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The Financial Express

Search results for: Bangladesh

Rights subscription of Pragati Life begins Sept 24

Rights subscription of Pragati Life begins Sept 24

FE REPORT 2020-09-16 10:02:05

Rights shares subscription of Pragati Life Insurance is set to begin September 24, aiming to raise Tk 230.27 million. The subscription period for the rights will be continued until October 20, 2020,...

Kamal elated over ADB's growth projection

Kamal elated over ADB's growth projection

FE REPORT 2020-09-16 09:56:44

Finance Minister AHM Mustafa Kamal expressed satisfaction over the growth projection made by the Asian Development Bank (ADB) for the current fiscal year. "People of the country are working heartily...

BEPZA’s contribution in national export increases

BEPZA’s contribution in national export increases

-- 2020-09-15 17:42:05

The contribution of Bangladesh Export Processing Zones Authority (BEPZA) in national export has increased in the fiscal 2019-20. The operational enterprises of eight EPZs under BEPZA exported goods w...

DSE key index crosses 5100-mark

DSE key index crosses 5100-mark

FE ONLINE REPORT 2020-09-15 16:05:41

The core index of the Dhaka Stock Exchange (DSE) exceeded 5,100-mark after more than a year on Tuesday riding on regulatory moves and gradual improvement of economic activities. DSEX, the prime index...

Newly listed Express Insurance declares ‘no’ dividend

Newly listed Express Insurance declares ‘no’ dividend

FE ONLINE REPORT 2020-09-15 12:13:35

Express Insurance Ltd, which made its trading debut on August 24, 2020, has recommended ‘no’ dividend for the year ended on December 31, 2019, according to an official disclosure Tuesday....

Bourses slip at open as investors booking profits

Bourses slip at open as investors booking profits

FE ONLINE REPORT 2020-09-15 11:09:04

Stocks witnessed a downward trend in early trading on Tuesday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsqu...

ADB sees Bangladesh recovery despite growth contraction in Asia

ADB sees Bangladesh recovery despite growth contraction in Asia

FE Online Report 2020-09-15 10:23:19

Bangladesh’s economy is expected to grow at a rate of 6.8 per cent in the current fiscal year (FY 2021), the Asian Development Bank (ADB) said on Tuesday. “The growth reflects gradual rec...

BSEC suspends share trading of Zeal Bangla Sugar Mills

BSEC suspends share trading of Zeal Bangla Sugar Mills

FE REPORT 2020-09-15 10:01:38

The stock market regulator has suspended share trading of Zeal Bangla Sugar Mills, with effect from today (Tuesday), following 'unusual' transactions and movement of its share price. The Bangladesh S...

Rising market lures new investors

Rising market lures new investors

Babul Barman 2020-09-15 09:59:16

The number of new beneficiary owner (BO) accounts is on the rise in recent weeks as new investors are entering the market to cash in on the bullish market. About 31,451 accounts were opened in the la...

Bond sales losing steam

Bond sales losing steam

FHM Humayan Kabir 2020-09-15 09:40:36

Bangladesh's bond market is under-performing as sales of major such debt instruments are on the declining trend, officials said on Monday. The bond sales by banks to the clients fell in fiscal year...

Stocks inch down after choppy trading

Stocks inch down after choppy trading

FE ONLINE REPORT 2020-09-14 16:01:54

Stocks inched down on Monday after volatile trading as investors were active on both sides of the trading fence throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went d...

Stocks fall at open on profit booking

Stocks fall at open on profit booking

FE ONLINE REPORT 2020-09-14 11:03:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsquo...

Cyber security alert: DSE reduces time for using mobile app

Cyber security alert: DSE reduces time for using mobile app

FE REPORT 2020-09-14 10:29:35

The Dhaka Stock Exchange (DSE) has reduced the time for DSE mobile app users' access to the trading system in view of the current cyber security situation and alert. The prime bourse has decided to a...

Eastland Insurance approves 10pc dividend

Eastland Insurance approves 10pc dividend

FE DESK REPORT 2020-09-14 10:21:48

The 33rd annual general meeting (AGM) of Eastland Insurance Co. Ltd. was held on September 03 at 3:00pm. Due to the effect of Covid-19, the meeting was held through virtual platform. Presided over by...

Outward FDI from Bangladesh turns negative

Outward FDI from Bangladesh turns negative

FE Online Report 2020-09-13 19:23:23

Outward foreign direct investment (FDI) from Bangladesh to other countries turned negative in the past year, according to the statistics of the country’s central bank. It showed that the net ou...

Stocks keep soaring amid rising confidence

Stocks keep soaring amid rising confidence

FE ONLINE REPORT 2020-09-13 16:02:53

Stocks ended higher on Sunday amid rising turnover as optimistic investors continued their appetite on large-cap issues, driven by regulatory moves and resumption of economic activities. DSEX, the pr...

Meghna Petroleum signs deal with 4 cos for selling LPG

Meghna Petroleum signs deal with 4 cos for selling LPG

FE ONLINE REPORT 2020-09-13 11:25:13

The state-run listed company Meghna Petroleum has signed agreements with four non-listed companies - Beximco LPG Unit-1, Bashundhara LP Gas, Omera Gas One and Unitex LP Gas as part of its business exp...

Stocks jump at opening amid rising turnover

Stocks jump at opening amid rising turnover

FE ONLINE REPORT 2020-09-13 11:14:17

Stocks witnessed an upbeat note on the opening day of the week on Sunday amid rising trading activities as enthusiastic investors continued their buying binge on sector sector-wise issues amid high ex...

One year on, BSEC annual report yet to be published

One year on, BSEC annual report yet to be published

MOHAMMAD MUFAZZAL 2020-09-13 10:28:29

The securities regulator has not yet published its annual report for the fiscal year (FY) 2018-19 despite another fiscal year -- 2019-20 -- gone on June 30, 2020. The officials of the Bangladesh Secu...

Bangladesh must ensure periodic review, suggest experts

Bangladesh must ensure periodic review, suggest experts

FE REPORT 2020-09-13 09:56:27

Speakers during a virtual consultation have suggested that Bangladesh should ensure periodic review of the UN-binding treaty on business and human rights. They also called for involving three types o...

BSEC to clarify role of independent directors soon

BSEC to clarify role of independent directors soon

FE REPORT 2020-09-13 09:20:44

The securities regulator will continue its crackdown on unscrupulous persons who are out to gobble up investors' hard-earned money through various deceitful acts. The warning came from chairman of th...

New taxpayers to get Tk 2,000 discount on first online return submission

New taxpayers to get Tk 2,000 discount on first online return submission

-- 2020-09-12 17:30:30

The new taxpayers will enjoy a Tk 2,000 discount for submission of income tax returns through online. The National Board of Revenue (NBR) has made the decision to encourage online return submission,...

Stocks head high amid growing confidence

Stocks head high amid growing confidence

BABUL BARMAN 2020-09-12 10:02:46

Stock prices are soaring with the core index of the major bourse hitting a 12-month high in the outgoing week as investors put fresh stakes in stocks amid high expectation. Week-on-week, DSEX, the ke...

Current account returns to surplus in July

Current account returns to surplus in July

JASIM UDDIN HAROON 2020-09-12 09:41:18

The country's current account balance registered a surplus of approximately US$2.0 billion in July last against a deterioration of over $100 million a year earlier. This is mainly because of higher i...

Remittance incentive allowed from Jul'19

Remittance incentive allowed from Jul'19

FE REPORT 2020-09-11 09:28:50

Bangladesh Bank (BB) on Thursday said that expatriate workers serving with shipping or airlines owned by Bangladeshi or foreigners can enjoy cash incentives on remittance effective from July, 2019....

ADB approves $50m loans to fund, implement PPP infrastructure projects in Bangladesh

ADB approves $50m loans to fund, implement PPP infrastructure projects in Bangladesh

-- 2020-09-10 18:35:27

The Asian Development Bank (ADB) on Thursday confirmed US$50 million loans to promote, fund, and implement public-private partnership (PPP) infrastructure projects in Bangladesh.  The Manila-bas...

Govt counts on Tk 1.03t stimulus packages to offset COVID-19 shock

Govt counts on Tk 1.03t stimulus packages to offset COVID-19 shock

-- 2020-09-10 17:58:56

The government is relying on its declared Tk 1.03 trillion stimulus packages for various sectors to offset the COVID-19 shock and bring back normalcy in overall economic activities for calculating rel...

DSEX crosses 5,000-mark after 12 months

DSEX crosses 5,000-mark after 12 months

FE ONLINE REPORT 2020-09-10 15:55:41

The prime index of the country’s major bourse crossed the 5,000-mark after one year on Thursday as investors kept showing their buying binge riding on regulatory moves and gradual impr...

Stocks open positive amid low turnover

Stocks open positive amid low turnover

FE ONLINE REPORT 2020-09-10 11:45:41

Stocks on both the bourses witnessed marginal gains in the early trading on Thursday as bargain hunters continued their buying binge on sectors sector-wise issues amid gradual improvement of economic...

New method to fix green financing rate

New method to fix green financing rate

FE REPORT 2020-09-10 09:48:59

The central bank on Wednesday introduced a new computation methodology to find the rate of green financing by banks and non-bank financial institutions. The new methodology will help reduce the over...