Search results for: ban

BB drafts law to check counterfeit currency

Doulot Akter Mala 2019-09-22 10:35:09

The central bank has prepared the draft of a first-ever law designed to prevent production, supply and use of counterfeit currency. The draft proposes the maximum life-time imprisonment for the offen...

Weekly analysis: Stocks continued to plummet

Babul Barman 2019-09-21 10:37:21

Stocks continued to plummet in the outgoing week, extending the losing streak for the fourth consecutive week, as investor sentiment remained grim despite the government's move to prop up the market....

Three more cos declare dividend

FE Report 2019-09-21 10:33:23

Three more listed companies -- Apex Footwear Limited, The IBN Sina Pharmaceuticals Ltd. and Eastern Housing Ltd. -- have declared dividend for the year ended on June 30, 2019. Apex Footwear: The Boar...

The IBN Sina Pharmaceuticals recommends 30pc cash dividend

FE Online Report 2019-09-20 19:41:06

The board of directors of The IBN Sina Pharmaceuticals Industry Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019. The AGM will be held on November 14. The record date...

Eastern Housing recommends 20pc cash dividend

FE Online Report 2019-09-20 19:35:19

The board of directors of Eastern Housing Ltd has recommended 20 per cent cash dividend for the year ended on June 30, 2019, officials said. The AGM will be held on November 14. The record date is on...

Apex Footwear recommends 55pc cash dividend

FE Online Report 2019-09-20 19:31:29

The board of directors of Apex Footwear Limited has recommended 55 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure. The final approval of the dividend will com...

Ten cos account for 29pc transactions

FE Report 2019-09-20 11:44:18

Ten most traded companies accounted for 29 per cent of transactions on the prime bourse on Thursday, with the National Tubes making it to the top of the turnover chart for the third straight session...

Kamal to transfer his shares in Asia Pacific Ins Co to his daughter

FE Report 2019-09-20 11:42:42

Finance Minister AHM Mustafa Kamal will transfer his entire holding of shares in Asia Pacific General Insurance Company (APGIC) to his daughter Nafisa Kamal. Mr Kamal, one of the sponsors of the comp...

Supply chain finance: Call to craft policy guidelines

FE Report 2019-09-20 10:58:34

Bankers and experts on Thursday called for framing a comprehensive policy guideline for supply chain financing, saying it could help develop smaller firms. They said Bangladesh Bank (BB) should form...

IMF’s panacea to retain trust in banking system

Siddique Islam 2019-09-20 10:07:36

The International Monetary Fund (IMF) has suggested the regulatory authorities adopt a comprehensive timely action plan to help maintain confidence in the banking system. It has recommended that the...

Outbound travel rises but tax receipts drop

Doulot Akter Mala 2019-09-20 10:06:38

Travel tax collection slipped by almost 8.0 per cent during the last fiscal year, despite a surge in the number of outbound passengers from the country. The National Board of Revenue (NBR) collected...

Stocks keep losing despite GP surge

FE Online Report 2019-09-19 15:48:44

Stocks witnessed yet another bearish session Thursday, with key index of the Dhaka bourse hitting fresh 33-month low, as jittery investors continued to dump their holdings to prevent further loss. DS...

Argon Denims recommends 15pc dividend

FE Online Report 2019-09-19 12:29:56

The board of directors of Argon Denims Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come during th...

Evince Textiles recommends 12pc div

FE Online Report 2019-09-19 11:44:05

The board of directors of Evince Textiles Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come du...

Stocks open higher riding on GP

FE Online Report 2019-09-19 11:41:24

Stocks witnessed upward trend in early hour of trading on Thursday riding on Grameenphone shares. The government and top mobile phone operators have reached a consensus over settling the long dispute...

DSE asked to submit report on two cos

FE Report 2019-09-19 11:02:24

The securities regulator has asked the country's premier bourse to submit a report on alleged manipulation of the share prices of two companies to the commission. The decision was taken on Wednesday...

Low-cap cos dominate turnover chart

FE Report 2019-09-19 11:00:29

Low-cap companies continued to dominate the Dhaka bourse's turnover chart while ten most-traded companies captured 30 per cent transactions on Wednesday. National Tubes continued to top the turnover...

Find funds from other sources for power dev work: Nasrul

FE Report 2019-09-19 10:43:28

State minister for power, energy and mineral resources Nasrul Hamid has asked state-run power entities to find alternative finances instead of government funds to accomplish development work. They sh...

IMF projects GDP growth rate at 7.6pc

FE Report 2019-09-19 10:13:53

The International Monetary Fund (IMF) projected that the economy of Bangladesh would grow 7.6 per cent in fiscal year (FY) 2019-20. The IMF projected the GDP growth rate at 8.0 per cent for FY 2018-1...

Stocks fall; DSEX hits 33 months low

FE Online Report 2019-09-18 15:47:07

The prime index of the Dhaka Stock Exchange slumped below 4,900-mark after more than 33 months, as jittery investors continued to dump their holdings to prevent further loss. DSEX, the prime index...

Mercantile Bank to set up Islamic Banking Window

FE Online Report 2019-09-18 11:45:34

The board of directors of Mercantile Bank Ltd has approved a proposal to establish an Islamic Banking Window. The decision was taken at a meeting of board of directors of the Bank held on Tuesday,...

Stocks witness positive note in early trading

FE Online Report 2019-09-18 11:39:00

Stocks witnessed positive trend in early hour of trading on Wednesday as some investors showed their appetite on sector-wise shares. Following the previous day’s correction, the Dhaka Stock Exc...

Merger between BSRML and BSRM Steel Mills in the offing

FE Report 2019-09-18 10:47:57

Bangladesh Steel Re-Rolling Mills Ltd (BSRML) is set to merge with BSRM Steel Mills Ltd under the provision of section 228 and 229 of the Companies Act 1994. The merger and acquisition is subject to...

Ten cos snare 32pc turnover of DSE

FE Report 2019-09-18 10:40:50

Ten most-traded companies captured more than 32 per cent transactions on the prime bourse on Tuesday, with the National Tubes generating the highest turnover. National Tubes also dominated the day's...

Changes in laws to put lid on SoCBs’ NPL buildup

FE Report 2019-09-18 10:33:43

Finance Minister AHM Mustafa Kamal said on Tuesday they would bring necessary changes in the existing laws to prevent possible buildup of bad loans in the state-owned commercial banks (SoCBs). He sai...

Stocks end lower amid low confidence

FE Online Report 2019-09-17 15:42:21

Stocks ended lower on Tuesday, a day after the finance minister holding a marathon meeting with the capital market stakeholders to revive the investors’ confidence. Finance Minister AHM Mustafa...

Ecnec approves eight projects involving Tk 89.68b

-- 2019-09-17 14:04:45

The Executive Committee of the National Economic Council (Ecnec) has approved eight projects involving Tk 89.68 billion. The approval came from the Ecnec meeting held at the NEC conference room with...

Runner Automobiles recommends 15pc dividend

FE Online Report 2019-09-17 12:40:39

The board of directors of Runner Automobiles Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come dur...

BSRM Steels recommends 25pc cash dividend

FE Online Report 2019-09-17 12:31:51

The board of directors of BSRM Steels Ltd has recommended 25 per cent cash dividend for the year ended on June 30, 2019. The final approval the of dividend will come during the annual general meeting...

BSRML recommends 25pc div

FE Online Report 2019-09-17 12:23:13

The board of directors of Bangladesh Steel Re-rolling Mills Ltd (BSRML) has recommended 25 per cent cash dividend for the year ended on June 30, 2019. The final approval the of dividend will come dur...