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The Financial Express

Search results for: Bangladesh

Five more banks recommend dividend

Five more banks recommend dividend

FE Online Report 2019-05-02 13:13:03

The board of directors of five more banks have recommended dividend while two banks declared No dividend the year ended on December 31, 2018, according to official discourses on Thursday. Southeast B...

'ADB support for BD to continue after LDC graduation'

'ADB support for BD to continue after LDC graduation'

FHM Humayan Kabir from Nadi, Fiji 2019-05-02 13:05:36

The Asian Development Bank will extend its support to Bangladesh even after its graduation to a developing country, said its president Takehiko Nakao on Thursday. Praising Prime Minister Sheikh Hasin...

NCC Bank recommends 10pc dividend

NCC Bank recommends 10pc dividend

FE Online Report 2019-05-02 12:42:39

The board of directors of National Credit and Commerce (NCC) Bank has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the...

SIBL recommends 10pc stock dividend

SIBL recommends 10pc stock dividend

FE Online Report 2019-05-02 12:40:41

The board of directors of Social Islami Bank Ltd (SIBL) has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

ONE Bank recommends 10pc dividend

ONE Bank recommends 10pc dividend

FE Online Report 2019-05-02 12:36:53

The board of directors of ONE Bank Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general m...

Stocks start new month on positive note

Stocks start new month on positive note

FE Online Report 2019-05-02 12:34:42

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as some investors are showing their buying appetite. Following the previous day’s positive t...

Rupali Bank recommends 10pc stock dividend

Rupali Bank recommends 10pc stock dividend

FE Online Report 2019-05-02 11:45:46

The board of directors of Rupali Bank Ltd has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general me...

Nuclear energy can play instrumental role in achieving Agenda 2030: Momen

Nuclear energy can play instrumental role in achieving Agenda 2030: Momen

-- 2019-05-01 22:07:15

  Permanent Representative (PR) of Bangladesh to the UN Ambassador Masud Bin Momen has said nuclear energy can play an instrumental role in achieving the Sustainable Development Goals, reports U...

BD needs to enhance project implementation capacity: ADB

BD needs to enhance project implementation capacity: ADB

FHM Humayan Kabir from Nadi, Fiji 2019-05-01 18:51:01

The Asian Development Bank (ADB) on Wednesday said Bangladesh needs to enhance its project implementation capacity to get extended financial support from the bank. “Bangladesh is doing well in...

Coppertech to allocate 20m IPO shares

Coppertech to allocate 20m IPO shares

FE Report 2019-05-01 16:07:38

Coppertech Industries will allocate 20 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Tuesday. The lottery draw was held at 10:30am at The AGB C...

NBR turns down plea for tax cut

NBR turns down plea for tax cut

Syful Islam 2019-05-01 15:48:17

The National Board of Revenue (NBR) has turned down a fresh plea for exempting Japanese companies from tax and value-added tax (VAT), sources said. The firms cannot be tax-exempt if engaged in the of...

PM warns of stern action for playing game with share market

PM warns of stern action for playing game with share market

-- 2019-05-01 14:51:50

Prime Minister Sheikh Hasina told the parliament Tuesday punitive action would be taken if anyone tries to play game with the share market as turnover on the Dhaka Stock Exchange continued to fall ove...

Interest rate spread remains high despite BB close monitoring

Interest rate spread remains high despite BB close monitoring

Siddique Islam 2019-05-01 10:09:15

Interest rate spread in the country's banking sector remained unchanged in March as the commercial banks increased their interest rates equally on both deposit and lending, officials said.  The...

IFIC Bank recommends 10pc stock dividend

IFIC Bank recommends 10pc stock dividend

FE Online Report 2019-04-30 21:32:44

The board of directors of IFIC Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the annual general meeting...

No new IPO proposal until amendment of public issue rules

No new IPO proposal until amendment of public issue rules

-- 2019-04-30 20:08:20

Bangladesh Securities and Exchange Commission (BSEC) will not accept any new initial public offering (IPO) proposal until it amends public issue rules. The stock market regulator took the decision at...

Old Dhaka chemical warehouses to be relocated at Shyampur temporarily 

Old Dhaka chemical warehouses to be relocated at Shyampur temporarily 

-- 2019-04-30 17:54:00

The government is set to take up a project to construct 54 chemical warehouses at Kadamtoli in Shyampur for temporarily relocating chemical depots from Old Dhaka. The approval for the project came up...

Standard Insurance recommends 10pc dividend

Standard Insurance recommends 10pc dividend

FE Online Report 2019-04-30 15:53:58

The board of directors of Standard Insurance Company Ltd has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the an...

City General Ins recommends 5.0pc dividend

City General Ins recommends 5.0pc dividend

FE Online Report 2019-04-30 15:52:16

The board of directors of City General Insurance Company Limited has recommended 5.0 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come durin...

Stocks rebound on BSEC move

Stocks rebound on BSEC move

FE Online Report 2019-04-30 15:49:43

Stocks rebounded on positive terrain on Tuesday, snapping a two-day sharp fall, ridding on stock market regulator’s positive steps. Market analysts said some investors showed buying appetite af...

Mutual Trust Bank recommends 11pc div

Mutual Trust Bank recommends 11pc div

FE Online Report 2019-04-30 14:43:10

The board of directors of Mutual Trust Bank (MTB) Limited has recommended 11 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the a...

BRAC Bank approves 15pc stock dividend

BRAC Bank approves 15pc stock dividend

FE Online Desk 2019-04-30 14:03:27

The board of directors of BRAC Bank Limited has approved 15 per cent stock dividend for the year 2018. The final approval of the dividend came during the 20th Annual General Meeting (AGM) of the bank...

'Get land pricing right to make SEZs viable'

'Get land pricing right to make SEZs viable'

FE Report 2019-04-30 09:55:34

Experts at a discussion have suggested the revision of land prices, development of human resources and inclusion of small and medium enterprises in special economic zones (SEZs) to get the desired out...

Finance minister forecasts 8.13pc GDP growth in current fiscal

Finance minister forecasts 8.13pc GDP growth in current fiscal

-- 2019-04-29 21:29:55

Finance Minister AHM Mustafa Kamal has said Bangladesh would achieve record 8.13 per cent gross domestic product (GDP) growth in the current fiscal year. The minister also expressed satisfaction over...

Coppertech to hold IPO lottery draw Tuesday

Coppertech to hold IPO lottery draw Tuesday

FE Online Report 2019-04-29 20:06:23

Coppertech Industries will hold initial public offering (IPO) lottery draw on Tuesday to allocate 20 million ordinary shares among the successful applicants, officials said. The lottery draw will be...

Non-food inflation rose in Q2 of FY19

Non-food inflation rose in Q2 of FY19

-- 2019-04-29 19:21:05

Finance Minister AHM Mustafa Kamal on Monday admitted that non-food inflation in the second quarter of the current fiscal (FY19) has increased. He made the statement while placing the report on budge...

DSEX tumbles to 28 months low

DSEX tumbles to 28 months low

FE Online Report 2019-04-29 15:30:07

The prime index of the major bourse tumbled to nearly 28 months low on Monday amid lack of investors’ confidence to the ongoing bearish capital market. DSEX, the prime index of the Dhaka Stock...

Retail investors staging token hunger strike

Retail investors staging token hunger strike

FE Online Report 2019-04-29 12:47:25

A group of aggrieved retail investors are staging a token hunger strike in front of the Dhaka Stock Exchange (DSE) building on Monday in protest against inaction of the authorities concerned on the ma...

Republic Ins recommends 10pc dividend

Republic Ins recommends 10pc dividend

FE Online Report 2019-04-29 11:56:17

The board of directors of Republic Insurance Company Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during th...

Eastern Insurance recommends 20pc div

Eastern Insurance recommends 20pc div

FE Online Report 2019-04-29 11:53:42

The board of directors of Eastern Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the...

Federal Ins recommends 5.0pc dividend

Federal Ins recommends 5.0pc dividend

FE Online Report 2019-04-29 11:50:58

The board of directors of Federal Insurance Company Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the dividend will come during th...