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The Financial Express

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'Concentration on Dhaka hurting growth'

'Concentration on Dhaka hurting growth'

FE Report 2018-10-18 09:34:40

Excessive concentration of population and economic activities in Dhaka is impeding the growth of Bangladesh, experts cautioned at a seminar in the capital on Wednesday. The country's suburban areas,...

DSE shows mixed trend amid volatility

DSE shows mixed trend amid volatility

FE Online Report 2018-10-17 12:40:28

Dhaka bourse displayed volatility in broad index following mixed performance of major sectors. The market opened positively and soon later the broad index failed to continue the upward trend on Dha...

BRAC Bank strengthens financial and digital ecosystem

BRAC Bank strengthens financial and digital ecosystem

FE Report 2018-10-17 10:43:02

BRAC Bank has undertaken a number of projects aiming to become the best bank in Bangladesh using modern and world-class digital technologies by 2020, the bank's top executive has said. "We're now wor...

BSEC approves MF prospectus

BSEC approves MF prospectus

FE Report 2018-10-17 10:38:13

The securities regulator has approved the draft prospectus of Shanta Amanah Shariah Fund, an open-end mutual fund (MF). The approval came at a meeting at the office of the Bangladesh Securities and E...

BIMSTEC FTA: Dhaka differs with Delhi over rules of origin

BIMSTEC FTA: Dhaka differs with Delhi over rules of origin

Syful Islam 2018-10-17 09:42:17

Bangladesh has largely differed with India's proposal for the value addition requirement for 22 more products under the proposed BIMSTEC free trade area (FTA) agreement, officials said. The disagreem...

Bangladesh maintains steady progress in tackling hunger: GHI

Bangladesh maintains steady progress in tackling hunger: GHI

-- 2018-10-16 21:31:04

The country has maintained a steady progress in tackling hunger as it has improved position in the 2018 Global Hunger Index (GHI). According to the 2018 GHI, Bangladesh moved by two notches to 88th p...

BERC not to raise gas prices now

BERC not to raise gas prices now

-- 2018-10-16 19:49:18

Considering the present situation, Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas prices. The BERC announced the decision at a press conference at its office in Dhaka...

Dhaka bourse creeps lower

Dhaka bourse creeps lower

FE Online Report 2018-10-16 13:22:14

Dhaka bourse declined marginally amid ups and downs observed on Tuesday. The market started the session with a positive note but shortly afterwards it failed to continue the upward trend. The majo...

IDLC net profit sees 1.0pc growth in Q3

IDLC net profit sees 1.0pc growth in Q3

FE Desk Report 2018-10-16 11:32:34

IDLC Finance Limited, reported net profit after tax of BDT 1,821.51 million in the first 9 months of 2018, posting a 1.0 per cent growth from the same period last year. Earnings per share (EPS) of th...

Mir Akhter holds IPO road show tomorrow

Mir Akhter holds IPO road show tomorrow

FE Report 2018-10-16 11:14:31

Mir Akhter Hossain Limited, a construction and engineering company, has moved to go public under the book building method. The company will raise a capital worth Tk 1.25 billion, said a release of...

BEZA to allot 30 acres of land to Berger

BEZA to allot 30 acres of land to Berger

FE Report 2018-10-16 11:08:38

Bangladesh Economic Zones Authority (BEZA) is set to allot 30 acres of land to Berger Paints Bangladesh Limited for expansion of its manufacturing facilities. A lease agreement in this regard is sc...

FDI inflow rises in BD amid global fall in Jan-Jun

FDI inflow rises in BD amid global fall in Jan-Jun

Asjadul Kibria 2018-10-16 10:20:28

The inflow of foreign direct investment (FDI) globally declined sharply in the first half of the current calendar year. The amount is estimated at $470 billion in the January-June period of 2018 whil...

BB relaxes terms on holding foreign loan collaterals

BB relaxes terms on holding foreign loan collaterals

FE Report 2018-10-16 10:12:24

The commercial banks are now allowed to hold collaterals on behalf of the on-resident lenders against external loans, availed by the state entities, without prior approval from Bangladesh Bank (BB)....

DSEX losses 28.62 point at midday

DSEX losses 28.62 point at midday

FE Report 2018-10-15 12:44:52

Dhaka bourse, the Dhaka Stock Exchange (DSE), started the Monday’s session with a down trend as losers took control over the gainers. The majors sectors including bank and financial instituti...

Top 10 traded cos capture 42pc market turnover

Top 10 traded cos capture 42pc market turnover

FE Report 2018-10-15 10:37:42

The top 10 turnover leaders on Sunday captured 41.95 per cent of the turnover featured by the Dhaka Stock Exchange (DSE). Three of the turnover leaders were also in the list of top 10 gainers. The...

IPDC Finance to issue Tk 1.0b bond

IPDC Finance to issue Tk 1.0b bond

FE Report 2018-10-15 10:30:00

IPDC Finance Limited will raise a capital worth Tk 1.0 billion through issuing bonds. The Bangladesh Securities and Exchange Commission (BSEC) approved a proposal to raise the capital through issui...

‘Invest Maestro’ final round today

‘Invest Maestro’ final round today

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

The final round of the inter-university business case competition titled "Invest Maestro", sponsored by the Bangladesh Institute of Capital Market (BICM), takes place at the BICM in the city today (Mo...

July-Aug trade gap reaches $2.11b

July-Aug trade gap reaches $2.11b

Siddique Islam 2018-10-15 09:42:31

Bangladesh's trade deficit crossed US$ 2.0 billion in the first two months of the current fiscal year (FY), 2018-19, mainly due to its higher import payments than lower export receipts, officials said...

Earnings of two MFs fall in Q1

Earnings of two MFs fall in Q1

FE Report 2018-10-14 12:58:37

The earnings per unit (EPU) of two closed-end mutual funds (MFs) declined for July-September quarter (Q1) of 2018 as against the same quarter of the previous year. The MFs were Southeast Bank 1st Mut...

Dhaka bourse sees gain at opening

Dhaka bourse sees gain at opening

FE Online Report 2018-10-14 12:23:50

The Dhaka Stock Exchange opened positively on Sunday as all the indices rose marginally within one hour of the session. The major sectors, including banks, were in a positive mood while gainers took...

IT sector shares witness highest losses last week

IT sector shares witness highest losses last week

FE Report 2018-10-14 10:35:45

The listed securities of IT sector witnessed highest correction on the Dhaka Stock Exchange (DSE) last week. The sector having eight companies declined 4.8 per cent in last five sessions. Some of th...

DBBL witnesses 39.77pc net profit growth in 2017

DBBL witnesses 39.77pc net profit growth in 2017

Mohammad Mufazzal 2018-10-14 10:33:29

Dutch-Bangla Bank Limited (DBBL) registered a growth of 39.77 per cent in net profit to Tk 2.46 billion in 2017 as compared to that of the previous year. According to the DBBL, the bank's profitabili...

Weekly analysis: Stocks post marginal gain

Weekly analysis: Stocks post marginal gain

FE Report 2018-10-13 10:39:41

Stocks edged higher last week, extending the gaining streak for the second week in a row, as some investors showed their buying appetite on sector specific issues. Market insiders said most of the in...

Four cos recommend dividend up to 410 per cent

Four cos recommend dividend up to 410 per cent

FE Report 2018-10-13 10:33:51

Four listed companies have recommended dividend between 6.0 per cent and 410 per cent last week for the year ended on June 30, 2018. The companies which recommended dividend are: Stylecraft, Genera...

Saudi Arabia deports over 500 BD migrants in 15 days

Saudi Arabia deports over 500 BD migrants in 15 days

Arafat Ara 2018-10-13 09:56:18

Bangladeshi workers have kept returning from Saudi Arabia in an increasing number since the kingdom started deporting the undocumented migrants, sources said. Statistics at the Probasi Kalyan Desk at...

LDC graduation: Project to devise strategy for 'smooth transition'

LDC graduation: Project to devise strategy for 'smooth transition'

Mehdi Musharraf Bhuiyan 2018-10-13 09:49:11

Amid concerns over possible impacts of losing LDC benefits, the government is crafting a 'transition strategy' for 'smooth graduation' from the country's least-developed country status. Officials sai...

IMF official anxious about loan defaults: Muhith

IMF official anxious about loan defaults: Muhith

-- 2018-10-12 16:37:55

Expressing satisfaction over the Bangladesh economy, Deputy Managing Director of International Monetary Fund Misuhiro Furusawa has said he is anxious about the prevalent loan defaults in the banking s...

Summit Power tops DSE turnover chart

Summit Power tops DSE turnover chart

FE Report 2018-10-12 10:49:03

Top ten traded companies captured more than 40 per cent turnover of the major bourse on Thursday while Summit Power topped the list. Market insiders said the investors showed their buying appetite on...

ICB to invest Tk 15b anew in share market

ICB to invest Tk 15b anew in share market

FE Report 2018-10-12 10:00:41

The state-run Investment Corporation of Bangladesh (ICB) will invest at least Tk 15.0 billion afresh in listed securities to boost the country's capital market. The investment will be made in line wi...

Quarterly ADP execution rate hits three-year low

Quarterly ADP execution rate hits three-year low

FHM Humayan Kabir 2018-10-12 09:36:45

The implementation rate of Annual Development Programme (ADP) hit a three-year low to 8.0 per cent in the first quarter of the fiscal year, 2018-19. The project implementation rate was two percentage...