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The Financial Express

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Bourses keep gaining riding on regulatory moves

Bourses keep gaining riding on regulatory moves

FE ONLINE REPORT 2020-09-06 15:47:22

Stocks extended the gaining streak on Sunday as enthusiastic investors continued their buying binge on sector-wise issues riding on regulatory moves to restore discipline in the country’s capita...

Energypac Power’s share bidding to open Sept 21

Energypac Power’s share bidding to open Sept 21

FE Online Report 2020-09-06 15:40:47

The bidding for eligible investors (EIs) to discover the cut-off price of shares of Energypac Power Generation Ltd will commence from September 21 at 5:00pm. The power generation company’s shar...

Rupali Bank AGM approves ‘no’ divined

Rupali Bank AGM approves ‘no’ divined

FE ONLINE REPORT 2020-09-06 12:21:26

The shareholders of Rupali Bank Ltd approved ‘no’ dividend for the year ended on December 31, 2019 in its 34th annual general meeting (AGM) held on Thursday. The board of directors of the...

Janata Insurance declares 10pc cash dividend

Janata Insurance declares 10pc cash dividend

FE Online Report 2020-09-06 10:58:39

The board of directors of Janata Insurance Company Ltd has recommended a 10 per cent cash dividend for the year ended on December 31, 2019. The final approval of the dividend will come during the ann...

Walton Hi-Tech to hold IPO lottery draw today

Walton Hi-Tech to hold IPO lottery draw today

FE REPORT 2020-09-06 10:46:28

Walton Hi-Tech Industries is set to hold IPO (initial public offering) lottery draw today (Sunday), aiming to allocate 1.55 million IPO shares among the successful applicants. The lottery draw will b...

Mutual funds' values of assets mark rise

Mutual funds' values of assets mark rise

Mohammad Mufazzal 2020-09-06 10:44:05

Values of assets managed under the portfolios of listed mutual funds (MFs) rose moderately on the basis of market price in last three months following surge of the share prices of many companies. Net...

Budget implementation: Ministries asked to submit plans by Sept 07

Budget implementation: Ministries asked to submit plans by Sept 07

FE REPORT 2020-09-06 10:23:48

The government has asked its ministries/divisions to submit their budget implementation plans within September 07, 2020 with a view to reviewing the trends in revenue receipts and expenditures against...

Subscription of Associated Oxygen begins September 10

Subscription of Associated Oxygen begins September 10

FE REPORT 2020-09-05 10:38:14

The initial public offering (IPO) subscription of Associated Oxygen Ltd will begin on September 10, aiming to raise Tk 150 million from the capital market. The IPO subscription for shares of the co...

State banks cheer as SoEs'outstanding loans fall slightly

State banks cheer as SoEs'outstanding loans fall slightly

FE REPORT 2020-09-05 09:57:35

The outstanding and classified loans of state-owned enterprises (SoEs) to the public sector banks declined slightly in July compared to June, officials have said. At the end of July, the SoEs owed...

Modern slavery risks surge in Asia manufacturing hubs

Modern slavery risks surge in Asia manufacturing hubs

-- 2020-09-04 12:32:10

The risk of modern slavery in Asian manufacturing hubs has surged and is set to worsen with the economic impact of the new coronavirus, increased labour rights violations and poor law enforcement, a g...

BSEC fines three stockbrokers for violating rules

BSEC fines three stockbrokers for violating rules

FE REPORT 2020-09-04 10:03:55

The stock market regulator has fined three stockbrokers and the chairman and a director of Fareast Finance & Investment for breaching securities rules. The securities regulator has also banned RN...

Tax receipts from DSE jump 31pc in Aug

Tax receipts from DSE jump 31pc in Aug

Babul Barman 2020-09-04 10:00:26

The government's revenue earnings from the Dhaka Stock Exchange (DSE) surged 31 per cent month on month in August, with the trading volume on the premier bourse rising on the back of regulatory moves...

Experts push for attaching priority to 4IR in industrial policy

Experts push for attaching priority to 4IR in industrial policy

FE REPORT 2020-09-04 09:53:42

Speakers at a virtual discussion on Thursday suggested incorporating the perspectives of fourth industrial revolution (4IR) in the upcoming national industrial policy for the benefit of the country....

Exports turn the corner

Exports turn the corner

FE Report 2020-09-04 09:48:06

The country's merchandise shipments during the first two months of fiscal year 2020-21 grew by 2.17 per cent to US$6.87 billion over that of the same period last fiscal. The July-August earnings also...

Poor FDI frustrates Kamal

Poor FDI frustrates Kamal

FE REPORT 2020-09-04 09:30:44

Finance minister AHM Mustafa Kamal on Thursday voiced his frustration over poor foreign direct investments in the country, which he called "unfortunate." He said the total size of global gross domest...

Self-employed people worst victims of Covid pandemic

Self-employed people worst victims of Covid pandemic

DOULOT AKTER MALA 2020-09-04 09:26:20

The Covid-19 pandemic has led to switch of profession in a number of sectors, forcing the unemployed workforces to opt for alternative ways of earning their living. The self-employed people are the w...

Non-lifers' high commission: IDRA reforms inspection teams to launch drive

Non-lifers' high commission: IDRA reforms inspection teams to launch drive

JASIM UDDIN HAROON 2020-09-04 09:25:52

The insurance regulator has reshuffled its surveillance teams in order to launch a clampdown on giving high agent commission illegally by non-life insurers for procuring business. In July 2019, the I...

DSEX crosses 4,900-mark after 11-month

DSEX crosses 4,900-mark after 11-month

FE ONLINE REPORT 2020-09-03 15:42:23

Stocks kept the winning streak for second straight sessions on Thursday as investors continued their buying binge on large-cap issues riding on regulatory moves to restore discipline in the country&rs...

DSEX exceeds 4,900-mark in early trading

DSEX exceeds 4,900-mark in early trading

FE ONLINE REPORT 2020-09-03 11:00:44

Stocks witnessed marginal gain in early trading on Thursday, with the key index crossing the 4900-mark, as investors are active on sector-wise issues riding on regulatory steps to bring discipline in...

12 'Z' category cos upgraded

12 'Z' category cos upgraded

FE REPORT 2020-09-03 10:30:32

Twelve 'Z' category companies were upgraded from Wednesday after redefinition of 'Z' category stocks as the securities regulator took major steps to bring the underperforming companies back to the tra...

Sign Vienna Convention on int’l goods sale contracts

Sign Vienna Convention on int’l goods sale contracts

FE REPORT 2020-09-03 09:24:16

A study on Wednesday urged the government to sign and ratify the UN Vienna Convention on Contracts for International Sale of Goods (CISG ) to protect the country's exporters. The study on "Review of...

Refrain from spreading prediction, forecasting stock price on social media: SEC

Refrain from spreading prediction, forecasting stock price on social media: SEC

-- 2020-09-02 22:50:49

The Bangladesh Securities and Exchange Commission or SEC has ordered all directly or indirectly involved with the share market not to spread prediction, price forecasting or undisclosed information on...

Govt to purchase LNG from spot market for first time

Govt to purchase LNG from spot market for first time

-- 2020-09-02 21:04:26

The government has decided to purchase 3,490,200 Mmbtu liquefied natural gas (LNG) from the spot market for the first time in the country with a cost of around Tk 1.33 billion. The Cabinet Committee...

‘Remittance inflow witnesses 50pc growth in two months’

‘Remittance inflow witnesses 50pc growth in two months’

-- 2020-09-02 19:24:00

Mentioning that the inward remittance inflow witnessed a whopping 50 per cent growth during this July-August period, Finance Minister AHM Mustafa Kamal has said such uptrend of remittance inflow along...

Bangladesh receives $1.96b remittance in August

Bangladesh receives $1.96b remittance in August

-- 2020-09-02 17:27:57

Expatriate Bangladeshis remitted around $1.96 billion in the month of August in the fiscal 2020-21 which is the second highest in the country’s history, according to the latest data of Banglades...

DSE daily turnover scales Tk 12b-mark again

DSE daily turnover scales Tk 12b-mark again

FE ONLINE REPORT 2020-09-02 16:02:42

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 12 billion-mark Wednesday after two weeks as enthusiastic investors put fresh stakes on stocks. Turnover, a crucial indicator of the ma...

Padma Oil signs business deal with Energypac Power

Padma Oil signs business deal with Energypac Power

FE ONLINE REPORT 2020-09-02 12:18:50

The state-run Padma Oil Company has signed an agreement with Energypac Power Generation Limited for the expansion of business, said an official disclosure on Wednesday. Under the agreement, Energypac...

Bourses open higher amid regulatory moves

Bourses open higher amid regulatory moves

FE ONLINE REPORT 2020-09-02 11:15:09

Stocks witnessed an upward trend in the early hours of trading on Wednesday as optimistic investors were showing their appetite on sector-wise issues. Following the previous day’s modest correc...

Eastern Insurance approves 20pc cash dividend

Eastern Insurance approves 20pc cash dividend

FE DESK REPORT 2020-09-02 10:00:01

The 34th Annual General Meeting-2020 of Eastern Insurance Company Limited was held recently at the company's corporate head office virtually, says a statement. The Chairman of the Board Mujibur Rahma...

Genex Infosys to provide IPTV and online streaming platform

Genex Infosys to provide IPTV and online streaming platform

FE REPORT 2020-09-02 09:56:16

Genex Infosys Ltd, a listed company, has approved a strategic business agreement with RedDot Digital Ltd to launch a service called "Binge". The RedDot Digital is a subsidiary of Robi Axiata, country...