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The Financial Express

Search results for: Bangladesh

Top 10 cos snare 35.83pc of weekly turnover

Top 10 cos snare 35.83pc of weekly turnover

FE Report 2019-04-14 18:27:23

The top 10 turnover leaders contributed 35.83 per cent to the weekly transaction featured by the Dhaka Stock Exchange (DSE) in last week. The top 10 leaders posted a total turnover of above Tk 5.99 b...

Tax collection posts slight growth in eight months

Tax collection posts slight growth in eight months

FE Report 2019-04-14 09:42:16

Tax collection grew by only 7.0 per cent during the first eight months of the current fiscal year widening the shortfall against target. Officials said that the National Board of Revenue (NBR) might...

World Bank suggests merger of commercial banks

World Bank suggests merger of commercial banks

FHM Humayan Kabir from Washington DC 2019-04-13 13:25:36

The World Bank (WB) has suggested that Bangladesh should merge the problematic commercial banks with the better performing ones. Besides, it recommended making the country's capital market vibrant, s...

Weekly analysis: DSEX sheds 624 points in 11 weeks

Weekly analysis: DSEX sheds 624 points in 11 weeks

FE Report 2019-04-13 10:22:46

The broad index of the premier bourse closed the last week sharply lower, extending the losing streak for the 11th straight week amid liquidity crunch and lack of confidence in the market. The week t...

Three banks, cement company recommend dividend

Three banks, cement company recommend dividend

FE Report 2019-04-13 10:15:26

Four listed companies have declared dividends ranging from 10 per cent to 75 per cent for the year ended on December 31, 2018. Of the companies, three are banks and the remaining one is a cement manu...

BD seeks US investments in energy sector

BD seeks US investments in energy sector

FE Report 2019-04-13 09:29:00

Bangladesh has sought US investment, especially in the energy sector under the Indo-Pacific Business Forum. The Forum is seen as a counter mechanism to China's much-hyped Belt and Road (BR) initiativ...

Ten cos account for 40pc turnover on DSE

Ten cos account for 40pc turnover on DSE

FE Report 2019-04-12 11:14:30

The ten most traded companies accounted for 40.2 per cent of the transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the United Power Generation & Distribution Company leading the tur...

Govt eyes Tk 377b non-tax revenue in next budget

Govt eyes Tk 377b non-tax revenue in next budget

Syful Islam 2019-04-12 09:42:27

The government is set to fix the target for non-tax revenue (NTR) at Tk 377 billion in the forthcoming budget. The amount is up by Tk 43 billion from current fiscal's original target and by Tk 107 bi...

BD may seek foreign aid to attain SDGs

BD may seek foreign aid to attain SDGs

FHM Humayan Kabir from Washington DC 2019-04-12 09:34:12

Bangladesh may seek financial support from global leaders to aid it in meeting sustainable development goals (SDGs) this afternoon (US local time). Finance minister AHM Mustafa Kamal will brief on hi...

DSE rebounds into positive territory

DSE rebounds into positive territory

FE Online Report 2019-04-11 19:03:27

The Dhaka Stock Exchange (DSE) rebounded in positive territory on Thursday as some investors went on buying spree on sector-specific issues but the turnover was still bellow Tk 3.0 billion-mark. On W...

Dhaka Bank recommends 10pc dividend

Dhaka Bank recommends 10pc dividend

FE Online Report 2019-04-11 18:00:44

The Board of Directors of Dhaka Bank Limited (DBL) 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 dividend will come...

EBL recommends 30pc dividend

EBL recommends 30pc dividend

FE Online Report 2019-04-11 17:18:51

The board of directors of Eastern Bank Limited (EBL) has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The final approval of dividend will come...

Interest rate swap getting popular in local financial market

Interest rate swap getting popular in local financial market

FE Report 2019-04-11 09:25:04

Interest rate swap is gradually becoming popular in the country's financial market, as many firms are showing interest on such type of derivative to avoid interest rate volatility. Swap is the exch...

CSE revises blue-chip index

CSE revises blue-chip index

FE Report 2019-04-10 10:53:03

Chittagong Stock Exchange (CSE) has revised its CSE30 index based on the performance of listed companies. The revised CSE30 index will come into effect from April 21 this year. The port city bourse r...

Stock, bond mkts can’t woo educated investors

Stock, bond mkts can’t woo educated investors

FE Report 2019-04-10 10:43:01

National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan said on Tuesday the capital and bond markets have still to attract 'educated investors'. There are speculators who remain mostly...

Non-food inflation hits consumers hard

Non-food inflation hits consumers hard

FE Report 2019-04-10 10:30:17

Non-food inflation hit the consumers hard in March this year compared to the same period in the previous year, according to the latest data released on Tuesday. On a point-to-point basis, the rate of...

Liquidity crisis blamed for panic sale of stocks

Liquidity crisis blamed for panic sale of stocks

FE Report 2019-04-10 10:26:40

The capital market has witnessed a declining trend for flight of funds to better options and panic sales by jittery investors amid a lack of confidence. DSE Brokers Association (DBA) and Bangladesh M...

NBR now hints at VAT Package

NBR now hints at VAT Package

FE Report 2019-04-10 10:23:08

The proposed new VAT law may have a 'Package VAT'-like system as the National Board of Revenue (NBR) has shifted from its position to scrap the provision. NBR chairman Md Mosharraf Hossain Bhuiyan sa...

Trade gap crosses $10 billion in July-Feb

Trade gap crosses $10 billion in July-Feb

FE Online Report 2019-04-09 19:53:23

Country’s bilateral merchandise trade gap with the rest of the world crossed $10 billion mark in the first eight months of the current fiscal year (FY19), according to the latest statistics of t...

IMF projects 7.3pc growth for BD in current year

IMF projects 7.3pc growth for BD in current year

Siddique Islam, from Washington 2019-04-09 19:43:54

The International Monetary Fund (IMF) projected a 7.30 per cent economic growth of Bangladesh in 2019. The April 2019 version of the World Economic Outlook (WEO), released on Tuesday morning  in...

Rise of food prices pushes up inflation

Rise of food prices pushes up inflation

-- 2019-04-09 17:09:53

The general inflation marked a 0.08 percentage point rise in March of the current calendar year due to price hike of different food items.   The inflation rate went up to 5.55 per cent in...

DSE resumes descent in early trading

DSE resumes descent in early trading

FE Online Report 2019-04-09 12:47:42

The Dhaka Stocks Exchange (DSE) continued the declining trend on Tuesday amid investors’ cautious stance of injecting fresh funds. The market opened the day’s session with a negative note...

BATBC grabs turnover chart on Dhaka bourse

BATBC grabs turnover chart on Dhaka bourse

FE Report 2019-04-09 10:51:43

British American Tobacco Bangladesh Company (BATBC) topped the turnover chart of the premier bourse on Monday following investors' increased participation. On the day, the company featured a turnover...

Esquire Knit makes debut

Esquire Knit makes debut

FE Report 2019-04-09 10:46:28

Esquire Knit Composite has made its debut trading today (Tuesday) on both the bourses under 'N' category. Esquire Knit Composite is the 54th listed company in textile sector which accounts for around...

NBR to scan TIN holders skirting tax returns

NBR to scan TIN holders skirting tax returns

FE Report 2019-04-09 09:37:37

The National Board of Revenue (NBR) will find out the TIN (tax-payers’ identification number) holders who are not submitting tax returns despite having taxable income, its chairman said. Mosh...

DSE descents on bearish trend

DSE descents on bearish trend

FE Online Report 2019-04-08 13:31:06

The Dhaka bourse opened the Monday’s session with a negative note and continued the declining trend for two hours amid investors’ cautious stance. Most of the securities lost prices on th...

United Power tops turnover chart

United Power tops turnover chart

FE Report 2019-04-08 10:28:09

United Power Generation and Distribution Company (UPGDC) topped the Sunday's turnover chart following investors' increased participation. On the day, the company featured a turnover of above Tk 337.6...

DSE continues fall at midday

DSE continues fall at midday

FE Online Report 2019-04-07 13:17:10

The Dhaka Stock Exchange (DSE) opened Sunday’s session with a marginal loss and continued the trend for more than two hours. DSEX, the broad index of the country's premier bourse, witnessed a c...

SBAC Bank to raise Tk 2.0 billion from stock market

SBAC Bank to raise Tk 2.0 billion from stock market

FE Report 2019-04-07 10:30:43

South Bangla Agriculture and Commerce (SBAC) Bank, has taken an initiative to raise Tk 2.0 billion from the capital market as part of fulfilling the regulatory requirement. The SBAC Bank, a fourth ge...

Thrust on cut in approval time for IPO proposals

Thrust on cut in approval time for IPO proposals

FE Report 2019-04-07 10:23:17

Discussants at a seminar on Saturday stressed the need for reducing the time of approving IPO (initial public offering) proposals to help well-performing companies fulfil their target of raising capit...