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The Financial Express

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Olympic industries to import capital machinery

Olympic industries to import capital machinery

FE Online Report 2018-09-30 12:17:35

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

IFAD Autos recommends 32pc dividend

IFAD Autos recommends 32pc dividend

FE Online Report 2018-09-30 10:50:04

The board of directors of IFAD Autos has recommended 22 per cent cash dividend for shareholders (excluding sponsors/directors) and 10 per cent stock dividend for all shareholders for the year ended on...

Confidence Cement, Chinese co ink deal to procure machinery

Confidence Cement, Chinese co ink deal to procure machinery

FE Report 2018-09-30 10:36:38

Confidence Cement Dhaka Limited (CCDL), an associate of Confidence Cement Limited (CCL), recently signed a contract with China National Heavy Machinery Corporation (CHMC) to procure machines for its c...

CSE holds investors' awareness programme

CSE holds investors' awareness programme

FE Report 2018-09-30 10:16:36

The Chittagong Stock Exchange (CSE) organised a seminar on investors' awareness, financial literacy and internet trading recently in Cumilla, as part of its plan to 'promote' capital market. The semi...

Intermediaries urge BSEC to help solve pending issues

Intermediaries urge BSEC to help solve pending issues

FE Report 2018-09-30 10:15:15

The intermediaries of the capital market have requested the securities regulator to facilitate implementation of their demands, including revision of the banks' exposure to the stock market. They als...

Family debt lowest in 14 years: Global study

Family debt lowest in 14 years: Global study

Jasim Uddin Haroon 2018-09-30 10:14:19

The country's household debt as percentage of gross domestic product (GDP) has been shrinking over the years from its peak in 2005. The household debt means the purchase of residential property and...

Farmers Bank trying to make operation sound, safe: Executive

Farmers Bank trying to make operation sound, safe: Executive

FE Online Report 2018-09-29 17:48:09

The Farmers Bank is trying to make its operation sound and safe for all concerned, said the bank’s top executive on Saturday. The bank managing director and chief executive officer (CEO) Md Ehs...

Stocks keep losing as major sectors plunge

Stocks keep losing as major sectors plunge

FE Report 2018-09-29 10:39:31

Stocks extended the losing streak for the fourth straight week that ended on Thursday as risk-averse investors continued their selling spree on large-cap stocks. Market insiders said the ongoing pess...

Eight cos recommend dividend up to 55pc

Eight cos recommend dividend up to 55pc

FE Report 2018-09-29 10:35:31

Eight more listed companies recommended dividend last week which ranged between 15 per cent to 55 per cent for the year ended on June 30, 2018 while two companies declared 'no' dividend. The companie...

Green investment increases by 8.9pc in April-June quarter

Green investment increases by 8.9pc in April-June quarter

-- 2018-09-28 20:54:42

Investments in green initiatives have increased by 8.90 per cent at the end of April to June quarter of 2018 compared to the previous January to March period. According to Bangladesh Bank (BB), the t...

Ten cos to get 400 acres of land in EZs

Ten cos to get 400 acres of land in EZs

-- 2018-09-28 10:47:20

Prime Minister's Office (PMO) has permitted Bangladesh Economic Zones Authority (BEZA) to allocate 400 acres of land to 10 investors. The investors will invest a total of around US$ 1,981 million to...

ADB approves loan of $500m to upgrade primary education

ADB approves loan of $500m to upgrade primary education

FE Online Report 2018-09-27 19:15:36

The Asian Development Bank (ADB) has decided to give a loan of $500 million to upgrade the primary education sector of Bangladesh.   The approval came on Thursday at the Manila-based lending age...

Stocks tumble as major sectors plunge

Stocks tumble as major sectors plunge

FE Online Report 2018-09-27 15:50:24

Stocks witnessed sharp decline on Thursday as investors were mostly on selling spree, fearing further fall of stock prices. Analysts said the ongoing pessimism coupled with fear of political unrest...

BD Autocars recommends 15pc dividend

BD Autocars recommends 15pc dividend

FE Online Report 2018-09-27 11:57:44

The board of directors of Bangladesh Autocars Limited has recommended 3.0 per cent cash and 12 per cent stock dividend for the year ended on June 30, 2018. The board has also decided to implement ins...

Bourses drift lower at opening

Bourses drift lower at opening

FE Online Report 2018-09-27 11:54:27

The prices of most of the shares on bourses saw downward trend in early hour of trading Thursday as investors followed cautious stance amid ongoing dividend declaration session. Following the previ...

Standard Ceramic to import machinery

Standard Ceramic to import machinery

FE Report 2018-09-27 10:53:51

The board of directors of Standard Ceramic Industries Ltd has decided to open letter of credit (LC) for importing new capital machinery to enhance production capacity and reduce the production cost....

Govt targets 36.4m MT rice production in FY19

Govt targets 36.4m MT rice production in FY19

-- 2018-09-26 19:49:30

The government has set a target of producing at 36.4 million metric tonnes of rice (MT) in the current fiscal with an emphasis on high yielding variety. Officials said the Department of Agricultural...

DSE ends flat, CSE retreats

DSE ends flat, CSE retreats

FE Online Report 2018-09-26 15:46:11

Dhaka stocks ended almost flat on Wednesday after volatile trading as investors were active both sides of trading fence, while the Chittagong stock returned to the red. Market operators said the in...

Dhaka, Delhi agree on CEPA deal

Dhaka, Delhi agree on CEPA deal

-- 2018-09-26 15:06:45

Dhaka and New Delhi have agreed to forge the comprehensive economic partnership agreement (CEPA) to boost trade ties between the two neighbouring countries. Commerce Minister Tofail Ahmed and his Ind...

ADB projects 7.5pc growth for FY19

ADB projects 7.5pc growth for FY19

-- 2018-09-26 13:31:56

The Asian Development Bank (ADB) has projected 7.5 per cent economic growth for Bangladesh for the current fiscal year, slightly below than the government’s estimate of 7.8 per cent. The growth...

Four cos recommend dividends

Four cos recommend dividends

-- 2018-09-26 12:41:32

Four more listed companies—BSRM Steels, Bangladesh Steel Re-rolling Mills, Legacy Footwear and The INB Sina—have recommended a total of 100pc dividends for the year ended on June 30, 2018....

IBN Sina recommends 40pc dividend

IBN Sina recommends 40pc dividend

FE Online Report 2018-09-26 12:17:10

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 30 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on W...

BSRM Steels recommends 20pc dividend

BSRM Steels recommends 20pc dividend

FE Online Report 2018-09-26 12:06:55

The board of directors of BSRM Steels Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval the of dividend will come during...

Legacy Footwear recommends 20pc dividend

Legacy Footwear recommends 20pc dividend

FE Online Report 2018-09-26 12:03:53

The board of directors of Legacy Footwear Ltd has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the...

Stocks eke out some gains on buying spree

Stocks eke out some gains on buying spree

FE Online Report 2018-09-26 11:26:20

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as some investors showed their buying spree on sector-wise stocks. Following the previous...

BSRM recommends 10pc cash, 10pc stock dividend

BSRM recommends 10pc cash, 10pc stock dividend

FE Online Report 2018-09-26 11:18:25

The board of directors of Bangladesh Steel Re-rolling Mills (BSRM) has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividen...

Banks to offer single-digit rate soon: Muhith

Banks to offer single-digit rate soon: Muhith

FE Report 2018-09-26 10:45:03

Finance Minister A M A Muhith has expressed the hope that the private commercial banks (PCBs) will bring down their lending rate to single digit shortly. "I expect the banks will bring it down. So...

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

FE Report 2018-09-26 10:43:29

Shurwid Industries will transfer its 2.6 million shares to NRB Bank for settling the company's liabilities of Tk 97.30 million to the bank. The shares will be handed over to the bank from the holding...

Top ten traded companies grab 40pc turnover

Top ten traded companies grab 40pc turnover

FE Report 2018-09-26 10:37:43

Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. Market insiders said the investors cont...

Private foreign borrowing now costlier than before

Private foreign borrowing now costlier than before

Jubair Hasan 2018-09-26 09:36:08

Amid impending risks, foreign borrowing by the country's private sector keeps rising, which in turn increases the external debt gradually. Bankers, beneficiaries and financial market analysts said th...