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The Financial Express

Search results for: Bangladesh

Five more sectors may get incentives under PPP

Five more sectors may get incentives under PPP

Rezaul Karim 2018-10-02 09:55:31

Projects under five more sectors are likely to be made eligible for government incentives under the public-private partnership (PPP) initiative, officials said. The finance minister has recently aske...

EBL, Summit Group strikes Interest Rate SWAP for power plants

EBL, Summit Group strikes Interest Rate SWAP for power plants

FE Online Report 2018-10-01 20:39:15

Eastern Bank Limited (EBL) and Summit Group have fixed an Interest Rate SWAP derivative deal worth $71.25 million for two power plant projects.  They power plants are Barisal Power Limited and S...

Stocks shed gains to end flat

Stocks shed gains to end flat

FE Online Report 2018-10-01 15:52:23

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) surrendered their early gains to close flat on Monday as investors went on late hours selling spree on sector-wise stocks. Mar...

DSE, CSE move slowly at opening

DSE, CSE move slowly at opening

FE Online Report 2018-10-01 11:32:22

The prices of most of the shares saw upward trend in early hour of trading Monday as investors are active on sector-wise stocks. Following the previous day’s marginal gain, the Dhaka Stock Ex...

Summit Alliance recommends 12.50pc div

Summit Alliance recommends 12.50pc div

FE Online Report 2018-10-01 10:57:05

The board of directors of Summit Alliance Port Limited has recommended 12.50 per cent cash dividend for the year ended on 30 June 2018. The final approval of dividend will come during the annual gene...

Olympic industries to import cap machinery

Olympic industries to import cap machinery

FE Report 2018-10-01 10:46:29

The board of directors of Olympic Industries has decided to import capital machinery worth Tk 136.87 million for enhancing the production capacity. The company will import a wafer manufacturing lin...

Unique Hotel joins consortium to invest in 600MW power plant

Unique Hotel joins consortium to invest in 600MW power plant

FE Report 2018-10-01 10:37:50

A consortium, led by Unique Hotel & Resorts, will set up a 600 megawatt power plant to be based on gas or regasified liquefied natural gas (RLNG) at Meghnaghat of Narayanganj. The board of direct...

Stocks higher after volatility

Stocks higher after volatility

FE Online Report 2018-09-30 16:09:42

Stocks ended marginally higher on Sunday as some investors went on late hours buying on sector-wise stocks. Analysts said despite the managed to close green, investors remained followed cautious and...

Deadline drawing near for Invest Maestros

Deadline drawing near for Invest Maestros

FE Report 2018-09-30 15:22:26

Deadline for taking part in the first ever Inter-University Capital Market Case Competition, jointly organised by Bangladesh Institute of Capital Market (BICM) and Dhaka Stock Exchange (DSE), is appro...

BSCCL recommends 5.0pc cash dividend

BSCCL recommends 5.0pc cash dividend

FE Online Report 2018-09-30 12:54:35

The board of directors of Bangladesh Submarine Cable Company Limited (BSCCL) has recommended 5.0 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Sunday. The...

Olympic industries to import capital machinery

Olympic industries to import capital machinery

FE Online Report 2018-09-30 12:17:35

The board of directors of Olympic Industries has decided to import capital machinery worth an aggregate amount of Tk 136.87 million for enhancing production capacity. The company will import a wafer...

IFAD Autos recommends 32pc dividend

IFAD Autos recommends 32pc dividend

FE Online Report 2018-09-30 10:50:04

The board of directors of IFAD Autos has recommended 22 per cent cash dividend for shareholders (excluding sponsors/directors) and 10 per cent stock dividend for all shareholders for the year ended on...

Confidence Cement, Chinese co ink deal to procure machinery

Confidence Cement, Chinese co ink deal to procure machinery

FE Report 2018-09-30 10:36:38

Confidence Cement Dhaka Limited (CCDL), an associate of Confidence Cement Limited (CCL), recently signed a contract with China National Heavy Machinery Corporation (CHMC) to procure machines for its c...

CSE holds investors' awareness programme

CSE holds investors' awareness programme

FE Report 2018-09-30 10:16:36

The Chittagong Stock Exchange (CSE) organised a seminar on investors' awareness, financial literacy and internet trading recently in Cumilla, as part of its plan to 'promote' capital market. The semi...

Intermediaries urge BSEC to help solve pending issues

Intermediaries urge BSEC to help solve pending issues

FE Report 2018-09-30 10:15:15

The intermediaries of the capital market have requested the securities regulator to facilitate implementation of their demands, including revision of the banks' exposure to the stock market. They als...

Family debt lowest in 14 years: Global study

Family debt lowest in 14 years: Global study

Jasim Uddin Haroon 2018-09-30 10:14:19

The country's household debt as percentage of gross domestic product (GDP) has been shrinking over the years from its peak in 2005. The household debt means the purchase of residential property and...

Farmers Bank trying to make operation sound, safe: Executive

Farmers Bank trying to make operation sound, safe: Executive

FE Online Report 2018-09-29 17:48:09

The Farmers Bank is trying to make its operation sound and safe for all concerned, said the bank’s top executive on Saturday. The bank managing director and chief executive officer (CEO) Md Ehs...

Stocks keep losing as major sectors plunge

Stocks keep losing as major sectors plunge

FE Report 2018-09-29 10:39:31

Stocks extended the losing streak for the fourth straight week that ended on Thursday as risk-averse investors continued their selling spree on large-cap stocks. Market insiders said the ongoing pess...

Eight cos recommend dividend up to 55pc

Eight cos recommend dividend up to 55pc

FE Report 2018-09-29 10:35:31

Eight more listed companies recommended dividend last week which ranged between 15 per cent to 55 per cent for the year ended on June 30, 2018 while two companies declared 'no' dividend. The companie...

Green investment increases by 8.9pc in April-June quarter

Green investment increases by 8.9pc in April-June quarter

-- 2018-09-28 20:54:42

Investments in green initiatives have increased by 8.90 per cent at the end of April to June quarter of 2018 compared to the previous January to March period. According to Bangladesh Bank (BB), the t...

Ten cos to get 400 acres of land in EZs

Ten cos to get 400 acres of land in EZs

-- 2018-09-28 10:47:20

Prime Minister's Office (PMO) has permitted Bangladesh Economic Zones Authority (BEZA) to allocate 400 acres of land to 10 investors. The investors will invest a total of around US$ 1,981 million to...

ADB approves loan of $500m to upgrade primary education

ADB approves loan of $500m to upgrade primary education

FE Online Report 2018-09-27 19:15:36

The Asian Development Bank (ADB) has decided to give a loan of $500 million to upgrade the primary education sector of Bangladesh.   The approval came on Thursday at the Manila-based lending age...

Stocks tumble as major sectors plunge

Stocks tumble as major sectors plunge

FE Online Report 2018-09-27 15:50:24

Stocks witnessed sharp decline on Thursday as investors were mostly on selling spree, fearing further fall of stock prices. Analysts said the ongoing pessimism coupled with fear of political unrest...

BD Autocars recommends 15pc dividend

BD Autocars recommends 15pc dividend

FE Online Report 2018-09-27 11:57:44

The board of directors of Bangladesh Autocars Limited has recommended 3.0 per cent cash and 12 per cent stock dividend for the year ended on June 30, 2018. The board has also decided to implement ins...

Bourses drift lower at opening

Bourses drift lower at opening

FE Online Report 2018-09-27 11:54:27

The prices of most of the shares on bourses saw downward trend in early hour of trading Thursday as investors followed cautious stance amid ongoing dividend declaration session. Following the previ...

Standard Ceramic to import machinery

Standard Ceramic to import machinery

FE Report 2018-09-27 10:53:51

The board of directors of Standard Ceramic Industries Ltd has decided to open letter of credit (LC) for importing new capital machinery to enhance production capacity and reduce the production cost....

Govt targets 36.4m MT rice production in FY19

Govt targets 36.4m MT rice production in FY19

-- 2018-09-26 19:49:30

The government has set a target of producing at 36.4 million metric tonnes of rice (MT) in the current fiscal with an emphasis on high yielding variety. Officials said the Department of Agricultural...

DSE ends flat, CSE retreats

DSE ends flat, CSE retreats

FE Online Report 2018-09-26 15:46:11

Dhaka stocks ended almost flat on Wednesday after volatile trading as investors were active both sides of trading fence, while the Chittagong stock returned to the red. Market operators said the in...

Dhaka, Delhi agree on CEPA deal

Dhaka, Delhi agree on CEPA deal

-- 2018-09-26 15:06:45

Dhaka and New Delhi have agreed to forge the comprehensive economic partnership agreement (CEPA) to boost trade ties between the two neighbouring countries. Commerce Minister Tofail Ahmed and his Ind...

ADB projects 7.5pc growth for FY19

ADB projects 7.5pc growth for FY19

-- 2018-09-26 13:31:56

The Asian Development Bank (ADB) has projected 7.5 per cent economic growth for Bangladesh for the current fiscal year, slightly below than the government’s estimate of 7.8 per cent. The growth...