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The Financial Express

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Govt aims to cut poverty by 1.8pc per year: Muhith

Govt aims to cut poverty by 1.8pc per year: Muhith

-- 2018-10-03 20:56:13

Finance Minister Abul Maal Abdul Muhith on Wednesday said that government has set a target to reduce the rate of poverty by 1.6 to 1.8 per cent a year through inclusive economy. "The government's pol...

DSEX crosses 5,400-mark on buying spree

DSEX crosses 5,400-mark on buying spree

FE Online Report 2018-10-03 16:10:31

Stocks ended higher on Wednesday as optimistic investors showed their buying appetite on large-cap stocks, particularly banking stocks. Market insiders said most of the investors were buying shares o...

BD will be the 26th largest economy in 2030: HSBC

BD will be the 26th largest economy in 2030: HSBC

FE Online Report 2018-10-03 15:47:05

Bangladesh is likely to make the biggest jump in the global rankings of the size of the economies by the next 12 years, according to a long-term projection of the HSBC Global Research. The country&...

Bangladesh to hold talks with Dubai firm for LPG terminal

Bangladesh to hold talks with Dubai firm for LPG terminal

Reuters 2018-10-03 11:53:20

Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday. “E...

ACME Laboratories recommends 35pc cash dividend

ACME Laboratories recommends 35pc cash dividend

FE Online Report 2018-10-03 11:31:37

The board of directors of ACME Laboratories Limited has recommended 35 per cent cash dividend for the year ended on 30 June 2018. The final approval of dividend will come during the annual general me...

DSE, CSE drift higher at opening

DSE, CSE drift higher at opening

FE Online Report 2018-10-03 11:20:16

The prices of most of the shares saw upward trend in early hour of trading Wednesday as investors are showing buying appetite on sector-wise issues. Following the previous day’s marginal gain...

Govt's tax revenue from DSE slumps 30pc in Q1

Govt's tax revenue from DSE slumps 30pc in Q1

FE Online Report 2018-10-03 10:56:24

The government's revenue earnings from the Dhaka bourse fell 30 per cent in the first quarter (Q1) of the current fiscal year (FY) compared to the same quarter a year ago as trading volume was on the...

Experts blame BB for inadequate channelling of green financing

Experts blame BB for inadequate channelling of green financing

FE Report 2018-10-03 10:52:06

Channelling of green financing in Bangladesh remains largely inadequate, as the central bank's approach in this regard is hardly bearing any result, experts said at a seminar in the capital on Tuesday...

Kattali Textile's IPO lottery draw tomorrow

Kattali Textile's IPO lottery draw tomorrow

FE Report 2018-10-03 10:41:03

The IPO lottery draw of Kattali Textile will be held tomorrow (Thursday) to allocate 34 million ordinary shares among the successful applicants. The event will be held at 10:30 am at the AGB Colony...

ICSB delegation meets BSEC chairman

ICSB delegation meets BSEC chairman

FE Desk Report 2018-10-03 10:35:42

A delegation of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President Mohammad Sanaullah FCS called on Dr. M. Khairul Hossain, Chairman, Bangladesh Securities and Exchange C...

Share price of five small cap cos rising sans PSI

Share price of five small cap cos rising sans PSI

FE Report 2018-10-03 10:27:08

The share prices of five small cap companies were rising 'abnormally' despite having no disclosed price sensitive information (PSI) for the recent price hikes. Following the abnormal price hikes, the...

Remittance inflow rises by 32pc in September

Remittance inflow rises by 32pc in September

-- 2018-10-02 21:47:11

Remittance inflow to Bangladesh increased about 32 per cent in September compared to the same period of previous year. According to latest Bangladesh Bank statistics, the expatriate Bangladeshis sent...

Move to restore navigability of four rivers

Move to restore navigability of four rivers

-- 2018-10-02 18:57:15

The government plans to restore navigability of Old Brahmaputra, Dharla, Tulai and Punorbhoba rivers by June 2024 with an aim to ensure smooth and safe plying of river vessels. The Executive Committe...

World Bank forecasts 7.0pc growth for Bangladesh in FY19

World Bank forecasts 7.0pc growth for Bangladesh in FY19

-- 2018-10-02 15:51:05

The World Bank has forecast a growth rate of 7.0 per cent for Bangladesh this fiscal year on the back of robust private investment, increased exports and remittance inflows. The projection is lower t...

Stocks edge higher in tentative trade

Stocks edge higher in tentative trade

FE Online Report 2018-10-02 15:45:22

Stocks ended slightly higher on Tuesday after choppy trading as investors were active both sides of trading fence throughout the session. Market insiders said a section of investors sold shares to...

BB concerned over upward non-food inflation, inflation expectations 

BB concerned over upward non-food inflation, inflation expectations 

FE Online Report 2018-10-02 14:16:41

Rising non-food inflation and expectations for upward inflation may become the challenges for Bangladesh Bank to contain the overall inflationary pressure in the coming days. The latest quarterly rev...

Three cos share price soaring sans PSI

Three cos share price soaring sans PSI

FE Online Report 2018-10-02 12:07:29

Share prices of three companies –Stylecraft, SK Trims Industries, and Dulamia Cotton Spinning Mills –were rising despite having no undisclosed price sensitive information (PSI). Following...

Bourses move in a narrow range

Bourses move in a narrow range

FE Online Report 2018-10-02 11:22:32

The prices of most of the shares witnessed upward trend in early hour of trading Tuesday as investors are active on sector-wise stocks. Following the previous day’s flat movement, the Dhaka S...

BSEC to organise investors' week October 07-11

BSEC to organise investors' week October 07-11

FE Report 2018-10-02 10:26:04

The securities regulator will organise the 'World Investor Week 2018' during October 7-11 to create awareness among the general investors. The week will be observed in accordance with the declaration...

Net foreign fund in stocks rebounds after five months

Net foreign fund in stocks rebounds after five months

Babul Barman 2018-10-02 10:20:36

Net foreign fund in stocks turned positive last month after remaining negative over the period of last five months as overseas investors were putting fresh funds to take advantage of 'lucrative' pri...

Five more sectors may get incentives under PPP

Five more sectors may get incentives under PPP

Rezaul Karim 2018-10-02 09:55:31

Projects under five more sectors are likely to be made eligible for government incentives under the public-private partnership (PPP) initiative, officials said. The finance minister has recently aske...

EBL, Summit Group strikes Interest Rate SWAP for power plants

EBL, Summit Group strikes Interest Rate SWAP for power plants

FE Online Report 2018-10-01 20:39:15

Eastern Bank Limited (EBL) and Summit Group have fixed an Interest Rate SWAP derivative deal worth $71.25 million for two power plant projects.  They power plants are Barisal Power Limited and S...

Stocks shed gains to end flat

Stocks shed gains to end flat

FE Online Report 2018-10-01 15:52:23

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) surrendered their early gains to close flat on Monday as investors went on late hours selling spree on sector-wise stocks. Mar...

DSE, CSE move slowly at opening

DSE, CSE move slowly at opening

FE Online Report 2018-10-01 11:32:22

The prices of most of the shares saw upward trend in early hour of trading Monday as investors are active on sector-wise stocks. Following the previous day’s marginal gain, the Dhaka Stock Ex...

Summit Alliance recommends 12.50pc div

Summit Alliance recommends 12.50pc div

FE Online Report 2018-10-01 10:57:05

The board of directors of Summit Alliance Port Limited has recommended 12.50 per cent cash dividend for the year ended on 30 June 2018. The final approval of dividend will come during the annual gene...

Olympic industries to import cap machinery

Olympic industries to import cap machinery

FE Report 2018-10-01 10:46:29

The board of directors of Olympic Industries has decided to import capital machinery worth Tk 136.87 million for enhancing the production capacity. The company will import a wafer manufacturing lin...

Unique Hotel joins consortium to invest in 600MW power plant

Unique Hotel joins consortium to invest in 600MW power plant

FE Report 2018-10-01 10:37:50

A consortium, led by Unique Hotel & Resorts, will set up a 600 megawatt power plant to be based on gas or regasified liquefied natural gas (RLNG) at Meghnaghat of Narayanganj. The board of direct...

Stocks higher after volatility

Stocks higher after volatility

FE Online Report 2018-09-30 16:09:42

Stocks ended marginally higher on Sunday as some investors went on late hours buying on sector-wise stocks. Analysts said despite the managed to close green, investors remained followed cautious and...

Deadline drawing near for Invest Maestros

Deadline drawing near for Invest Maestros

FE Report 2018-09-30 15:22:26

Deadline for taking part in the first ever Inter-University Capital Market Case Competition, jointly organised by Bangladesh Institute of Capital Market (BICM) and Dhaka Stock Exchange (DSE), is appro...

BSCCL recommends 5.0pc cash dividend

BSCCL recommends 5.0pc cash dividend

FE Online Report 2018-09-30 12:54:35

The board of directors of Bangladesh Submarine Cable Company Limited (BSCCL) has recommended 5.0 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Sunday. The...