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The Financial Express

Search results for: Bangladesh

Genex Infosys to allocate 20m ordinary shares

Genex Infosys to allocate 20m ordinary shares

FE Online Report 2018-12-20 15:31:18

Genex Infosys will allocate 20 million ordinary shares among the successful applicants as the company’s IPO lottery draw was held today (Thursday). The initial public offering (IPO) lottery dra...

BSRM to invest Tk 390m in BSM Steel

BSRM to invest Tk 390m in BSM Steel

FE Online Report 2018-12-20 11:36:09

The board of directors of Bangladesh Steel Re-Rolling Mills Ltd (BSRM) has decided to make equity investment of Tk 390 million (approximately) in a new joint venture company. The name of the new join...

Stocks open positive amid cautious trading

Stocks open positive amid cautious trading

FE Online Report 2018-12-20 11:28:42

Stocks witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues amid cautious trading ahead of national elections. Following the previous two d...

SoCBs’ NPL: Finance ministry to make review next week

SoCBs’ NPL: Finance ministry to make review next week

Syful Islam 2018-12-20 10:43:32

In the wake of widespread criticism over mounting non-performing loans (NPL) in the banking system, the finance ministry is going to hold a meeting next week to review the situation, officials said....

BSEC extends timeframe till Dec 31, 2020

BSEC extends timeframe till Dec 31, 2020

FE Report 2018-12-20 10:38:22

The securities regulator has extended the timeframe till December 31, 2020 for keeping provision against unrealised losses in margin accounts of stock dealers' and stock brokers' clients. The unreali...

GPH Ispat vows to enrich steel sector

GPH Ispat vows to enrich steel sector

Our Correspondent 2018-12-20 10:35:06

The 12th annual general meeting (AGM) of GPH Ispat Ltd has approved 10 per cent stock dividend for the shareholders for the 2017-2018 fiscal year. The approval of dividend came in the AGM held at Chi...

IPO lottery draw of Genex Infosys today

IPO lottery draw of Genex Infosys today

FE Desk Report 2018-12-20 10:27:55

The IPO lottery draw of Genex Infosys will be held today (Thursday) which will allocate 20 million ordinary shares among the successful applicants. The initial public offering (IPO) lottery draw wil...

BD economy witnesses 'rise and rise': Nikkei Asian Review

BD economy witnesses 'rise and rise': Nikkei Asian Review

-- 2018-12-19 20:12:11

Japan-based global economic journal Nikkei Asian Review has said Bangladesh continued to witness 'rise and rise' with booming economy. The journal made the statement in its cover story titled 'The ri...

Stocks end higher after volatile trading

Stocks end higher after volatile trading

FE Online Report 2018-12-19 15:35:03

Stocks posted marginal gain Wednesday as some investors brought in the undervalued stocks amid cautious trading. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,242, advancing 8...

Shares drive gains in early trading

Shares drive gains in early trading

FE Online Report 2018-12-19 11:45:24

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Wednesday as some investors are active on sector-wise issues amid cautious trading ahead of elections....

Govt earnings from DSE fall 19pc in Nov

Govt earnings from DSE fall 19pc in Nov

FE Report 2018-12-19 10:32:31

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 19 per cent month-on-month in November this year on the back of falling trade volumes. Market insiders said sluggish market tr...

Aramit approves 50pc cash div

Aramit approves 50pc cash div

FE Desk Report 2018-12-19 10:27:41

Aramit Limited, a unit of Aramit Group, a Chittagong-based leading industrial conglomerate of the country has approved 50 per cent final cash dividend for the year ended on 30th June, 2018, said a sta...

Meghna Life's price jumps 41pc in a month

Meghna Life's price jumps 41pc in a month

FE Report 2018-12-19 10:21:49

Top ten traded companies captured more than 24 per cent turnover of the prime bourse on Tuesday. Meghna Life Insurance Company topped the list. According to statistics available with the Dhaka Stock...

Stocks  rebound from seven-day losing streak

Stocks rebound from seven-day losing streak

FE Online Report 2018-12-18 16:09:33

Stocks backed to the positive zone on Tuesday, snapping a seven-day losing streak, as some investors showed their buying binge on lucrative price level of issues. Analysts said although the market re...

Stocks advance amid political tensions

Stocks advance amid political tensions

FE Online Report 2018-12-18 11:46:40

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Tuesday as some investors are active on sector-wise issues amid lucrative price level. Following the p...

CVO production suspended for 15 days

CVO production suspended for 15 days

FE Report 2018-12-18 10:41:45

The production of CVO Petrochemical Refinery remains stopped for 15 days due to scheduled maintenance and machinery up-gradation work. The company's maintenance and machinery up-gradation work will b...

BB eases farm loan policy

BB eases farm loan policy

Siddique Islam 2018-12-18 09:51:53

Bangladesh Bank (BB) issued a fresh rescheduled policy on short-term agriculture loans on Monday aiming to boost production through facilitating farmers across the country, officials said. Under the...

Turnover plunges to nine-month low

Turnover plunges to nine-month low

FE Online Report 2018-12-17 15:28:12

Stocks extended the losing streak for the seventh straight session on Monday with turnover hitting nearly nine-month low as investors reluctant to put fresh fund on stocks. Market insiders said stock...

Fire at Saiham Textile cost Tk 700 million

Fire at Saiham Textile cost Tk 700 million

FE Online Report 2018-12-17 12:49:58

Saiham Textile Mills informed that fire at warehouse at Noyapara area in Madhabpur upazila of Habiganj district losses approximately Tk 700 million on December 11. Fire had been broken out in the mil...

JMI Syringes share price soaring sans PSI

JMI Syringes share price soaring sans PSI

FE Online Report 2018-12-17 11:48:53

The share price of JMI Syringes & Medical Devices is soaring without having any undisclosed price sensitive information. Within a week, the company’s share price jumped more than 28 per cen...

Stocks lose ground in early trading

Stocks lose ground in early trading

FE Online Report 2018-12-17 11:22:45

The prices of most of the shares on bourses witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance ahead of elections. Following the previous week&rs...

State unaccountability can eclipse progress

State unaccountability can eclipse progress

-- 2018-12-16 14:02:18

Lack of accountability and governance in the state organs can fade Bangladesh's socio-economic progress in the coming years, experts warned on Saturday. To overcome this unpleasant reality that badly...

‘Rising costs’ of doing business cause concern

‘Rising costs’ of doing business cause concern

FE Report 2018-12-16 13:52:32

Business leaders and economists have expressed concern over the rising cost of doing business, reintroduction of higher interest rate and lack of skilled workforce to foster sustainable economic growt...

Two Qatar Visa Centre opens in Bangladesh

Two Qatar Visa Centre opens in Bangladesh

-- 2018-12-16 13:03:04

Qatar has inaugurated two visa centres in Bangladesh, one in Dhaka and the other in Sylhet, as part of the state's efforts to facilitate and streamline procedures for bringing in expatriate workforce,...

Trade war buoys apparel industry in Bangladesh, Vietnam

Trade war buoys apparel industry in Bangladesh, Vietnam

-- 2018-12-16 12:34:26

The trade spat between Washington and Beijing is providing a tailwind for garment production hubs like Bangladesh and Vietnam, as more companies move away from China to avoid US tariffs and sanctions,...

Cooch Behar wants to revive railway line to Bangladesh

Cooch Behar wants to revive railway line to Bangladesh

-- 2018-12-16 11:08:54

  A decision by the Indian central government to revive some of the old rail routes which used to connect India with Bangladesh has prompted residents of Cooch Behar to demand the restoration of...

Weekly analysis: Stocks tumble on political jitters

Weekly analysis: Stocks tumble on political jitters

FE Report 2018-12-15 10:45:12

Stocks tumbled this week as growing political tensions led the investors to sell off their stocks ahead of the national election. Thursday was the last trading day of the week which saw the DSEX, t...

MI Cement posts 33pc revenue growth

MI Cement posts 33pc revenue growth

FE Report 2018-12-15 10:42:00

MI Cement Factory Limited posted a 33 per cent rise in revenue in fiscal year (FY) 2017-18, compared to the previous fiscal, helped by production initiating and market expansion. The total revenue of...

NBFIs in tight corner

NBFIs in tight corner

Jubair Hasan 2018-12-15 10:08:56

The current effort to bring down lending and deposit rates has started putting pressure on non-banking financial institutions (NBFIs), sector insiders said. To comply with the directive, the non-bank...

ADB finds high reg, land costs key constraints

ADB finds high reg, land costs key constraints

Syful Islam 2018-12-15 09:54:40

The Asian Development Bank (ADB) has identified constraints such as weak legal enforcement in mortgage market, supply-side challenges, inadequate incentives, and rising construction cost that prevent...