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The Financial Express

Search results for: Bangladesh

MLT foreign loans jump by 80pc in FY18

MLT foreign loans jump by 80pc in FY18

FE Online Report 2018-08-23 13:31:23

Medium and long-term (MLT) loans in the past fiscal year (FY18) jumped by around 80 per cent over the previous year, according to the latest statistics of Bangladesh Bank. The annual Balance of Payme...

Bangladesh 57th top exporting country

Bangladesh 57th top exporting country

FE Online Report 2018-08-23 12:42:00

Bangladesh has been ranked as the 57th top merchandise exporting country in the past year, according to the World Trade Organization – Trade Profiles 2018. The report, released last month (July...

Rosatom starts installation of core catcher at Rooppur nuclear power plant

Rosatom starts installation of core catcher at Rooppur nuclear power plant

-- 2018-08-21 16:54:31

  Russian Rosatom has started installation of the core catcher protection system at the construction site of unit 1 of the 2.4GW Rooppur nuclear power plant in Bangladesh.   According to...

Azerbaijan’s drilling co eyes to expand activity in Bangladesh

Azerbaijan’s drilling co eyes to expand activity in Bangladesh

-- 2018-08-21 15:33:14

Azerbaijan’s drilling company SOCAR-AQS intends to expand its activity in Bangladesh, director general of the company Ramin Isayev told Trend on August 20. Earlier, SOCAR-AQS won a tender for d...

Kattali Textile’s IPO subscription to open Aug 28

Kattali Textile’s IPO subscription to open Aug 28

FE Online Report 2018-08-21 13:15:29

The public subscription of Kattali Textile Ltd will open on August 28 which will raise a fund worth Tk 340 million from the capital market, officials said. The initial public offering (IPO) subscript...

DSE mobile app users now 34,080

DSE mobile app users now 34,080

FE Online Report 2018-08-21 12:52:19

Share trading through DSE mobile app continued to rise as the number of active users of the application exceeded 34,000-mark recently. The Dhaka Stock Exchange (DSE) on March 9, 2016 launched the mob...

DSE market cap sheds Tk 307b in eight months

DSE market cap sheds Tk 307b in eight months

FE Online Report 2018-08-21 12:35:36

The Dhaka Stock Exchange’s market capitalisation has lost about Tk 307 billion in the past eight months as investors sold large-cap stocks. During the period, DSEX, the prime index of the DSE w...

Stocks extend winning streak for fourth day

Stocks extend winning streak for fourth day

FE Online Report 2018-08-20 18:06:53

Stocks extended their winning streak for the four straight sessions on Monday, the last trading session before five-day Eid-ul-Azha vacation. Trading and official activities on both bourses will rema...

HC clears Kay & Que, Multisourcing merger

HC clears Kay & Que, Multisourcing merger

FE Report 2018-08-20 10:38:10

Kay & Que (Bangladesh) has informed that the High Court has cleared amalgamation of Multisourcing Ltd. with Kay & Que. Earlier on June 11 this year, the Kay & Que disclosed that Multiso...

Dragon Sweater recommends 25pc dividend

Dragon Sweater recommends 25pc dividend

FE Online Report 2018-08-20 10:13:11

The board of directors of Dragon Sweater has recommended 5.0 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2018. The final approval of the dividend will come during the...

BB pumps Tk 3.6b into three banks

BB pumps Tk 3.6b into three banks

Siddique Islam 2018-08-20 09:59:11

The Bangladesh Bank (BB) injected funds amounting to nearly Tk 3.60 billion into three banks on Sunday to help minimise their cash withdrawal pressure ahead of the Eid-ul-Azha, officials said. The ce...

DSEX exceeds 5,500-mark riding on financial stock

DSEX exceeds 5,500-mark riding on financial stock

FE Online Report 2018-08-19 17:52:53

Stocks extended the winning spell for three straight sessions on Sunday with core index of the prime bourse crossing the 5,500-mark riding on financial stocks. Analysts said the market passed a bulli...

BD to participate at World Skills Competition in Russia

BD to participate at World Skills Competition in Russia

FE Online Desk 2018-08-19 13:59:57

Bangladesh is going to participate at the World Skills Competition to be held in Russia in next year. WorldSkills is the collective voice for skills excellence and development in vocational, technolo...

Stocks soar on post-Eid optimism

Stocks soar on post-Eid optimism

FE Online Report 2018-08-19 11:28:14

The prices of most of the stocks witnessed positive trend in early hour of trading on Sunday amid post-Eid optimism. Only one trading session is left before Eid-ul-Azha vacation. Following the prev...

BJMC gets Tk 1.0b fund for paying wages to workers

BJMC gets Tk 1.0b fund for paying wages to workers

FE Report 2018-08-19 10:38:58

The government has funded Tk 1.0 billion to provide wages and festival allowances for jute mill workers, officials said. The textiles and jute ministry released the non-development loan for the Bangl...

Most MFs declare lower dividends

Most MFs declare lower dividends

Babul Barman 2018-08-19 10:36:42

Majority of the mutual funds (MFs) declared lower dividends for their unit holders for the fiscal year 2017-18 due to the bearish trend in the secondary market. The trustee committees of 32 MFs, ou...

Stocks end higher as bank shares keep gaining

Stocks end higher as bank shares keep gaining

FE Report 2018-08-18 10:25:25

Stocks ended higher last week that ended on Thursday as investors showed their buying appetite on large-cap stocks amid post-Eid positive expectation. Market operators said investors showed their buy...

BSEC suspends share trading of three cos for 30 sessions

BSEC suspends share trading of three cos for 30 sessions

FE Report 2018-08-17 11:03:44

The securities regulator has suspended share trading of three companies for 30 sessions, following 'abnormal' price hikes and 'unusual' trade volumes of the stocks. The companies' share prices rose...

IFAD Autos to purchase land for expansion

IFAD Autos to purchase land for expansion

FE Report 2018-08-17 10:55:33

IFAD Autos, an automobile dealer, has decided to purchase more 90 decimal of land adjacent to its factory at Dhamrai for future expansion of the company's business. The total cost of the land is Tk 1...

Call rate rise unlikely ahead of Eid-ul-Azha

Call rate rise unlikely ahead of Eid-ul-Azha

Siddique Islam 2018-08-17 10:15:26

The inter-bank call money rate is unlikely to rise ahead of the Eid-ul-Azha, as the overall excess liquidity with the banks increased by over 22 per cent or Tk 171 billion in this June. The call mone...

Stocks end higher as sale pressure ease

Stocks end higher as sale pressure ease

FE Online Report 2018-08-16 15:22:37

Stocks ended higher on Thursday as investors showed their buying appetite on large-cap stocks as pre-Eid sale pressure eased. The investors continued to show buying spree on largest market-cap Gram...

Sandhani Life Ins recommends 20pc stock dividend

Sandhani Life Ins recommends 20pc stock dividend

FE Online Report 2018-08-16 12:12:06

The board of directors of Sandhani Life Insurance Company has recommended 20 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The final approv...

DSE, CSE inch up at opening

DSE, CSE inch up at opening

FE Online Report 2018-08-16 11:56:34

The prices of most of the stocks witnessed upward trend in early hour of trading on Thursday as pre-Eid sale pressure eased some extent. Only two trading sessions are left before Eid-ul-Azha vacation...

Formation of co to facilitate stock trading getting delayed

Formation of co to facilitate stock trading getting delayed

FE Report 2018-08-16 10:55:45

The formation of a proposed company for facilitating trades in the stock market is taking much time than expected due to delay in getting necessary approval from the Bangladesh Securities and Exchange...

Ten cos raise Tk 4.67b through IPOs in eight months

Ten cos raise Tk 4.67b through IPOs in eight months

Babul Barman 2018-08-16 10:50:17

Ten companies raised an aggregate amount of Tk 4.67 billion through initial public offerings (IPOs) in the first eight months of this calendar year. Market operators said the fund raising through t...

Bangladesh to increase wheat imports 10pc in 2018/19

Bangladesh to increase wheat imports 10pc in 2018/19

-- 2018-08-15 20:38:23

Bangladesh will import around 6.5 million tonnes of wheat in the next marketing year, the USDA’s local branch in the country estimated, according to a report published on www.agricensus.com Wedn...

BSEC allows ADN Telecom to determine IPO cut-off price

BSEC allows ADN Telecom to determine IPO cut-off price

FE Report 2018-08-15 10:26:59

The securities regulator has allowed ADN Telecom to determine its cut-off price - a requirement for going public under the book building method. The approval came at a meeting at the office of the...

Top 10 cos snare 28pc turnover of DSE

Top 10 cos snare 28pc turnover of DSE

FE Report 2018-08-15 10:22:08

Top 10 traded companies captured nearly 28 per cent transaction of the Dhaka bourse on Tuesday while BBS Cables topping the chart for fourth straight day. According to statistics available with the...

Dhaka city to get 0.85m pre-paid meters

Dhaka city to get 0.85m pre-paid meters

FE Report 2018-08-15 09:40:58

The government has approved a Tk 6.58 billion project to install 0.85 million pre-paid meters in Dhaka city. The Dhaka Power Distribution Company (DPDC) will implement the project. Presided over by...

Mahathir for opening up BD worker recruitment to all agencies

Mahathir for opening up BD worker recruitment to all agencies

-- 2018-08-14 20:18:22

The Malaysian government wants to open up the recruitment of workers in Bangladesh to all agencies to break the monopoly on the business and reduce processing fees, according to a report by New Strait...