Search results for: Bangladesh

Thirteen 'Z' cos under DSE scanners

-- 2018-12-14 10:30:25

Thirteen listed companies came under the scanners of the premier bourse, as they failed to 'declare' any dividend in the last five years in violation of the listing regulations. The Dhaka Stock Excha...

CPD's remarks politically motivated: Muhith

FE Report 2018-12-14 10:29:39

Finance Minister AMA Muhith on Thursday again trashed the remarks on plundering of Tk 225 billion from the banking sector in a decade, terming it politically motivated. "The information revealed by t...

Esquire Knit's IPO subscription opens January 06

FE Report 2018-12-14 10:27:23

The public subscription of Esquire Knit Composite will open on January 06, as the company is set to raise a capital of over Tk 562 million through IPO. The initial public offering (IPO) subscription...

WB okays $250m to create quality jobs in BD

-- 2018-12-13 17:09:12

The World Bank on Thursday approved a $250 million development policy operation to help the government of Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly c...

Stocks extend losing streak for sixth day

FE Online Report 2018-12-13 15:49:19

Stocks extended the losing streak for the sixth straight session on Thursday as investors continued on selling binge ahead of national elections. Market insiders said political tension kept most of t...

Stocks advance in early trading

FE Online Report 2018-12-13 11:17:52

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as some investors are active on sector-wise issues. Following the previous five days’...

ACI approves 118.5pc dividend

FE Desk Report 2018-12-13 10:45:19

The 45th Annual General Meeting of Advanced Chemical Industries Limited was held on Wednesday at Officers Club, Baily Road in the city. Anis Ud Dowla, Chairman of the Company, presided over the meeti...

Two cos' share price soaring sans PSI

FE Report 2018-12-13 10:40:27

The share prices of two low-cap companies- Anlima Yarn Dyeing and Alltex Industries - are soaring without having any undisclosed price sensitive information. Within two trading days, share price of...

NBR against tax waiver for SIMs used in MNP service

Doulot Akter Mala 2018-12-13 09:51:01

The revenue board has strongly opposed the government's decision to waive the tax on SIMs used in MNP service. Reduction of SIM tax for mobile number portability (MNP) service may create the scope fo...

Belated settlements of int’l payments hurt country’s image: ICCB President

FE Online Desk 2018-12-12 18:32:43

A number of commercial banks in Bangladesh do not make payments on time against letters of credit (L/C) despite having no discrepancy in the system. “This affects the country’s image to t...

Stocks lose ground again

FE Online Report 2018-12-12 15:43:11

Stocks lost ground again on Wednesday, extending the losing streak for the fifth straight session, as the national election nears. Market operators said the institutional investors mostly followed...

First ever NRB engineers’ confce in Dhaka in Feb

FE Online Desk 2018-12-12 14:07:05

‘Bridge to Bangladesh’ is set to organize a conference of Non Resident Bangladeshi (NRB) engineers, which is the first of its kind in the history of Bangladesh, in Dhaka in upcoming Februa...

Bourses light up in early trading

FE Online Report 2018-12-12 11:36:16

Stocks moved up amid choppy trading in early hour of trading on Wednesday as investors are mostly followed cautious stance ahead of national election. Following the previous four days’ correc...

BSEC directs Pacific Denims to refund Tk 209m

FE Report 2018-12-12 10:57:47

The securities regulator has ordered Pacific Denims to refund IPO fund above Tk 209.80 million, which was 'misused' in the name of constructing building, into the company account. After taking requ...

Bangladesh Venture Capital gets licence

FE Desk Report 2018-12-12 10:49:29

Bangladesh Venture Capital Ltd has received 'Alternative Investment Fund Manager' Licence from Bangladesh Securities and Exchange Commission under Bangladesh Securities and Exchange Commission (Alte...

RAK suspends production of a tiles plant

FE Report 2018-12-12 10:42:20

RAK Ceramics (Bangladesh) has suspended production of a tiles plant, out of four, due to the maintenance work of the machinery of tiles production plant. The UAE-Bangladesh joint venture company st...

Kohinoor Chemical approves 30pc dividend

FE Desk Report 2018-12-12 10:40:19

The 31st annual general meeting (AGM) of Kohinoor Chemical Company (BD) Limited was held at Officers Club, in the city on Monday, with Mohammad Obaidul Karim, Chairman of the company in the chair, a...

DSEX slips to three weeks low; stocks fall again

FE Online Report 2018-12-11 16:04:06

Stocks witnessed yet another bearish session on Tuesday, extending the losing streak for the fourth straight session, as risk-averse investors continued on selling spree. Market insiders said electio...

Stocks nudge up in early trading

FE Online Report 2018-12-11 11:36:43

Stocks nudged up in early hour of trading on Tuesday as investors are showing their buying spree on sector-wise issues. Following the previous three days’ correction, the Dhaka Stock Exchange...

Banks' provisioning shortfall swells in nine months

Siddique Islam 2018-12-11 09:30:27

Overall shortfall in provisioning against loans in the country's banking system swelled by over 20 per cent or Tk 13.60 billion during the first nine months of the year. The total amount of provision...

SoBs defy MoF order on public display of top defaulters’ list

Syful Islam 2018-12-11 09:27:51

None of the state-owned banks (SoBs) and financial institutions have displayed the list of top loan defaulters on their notice boards and posted the same on websites, defying a directive of the minist...

Move to groom skilled Chartered Financial Analysts

FE Report 2018-12-10 20:15:25

CFA Society Bangladesh has declared a team of North South University champion of the local final of the CFA Institute Research Challenge 2018-19. The society announced the name of the winning team...

Stocks trim early gains to end lower

FE Online Report 2018-12-10 15:37:07

Stocks trimmed early gains to end lower on Monday, extending losing streak with core index falling below 5,300-mark again, as risk-averse investors continued on selling spree. Brokers said investors...

Bengal Windsor director to sell 3.20m shares

FE Online Report 2018-12-10 11:49:38

A sponsor-director of Bengal Windsor Thermoplastic Limited has declared to sell 3.20 million shares out of his total holding of 27.44 million shares of the company at prevailing market price. Humay...

Stocks pop in early trading

FE Online Report 2018-12-10 11:24:22

Stocks witnessed positive trend in early hour of trading on Monday as investors are showing their buying spree on sector-wise issues. Following the previous day’s correction, the Dhaka Stock...

United Power's subsidiary declares dividend

FE Report 2018-12-10 10:52:03

United Ashuganj Energy, a subsidiary of United Power, declared 8.75 per cent final cash dividend for the fourth quarter of fiscal year (FY) 2017-18. During the year, the United Ashuganj Energy paid...

MJL Bangladesh witnesses steady growth in five yrs

FE Report 2018-12-10 10:48:47

MJL Bangladesh, country's largest lubricant company, has exhibited a steady growth in revenue earning and dividend disbursement, among others, in last five consecutive years through 'operational exc...

BD third among remittance-receiving countries in South Asia

-- 2018-12-09 19:38:54

Bangladesh has been ranked third among remittance-receiving countries in South Asia with a cash inflow of US$15.9 billion this year, according to a World Bank report. Moreover, the country became the...

Minister optimistic about 100pc ADP implementation in FY19

-- 2018-12-09 17:36:00

Planning Minister AHM Mustafa Kamal is hopeful of achieving 100 per cent implementation rate of the Annual Development Programme (ADP) in the current fiscal year. The minister came up with the projec...

Stocks keep losing as major sectors fall

FE Online Report 2018-12-09 17:04:46

Stocks extended the losing streak for the second day in a row on Sunday, as cautious investors continued their selling spree on large-cap sectors. Analysts said investors were mostly on selling mood...