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The Financial Express

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Ministry-wise allocation barely rises in five years

Ministry-wise allocation barely rises in five years

Mehdi Musharraf Bhuiyan 2018-06-28 10:34:19

The ministry-wise allocation for climate change-related projects has hardly increased during the last five years despite the country's high vulnerability to climate change, the government's climate bu...

CSE removes contract charge on trade

CSE removes contract charge on trade

FE Report 2018-06-28 10:26:24

The port city's bourse has decided to withdraw the contract charge and restructure the existing commission charge on trade effective from July 1. The Chittagong Stock Exchange (CSE) has reviewed it...

BIMSTEC countries may get common power grid

BIMSTEC countries may get common power grid

Mir Mostafizur Rahaman 2018-06-28 09:56:47

A memorandum of understanding (MoU) for the establishment of a regional power grid interconnection involving seven countries will be nailed down shortly. The deal will be signed in the upcoming summi...

Reckitt Benckiser AGM approves 790pc dividend

Reckitt Benckiser AGM approves 790pc dividend

FE Online Desk 2018-06-27 16:06:11

The 57th annual general meeting (AGM) of Reckitt Benckiser (Bangladesh) Limited was held at Hotel Peninsula in Chattogram on Monday. The AGM approved 790pc cash dividend for the shareholders for th...

Bourses eke out some gains

Bourses eke out some gains

FE Online Report 2018-06-27 15:45:54

Stocks eked out some gains on Wednesday, the penultimate trading day of the week, as investors stopped selling shares amid expectations. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Stocks witness sharp rise at opening

Stocks witness sharp rise at opening

FE Online Report 2018-06-27 11:46:49

Most of the shares on both bourses saw steep rise in early hour of trading on Wednesday as investors are showing their buying appetite on sector-wise stocks. Following the previous two days’ do...

BSEC approves IPO of Kattali Textile

BSEC approves IPO of Kattali Textile

FE Report 2018-06-27 11:31:10

The securities regulator has approved the IPO (initial public offering) proposal of Kattali Textile which will raise a capital worth Tk 340 million. The Bangladesh Securities and Exchange Commissio...

Subscription of ML Dyeing to open July 8

Subscription of ML Dyeing to open July 8

FE Report 2018-06-27 11:15:03

IPO subscription of ML Dyeing Ltd will begin on July 8 which will raise a fund worth Tk 200 million from the capital market. The company's initial public offering (IPO) subscription will be continu...

AIIB seeks to finance two transport sector projects

AIIB seeks to finance two transport sector projects

Munima Sultana 2018-06-27 10:52:35

The Asian Infrastructure Investment Bank (AIIB) has shown interest in financing two projects in the country's transport sector for improving regional connectivity as well as boosting trade and busin...

JS set to pass Finance Bill today

JS set to pass Finance Bill today

FE Report 2018-06-27 10:13:05

The finance bill of proposed budget for the fiscal year, 2018-19, is expected to be passed today (Wednesday), two days ahead of the schedule. The budget will be passed the next day. Finance Minister...

RHD takes ‘unviable’ road project at inflated cost

RHD takes ‘unviable’ road project at inflated cost

FHM Humayan Kabir 2018-06-27 10:05:02

The Roads and Highways Department (RHD) has taken up a road upgradation project at a bloated cost despite its 'unviability', official said on Monday. Project insiders said the RHD itself has shown th...

Stocks end lower again

Stocks end lower again

FE Online Report 2018-06-26 16:01:50

Stocks finished lower for the two consecutive sessions on Tuesday as cautious investors continued to book profit on sector-wise stocks. The market opened on positive note gaining around 18 points w...

Rupali Bank AGM approves 24pc dividend

Rupali Bank AGM approves 24pc dividend

FE Online Desk 2018-06-26 15:37:02

The 32nd Annual General Meeting of Rupali Bank Limited was held at Diploma Engineering Institution, Dhaka on Tuesday. The AGM approved 24 per cent stock dividend for the shareholders. The AGM was pr...

FSIBL holds 19th AGM

FSIBL holds 19th AGM

FE Online Desk 2018-06-26 15:13:23

The 19th Annual General Meeting of First Security Islami Bank Limited was held on Tuesday at Kurmitola Golf Club, Dhaka Cantonment, Dhaka. The meeting was presided over by Mr. Mohammed Abdul Maleque,...

DSE becomes partner of SSE

DSE becomes partner of SSE

FE Report 2018-06-26 12:20:49

Dhaka Stock Exchange (DSE) has become the partner of Sustainable Stock Exchanges Initiative (SSE), a platform organised by United Nations (UN), to promote sustainable investment in the country's sto...

Fund raising by cos through rights shares drops 62pc

Fund raising by cos through rights shares drops 62pc

Babul Barman 2018-06-26 12:15:49

Funds raised by listed companies through issuance of rights fell sharply by 62 per cent in the outgoing Fiscal Year (FY) 2017-18 compared to the previous FY. Three listed firms netted about Tk 3.93 b...

DSE, CSE  meander at opening

DSE, CSE meander at opening

FE Online Report 2018-06-26 11:49:16

Dhaka stocks witnessed positive trend while Chittagong stocks saw negative trend in early hour of trading on Tuesday. Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) ope...

Govt’s debt from bond sales set to fall 13pc

Govt’s debt from bond sales set to fall 13pc

Jasim Uddin Haroon 2018-06-26 10:18:20

The government liabilities, in terms of borrowing through domestic debt securities, are likely to be 13 per cent lower in the next fiscal year (FY) over those of the outgoing fiscal. The domestic deb...

Deposit govt funds with PCBs at rates below 6.0pc: ABB

Deposit govt funds with PCBs at rates below 6.0pc: ABB

FE Report 2018-06-26 09:45:20

Top executives of the private commercial banks (PCBs) have urged the Bangladesh Bank (BB) to ensure depositing the government's fund with their banks at rates below 6.0 per cent for implementing the s...

Stocks retreat after four-day rallies

Stocks retreat after four-day rallies

FE Online Report 2018-06-25 15:38:56

Country’s both bourses slipped back into the red on Monday, breaking a four-day gaining streak, as risk-averse investors sold shares to pocket profits. DSEX, the prime index of the Dhaka Stoc...

Islami Bank approves 10pc cash dividend

Islami Bank approves 10pc cash dividend

FE Online Desk 2018-06-25 13:19:00

Islami Bank Bangladesh Limited has organised its 35th Annual General Meeting (AGM) at Kurmitola Golf Club in the capital. The board of directors in the AGM approved 10 per cent cash dividend and Fina...

AB Bank holds 36th AGM

AB Bank holds 36th AGM

FE Online Desk 2018-06-25 12:34:03

The 36th Annual General Meeting of AB Bank was held on Sunday at International Convention City Bashundhara. The Board of Directors proposed “No Dividends” for the year 2017 which was...

IFIC Bank approves 12pc stock dividend

IFIC Bank approves 12pc stock dividend

FE Online Desk 2018-06-25 11:59:45

IFIC Bank Limited has arranged its 41st Annual General Meeting (AGM) at the Officers’ Club located at Bailey Road in the capital. In presence of shareholders of the bank, the meeting approved t...

Bourses see lower in topsy-turvy trade

Bourses see lower in topsy-turvy trade

FE Online Report 2018-06-25 11:53:45

Stocks demonstrated a topsy-turvy trend in the early hour of trading on Monday as some investors are booking profits on sector-wise stocks. Following the previous four days’ upward movement,...

DSE to de-list ICB AMCL 2nd NRB MF on July 24

DSE to de-list ICB AMCL 2nd NRB MF on July 24

FE Report 2018-06-25 10:38:33

ICB AMCL 2nd NRB Mutual Fund will be de-listed from the stock exchanges on July 24 due to completion of its stipulated 10-year tenure. The ICB AMCL 2nd NRB Mutual Fund (closed-end), managed by ICB As...

China eyes long-term benefit from DSE

China eyes long-term benefit from DSE

Ismail Hossain, from Beijing 2018-06-25 10:35:07

The China consortium faces no pressure for immediate return from their investment in Dhaka Stock Exchange (DSE), a top official of Shenzhen Stock Exchange said. The consortium of Shenzhen-Shanghai bo...

Warning against burdening banks

Warning against burdening banks

FE Report 2018-06-25 09:53:04

The financial sector of Bangladesh has developed a dangerous notion called 'mismatch of maturity', as short-term deposits are used for financing long-term investment here, eminent economist Dr. Rehman...

Philippines reseeks probe report on reserve heist

Philippines reseeks probe report on reserve heist

Syful Islam 2018-06-25 09:42:54

The Philippines government has again requested Bangladesh to forward an investigation report on reserve heist from the Bangladesh Bank's account at the New York Fed, finance ministry sources said. Th...

DSEX exceeds 5,500-mark on buying spree

DSEX exceeds 5,500-mark on buying spree

FE Online Report 2018-06-24 15:44:04

Stocks extended the winning streak for the fourth session on Sunday with the key index of Dhaka Stock Exchange (DSE) crossing the 5,500-mark. DSEX, prime index of the DSE, went up by 80.24 points, or...

Jamuna Bank approves 22pc stock dividend

Jamuna Bank approves 22pc stock dividend

FE Online Desk 2018-06-24 14:57:08

Jamuna Bank Limited has arranged its 17th Annual General Meeting (AMG) at the ABACUS Convention Center located at Eskaton area in the capital. The Shareholders attending the AGM approved 22 per cent...