Search results for: Bangladesh

Proposal of determining cut-off price of Energypac Power approved

FE Report 2020-08-07 09:55:47

The securities regulator has approved the proposal of determining cut-off price of the shares of Energypac Power Generation Limited (EPGL) as part of the process of offloading shares under book buildi...

Prime Bank sees 'robust financial strength' in H1

FE DESK REPORT 2020-08-07 09:43:54

Prime Bank Limited has announced its half yearly (H1) financial results of 2020. "The bank has been able to maintain capital adequacy and liquidity position within regulatory threshold and well ahead...

Dhaka Bank approves 5.0pc cash and 5.0pc stock dividend

FE DESK REPORT 2020-08-07 09:41:38

The 25th Annual General Meeting (AGM) of Dhaka Bank Limited was held on Thursday on a digital platform according to Bangladesh Securities and Exchange Commission's direction amid the Covid-19 pandemic...

BSEC revises panel of auditors

Mohammad Mufazzal 2020-08-07 09:39:26

The securities regulator has revised the panel of auditors for listed and non-listed companies which submitted IPO proposals dropping Ahmed Mashuque & Co., a chartered accountants firm from the li...

RMG exports to major markets plunge in H1

MONIRA MUNNI 2020-08-07 09:37:20

The country's apparel exports to its major destinations, including the US, Germany, Italy and the UK, witnessed a drastic fall during the first half (H1) of current calendar year, mainly due to the on...

BCC suggests steps against anti-competitive activities

FE Report 2020-08-07 09:37:17

Bangladesh Competition Commission (BCC) has suggested taking steps against any possible anti-competitive activities for ensuring competitive allocation and spending of the government-announced stimu...

Govt’s bank borrowing more than doubles  

SIDDIQUE ISLAM 2020-08-07 09:31:35

The government's net borrowing through selling savings tools dropped by more than 71 per cent to Tk 144.28 billion in FY '20 from Tk 499.39 billion a year ago, according to official figures. A dras...

DSE, CSE extend trading time by 30 minutes

FE Online Report 2020-08-06 17:39:42

Country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have extended the trading time by 30 minutes to be effective from August 9 (Sunday). Trading at the...

Stocks extend winning streak on buying spree

FE ONLINE REPORT 2020-08-06 15:43:39

Stocks witnessed yet another buoyant session on Thursday, extending the winning streak for the 10 consecutive sessions, as optimistic investors continued their buying binge on large-cap issues amid op...

€150m AFD loan to support BD’s cash transfer programmes and Covid-19 response

FE Online Desk 2020-08-06 13:55:04

The Executive Board of the French Development Agency (Agence Française de Développement - AFD) has recently approved a Concessional Loan of 150 million euro to support the People's Repub...

ADB grants Bangladesh $3.0m to fight pandemic

-- 2020-08-06 13:13:50

The Asian Development Bank (ADB) has approved an additional $3.0 million in grant assistance for procuring urgently needed medical supplies for emergency response to the coronavirus pandemic in Bangla...

Covid-19 fallout: Govt eyes huge borrowing over three fiscal years next

UNB 2020-08-06 12:58:42

The government has planned to borrow Tk 5714.5 billion from various sources both at home and abroad over the next three fiscal years, including the running one, mainly to face the economic challenges...

Pandemic triggers big job losses in BD’s RMG sector: WTO

FE ONLINE REPORT 2020-08-06 12:18:40

The Covid-19 pandemic has triggered huge job losses, especially for women, in the ready-made garment (RMG) sector in Bangladesh exposing the sector's sensitivities by destabilising global supply chain...

Runner Auto to sign deal with Bajaj Auto

FE ONLINE REPORT 2020-08-06 11:57:36

The board of directors of Runner Automobiles is going to sign an agreement with Bajaj Auto Ltd for the authorised distributorship of KTM branded Motorcycles in Bangladesh. Bajaj Auto Ltd is one of In...

Bourses open higher with rising turnover

FE ONLINE REPORT 2020-08-06 11:24:33

The prices of most of the shares on bourses witnessed upward trend in early hour of trading Thursday as optimistic investors continued their buying appetite on sector-wise issues. Within first 30 min...

Another IPO cancelled

FE Report 2020-08-06 09:41:36

The securities regulator has cancelled the IPO (initial public offering) proposal of BD Paints after finding some inconsistencies in the company's financial statement. The incongruities detected in t...

BD emerges as 3rd largest apparel supplier to US

MONIRA MUNNI 2020-08-06 09:29:27

Bangladesh has emerged as the third largest sourcing country for the US-based apparel and fashion companies in 2020, advancing from the last year's sixth position despite the Covid-19 pandemic, acco...

DSEX exceeds 4,300-mark after five months

FE ONLINE REPORT 2020-08-05 15:38:10

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,300-mark on Wednesday after five months as optimistic investors continued their buying binge on selective issues riding on new hopes. D...

Eastern Bank declares 15pc cash dividend

FE Online Desk 2020-08-05 15:15:35

Eastern Bank Ltd (EBL) has declared 15 per cent cash dividend for the year ended on 31 December 2019. Shareholders unanimously approved the dividend at the 28th Annual General Meeting of the Bank hel...

Japan provides $330m emergency budget support

FE Online Report 2020-08-05 13:36:51

Japan will provide 330 million US dollar to Bangladesh as an Official Development Assistance (ODA) loan. In this regard Mr. ITO Naoki, Ambassador of Japan to Bangladesh, and Ms. Fatima Yasmin, Secret...

DSEX crosses 4,300-mark in early trading

FE ONLINE REPORT 2020-08-05 11:34:21

The prices of most of the shares on bourses witnessed positive trend in early hour of trading Wednesday as optimistic investors continued their buying appetite on sector-wise issues. Within first 3...

Aggrieved investors get prompt service from CCAM

Mohammad Mufazzal 2020-08-05 09:48:16

The securities regulator has settled 90 per cent complaints filed by investors in last six months through online complaint module. Investors lodged a total of 167 complaints through Customer Compla...

BD may seize opportunity as Japanese firms plan relocation: Japanese envoy

FE ONLINE DESK 2020-08-04 16:01:55

Bangladesh may grab the opportunity maintaining the business competiveness as some Japanese firms are intending to relocate their business and searching new destinations for supply chain adjustments,...

Bourses keep gaining on buying spree

FE ONLINE REPORT 2020-08-04 15:25:10

Stocks kept the winning streak for eighth straight sessions Tuesday as investors continued their buying binge on selective large-cap issues after unveiling an expansionary monetary policy. DSEX, the...

S. S. Steel to invest in Saleh Steel Industries

FE ONLINE REPORT 2020-08-04 12:28:22

The board of directors of S. S. Steel Ltd has decided to make equity investment in Saleh Steel Industries with a view to subscribe 99 per cent of its existing equity shares amounting Tk 247.50 million...

Bourses open on positive note Tuesday

FE ONLINE REPORT 2020-08-04 11:43:39

The prices of most of the shares on bourses witnessed a positive trend in the early hour of trading Tuesday as optimistic investors continued their buying appetite on sector-wise issues. The presence...

Inflow of remittances crosses $2.50b-mark in July

FE Online Report 2020-08-03 19:49:08

The inflow of remittances crossed US$ 2.50 billion-mark in July—before the celebration of Eid-ul-Azha -- highest ever the country received in a month, officials said. Remittances from Banglades...

Dr. Mahmuda Akter joins BICM as executive president

FE ONLINE DESK 2020-08-03 17:17:28

Prof Dr. Mahmuda Akter, Department of Accounting and Information Systems, University of Dhaka, has taken charge of Bangladesh Institute of Capital Market (BICM) as executive president. She submitted...

Stocks stay afloat on buying spree

FE ONLINE REPORT 2020-08-03 15:46:09

Stocks ended higher on Monday, the first session after Eid holiday, as investors continued their buying spree on large-cap issues after the central bank unveiled the expansionary monetary policy state...

Stocks open higher after Eid vacation

FE ONLINE REPORT 2020-08-03 11:23:40

The prices of most of the shares on bourses witnessed an upward trend in early hours of trading Monday, after three-day Eid holidays, as investors are showing their buying appetite on sector-wise issu...