Search results for: Bangladesh

IPDC Finance cuts offer price for rights issues

FE Report 2019-02-12 10:28:34

IPDC Finance has revised down the offer price for the rights shares to be issued to the existing shareholders. As per the revised decision, the offer price for the rights issues will now be Tk 12 eac...

Stocks extend losses as major sector slump

FE Online Report 2019-02-11 16:21:41

Stocks extended their losing streak for the second straight sessions on Monday as risk-averse investors continued their selling binge on large-cap shares. Market analysts said stocks fell as shaky in...

IPDC recommends 15pc dividend, revises rights issue proposal

FE Online Report 2019-02-11 12:22:38

The board of directors of IPDC Finance has recommended 7.0 per cent cash and 8.0 per cent stock dividend for the year ended on December 31, 2018, said an official discourse on Monday. The board has a...

Stocks witness downward trend in early trading

FE Online Report 2019-02-11 11:19:59

The prices of most of the shares on both the bourses witnessed a downward trend in the early hour of trading on Monday as risk-averse investors continued their selling spree. Following the previous d...

Green Delta Ins recommends 20pc dividend

FE Online Report 2019-02-11 11:11:43

The board of directors of Green Delta Insurance Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018, said an official disclosure on Monday....

Prime Insurance recommends 10pc cash dividend

FE Online Report 2019-02-11 10:43:31

The board of directors of Prime Insurance Company has recommended 10 per cent cash dividend for the year ended on December 31, 2018, said an official discourse on Sunday. The final approval will come...

Some MNCs keep rallying

Mohammad Mufazzal 2019-02-11 10:35:53

Some listed multinational companies (MNCs) have witnessed a continuous rise in their share prices over the last 10 sessions. The share prices rose as high as 34.73 per cent from January 27 to Februar...

Delta Brac Housing recommends 35pc dividend

FE Online Report 2019-02-11 10:30:45

The board of directors of Delta Brac Housing Finance Corporation Limited has recommended 25 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018, said an official disco...

VAT collection hits record high at DITF

-- 2019-02-10 19:44:34

In the month-long Dhaka International Trade Fair (DITF), a record amount of Tk 70 million was collected as value added tax (VAT). The DITF ended on Saturday which witnessed an average VAT collection...

Stocks slip back to red

FE Online Report 2019-02-10 15:32:04

Stocks slipped back to the red on Sunday as risk-averse investors went on selling binge on large-cap shares. Market analysts said stocks fell as investors opted for booking profit on stocks which saw...

Premier Bank to raise lending to CMSMEs

Ismail Hossain 2019-02-10 10:47:27

Premier Bank Ltd., a leading third generation private sector bank, looks to expand its credit portfolio in the Cottage, Micro, Small and Medium Enterprises (CMSMEs) sector to 50 per cent of the total...

'Market to improve this year on stable economic growth'

FE Report 2019-02-10 10:41:45

The respondents of a survey have expressed mixed views on the capital market performance in 2018. A significant number of respondents feel that the securities regulator has capacity constraint as a r...

Weekly analysis: Stocks extend losses for second week

Babul Barman 2019-02-09 10:58:23

Stocks extended their losing streak for the second straight week that ended on Thursday as investors sold financial shares. Market analysts said most of the investors adopted a 'cautious' stance afte...

Savers walk a tightrope as NSC sales go online

Arafat Ara 2019-02-09 10:55:15

Many savers find themselves in a difficult situation while purchasing national savings certificates (NSCs) via the newly-introduced online database system. Since many of them are not familiar with...

New Line Clothings IPO subscription begins Feb 18

FE Report 2019-02-09 10:53:57

The subscription of initial public offering (IPO) of New Line Clothings is set to begin on February 18. Through the IPO, the company will raise a fund worth Tk 300 million (30 crore) from the capital...

SoEs get bounty amid worries over default

Jasim Uddin Haroon 2019-02-09 10:20:08

The pace of converting debts of state firms into equity picked up after the government implemented its new pay scale in 2015, officials said. So far, the government has converted over Tk 65 billion...

Multi-layer tax on dividend income to ease, says Kamal

FE Report 2019-02-08 12:41:38

Finance Minister AHM Mustafa Kamal said on Thursday the multi-layer taxation on dividend income would be simplified to help boost investments in the capital market. The minister's assurance came afte...

PC under stress to add fresh projects to RADP

FHM Humayan Kabir 2019-02-08 11:11:38

The Planning Commission (PC) is being pressurised to include fresh unapproved projects in the upcoming revised annual development porgrmmme (RADP) for the current fiscal year (FY), 2018-19, defying th...

DSE, CSE return to green

FE Online Report 2019-02-07 16:10:11

Stocks returned to the green on Thursday, snapping a two-day losing streak, as optimistic investors went on buying binge on large-cap shares. Market analysts said investors were active in the market...

BD trade deficit in H1 narrows slightly

-- 2019-02-07 13:57:39

Bangladesh's trade deficit narrowed slightly in the first half (H1) of the current 2018-19 fiscal year (July 2018-June 2019) on the back of an increase in exports, said a central bank official on Wedn...

RAK Ceramic recommends 20pc div

FE Online Report 2019-02-07 12:03:02

The board of directors of RAK Ceramics (Bangladesh) Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2018. The final approval will come durin...

DSE, CSE witness sharp gain in early trading

FE Online Report 2019-02-07 12:02:28

The prices of most of the shares on bourses witnessed upward trend in early hour of trading on Thursday as investors are showing buying spree on sector-wise issues. Following the previous two days&rs...

Local cement producers show mixed performance

FE Report 2019-02-07 10:48:23

The listed local cement companies showed mixed performance for the October-December period of 2018, compared to the same period of the previous year. Of the five companies, Premier Cement Mills has p...

Genex Infosys jumps 465pc in debut trading

FE Report 2019-02-07 10:34:06

Genex Infosys made a red-hot trading debut on Wednesday, as its shares jumped 465 per cent on the prime bourse despite a decline in its earnings per share (EPS). The IT company's profit after tax sto...

BD received $28b foreign investments in five years

-- 2019-02-06 20:55:56

Bangladesh received more than $28 billion in investment from 45 countries in the last five years with China investing the highest amount of $8107 million. Foreign Minister Dr AK Abdul Momen revealed...

Export earnings register 13.39pc growth in July-Jan period

-- 2019-02-06 20:25:49

The country’s export earnings maintained its positive trend with a healthy 13.39 per cent growth during the first seven months of the current fiscal year (FY19) totalling $24,179.59 million. Th...

Poland mulls investing $1.0b in mining sector

-- 2019-02-06 16:49:55

Poland’s first Deputy Minister of Energy Grzegorz Tobiszowski on Wednesday said the Polish government is ready to invest US$ 1.0 billion in Bangladesh, mainly in mining sector including coal min...

ADB approves $50m loan for microenterprise dev

-- 2019-02-06 16:06:20

The government and the Asian Development Bank (ADB) have signed an agreement for $50million in loan to promote microenterprise development for inclusive economic growth and poverty reduction. The ass...

Stocks fall, DSEX slips below 5800-mark

FE Online Report 2019-02-06 16:04:31

Stocks extended their losing streak for the second day in a row on Wednesday as risk-averse investors opted for profit-motivated sell-offs. Despite the market close lower, Genex Infosys made a flying...

Debt cancellation unit mandatory to recover write-off loans: BB

FE Online Report 2019-02-06 14:25:14

All scheduled banks in the country have to create a separate debt cancellation unit to recover write-off loans. Bangladesh Bank has issued the instruction today (Wednesday) in its latest circular on...