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The Financial Express

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Eastland Insurance recommends 12pc dividend

Eastland Insurance recommends 12pc dividend

FE Online Report 2019-04-24 11:20:56

The board of directors of Eastland Insurance Company Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The final approval of the divid...

Markets down in early trading

Markets down in early trading

FE Online Report 2019-04-24 11:20:12

The prices of most of the shares on both bourses witnessed a downward trend in early trading on Wednesday as worried investors continued their selling binge. Following the previous day’s sharp...

ICB seeks Tk 9.0b under refinancing scheme

ICB seeks Tk 9.0b under refinancing scheme

Mohammad Mufazzal 2019-04-24 10:40:07

The state-run Investment Corporation of Bangladesh (ICB) has sought the fund of Tk 9.0 billion which was earlier disbursed under the refinancing scheme of the capital market. The corporation has soug...

High-profile confce on structured capital market Apr 28

High-profile confce on structured capital market Apr 28

FE Report 2019-04-24 10:22:33

A high-profile conference titled 'local capital market infrastructure financing conference' will be held in the city on April 28. Arranged by Dhaka Chamber of Commerce & Industry (DCCI), the conf...

2018 net FDI inflow at $3.61b

2018 net FDI inflow at $3.61b

FE Report 2019-04-24 09:38:28

The net inflow of foreign direct investment (FDI) in Bangladesh stood at $3.61 billion on a final count, according to the latest statistics of the central bank. Annual net FDI inflow jumped by 67 per...

Lending loans to single borrower by multiple banks rising

Lending loans to single borrower by multiple banks rising

FE Online Report 2019-04-23 21:53:30

The tendency of lending loans to a single borrower by multiple banks has marked a rise which is a negative indicator for the banking sector, according to a study. The Bangladesh Institute of Bank Man...

DSEX dips below 5,300-mark on panic sale

DSEX dips below 5,300-mark on panic sale

FE Online Report 2019-04-23 16:40:37

Stocks witnessed sharp fall on Tuesday with falling turnover as worried investors sold shares, fearing further fall. Market analysts said the finance minister’s latest remarks on capital market...

CPD questions data used in high growth estimate

CPD questions data used in high growth estimate

FE Online Report 2019-04-23 15:16:41

The Centre for Policy Dialogue (CPD) on Tuesday has questioned the authenticity of the data used in calculating a high growth estimate as it does not match with the growth of key macroeconomic indicat...

Stocks fall in early trading on selling binge

Stocks fall in early trading on selling binge

FE Online Report 2019-04-23 11:33:22

The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Tuesday as cautious investors were seen on selling binge. Following the previous day’s margin...

Capital market on right track: Finance minister

Capital market on right track: Finance minister

FE Report 2019-04-23 09:39:04

Finance minister, AHM Mustafa Kamal, said he does not see any major problem in the prevailing trend in the capital market. "I think the (capital) market is on a right track. Ups and downs in the mark...

BD economy moving on solid macro-economic stability: PM

BD economy moving on solid macro-economic stability: PM

-- 2019-04-22 21:47:01

Prime Minister Sheikh Hasina has said the economy of Bangladesh is moving on a solid macro-economic stability, vibrant private sector, and increasing trends in trade and investments. She urged the bu...

Jamuna Bank recommends 20pc cash dividend

Jamuna Bank recommends 20pc cash dividend

FE Online Report 2019-04-22 13:08:28

The board of directors of Jamuna Bank Ltd has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the annual general meeting...

Sea Pearl Beach’s public subscription opens Tuesday

Sea Pearl Beach’s public subscription opens Tuesday

FE Online Report 2019-04-22 11:57:37

The public subscription of Sea Pearl Beach Resort & Spa Limited is set to open on Tuesday (April 23), as the company aims to raise a fund worth Tk 150 million from the capital market. The subscri...

Joy urges young ICT entrepreneurs to be innovative

Joy urges young ICT entrepreneurs to be innovative

-- 2019-04-21 17:44:22

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy Sunday called upon the young information and communication technology entrepreneurs to generate their own innovative ideas to take the lead...

Stocks end almost flat after sharp rise in previous session

Stocks end almost flat after sharp rise in previous session

FE Online Report 2019-04-21 16:42:57

Stocks ended almost flat on Sunday, after a sharp rise in the previous session, as late hours selling spree wiped out early gains. Market analysts said the institutional investors followed cautious s...

BNIC recommends 12pc cash dividend

BNIC recommends 12pc cash dividend

FE Online Report 2019-04-21 16:10:18

The board of directors of Bangladesh National Insurance Company (BNIC) has recommended 12 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come duri...

Magazine highlighting BRI launched in Bangladesh

Magazine highlighting BRI launched in Bangladesh

-- 2019-04-21 15:52:28

Centre for East Asia Foundation (CEAF), a non-profit and non-political independent study circle, launched a magazine "The Belt and Road" on Saturday in Bangladesh, highlighting the great vision of The...

StanChart to help improve clients’ operating efficiency

StanChart to help improve clients’ operating efficiency

FE Report 2019-04-21 10:35:43

Lisa Robins is Global Head of Transaction Banking at Standard Chartered and a member of Corporate and Institutional Banking Management Team. Based in Singapore, she is responsible for the bank's trans...

FRC finds anomalies in companies’ financials

FRC finds anomalies in companies’ financials

Mohammad Mufazzal 2019-04-21 09:45:40

The Financial Reporting Council (FRC) has asked all listed companies and respective auditors to prepare 'accurate' and 'truthful' financial statements. The instruction followed some inconsistencies d...

BRAC Bank, Constellation AMC sign deal

BRAC Bank, Constellation AMC sign deal

FE Online Desk 2019-04-20 13:49:13

  BRAC Bank Limited and Constellation Asset Management Company Limited have signed a Custodial Service Agreement to manage the mutual fund titled “Constellation Unit Fund”.  ...

Weekly analysis: Stocks keep losing for 12 straight weeks

Weekly analysis: Stocks keep losing for 12 straight weeks

Babul Barman 2019-04-20 11:14:32

Stocks extended their losing streak for the 12 straight weeks that ended on Thursday as investors continued their selling binge to avoid further loss amid ongoing gloomy market. Market analysts cited...

Six cos recommend dividend last week

Six cos recommend dividend last week

-- 2019-04-20 11:09:57

The board of directors of six more companies have recommended dividend up to 700 per cent for the year ended on December 31, 2018, last week. Reckitt Benckiser: The board of directors of Reckitt Benc...

Current account deficit could snowball into financial sector

Current account deficit could snowball into financial sector

Jasim Uddin Haroon 2019-04-20 09:18:42

The persistent current account deficit may now put strain on key macroeconomic indicators and experts say it could snowball into the financial arena. The current account deficit soared to US$1.7 bill...

DSE proposes ceiling on pre-IPO placement shares

DSE proposes ceiling on pre-IPO placement shares

Mohammad Mufazzal 2019-04-19 10:39:20

The country's premier bourse has made a set of proposals including a provision for putting a cap on issuing pre-IPO (initial public offering) placement shares to ensure discipline in the capital marke...

City Bank declares 11pc dividend

City Bank declares 11pc dividend

FE Report 2019-04-19 10:30:07

The board of directors of the City Bank has recommended 6.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2018. The bank will hold its annual general meeting (AGM)...

'Poverty, limited rural jobs crimp SDG attainment'

'Poverty, limited rural jobs crimp SDG attainment'

FE Report 2019-04-19 10:25:11

A deepening cycle of hunger and malnutrition, persistent poverty, limited economic opportunities and environmental degradation in rural areas are retarding progress in sustainable development goals (S...

Esquire price continues to decline

Esquire price continues to decline

FE Report 2019-04-18 10:46:33

The share price of Esquire Knit Composite, which went public with premium, continues to decline and hovered below offer price within five days of debut trading. On Wednesday, the company's share pric...

Ins cos dominate top gainer’s chart

Ins cos dominate top gainer’s chart

FE Report 2019-04-18 10:41:30

Insurance companies Wednesday dominated the chart of 10 gainers of the Dhaka Stock Exchange (DSE). Of top 10 gainers, seven came from insurance sector whose share prices rose ranging from 6.34 per ce...

Currency swaps rule forex mkt, cushion reserve

Currency swaps rule forex mkt, cushion reserve

Jasim Uddin Haroon 2019-04-18 09:09:09

Interbank currency swaps under agreements to exchange cash flows at later dates dominate the country's foreign exchange market shielding the forex reserve to a great extent from any pressure. Banglad...

Working age population rises to 62.7 per cent

Working age population rises to 62.7 per cent

FE Online Report 2019-04-17 16:56:27

The significant rise in the country’s working age population – from 49 per cent in 1994 to 62.7 per cent in 2018 –provides a demographic dividend to the economy. This was pointed ou...