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The Financial Express

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DSE ends flat after volatile trading

DSE ends flat after volatile trading

FE Online Report 2019-09-12 15:31:22

Dhaka stocks ended flat on Thursday, after suffering a big jolt in the previous day, backed by institutional support. DSEX, the prime index of the Dhaka Stock Exchange (DSE), saw a fractional gain of...

DSE, CSE tumble at opening

DSE, CSE tumble at opening

FE Online Report 2019-09-12 12:16:29

Stocks witnessed downward trend in early hour of trading on Thursday as jittery investors continued their selling binge on sector-wise shares. Following the previous day’s free-fall, the Dhak...

Govt's bank borrowing soars as savings tools sales drop

Govt's bank borrowing soars as savings tools sales drop

-- 2019-09-12 11:43:17

A fall in sales of savings certificates along with slow revenue collection has forced the government into heavily taking loans from banks in order to pay expenses. The government’s borrowing ex...

Source-tax on bank deposits up 16.18pc in FY 2019

Source-tax on bank deposits up 16.18pc in FY 2019

Doulot Akter Mala 2019-09-12 09:45:25

The collection of tax at source from bank depositors posted a gain in fiscal year (FY) 2018-19, showing 16.18-per cent growth over that of the corresponding period in FY '18. This rise in the source-...

Infographic: Financial inclusion in Bangladesh

Infographic: Financial inclusion in Bangladesh

-- 2019-09-11 17:58:53

The following infograph considers salient data points to highlight the growth of financial inclusion in Bangladesh, through agent banking and mobile financial services, aided by favourable government...

DSEX hits 32-month low

DSEX hits 32-month low

FE Online Report 2019-09-11 15:50:54

The prime index of the major bourse slumped below the ‘psychological’ threshold of 5,000-mark once again Wednesday, hitting 32-month low, as investors continued to dump their holdings to e...

DSE extend trading suspension period of PLFSL

DSE extend trading suspension period of PLFSL

FE Online Report 2019-09-11 15:39:59

The management of the Dhaka bourse has extended the suspension period of trading of shares of People’s Leasing and Financial Services Limited (PLFSL) for further period of 15 days. The manageme...

DSEX dips below 5,000-mark in early trading

DSEX dips below 5,000-mark in early trading

FE Online Report 2019-09-11 11:50:33

Stocks witnessed downward trend in early hour of trading on Wednesday as risk-averse investors went on selling binge on sector-wise shares. Following the previous day’s downturn, the Dhaka Stoc...

Bangladeshi workers exploited, traded between firms in Malaysia

Bangladeshi workers exploited, traded between firms in Malaysia

-- 2019-09-10 12:49:27

KUALA LUMPUR, Sept 10:  Bangladeshi nationals were allegedly being worked and traded between firms in slave-like conditions that violated Malaysian labour laws, according to a news report today p...

National Tubes grabs top position for 2nd day

National Tubes grabs top position for 2nd day

FE Report 2019-09-10 10:30:56

Ten most-traded companies captured more than 35 per cent transactions on the prime bourse Monday. National Tubes topped the chart for the second straight session on the day. Market analysts said inv...

Stylecraft share jumps 86pc in seven weeks

Stylecraft share jumps 86pc in seven weeks

FE Report 2019-09-10 10:29:24

The share price of Stylecraft Ltd soared more than 86 per cent in seven weeks as its share surged further by 1.0 per cent on Monday without having any undisclosed price sensitive information (PSI). T...

Five large-cap issues trigger alarm on DSE

Five large-cap issues trigger alarm on DSE

FE Report 2019-09-10 10:27:12

Stocks slipped into the red on Monday, snapping a two-day gaining streak, as cautious investors went on selling binge on major sectors' shares. Meanwhile, trading and official activities on the bours...

Freelancers allowed to remit enhanced IT expenses

Freelancers allowed to remit enhanced IT expenses

FE Report 2019-09-10 10:06:36

The central bank has enhanced the ceiling for outward remittances in case of IT expenses through digital wallet to US$500 from the earlier $300 to support freelancers, officials said. "We've increase...

NBR set to zoom in on healthcare providers

NBR set to zoom in on healthcare providers

Doulot Akter Mala 2019-09-10 10:01:09

Healthcare service providers are set to come under the scanners of the tax authority for checking tax evasion through verification of their deposit of tax at source to the public exchequer. The Natio...

Transfer of funds to govt: Kamal takes a swipe at extravagant state entities

Transfer of funds to govt: Kamal takes a swipe at extravagant state entities

FE Report 2019-09-10 09:53:48

Finance Minister AHM Mustafa Kamal on Monday insisted the autonomous public agencies cannot utilise their funds according to their wish as they are not the government. "[But] they are utilising their...

Stocks slip into red as major shares slump

Stocks slip into red as major shares slump

FE Online Report 2019-09-09 16:53:24

Stocks slipped into the red on Monday, snapping a two-day gaining streak, as risk-averse investors went on selling binge on major sectors shares. DSEX, the prime index of the Dhaka Stock Exchange (DS...

India-funded projects progress at a snail's pace

India-funded projects progress at a snail's pace

bdnews24.com 2019-09-09 16:42:44

Projects worth more than $7.36 billion undertaken by Bangladesh under the credit agreements signed with India have been bogged down by lengthy land acquisition processes and design changes. The gover...

National Tubes generates highest turnover

National Tubes generates highest turnover

FE Report 2019-09-09 11:06:25

Ten most-traded companies accounted for more than 32 per cent transactions on the prime bourse Sunday with the National Tubes topped the chart after a long time. The state-run National Tubes was also...

KDS recommends 15pc dividend

KDS recommends 15pc dividend

FE Report 2019-09-09 11:04:33

The board of directors of KDS Accessories 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 of the dividend will come during...

Create economic corridor in northeast region: ADB study

Create economic corridor in northeast region: ADB study

FE Report 2019-09-09 10:22:10

The Manila-based Asian Development Bank (ADB) on Sunday suggested setting up of an economic corridor in the country's north-eastern region, comprising nine districts, to tap its potential. The Northe...

BRI can speed up BD attaining goals: Experts

BRI can speed up BD attaining goals: Experts

FE Report 2019-09-09 10:00:57

China's Belt and Road Initiative (BRI) could help Bangladesh achieve its long-term development goals in the current shift of global political economy, experts at an international conference said on Su...

Govt allocates Tk 4.65b for giving loan without interest to rural people

Govt allocates Tk 4.65b for giving loan without interest to rural people

-- 2019-09-08 20:34:03

The government has allocated around Taka 4.65 billion for giving loan without interest to the insolvent and disabled people in villages under the Rural Social Service (RSS) programme in the country....

Stocks open week marginally higher

Stocks open week marginally higher

FE Online Report 2019-09-08 17:02:46

Stocks ended marginally higher on Sunday as some investors continued to show their appetite on sector-wise shares amid dividend expectation. DSEX, the prime index of the Dhaka Stock Exchange (DSE), w...

KDS Accessories recommends 15pc dividend

KDS Accessories recommends 15pc dividend

FE Online Report 2019-09-08 11:27:40

The board of directors of KDS Accessories Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final ap...

Stock brokers refund substantial amount of fund to investors' accounts

Stock brokers refund substantial amount of fund to investors' accounts

FE Report 2019-09-08 10:58:39

The securities regulator has compelled many stock brokers to pay back a substantial amount of fund to the designated investors' accounts that they used defying the existing rules. In a year-long...

BD reaching danger level of income inequality: Economists

BD reaching danger level of income inequality: Economists

FE Report 2019-09-08 10:33:33

Economists made on Saturday an urgent call for measuring growth with equity as Bangladesh is reaching the danger level of income inequality. Alongside a uniform and quality education system at all le...

Fourth South Asia Economic Network Conference kicks off

Fourth South Asia Economic Network Conference kicks off

FE Online Report 2019-09-07 19:57:43

The Fourth South Asia Economic Network Conference started at BRAC Centre Inn in the capital on Saturday. South Asian Network for Economic Modelling (SANEM), South Asia Economic Policy Network and The...

CPD confce on BRI Sunday

CPD confce on BRI Sunday

FE Online Desk 2019-09-07 12:40:10

The Centre for Policy Dialogue (CPD) will hold an international conference on 'Belt and Road Initiative : Positioning Bangladesh within comparative perspective' on Sunday. Nurul Majid Mahmud Humayun,...

Panic sell-offs drag index lower

Panic sell-offs drag index lower

Babul Barman 2019-09-07 10:30:36

With a series of negative factors at play, worried investors continued to dump shares to ward off further losses, pushing the benchmark equities index lower for the second consecutive week that en...

MF-CIB to check micro loan applications, charge fees

MF-CIB to check micro loan applications, charge fees

Ismail Hossain 2019-09-07 10:14:00

From now on, loan applications of the country's micro borrowers will be examined by the Microfinance Credit Information Bureau (MF-CIB), according to the entity's draft guideline. The MF-CIB may...