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The Financial Express

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Infrastructure, HR major hurdles to desired growth

Infrastructure, HR major hurdles to desired growth

FE Report 2018-10-29 11:09:11

Inadequate infrastructure, energy insecurity and traffic mismanagement have been identified as some of the major hurdles to achieving desired investment and economic growth in the country. Business...

Panic sales send DSE stocks to 22-month low

Panic sales send DSE stocks to 22-month low

FE Report 2018-10-29 11:02:18

Stocks faced major headwinds on Sunday with the key index of the Dhaka Stock Exchange (DSE) slid into a record 22-month low, as investors went for panic sales. DSEX, the prime index of the bourse,...

Look beyond banks to finance infrastructure

Look beyond banks to finance infrastructure

FE Report 2018-10-29 10:56:53

Bangladesh needs to develop alternative sources of financing including bonds to meet its future infrastructure investment needs, experts said on Sunday. At the same time, the private sector needs to...

Golden Harvest to issue rights for business expansion

Golden Harvest to issue rights for business expansion

FE Report 2018-10-29 10:36:36

The board of directors of Golden Harvest Argo Industries Ltd has decided to issue rights shares, said an official disclosure on Sunday. The rights issue is an offer of new shares by a company to it...

CSE move to raise capacity building for brokers

CSE move to raise capacity building for brokers

FE Report 2018-10-29 10:35:02

The port city bourse will arrange capacity building programme for stock brokers in January, 2019. Under the programme, a delegation from Bangladesh will visit Indonesia Stock Exchange (IDX) and its...

Transport strike disrupts economic activities, communications

Transport strike disrupts economic activities, communications

FE Report 2018-10-29 10:09:47

Transport strike disrupted communications across the country on Sunday, taking a heavy toll on trade and economic activity. According to business circles, overall commodity supply chain, export-impor...

Muhith rules out economic fallout

Muhith rules out economic fallout

FE Report 2018-10-29 09:58:18

Finance minister AMA Muhith said on Sunday it is a myth the government cannot do business in all areas. "There are many areas where only the government needs to do business. And the government can at...

DSEX sinks to fresh 22-month low

DSEX sinks to fresh 22-month low

FE Online Report 2018-10-28 17:24:53

Stocks plummeted on Sunday with key index of the major bourse came down to a fresh 22-month low, triggered by panic sell-offs, fearing further fall of share prices. Market operators said shrinking of...

Marico declares 250pc interim cash dividend

Marico declares 250pc interim cash dividend

FE Online Report 2018-10-28 12:22:01

The board of directors of Marico Bangladesh Ltd has declared 250 per cent interim cash dividend for the year ending on March 31, 2019, said an official disclosure on Sunday. The multinational company...

Weekly review: All IT issues witness fall

Weekly review: All IT issues witness fall

FE Report 2018-10-28 11:16:03

The IT sector issues witnessed the highest correction in last week as the prices of all securities under the sector declined. The share prices of the companies dipped between 4.62 per cent and 11.68...

DS30 issues decline up to 15.44pc in last week

DS30 issues decline up to 15.44pc in last week

FE Report 2018-10-28 11:14:15

Most of the securities included in DS30 index lost prices between 0.2 per cent and 15.44 per cent in last week amid sharp fall observed on Dhaka Stock Exchange (DSE). The DS30 index comprising blue c...

Weekly analysis: Stocks see big fall

Weekly analysis: Stocks see big fall

FE Report 2018-10-27 10:55:53

Stocks plummeted last week that ended on Thursday, triggered by panic sell-offs, fearing further fall of share prices. Market operators blamed shrinking of foreign investment, fear of political turmo...

46 more companies recommend dividend up to 350pc

46 more companies recommend dividend up to 350pc

FE Report 2018-10-27 10:48:26

Some 46 more listed companies recommended dividends up to 350 per cent last week for the year ended on June 30, 2018, according to separate official disclosures. Of the companies, 14 recommended high...

Govt may double allowance for Extra Deptt staff

Govt may double allowance for Extra Deptt staff

Rezaul Karim 2018-10-27 10:24:02

The government is considering increasing the monthly allowance for the employees of 'Extra Department' under Postal Department by around 50 per cent, a finance ministry official said. The finance min...

Savers face dearth of govt savings tools

Savers face dearth of govt savings tools

Arafat Ara 2018-10-27 09:55:05

Supply shortage of different types of state-run savings certificates in many post offices and bank branches has been causing problems for many savers willing to invest funds in these instruments, insi...

Reforming direct taxation remains missing agenda

Reforming direct taxation remains missing agenda

Doulot Akter Mala 2018-10-27 09:47:50

The National Board of Revenue (NBR) has launched reforms since the 1990s, but it has ignored direct tax, undermining the effort to ensure progressive taxation. Progressive taxation requires the top-e...

World Bank okays $425m to improve rural bridges in Bangladesh

World Bank okays $425m to improve rural bridges in Bangladesh

-- 2018-10-26 16:16:30

The World Bank on Friday approved $425 million to improve road connections in Bangladesh through building, maintaining and improving rural bridges to benefit two-thirds of the country's people.  ...

First Security Bank to issue Tk 7.0b bond

First Security Bank to issue Tk 7.0b bond

FE Report 2018-10-26 10:55:11

The board of directors of First Security Islami Bank has decided to issue fully redeemable non-convertible "Mudaraba Subordinated Bond". The non-convertible subordinated bond will be Tk 7.0 billion a...

Monno Jute recommends 350pc stock dividend

Monno Jute recommends 350pc stock dividend

FE Report 2018-10-26 10:49:40

The board of directors of Monno Jute Stafflers has recommended a 350 per cent stock dividend for the year ended on June 30, 2018, the company said on Thursday. It was the third-highest stock divide...

KDS approves 15pc dividend

KDS approves 15pc dividend

FE Desk Report 2018-10-26 10:47:26

The 27th annual general meeting (AGM) of KDS Accessories Limited approved 5.0 per cent stock (bonus) and 10 per cent cash dividend for the shareholders at the CBC Confidence Cement Convention Centre,...

NBR move to overhaul taxation regime falters

NBR move to overhaul taxation regime falters

Doulot Akter Mala 2018-10-26 09:59:32

The National Board of Revenue (NBR) has initiated a plethora of reform initiatives since the 1990s, but those have produced little results in overhauling the taxation regime, officials and experts say...

ADB to give $110m loan for urban health services

ADB to give $110m loan for urban health services

-- 2018-10-25 18:20:08

The Asian Development Bank (ADB) has provided additional loan of $110 million for a project for improving access to urban primary healthcare services in Bangladesh through public-private partnerships...

WB to give $240m for improving coastal, marine fisheries  

WB to give $240m for improving coastal, marine fisheries  

-- 2018-10-25 17:46:23

The World Bank (WB) is set to lend $240 million as industrial loan to help improve management and production in marine and coastal fisheries and aquaculture. To this end, an agreement was signed at t...

Stocks rebound to end higher

Stocks rebound to end higher

FE Online Report 2018-10-25 16:12:04

Stocks ended slightly higher after volatile trading on Thursday as some investors showed their buying appetite on sector specific issues. Market insiders said the bargain hunters showed their buyin...

Eight more cos recommend dividend up to 28pc

Eight more cos recommend dividend up to 28pc

FE Online Report 2018-10-25 13:08:17

Eight more listed companies recommended dividend up to 28 per cent for the year ended on June 30, 2018, according to separate official disclosures on Thursday. The companies which recommended dividen...

DSE, CSE tread water in cautious trading

DSE, CSE tread water in cautious trading

FE Online Report 2018-10-25 12:19:20

The markets witnessed slow movement in early hour of trading Thursday as investors are mostly followed cautious stance amid dividend and earnings declaration session. Following the previous day&rsq...

First Security Islami Bank to issue Tk 7.0b bond

First Security Islami Bank to issue Tk 7.0b bond

FE Online Report 2018-10-25 12:11:22

The board of directors of First Security Islami Bank has decided to issue fully redeemable non-convertible ‘Mudaraba Subordinated Bond’. The non-convertible mudaraba subordinated bond wil...

aamra for infrastructure development

aamra for infrastructure development

FE Report 2018-10-25 10:40:23

aamra networks will utilise the unutilised IPO (initial public offering) fund for infrastructure development subject to approval from shareholders. The company has said in a disclosure that it's bo...

IPO subscription of S.S. Steel to begin Sunday

IPO subscription of S.S. Steel to begin Sunday

FE Report 2018-10-25 10:36:59

The public subscription of S.S. Steel Ltd will be opened on Sunday while IPO subscription of Genex Infosys will start on November 18. S.S. Steel: Initial public offering (IPO) subscription of S.S....

DSE shareholders to get six months from the date of SRO issuance

DSE shareholders to get six months from the date of SRO issuance

FE Report 2018-10-25 10:33:51

The shareholders of Dhaka Stock Exchange (DSE) have been informed of the procedure of investing their funds, received from Chinese consortium, in the capital market. The DSE Brokers Association of...