Loading...
The Financial Express

Search results for: Bangladesh

Shahjalal Bank recommends 10pc div

Shahjalal Bank recommends 10pc div

FE Online Report 2019-04-25 12:37:46

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

Phoenix Insurance recommends 12pc cash dividend

Phoenix Insurance recommends 12pc cash dividend

FE Online Report 2019-04-25 12:30:50

The board of directors of Phoenix Insurance Company Limited has recommended 12 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the...

Stocks rise amid low trading

Stocks rise amid low trading

FE Online Report 2019-04-25 12:30:12

The prices of most of the shares on bourses witnessed upward trend in early trading on Thursday as some investors are showing their buying appetite. After DSE index hitting four-month low in the prev...

Islami Bank recommends 10pc cash dividend

Islami Bank recommends 10pc cash dividend

FE Online Report 2019-04-25 12:24:59

The board of directors of Islami Bank Bangladesh Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come during the ann...

BSEC yet to approve Norfund proposal to buy 10pc equity shares of MTB

BSEC yet to approve Norfund proposal to buy 10pc equity shares of MTB

FE Report 2019-04-25 10:37:53

The proposal regarding issuance of a substantial amount of shares to a foreign investment fund by Mutual Trust Bank (MTB) is yet to get regulatory approval though the bank sought permission from the B...

GP bound to pay outstanding Tk 126b: BTRC

GP bound to pay outstanding Tk 126b: BTRC

FE Report 2019-04-25 10:34:08

Bangladesh Telecommunication Regulatory Commission (BTRC) said the country's leading mobile phone operator Grameenphone has no alternative to paying Tk 125.79 billion (12,579 crore) dues unearthed thr...

Tk 5.25t budget likely

Tk 5.25t budget likely

FE Report 2019-04-25 09:14:59

The government is set to fix GDP (gross domestic product) growth target for the next fiscal year at 8.2 per cent, officials said. The total size of the budget for fiscal year 2019-20 may be around Tk...

Stocks keep losing amid low confidence

Stocks keep losing amid low confidence

FE Online Report 2019-04-24 17:00:42

Stocks extended the losing streak for the second day in a row on Wednesday, as worried investors continued their selling binge on sector-wise shares. Market analysts said dearth of quality stocks, la...

Singer AGM approves 30pc stock dividend for 2018

Singer AGM approves 30pc stock dividend for 2018

FE Online Desk 2019-04-24 13:54:24

The 39th Annual General Meeting of Singer Bangladesh Ltd. was held on April 23, 2019 at the Singer Factory, Savar, Dhaka. Dr. Fatih Kemal Ebiçlioglu, Chairman, Singer Bangladesh Limited presid...

Islamic Relief Bangladesh wins Bond Int'l Dev Award 2019

Islamic Relief Bangladesh wins Bond Int'l Dev Award 2019

FE Online Report 2019-04-24 12:38:11

Islamic Relief Bangladesh has won the Bond International Development Award 2019 in innovation category for eliminating extreme poverty of orphaned children and widows in Bangladesh. This Alternative...

Eastland Insurance recommends 12pc dividend

Eastland Insurance recommends 12pc dividend

FE Online Report 2019-04-24 11:20:56

The board of directors of Eastland Insurance Company Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the divid...

Markets down in early trading

Markets down in early trading

FE Online Report 2019-04-24 11:20:12

The prices of most of the shares on both bourses witnessed a downward trend in early trading on Wednesday as worried investors continued their selling binge. Following the previous day’s sharp...

ICB seeks Tk 9.0b under refinancing scheme

ICB seeks Tk 9.0b under refinancing scheme

Mohammad Mufazzal 2019-04-24 10:40:07

The state-run Investment Corporation of Bangladesh (ICB) has sought the fund of Tk 9.0 billion which was earlier disbursed under the refinancing scheme of the capital market. The corporation has soug...

High-profile confce on structured capital market Apr 28

High-profile confce on structured capital market Apr 28

FE Report 2019-04-24 10:22:33

A high-profile conference titled 'local capital market infrastructure financing conference' will be held in the city on April 28. Arranged by Dhaka Chamber of Commerce & Industry (DCCI), the conf...

2018 net FDI inflow at $3.61b

2018 net FDI inflow at $3.61b

FE Report 2019-04-24 09:38:28

The net inflow of foreign direct investment (FDI) in Bangladesh stood at $3.61 billion on a final count, according to the latest statistics of the central bank. Annual net FDI inflow jumped by 67 per...

Lending loans to single borrower by multiple banks rising

Lending loans to single borrower by multiple banks rising

FE Online Report 2019-04-23 21:53:30

The tendency of lending loans to a single borrower by multiple banks has marked a rise which is a negative indicator for the banking sector, according to a study. The Bangladesh Institute of Bank Man...

DSEX dips below 5,300-mark on panic sale

DSEX dips below 5,300-mark on panic sale

FE Online Report 2019-04-23 16:40:37

Stocks witnessed sharp fall on Tuesday with falling turnover as worried investors sold shares, fearing further fall. Market analysts said the finance minister’s latest remarks on capital market...

CPD questions data used in high growth estimate

CPD questions data used in high growth estimate

FE Online Report 2019-04-23 15:16:41

The Centre for Policy Dialogue (CPD) on Tuesday has questioned the authenticity of the data used in calculating a high growth estimate as it does not match with the growth of key macroeconomic indicat...

Stocks fall in early trading on selling binge

Stocks fall in early trading on selling binge

FE Online Report 2019-04-23 11:33:22

The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Tuesday as cautious investors were seen on selling binge. Following the previous day’s margin...

Capital market on right track: Finance minister

Capital market on right track: Finance minister

FE Report 2019-04-23 09:39:04

Finance minister, AHM Mustafa Kamal, said he does not see any major problem in the prevailing trend in the capital market. "I think the (capital) market is on a right track. Ups and downs in the mark...

BD economy moving on solid macro-economic stability: PM

BD economy moving on solid macro-economic stability: PM

-- 2019-04-22 21:47:01

Prime Minister Sheikh Hasina has said the economy of Bangladesh is moving on a solid macro-economic stability, vibrant private sector, and increasing trends in trade and investments. She urged the bu...

Jamuna Bank recommends 20pc cash dividend

Jamuna Bank recommends 20pc cash dividend

FE Online Report 2019-04-22 13:08:28

The board of directors of Jamuna Bank Ltd has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the annual general meeting...

Sea Pearl Beach’s public subscription opens Tuesday

Sea Pearl Beach’s public subscription opens Tuesday

FE Online Report 2019-04-22 11:57:37

The public subscription of Sea Pearl Beach Resort & Spa Limited is set to open on Tuesday (April 23), as the company aims to raise a fund worth Tk 150 million from the capital market. The subscri...

Joy urges young ICT entrepreneurs to be innovative

Joy urges young ICT entrepreneurs to be innovative

-- 2019-04-21 17:44:22

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy Sunday called upon the young information and communication technology entrepreneurs to generate their own innovative ideas to take the lead...

Stocks end almost flat after sharp rise in previous session

Stocks end almost flat after sharp rise in previous session

FE Online Report 2019-04-21 16:42:57

Stocks ended almost flat on Sunday, after a sharp rise in the previous session, as late hours selling spree wiped out early gains. Market analysts said the institutional investors followed cautious s...

BNIC recommends 12pc cash dividend

BNIC recommends 12pc cash dividend

FE Online Report 2019-04-21 16:10:18

The board of directors of Bangladesh National Insurance Company (BNIC) has recommended 12 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come duri...

Magazine highlighting BRI launched in Bangladesh

Magazine highlighting BRI launched in Bangladesh

-- 2019-04-21 15:52:28

Centre for East Asia Foundation (CEAF), a non-profit and non-political independent study circle, launched a magazine "The Belt and Road" on Saturday in Bangladesh, highlighting the great vision of The...

StanChart to help improve clients’ operating efficiency

StanChart to help improve clients’ operating efficiency

FE Report 2019-04-21 10:35:43

Lisa Robins is Global Head of Transaction Banking at Standard Chartered and a member of Corporate and Institutional Banking Management Team. Based in Singapore, she is responsible for the bank's trans...

FRC finds anomalies in companies’ financials

FRC finds anomalies in companies’ financials

Mohammad Mufazzal 2019-04-21 09:45:40

The Financial Reporting Council (FRC) has asked all listed companies and respective auditors to prepare 'accurate' and 'truthful' financial statements. The instruction followed some inconsistencies d...

BRAC Bank, Constellation AMC sign deal

BRAC Bank, Constellation AMC sign deal

FE Online Desk 2019-04-20 13:49:13

  BRAC Bank Limited and Constellation Asset Management Company Limited have signed a Custodial Service Agreement to manage the mutual fund titled “Constellation Unit Fund”.  ...