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The Financial Express

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Indo-Bangla Pharma leads DSE turnover chart

Indo-Bangla Pharma leads DSE turnover chart

FE Report 2018-09-12 10:47:17

Indo-Bangla Pharmaceuticals will allocate 20 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Tuesday. The event was held at the Institution of En...

Khulna Power leads Dhaka bourse’s turnover chart

Khulna Power leads Dhaka bourse’s turnover chart

FE Report 2018-09-12 10:31:28

Top ten companies captured more than 38 per cent transaction of the Dhaka bourse on Tuesday while Khulna Power Company Ltd (KPCL) topping the list once again. Market insiders said investors were most...

Most banks renege on promises despite availing benefits

Most banks renege on promises despite availing benefits

Siddique Islam 2018-09-12 09:23:32

The majority of the banks have not brought down the lending rate to single digits despite availing both policy and fiscal supports offered by the government. More than three dozen banks did not re-fi...

Tk 602.68b subsidies for agriculture in 9 yrs

Tk 602.68b subsidies for agriculture in 9 yrs

-- 2018-09-11 20:46:37

The government has provided Tk 602.68 billion as subsidies for agriculture sector of the country in the last nine years, agriculture minister Begum Matia Chowdhury said. “Highest subsidies was...

Land office earns Tk 4.59b as revenue in 9-yr

Land office earns Tk 4.59b as revenue in 9-yr

-- 2018-09-11 19:56:24

Land (Bhumi) offices across the country has earned Tk 4.59 billion as general and organisational revenue from 2009-2010 to 2017-2018. “The present government has decided to set up land office...

ECNEC approves Madrasha dev project of Tk 59.19b

ECNEC approves Madrasha dev project of Tk 59.19b

-- 2018-09-11 19:16:22

The ECNEC has approved the Selected Madrasha Development Project with an estimated cost of Tk 59.19 billion in a bid to ensure infrastructural development of some 2,000 madrashas in the country. Th...

Bangladesh creating ultra-wealthy population

Bangladesh creating ultra-wealthy population

-- 2018-09-11 18:29:17

Bangladesh is creating fastest-growing ultra wealthy population over the past five years accumulating more wealth at a faster pace than China and USA, says a new report from data firm Wealth-X. The U...

Stocks give up morning gains

Stocks give up morning gains

FE Online Report 2018-09-11 16:34:01

Stocks gave up early gains and closed almost flat on Tuesday after volatile trading as investors mostly followed cautious stance. Market insiders said the investors followed ‘wait-and-see&rsquo...

Western Marine recommends 20pc stock dividend

Western Marine recommends 20pc stock dividend

FE Online Report 2018-09-11 11:15:34

The board of directors of Western Marine Shipyard has recommended 20 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval of dividen...

BSEC celebrates silver jubilee tomorrow

BSEC celebrates silver jubilee tomorrow

FE Report 2018-09-11 10:21:18

The Bangladesh Securities and Exchange Commission (BSEC) will celebrate its silver jubilee tomorrow (Wednesday) through a series of programmes. Prime Minister Sheikh Hasina is scheduled to attend the...

Active Fine's share price soaring without PSI

Active Fine's share price soaring without PSI

FE Report 2018-09-11 10:11:19

The share price of Active Fine Chemicals is soaring without having any undisclosed price sensitive information (PSI). Within three consecutive trading days, the company's share price jumped nearly...

NPLs soar by over 20pc

NPLs soar by over 20pc

Siddique Islam 2018-09-11 09:38:15

Despite close monitoring by the central bank, the amount of non-performing loans (NPLs) jumped by over 20 per cent or Tk 150.37 billion at the end of June this year from December last year. The volum...

Indo-Bangla Pharma’s IPO lottery draw Tuesday

Indo-Bangla Pharma’s IPO lottery draw Tuesday

FE Online Report 2018-09-10 18:14:03

The initial public offering (IPO) lottery draw of Indo-Bangla Pharmaceuticals will be held tomorrow (Tuesday), said officials. The event will be held at 10:30 am at the Auditorium of the Institution...

Stocks edge lower for second day

Stocks edge lower for second day

FE Online Report 2018-09-10 17:53:12

Stocks ended marginally lower for two consecutive sessions on Monday as investors opted to book profits in the later part of the session. Market insiders said the downward shift in the index is mainl...

ADB to provide $357m to develop power lines

ADB to provide $357m to develop power lines

-- 2018-09-10 17:43:06

The Asian Development Bank (ADB) will provide $350 million in loan and $7.5 million in grant for a project to develop two power lines in support of Bangladesh's national target of electricity for all...

Stocks hold onto early gains at midday

Stocks hold onto early gains at midday

-- 2018-09-10 12:48:51

Stocks on the country's both bourses stayed in the positive trend at midday on Monday as investors remained active on sector specific stocks. Following the previous day’s marginal correction, t...

Bourses see gains in early trading

Bourses see gains in early trading

FE Online Report 2018-09-10 11:35:10

The prices of most of the shares on both bourses saw an upward trend in early hour of trading on Monday as investors were showing their buying spree on sector specific stocks. Following the previous...

Regional lending gap threatens SDGs: Study

Regional lending gap threatens SDGs: Study

FE Report 2018-09-10 09:37:06

The big regional lending gap emerged one of the major barriers to the country's financial institutions (FIs) in achieving SDGs (sustainable development goals), according to a study released on Sunday....

Stocks slip into red as banks keep falling

Stocks slip into red as banks keep falling

FE Online Report 2018-09-09 16:25:58

Stocks ended marginally lower on Sunday, snapping a three-day gaining streak, as risk-averse investors opted to book profit on sector specific stocks. Market insiders said stocks fell marginally as i...

Peninsula Chittagong to expand hotel building

Peninsula Chittagong to expand hotel building

FE Online Report 2018-09-09 12:51:19

The board of directors of The Peninsula Chittagong has decided to renovate and expand the hotel building, said an official disclosure on Sunday. The cost of the said renovations and expansion outlets...

VFS Thread Dyeing makes flying debut

VFS Thread Dyeing makes flying debut

FE Online Report 2018-09-09 12:21:55

VFS Thread Dyeing has made a flying trading debut on stock exchanges today (Sunday) under the “N” category as its share price jumped three-fold within first hour of trading. In the Dhaka...

No capital outflow, ‘invest at home’

No capital outflow, ‘invest at home’

FE Report 2018-09-09 10:42:41

The issue of inequality has an international dimension as the net capital flows from South to North, with the US being the largest borrower, a leading Malaysian economist has said. The world's large...

Dragon Sweater trading resumes in public market today

Dragon Sweater trading resumes in public market today

FE Report 2018-09-09 10:14:53

The share trading of Dragon Sweater and Spinning Limited (DSSL) will resume in the public market today (Sunday), following withdrawal of restriction by the securities regulator. On August 16 last, th...

VFS Thread makes trade debut today

VFS Thread makes trade debut today

FE Report 2018-09-09 09:57:31

VFS Thread Dyeing makes its share trading debut today (Sunday) on both the bourses under 'N' category. DSE trading code for the company is "VFSTDL" and DSE company code is 17478, according to an offi...

BSEC gets three options to seal fate of closed-end MFs

BSEC gets three options to seal fate of closed-end MFs

FE Report 2018-09-09 09:50:22

A high-level meeting has proposed three options for Bangladesh Securities and Exchange Commission (BSEC) to settle the fate of closed-end mutual funds (MFs) as their respective tenures will expire in...

AIIB to invest $270m in clean water project

AIIB to invest $270m in clean water project

-- 2018-09-08 19:15:22

The Asian Infrastructure Investment Bank (AIIB) plans to invest $270 million in a clean water infrastructure project. The project aims to improve access to piped water and sanitation to municipalitie...

Runner Automobiles' IPO bidding to begin Monday

Runner Automobiles' IPO bidding to begin Monday

FE Report 2018-09-08 10:17:59

The bidding for discovering cut-off price for Runner Automobiles IPO shares under the book-building method will begin on Monday (September 10). The bidding by the eligible institutional investors thr...

MIDAS looks to be in front line of BD business development services

MIDAS looks to be in front line of BD business development services

FE Report 2018-09-08 10:16:09

Micro Industries Development Assistance and Services (MIDAS) aims to be the frontline business development service provider in Bangladesh, says its Managing Director Dr ASM Mashi-ur-Rahman. Its mis...

Weekly analysis: Stocks break five-week winning streak

Weekly analysis: Stocks break five-week winning streak

Babul Barman 2018-09-08 10:14:15

Stocks witnessed marginal correction last week, snapping a five-week winning streak, as risk-averse investors opted to book profit on sector specific stocks. Market insiders said stocks fell margin...

US action against N Korean hacker a major progress: BB

US action against N Korean hacker a major progress: BB

Syful Islam 2018-09-08 09:47:28

Bangladesh will examine the legal aspects of being a party to the criminal case against a North Korean hacker charged by the US justice department for cyber-attack on the Fed. In February 2016, the c...