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The Financial Express

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Stocks lose ground again

Stocks lose ground again

FE Online Report 2018-12-12 15:43:11

Stocks lost ground again on Wednesday, extending the losing streak for the fifth straight session, as the national election nears. Market operators said the institutional investors mostly followed...

First ever NRB engineers’ confce in Dhaka in Feb

First ever NRB engineers’ confce in Dhaka in Feb

FE Online Desk 2018-12-12 14:07:05

‘Bridge to Bangladesh’ is set to organize a conference of Non Resident Bangladeshi (NRB) engineers, which is the first of its kind in the history of Bangladesh, in Dhaka in upcoming Februa...

Bourses light up in early trading

Bourses light up in early trading

FE Online Report 2018-12-12 11:36:16

Stocks moved up amid choppy trading in early hour of trading on Wednesday as investors are mostly followed cautious stance ahead of national election. Following the previous four days’ correc...

BSEC directs Pacific Denims to refund Tk 209m

BSEC directs Pacific Denims to refund Tk 209m

FE Report 2018-12-12 10:57:47

The securities regulator has ordered Pacific Denims to refund IPO fund above Tk 209.80 million, which was 'misused' in the name of constructing building, into the company account. After taking requ...

Bangladesh Venture Capital gets licence

Bangladesh Venture Capital gets licence

FE Desk Report 2018-12-12 10:49:29

Bangladesh Venture Capital Ltd has received 'Alternative Investment Fund Manager' Licence from Bangladesh Securities and Exchange Commission under Bangladesh Securities and Exchange Commission (Alte...

RAK suspends production of a tiles plant

RAK suspends production of a tiles plant

FE Report 2018-12-12 10:42:20

RAK Ceramics (Bangladesh) has suspended production of a tiles plant, out of four, due to the maintenance work of the machinery of tiles production plant. The UAE-Bangladesh joint venture company st...

Kohinoor Chemical approves 30pc dividend

Kohinoor Chemical approves 30pc dividend

FE Desk Report 2018-12-12 10:40:19

The 31st annual general meeting (AGM) of Kohinoor Chemical Company (BD) Limited was held at Officers Club, in the city on Monday, with Mohammad Obaidul Karim, Chairman of the company in the chair, a...

DSEX slips to three weeks low; stocks fall again

DSEX slips to three weeks low; stocks fall again

FE Online Report 2018-12-11 16:04:06

Stocks witnessed yet another bearish session on Tuesday, extending the losing streak for the fourth straight session, as risk-averse investors continued on selling spree. Market insiders said electio...

Stocks nudge up in early trading

Stocks nudge up in early trading

FE Online Report 2018-12-11 11:36:43

Stocks nudged up in early hour of trading on Tuesday as investors are showing their buying spree on sector-wise issues. Following the previous three days’ correction, the Dhaka Stock Exchange...

Banks' provisioning shortfall swells in nine months

Banks' provisioning shortfall swells in nine months

Siddique Islam 2018-12-11 09:30:27

Overall shortfall in provisioning against loans in the country's banking system swelled by over 20 per cent or Tk 13.60 billion during the first nine months of the year. The total amount of provision...

SoBs defy MoF order on public display of top defaulters’ list

SoBs defy MoF order on public display of top defaulters’ list

Syful Islam 2018-12-11 09:27:51

None of the state-owned banks (SoBs) and financial institutions have displayed the list of top loan defaulters on their notice boards and posted the same on websites, defying a directive of the minist...

Move to groom skilled Chartered Financial Analysts

Move to groom skilled Chartered Financial Analysts

FE Report 2018-12-10 20:15:25

CFA Society Bangladesh has declared a team of North South University champion of the local final of the CFA Institute Research Challenge 2018-19. The society announced the name of the winning team...

Stocks trim early gains to end lower

Stocks trim early gains to end lower

FE Online Report 2018-12-10 15:37:07

Stocks trimmed early gains to end lower on Monday, extending losing streak with core index falling below 5,300-mark again, as risk-averse investors continued on selling spree. Brokers said investors...

Bengal Windsor director to sell 3.20m shares

Bengal Windsor director to sell 3.20m shares

FE Online Report 2018-12-10 11:49:38

A sponsor-director of Bengal Windsor Thermoplastic Limited has declared to sell 3.20 million shares out of his total holding of 27.44 million shares of the company at prevailing market price. Humay...

Stocks pop in early trading

Stocks pop in early trading

FE Online Report 2018-12-10 11:24:22

Stocks witnessed positive trend in early hour of trading on Monday as investors are showing their buying spree on sector-wise issues. Following the previous day’s correction, the Dhaka Stock...

United Power's subsidiary declares dividend

United Power's subsidiary declares dividend

FE Report 2018-12-10 10:52:03

United Ashuganj Energy, a subsidiary of United Power, declared 8.75 per cent final cash dividend for the fourth quarter of fiscal year (FY) 2017-18. During the year, the United Ashuganj Energy paid...

MJL Bangladesh witnesses steady growth in five yrs

MJL Bangladesh witnesses steady growth in five yrs

FE Report 2018-12-10 10:48:47

MJL Bangladesh, country's largest lubricant company, has exhibited a steady growth in revenue earning and dividend disbursement, among others, in last five consecutive years through 'operational exc...

BD third among remittance-receiving  countries in South Asia

BD third among remittance-receiving countries in South Asia

-- 2018-12-09 19:38:54

Bangladesh has been ranked third among remittance-receiving countries in South Asia with a cash inflow of US$15.9 billion this year, according to a World Bank report. Moreover, the country became the...

Minister optimistic about 100pc ADP implementation in FY19

Minister optimistic about 100pc ADP implementation in FY19

-- 2018-12-09 17:36:00

Planning Minister AHM Mustafa Kamal is hopeful of achieving 100 per cent implementation rate of the Annual Development Programme (ADP) in the current fiscal year. The minister came up with the projec...

Stocks keep losing as major sectors fall

Stocks keep losing as major sectors fall

FE Online Report 2018-12-09 17:04:46

Stocks extended the losing streak for the second day in a row on Sunday, as cautious investors continued their selling spree on large-cap sectors. Analysts said investors were mostly on selling mood...

Election becomes a big investment: Debapriya

Election becomes a big investment: Debapriya

-- 2018-12-09 16:55:46

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Debapriya Bhattacharya has said eligible and honest candidates are not getting nominations as the election has become a big investment. He...

$500m WB loan to boost livestock, dairy production

$500m WB loan to boost livestock, dairy production

-- 2018-12-09 13:46:08

The World Bank (WB) has approved $500 million to improve livestock and dairy production in Bangladesh under the project titled ‘The Livestock and Dairy Development Project’. The lender...

DSE sends RD Food to ‘B’ category

DSE sends RD Food to ‘B’ category

FE Online Report 2018-12-09 12:43:37

Rangpur Dairy & Food Products is set to place in ‘B’ category from existing ‘A’ category with effect from Monday (December 10), said an official disclosure on Sunday. Th...

Prime Life Ins recommends 15pc dividend

Prime Life Ins recommends 15pc dividend

FE Online Report 2018-12-09 11:36:08

The board of directors of Prime Life Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval of dividend will come during the...

Stocks show mixed trend at opening

Stocks show mixed trend at opening

FE Online Report 2018-12-09 11:33:20

Stocks showed mixed trend in early hour of trading on Sunday as investors mostly followed cautious stance ahead of national elections. Following the previous week’s correction, the Dhaka Stoc...

Auditors see incomplete information in Central Pharmaceuticals

Auditors see incomplete information in Central Pharmaceuticals

FE Report 2018-12-09 10:41:07

The auditor has issued 'qualified' status on Central Pharmaceuticals for incomplete information found in the company's audit report for the year ended on June 30, 2018. According to basis of qualif...

ICB approves 35 per cent dividend

ICB approves 35 per cent dividend

FE Desk Report 2018-12-09 10:32:12

The 42nd annual general meeting (AGM) of Investment Corporation of Bangladesh (ICB) was held at a city hotel on Saturday, according to a statement. The AGM approved 35 per cent (30 per cent cash and...

Scams cost banking sector Tk 225b in 10 yrs: CPD

Scams cost banking sector Tk 225b in 10 yrs: CPD

FE Report 2018-12-09 09:50:40

Experts at a seminar in the capital on Saturday called for finding ways to keep the banking sector away from "patronage politics". The central bank needs to come out of the grip of the government and...

Refrain from interfering in banking sector, CPD urges political parties

Refrain from interfering in banking sector, CPD urges political parties

-- 2018-12-08 19:01:27

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya on Saturday urged the political parties to pledge in their manifestos, to be announced for the 11th parliamentary...

ACME Laboratories holds 42nd AGM

ACME Laboratories holds 42nd AGM

FE Online Desk 2018-12-08 15:49:04

The Acme Laboratories Limited recently organised its 42nd Annual General Meeting (AGM) at the PSC Convention Hall in the capital. Nagina Afzal Sinha, chairman of the company presided over the meeting...