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The Financial Express

Search results for: Bangladesh

Four cos recommend dividends

Four cos recommend dividends

-- 2018-09-26 12:41:32

Four more listed companies—BSRM Steels, Bangladesh Steel Re-rolling Mills, Legacy Footwear and The INB Sina—have recommended a total of 100pc dividends for the year ended on June 30, 2018....

IBN Sina recommends 40pc dividend

IBN Sina recommends 40pc dividend

FE Online Report 2018-09-26 12:17:10

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 30 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on W...

BSRM Steels recommends 20pc dividend

BSRM Steels recommends 20pc dividend

FE Online Report 2018-09-26 12:06:55

The board of directors of BSRM Steels Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval the of dividend will come during...

Legacy Footwear recommends 20pc dividend

Legacy Footwear recommends 20pc dividend

FE Online Report 2018-09-26 12:03:53

The board of directors of Legacy Footwear Ltd has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the...

Stocks eke out some gains on buying spree

Stocks eke out some gains on buying spree

FE Online Report 2018-09-26 11:26:20

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as some investors showed their buying spree on sector-wise stocks. Following the previous...

BSRM recommends 10pc cash, 10pc stock dividend

BSRM recommends 10pc cash, 10pc stock dividend

FE Online Report 2018-09-26 11:18:25

The board of directors of Bangladesh Steel Re-rolling Mills (BSRM) has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividen...

Banks to offer single-digit rate soon: Muhith

Banks to offer single-digit rate soon: Muhith

FE Report 2018-09-26 10:45:03

Finance Minister A M A Muhith has expressed the hope that the private commercial banks (PCBs) will bring down their lending rate to single digit shortly. "I expect the banks will bring it down. So...

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

FE Report 2018-09-26 10:43:29

Shurwid Industries will transfer its 2.6 million shares to NRB Bank for settling the company's liabilities of Tk 97.30 million to the bank. The shares will be handed over to the bank from the holding...

Top ten traded companies grab 40pc turnover

Top ten traded companies grab 40pc turnover

FE Report 2018-09-26 10:37:43

Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. Market insiders said the investors cont...

Private foreign borrowing now costlier than before

Private foreign borrowing now costlier than before

Jubair Hasan 2018-09-26 09:36:08

Amid impending risks, foreign borrowing by the country's private sector keeps rising, which in turn increases the external debt gradually. Bankers, beneficiaries and financial market analysts said th...

Investors should not rely on social media info: DSE

Investors should not rely on social media info: DSE

FE Report 2018-09-25 11:28:26

The Dhaka Stock Exchange (DSE) has advised the investors not to rely on any information from an 'unauthorised' source like social media. "Investors should not rely on any information from any unaut...

Northern Jute goes to 'Z' category today

Northern Jute goes to 'Z' category today

FE Report 2018-09-25 11:24:55

Northern Jute Manufacturing Company Limited will be placed in 'Z' category today (Tuesday) as the company recommended 'no' dividend for the year ended on June 30, 2018. Presently, the company is in...

Experts warn on crony capitalism gripping country

Experts warn on crony capitalism gripping country

FE Report 2018-09-25 09:57:58

Bangladesh is going through a 'crony capitalism' phase due to the growing nexus between certain political class and business class, experts said at a workshop in the capital on Monday. Such 'monopoli...

US wants to invest in telecom sector

US wants to invest in telecom sector

-- 2018-09-24 19:47:49

The United States has expressed its interest to investment in telecommunication sector of Bangladesh. US envoy in Dhaka Marcia Bernicat conveyed the interest of her country during a meeting with Post...

Apex Footwear to buy land, building in Tongi

Apex Footwear to buy land, building in Tongi

FE Report 2018-09-24 13:48:42

Apex Footwear, an 'A' category company, will purchase one bigha (20 kathas) of land with a six-story building at a cost of Tk 290 million, excluding registration and other costs. The company on Sunda...

DSE continues declining trend

DSE continues declining trend

FE Online Report 2018-09-24 12:07:12

Stocks on the Dhaka bourse on Monday witnessed a declining trend for the second consecutive session due to correction witnessed by the major sectors. On the day, losers also took control over the gai...

Evince Textiles goes to 'Z' category today

Evince Textiles goes to 'Z' category today

FE Report 2018-09-24 10:57:55

Evince Textiles Limited (ETL), an 'A' category company, will be placed in 'Z' category today (Monday) as the company has not recommended any dividend for the year ended on June 30, 2018. The company...

'Economic expansion requires focus on capital market'

'Economic expansion requires focus on capital market'

FE Report 2018-09-24 09:50:45

Capital market should be the key funding source for Bangladesh's future economic expansion instead of banks and financial institutions, experts said. Such shift is also necessary to attain sustainabl...

Waning grant flow impacting budget financing

Waning grant flow impacting budget financing

Jasim Uddin Haroon 2018-09-24 09:31:37

The availability of foreign grant has been declining over the past few years, putting the government's budget financing under pressure. Development partners now view that Bangladesh's gross national...

‘Bangladesh economy performing well’

‘Bangladesh economy performing well’

-- 2018-09-23 16:31:37

Expecting another decade of vibrant economic activities, Finance Minister AMA Muhith today (Sunday) said Bangladesh’s economy has been performing well for the last 10 years. “We have mana...

Dhaka bourse closes with moderate loss

Dhaka bourse closes with moderate loss

FE Online Report 2018-09-23 16:28:42

The Dhaka bourse on Sunday closed with a moderate loss following correction witnessed by major sectors. Of the major sectors, bank, financial institutions and fuel & power witnessed and left a ne...

Bourses' key indices end lower last week

Bourses' key indices end lower last week

FE Report 2018-09-23 12:26:23

The Dhaka bourse witnessed losses in the broad index and turnover in the last week ended Thursday, as the investors remained 'watchful' ahead of the corporate declarations for the year ended on June 3...

DSE opens lower

DSE opens lower

FE Online Report 2018-09-23 12:09:47

The Dhaka bourse has opened the week’s first session with a loss as losers took control over the gainers. The market initially opened with a positive note on Sunday but the broad index of the D...

UCB adopts special strategy to cut NPLs, increase profit

UCB adopts special strategy to cut NPLs, increase profit

Mohammad Mufazzal 2018-09-23 10:31:09

United Commercial Bank (UCB) has adopted special strategy to reduce its non-performing loans (NPLs), which was mainly responsible for comparatively poor net profits registered in the last couple of ye...

Resource mobilisation biggest challenge to SDGs: Report

Resource mobilisation biggest challenge to SDGs: Report

Mehdi Musharraf Bhuiyan 2018-09-23 09:51:45

Resource mobilisation remains the "biggest challenge" for the implementation of the UN's Sustainable Development Goals in Bangladesh, a forthcoming government report has cautioned. Traditional source...

Netherlands to help BD export jute products

Netherlands to help BD export jute products

-- 2018-09-22 13:45:36

The Netherlands has assured support for exporting diversified jute products from Bangladesh to the European Union (EU) market. This was conveyed to Bangladesh Ambassador to the Netherlands Sheikh Moh...

Govt to modernize three jute mills

Govt to modernize three jute mills

-- 2018-09-21 18:52:18

 The government has taken a project for modernization and expansion of three Jute mills under the Bangladesh Jute Mills Corporation (BJMC) at a cost of Tk 1.74 billion to retain the lost glory of...

Govt may increase gas prices  next week

Govt may increase gas prices next week

-- 2018-09-21 15:53:53

Government is all set to hike gas prices next week.   However, residential and commercial consumers will be spared from paying higher prices, according to a report by UNB.   The upward...

Four cos' share price soaring sans PSI

Four cos' share price soaring sans PSI

FE Report 2018-09-21 11:55:20

The share prices of four companies were rising despite having no undisclosed price sensitive information (PSI). The companies are Shasha Denims, Pragati Life Insurance, Khulna Power Company and Saf...

Dhaka sounds positive as Delhi pushes for CEPA

Dhaka sounds positive as Delhi pushes for CEPA

FE Report 2018-09-21 11:51:45

India is pressing Bangladesh to sign a comprehensive economic partnership agreement (CEPA) covering various aspects of economic relations, officials said. The neighbouring economic giant first raised...