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The Financial Express

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Stocks extend gaining streak for third day

Stocks extend gaining streak for third day

FE Online Report 2020-11-26 16:04:08

Stocks posted a marginal gain on Thursday, extending the winning streak for third straight sessions, as bargain hunters continued their buying binge on sector-specific stocks. DSEX, the core index of...

Dhaka weighs possibility of joining RCEP, but chance little

Dhaka weighs possibility of joining RCEP, but chance little

SYFUL ISLAM 2020-11-26 12:35:51

Bangladesh's inclusion in the Regional Comprehensive Economic Partnership (RCEP) and the Association of Southeast Asian Nations (ASEAN) would be an uphill task, given the high tariff gap between Dhaka...

GQ Ball Pen declares 5.0pc cash dividend only for general investors

GQ Ball Pen declares 5.0pc cash dividend only for general investors

FE ONLINE REPORT 2020-11-26 11:49:36

The board of directors of GQ Ball Pen Industries has recommended 5.0 per cent cash dividend for the general shareholders excluding sponsors/directors for the year ended on June 30, 2020. The sponsors...

Private port to handle bulk cargoes to facilitate trade with India

Private port to handle bulk cargoes to facilitate trade with India

Doulot Akter Mala 2020-11-26 10:36:35

The National Board of Revenue (NBR) has allowed Summit Alliance Port Limited (SAPL) to handle exports and imports of bulk and non-containerised cargoes to facilitate bilateral trade with India. Fro...

Dictated credit, lack of bad borrowers' data blamed for swelling NPL

Dictated credit, lack of bad borrowers' data blamed for swelling NPL

FE REPORT 2020-11-26 10:27:14

Bankers and academicians have cited overfinancing, dictated credit, lack of sufficient information and database of bad borrowers as key reasons for rising non-performing loan (NPL) in Bangladesh. B...

Regulator threatens listed companies to recast boards

Regulator threatens listed companies to recast boards

FE REPORT 2020-11-26 09:59:18

The securities regulator will restructure the boards of the listed companies if the sponsor-directors fail to hold minimum 30 per cent shares jointly by November 30, 2020. The Bangladesh Securities a...

New alliance launched to help Bangladeshi farmers thrive

New alliance launched to help Bangladeshi farmers thrive

FE Online Report 2020-11-25 17:11:08

Farm entrepreneurswill be able operate through ‘Better Life Farming’ centres, which will provide agri-inputs, crop advisory and market linkages under one roof to smallholder farmers. Laun...

Stocks extend winning streak for second straight sessions

Stocks extend winning streak for second straight sessions

FE ONLINE REPORT 2020-11-25 16:41:10

Stocks extended the winning streak for the second straight sessions on Wednesday as bargain hunters continued their buying binge on insurance sector issues. DSEX, the benchmark index of the Dhaka Sto...

Bangladesh’s forex reserves cross $41b again

Bangladesh’s forex reserves cross $41b again

FE Online Report 2020-11-25 12:55:56

Bangladesh’s foreign exchange (forex) reserves crossed the US$41 billion-mark again on Wednesday following lower import payment obligations and higher growth of inward remittance. The forex res...

Golden Son declares dividend after three years

Golden Son declares dividend after three years

FE ONLINE REPORT 2020-11-25 12:26:43

The board of directors of Golden Son Ltd has recommended a 2.5 per cent cash dividend for general shareholders, excluding sponsors/directors for the year ended on June 30, 2020. The last time Golden...

Non-tariff barriers may be discussed at Indo-Bangladesh talks

Non-tariff barriers may be discussed at Indo-Bangladesh talks

MIR MOSTAFIZUR RAHAMAN 2020-11-25 10:02:11

Foreign Secretary (FS) Masud Bin Momen is scheduled to visit Delhi on December 9 to join Bangladesh-India FS-level talks, which will mainly focus on the upcoming meeting between the prime ministers of...

US ambassador to Bangladesh meets CEO of PPP Authority

US ambassador to Bangladesh meets CEO of PPP Authority

FE Online Report 2020-11-24 17:05:16

Earl R Millar, ambassador of the United States to Bangladesh paid a courtesy call to  Sultana Afroz, secretary to the Bangladesh government and CEO of the Public-Private Partnership Authority (PP...

Stocks manage some gains after four-day slump

Stocks manage some gains after four-day slump

FE ONLINE REPORT 2020-11-24 16:20:19

Stocks posted a marginal gain on Tuesday, snapping a four-day losing streak, as bargain hunters showed their buying binge on sector-specific issues. DSEX, the benchmark index of the Dhaka Stock Excha...

Covid causes nearly 40pc decline in FDI inflow into Bangladesh

Covid causes nearly 40pc decline in FDI inflow into Bangladesh

FE Online Report 2020-11-24 15:21:03

The net inflow of foreign direct investment (FDI) in Bangladesh declined by 39 per cent in the past fiscal year (FY20) over the previous one (FY19), according to the latest statistics released by the...

Mir Akhter’s IPO subscription to begin Dec 24

Mir Akhter’s IPO subscription to begin Dec 24

FE ONLINE REPORT 2020-11-24 11:28:49

The IPO subscription of Mir Akhter Hossain Ltd will commence on December 24, aiming to raise Tk 1.25 billion under the book-building method. The IPO subscription of the construction and engineering c...

Stocks witness uptrend at opening

Stocks witness uptrend at opening

FE ONLINE REPORT 2020-11-24 11:08:15

Stocks on both the bourses witnessed an upward trend in the early trading on Tuesday as bargain hunters were active on the sector-wise issues after the end of country's biggest IPO subscription - Robi...

Robi's IPO subscription ends with high enthusiasm

Robi's IPO subscription ends with high enthusiasm

FE REPORT 2020-11-24 10:16:37

The subscription of Robi Axiata, the biggest IPO in the history of Bangladesh ended on Monday which eased some selling pressure in the market in the later part of the session, said a merchant banker...

Investors can take margin loan against mutual fund: BSEC

Investors can take margin loan against mutual fund: BSEC

FE REPORT 2020-11-24 10:11:24

The investors can avail the margin loan facility against the listed mutual funds (MFs) as the securities regulator's latest directive in this regard remains effective. The Bangladesh Securities and...

Bangladesh may get $500m more WB fund for vaccine procurement

Bangladesh may get $500m more WB fund for vaccine procurement

FHM HUMAYAN KABIR 2020-11-24 09:59:31

The World Bank (WB) has assured Bangladesh of providing US$500 million worth of funds for procuring coronavirus vaccine to be to inoculated all citizens gradually, officials said on Monday. "The WB...

Stocks keep losing for fourth straight session

Stocks keep losing for fourth straight session

-- 2020-11-23 17:20:10

Stocks extended the losing streak for the fourth straight session on Monday as cautious investors continued their sell-offs on sector-wise issues amid growing tension over the second wave of coronavir...

Recovery slower in the informal economy

Recovery slower in the informal economy

Narayan Das and Asma Tabassum 2020-11-23 16:13:50

In South Asia, three-quarters of workers depend on informal employment. The informal economy of Bangladesh constitutes of 86.2 per cent of the total employed population (aged 15 years or older) (Labou...

Aman Feed declares 12.5pc dividend

Aman Feed declares 12.5pc dividend

FE ONLINE REPORT 2020-11-23 11:11:26

The board of directors of Aman Feed Limited has recommended 10 per cent cash and 2.5 per cent stock dividend for the year ended on June 30, 2020. The final approval will come during the annual gene...

Stocks nosedive in early trading

Stocks nosedive in early trading

FE ONLINE REPORT 2020-11-23 11:06:23

Stocks tumbled in the early trading on Monday as investors went on heavy sell-offs amid growing tension over the second wave of coronavirus pandemic while some focused on the primary market. Fol...

BD Finance to issue 1st Zero Coupon Bond

BD Finance to issue 1st Zero Coupon Bond

FE ONLINE REPORT 2020-11-23 10:55:51

The board of directors of Bangladesh Finance and Investment Company has decided to issue ‘BD Finance 1st Zero Coupon Bond’ worth Tk 2.0 billion for expansion of business and diversificatio...

EPB lowers service charge on exports to EU

EPB lowers service charge on exports to EU

MONIRA MUNNI 2020-11-23 10:36:41

The state-owned Export Promotion Bureau (EPB) has reduced the service charges under the registered exporter system of the European Union following the demand from apparel makers, officials say. The E...

Dhaka urges Delhi not to impose fresh NTBs, and widen trade gap

Dhaka urges Delhi not to impose fresh NTBs, and widen trade gap

SYFUL ISLAM 2020-11-23 10:04:08

Bangladesh has requested India to withdraw its new customs rules which, officials fear, may make it difficult for the former to get tariff preferences. Dhaka made the request to New Delhi after a tho...

Stocks see fall as major sectors plunge

Stocks see fall as major sectors plunge

FE Online Report 2020-11-22 16:40:35

Stocks tumbled on Sunday, extending the losing streak for the third straight sessions, amid growing tension over the second wave of coronavirus pandemic while some focused on the primary market. DSEX...

Stocks open week on negative note

Stocks open week on negative note

FE ONLINE REPORT 2020-11-22 11:25:28

Stocks witnessed downward trend in early trading on Sunday amid thin participation of investors as they are gearing up for Robi’s initial public offering. The subscription of the biggest IPO in...

Extravagance with public money!

Extravagance with public money!

FHM HUMAYAN KABIR 2020-11-22 10:06:32

The Bangladesh Power Development Board (BPDB) has proposed a staggering Tk 228.52 million for some non-essentials as part of its power supply to Hatiya and three other southern islands. Under the pre...

35 companies excluded from large taxpayers' unit

35 companies excluded from large taxpayers' unit

DOULOT AKTER MALA 2020-11-22 10:00:11

The average annual VAT payment by 35 large taxpayers has remained below Tk 100 million during the last three years in a sign their financial health has deteriorated, officials said. The large taxpaye...