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The Financial Express

Search results for: Bangladesh

DSE capital gain tax likely at 5.0pc

DSE capital gain tax likely at 5.0pc

FE Report 2018-09-13 12:01:25

There has been a reduction in capital gain tax to 5.0 per cent from 15 per cent on the Chinese funds for the Dhaka Stock Exchange (DSE) shareholders. Finance Minister AMA Muhith declared the tax cut...

Stocks manage some gains at opening

Stocks manage some gains at opening

FE Online Report 2018-09-13 11:28:11

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading on Thursday investors are showing buying spree on sector specific stocks. Following the previous day’...

Top ten traded companies clinch 39pc transaction

Top ten traded companies clinch 39pc transaction

FE Report 2018-09-13 10:41:23

Top ten traded companies captured 39 per cent turnover of the major bourse on Wednesday while Khulna Power Company topped the chart for second day in a row. Market insiders said that despite the mark...

Western Marine EGM revises rights issue proposal

Western Marine EGM revises rights issue proposal

Our Correspondent 2018-09-13 10:37:52

Western Marine Shipyard (WMS) held its seventh extraordinary general meeting (EGM) at the Chittagong Boat Club in the city recently with participation of general shareholders. The company's Chairman...

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

FE Report 2018-09-13 09:27:11

The number of loan defaulters in the country reached 230,658, and the amount of unrecovered loan from them totalled over Tk 1.31 trillion until June 2018, according to the central bank. Finance Minis...

Provisioning shortfall soars 18pc to Tk 79.90b in H1

Provisioning shortfall soars 18pc to Tk 79.90b in H1

FE Report 2018-09-13 09:20:39

Overall shortfall in provisioning against loans in the country's banking system swelled by over 18 per cent or Tk 12.23 billion in the first half (H1) of this calendar year (2018). The aggregate amou...

Stocks end lower after choppy trading

Stocks end lower after choppy trading

FE Online Report 2018-09-12 15:56:35

Stocks ended marginally lower on Wednesday after volatile trading as cautious investors went on late hours selling binge. Analysts said the some investors went on late hours selling spree, particular...

Get clear idea before investing in share market: PM

Get clear idea before investing in share market: PM

-- 2018-09-12 12:50:43

Prime Minister Sheikh Hasina has called upon the small investors not to get tempted by others while investing in the capital market but take their own decisions after knowing everything about a compan...

Stocks drift higher on buying spree

Stocks drift higher on buying spree

FE Online Report 2018-09-12 11:39:05

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading on Wednesday investors are showing buying spree on sector specific stocks. Following the previous day&rsq...

BSEC celebrates silver jubilee

BSEC celebrates silver jubilee

FE Online Desk 2018-09-12 11:23:17

The Bangladesh Securities and Exchange Commission (BSEC) is celebrate its silver jubilee on Wednesday through a series of programmes. Prime Minister Sheikh Hasina has inaugurated the event at Banga...

Indo-Bangla Pharma leads DSE turnover chart

Indo-Bangla Pharma leads DSE turnover chart

FE Report 2018-09-12 10:47:17

Indo-Bangla Pharmaceuticals will allocate 20 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Tuesday. The event was held at the Institution of En...

Khulna Power leads Dhaka bourse’s turnover chart

Khulna Power leads Dhaka bourse’s turnover chart

FE Report 2018-09-12 10:31:28

Top ten companies captured more than 38 per cent transaction of the Dhaka bourse on Tuesday while Khulna Power Company Ltd (KPCL) topping the list once again. Market insiders said investors were most...

Most banks renege on promises despite availing benefits

Most banks renege on promises despite availing benefits

Siddique Islam 2018-09-12 09:23:32

The majority of the banks have not brought down the lending rate to single digits despite availing both policy and fiscal supports offered by the government. More than three dozen banks did not re-fi...

Tk 602.68b subsidies for agriculture in 9 yrs

Tk 602.68b subsidies for agriculture in 9 yrs

-- 2018-09-11 20:46:37

The government has provided Tk 602.68 billion as subsidies for agriculture sector of the country in the last nine years, agriculture minister Begum Matia Chowdhury said. “Highest subsidies was...

Land office earns Tk 4.59b as revenue in 9-yr

Land office earns Tk 4.59b as revenue in 9-yr

-- 2018-09-11 19:56:24

Land (Bhumi) offices across the country has earned Tk 4.59 billion as general and organisational revenue from 2009-2010 to 2017-2018. “The present government has decided to set up land office...

ECNEC approves Madrasha dev project of Tk 59.19b

ECNEC approves Madrasha dev project of Tk 59.19b

-- 2018-09-11 19:16:22

The ECNEC has approved the Selected Madrasha Development Project with an estimated cost of Tk 59.19 billion in a bid to ensure infrastructural development of some 2,000 madrashas in the country. Th...

Bangladesh creating ultra-wealthy population

Bangladesh creating ultra-wealthy population

-- 2018-09-11 18:29:17

Bangladesh is creating fastest-growing ultra wealthy population over the past five years accumulating more wealth at a faster pace than China and USA, says a new report from data firm Wealth-X. The U...

Stocks give up morning gains

Stocks give up morning gains

FE Online Report 2018-09-11 16:34:01

Stocks gave up early gains and closed almost flat on Tuesday after volatile trading as investors mostly followed cautious stance. Market insiders said the investors followed ‘wait-and-see&rsquo...

Western Marine recommends 20pc stock dividend

Western Marine recommends 20pc stock dividend

FE Online Report 2018-09-11 11:15:34

The board of directors of Western Marine Shipyard has recommended 20 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval of dividen...

BSEC celebrates silver jubilee tomorrow

BSEC celebrates silver jubilee tomorrow

FE Report 2018-09-11 10:21:18

The Bangladesh Securities and Exchange Commission (BSEC) will celebrate its silver jubilee tomorrow (Wednesday) through a series of programmes. Prime Minister Sheikh Hasina is scheduled to attend the...

Active Fine's share price soaring without PSI

Active Fine's share price soaring without PSI

FE Report 2018-09-11 10:11:19

The share price of Active Fine Chemicals is soaring without having any undisclosed price sensitive information (PSI). Within three consecutive trading days, the company's share price jumped nearly...

NPLs soar by over 20pc

NPLs soar by over 20pc

Siddique Islam 2018-09-11 09:38:15

Despite close monitoring by the central bank, the amount of non-performing loans (NPLs) jumped by over 20 per cent or Tk 150.37 billion at the end of June this year from December last year. The volum...

Indo-Bangla Pharma’s IPO lottery draw Tuesday

Indo-Bangla Pharma’s IPO lottery draw Tuesday

FE Online Report 2018-09-10 18:14:03

The initial public offering (IPO) lottery draw of Indo-Bangla Pharmaceuticals will be held tomorrow (Tuesday), said officials. The event will be held at 10:30 am at the Auditorium of the Institution...

Stocks edge lower for second day

Stocks edge lower for second day

FE Online Report 2018-09-10 17:53:12

Stocks ended marginally lower for two consecutive sessions on Monday as investors opted to book profits in the later part of the session. Market insiders said the downward shift in the index is mainl...

ADB to provide $357m to develop power lines

ADB to provide $357m to develop power lines

-- 2018-09-10 17:43:06

The Asian Development Bank (ADB) will provide $350 million in loan and $7.5 million in grant for a project to develop two power lines in support of Bangladesh's national target of electricity for all...

Stocks hold onto early gains at midday

Stocks hold onto early gains at midday

-- 2018-09-10 12:48:51

Stocks on the country's both bourses stayed in the positive trend at midday on Monday as investors remained active on sector specific stocks. Following the previous day’s marginal correction, t...

Bourses see gains in early trading

Bourses see gains in early trading

FE Online Report 2018-09-10 11:35:10

The prices of most of the shares on both bourses saw an upward trend in early hour of trading on Monday as investors were showing their buying spree on sector specific stocks. Following the previous...

Regional lending gap threatens SDGs: Study

Regional lending gap threatens SDGs: Study

FE Report 2018-09-10 09:37:06

The big regional lending gap emerged one of the major barriers to the country's financial institutions (FIs) in achieving SDGs (sustainable development goals), according to a study released on Sunday....

Stocks slip into red as banks keep falling

Stocks slip into red as banks keep falling

FE Online Report 2018-09-09 16:25:58

Stocks ended marginally lower on Sunday, snapping a three-day gaining streak, as risk-averse investors opted to book profit on sector specific stocks. Market insiders said stocks fell marginally as i...

Peninsula Chittagong to expand hotel building

Peninsula Chittagong to expand hotel building

FE Online Report 2018-09-09 12:51:19

The board of directors of The Peninsula Chittagong has decided to renovate and expand the hotel building, said an official disclosure on Sunday. The cost of the said renovations and expansion outlets...