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The Financial Express

Search results for: Bangladesh

Walton Hi-Tech makes debut trading Wednesday

Walton Hi-Tech makes debut trading Wednesday

FE ONLINE REPORT 2020-09-21 14:27:19

Walton Hi-Tech Industries Limited will make its debut trading Wednesday (September 23) on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under the ‘N’ category. The DS...

Mir Akhter’s share bidding now begins Oct 4

Mir Akhter’s share bidding now begins Oct 4

FE ONLINE REPORT 2020-09-21 11:52:05

The bidding for eligible investors (EIs) to fix the cut-off price of shares of Mir Akhter Hossain Ltd, a construction company, will now commence from October 4 at 5:00pm as the company revised the bid...

Profit booking drags markets lower at opening

Profit booking drags markets lower at opening

FE ONLINE REPORT 2020-09-21 11:05:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors preferred to book quick-profit on sector-wise large-cap issues following the recent price upsurge. Following the...

IPO subscription of Dominage Steel Building begins Oct 19

IPO subscription of Dominage Steel Building begins Oct 19

FE Online Report 2020-09-21 10:57:20

The initial public offering (IPO) subscription of Dominage Steel Building Systems Ltd is set to open on October 19, aiming to raise Tk 300 million from the capital market. The IPO subscription for sh...

Energypac Power's share bidding begins today

Energypac Power's share bidding begins today

FE REPORT 2020-09-21 10:08:22

Energypac Power Generation's bidding to fix the cut-off price of shares commences today (Monday) while share bidding of Mir Akhter Hossain, a construction company, is set to open September 27. Energy...

Stimulus farm-loan package: BB extends deadline until December 30

Stimulus farm-loan package: BB extends deadline until December 30

FE REPORT 2020-09-21 09:37:53

The central bank has extended the deadline for disbursement of Tk. 50 billion special stimulus package for the Covid-19 pandemic hit agricultural sector to December 31 next. The original deadline w...

Vision 2041: Target to double tax-GDP ratio

Vision 2041: Target to double tax-GDP ratio

FHM HUMAYAN KABIR 2020-09-21 09:27:00

The government has taken an ambitious target to raise the revenue-GDP (Gross Domestic Product) ratio to 24.1 per cent as it aims to achieve the developed nation status by 2041, officials said on Satur...

BSEC removes 17 more directors

BSEC removes 17 more directors

FE REPORT 2020-09-21 09:26:15

The securities regulator on Sunday declared the posts of 17 directors of nine separate listed companies vacant as they failed to hold the mandatory minimum of 2.0 per cent shares each despite getting...

DSEX dips below 5100-mark on profit booking

DSEX dips below 5100-mark on profit booking

FE ONLINE REPORT 2020-09-20 16:07:26

Stocks extended the losing streak for the second consecutive session on Sunday as risk-averse investors opted for booking quick-profit on sector-specific issues. DSEX, the prime index of the Dhaka St...

Meghna Petroleum, JMI sign deal to expand LPG business

Meghna Petroleum, JMI sign deal to expand LPG business

FE Online Report 2020-09-20 15:13:24

Meghna Petroleum, a subsidiary of Bangladesh Petroleum Corporation, has signed an agreement with JMI Industrial Gas Ltd as part of business expansion. Under the agreement, the petroleum company will...

Capital market specialist Wali-ul-Maroof Matin passes away

Capital market specialist Wali-ul-Maroof Matin passes away

FE Online Report 2020-09-20 13:07:22

Wali-ul-Maroof Matin, a renowned capital market expert, passed away on Sunday morning at a city hospital. According to Mohammad Ashraf Hossain, company secretary of Maslin Capital, Mr. Matin had lung...

Bangladesh economy doing well in all areas after Covid shock: Mustafa Kamal

Bangladesh economy doing well in all areas after Covid shock: Mustafa Kamal

-- 2020-09-20 12:03:15

Bangladesh fares better than many other countries in recovering from the economic fallout of the coronavirus pandemic, Finance Minister AHM Mustafa Kamal has said, bdnews24.com reports. And the credi...

Stocks log marginal gains at opening

Stocks log marginal gains at opening

FE ONLINE REPORT 2020-09-20 11:05:41

Stocks posted a modest gain in early trading on Sunday as optimistic investors showed their buying binge on large-cap stocks amid high expectations. Following last week’s upbeat note, the Dhaka...

Thrust on hi-tech manufacturing ecosystem

Thrust on hi-tech manufacturing ecosystem

FE REPORT 2020-09-20 10:52:19

Tech experts during a webinar on Friday underscored the need for developing a hi-tech manufacturing ecosystem in Bangladesh in a bid to ensure desired economic growth. Enhancing new skills in line wi...

Agrani Bank supports 17,306 corona-hit enterprises, individuals

Agrani Bank supports 17,306 corona-hit enterprises, individuals

FE REPORT 2020-09-20 10:28:46

The state-owned Agrani Bank Ltd has supported 17,308 enterprises and individuals so far under the incentive packages declared by the government to revive the economy amid the Covid-19 pandemic. By th...

Ins, Z-category cos rule the roost on DSE

Ins, Z-category cos rule the roost on DSE

FE REPORT 2020-09-20 10:15:35

General insurers and some 'Z'-category companies dominated the gainers' chart of Dhaka Stock Exchange (DSE) in last week following increased participation. According to DSE information, general insur...

ADB favours online return filing by large taxpayers

ADB favours online return filing by large taxpayers

FE REPORT 2020-09-20 09:46:25

The Asian Development Bank (ADB) has recommended the National Board of Revenue (NBR) to strengthen monitoring of the online return filing and make it popular among the large taxpayers. It also sugges...

IBN Sina to pay 38.50pc cash div

IBN Sina to pay 38.50pc cash div

FE REPORT 2020-09-19 10:26:37

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 38.50 per cent cash dividend for the year ended on June 30, 2020. The dividend recommendation came at a meeting of t...

Weekly review: Growing optimism attracts investors

Weekly review: Growing optimism attracts investors

BABUL BARMAN 2020-09-19 10:22:05

Stocks witnessed yet another bullish week, extending the winning streak for 13 weeks in a row, as optimistic investors continued their buying binge on large-cap stocks amid high expectation. Week-on-...

Govt to pay Tk 2,256.7 billion as loan interest in three fiscals

Govt to pay Tk 2,256.7 billion as loan interest in three fiscals

-- 2020-09-18 17:56:04

The government will pay an estimated Tk 2,256.7 billion as interest on loans in the next three fiscals including the current one. Out of the amount, Tk 638 billion will be paid in 2020-21, Tk 748.9 b...

Mediation most effective tool to resolve commercial disputes

Mediation most effective tool to resolve commercial disputes

FE DESK REPORT 2020-09-18 10:34:36

Experts at a webinar on Thursday stressed the advantages of mediation over arbitration and litigation as a dispute resolution tool, especially in the wake of the Covid-19 pandemic, which has created a...

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

FE ONLINE REPORT 2020-09-18 09:46:54

A total of 17 directors of nine listed companies are going to lose their directorship for not holding minimum 2.0 per cent shares. The securities regulator on Thursday finalised the decision signed b...

Stocks slip into red after two-day

Stocks slip into red after two-day

FE ONLINE REPORT 2020-09-17 15:54:34

Stocks slipped into the red on Thursday, snapping a two-day gaining streak, as risk-averse investors opted for booking profit on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange...

BSEC approves IPO of AFC Health

BSEC approves IPO of AFC Health

FE Online Report 2020-09-17 11:18:19

The securities regulator has approved the IPO (initial public offering) proposal of AFC Health which will raise capital worth Tk 170 million from the capital market. The approval came at a meeting he...

Bourses witness downturn at open

Bourses witness downturn at open

FE ONLINE REPORT 2020-09-17 11:07:10

Stocks on both the bourses witnessed a downward trend in the early trading on Thursday as investors were seen active on both sides of the trading fence. Following the previous day’s marginal ga...

Social safety net programmes: Maximum fund goes to non-poor, study shows

Social safety net programmes: Maximum fund goes to non-poor, study shows

FE REPORT 2020-09-17 09:35:58

As many as 65 per cent of the fund from the government's social safety net programmes (SSNPs) goes to non-poor owing to nepotism, corruption, political consideration and clientelism in selecting benef...

Stocks stay afloat amid rising turnover

Stocks stay afloat amid rising turnover

FE ONLINE REPORT 2020-09-16 16:02:29

Stocks ended marginally higher on Wednesday after volatility as bargain hunters continued their appetite on sector-wise issues, driven by regulatory moves and resumption of economic activities DSEX,...

United Power Generation to acquire two power plants

United Power Generation to acquire two power plants

FE Online Report 2020-09-16 11:41:26

The board of directors of United Power Generation & Distribution Company Ltd has decided to acquire two power plants of the United Group. The power generation company has taken a decision to acqu...

Bangladesh to play an essential role in IPS: US

Bangladesh to play an essential role in IPS: US

FE Online Report 2020-09-16 10:13:08

Having a huge market, strong manufacturing base and strategic location, Bangladesh is an important country for US under Indo Pacific Strategy (IPS), said a top US State Department official. “Be...

Shares of 1200 Crest Securities clients sent to link accounts

Shares of 1200 Crest Securities clients sent to link accounts

MOHAMMAD MUFAZZAL 2020-09-16 10:02:49

Shares from over 1200 BO accounts of the clients of Crest Securities have so far been transferred into their link accounts, as the brokerage house remained shuttered since its owners went into hiding...