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The Financial Express

Search results for: Bangladesh

Northern Jute’s share price soaring sans PSI

Northern Jute’s share price soaring sans PSI

FE Online Report 2018-12-05 12:38:24

The share price of Northern Jute Manufacturing Company Limited is soaring without having any undisclosed price sensitive information. Within seven consecutive trading sessions, the company’s...

Stocks nudge higher in early trade

Stocks nudge higher in early trade

FE Online Report 2018-12-05 11:46:36

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as optimistic investors are showing their buying appetite on sector-wise issues. Following the previous...

Government securities: Last fiscal’s yield curve witnesses steeper rise

Government securities: Last fiscal’s yield curve witnesses steeper rise

Jasim Uddin Haroon 2018-12-05 10:32:51

The gap between short and long-term government fixed-income securities yields was steeper during fiscal year 2018 than its previous year, which indicated a 'tightened year" for money market. The cent...

Tax collection deficit reaches Tk 167.99b

Tax collection deficit reaches Tk 167.99b

Doulot Akter Mala 2018-12-05 09:01:15

Aggregate shortfall in tax revenue collection against the target widened further, marking a deficit amounting to Tk 167.99 billion in the first four months of the current fiscal year (FY), 2018-19. T...

Inflation slightly eases to 5.37pc in November

Inflation slightly eases to 5.37pc in November

-- 2018-12-04 17:54:30

The general point to point inflation rate in November last further eased to 5.37 percentage point from the previous month due to the slight decrease in non-food inflation. “The general point to...

DSEX crosses 5,300-mark; stocks soar

DSEX crosses 5,300-mark; stocks soar

FE Online Report 2018-12-04 15:34:27

Stocks ended higher on Tuesday with core index crossed the 5,300-mark again as investors showed their buying spree on banking and telecommunication issues. Market insiders said some institutional inv...

Forex reserves slide to about $31b in Nov

Forex reserves slide to about $31b in Nov

-- 2018-12-04 13:11:13

Bangladesh's foreign exchange reserves reached about 31 billion US dollars by the end of November, central bank data has showed. Bangladesh Bank (BB) data showed the country's foreign exchange rese...

Sonali Aansh recommends 10pc dividend

Sonali Aansh recommends 10pc dividend

FE Online Report 2018-12-04 12:02:40

The board of directors of Sonali Aansh Industries Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual gen...

Stocks tick up at opening

Stocks tick up at opening

FE Online Report 2018-12-04 11:38:41

The prices of most of the shares witnessed positive trend in early hour of trading on Tuesday as optimistic investors are showing buying binge on sector-wise issues. Following the previous day’...

Pvt life ins cos’ premium income rises to Tk 77,318m in 2017

Pvt life ins cos’ premium income rises to Tk 77,318m in 2017

FE Desk Report 2018-12-04 10:48:40

The total premium income of private life insurance companies increased to Tk 77,318 million in 2017 against Tk 70,954 million in 2016. The total assets of the private life insurance companies also ro...

Unilever to buy 82pc stake of GSK BD

Unilever to buy 82pc stake of GSK BD

FE Desk Report 2018-12-04 10:33:34

GSK will sell its 82 per cent stake in GlaxoSmithKline Bangladesh Limited to Unilever for £566 million. The remaining stakes of GSK Bangladesh, which is listed on Dhaka Stock Exchange, are he...

Salaried people lead income tax return submission

Salaried people lead income tax return submission

Doulot Akter Mala 2018-12-04 09:28:46

Income tax return submission by individual taxpayers posted a 14 per cent rise this year, mostly contributed by salaried taxpayers. Until Sunday, tax offices received some 1.7 million tax returns and...

Stocks edge up amid cautious trading

Stocks edge up amid cautious trading

FE Online Report 2018-12-03 15:52:35

Stocks finished slightly higher for the second day in a row on Monday as investors were trading cautiously ahead of national elections. Market insiders said investors continued trading cautiously a...

LafargeHolcim will merge with Holcim Cement

LafargeHolcim will merge with Holcim Cement

FE Report 2018-12-03 12:15:18

LafargeHolcim Bangladesh Limited (LHBL) will merge with Holcim Cement (Bangladesh) Limited (HBL), a 100 per cent subsidiary of the former. In a disclosure, LHBL said its board of directors has take...

Saif Powertec to invest in subsidiary company

Saif Powertec to invest in subsidiary company

FE Online Report 2018-12-03 12:14:22

The board of directors of Saif Powertec Limited has decided to invest initially Tk 32.50 million in Saif Port Holdings, a subsidiary of the Saif Powertec. Saif Port Holdings will carry on all or an...

Eastern Cables recommends 10pc div

Eastern Cables recommends 10pc div

FE Online Report 2018-12-03 11:33:09

The board of directors of Eastern Cables Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Monday. The final approval will come...

DSEX crosses 5,300-mark in early trading

DSEX crosses 5,300-mark in early trading

FE Online Report 2018-12-03 11:28:58

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as optimistic investors are showing their buying spree on sector-wise issues. Following the previous day&r...

IFAD revises schedule of rights utilisation proceeds

IFAD revises schedule of rights utilisation proceeds

FE Report 2018-12-03 10:37:30

The board of directors of IFAD Autos has decided to revise rights share utilisation proceeds and sought one year more time to utilise the proceeds. The revision of rights share utilisation proceeds...

Remittance drops in November

Remittance drops in November

FE Report 2018-12-03 09:36:01

The flow of inward remittance fell slightly in November over that of the previous month despite the depreciating mode of taka against dollar in recent months. The money sent home by Bangladeshis work...

Stocks witness marginal gain

Stocks witness marginal gain

FE Online Report 2018-12-02 17:17:22

Stocks posted marginal gain on Sunday, after a single-day break, as investors went on late hours buying spree. DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,290, advancing 9.5...

Explore benefits of economic graduation, PM urges exporters

Explore benefits of economic graduation, PM urges exporters

-- 2018-12-02 17:01:18

Prime Minister Sheikh Hasina has urged the business community to explore the export and other business opportunities in the global market following country’s graduation as a developing country f...

IFAD revises schedule of rights share utilisation proceeds

IFAD revises schedule of rights share utilisation proceeds

FE Online Report 2018-12-02 14:17:49

The board of directors of IFAD Autos has decided to revise rights share utilisation proceeds and seek one more year to utilise the rights share proceeds. The revision of rights share utilisation proc...

Stocks witness marginal rise at opening

Stocks witness marginal rise at opening

FE Online Report 2018-12-02 11:35:36

The prices of most of the shares witnessed a marginal rise in the early hour of trading on Sunday as investors mostly followed a cautious stance. Following the previous week’s mild correction,...

Price hike of raw materials hits cement companies' EPS

Price hike of raw materials hits cement companies' EPS

Mohammad Mufazzal 2018-12-02 10:32:34

Price hike of raw materials has affected the cement manufacturers of the country, market insiders said. Because of increased production cost, the earning of most of the listed cement companies declin...

Three cos recommend no dividend for second consecutive year

Three cos recommend no dividend for second consecutive year

FE Report 2018-12-02 10:22:42

Three listed companies have recommended no dividend for the second consecutive year amid losses incurred in last years. The companies are Mithun Knitting and Dyeing, Bangladesh Services and Tallu Spi...

Sonali Bank seeks to issue 40 million shares

Sonali Bank seeks to issue 40 million shares

FE Report 2018-12-02 10:00:37

The state-run Sonali Bank wants to increase its paid-up capital to Tk 45.30 billion to urgently meet its capital shortage, officials said. In November last, Sonali Bank Limited (SBL) general manager...

NBR to review fiscal incentives offered to API industries

NBR to review fiscal incentives offered to API industries

Doulot Akter Mala 2018-12-02 09:54:57

Six months after the publication of the 'National Active Pharmaceutical Ingredients (API) and Laboratory Reagents Production and Export Policy by the Ministry of Commerce, the National Board of Revenu...

Weekly analysis: Equities sink back into the red

Weekly analysis: Equities sink back into the red

FE Report 2018-12-01 10:22:51

Stocks returned to the red this week, as cautious investors sold off shares of major sectors to book profit. The last trading session of the week was held on Thursday. Market operators said most o...

Most IT firms see higher Q1 EPS

Most IT firms see higher Q1 EPS

FE Report 2018-12-01 10:16:53

Most of the listed IT companies saw their earnings rise in the first quarter (Q1) of the current financial year (FY), 2018-19, compared to the same period of the previous fiscal year. People familiar...

No liquidity shortage in banking sector: BB governor

No liquidity shortage in banking sector: BB governor

FE Report 2018-12-01 09:57:00

Bangladesh Bank (BB) Governor Fazle Kabir has said the banking industry is now on stable footing as there is no liquidity shortage in this sector at this moment. "The banking industry in Bangladesh...