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The Financial Express

Search results for: Bangladesh

Stocks end flat as large-cap stocks plunge

Stocks end flat as large-cap stocks plunge

FE Online Report 2018-08-09 17:34:33

Stocks ended almost flat on Thursday as investors selling some large-cap stocks in later part of the session. Analysts said the some investors sold shares especially large-cap Grameenphone, Square Ph...

Two more mutual funds declare dividend

Two more mutual funds declare dividend

FE Online Report 2018-08-09 13:09:34

The Trustee Committees of two more mutual funds (MFs) have declared dividend for the year ended on June 30, 2018, according to separate official disclosures on Thursday. CAPM BDBL Mutual Fund:  ...

India's rural-urban mobile ownership gap is worse than Bangladesh

India's rural-urban mobile ownership gap is worse than Bangladesh

-- 2018-08-09 12:01:54

India has nearly one billion phone users and yet there is a wide gap between the ownership of mobiles in the country, according to report published on India Today. According to a report by a Sri Lank...

United Power recommends 110pc dividend

United Power recommends 110pc dividend

FE Online Report 2018-08-09 11:51:12

The board of directors of United Power Generation & Distribution Company Limited has recommended 90 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2018, said an offici...

Stocks on both bourses open higher

Stocks on both bourses open higher

FE Online Report 2018-08-09 11:34:27

The prices of most of the shares saw a positive trend in the early hour of trading on Thursday as investors were showing their buying spree on sector-wise stocks. Following the previous day’s u...

IPO subscription of Indo-Bangla Pharma opens today

IPO subscription of Indo-Bangla Pharma opens today

FE Report 2018-08-09 10:24:10

 The public subscription of Indo-Bangla Pharmaceuticals Ltd begins today (Thursday) for raising a fund worth Tk 200 million. The public subscription by the eligible investors will be continued t...

‘$44b export target set for FY19’

‘$44b export target set for FY19’

-- 2018-08-08 18:24:12

Commerce Minister Tofail Ahmed on Wednesday said the government has set an export target of US$44 billion for fiscal 2018-19 (FY19). “Of the total, $39 billion is targeted for goods export whil...

Bangladesh sending caregivers to Japan

Bangladesh sending caregivers to Japan

-- 2018-08-08 17:30:32

Bangladesh is going to send caregivers to Japan for the first time this year opening a new opportunity of remittance inflow. A total of seven women aged between 18 and 23 years are taking final train...

DSEX exceeds 5400-mark after six weeks

DSEX exceeds 5400-mark after six weeks

FE Online Report 2018-08-08 16:06:34

Stocks ended higher for the two consecutive sessions Wednesday with core index of the premier bourse crossing the 5,400-mark as enthusiastic investors continued their buying spree. Brokers said the m...

‘No changes’ to yield rates of savings tools before next election

‘No changes’ to yield rates of savings tools before next election

FE Report 2018-08-08 14:50:14

Finance Minister AMA Muhith has ruled out the possibility of reducing the yield rates of state-run savings instruments before the upcoming national elections. "We are not making any changes to the...

Two more firms under DSE scanner

Two more firms under DSE scanner

FE Online Report 2018-08-08 12:13:14

The Dhaka Stock Exchange (DSE) has decided to review two more listed firms which did not did not pay any dividend in the last five years. “The performance of the following listed securities wil...

Bourses mostly higher at opening

Bourses mostly higher at opening

FE Online Report 2018-08-08 12:04:22

The prices of most of the stocks saw a positive trend in the early hour of trading on Wednesday as investors were showing their buying spree on sector-wise stocks. Following the previous day’s...

Most cos see earnings rise in H1

Most cos see earnings rise in H1

FE Report 2018-08-08 10:46:51

The earnings of most of the general insurance companies listed with the country's stock exchanges increased during the first half (H1) of this year as compared to the same period of previous year. Ac...

Country in the grip of ‘twin deficits’

Country in the grip of ‘twin deficits’

Jasim Uddin Haroon 2018-08-08 09:59:14

Fiscal deficits in developing economies including Bangladesh have direct impact on the current account imbalance, reflecting the 'twin-deficits'. This new relationship was found in the latest study c...

Govt to acquire 500 acres more land for Araihazar Economic Zone

Govt to acquire 500 acres more land for Araihazar Economic Zone

-- 2018-08-07 19:29:35

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved a revised project to acquire additional 500 acres of land for Araihazar Economic Zone in Narayanganj following the...

11 development projects get ECNEC nod

11 development projects get ECNEC nod

FE Online Report 2018-08-07 19:06:47

The government on Tuesday approved 11 development projects including the smart electricity bill prepaid meter installation project at a total cost of Tk 64.48 billion.     The approval...

Inflation dips slightly in July

Inflation dips slightly in July

FE Online Report 2018-08-07 19:00:42

The point-to-point inflation rate dropped by 0.03 percentage point in the first month of the current fiscal (FY19), according to the official data. As per Bangladesh Bureau of Statistic (BBS) data, u...

BB to release new notes from August 13

BB to release new notes from August 13

FE Online Report 2018-08-07 18:39:54

Bangladesh Bank (BB) will release new currency notes for Taka 10, 20, 50 and Taka 100 in the market from August 13 ahead of Eid-ul-Azha. A press release issued by the central bank said, the new notes...

IPO lottery draw of ML Dyeing Thursday

IPO lottery draw of ML Dyeing Thursday

FE Online Report 2018-08-07 16:34:36

The initial public offering (IPO) lottery draw of ML Dyeing Ltd will be held on Thursday (August 9), officials said. The event will be held at the auditorium of the Institution of Engineers Banglades...

Bourses positive as students' protests ease

Bourses positive as students' protests ease

FE Online Report 2018-08-07 11:49:19

Stocks witnessed an upward trend in early hour of trading on Tuesday as investors were showing their buying spree as students’ road safety protests eased some extent. Following the previous two...

DSE to review performance of 13 listed companies

DSE to review performance of 13 listed companies

FE Online Report 2018-08-07 11:28:19

The Dhaka Stock Exchange (DSE) has decided to review the performance of 13 listed companies which failed to declare dividend for the last five years.  “The performance of the following lis...

Jute Spinners share price soaring despite no production

Jute Spinners share price soaring despite no production

FE Report 2018-08-07 10:47:53

Share price of Jute Spinners, a "Z" category company, is soaring despite the company's production remained suspended for more than two years since June 2016. Within four trading sessions, the compa...

Inward remittances may cross $17 billion this fiscal: BB

Inward remittances may cross $17 billion this fiscal: BB

Siddique Islam 2018-08-07 10:37:45

The central bank expects the overall inward remittance to cross the $17 billion mark by the end of fiscal year (FY) 2018-19. Multiple moves are already in place to spur inflows. "We've estimated c...

'Recapitalising state banks poses biggest downside risk to economy'

'Recapitalising state banks poses biggest downside risk to economy'

FE Report 2018-08-07 09:58:32

A leading chamber was critical on Monday of recpitalising the state lenders, saying it is one of the biggest downside risks to the economy. The Metropolitan Chamber of Commerce and Industry, Dhaka (M...

Three more mutual funds declare dividend

Three more mutual funds declare dividend

FE Online Report 2018-08-06 19:29:16

The Trustee Committees of three more mutual funds have declared dividend for the year ended on June 30, 2018, according to separate official disclosures on Monday. Asian Tiger Sandhani Life: The Trus...

Stocks meander to end on low note

Stocks meander to end on low note

FE Online Report 2018-08-06 15:52:42

Stocks inched lower on Monday after volatile trading as investors remained cautious stance. Brokers said the market finished flat as a section of investors continued on profit booking tendency whil...

Grameen MF Two declares 12pc dividend

Grameen MF Two declares 12pc dividend

FE Online Report 2018-08-06 14:42:21

The Trustee Committee of Grameen Mutual Fund One: Scheme Two has decided to distribute 12 per cent cash dividend for the year ended on June 30, 2018. The Trustee Committee of the mutual fund decided...

BR west zone earns Tk 5.9645b revenue in 2017-18 FY

BR west zone earns Tk 5.9645b revenue in 2017-18 FY

-- 2018-08-06 12:58:18

The West Zone of Bangladesh Railway has earned revenue worth around Tk 5.9645 billion during the last 2017-18 fiscal year up by Tk 1.1834 billion over the previous 2016-17 fiscal. Of the total earnin...

Aman Cotton Fibrous makes flying debut

Aman Cotton Fibrous makes flying debut

FE Online Report 2018-08-06 11:45:00

Aman Cotton Fibrous Ltd made a flying trading debut on stock exchanges today (Monday) under "N" category, officials said. Its share price trading between Tk 60 and Tk 81 during the first 40 minutes o...

Stocks languish in early trading

Stocks languish in early trading

FE Online Report 2018-08-06 11:43:24

Stocks witnessed downward trend in early hour of trading on Monday as investors are showing their selling spree on sector-wise stocks. Following the previous day’s downward trend, the Dhaka S...