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The Financial Express

Search results for: Bangladesh

Trading on DSE, CSE resumes tomorrow

Trading on DSE, CSE resumes tomorrow

FE Report 2019-08-17 11:02:54

Trading and official activities on both the bourses of the country will resume tomorrow (Sunday) after a nine-day Eid-ul-Azha holiday, officials said. Trading hours on the Dhaka Stock Exchange (DSE)...

Berger Paints posts steady growth in revenue, profitability

Berger Paints posts steady growth in revenue, profitability

Babul Barman 2019-08-17 10:59:07

Berger Paints Bangladesh Limited witnessed a consistent growth in revenue and profitability, registering a net profit growth of 16.84 per cent for the year ended on March 31, 2019. The multinational...

Tk 4.95b farm loans of six SoBs stuck in court cases

Tk 4.95b farm loans of six SoBs stuck in court cases

FE Report 2019-08-17 10:51:42

At least Tk 4.95 billion (495 crore) of six state-owned banks (SoBs) remained stuck against 157,273 cases filed to recover the money from farm loan borrowers, statistics show. Between January 1991 an...

Govt moves to allow all banks to handle Challan transactions

Govt moves to allow all banks to handle Challan transactions

Jasim Uddin Haroon 2019-08-17 10:15:51

All the 59 commercial banks are likely to be allowed to handle "challan" that serves as the biggest instrument of submitting money to the public exchequer. The Finance Division, which has been work...

Most NBFIs see EPS decline in H1

Most NBFIs see EPS decline in H1

FE Report 2019-08-16 11:24:16

Most listed non-bank financial institutions (NBFIs) have witnessed their earnings per share (EPS) decline in the January-June period of this year, compared to the same period of the previous year....

10 firms account for 45pc market-cap of DSE

10 firms account for 45pc market-cap of DSE

FE Report 2019-08-16 11:20:25

Ten listed companies accounted for 45 per cent of total market capitalisation of the Dhaka Stock Exchange (DSE) as of June this year, thanks to their strong performance. Grameenphone (GP), the lone...

Govt drafts policy to curb FDI in tobacco industry

Govt drafts policy to curb FDI in tobacco industry

Syful Islam 2019-08-16 10:46:46

The government is planning to restrict foreign direct investments (FDI) in the tobacco sector so that the supply of the harmful elements can be curtailed, officials said. The draft National Tobacco C...

WB suggests exploring new lending option

WB suggests exploring new lending option

FHM Humayan Kabir 2019-08-16 10:39:59

The World Bank (WB) has suggested Bangladesh avail new funding opportunity -- 'credit guarantee' -- for financing the country's development projects, officials said. Borrowing money for the credit gu...

Over 90pc businesses risk losing BINs

Over 90pc businesses risk losing BINs

Doulot Akter Mala 2019-08-16 10:36:41

Some 150,000 businesses accounting for over 90 per cent risk losing identification numbers for the non-compliance with the revenue board's directive to update their VAT registration information within...

Remittance inflow reaches $716m in nine days before Eid

Remittance inflow reaches $716m in nine days before Eid

-- 2019-08-15 21:59:48

Expatriate Bangladeshis have sent home an increased amount of money home before the Eid-ul-Azha, taking the figure in the first nine days of August to $716.2 million. Bankers also believe the governm...

Most MNCs witness EPS surge in H1

Most MNCs witness EPS surge in H1

Babul Barman 2019-08-15 11:40:42

The earnings per share (EPS) of most of the multinational companies (MNCs) listed with the country's capital market increased in the first half (H1) of this year compared to the same period in the pre...

Ring Shine Textile's subscription opens on August 25

Ring Shine Textile's subscription opens on August 25

FE Report 2019-08-15 11:33:19

The public subscription of Ring Shine Textiles Ltd is set to begin on August 25, aiming to raise a capital worth Tk 1.50 billion from the stock market. The textile company's initial public offering (...

Plan to reconcile revenue collection data faces blow

Plan to reconcile revenue collection data faces blow

Doulot Akter Mala 2019-08-15 10:39:12

The effort to reconcile data of aggregate revenue collection between revenue board and Controller General of Accounts (CGA) faced a blow due to flaws in the accounts system, known as 'iBAS++'. Offici...

Top ten firms hold 45pc market-cap of DSE

Top ten firms hold 45pc market-cap of DSE

FE Online Report 2019-08-13 10:45:31

Top ten listed companies accounted for 45 per cent of the Dhaka Stock Exchange's (DSE) total market capitalisation as of June, this year thanks to strong performance. Grameenphone (GP), the lone list...

IPO subscription of Ring Shine Textiles to open Aug 25

IPO subscription of Ring Shine Textiles to open Aug 25

FE Online Report 2019-08-12 12:57:49

The IPO subscription of Ring Shine Textiles Limited is set to begin August 25, aiming to raise a capital worth Tk 1.50 billion from the capital market. The Textile company’s initial public offe...

Most MNCs witness EPS rise in H1

Most MNCs witness EPS rise in H1

FE Online Report 2019-08-12 09:56:10

The earnings per share (EPS) of most of the multinational companies (MNCs) listed with the country's capital market increased in the first half (H1) of this year compared to the same period in the pre...

Govt plans another pipeline to import LNG from India

Govt plans another pipeline to import LNG from India

-- 2019-08-11 17:54:33

Bangladesh has taken a plan to set up another pipeline to import LNG from India to feed Sunderban Gas Distribution Company. The pipeline will be install near Satkhira border. The new pipeline will s...

Samata Leather’s P/E ratio highest among listed cos

Samata Leather’s P/E ratio highest among listed cos

FE Online Report 2019-08-11 15:20:21

The price-earnings (P/E) ratio of Samata Leather Complex Ltd is hitting the highest level among listed companies on the Dhaka Stock Exchange (DSE) in June 2019, meaning the stock is overpriced. The t...

Al-Haj Textile's factory lay-off period extended

Al-Haj Textile's factory lay-off period extended

FE Online Report 2019-08-11 12:15:26

Al-Haj Textile Ltd has further extended their factory lay-off period for another 15 days until August 23, 2019, said an official disclosure. This is the third time the company has extended its factory...

Most NBFIs witness EPS fall in H1

Most NBFIs witness EPS fall in H1

FE Online Report 2019-08-11 11:14:22

Earnings per share (EPS) of most of the listed non-bank financial institutions (NBFIs) fell in January-June period of this year compared to the same period of the previous year. EPS is the portion of...

Weekly analysis: Stocks climb for third straight week

Weekly analysis: Stocks climb for third straight week

Babul Barman 2019-08-10 11:20:00

Stocks extended gains for the third consecutive week that ended on Thursday, as investors went on a buying binge amid post-Eid positive expectations. Market analysts said retail investors took fresh...

United Power Generation tops weekly turnover chart

United Power Generation tops weekly turnover chart

FE Report 2019-08-10 11:17:56

The United Power Generation and distribution Company generated the highest turnover of Tk 1.70 billion on the Dhaka Stock Exchange (DSE) in the outgoing week. The power generation company topped th...

BFIU beefs up steps to cut trade-based capital flight

BFIU beefs up steps to cut trade-based capital flight

Siddique Islam 2019-08-10 09:41:31

Bangladesh has initiated a coordinated effort to battle trade-based money laundering, thus mitigating the risks of frauds and forgeries in the banking sector, officials said. Trade-based money launde...

NBL approves 10pc stock dividend

NBL approves 10pc stock dividend

FE Online Desk 2019-08-09 17:04:16

The 36th Annual General Meeting of National Bank Limited was held recently at Radisson Blu Water Garden Hotel, Dhaka. Zainul Haque Sikder, chairman of the Bank, presided over the meeting. The AG...

United Power sees highest turnover

United Power sees highest turnover

FE Report 2019-08-09 10:44:46

Ten most traded companies accounted for 28 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the United Power Generation & Distribution Company grabbing the top spot on...

DSEX crosses 5,200-mark again

DSEX crosses 5,200-mark again

FE Online Report 2019-08-08 15:48:02

Stocks posted marginal gain on Thursday, the last trading session before nine-day Eid vacation, with key index crossed the 5,200-mark after one month. DSEX, the prime index of the Dhaka Stock Exchang...

Nine more MFs tenure extended another 10 years

Nine more MFs tenure extended another 10 years

FE Online Report 2019-08-08 12:17:18

The tenure of nine more closed-end mutual funds, managed by Bangladesh RACE Management, have been extended for another 10 years each, said an official disclosure on Thursday. Closed-end mutual funds...

Fareast Life Insurance recommends 20pc cash dividend

Fareast Life Insurance recommends 20pc cash dividend

FE Online Report 2019-08-08 11:55:51

The board of directors of Fareast Life Insurance Company has recommended 20 per cent cash dividend for the year ended on December 31, 2018, according to an official disclosure on Thursday. The final...

Stocks post slight gain at opening

Stocks post slight gain at opening

FE Online Report 2019-08-08 11:50:38

Stocks posted a slight gain in early trading on Thursday as investors were active both sides of trading fence ahead of Eid festival. Today is the last trading day on the bourses as the bourses will r...

JMI Syringe's share price jumps 60pc in 3-month

JMI Syringe's share price jumps 60pc in 3-month

FE Report 2019-08-08 11:43:27

The share price of JMI Syringes soared 60 per cent or Tk 192 each in the past three months without having any undisclosed price sensitive information. The medical devices manufacturer's share price s...