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The Financial Express

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Salvaging stock market: Brokers seek Tk 100b govt funds

Salvaging stock market: Brokers seek Tk 100b govt funds

MOHAMMAD MUFAZZAL 2019-12-05 09:46:27

Stock brokers have submitted a work-plan for investment of Tk 100 billion funds, sought earlier from the government, to support the country's ailing capital market. They submitted the work-plan to th...

Kamal for sector-wise, demand-based financing

Kamal for sector-wise, demand-based financing

BSS 2019-12-04 17:45:23

Finance Minister AHM Mustafa Kamal on Wednesday underscored the need for ensuring sector-wise and demand-based financing for those countries which are lagging behind in the economic and social sectors...

Stocks post modest gain after two-day slump

Stocks post modest gain after two-day slump

FE Online Report 2019-12-04 15:41:59

Stocks posted a marginal gain on Wednesday after volatile trading as late hours selling spree wiped out most of the early gains. The market opened on upward note and the key index of the prime bourse...

Stocks witness upturn amid low trading

Stocks witness upturn amid low trading

FE Online Report 2019-12-04 11:52:06

Stocks witnessed upward trend in early hour trading on Wednesday as investors are showing their appetite on sector-wise large-cap issues. Following the previous two days’ downturn, the Dhaka...

BSEC okays alternative trading board rules

BSEC okays alternative trading board rules

FE Report 2019-12-04 10:58:39

The securities regulator has approved the rules for alternative trading board keeping the scope of transaction of all type of non-listed securities. The Bangladesh Securities and Exchange Commissio...

LafargeHolcim generates highest turnover

LafargeHolcim generates highest turnover

FE Report 2019-12-04 10:57:16

Ten most traded companies accounted for more than 27 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday. LafargeHolcim Bangladesh topped the list. Market analysts said investors con...

Manila rejects BD's claim for RCBC fine money

Manila rejects BD's claim for RCBC fine money

FE Report 2019-12-04 10:12:30

The Philippines has declined Bangladesh's claim for the 20 million US dollars the Rizal Commercial Banking Corp (RCBC) was fined for its negligence in the $81 million Bangladesh Bank heist. "As it wi...

Industrial lending rate cut: BB gets down to work

Industrial lending rate cut: BB gets down to work

SIDDIQUE ISLAM 2019-12-04 09:58:30

The central bank has started working on bringing down the industrial lending rate to a single-digit aiming to spur the country's overall economic growth through job creation and increased investment....

ACC arrests two former Biman officials

ACC arrests two former Biman officials

FE Online Report 2019-12-03 15:25:16

Anti Corruption Commission (ACC) on Tuesday arrested two former officials of Biman Bangladesh Airlines from Segunbagicha area in the capital on charges of embezzlement of Tk 1.18 billion as cargo hand...

DSEX dips below 4,700-mark again

DSEX dips below 4,700-mark again

-- 2019-12-03 15:20:39

Stocks extended the losing streak on Tuesday with core index of the major bourse falling below 4,700-mark again, as the investors continued their selling binge. DSEX, the prime index of the Dhaka Sto...

Bourses see mixed trend in early trading

Bourses see mixed trend in early trading

FE Online Report 2019-12-03 11:24:02

Stocks witnessed mixed trend in early hour trading on Tuesday as investors mostly followed cautious stance. Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) saw negative...

DSE recommends 5.0pc cash div

DSE recommends 5.0pc cash div

FE Report 2019-12-03 10:25:47

The Dhaka Stock Exchange (DSE) has recommended 5.0 per cent cash dividend for its shareholders for the year ended on June 30, 2019. The board of directors of the premier bourse recommended the divi...

Number of tax returns from new taxpayers poor this year

Number of tax returns from new taxpayers poor this year

DOULOT AKTER MALA 2019-12-03 10:01:48

The number of income tax returns, submitted by individual taxpayers until the deadline (December 01), remained far below taxmen's expectations. The number increased by only 0.1 million this year desp...

Govt almost exhausts bank borrowing target in five months

Govt almost exhausts bank borrowing target in five months

SIDDIQUE ISLAM 2019-12-03 09:50:31

The government is set to make a net borrowing of more than Tk 45 billion from the country's banking system in December to partly meet its budget deficit, officials said. The government's gross borrow...

Remittance inflow increases by 31.75pc in November

Remittance inflow increases by 31.75pc in November

-- 2019-12-02 19:12:18

Bangladesh received $1,555.22 million in remittance in November of the current fiscal, which is apparently 31.75 per cent higher than that of same month of previous year, according to Bangladesh Bank...

Stocks snap five-day winning streak

Stocks snap five-day winning streak

FE Online Report 2019-12-02 15:35:59

Stocks slipped into the red on Monday, snapping a five-day winning streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

NCC Bank to issue Tk 5.0b perpetual bond

NCC Bank to issue Tk 5.0b perpetual bond

FE Online Report 2019-12-02 15:23:55

The board of directors of National Credit and Commerce Bank Ltd (NCCBL) has, in principle, decided to issue ‘NCC BANK Perpetual Bond’ for Tk 5.0 billion, said an official disclosure on Mon...

Stocks mixed after five days of gains

Stocks mixed after five days of gains

FE Online Report 2019-12-02 11:22:32

Stocks witnessed mixed trend in early hour trading on Monday as investors are active both sides trading fence. Following the previous five days’ gaining streak, the Dhaka Stock Exchange (DSE) o...

Sluggish turnover hits DSE earning

Sluggish turnover hits DSE earning

FE Report 2019-12-02 11:07:30

The government's revenue earnings from the Dhaka Stock Exchange slumped 21 per cent month-on-month in November this year as trading volume was on the decline. Market analysts said sluggish trading ac...

Economic slowdown in India to impact BD, fears Muhith

Economic slowdown in India to impact BD, fears Muhith

FE REPORT 2019-12-02 10:00:08

Former finance minister A M A Muhith has said Bangladesh's economic growth might be impacted by the slowing down of neighbouring India's economy. "To my mind, the ongoing sluggish trend of Indian eco...

Tax receipts from DSE dip 21pc in November

Tax receipts from DSE dip 21pc in November

FE Online Report 2019-12-01 18:21:54

The government’s revenue earnings from the Dhaka Stock Exchange fell 21 per cent month-on-month in November this year as trading volume was on the decline. Market analysts said sluggish trading...

Stocks extend winning streak for five straight sessions on Sunday

Stocks extend winning streak for five straight sessions on Sunday

FE Online Report 2019-12-01 18:19:38

Stocks extended the gaining streak for five straight sessions on Sunday as investors continued their appetite on selective large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), s...

Govt to form panel to ensure single digit interest rate

Govt to form panel to ensure single digit interest rate

-- 2019-12-01 17:22:25

The government is set to form a panel with the task of bringing interest rates down to a single digit. Finance Minister AHM Mustafa Kamal gave the information after a meeting with leaders of the bank...

Bourses open higher on investors' buying appetite

Bourses open higher on investors' buying appetite

FE Online Report 2019-12-01 11:44:20

Stocks witnessed an upward trend in the early hour of trading on Sunday as some investors continued their buying appetite on sector-wise issues. Following the previous week’s positive streak, t...

GBB Power to invest in GBB Tea Estate

GBB Power to invest in GBB Tea Estate

FE Online Report 2019-12-01 11:08:57

The board of directors of GBB Power Ltd has decided to invest in 49 per cent equity shares in “GBB Tea Estate Ltd”, a newly formed company. GBB Tea Estate initially plans to purchase 150...

50,000 workers may return home under Malaysia's B4G scheme

50,000 workers may return home under Malaysia's B4G scheme

ARAFAT ARA 2019-12-01 10:20:25

About 50,000 Bangladeshi workers would have to return home from Malaysia by this month under 'Back 4 Good (B4G) scheme announced by Kula Lumpur, according to Bangladesh High Commission there. The Mal...

FinMin’s parley with banking bosses: Troubled loans to top agenda

FinMin’s parley with banking bosses: Troubled loans to top agenda

REZAUL KARIM AND FHM HUMAYAN KABIR 2019-12-01 10:01:09

Finance minister will sit with chiefs of private and public sector banks to discuss the issues of non-performing loans and banking sector volatility, officials said. Officials said finance minister A...

Weekly review: DSE average turnover climbs 20pc

Weekly review: DSE average turnover climbs 20pc

Babul Barman 2019-11-30 10:30:24

Stocks posted a modest gain in the outgoing week that ended Thursday, snapping a two-week losing streak, as opportunist investors showed their appetite on financial issues. Week-on-week, DSEX, the...

LafargeHolcim generates highest weekly turnover

LafargeHolcim generates highest weekly turnover

FE Report 2019-11-30 10:27:20

Ten most traded companies accounted for one-fifth transactions to the Dhaka Stock Exchange (DSE) in the outgoing week that ended on Thursday. LafargeHolcim Bangladesh dominated the weekly turnover ch...

Taka losing value vs dollar

Taka losing value vs dollar

SIDDIQUE ISLAM 2019-11-30 10:10:24

The local currency has depreciated by Tk 1.0 against the US dollar so far this year in the inter-bank foreign exchange market as demand for the greenback grew. The dollar was quoted at Tk 84.90 eac...