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The Financial Express

Search results for: Bangladesh

Govt's borrowing from banks on track to rise

Govt's borrowing from banks on track to rise

Siddique Islam 2019-01-17 09:09:45

The government's higher borrowing from both the central bank and commercial banks is set to pick up mainly due to revenue shortfall in recent months, officials and bankers said. The previous borrowin...

DSE, CSE return to red zone

DSE, CSE return to red zone

FE Online Report 2019-01-16 15:40:13

Stocks returned to the red zone with a marginal fall on Wednesday, after a single-day break, as investors booked quick-profit on sector-wise issues. Market analysts said stocks retreated as some inve...

Enhanced production of local cotton to benefit textile cos

Enhanced production of local cotton to benefit textile cos

FE Desk 2019-01-16 12:27:29

Bangladesh Indenting Agents' Association (BIAA) has made a plea to take required initiative to increase the production of the local cotton so that the growing demand of cotton can be met from the loca...

Shares drive gains at opening

Shares drive gains at opening

FE Online Report 2019-01-16 11:35:38

The prices of most of the shares on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying spree on sector-wise issues. Following the previous day’s u...

BSEC approves proposal of determining cut-off price of Popular Pharma

BSEC approves proposal of determining cut-off price of Popular Pharma

FE Report 2019-01-16 11:27:38

The securities regulator has approved the proposal of determining cut-off price of Popular Pharmaceuticals as part of its plan of offloading shares through book building method. The approval came on...

S S Steel makes trading debut tomorrow

S S Steel makes trading debut tomorrow

FE Report 2019-01-16 11:21:18

S S Steel Ltd will make its share trading debut on the stock exchanges tomorrow (Thursday) under the "N" category, officials said. The Dhaka Stock Exchange (DSE) trading code for the company is "SSST...

Exporters suffer blow as govt makes contract farming mandatory

Exporters suffer blow as govt makes contract farming mandatory

Yasir Wardad 2019-01-16 10:15:38

The government has made 'contract farming' mandatory for shipment of agro produce aiming to ensure the quality, said officials. The decision came as a big blow to the exporters who found themselves i...

NBR probing luxury car owners’ returns

NBR probing luxury car owners’ returns

Doulot Akter Mala 2019-01-16 10:07:50

The National Board of Revenue (NBR) is now examining the tax returns of the owners of 930 luxury cars to find out whether they have evaded tax payment on account of the vehicles. The tax authority ha...

Stocks rebound after bumpy trading

Stocks rebound after bumpy trading

FE Online Report 2019-01-15 15:12:56

Stocks rebounded in the green territory Tuesday, after a single-day break, as investors showed their buying appetite on financial issues. After witnessing volatility almost throughout the session, DS...

Stocks post marginal gain at midday

Stocks post marginal gain at midday

FE Online Report 2019-01-15 13:23:21

Stocks witnessed positive trend at midday on Tuesday as investors are active both sides of trading fence. Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE) and the Ch...

DSE restructures two price indices

DSE restructures two price indices

FE Report 2019-01-15 10:34:12

The Dhaka Stock Exchange (DSE) has restructured two price indices and added 15 companies to the benchmark index, DSEX, a move that will help gauge the market more accurately. The DSE reconstituted th...

BB seeks Tk 8.0b for ESF to fund agro-based projects

BB seeks Tk 8.0b for ESF to fund agro-based projects

FE Report 2019-01-15 10:30:20

The central bank has sought an allocation of Tk 8.0 billion for its 'Entrepreneurship Support Fund' (ESF) in the upcoming fiscal year (FY) 2019-20 for financing agro-based projects. Besides, it has p...

Profit booking pulls markets down

Profit booking pulls markets down

FE Online Report 2019-01-14 15:56:30

Stocks faced marginal correction on Monday, snapping the recent rally, as investors booked some profit on sector-wise issues. Market analysts said stocks returned to the red as a section of investors...

DSE cools off after record high

DSE cools off after record high

FE Online Report 2019-01-14 15:50:09

The Dhaka Stock Exchange (DSE) closed the Monday’s session with a marginal loss after the prime index of the main bourse—DSEX—crossed the 5,800-mark on Sunday. The DSEX crossed the...

Nahee Aluminum’s IPO project to go operation tomorrow

Nahee Aluminum’s IPO project to go operation tomorrow

FE Online Report 2019-01-14 12:11:03

Initial public offering (IPO) funded project of Nahee Aluminum Composite Panel is set to go commercial operation from tomorrow (Tuesday), officials said. The company has imported required capital mac...

DSE rebalances DSEX, DS30

DSE rebalances DSEX, DS30

FE Online Report 2019-01-14 12:09:01

The prime bourse has decided to include 15 new companies in its broad index, DSEX, and replace three companies in the blue chip index, DS30 as part of its annual and semi-annual rebalancing of the ind...

DSE, CSE shine in early trading

DSE, CSE shine in early trading

FE Online Report 2019-01-14 11:26:22

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as investors are active on sector-wise issues amid growing confidence. Following the previous day’s sh...

Five out of top 10 gainers are from 'Z' category

Five out of top 10 gainers are from 'Z' category

FE Report 2019-01-14 10:23:41

Share price of Savar Refractories, a 'Z' category stock, continued to soar despite it reported negative earnings per share and failed to pay dividend over the years. The company's share price soared...

10 cos snare 21pc of total turnover

10 cos snare 21pc of total turnover

FE Report 2019-01-14 10:21:40

Top 10 turnover leaders grabbed 20.40 per cent of the turnover featured by Dhaka Stock Exchange (DSE) on Sunday. On the day the premier bourse DSE featured a turnover of above Tk 9.73 billion. Of Tk...

'BD to be 24th economy in GDP globally by 2032'

'BD to be 24th economy in GDP globally by 2032'

FE Report 2019-01-14 09:50:00

Finance Minister A H M Mustafa Kamal hoped that Bangladesh's economy would be at 24th position in global ranking by 2032 in terms of the gross domestic product (GDP). He also said when the economy gr...

Q1 budget in surplus amid lower revenue

Q1 budget in surplus amid lower revenue

Jasim Uddin Haroon 2019-01-14 09:49:23

The current budget recorded a Tk 24.07 billion surplus during the four months to October last, though tax receipts are less-than-expected, the ministry of finance said on Thursday. Revenue income of...

DSEX crosses 5800-mark on buying spree

DSEX crosses 5800-mark on buying spree

FE Online Report 2019-01-13 17:01:18

The prime index of the major bourse exceeded the 5,800-mark after nine months as enthusiastic investors showed their buying spree on sector-wise issues. Market analysts said stocks maintained its pos...

ADB provides $200m to upgrade rural road network in BD

ADB provides $200m to upgrade rural road network in BD

FE Online Desk 2019-01-13 12:43:59

The Asian Development Bank (ADB) and the Government of Bangladesh today (Sunday) signed agreements for $200 million in loans to improve the rural road network in Bangladesh. Monowar Ahmed, Secretary,...

Bourses open week on optimistic note

Bourses open week on optimistic note

FE Online Report 2019-01-13 11:05:30

The prices of most of the shares on both bourses witnessed an upward trend in the early hour of trading on Sunday as investors continued their buying spree on sector-wise issues. Following the previo...

BBS Cables, Olympic Industries dominate weekly turnover chart

BBS Cables, Olympic Industries dominate weekly turnover chart

FE Report 2019-01-13 10:39:27

Top 10 turnover leaders featured a total transaction of above Tk 9.0 billion, snaring 18.28 per cent in last week on Dhaka Stock Exchange (DSE). The premier bourse featured a turnover of above Tk 49....

Meghna Petroleum approves 140pc cash dividend

Meghna Petroleum approves 140pc cash dividend

Our Correspondent 2019-01-13 10:27:24

CHATTOGRAM: Meghna Petroleum Ltd has approved 140 per cent cash dividend for the fiscal year (FY) 2017-18 at the company's 40th annual general meeting here on Saturday. The company’s Chairman a...

United Power Generation witnesses steady growth

United Power Generation witnesses steady growth

Mohammad Mufazzal 2019-01-13 10:22:12

United Power Generation & Distribution Company (UPGDC) posted a steady growth in dividend disbursement in last few years. During the period, the company's earnings per share (EPS) also rose moder...

Lower fund demand prompts govt to go for cut in foreign aid allocation

Lower fund demand prompts govt to go for cut in foreign aid allocation

FHM Humayan Kabir 2019-01-13 09:47:07

The government is likely to slash foreign aid allocation in the revised development budget as most of the ministries and agencies sought lower funds, officials said on Saturday. The lower fund demand...

Capital Market Expo begins Feb 28

Capital Market Expo begins Feb 28

FE Online Report 2019-01-12 14:06:39

Bangladesh Capital Market Expo, a fair on capital market, will start on February 28 next. The fair will be continued till March 2 at Shilpakala Academy in the capital Dhaka, according to a release....

Living cost in Dhaka rises 6.0 pc in 2018: CAB

Living cost in Dhaka rises 6.0 pc in 2018: CAB

FE Report 2019-01-12 13:46:33

Cost of living rose by 6.0 per cent in Dhaka city in 2018 compared to that in 2017 due to rising prices of rice, fish, vegetables, toiletries, tea and other essentials, the Consumers Association of Ba...