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The Financial Express

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Aamra Networks declares 10pc cash dividend

Aamra Networks declares 10pc cash dividend

FE Online Desk 2018-12-25 14:22:08

The board of directors of aamra networks limited (ANL) has declared 10 per cent cash dividend for the fiscal year 2018. The approval of the dividend came during the 17th Annual General Meeting (AGM)...

Listed companies see incongruity in Corporate Governance Guidelines

Listed companies see incongruity in Corporate Governance Guidelines

FE Report 2018-12-25 10:39:51

The Bangladesh Association of Publicly Listed Companies (BAPLC) has demanded of the regulatory bodies to remove the conflicting clauses from the Corporate Governance Guidelines promulgated recently by...

Confidence Cement approves 35pc dividend

Confidence Cement approves 35pc dividend

Our Correspondent 2018-12-25 10:39:44

Confidence Cement Ltd has declared 35 per cent dividend (15 per cent cash and 20 per cent bonus) for its shareholders for the year ended on 30 June, 2018. The 27th annual general meeting (AGM) of the...

DSE won’t charge monthly fee for using mobile app

DSE won’t charge monthly fee for using mobile app

FE Report 2018-12-25 10:26:36

The Dhaka Stock Exchange (DSE) will not charge monthly Tk 150 per user for trading using DSE Mobile app. The DSE board of directors changed its decision after widespread criticism from all quarters i...

H2 MPS to focus on job creation

H2 MPS to focus on job creation

Siddique Islam 2018-12-25 09:53:14

The central bank has started taking preparations to formulate its next monetary policy, giving top priority on creating employment opportunities through boosting financing in the productive sectors....

PC starts revising ADP amidst its poor execution

PC starts revising ADP amidst its poor execution

FHM Humayan Kabir 2018-12-25 09:37:45

The Planning Commission (PC) has started work on revising the Tk 1.7 trillion Annual Development Programme (ADP) amid unsatisfactory execution of the ongoing projects during last five months of the cu...

Stocks keep gaining amid post-election optimism

Stocks keep gaining amid post-election optimism

FE Online Report 2018-12-24 17:33:06

Stocks continued the upward trend for fifth straight day on Monday as some investors brought shares amid positive expectation after the national elections. Market insiders said the securities regulat...

Daffodil Computers declares 12pc cash dividend

Daffodil Computers declares 12pc cash dividend

FE Online Desk 2018-12-24 14:15:44

The board of directors of Daffodil Computers Limited has declared 12 per cent cash dividend for the year 2017-2018. The approval of the dividend came during the 21st Annual General Meeting (AGM) of t...

BBS Cables declares 25pc dividend

BBS Cables declares 25pc dividend

FE Online Desk 2018-12-24 12:18:46

The board of directors of BBS Cables Limited has declared 10 per cent cash and 15 per cent stock dividend for the year 2017-2018. The approval of the dividend came at the 10th Annual General Meeting...

Bourses make gentle gains in early trading

Bourses make gentle gains in early trading

FE Online Report 2018-12-24 11:23:17

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Monday as some investors remained active on sector-wise issues amid cautious trading ahe...

Remittance likely to grow by 15.59pc this year

Remittance likely to grow by 15.59pc this year

FE Report 2018-12-24 10:32:38

The country's inward remittance is expected to increase by 15.59 per cent in 2018 compared to that of the previous year, a trend report said. Remittance showed such an upward trend as an increasing n...

Bourses to remain closed for five days

Bourses to remain closed for five days

FE Report 2018-12-24 10:11:52

Trading will take place for only three sessions in the outgoing year as bourses will remain closed for five days due to Christmas Day, national elections, bank holiday and weekly holiday. Trading on...

Fundraising thru’ IPO triples in 2018

Fundraising thru’ IPO triples in 2018

Babul Barman 2018-12-24 09:41:05

Small-cap companies dominated the initial public offering (IPO) market in the outgoing year 2018 that has seen a constantly bearish market, said an analyst. The Dhaka Stock Exchange (DSE) data show 1...

Stocks edge up for four days amid cautious trading

Stocks edge up for four days amid cautious trading

FE Online Report 2018-12-23 18:41:11

Stocks gained marginally on Sunday for the fourth straight session as some investors brought shares amid cautious trading. Market insiders said securities regulator’s positive move on margin lo...

DSE introduces monthly fee for mobile app use

DSE introduces monthly fee for mobile app use

FE Online Report 2018-12-23 13:42:33

The Dhaka Stock Exchange (DSE) has decided to introduce a mobile app usage monthly fee of Tk 150 per user from January 1, 2019. “DSE TREC (Trading Right Entitlement Certificate) holders are req...

BD’s stock market faces ‘election nervousness’: AFC report

BD’s stock market faces ‘election nervousness’: AFC report

FE Online Report 2018-12-23 13:13:12

The overall stock market of Bangladesh has remained weak this year due to nervousness in the run up to the national elections. Annual review report of the AFC Asia Frontier Fund made the observation....

Stocks post marginal gains at opening

Stocks post marginal gains at opening

FE Online Report 2018-12-23 11:37:04

The prices of most of the shares on both the bourses witnessed a positive trend in the early hour of trading on Sunday as some investors remained active on sector-wise issues amid cautious trading ahe...

DSE to hold election for a director January 24

DSE to hold election for a director January 24

FE Report 2018-12-23 10:47:11

An election for the post of a shareholder-director of Dhaka Stock Exchange (DSE) will be held on January 24, as a director will retire this year in line with the demutualisation scheme. This year, Md...

Modhumoti Bank puts thrust on SME, digitisation

Modhumoti Bank puts thrust on SME, digitisation

Siddique Islam 2018-12-23 10:21:53

Modhumoti Bank Limited (MMBL) wants to become a SME-focused bank gradually aiming to facilitate developing entrepreneurship particularly in the rural areas of Bangladesh, the bank's top executive has...

Export earnings from plastic products up by 30pc

Export earnings from plastic products up by 30pc

-- 2018-12-22 20:11:00

Export earnings from plastic products have risen by 30 per cent during the first five months of the current fiscal year (FY19), according to statistics of Export Promotion Bureau (EPB) and Bangladesh...

Streamlined tax system by next year: NBR chief

Streamlined tax system by next year: NBR chief

-- 2018-12-22 19:04:08

Bangladesh will take steps to seal loopholes in the tax system within the next year to boost revenue collection, National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said on Saturday. "...

RFL declares 23pc cash dividend

RFL declares 23pc cash dividend

FE Online Desk 2018-12-22 15:44:15

The board of directors of Rangpur Foundry Ltd (RFL) has declared 23 per cent cash dividend for the year 2017-2018. The approval of the dividend came at the 38th Annual General Meeting (AGM) of the co...

Weekly analysis: Stocks eke out small gains

Weekly analysis: Stocks eke out small gains

FE Report 2018-12-22 11:01:15

Stocks posted a marginal gain last week that ended on Thursday, as smart investors collected shares despite growing political tensions in the run-up to the national election. Week-on-week, DSEX, the...

Titas Gas earns Tk 3.39b as net profit

Titas Gas earns Tk 3.39b as net profit

FE Report 2018-12-22 10:57:20

The 37th annual general meeting (AGM) of Titas Gas Transmission & Distribution Company was held at the Officers' Club in Dhaka on Thursday. Abu Hena Md Rahmatul Muneem, Secretary of Energy &...

DSE net profit drops 16 per cent

DSE net profit drops 16 per cent

FE Report 2018-12-22 10:53:12

The board of directors of Dhaka Stock Exchange (DSE) has recommended 5.0 per cent cash dividend for the fiscal year (FY) 2017-18, although its net profit fell nearly 16 per cent year-on-year. The pre...

WB likely to use new reference rate from next year

WB likely to use new reference rate from next year

Syful Islam 2018-12-22 10:01:51

The World Bank (WB) is likely to adopt a new reference rate from next year in calculating the interest of its high-cost loans, officials have said. Presently, the interest rate of WB's high-cost loan...

Cos spend 435 hrs on tax payments in BD!

Cos spend 435 hrs on tax payments in BD!

Mehdi Musharraf Bhuiyan 2018-12-22 09:56:31

A company, on an average, has to spend around 435 hours to comply with tax payments each year in Bangladesh, according to a recent global report. The length of time for tax payments in Bangladesh is...

CVO Petro Refinery approves 2.0pc div

CVO Petro Refinery approves 2.0pc div

FE Desk Report 2018-12-21 10:44:49

CVO Petrochemical Refinery Limited organised its 33rd annual general meeting (AGM) on its corporate office premises at Katalganj in Chattogram on Thursday. At the meeting, the shareholders approved 2...

Record 6.5m workers sent abroad in 10 years

Record 6.5m workers sent abroad in 10 years

-- 2018-12-20 18:39:50

Manpower exports witnessed a record rise over the last ten years as more than 6.5 million workers went abroad with jobs and the country received $133.5 billion remittance since 2009. “We’...

Shares shine amid cautious trading

Shares shine amid cautious trading

FE Online Report 2018-12-20 15:47:02

Stocks extended the gaining streak for the third straight session on Thursday as investors continued their buying binge amid cautious trading. DSEX, the prime index of the Dhaka Stock Exchange (DSE),...