp of observed on Sunday. After two hour of the session, the DSE broad index DSEX declined 0.85 per cent or 45.55 points to stand at 5285...

Mixed performance of six mutual funds

Mixed performance of six mutual funds

FE Report 2018-10-22 10:54:50

Some six closed-end mutual funds (MFs) have exhibited mixed performance for July-September, 2018 compared to same period of the previous year. During July-September, 2018 the earnings per unit (EPU...

BSECL to make smart prepaid meters

BSECL to make smart prepaid meters

FE Report 2018-10-22 10:51:26

A joint-venture smart prepayment meter-manufacturing firm-Bangladesh Smart Electrical Company Ltd (BSECL)-was established on Sunday. State-run West Zone Power Distribution Company Ltd (WZPDCL) and Ch...

Forex dealers call for cautious LC opening

Forex dealers call for cautious LC opening

Siddique Islam 2018-10-22 09:25:43

Bangladesh Foreign Exchange Dealers' Association (BAFEDA) will urge its member banks to be cautious about opening letters of credit (LCs) for import, considering the overall forex market situation. T...

Annual poverty reduction rate should reach 2.0pc: Muhith

Annual poverty reduction rate should reach 2.0pc: Muhith

FE Online Report 2018-10-21 21:16:32

Finance Minister Abul Maal Abdul Muhith has said the annual poverty reduction rate should reach 2.0 per cent to attain the government’s goal for eradicating poverty from the country. “Our...

DSE opens mixed

DSE opens mixed

FE Online Report 2018-10-21 12:21:41

The Dhaka Stock Exchange (DSE) was in a correction mood on Sunday morning as the major sectors performed mixed. DSEX, the broad index of the Dhaka bourse, stood at 5371.21 points with a loss of 0.19...

EPS of five companies up

EPS of five companies up

FE Report 2018-10-21 10:45:45

Some eight listed companies have disclosed their un-audited financial statements in last week for July-September (Q3), 2018. The earnings per share (EPS) of five companies marginally rose for July-Se...

Number of BO accounts remains unchanged

Number of BO accounts remains unchanged

FE Report 2018-10-21 10:19:15

The number of BO (Beneficiary Owner's) accounts remained almost static in last ten months due to reduced IPO (initial public offering) quota for general investors, stock brokers said. They said most...

Investors remain cautious, average turnover dips 34.50 per cent

Investors remain cautious, average turnover dips 34.50 per cent

FE Report 2018-10-20 10:55:10

The country's premier bourse witnessed moderate loss both in broad index and turnover as well amid 'nervy' trading. Selling spree was observed throughout the week as many investors opted to book prof...

'Poverty rate to come down to 10pc in next five years'

'Poverty rate to come down to 10pc in next five years'

-- 2018-10-19 20:42:31

Finance Minister Abul Maal Abdul Muhith has said poverty rate of Bangladesh would come down to 10 per cent if current government can get the mandate to govern the country for next five years. The min...

Aman Tex holds IPO road show

Aman Tex holds IPO road show

FE Report 2018-10-19 11:58:13

Aman Tex, a concern of Aman group, plans to go public by using the book building method to raise Tk 2.0 billion for its business expansion. The company held its IPO (initial public offering) road sho...

BB relaxes rules for intra-firm forex loans

BB relaxes rules for intra-firm forex loans

Siddique Islam 2018-10-19 10:06:30

The central bank has relaxed regulations for local industries in export processing and economic zones to get short term foreign currency loans from their sister concerns. Under the relaxed provision,...

‘Equilibrium’ champions in BICM contest

‘Equilibrium’ champions in BICM contest

FE Report 2018-10-18 10:17:08

Equilibrium, a team of students from finance department at Dhaka University, became champions in the Bangladesh Institute of Capital Market (BICM) Case Competition titled Invest Mastros. Fantastic...

Indo-Bangla Pharma's trading debut today

Indo-Bangla Pharma's trading debut today

FE Report 2018-10-18 10:08:56

The debut trading of Indo-Bangla Pharmaceuticals will take place on both the stock exchanges under 'N' category today (Thursday), according to the web posting of Dhaka Stock Exchange (DSE). The off...

Board meetings of 24 cos this month to declare div

Board meetings of 24 cos this month to declare div

FE Report 2018-10-18 10:00:36

At least 24 listed companies are scheduled to hold their board meetings this month to consider, among others, audited financial statements for the year ended on June 30, 2018. The meetings will be...

BD to push for connectivity, trade deals with Russia

BD to push for connectivity, trade deals with Russia

FHM Humayan Kabir 2018-10-18 09:40:53

Bangladesh will press for establishing direct connectivity and trade arrangements with Russia at an upcoming bilateral meeting in Moscow next week, officials said on Wednesday. Dhaka will also reques...