Loading...
The Financial Express

Search results for: ban

Meghna Bank holds AGM, declares 6pc stock dividend

Meghna Bank holds AGM, declares 6pc stock dividend

FE Online Desk 2018-06-24 13:21:52

Meghna Bank Limited has recently organised its 5th Annual General Meeting (AGM) at the Le Meridien Dhaka. The board of the directors in the meeting declared 6 per cent stock dividend for the year end...

Stocks open higher on rate cut decision

Stocks open higher on rate cut decision

FE Online Report 2018-06-24 11:51:38

The prices of most of the stocks witnessed steep rise in early hour of trading on Sunday as investors are showing their buying appetite on sector-wise stocks. Brokers said investors continued their b...

Firm selection for subways' feasibility study faces review

Firm selection for subways' feasibility study faces review

Munima Sultana 2018-06-24 11:31:15

A cabinet committee has asked the authority concerned to review the selection of an international contractor for carrying out a feasibility study on subways in the city. Sources said the cabinet comm...

Bashundhara Paper gets listing approval

Bashundhara Paper gets listing approval

FE Report 2018-06-24 10:14:11

Bashundhara Paper Mills has received listing approval from the Dhaka bourse to make its share trading debut. A DSE official said the board of directors of the Dhaka Stock Exchange (DSE) gave listing...

Far East Knitting sees steady growth in last five years

Far East Knitting sees steady growth in last five years

Mohammad Mufazzal 2018-06-24 10:07:20

Far East Knitting & Dyeing Industries (FEKDI) exhibited a steady growth in sales revenue and net profit during last five financial years (FY) from 2012-13 to 2016-17. The company's earnings per s...

News on interest rate cut breathes life into stocks

News on interest rate cut breathes life into stocks

Babul Barman 2018-06-23 13:10:09

Stocks edged higher last week on active participation of both institutional and general investors. Analysts said investors were putting fresh funds in stocks pinning their hopes on the news that the...

United Power now fourth largest market cap co

United Power now fourth largest market cap co

FE Report 2018-06-23 13:02:50

The United Power Generation & Distribution Company Limited witnessed a steady growth in its net profit and emerged the fourth largest market cap listed company. The power generation company's tot...

Outflow of women migrants on rise despite workplace abuse

Outflow of women migrants on rise despite workplace abuse

Arafat Ara 2018-06-23 10:05:36

The number of women workers leaving for Saudi Arabia for jobs has increased in recent months despite the fact that workplace abuse has forced many to return home. A total of 39,578 women migrants wen...

Overcrowding of prisons strains budgetary funds

Overcrowding of prisons strains budgetary funds

Jubair Hasan 2018-06-23 09:50:34

The jail authorities are facing hardship to accommodate an increasing number of inmates, placing strains on its limited budget, officials said. This leads to financial constraints, while making it di...

Agri sector not getting its due in nat'l budget

Agri sector not getting its due in nat'l budget

FE Report 2018-06-23 09:36:21

The country's agriculture sector is witnessing a sluggish growth in recent years and it is inadequate to propel the targeted GDP growth, experts warned at a seminar in the capital on Friday. At the s...

Central bank asks NBFIs to rationalise deposit rates

Central bank asks NBFIs to rationalise deposit rates

Siddique Islam 2018-06-22 11:58:57

The central bank has asked the non-banking financial institutions (NBFIs) to fix the interest rates on deposits at reasonable level for ensuring stability in the country's financial sector. The advic...

BSEC forms body to probe 'unusual' price hike of stocks

BSEC forms body to probe 'unusual' price hike of stocks

FE Report 2018-06-22 11:58:15

The securities regulator has formed an one-member enquiry committee to probe into the 'unusual' and 'suspicious' transactions conducted by Commerce Bank Securities and Investment Limited. The committ...

Delta Life approves 25pc cash div

Delta Life approves 25pc cash div

-- 2018-06-22 11:51:19

The 32nd annual general meeting (AGM) of Delta Life Insurance Company Limited on Thursday approved 25 per cent cash dividend for each share of Tk 10 each for the year 2017. Chairman of the board of...

Zaheen Spinning's rights subscription to begin July 29

Zaheen Spinning's rights subscription to begin July 29

FE Report 2018-06-22 11:40:28

The subscription to rights shares of Zaheen Spinning Limited will open on July 29 and will continue till August 26. The company will raise a capital worth Tk 985.52 million issuing 98.55 million ri...

BD for greater connectivity with India

BD for greater connectivity with India

-- 2018-06-21 18:40:08

Bangladesh High Commissioner to India Syed Muazzem Ali said Thursday that Bangladesh and India should co-operate in connectivity for the mutual benefit. "Connectivity offers a game-changing opportuni...

ECNEC okays e-passport project, 14 others

ECNEC okays e-passport project, 14 others

FE Online Report   2018-06-21 18:16:33

The Executive Committee of the National Economic Council (ECNEC) Thursday approved a project to make around 30 million e-passports to keep pace with other countries. The approval for the Tk 46.36 b...

DSE turnover hits seven-month high

DSE turnover hits seven-month high

FE Online Report 2018-06-21 15:58:50

Turnover value on the Dhaka Stock Exchange (DSE) hit a fresh seven months high Thursday, powered by investors’ buying spree mostly on large-cap stocks. Daily turnover value soared to Tk 8.58...

Bata approves 335pc cash dividend

Bata approves 335pc cash dividend

FE Online Desk 2018-06-21 14:19:37

Bata Shoe Company (Bangladesh) Limited has organised its 46th Annual General Meeting (AGM) at its Tongi Factory Premises in Gazipur. The board also approved the final dividend of 105 per cent and i...

FAS Finance approves 10pc stock dividend

FAS Finance approves 10pc stock dividend

FE Online Desk 2018-06-21 12:39:23

FAS Finance & Investment Limited has recently organised its 21st Annual General Meeting (AGM) at RAOWA Convention Hall, located in Mohakhali area of the capital. The board of directors in the mee...

Stocks wobble at opening

Stocks wobble at opening

FE Online Report 2018-06-21 11:56:10

The prices of most of the stocks witnessed sharp rise in early hour of trading Thursday as investors are showing buying appetite on sector-wise stocks. Brokers said the investors showing their buyi...

Monno Stafflers to increase authorised capital

Monno Stafflers to increase authorised capital

FE Report 2018-06-21 10:54:48

The board of directors of Monno Jute Stafflers Limited has decided to increase the company's authorised capital to Tk 1.0 billion from existing Tk 10 million. In this regard, the company will amend...

ADP execution rate lower

ADP execution rate lower

FHM Humayan Kabir 2018-06-21 09:59:55

The government spent almost 63 per cent of the Annual Development Programme (ADP) allocations in the 11 months to May of fiscal year (FY) 2017-18. Planning Commission officials said the rate of the d...

New partnership to bridge revenue data gap

New partnership to bridge revenue data gap

Doulot Akter Mala 2018-06-21 09:53:07

The tax authorities are going to establish an institutional partnership for addressing the discrepancy in revenue collection data by the board and Controller General of Accounts (CGA) office. Recentl...

WB provides $50m to develop housing for slum dwellers

WB provides $50m to develop housing for slum dwellers

-- 2018-06-20 19:55:06

The World Bank has provided US$ 50 million to help develop standard housing facilities for the lower income people. Finance Minister Abul Maal Abdul Muhith came up with the statement while replying t...

'9.9 million new workforce by 2020'

'9.9 million new workforce by 2020'

-- 2018-06-20 17:56:56

About 9.9 million new workforce would be added to the country’s manpower sector by 2020 as planned in the 7th Five Year Plan. Prime Minister Sheikh Hasina came up with the statement while reply...

Stocks extend winning streak for second day

Stocks extend winning streak for second day

FE Online Report 2018-06-20 15:21:23

Stocks ended higher on Wednesday amid rising turnover value as optimistic investors showed their buying appetite on sector-wise stocks. DSEX, prime index of Dhaka Stock Exchange (DSE), settled at 5,3...

Bourses open optimistic

Bourses open optimistic

FE Online Report 2018-06-20 12:38:18

Dhaka and Chittagong bourses witnessed an upward trend in the early hour of trading on Wednesday as investors are showing buying appetite on sector-wise stocks. Following the previous day’s mar...

36 cos to hold AGMs this month

36 cos to hold AGMs this month

FE Report 2018-06-20 11:25:14

Some 36 listed companies, including 12 banks, will hold annual general meetings (AGMs) during the period from June 20 to June 30. Recommended dividends and audited financial statements of these compa...

Asia Insurance disburses dividend

Asia Insurance disburses dividend

-- 2018-06-20 10:33:56

Asia Insurance Limited will distribute the cash dividend warrants to the shareholders between 10:30 am to 5:00 pm from July 03 to July 05 for the year 2017 from the share department of the company's h...

Planning minister hopes 10pc growth by 2029

Planning minister hopes 10pc growth by 2029

-- 2018-06-19 21:45:23

Planning Minister AHM Mostafa Kamal hopes Bangladesh will be able to attain 10 per cent economic growth by 2028-29, after implementation of mega projects. “No one can stop the country from atta...