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The Financial Express

Search results for: Bangla

FDI from Singapore drops by two-thirds in 2017

FDI from Singapore drops by two-thirds in 2017

FE Online Report 2018-05-26 14:42:01

Net inflow of Foreign Direct Investment (FDI) from Singapore declined by 69 per cent in 2017, according to the latest statistics of the central bank. It showed that the net inflow of Singaporean FDI...

Prime Bank approves 10pc stock, 7.0pc cash dividend

Prime Bank approves 10pc stock, 7.0pc cash dividend

FE Online Desk 2018-05-26 12:52:38

The 23rd Annual General Meeting of Prime Bank Limited was held recently at Krishibid Institution, Farmgate, Dhaka. Azam J Chowdhury, Chairman, Board of Directors presided over the meeting. Among dif...

Stocks slide for fifth straight week

Stocks slide for fifth straight week

FE Report 2018-05-26 11:34:43

Stocks witnessed yet another bearish week that ended on Thursday, extending the losing streak for fifth week in a row. During the five consecutive weeks, the core index of the Dhaka Stock Exchange...

Sonali to inject Tk 1.65b as equity into Farmers Bank

Sonali to inject Tk 1.65b as equity into Farmers Bank

FE Report 2018-05-26 09:59:23

The state-run Sonali Bank has decided to inject Tk 1.65 billion as equity into scam-hit Farmers Bank Ltd. soon, a senior official said. The board of directors of the state-run bank at its 577th meeti...

Renata to establish subsidiary company in UK

Renata to establish subsidiary company in UK

Babul Barman 2018-05-26 00:20:55

Renata Limited (formerly Pfizer Limited) has decided to establish a subsidiary company in United Kingdom after fulfilling necessary regulatory requirements to export products to the European countries...

Al-Arafah Bank approves 20pc dividend for 2017

Al-Arafah Bank approves 20pc dividend for 2017

FE Desk Report 2018-05-25 10:48:16

Al-Arafah Islami Bank Limited has approved 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017. The dividend was approved at the bank's 23rd annual general meetin...

Envoy Textiles witnesses steady revenue growth in last five years

Envoy Textiles witnesses steady revenue growth in last five years

Mohammad Mufazzal 2018-05-25 10:43:35

Envoy Textiles, a fashion denim manufacturer and exporter, witnessed a steady growth in revenue earnings during the last five years. The company, however, showed mixed performance in making profit an...

BSEC urges stakeholders' support to bring stability in capital market

BSEC urges stakeholders' support to bring stability in capital market

FE Report 2018-05-25 10:31:43

The securities regulator has urged the stakeholders to play a supportive role for bringing back stability in the capital market. Bangladesh Securities and Exchange Commission (BSEC), the regulator, m...

Stocks rebound from two-day losing streak

Stocks rebound from two-day losing streak

FE Online Report 2018-05-24 15:36:56

Stocks rebounded strongly on Thursday with core index of the Dhaka bourse soared 1.28 per cent, powered by investors’ buying spree on large-cap stocks. The market started on positive note and t...

Most energy cos report better earnings in Q3

Most energy cos report better earnings in Q3

FE Report 2018-05-24 11:07:20

Most of the listed companies under fuel and power sector reported increased earnings per share (EPS) for the January-March (Q3) quarter of 2018 compared to the same period of previous year. Out of...

Stocks end lower in penultimate trading day

Stocks end lower in penultimate trading day

FE Online Report 2018-05-23 15:32:05

Stocks ended marginally lower on Wednesday, the penultimate trading day of the week, as investors remained on selling binge, especially on banking stocks. Analysts said the ongoing pessimism kept i...

Dragon Sweater to issue rights share

Dragon Sweater to issue rights share

FE Online Report 2018-05-23 11:48:36

The board of directors of Dragon Sweater and Spinning Limited has decided to issue rights share for expansion of the company’s existing project. The rights issue is an offer of new shares by...

Stocks inch down at opening

Stocks inch down at opening

FE Online Report 2018-05-23 11:38:53

The prices of most of the shares on both bourses witnessed downturn in early hour of trading on Wednesday as investors remained cautious amid ongoing bearish trend. Following the previous day&rsquo...

BB okays manual for issuing new treasury bond

BB okays manual for issuing new treasury bond

FE Report 2018-05-23 10:09:34

The central bank has approved a manual for the floating rate treasury bond (FRTB), paving the way for issuing such a debt instrument in the country. The government had earlier decided to issue such...

ECNEC nods primary education development project, 15 others

ECNEC nods primary education development project, 15 others

-- 2018-05-22 17:05:44

A Tk 383.97 billion primary education project was approved on Tuesday in a bid to strengthen the country’s primary education system. The approval came at the weekly meeting of Executive Committ...

Ecnec okays revised Padma Bridge Rail Link Project

Ecnec okays revised Padma Bridge Rail Link Project

-- 2018-05-22 16:16:37

The Executive Committee of the National Economic Council (Ecnec)has approved the Padma Bridge Rail Link Project (first revised) involving Tk 392.46 billion. It also cleared 15 other projects, includi...

Stocks slip back into the red

Stocks slip back into the red

FE Online Report 2018-05-22 15:06:25

Stocks returned to the red territory Tuesday, after a single-session break, as investors mostly refrained from injecting fresh funds into the market. Analysts said the ongoing pessimism coupled with...

Stocks witness negative trend at opening

Stocks witness negative trend at opening

FE Online Report 2018-05-22 11:35:53

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed negative trend in early hour of trading on Tuesday as investors remained followed cautious stance. Following the pre...

Berger Paints recommends 300pc dividend

Berger Paints recommends 300pc dividend

FE Online Report 2018-05-22 10:53:02

The board of directors of Berger Paints Bangladesh Limited has recommended 200 per cent cash and 100 per cent stock dividend for the year ended on March 31, 2018, said an official disclosure on Tuesda...

Share price of  Queen South Textile, Legacy Footwear soaring sans PSI

Share price of Queen South Textile, Legacy Footwear soaring sans PSI

FE Report 2018-05-22 10:41:24

The share prices of two companies -- Queen South Textile and Legacy Footwear -- are soaring without any price sensitive information (PSI). Within four trading sessions, the share price of Queen South...

Subscription hits 9-time high, lottery on May 30

Subscription hits 9-time high, lottery on May 30

FE Report 2018-05-22 10:36:29

Bashundhara Paper Mills, a concern of Bashundhara Group, will hold IPO lottery on May 30 to allocate shares among the successful general applicants. The company's initial public offering (IPO) hit...

PC to revise DPP for curbing misuse of taxpayers' money

PC to revise DPP for curbing misuse of taxpayers' money

FHM Humayan Kabir 2018-05-22 10:33:30

The Planning Commission (PC) is set to revise the existing Development Project Proposal (DPP) format in a bid to check fraud and misappropriation of public funds, officials said Monday. They said the...

IFC offers $40m loan to lower middle-income group

IFC offers $40m loan to lower middle-income group

Rezaul Karim 2018-05-22 10:26:19

The International Finance Corporation (IFC) has proposed investing up to US$ 40 million in a state-run financial entity in the form of loans to the lower middle-income people in Bangladesh, officials...

Call to remove VAT on insurance agent commission

Call to remove VAT on insurance agent commission

-- 2018-05-21 18:17:23

Bangladesh Insurance Association (BIA) has demanded withdrawal of VAT on commissions of insurance agents in the next budget for the expansion of insurance industry. "There is 15 per cent VAT at sour...

Stocks break 13-day losing streak

Stocks break 13-day losing streak

FE Online Report 2018-05-21 15:28:21

Stocks bounced back Monday, snapping the 13-session losing spell, as some optimistic investors took position on sector-wise stocks, taking the advantage of lucrative prices level. Dealers said the ma...

Stocks bounce back at midday

Stocks bounce back at midday

FE Online Report 2018-05-21 12:33:51

Stocks turned around at midday on Monday as optimistic investors are taking position on sector-wise stocks, taking the advantage of low prices of available lucrative stocks. Following the previous 13...

Queen South Textile’s share price soaring sans PSI

Queen South Textile’s share price soaring sans PSI

FE Online Report 2018-05-21 12:21:41

Share price of Queen South Textile Ltd is soaring without any price sensitive information (PSI) as the company’s price surged further by 2.78 per cent Sunday. Within four trading sessions, the...

Stocks meander at opening

Stocks meander at opening

FE Online Report 2018-05-21 11:38:08

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed volatility in early hour of trading on Monday as investors are active both sides of trading fence. Following the previ...

GRI signs deal with DSE to help improve cos' reporting standard

GRI signs deal with DSE to help improve cos' reporting standard

FE Report 2018-05-21 11:29:35

GRI (Global Reporting Initiative), Netherlands, has signed a memorandum of understanding (MoU) with Dhaka Stock Exchange (DSE) to provide training to local stakeholders so that listed companies foll...

Eastern Cables now in 'Z' category

Eastern Cables now in 'Z' category

FE Report 2018-05-21 11:22:34

Eastern Cables Limited has been placed to 'Z' category from existing 'A' category with effect from today (Monday) as the company failed to hold annual general meeting (AGM) in scheduled time. Dhaka...