Search results for: Bangladesh

Weekly analysis: Stocks keep losing for 12 straight weeks

Babul Barman 2019-04-20 11:14:32

Stocks extended their losing streak for the 12 straight weeks that ended on Thursday as investors continued their selling binge to avoid further loss amid ongoing gloomy market. Market analysts cited...

Six cos recommend dividend last week

-- 2019-04-20 11:09:57

The board of directors of six more companies have recommended dividend up to 700 per cent for the year ended on December 31, 2018, last week. Reckitt Benckiser: The board of directors of Reckitt Benc...

Current account deficit could snowball into financial sector

Jasim Uddin Haroon 2019-04-20 09:18:42

The persistent current account deficit may now put strain on key macroeconomic indicators and experts say it could snowball into the financial arena. The current account deficit soared to US$1.7 bill...

DSE proposes ceiling on pre-IPO placement shares

Mohammad Mufazzal 2019-04-19 10:39:20

The country's premier bourse has made a set of proposals including a provision for putting a cap on issuing pre-IPO (initial public offering) placement shares to ensure discipline in the capital marke...

City Bank declares 11pc dividend

FE Report 2019-04-19 10:30:07

The board of directors of the City Bank has recommended 6.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The bank will hold its annual general meeting (AGM)...

'Poverty, limited rural jobs crimp SDG attainment'

FE Report 2019-04-19 10:25:11

A deepening cycle of hunger and malnutrition, persistent poverty, limited economic opportunities and environmental degradation in rural areas are retarding progress in sustainable development goals (S...

Esquire price continues to decline

FE Report 2019-04-18 10:46:33

The share price of Esquire Knit Composite, which went public with premium, continues to decline and hovered below offer price within five days of debut trading. On Wednesday, the company's share pric...

Ins cos dominate top gainer’s chart

FE Report 2019-04-18 10:41:30

Insurance companies Wednesday dominated the chart of 10 gainers of the Dhaka Stock Exchange (DSE). Of top 10 gainers, seven came from insurance sector whose share prices rose ranging from 6.34 per ce...

Currency swaps rule forex mkt, cushion reserve

Jasim Uddin Haroon 2019-04-18 09:09:09

Interbank currency swaps under agreements to exchange cash flows at later dates dominate the country's foreign exchange market shielding the forex reserve to a great extent from any pressure. Banglad...

Working age population rises to 62.7 per cent

FE Online Report 2019-04-17 16:56:27

The significant rise in the country’s working age population – from 49 per cent in 1994 to 62.7 per cent in 2018 –provides a demographic dividend to the economy. This was pointed ou...

BGIC recommends 10pc dividend

FE Online Report 2019-04-17 14:19:43

The Board of Directors of Bangladesh General Insurance Company (BGIC) has recommended 10 per cent cash dividend for the year ended on December 31, 2018, said an official disclosure on Wednesday. The...

Bourses to remain closed Monday

FE Online Report 2019-04-17 14:15:16

The official activities of Dhaka Stock Exchange Limited (DSE) and Chittagong Stock Exchange Limited (CSE) will remain closed on Monday on the occasion of Holy Shab-e-Barat. According to the separate...

BB reserve heist case probe report submission on May 21

-- 2019-04-17 12:38:25

A Dhaka court has set May 21 for submitting probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016. Dhaka Metropolitan Magistrate Sadbir Yasir Ahsan Chow...

No TIN to open BO accounts

FE Report 2019-04-17 10:40:10

National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan said on Tuesday the taxpayers' identification number (TIN) will not be made mandatory for stock market investors to open beneficia...

Doreen Power acquires 99.90pc shares of Chandpur Power

FE Desk Report 2019-04-17 10:20:27

The board of Directors of Doreen Power Generations and Systems Limited in its board meeting held recently has decided to acquire 99.90 per cent shares of Chandpur Power Generations Limited. The compa...

SS Steel Limited included in DSEX

FE Desk Report 2019-04-17 10:16:44

SS Steel Limited has been included in DSEX, the core index of the prime bourse effective from April 23. The change was done in accordance with the DSE Bangladesh Index Methodology, designed and devel...

Survey on VAT payers’ satisfaction: Respondents give mixed reaction

Doulot Akter Mala 2019-04-17 10:05:02

Tax officials declined to accept relevant papers from some 43 per cent of large VAT (value added tax) payers, a survey of the revenue board has revealed. The papers that the tax payers produced were...

Stock market erosion persists

FE Report 2019-04-17 09:50:56

Turnover at the country's premier bourse plummeted to a 13-month low on Tuesday as many investors 'refrained' from taking part in transactions amid ongoing price correction. On the day, turnover at t...

BB data server at high risk of cyber attack

Syful Islam 2019-04-17 09:47:43

The data server of the central bank is found to be at high risk of a cyber attack as hackers have reportedly again installed malware there, officials have said. Malware in the central server of the B...

Paramount Insurance approves 5pc dividend

FE Online Desk 2019-04-16 12:50:28

The board of directors of Paramount Insurance Company Limited has approved 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend came during the 20th ann...

Dhaka bourse sees negative at opening

FE Online Report 2019-04-16 12:19:57

The Dhaka bourse opened the Tuesday’s session with a negative note and continued the declining trend for around one hour. Amid a free fall movement, the broad index of the Dhaka Stock Exchange...

MNCs show mixed trend in recommending dividend

FE Report 2019-04-16 10:26:58

The multinational companies (MNCs) listed with the stock exchanges have performed mixed in recommending dividend for the year ended on December 31, 2018. The amounts of dividends recommended by some...

'Two-thirds of eligible taxpayers evade tax'

FE Report 2019-04-16 10:07:02

Chairman of National Board of Revenue (NBR) Md Mosharraf Hossain Bhuiyan said Monday less than one-third of potentially eligible taxpayers in the country pay taxes. "We've currently around 40 lakh (4...

Comprehensive farm database on the cards

FE Report 2019-04-16 09:58:27

The government has planned to build a comprehensive database for the country's agriculture sector aiming to boost agricultural production and exports. "A comprehensive database will be created to mak...

NBR told to avoid 'cut-and-paste' type budget

FE Report 2019-04-16 09:43:39

The country's investment development authorities, on Monday, sought adequate policy support from the National Board of Revenue (NBR) to further promote investment while making the existing initiatives...

Only 11pc women using MFS in BD: Study

Sajibur Rahman 2019-04-15 16:28:21

Only 11 per cent of women are registered users of Mobile Financial Services (MFS) in the country while 30 per cent of men are using such services, a study has revealed. Volume or frequency of need, i...

DSE turnover dips below Tk 3.0b-mark again

FE Online Desk 2019-04-15 15:48:21

Stocks witnessed yet another bearish session on Monday with sluggish trading activities as worried investors sold shares, fearing further fall. At the end of the session, DSEX, the prime index of the...

Takaful Islami Ins recommends 11pc dividend

FE Online Report 2019-04-15 15:13:48

The Board of Directors of Takaful Islami Insurance Limited has recommended 5.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend wi...

Pragati Ins recommends 20pc div

FE Online Report 2019-04-15 14:42:25

The board of directors of Pragati Insurance Limited has recommended 13 per cent cash and 7.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come...

Cement issues see highest price correction this week

FE Report 2019-04-14 20:21:31

The cement sector witnessed the highest price correction in last week amid continuous declining trend exhibited by most of the sectors. The cement sector comprising seven companies declined 5.60 per...