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The Financial Express

Search results for: Bangla

Ring Shine Textiles to hold IPO lottery draw October 1

Ring Shine Textiles to hold IPO lottery draw October 1

FE Report 2019-09-15 11:54:52

Ring Shine Textiles is set to hold initial public offering (IPO) lottery draw on October 01 to allocate 150 million ordinary shares among the successful applicants, officials said. The lottery draw...

Marico BD sees 23pc profit growth in 2019

Marico BD sees 23pc profit growth in 2019

Babul Barman 2019-09-15 11:47:46

Marico Bangladesh, a fast-moving consumer goods multinational company, witnessed a steady growth in revenue earnings and dividend payout, among others, in last five years through 'quality products"....

RJSC moves to strike off inactive companies

RJSC moves to strike off inactive companies

Ismail Hossain 2019-09-15 10:22:31

The Registrar of Joint Stock Companies and Firms (RJSC) has moved to strike off inactive companies and firms registered with RJSC. According to RJSC office, around 10,000 companies and firms have not...

UAE business groups to invest $10.0b in Bangladesh

UAE business groups to invest $10.0b in Bangladesh

-- 2019-09-14 20:38:52

A number of UAE business groups are set to invest $10 billion in Bangladesh, according to the Bangladesh Economic Forum, which will take place at Conrad Dubai Hotel in Dubai on Sunday. More than 300...

Weekly analysis: Stocks keep tumbling

Weekly analysis: Stocks keep tumbling

Babul Barman 2019-09-14 11:56:01

Stocks witnessed yet another bearish week, extending the losing streak for the third straight week, as worried investors continued their selling binge to ward off further losses. The benchmark index...

National Tubes lights up weekly turnover chart

National Tubes lights up weekly turnover chart

FE Report 2019-09-14 11:53:54

Ten most traded companies accounted for nearly 31 per cent of transactions on the prime bourse in the outgoing week, with the National Tubes generating the highest turnover. The state-run company als...

AIIB considering four more infrastructure projects in Bangladesh

AIIB considering four more infrastructure projects in Bangladesh

BSS 2019-09-13 18:49:34

The Asian Infrastructure Investment Bank (AIIB) is considering financing four more projects for contributing further to the country’s infrastructure development, a top AIIB official said. The p...

$5.0b ADB funding to bankroll major dev projects

$5.0b ADB funding to bankroll major dev projects

-- 2019-09-13 17:19:34

The Asian Development Bank or ADB is set to disburse around $5.0 billion to finance several major development projects in Bangladesh between 2020 and 2022, reports bdnews24.com.  The financial i...

FM seeks investment from Germany, France in SEZs

FM seeks investment from Germany, France in SEZs

-- 2019-09-13 12:11:26

Foreign Minister Dr AK Abdul Momen has invited German and French companies to invest more in Bangladesh, particularly in the country’s Special Economic Zones (SEZs) and High-tech Parks. They ar...

BD wants central role for South in int'l economic decision-making

BD wants central role for South in int'l economic decision-making

-- 2019-09-13 12:02:45

Permanent Representative (PR) of Bangladesh to the UN Ambassador Masud Bin Momen has stressed the importance of the role of Southern countries in the decision-making process of international economy....

BSEC probe finds 10 involved in share price manipulation

BSEC probe finds 10 involved in share price manipulation

FE Report 2019-09-13 10:48:38

The securities regulator has found 10 investors involved in manipulation of share prices of 12 listed companies, which made the market volatile in recent times. The Bangladesh Securities and Exchange...

JMI Syringes generates highest turnover

JMI Syringes generates highest turnover

FE Report 2019-09-13 10:46:36

Ten most traded companies captured 34 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with JMI Syringes & Medical Devices bagging the top spot of the turnover chart. Market a...

Freelancers’ remittance receipt ceiling doubled

Freelancers’ remittance receipt ceiling doubled

FE Report 2019-09-13 10:28:13

The central bank has doubled the limit of small service exporters for receiving remittances through online gateway operators. These small-value exporters are now allowed to receive overseas payments...

IDRA forms compliance committee

IDRA forms compliance committee

FE Report 2019-09-13 10:26:02

The Insurance Development and Regulatory Authority (IDRA) has formed a surveillance committee to monitor the compliance of paying 15 per cent agent commission by the insurers, according to a press sta...

Choppy capital market riles finance minister

Choppy capital market riles finance minister

FE Report 2019-09-13 10:12:51

Finance minister AHM Mustafa Kamal expressed his dissatisfaction on Thursday over the conditions of the capital market, which saw seesaw trading in recent weeks. "Our capital market, as if, is not al...

DSE ends flat after volatile trading

DSE ends flat after volatile trading

FE Online Report 2019-09-12 15:31:22

Dhaka stocks ended flat on Thursday, after suffering a big jolt in the previous day, backed by institutional support. DSEX, the prime index of the Dhaka Stock Exchange (DSE), saw a fractional gain of...

DSE, CSE tumble at opening

DSE, CSE tumble at opening

FE Online Report 2019-09-12 12:16:29

Stocks witnessed downward trend in early hour of trading on Thursday as jittery investors continued their selling binge on sector-wise shares. Following the previous day’s free-fall, the Dhak...

Govt's bank borrowing soars as savings tools sales drop

Govt's bank borrowing soars as savings tools sales drop

-- 2019-09-12 11:43:17

A fall in sales of savings certificates along with slow revenue collection has forced the government into heavily taking loans from banks in order to pay expenses. The government’s borrowing ex...

Source-tax on bank deposits up 16.18pc in FY 2019

Source-tax on bank deposits up 16.18pc in FY 2019

Doulot Akter Mala 2019-09-12 09:45:25

The collection of tax at source from bank depositors posted a gain in fiscal year (FY) 2018-19, showing 16.18-per cent growth over that of the corresponding period in FY '18. This rise in the source-...

Infographic: Financial inclusion in Bangladesh

Infographic: Financial inclusion in Bangladesh

-- 2019-09-11 17:58:53

The following infograph considers salient data points to highlight the growth of financial inclusion in Bangladesh, through agent banking and mobile financial services, aided by favourable government...

DSEX hits 32-month low

DSEX hits 32-month low

FE Online Report 2019-09-11 15:50:54

The prime index of the major bourse slumped below the ‘psychological’ threshold of 5,000-mark once again Wednesday, hitting 32-month low, as investors continued to dump their holdings to e...

DSE extend trading suspension period of PLFSL

DSE extend trading suspension period of PLFSL

FE Online Report 2019-09-11 15:39:59

The management of the Dhaka bourse has extended the suspension period of trading of shares of People’s Leasing and Financial Services Limited (PLFSL) for further period of 15 days. The manageme...

DSEX dips below 5,000-mark in early trading

DSEX dips below 5,000-mark in early trading

FE Online Report 2019-09-11 11:50:33

Stocks witnessed downward trend in early hour of trading on Wednesday as risk-averse investors went on selling binge on sector-wise shares. Following the previous day’s downturn, the Dhaka Stoc...

Bangladeshi workers exploited, traded between firms in Malaysia

Bangladeshi workers exploited, traded between firms in Malaysia

-- 2019-09-10 12:49:27

KUALA LUMPUR, Sept 10:  Bangladeshi nationals were allegedly being worked and traded between firms in slave-like conditions that violated Malaysian labour laws, according to a news report today p...

National Tubes grabs top position for 2nd day

National Tubes grabs top position for 2nd day

FE Report 2019-09-10 10:30:56

Ten most-traded companies captured more than 35 per cent transactions on the prime bourse Monday. National Tubes topped the chart for the second straight session on the day. Market analysts said inv...

Stylecraft share jumps 86pc in seven weeks

Stylecraft share jumps 86pc in seven weeks

FE Report 2019-09-10 10:29:24

The share price of Stylecraft Ltd soared more than 86 per cent in seven weeks as its share surged further by 1.0 per cent on Monday without having any undisclosed price sensitive information (PSI). T...

Five large-cap issues trigger alarm on DSE

Five large-cap issues trigger alarm on DSE

FE Report 2019-09-10 10:27:12

Stocks slipped into the red on Monday, snapping a two-day gaining streak, as cautious investors went on selling binge on major sectors' shares. Meanwhile, trading and official activities on the bours...

Freelancers allowed to remit enhanced IT expenses

Freelancers allowed to remit enhanced IT expenses

FE Report 2019-09-10 10:06:36

The central bank has enhanced the ceiling for outward remittances in case of IT expenses through digital wallet to US$500 from the earlier $300 to support freelancers, officials said. "We've increase...

NBR set to zoom in on healthcare providers

NBR set to zoom in on healthcare providers

Doulot Akter Mala 2019-09-10 10:01:09

Healthcare service providers are set to come under the scanners of the tax authority for checking tax evasion through verification of their deposit of tax at source to the public exchequer. The Natio...

Transfer of funds to govt: Kamal takes a swipe at extravagant state entities

Transfer of funds to govt: Kamal takes a swipe at extravagant state entities

FE Report 2019-09-10 09:53:48

Finance Minister AHM Mustafa Kamal on Monday insisted the autonomous public agencies cannot utilise their funds according to their wish as they are not the government. "[But] they are utilising their...