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The Financial Express

Search results for: Bangladesh

Trading on bourses remain closed today

Trading on bourses remain closed today

FE Report 2019-02-28 11:39:03

The trading at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed today (Thursday) due to the City Corporation Election. “As the government has declared on Thursd...

GSK's earnings plummet on pharma unit closure

GSK's earnings plummet on pharma unit closure

FE Report 2019-02-28 10:55:06

GlaxoSmithKline Bangladesh's incurred a huge loss in the year ended on December 31, 2018 because of the closure of its pharmaceuticals unit in the country. The British drug-maker's earnings per share...

BSEC steps up crackdown on delinquent brokers

BSEC steps up crackdown on delinquent brokers

Mohammad Mufazzal 2019-02-28 09:26:04

The securities regulator has reinforced its action against stock brokers who have mishandled investors' funds, a senior official has said. The Bangladesh Securities and Exchange Commission (BSEC) got...

400KV power transmission line project gets ECNEC nod

400KV power transmission line project gets ECNEC nod

-- 2019-02-27 17:39:15

The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved a big project to set up double-circuit 400KV transmission lines to extend the high voltage power transmission inf...

DSXE slumps to nearly two-month low

DSXE slumps to nearly two-month low

FE Online Report 2019-02-27 15:36:20

The prime index of the Dhaka Stock Exchange (DSE) fell to nearly two-month low on Wednesday as cautious investors continued their selling binge on sector-wise shares. Market analysts said investors w...

GlaxoSmithKline recommends 530pc div

GlaxoSmithKline recommends 530pc div

FE Online Report 2019-02-27 12:32:26

The board of directors of GlaxoSmithKline Bangladesh Limited has recommended 530 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the an...

Stocks descend in early trading

Stocks descend in early trading

FE Online Report 2019-02-27 12:00:01

Stocks witnessed downward trend after first hour of trading on Wednesday as cautious investors continued their selling binge on sector-wise issues. Following the previous day’s modest correctio...

BSEC to 'freeze' BO accounts of Emerald Oil sponsors, directors and top officials

BSEC to 'freeze' BO accounts of Emerald Oil sponsors, directors and top officials

FE Report 2019-02-27 10:48:03

The securities regulator has decided to 'freeze' the BO (beneficiary owner's) accounts of the sponsors, directors and four top officials of Emerald Oil Industries for not submitting the company's fina...

‘Ethical politics prerequisite for ethical financial system’

‘Ethical politics prerequisite for ethical financial system’

FE Report 2019-02-27 10:44:51

Only an ethical political system can ensure an ethical banking and financial system, an eminent economist has said at a lecture in the city. "A parliament that follows the principles of ethics is cri...

NPL volume swells to Tk 939.11 billion

NPL volume swells to Tk 939.11 billion

Siddique Islam 2019-02-27 09:28:05

The volume of classified loans in the country's banking system jumped by over 26 per cent or Tk 196.08 billion (19,608 crore) in the last calendar year despite close monitoring by the central bank. T...

Stocks slip into red as bank share fall

Stocks slip into red as bank share fall

FE Online Report 2019-02-26 17:18:13

Stocks slipped into the red again on Tuesday, after a single-day break, as some investors went for late hours selling binge, particularly on bank shares. Market analysts said investors were mostly on...

Thrust on strengthening  independence, capacity of  BB

Thrust on strengthening independence, capacity of BB

FE Online Desk 2019-02-26 13:40:41

The 18th Nurul Matin Memorial Lecture on Ethics in Banking was held at Bangladesh Institute of Bank Management (BIBM) on Monday. BIBM organised the lecture styled 'Ethics in Banking' at its office at...

Runner Automobiles to hold IPO lottery draw March 04

Runner Automobiles to hold IPO lottery draw March 04

FE Online Report 2019-02-26 12:35:28

Runner Automobiles is set to hold IPO lottery draw on March 04 which will allocate 13.93 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw will b...

Stocks witness mixed trend after first hour of trading

Stocks witness mixed trend after first hour of trading

FE Online Report 2019-02-26 11:54:17

Stocks on both the bourses witnessed a mixed trend after first hour of trading on Tuesday as investors were seen active on both sides of trading fence. Following the previous day’s upturn, the...

'Higher default loans to impede investment pickup'

'Higher default loans to impede investment pickup'

FE Report 2019-02-26 09:28:00

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, Monday cautioned that if left unaddressed, the problem of high-level non-performing loans in the banking sector could impede a pickup...

BB issues new policy to police offshore banking operations

BB issues new policy to police offshore banking operations

Siddique Islam 2019-02-26 09:25:12

The central bank has issued a new policy asking banks to comply with cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules for their Offshore Banking Operations. Under the new poli...

'Genome sequence disclosure to boost hilsha production'

'Genome sequence disclosure to boost hilsha production'

-- 2019-02-25 19:04:28

The disclosure of the genome sequence of the hilsa fish has created a tremendous scope of increasing production through developing the resource of the fish in the country, said State Minister for Fish...

Stocks rebound as bank shares surge

Stocks rebound as bank shares surge

FE Online Report 2019-02-25 16:16:06

Stocks rebounded on Monday, after single-day break, as some optimistic investors took position on sector-wise issues, particularly banking sector. Market analysts said stocks backed to the green as s...

Stocks rebound at opening

Stocks rebound at opening

FE Online Report 2019-02-25 11:47:44

The prices of most of the shares on both the bourses witnessed an upward trend in the early hour of trading on Monday as some investors were showing their buying appetite on sector-wise issues. Follo...

BSCCL's share price doubles in three months

BSCCL's share price doubles in three months

FE Report 2019-02-25 11:45:53

The share price of Bangladesh Submarine Cable Company Ltd (BSCCL) rose 108 per cent within three months as its earnings soared. The company's share price hit at Tk 91.70 each since November 25, last...

Prices of 20 listed cos down

Prices of 20 listed cos down

Mohammad Mufazzal 2019-02-25 09:47:56

The share prices of 20 listed companies went down below their respective offer prices despite many of the companies witnessed significant price hike after the listing. The share prices of the compani...

Experts moot idea of central financial commission

Experts moot idea of central financial commission

FE Report 2019-02-25 09:18:00

Formation of a central financial commission was suggested at a function in Dhaka Sunday to oversee allocations made in the national budget and development of tax structure to help make the budget part...

Nurul Matin Memorial Lecture today

Nurul Matin Memorial Lecture today

FE Online Desk 2019-02-24 19:14:11

The 18th Nurul Matin Memorial Lecture on “Ethics in Banking” is going to be held at 7.30pm today (Monday) at Bangladesh Institute of Bank Management (BIBM) Auditorium. Dr. Junaid Kamal Ah...

DSE daily turnover dips below Tk 6.0b-mark

DSE daily turnover dips below Tk 6.0b-mark

FE Online Report 2019-02-24 16:18:55

The daily trade turnover on the prime bourse fell below Tk 6.0 billion-mark on Sunday, hitting nearly two months low, as most investors were reluctant to make fresh investment in stocks. Turnover, a...

Finalising RADP: Govt agencies seek addl Tk 287b internal funds

Finalising RADP: Govt agencies seek addl Tk 287b internal funds

FHM Humayan Kabir 2019-02-24 14:29:59

The authorities are in a dilemma over finalising the revised annual development programme (RADP) as public agencies have sought Tk 287 billion extra from internal resources, officials said on Saturday...

United Finance to issue Tk 5.0b bond

United Finance to issue Tk 5.0b bond

FE Online Report 2019-02-24 11:57:40

The board of directors of United Finance has decided to issue non-convertible zero coupon bonds worth up to Tk 5.0 billion (in face value) to strengthen its capital base, said an official disclosure o...

Stocks open week with downturn

Stocks open week with downturn

FE Online Report 2019-02-24 11:32:38

The prices of most of the shares on both the bourses witnessed a downward trend in the early hour of trading on Sunday as some investors continued their selling binge. Following the previous week&rsq...

DSE net profit declines in last five fiscal years

DSE net profit declines in last five fiscal years

FE Report 2019-02-24 09:30:59

The net profit of the Dhaka Stock Exchange (DSE) gradually declined in last five fiscal years (FYs) as the 'trade volume' plummeted during the period. The net profit of the prime bourse declined desp...

Local govt institutions and representatives should work together

Local govt institutions and representatives should work together

FE Online Desk 2019-02-23 15:29:36

The local government institutions in Bangladesh have been carrying out a number of development projects under the head of social safety net programme (SSNP) to provide community-based services for the...

Weekly analysis: Stocks keep declining

Weekly analysis: Stocks keep declining

FE Report 2019-02-23 10:38:48

The Dhaka bourse closed the week with continued losses on Wednesday as both the broad index and turnover fell amid sustained selling pressure in some major sectors. The major sectors that witnessed p...