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The Financial Express

Search results for: Bangladesh

United Power tops gainers' list

United Power tops gainers' list

FE Report 2019-08-26 10:29:57

United Power Generation & Distribution Company (UPGDC) topped the chart of top 10 gainers following investors' increased participation. The company featured a turnover of Tk 178.60 million on Sun...

'Govt won't refinance state-owned commercial banks anymore'

'Govt won't refinance state-owned commercial banks anymore'

-- 2019-08-25 20:07:56

The government will not refinance the state-owned commercial banks -- Sonali Bank Ltd, Rupali Bank Ltd, Agrani Bank Ltd and Janata Bank Ltd -- anymore to address their capital crunch. Finance Ministe...

DSE to pay homage to Bangabandhu Monday

DSE to pay homage to Bangabandhu Monday

FE Online Desk 2019-08-25 16:51:40

Dhaka Stock Exchange (DSE) will hold a doa mahfil and discussion meeting to pay homage to Bangabandhu Sheikh Mujibur Rahman to mark his 44th death anniversary on Monday on the premises of DSE. Seni...

Four Z-category cos under DSE scanner

Four Z-category cos under DSE scanner

FE Report 2019-08-25 10:42:33

The country's premier bourse will inspect the business affairs of four 'Z' category companies which failed to declare dividends for a period of last five years. In last week, the Bangladesh Securit...

Bangladesh gets $2.5m export order from Canada exhibition

Bangladesh gets $2.5m export order from Canada exhibition

-- 2019-08-24 20:23:56

Bangladesh readymade garment (RMG) industry has received around $2.50 million export order from the apparel sourcing exhibition, titled Apparel Textile Sourcing Canada (ATSC), held in Toronto of Canad...

Weekly review: Stocks ride four-week winning streak

Weekly review: Stocks ride four-week winning streak

Babul Barman 2019-08-24 10:41:15

Stocks maintained their gaining streak for the fourth straight week that ended on Thursday, with investors showing their appetite for June year-end companies' shares. It was also the first week after...

United Power lights up weekly turnover chart

United Power lights up weekly turnover chart

FE Report 2019-08-24 10:36:24

Ten most traded companies accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with the United Power Generation & Distribution Company bagging the top...

Ring Shine IPO subscription opens tomorrow

Ring Shine IPO subscription opens tomorrow

FE Report 2019-08-24 10:34:38

The initial public offering (IPO) of shares in Ring Shine Textiles Ltd. will open for subscription tomorrow (Sunday), as the company aims to raise a fund of Tk 1.50 billion from the stock market. The...

Minister urges Brazil to slash 35pc import duty

Minister urges Brazil to slash 35pc import duty

-- 2019-08-23 20:20:09

Commerce Minister Tipu Munshi requested the Brazilian government to reduce the existing 35 per cent import duty, so that Bangladeshi readymade garments (RMG) and other items can enter its market. &ld...

Stocks rebound following single-day break

Stocks rebound following single-day break

FE Online Report 2019-08-22 17:00:56

Stocks rebounded on Thursday, after a single-day break, as some investors showed their buying binge on sector-wise shares. The market opened on upward trend and the key index of the major bourse rose...

Shasha gets BB nod to remit acquired money to EOS Textile

Shasha gets BB nod to remit acquired money to EOS Textile

FE Online Report 2019-08-22 15:02:02

The Shasha Denims has received the Bangladesh Bank’s permission to remit EOS Textile Mills the acquired money amounting to Tk 1.11 billion, said an official disclosure on Thursday. The centra...

Tenure of six more MFs extended for another 10 yrs

Tenure of six more MFs extended for another 10 yrs

FE Online Report 2019-08-22 12:15:39

The tenure of six more closed-end mutual funds, managed by LR Global Bangladesh Asset Management Company, has been extended for another 10 years each, according to an official disclosure on Thursday....

DSE, CSE witness upward trend in early trading

DSE, CSE witness upward trend in early trading

FE Online Report 2019-08-22 11:41:46

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Thursday as investors were showing their buying appetite on sector-wise issues. Following the pr...

Govt borrows Tk 230b from banks in 35 days

Govt borrows Tk 230b from banks in 35 days

Siddique Islam 2019-08-22 10:57:56

The government borrowed nearly Tk 230 billion from the country’s banking system in the first 35 days of the current fiscal year (FY), 2019-20, to finance its budget deficit partly, officials sai...

BIDA launches massive hunt for entrepreneurs

BIDA launches massive hunt for entrepreneurs

-- 2019-08-21 21:19:20

The Bangladesh Investment Development Authority  (BIDA) has launched an innovative campaign across the country to bring out potential entrepreneurs for fostering investments and generating jobs....

Stocks slip into red after choppy session

Stocks slip into red after choppy session

FE Online Report 2019-08-21 16:08:16

Stocks slipped into the red on Wednesday, snapping a four-day gaining streak, as investors booked some profits on sector-wise shares. Market analysts said some investors preferred booking profit on s...

Bourses open with gains

Bourses open with gains

FE Online Report 2019-08-21 11:18:07

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Wednesday as investors were showing their buying appetite on sector-wise issues. Following the p...

Inflation inches up in July

Inflation inches up in July

FE Report 2019-08-21 10:07:08

The country's point-to-point inflation was recorded at 5.62 per cent in July, the first month of the current fiscal year (FY), 2019-20, showing a rising trend, according to official data. In July...

Stocks end flat amid cautious trading

Stocks end flat amid cautious trading

FE Online Report 2019-08-20 16:28:55

Stocks ended almost flat on Tuesday after volatile trading as investors booked some profits with cautious positioning. Market analysts said some investors preferred booking profit on stocks that saw...

Confidence Power Rangpur starts commercial operation

Confidence Power Rangpur starts commercial operation

FE Online Report 2019-08-20 12:40:23

The Confidence Power Rangpur Ltd, a 99 per cent subsidiary of Confidence Power Holdings Ltd, has started commercial operation from August 12, said an official disclosure on Tuesday. The Confidence Po...

Stocks open higher on both bourses

Stocks open higher on both bourses

FE Online Report 2019-08-20 11:44:29

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Tuesday as investors continued their buying appetite on sector-wise issues. Following the previo...

Many general insurance companies witness EPS rise in Jan-June

Many general insurance companies witness EPS rise in Jan-June

FE Report 2019-08-20 11:27:57

The earnings of most of the listed general insurance companies rose in the first half (H1) of 2019 compared to that of the corresponding period of last year. According to un-audited financial stateme...

$500m infrastructure investment fund likely

$500m infrastructure investment fund likely

Syful Islam 2019-08-20 10:47:03

A US$500 million fund is likely to be created with contributions from the government, bourses, banks and financial institutions to invest in various infrastructures, officials said. The private s...

FY'19 trade gap narrows

FY'19 trade gap narrows

Asjadul Kibria 2019-08-20 09:44:49

The country's merchandise trade deficit with the rest of the world narrowed in the past fiscal year (FY'19), despite slight rise in imports, the central bank said on Monday. The latest statistics sho...

Stocks keep gaining, turnover soars 49pc

Stocks keep gaining, turnover soars 49pc

FE Online Report 2019-08-19 16:54:23

Stocks posted a marginal gain for the third straight session on Monday as optimistic investors continued their buying binge on June-closing shares. DSEX, the prime index of the Dhaka Stock Exchange (...

Stocks witness gains in early trading

Stocks witness gains in early trading

FE Online Report 2019-08-19 11:31:50

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Monday as investors were showing their buying appetite on sector-wise issues. Following the prev...

Stocks post a modest gain after nine-day Eid vacation

Stocks post a modest gain after nine-day Eid vacation

FE Online Report 2019-08-18 16:00:50

Stocks posted a modest gain on Sunday, the first trading session after a nine-day Eid holiday, as investors were active on sector specific shares. Trading and official activities on the bourses remai...

Korea keen to invest in 10 PPP projects

Korea keen to invest in 10 PPP projects

Munima Sultana 2019-08-18 10:21:12

Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements. However, Bangladesh sought...

MNCs rule the roost in distributing dividends

MNCs rule the roost in distributing dividends

FE Report 2019-08-18 10:07:41

The listed multinational companies (MNCs) have continued their dominance in distributing dividends. The MNCs were the majority in the chart of top 20 listed companies which distributed dividends for...

Farmers, economy face onslaught

Farmers, economy face onslaught

Sajibur Rahman 2019-08-17 17:25:15

Outbreak of severe foot and mouth disease (FMD) of cattle across the country has been severely causing immense economic loss to the farmers as it is increasing drastically year-on-year basis, accordin...