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The Financial Express

Search results for: Bangladesh

IT sector shares witness highest losses last week

IT sector shares witness highest losses last week

FE Report 2018-10-14 10:35:45

The listed securities of IT sector witnessed highest correction on the Dhaka Stock Exchange (DSE) last week. The sector having eight companies declined 4.8 per cent in last five sessions. Some of th...

DBBL witnesses 39.77pc net profit growth in 2017

DBBL witnesses 39.77pc net profit growth in 2017

Mohammad Mufazzal 2018-10-14 10:33:29

Dutch-Bangla Bank Limited (DBBL) registered a growth of 39.77 per cent in net profit to Tk 2.46 billion in 2017 as compared to that of the previous year. According to the DBBL, the bank's profitabili...

Weekly analysis: Stocks post marginal gain

Weekly analysis: Stocks post marginal gain

FE Report 2018-10-13 10:39:41

Stocks edged higher last week, extending the gaining streak for the second week in a row, as some investors showed their buying appetite on sector specific issues. Market insiders said most of the in...

Four cos recommend dividend up to 410 per cent

Four cos recommend dividend up to 410 per cent

FE Report 2018-10-13 10:33:51

Four listed companies have recommended dividend between 6.0 per cent and 410 per cent last week for the year ended on June 30, 2018. The companies which recommended dividend are: Stylecraft, Genera...

Saudi Arabia deports over 500 BD migrants in 15 days

Saudi Arabia deports over 500 BD migrants in 15 days

Arafat Ara 2018-10-13 09:56:18

Bangladeshi workers have kept returning from Saudi Arabia in an increasing number since the kingdom started deporting the undocumented migrants, sources said. Statistics at the Probasi Kalyan Desk at...

LDC graduation: Project to devise strategy for 'smooth transition'

LDC graduation: Project to devise strategy for 'smooth transition'

Mehdi Musharraf Bhuiyan 2018-10-13 09:49:11

Amid concerns over possible impacts of losing LDC benefits, the government is crafting a 'transition strategy' for 'smooth graduation' from the country's least-developed country status. Officials sai...

IMF official anxious about loan defaults: Muhith

IMF official anxious about loan defaults: Muhith

-- 2018-10-12 16:37:55

Expressing satisfaction over the Bangladesh economy, Deputy Managing Director of International Monetary Fund Misuhiro Furusawa has said he is anxious about the prevalent loan defaults in the banking s...

Summit Power tops DSE turnover chart

Summit Power tops DSE turnover chart

FE Report 2018-10-12 10:49:03

Top ten traded companies captured more than 40 per cent turnover of the major bourse on Thursday while Summit Power topped the list. Market insiders said the investors showed their buying appetite on...

ICB to invest Tk 15b anew in share market

ICB to invest Tk 15b anew in share market

FE Report 2018-10-12 10:00:41

The state-run Investment Corporation of Bangladesh (ICB) will invest at least Tk 15.0 billion afresh in listed securities to boost the country's capital market. The investment will be made in line wi...

Quarterly ADP execution rate hits three-year low

Quarterly ADP execution rate hits three-year low

FHM Humayan Kabir 2018-10-12 09:36:45

The implementation rate of Annual Development Programme (ADP) hit a three-year low to 8.0 per cent in the first quarter of the fiscal year, 2018-19. The project implementation rate was two percentage...

ECNEC nods 17 projects involving Tk 142 billion

ECNEC nods 17 projects involving Tk 142 billion

FE Online Desk 2018-10-11 20:59:29

The government is set to spend Tk 142 billion on 17 development projects including the Rajshahi WASA Surface Water Treatment Plant Project and Development of Electricity Supply System, Chattogram Zone...

Stocks end lower after bumpy ride

Stocks end lower after bumpy ride

FE Online Report 2018-10-11 16:00:24

Stocks inched down on Thursday after volatile trading as investors were mostly followed cautious stance amid ongoing dividend declaration session. Market operators said some investors were active on...

Stocks inch up at opening

Stocks inch up at opening

FE Online Report 2018-10-11 11:27:30

The prices of most of the shares witnessed positive trend in early hour of trading Thursday as investors are showing their buying appetite on sector specific issues. Following the previous day’...

ICB plans to inject fresh funds into stock market

ICB plans to inject fresh funds into stock market

Siddique Islam 2018-10-11 11:03:52

The Investment Corporation of Bangladesh (ICB) has planned to inject fresh funds into the capital market to keep the market stable ahead of the upcoming general election. Under the move, the state-ru...

BSEC chief warns of scrapping IPO quota

BSEC chief warns of scrapping IPO quota

FE Report 2018-10-11 10:41:06

Chairman of the securities regulator Professor M Khairul Hossain has warned different eligible investors (EIs) of 'scrapping' their IPO (initial public offering) quota if they fail to carry out stip...

Silva Pharma share jumps 190pc on debut trading

Silva Pharma share jumps 190pc on debut trading

FE Report 2018-10-11 10:24:04

Silva Pharmaceuticals made a flying trade debut on Wednesday as its share price jumped 190 per cent on the first day of trading. The share traded between Tk 28.10 and Tk 38 each on the Dhaka Stock...

Tax from biggies falls Tk 3.0b short of target in Q1

Tax from biggies falls Tk 3.0b short of target in Q1

Doulot Akter Mala 2018-10-11 09:41:37

Tax collection by the National Board of Revenue (NBR) from financial institutions fell short of the target by Tk 3.0-billion in the first quarter (Q1) of the current fiscal year (FY). Officials attri...

Stocks retreat on political uncertainty

Stocks retreat on political uncertainty

-- 2018-10-10 15:51:58

Stocks ended marginally lower on Wednesday, snapping a two-day gaining streak, as cautious investors sold shares on political worries. Market insiders have said the investors feared the political unc...

Muhith seeks detail on dividend payments

Muhith seeks detail on dividend payments

FE Report 2018-10-10 13:09:17

Finance Minister AMA Muhith has sought details on the payment of dividends by 10 state-owned entities in the one decade from 2009. The government expressed resentment over the poor dividend payment...

Stylecraft recommends 410pc dividend

Stylecraft recommends 410pc dividend

FE Online Report 2018-10-10 11:51:13

The board of directors of Stylecraft Ltd, a textile sector company, has recommended 410 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during...

Silva Pharma makes debut today

Silva Pharma makes debut today

FE Report 2018-10-10 11:23:44

Silva Pharmaceuticals has made its share trading debut on the stock exchanges today (Wednesday) under "N" category. The company's profit after tax stood at Tk 92.99 million and post-IPO earnings pe...

IPOs surge 194pc in nine months of 2018

IPOs surge 194pc in nine months of 2018

FE Report 2018-10-10 11:14:02

Fund raising by companies through initial public offerings (IPOs) surged by 194 per cent in the nine months of this year compared to the same period of the previous year. During January-September 2...

Move to set up urea fertiliser factory in Narsingdi

Move to set up urea fertiliser factory in Narsingdi

FE Online Report 2018-10-09 19:37:55

A granular urea fertiliser factory will be established at Ghorashal in Polash upazila of Narsingdi district at Tk104.61 billion cost in a bid to boost the country's urea production to meet growing dem...

Inflation rate drops slightly in September

Inflation rate drops slightly in September

FE Online Report 2018-10-09 17:41:24

The point-to-point inflation rate in September dropped to 5.43 per cent compared to that of 5.48 per cent in the previous month, official data showed. Bangladesh Bureau of Statistic (BBS) data, unvei...

DSE, CSE edge higher for second day

DSE, CSE edge higher for second day

FE Online Report 2018-10-09 17:29:39

Stocks ended marginally higher on Tuesday, extending the gaining streak for the second day in a row as some investors continued their buying appetite on sector-wise sectors. Brokers said a section of...

ECNEC approves 20 development projects

ECNEC approves 20 development projects

-- 2018-10-09 16:51:46

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 20 development projects involving Tk 325.25 billion. The approval was given at the 146th ECNEC meeting of the curr...

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

FE Online Report 2018-10-09 14:15:36

Bangladesh is one of the least committed countries in the world to reduce the growing income disparity, according to a report released by Oxfam International on Tuesday. The country ranked 148 among...

IMF forecasts 7.1pc growth for BD in 2019

IMF forecasts 7.1pc growth for BD in 2019

-- 2018-10-09 13:57:57

The growth domestic product (GDP) of Bangladesh is expected to grow by 7.1 per cent in 2019, according to the International Monetary Fund (IMF). Economic growth may accelerate 7.0 per cent in 2023, I...

BMBA seminar on primary mkt Thursday

BMBA seminar on primary mkt Thursday

FE Online Desk 2018-10-09 12:16:25

Bangladesh Merchant Bankers Association (BMBA) will hold a seminar to make retail investors aware on primary market on Thursday to celebrate World Investors Week (WIW)-2018 jointly with the investors...

BB issues revised risk mgt guidelines for banks

BB issues revised risk mgt guidelines for banks

FE Report 2018-10-09 11:49:50

The central bank has issued revised risk management guidelines for banks to ensure a sound risk management culture in the country's banking sector. "The modification of the prudential regulations is...