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The Financial Express

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Banks' market cap falls 9.0pc in two weeks

Banks' market cap falls 9.0pc in two weeks

FE Report 2018-09-16 11:19:57

The share prices of listed banks witnessed correction amid increased turnover recently on the Dhaka Stock Exchange (DSE). Following the price correction, the market capitalisation of the banks declin...

LGED in a hurry to take up road projects

LGED in a hurry to take up road projects

FHM Humayan Kabir 2018-09-16 09:26:30

The government is in a hurry to get rural infrastructure development projects involving substantial volume of funds approved by the Planning Commission (PC) before the forthcoming national elections,...

Secondary trading of t-bills, bonds drop 62pc in Jan-Aug

Secondary trading of t-bills, bonds drop 62pc in Jan-Aug

FE Online Report 2018-09-15 17:36:01

Secondary trading of treasury bills and treasury bonds dropped sharply in the first eight months of the current calendar year, according to the latest statistics of the central bank. It showed that v...

Islamic banks’ investment jumps by 17pc in FY18

Islamic banks’ investment jumps by 17pc in FY18

FE Online Report 2018-09-15 17:25:18

Total investment by the country’s Islamic banking industry stood at Tk 2.16 trillion at the end of the past fiscal year (FY18). Bangladesh Bank statistics also showed that the investment by the...

Stocks keep losing as bank, telecom issues slump

Stocks keep losing as bank, telecom issues slump

FE Report 2018-09-15 10:30:04

Stocks extended the losing streak for the two straight weeks that ended on Thursday as cautious investors continued their selling binge on large-cap stocks. Market insiders said investors booked prof...

Carbon tax can juice up BD GDP: WB

Carbon tax can juice up BD GDP: WB

FE Report 2018-09-15 10:13:26

Bangladesh can boost its tax-GDP ratio by around 10 per cent by introducing carbon tax in the country, a recent World Bank study has said. Such type of tax can help the country reduce environmental...

WB lists barriers that make long-term finance scarce

WB lists barriers that make long-term finance scarce

Syful Islam 2018-09-15 10:01:12

The World Bank has identified five impediments to developing long-term finance in Bangladesh, officials said. The Washington-based lender has cited the weak points in a diagnostic report prepared und...

Loan restructuring goes awry as borrowers violate terms

Loan restructuring goes awry as borrowers violate terms

Jasim Uddin Haroon 2018-09-15 09:57:11

The special loan restructuring facility offered to some businesses on the grounds of political instability in 2014 have yielded little results in keeping them out of the "default-cycle". The central...

BKB to disburse Tk 2.02bn loans in Narsingdi

BKB to disburse Tk 2.02bn loans in Narsingdi

-- 2018-09-14 16:26:18

Bangladesh Krishi Bank (BKB) Narsingdi region has taken a plan to disburse Tk 2.02 billion as agriculture loans among farmers of the district during the current fiscal year 2018-19. BKB sources said...

ML Dyeing to make trading debut Monday

ML Dyeing to make trading debut Monday

FE Report 2018-09-14 13:06:43

ML Dyeing Limited will make its share trading debut on stock exchanges under "N" category on Monday next, officials said. The Dhaka Stock Exchange (DSE) trading code for the company is "MLDYEING" and...

EIs discover share price at Tk 75

EIs discover share price at Tk 75

FE Report 2018-09-14 12:57:09

The cut-off price of the shares of Runner Automobiles limited has been fixed at Tk 75 each as discovered by eligible investors (EIs) through bidding under the book building method. The EIs will get t...

State minister urges RMG cos to join capital market

State minister urges RMG cos to join capital market

Our Correspondent 2018-09-14 11:59:39

Terming the readymade garment (RMG) sector as lifeline of the country's economy, State Minister for Land Saifuzzaman Chowdhury MP has urged the local RMG manufacturers to get listed with the capital m...

Active Fine leads DSE turnover list

Active Fine leads DSE turnover list

FE Report 2018-09-14 11:37:48

Top ten traded companies captured nearly 42 per cent turnover of the major bourse on Thursday while Active Fine Chemicals dominated the chart. Market insiders said investors were active on the Active...

Broader govt-pvt sector role vital for achieving SDGs

Broader govt-pvt sector role vital for achieving SDGs

FE Report 2018-09-14 10:55:00

Broader collaboration between the government and the private sectors is vital for achieving the sustainable development goals (SDGs), said speakers at a discussion on Thursday. They also underscored...

BB fears inflationary pressure from pricey global commodities

BB fears inflationary pressure from pricey global commodities

Jasim Uddin Haroon 2018-09-14 09:40:45

The rate of 'expected inflation' is predicted to rise this fiscal year driven by higher global commodity prices and exchange rate movement, the central bank has said. The Bangladesh Bank, which prepa...

BD’s per capita income to reach $16,000 by 2041: Azad

BD’s per capita income to reach $16,000 by 2041: Azad

-- 2018-09-13 19:31:58

Principal Coordinator (SDG Affairs) of the Prime Minister's Office Abul Kalam Azad on Thursday said Bangladesh's per capita income will reach US$16,000 by 2041 when the country will be a developed one...

Green Delta Insurance launches Digital Insurance

Green Delta Insurance launches Digital Insurance

FE Online Report 2018-09-13 19:15:11

Green Delta Insurance on Thursday has launched its Digital Insurance, first of its kind in the country. The Non-life insurance company inaugurated the online service following a press conference at...

ML Dyeing to make trading debut Sept 17

ML Dyeing to make trading debut Sept 17

FE Online Report 2018-09-13 19:05:55

ML Dyeing Limited will make its share trading debut on stock exchanges under “N” category on September 17, officials said. The Dhaka Stock Exchange (DSE) trading code for the company is &...

Stocks fall; DSE turnover hits record high

Stocks fall; DSE turnover hits record high

FE Online Report 2018-09-13 15:19:57

Stocks extended their losing streak for second day in a row on Thursday with turnover crossing Tk 10 billion-mark after two months. Market insiders said a section of investors continued their selling...

Meghna Cement recommends 10pc dividend

Meghna Cement recommends 10pc dividend

FE Online Report 2018-09-13 12:19:55

The board of directors of Meghna Cement Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Thursday. The annual general meeting (AG...

DSE capital gain tax likely at 5.0pc

DSE capital gain tax likely at 5.0pc

FE Report 2018-09-13 12:01:25

There has been a reduction in capital gain tax to 5.0 per cent from 15 per cent on the Chinese funds for the Dhaka Stock Exchange (DSE) shareholders. Finance Minister AMA Muhith declared the tax cut...

Stocks manage some gains at opening

Stocks manage some gains at opening

FE Online Report 2018-09-13 11:28:11

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading on Thursday investors are showing buying spree on sector specific stocks. Following the previous day’...

Top ten traded companies clinch 39pc transaction

Top ten traded companies clinch 39pc transaction

FE Report 2018-09-13 10:41:23

Top ten traded companies captured 39 per cent turnover of the major bourse on Wednesday while Khulna Power Company topped the chart for second day in a row. Market insiders said that despite the mark...

Western Marine EGM revises rights issue proposal

Western Marine EGM revises rights issue proposal

Our Correspondent 2018-09-13 10:37:52

Western Marine Shipyard (WMS) held its seventh extraordinary general meeting (EGM) at the Chittagong Boat Club in the city recently with participation of general shareholders. The company's Chairman...

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith

FE Report 2018-09-13 09:27:11

The number of loan defaulters in the country reached 230,658, and the amount of unrecovered loan from them totalled over Tk 1.31 trillion until June 2018, according to the central bank. Finance Minis...

Provisioning shortfall soars 18pc to Tk 79.90b in H1

Provisioning shortfall soars 18pc to Tk 79.90b in H1

FE Report 2018-09-13 09:20:39

Overall shortfall in provisioning against loans in the country's banking system swelled by over 18 per cent or Tk 12.23 billion in the first half (H1) of this calendar year (2018). The aggregate amou...

Stocks end lower after choppy trading

Stocks end lower after choppy trading

FE Online Report 2018-09-12 15:56:35

Stocks ended marginally lower on Wednesday after volatile trading as cautious investors went on late hours selling binge. Analysts said the some investors went on late hours selling spree, particular...

Get clear idea before investing in share market: PM

Get clear idea before investing in share market: PM

-- 2018-09-12 12:50:43

Prime Minister Sheikh Hasina has called upon the small investors not to get tempted by others while investing in the capital market but take their own decisions after knowing everything about a compan...

Stocks drift higher on buying spree

Stocks drift higher on buying spree

FE Online Report 2018-09-12 11:39:05

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading on Wednesday investors are showing buying spree on sector specific stocks. Following the previous day&rsq...

BSEC celebrates silver jubilee

BSEC celebrates silver jubilee

FE Online Desk 2018-09-12 11:23:17

The Bangladesh Securities and Exchange Commission (BSEC) is celebrate its silver jubilee on Wednesday through a series of programmes. Prime Minister Sheikh Hasina has inaugurated the event at Banga...