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The Financial Express

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Ambee Pharma to pay 30pc cash dividend

Ambee Pharma to pay 30pc cash dividend

FE Report 2018-11-14 12:46:24

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general mee...

Stocks rebound riding on power issues

Stocks rebound riding on power issues

FE Report 2018-11-14 12:45:25

Stocks rebounded on Tuesday, after a single-day break, as some investors showed their buying appetite on sector specific issues. DSEX, the prime index of the Dhaka Stock Exchange, settled at 5,258,...

WB budgetary support: BD likely to get $250m this fiscal

WB budgetary support: BD likely to get $250m this fiscal

FHM Humayan Kabir 2018-11-14 12:39:54

The government has recently completed negotiations with the World Bank (WB) over US$750 million budgetary support credit to narrow its fiscal deficit, officials said on Monday. Within this fiscal yea...

Muhith wants taxpayers’ number to reach 40m

Muhith wants taxpayers’ number to reach 40m

FE Report 2018-11-14 12:39:07

Income tax fair has begun in all divisional headquarters, four districts and seven upazilas. Finance Minister AMA Muhith inaugurated the weeklong tax fair Tuesday at city's Officers' Club premises on...

United Power to acquire 99pc stake of United Energy

United Power to acquire 99pc stake of United Energy

FE Online Report 2018-11-14 12:34:00

The board of directors of United Power Generation & Distribution Company Limited has decided to acquire 99 per cent stake of United Energy, a sister concern of the United Group. United Power will...

Stocks drive gains on buying spree

Stocks drive gains on buying spree

FE Online Report 2018-11-14 12:32:59

The prices of most of the shares on the bourses saw upward trend in early hour of trading Wednesday as some investors are active on sector-wise issues. Following the previous day’s slight gai...

Three state-run cos recommend dividends

Three state-run cos recommend dividends

FE Online Report 2018-11-11 12:20:37

The board of directors of three state-run companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday. The companies are: Padma Oil...

DSE lifts trading suspension on Khulna Power

DSE lifts trading suspension on Khulna Power

FE Online Report 2018-11-11 11:58:51

The Dhaka Stock Exchange (DSE) has withdrawn the suspension of trading of Khulna Power Company Ltd (KPCL) on Sunday, with immediate effect. The board of directors of the DSE took the decision at a me...

Stocks mostly higher despite low trading activities

Stocks mostly higher despite low trading activities

FE Online Report 2018-11-11 11:28:27

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading Sunday as some investors were seen active on sector-wise issues. Following the previous week&rs...

Jute sector sees highest rise in market price

Jute sector sees highest rise in market price

FE Report 2018-11-11 11:01:44

The jute sector has witnessed the highest rise in market price during the last week on the Dhaka Stock Exchange (DSE). Some major sectors such as bank, financial institution, fuel & power and tel...

Experts sceptical of attaining SDGs by 2030

Experts sceptical of attaining SDGs by 2030

FE Report 2018-11-11 09:50:03

Experts at a seminar on Saturday expressed scepticism about achieving the sustainable development goals (SDGs) by the country within the stipulated timeframe. They listed a number of factors that mig...

Govt plans reforms in NBR to boost revenue collection

Govt plans reforms in NBR to boost revenue collection

-- 2018-11-10 10:49:51

The government has taken an initiative to bring infrastructural reforms in the Internal Resources Division (IRD) and create new units at the National Board of Revenue (NBR) to boost revenue collection...

Stocks end week flat amid choppy trading

Stocks end week flat amid choppy trading

FE Report 2018-11-10 10:45:59

Stocks finished flat last week, after remaining down in the past three weeks, as investors mostly followed cautious stance ahead of national elections. Market insiders said most of the investors adop...

12 more cos recommend dividend up to 140pc

12 more cos recommend dividend up to 140pc

FE Report 2018-11-10 10:41:28

Twelve more listed companies and two mutual funds have recommended dividend last week for the year ended on June 30, 2018, according to separate official disclosures. The companies are: Meghna Petr...

Dhaka to seek $4.0b more under IDA-18 package

Dhaka to seek $4.0b more under IDA-18 package

FHM Humayan Kabir 2018-11-10 10:02:21

Bangladesh will seek US$4.0 billion more funds from the World Bank (WB) the global lender's replenishment meeting next week in Zambia, officials have said. Besides, it will request the Washington-ba...

July-Oct remittance up by 12.17pc

July-Oct remittance up by 12.17pc

-- 2018-11-09 16:54:26

Expatriate Bangladeshis sent US$5,108 million remittances during the first four months of the current fiscal 2018-19 (FY19), which is 12.17 per cent higher than that of the previous fiscal, a Banglade...

Experts, planners air concern over unplanned urbanisation

Experts, planners air concern over unplanned urbanisation

FE Report 2018-11-09 15:02:55

Urban experts and planners at a seminar in the city have expressed concern over the trend of unplanned urbanisation and blamed personal interests, non-implementation of the plans that remain only in p...

Govt borrowing from savings tools rises in Q1

Govt borrowing from savings tools rises in Q1

FE Report 2018-11-09 11:38:22

The government's net borrowing from state-owned savings instruments increased by more than 5.0 per cent in the first quarter (Q1) of the ongoing fiscal year compared to that of the previous fiscal, of...

CSE board embraces new director

CSE board embraces new director

FE Report 2018-11-09 11:07:34

Shareholders of Chittagong Stock Exchange (CSE) approved on Thursday 5.0 per cent cash dividend for the year ended on June 30 last. The shareholders also approved the audited financial statement, amo...

ADN Telecom's cut-off price fixed at Tk 30

ADN Telecom's cut-off price fixed at Tk 30

FE Report 2018-11-09 11:06:11

The cut-off price of ADN Telecom's shares has been fixed at Tk 30 each, as discovered by institutional investors through electronic bidding under the book-building method. ADN Telecom, the IT and t...

Collectors' behaviour keeps people from paying taxes

Collectors' behaviour keeps people from paying taxes

FE Report 2018-11-09 09:57:34

Speakers at a dialogue on Thursday underscored the need for mobilising increased domestic resources and proper utilisation of foreign aid for development financing. They said though Bangladesh attain...

Stocks post marginal gain for second day

Stocks post marginal gain for second day

FE Online Report 2018-11-08 15:19:59

Stocks posted the marginal gain for second day in a row on Thursday as some investors continued their buying appetite on sector-wise stocks. Market insiders said lucrative price levels coupled with p...

BIMSTEC to push for free trade

BIMSTEC to push for free trade

FE Report 2018-11-08 12:17:26

Free trade issue and cooperation on customs matters will figure prominently in a two-day meeting of the BIMSTEC trade negotiating committee beginning in Dhaka on November 18, officials said. Other is...

NBR exempts BSC from VAT on buying six Chinese ships

NBR exempts BSC from VAT on buying six Chinese ships

Doulot Akter Mala 2018-11-08 11:36:27

The National Board of Revenue (NBR) has exempted the Bangladesh Shipping Corporation (BSC) from paying Value Added Tax (VAT) on account of its purchase of six new ocean-going ships. Otherwise, the co...

Meghna Petroleum recommends 140pc div

Meghna Petroleum recommends 140pc div

FE Online Report 2018-11-08 11:33:45

The board of directors of Meghna Petroleum has recommended 140 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general meeting (...

DSE, CSE post marginal gain at opening

DSE, CSE post marginal gain at opening

FE Online Report 2018-11-08 11:27:01

The prices of most of the shares on the bourses witnessed upward trend in early hour of trading Thursday as some investors are active on sector-wise issues. Following the previous day’s upward...

Low-cap cos dominate turnover list

Low-cap cos dominate turnover list

FE Report 2018-11-08 11:07:15

The low-cap companies dominated the Dhaka Stock Exchange's turnover chart on Wednesday while the SK Trims Industries topped the list. Brokers said investors showed their buying appetite on SK Trims...

Remittance inflow marks rise in Oct

Remittance inflow marks rise in Oct

-- 2018-11-07 20:42:08

The country's remittance inflow marked a rise in October after its decline in September this year. As per the statistics provided by the Bangladesh Bank, the country received $1.239 billion in remitt...

Stocks rebound after five days of losses

Stocks rebound after five days of losses

FE Online Report 2018-11-07 15:21:08

Stocks rebounded on Wednesday, snapping a five-day losing streak, supported by Investment Corporation of Bangladesh (ICB). The state-run Investment Corporation of Bangladesh resumed much-talked inves...

$200m ADB loan for rural road network development

$200m ADB loan for rural road network development

FE Report 2018-11-07 14:06:42

The Asian Development Bank (ADB) will provide more than $200 million as credit to help improve rural road network for 51.5 million people in Bangladesh. The ADB Board of Directors gave approval to...