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The Financial Express

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Rise in earning per unit of mutual funds

Rise in earning per unit of mutual funds

FE REPORT 2021-08-16 10:06:28

Many listed mutual funds (MFs) saw rise in earnings per unit (EPU) for April-June, 2021 compared to same period of the previous year riding on their returns from the stock market. Apart from recommen...

Tax receipts from DSE jump 54pc

Tax receipts from DSE jump 54pc

BABUL BARMAN 2021-08-16 09:57:24

The government's revenue earnings from the Dhaka Stock Exchange (DSE) rose 54 per cent year-on-year in the first month of the current fiscal year as trading volume was on the rise. Market analysts sa...

Microfinance institutions falling into non-performing loan trap

Microfinance institutions falling into non-performing loan trap

Siddique Islam 2021-08-16 08:42:02

The amount of classified loans in the micro-finance institutions (MFIs) jumped by 25 per cent in fiscal year (FY) 2019-20 mainly due to the Covid-19 pandemic, officials said. The non-performing loa...

Investors allowed to avail of credit facilities as per existing margin ratio

Investors allowed to avail of credit facilities as per existing margin ratio

FE REPORT 2021-08-15 09:57:44

Investors will be allowed to avail credit facilities as per the existing margin ratio until the broad index of the premier bourse exists below 8000 points. The Bangladesh Securities and Exchange Co...

Bangladesh's revenue receipts increase 21pc

Bangladesh's revenue receipts increase 21pc

DOULOT AKTER MALA 2021-08-15 08:32:09

The tax revenue collection recorded an impressive 21 per cent growth in the fiscal year (FY) 2020-21 over that of the previous FY. Greater mobilisation of corporate and withholding tax made the fea...

Govt giving importance to local, foreign investment for post-pandemic recovery

Govt giving importance to local, foreign investment for post-pandemic recovery

UNB 2021-08-14 18:52:24

With the pandemic hitting the economy hard as an external shock, the government gives immense importance to investments, both local and foreign ones, for ensuring balanced development and improving th...

Construction work of Karnaphuli tunnel in full swing as lockdown eased

Construction work of Karnaphuli tunnel in full swing as lockdown eased

FE REPORT 2021-08-14 10:04:08

CHATTOGRAM: The construction work of the second tube of the Bangabandhu Tunnel under the Karnaphuli River is going on in full swing in the post-lockdown period. Once established, the dream project wi...

Tamijuddin Textile returns to CSE's main market Monday

Tamijuddin Textile returns to CSE's main market Monday

FE REPORT 2021-08-14 09:56:16

Tamijuddin Textile Mills will be traded on the Chittagong Stock Exchange's main market from Monday (August 16), after remaining in the over-the-counter (OTC) market since 2009. The port city bourse h...

Securities regulator increases margin loan ratio

Securities regulator increases margin loan ratio

FE ONLINE REPORT 2021-08-14 09:49:18

BSEC has directed all TREC holders to extend the facility considering the pandemic. The loan ratio against the investment will be 80 per cent if the DSE main index DSEX remains below 8000, said the B...

Eight mutual funds declare cash dividends

Eight mutual funds declare cash dividends

FE REPORT 2021-08-13 09:57:30

Eight closed-end mutual funds managed by ICB Asset Management Company Ltd. (AMCL) have declared cash dividends for the year ended on June 30, 2021. The trustee committees of these funds have approved...

Bangladeshi banks may face asset quality challenge in post-Covid situation

Bangladeshi banks may face asset quality challenge in post-Covid situation

-- 2021-08-13 09:19:16

Maintaining the existing asset quality, now largely helped by generous government support regimes, may emerge as a key challenge in post-pandemic situation for Bangladesh's banking sector. Such progn...

DSEX closes near 6700-mark on buying spree

DSEX closes near 6700-mark on buying spree

FE Online Report 2021-08-12 17:20:27

Stocks extended their rally on Thursday with all three indices and market-cap surged to new peaks amid high expectations among investors. DSEX, the core index of the Dhaka Stock Exchange, went up b...

Stocks open on upbeat note amid optimism

Stocks open on upbeat note amid optimism

FE ONLINE REPORT 2021-08-12 10:47:07

Stocks opened on an upbeat note on Thursday as the buoyant investors continued their buying spree on major sector issues amid positive expectations. DSEX, the prime index of the Dhaka Stock Exchang...

Regulator approves IPO of Sena Kalyan Insurance

Regulator approves IPO of Sena Kalyan Insurance

FE REPORT 2021-08-12 10:06:07

The securities regulator has approved the IPO (initial public offering) proposal of Sena Kalyan Insurance Company which will raise a capital worth Tk 160 million under the fixed price method. The a...

Finance minister Kamal upbeat on high remittance inflow

Finance minister Kamal upbeat on high remittance inflow

FE REPORT 2021-08-12 09:54:03

Finance Minister AHM Mustafa Kamal expressed doubt over the patriotism of people who talks otherwise about higher remittance inflow and its continuation. "I am in doubt whether those, who oppose it...

Listed companies seek waiver from accrued interest payment

Listed companies seek waiver from accrued interest payment

Mohammad Mufazzal 2021-08-12 08:59:27

Listed companies have sought waiver from the payment of accrued interests on unclaimed or undistributed dividends or non-refunded public subscription money saying that such funds were included in re...

Savings tools information under taxmen's watch

Savings tools information under taxmen's watch

DOULOT AKTER MALA 2021-08-12 08:29:27

All investors in government savings certificates are coming under scrutiny by taxmen to check any information holdback on their actual wealth. The tax authority has already got down to doing the rech...

Central bank dispels bankers' worry, sticks to gun

Central bank dispels bankers' worry, sticks to gun

Siddique Islam 2021-08-12 08:24:03

Scuttling all concerns of top bankers, the central bank said it wouldn't budge from its instructions on fixing the interest rates on fixed deposits commensurate with inflation so to protect depositors...

Stocks edge higher after a single-day break

Stocks edge higher after a single-day break

FE ONLINE REPORT 2021-08-11 18:44:08

Stocks edged marginally higher on Wednesday, after a single-day break, as investors were active on both sides of the trading fence. Meanwhile, South Bangla Agriculture & Commerce Bank (SBAC) made...

Stocks open higher on institutional buying binge

Stocks open higher on institutional buying binge

FE ONLINE REPORT 2021-08-11 11:00:10

Stocks opened on a positive note on Wednesday, after the previous day’s marginal correction, as the buoyant investors continued their buying spree on major sector issues. DSEX, the prime inde...

Walton declares 250pc cash dividend for general shareholders

Walton declares 250pc cash dividend for general shareholders

FE ONLINE REPORT 2021-08-11 10:26:09

The board of directors of Walton Hi-Tech Industries has recommended 250 per cent cash dividend for general public shareholders and 170 per cent cash dividend for directors and sponsors for the year en...

Nine companies under regulator's scanner

Nine companies under regulator's scanner

FE REPORT 2021-08-11 09:59:08

The securities regulator will probe into the trading of nine listed companies to find out unlawful or fraudulent activities occurred while conducting transactions of the shares of the companies. To t...

Bankers balk at minimum deposit interest rate

Bankers balk at minimum deposit interest rate

SIDDIQUE ISLAM 2021-08-11 08:26:35

A portion of fixed deposits rather than the entire amount in Bangladesh's banking sector is set to come under 'floor', or minimum interest rating, imposed by the central bank recently to protect dep...

Inflation slightly falls in July amid pandemic

Inflation slightly falls in July amid pandemic

-- 2021-08-10 18:42:17

The inflation rate slightly declined by 0.28 per cent on a point-point basis as it came down at 5.36 percentage point in July 2021. “The general point-to-point inflation rate came down to 5.36...

Stocks snap six-day rally on profit booking

Stocks snap six-day rally on profit booking

FE Online Report 2021-08-10 16:22:40

Stocks slipped into the red on Tuesday, snapping a six-day rally, as shaky investors preferred to book profit on quick-gaining stocks. Following the record-breaking rally in the past six straight s...

Berger Paints BD’s profit jumps 594pc in Apr-Jun

Berger Paints BD’s profit jumps 594pc in Apr-Jun

FE ONLINE REPORT 2021-08-10 12:02:21

Berger Paints Bangladesh posted an impressive 594 per cent increase in its first quarter (Q1) profit for April-June, 2021 compared to the same quarter of the last year thanks to higher revenue and red...

Stocks open higher as buoyant keep buying

Stocks open higher as buoyant keep buying

FE ONLINE REPORT 2021-08-10 10:50:42

Stocks opened higher on Tuesday as the buoyant investors continued their buying spree on major sector issues riding on high hopes. The premier bourse continued to break their previous records with...

South Bangla Bank makes debut Wednesday

South Bangla Bank makes debut Wednesday

FE ONLINE REPORT 2021-08-10 10:31:41

South Bangla Agriculture & Commerce Bank (SBAC) will make its shares trading debut on Dhaka Stock Exchange and Chittagong Stock Exchange tomorrow (Wednesday) under the settlement category “N...

Bangladesh Finance posts 218pc jump in net profit after tax

Bangladesh Finance posts 218pc jump in net profit after tax

FE REPORT 2021-08-10 10:14:43

In the first half (H1) of 2021, Bangladesh Finance's consolidated net profit after tax increased by 217.83 per cent year on year to Tk 235.4 million. The company's earnings per share also increased t...

Central bank restarts withdrawing excess money

Central bank restarts withdrawing excess money

SIDDIQUE ISLAM 2021-08-10 09:10:49

A splurge of money from stimulus packages and private-investment stalemate prompted the central bank to restart mopping up excess liquidity from the market, as a measure of taming inflation. As the m...