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The Financial Express

Search results for: Bangla

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...

Top ten-traded cos snare 18pc of total transaction

Top ten-traded cos snare 18pc of total transaction

FE Report 2019-01-21 10:39:00

Top ten traded companies captured 18 per cent turnover of the Dhaka bourse on Sunday. Three banks featured in the top ten-traded companies after long time. The banks were Premier Bank, Dutch-Bangla...

When small insurance comes as a saviour

When small insurance comes as a saviour

Mehdi Musharraf Bhuiyan 2019-01-21 10:37:08

When Ajgor lost his father a couple of years ago, he suddenly found himself in a sea of uncertainty. "The whole scenario was really a torturous one for me," recollected Ajgor, who was a mechanic by p...

BD expats suffer for inadequate remittance points abroad

BD expats suffer for inadequate remittance points abroad

Rezaul Karim 2019-01-21 09:31:35

Bangladeshi overseas workers have been suffering a serious setback when remitting their hard-earned money due to inadequate number of agent points in their destination countries. Saudi Arabia, the Un...

Stocks rebound strongly on buying spree

Stocks rebound strongly on buying spree

-- 2019-01-20 16:09:39

Stocks rebounded strongly on Sunday, after remaining down in the past two sessions, as investors showed their buying spree on sector-wise issues. Market analysts said investors were active on sector-...

Stocks open higher on buying appetite

Stocks open higher on buying appetite

FE Online Report 2019-01-20 11:23:47

The prices of most of the stocks witnessed an upward trend in the early hour of trading on Sunday as investors were showing their buying appetite on sector-wise issues. Following the previous week&rs...

AMCL (Pran) sees steady growth

AMCL (Pran) sees steady growth

Mohammad Mufazzal 2019-01-20 10:58:18

Agricultural Marketing Company Ltd. (Pran) posted a steady growth in revenue earnings in last five fiscal years (FYs). To keep the revenue growth stable, the company always laid importance on a 'stro...

Rich in BD to rise 11.4 pc in five years: Wealth-X

Rich in BD to rise 11.4 pc in five years: Wealth-X

-- 2019-01-19 13:06:38

The number of high net-worth (HNW) individuals in Bangladesh will rise by 11.4 per cent in the next five years, according to the latest report of Wealth-X, a New York-based research firm. In the list...

Weekly analysis: Bullish streak slows amid profit booking

Weekly analysis: Bullish streak slows amid profit booking

Babul Barman 2019-01-19 10:34:54

Stocks posted a marginal gain last week that ended on Thursday, as investors took to profit booking following a sharp rise in the prime index. Market analysts said the bullish momentum has slowed to...

MI Cement looks to expand production capacity

MI Cement looks to expand production capacity

FE Report 2019-01-19 10:28:48

The board of directors of MI Cement Factory Ltd., which produces Crown brand cement, has decided to expand its production capacity, officials said. The decision was taken at a meeting of the board of...

Fall in remittance from Italy likely this year

Fall in remittance from Italy likely this year

Rezaul Karim 2019-01-19 10:14:46

Remittance inflow may see a significant fall this calendar year for taxing expats' cash transfer by Italy, a major source of remittance earnings for Bangladesh. Bangladeshi migrants send home $550-...

Reduced source tax on export from Jan

Reduced source tax on export from Jan

Doulot Akter Mala 2019-01-18 10:55:11

The National Board of Revenue (NBR) has decided to make reduced rate of source tax, 0.25 per cent, on export proceeds effective from January, 1, 2019. The board will issue a clarification today (Frid...

SS Steel spikes 401pc in trading debut

SS Steel spikes 401pc in trading debut

FE Report 2019-01-18 10:34:36

SS Steel Limited made a flying trading debut as its share price jumped 401 per cent to Tk 50.10 on the Dhaka Stock Exchange (DSE) on Thursday. The engineering sector company made its share trading de...

Northern Jute sees strong growth in Q2 EPS

Northern Jute sees strong growth in Q2 EPS

FE Report 2019-01-18 10:32:31

Northern Jute Manufacturing Company has posted a significant growth in earnings in the October-December (Q2) period of financial year 2018-19 against the loss incurred in the same period of the previo...

Private credit growth edges down in December

Private credit growth edges down in December

FE Report 2019-01-18 09:37:31

Private sector credit growth dropped significantly in December mainly due to the lower demand for loans, due mainly to the elections, bankers said. They, however, expected the growth in credit flow...

BB introduces new policy to curb default loans

BB introduces new policy to curb default loans

-- 2019-01-17 21:11:42

Bangladesh Bank (BB) has introduced a new guideline on Thursday to shorten the leash on rising default loans. The new policy will be will be effective from the next fiscal year beginning on July 1, a...