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The Financial Express

Search results for: BAN

Five cos recommend dividend

Five cos recommend dividend

FE Report 2018-03-25 10:43:37

The board of directors of five listed companies, including two banks, have recommended dividend in last week between 10 per cent and 100 per cent for the year ended on December 31, 2017. The five com...

Economists contradict BBS claim on 'job-rich growth'

Economists contradict BBS claim on 'job-rich growth'

FHM Humayan Kabir 2018-03-25 09:43:02

Despite having higher economic growth, Bangladesh couldn't create requisite job opportunities, thereby putting the country's sustainable growth potential at risk, economists said. They said a higher...

BRAC Bank’s net profit jumps 35pc in 2017

BRAC Bank’s net profit jumps 35pc in 2017

FE Online Report 2018-03-24 18:54:29

BRAC Bank has recorded a growth of nearly 35 per cent in year-on-year net profit (consolidated) last year. The bank reported a consolidated profit after tax of nearly Tk 5.50 billion for the year tha...

Govt moves to intensify vigilance against money laundering

Govt moves to intensify vigilance against money laundering

-- 2018-03-24 17:57:43

The government has decided to pool information resources on money laundering in a single file to better track the capital flight and work in a coordinated way to bring the laundered money back home....

LDC graduation: ADB chief congratulates Bangladesh

LDC graduation: ADB chief congratulates Bangladesh

-- 2018-03-24 16:45:08

Asian Development Bank (ADB) President Takehiko Nakao has congratulated Bangladesh for meeting the criteria for graduation from Least Developed Country (LDC). The ADB president congratulated Prime Mi...

Weekly analysis: Stocks keep losing streak for fifth week

Weekly analysis: Stocks keep losing streak for fifth week

Babul Barman 2018-03-24 09:44:00

Stocks witnessed yet another bearish week, extending the losing streak for the fifth consecutive week that ended Thursday as shaky investors continued their selling spree amid persistent liquidity cri...

Greater job creation a must in post-LDC era: Muhith

Greater job creation a must in post-LDC era: Muhith

FE Report 2018-03-24 09:39:29

Muhith prioritises greater job creation and better use of funds from some newer windows as experts focused on challenges and advantages to emerge from Bangladesh's much-vaunted LDC graduation. Speake...

DSE shareholders back China as bourse partner

DSE shareholders back China as bourse partner

FE Report 2018-03-24 09:26:59

Dhaka Stock Exchange shareholders decide for the bid-winning Chinese consortium as strategic partner and want the deadlock settled as soon as possible. Their views came at the bourse's 56th annual ge...

DSE approves 10pc cash dividend

DSE approves 10pc cash dividend

FE Online Report 2018-03-23 18:16:10

The Dhaka Stock Exchange (DSE) has approved 10 per cent cash dividends for the last three consecutive years with the bourse’s net income increased by 3.42 per cent year-on-year. The premier bou...

BB seeks Tk 3.0b for EEF operation

BB seeks Tk 3.0b for EEF operation

FE Report 2018-03-23 11:49:22

The Bangladesh Bank (BB) has requested the government to release a sum of Tk 3.0 billion for smooth operation of the Equity and Entrepreneurship Fund (EEF). "We have requested the finance ministry to...

DSE expects stake sale to Chinese consortium to close by end-April

DSE expects stake sale to Chinese consortium to close by end-April

-- 2018-03-23 11:42:05

The Dhaka Stock Exchange (DSE) expects to close the sale of its 25 per cent stake in the bourse to a Chinese consortium by end-April, after tackling certain issues raised by Bangladesh's securities re...

Brokers push for BB steps as capital market wrestles with cash crunch

Brokers push for BB steps as capital market wrestles with cash crunch

FE Report 2018-03-23 09:51:01

The capital market stakeholders have demanded immediate implementation of the recommendations made by the Ministry of Finance intended to infuse new life into the moribund stock market. The demand ca...

Thrust on popularising hedging to curb risks

Thrust on popularising hedging to curb risks

FE Report 2018-03-23 09:35:27

Bangladesh needs to develop an effective benchmark interest rate along with broadening secondary bond market to popularise hedging mechanism for mitigating risks in future, senior bankers and expert...

Govt launches project to address post-LDC challenges

Govt launches project to address post-LDC challenges

FE Online Report 2018-03-22 17:36:35

The government launched 'Export Diversification and Competitiveness Development Project (Tier-2)' at a programme at CIRDAP auditorium in the capital on Thursday. Organised by the Ministry of Commerce...

Stocks rebound on buying spree

Stocks rebound on buying spree

FE Online Report 2018-03-22 15:15:19

Stocks returned to green on Thursday, snapping the three-day losing streak, as investors went on late hours’ buying spree on sector-wise stocks. Market operators said the optimistic investors...

Stocks see higher trend at opening

Stocks see higher trend at opening

FE Online Report 2018-03-22 11:35:38

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Thursday as optimistic investors went on buying binge on sector-wise stocks. After witnessing t...

BB eases forex rules for shipping lines

BB eases forex rules for shipping lines

FE Report 2018-03-22 10:03:48

The central bank has relaxed foreign exchange regulations allowing the shipping lines to issue bills of lading to the name of importers after receiving advance payment instead the name of banks earlie...

DSE's strategic partnership: Beijing for no politicisation

DSE's strategic partnership: Beijing for no politicisation

Mir Mostafizur Rahman 2018-03-22 09:50:34

China said it expects Bangladesh's relevant authorities would not 'politicise" the issue of China's planned strategic investment in the Dhaka bourse. "…this is a completely commercial investme...

Credit binge squeezes banks' liquidity

Credit binge squeezes banks' liquidity

Siddique Islam 2018-03-22 09:29:29

The overall excess liquidity with the country's banks shrank by nearly 18 per cent or Tk 154.61 billion by January, mainly for a lending binge against a deposit dearth. Selling the US dollar by the c...

DSEX dips below 5,600-mark again

DSEX dips below 5,600-mark again

FE Online Report 2018-03-21 15:39:53

Stocks witnessed a major correction Wednesday with key index of the Dhaka Stock Exchange (DSE) fell below 5,600-mark once again after nine months. Market operators said the retail investors went fo...

Stocks see downturn at opening

Stocks see downturn at opening

FE Online Report 2018-03-21 11:23:36

The prices of most of the shares on both bourses saw downturn in early hour of trading Wednesday as investors continued their selling binge amid ongoing dividend declarations. Following the previou...

RHD in a fix over extent of land acquisition

RHD in a fix over extent of land acquisition

Munima Sultana 2018-03-21 11:04:03

Roads and Highways Department (RHD) is in difficulty to implement its next four-lane highway project than other such projects due to requirement of acquiring a greater extent of land to widen only 190...

UCB recommends 10pc dividend

UCB recommends 10pc dividend

FE Online Report 2018-03-21 10:57:38

The board of directors of United Commercial Bank (UCB) has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the ann...

BSEC forms body on proper functioning of OTC

BSEC forms body on proper functioning of OTC

FE Report 2018-03-21 10:50:34

The securities regulator has formed a five-member committee to make recommendation on the development of OTC (over-the-counter) market of Dhaka Stock Exchange (DSE). The committee was formed on Tuesd...

Economy fosters ‘job-rich growth’

Economy fosters ‘job-rich growth’

FE Report 2018-03-21 09:48:06

An official ratings agency says the Bangladesh economy can boast of fostering a 'job-rich growth', with the jobless rate remaining static at only 4.2 per cent last fiscal. Bangladesh Bureau of Statis...

Wider NBR drive to detect tax-dodging foreigners

Wider NBR drive to detect tax-dodging foreigners

Doulot Akter Mala 2018-03-21 09:26:22

Smelling large information gap in the data about registered foreign workers in Bangladesh, the tax authority now takes a wider survey on 40 companies to detect undocumented ones. As per the data comp...

Stocks extend losses amid choppy trading

Stocks extend losses amid choppy trading

FE Online Report 2018-03-20 16:47:19

Stocks extended the losing streak for the second day in a row on Tuesday as risk-averse investors continued their selling spree on sector-wise stocks. Brokers said fresh concern over major bourse&rsq...

Amu seeks WIPO support to accelerate industrialisation

Amu seeks WIPO support to accelerate industrialisation

-- 2018-03-20 14:47:33

Industries Minister Amir Hossain Amu on Monday sought technical support from the World Intellectual Property Organisation (WIPO) to accelerate the country's industrialisation. "Under the prudent poli...

DSE election underway

DSE election underway

FE Online Report 2018-03-20 12:37:52

The election for the post of a shareholder-director of Dhaka Stock Exchange (DSE) started at 10:30am on Tuesday as a director set to retire this year. The election will be continued till 4:00pm witho...

Stocks see lower in early trading

Stocks see lower in early trading

FE Online Report 2018-03-20 11:41:36

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading Tuesday as investors are on selling mood. Brokers said investors’ confidence dented as the s...