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The Financial Express

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Four more banks recommend dividends

Four more banks recommend dividends

FE Online Report 2018-05-03 12:03:39

The boards of directors of four more listed banks – City Bank, Rupali Bank, NCC Bank and National Bank – have recommended dividend for the year ended on December 31, 2017, according to sep...

Stocks inch down in topsy-turvy trading

Stocks inch down in topsy-turvy trading

FE Online Report 2018-05-03 11:32:52

Stocks on both bourse inched lower in early hour of trading Thursday as risk-averse investors are selling shares amid ongoing quarterly earnings and dividend declarations. Following the previous sess...

Reckitt Benckiser offers total 790pc cash dividend

Reckitt Benckiser offers total 790pc cash dividend

FE Online Report 2018-05-03 11:26:18

The board of directors of Reckitt Benckiser (BD) has recommended 515 per cent final cash dividend in addition to 275 per cent interim cash dividend which has already been paid. Thus full year divid...

BD receives $1.218b remittance in April

BD receives $1.218b remittance in April

-- 2018-05-02 20:39:15

The country received $1.218 billion as remittance from April 1 to 27 this year. In March, the total inward remittance was $1.299 billion. Bangladesh Bank officials said the data on remittance of thr...

Net FDI in textile sector crosses $400m

Net FDI in textile sector crosses $400m

FE Online Report 2018-05-02 20:14:26

Net inflow of the foreign direct investment (FDI) in the textile dector crossed $400 million in the past year, according to the latest statistics of the central bank. It showed that net FDI in the te...

Stock of FDI stands at $14.55b

Stock of FDI stands at $14.55b

FE Online Report 2018-05-02 20:03:00

Stock of the Foreign Direct Investment (FDI) in the country stood at $14.55 billion by the end of the past year. A statistics, released by the central bank last month, also showed that of the total s...

Bangladesh to enjoy benefit from fund launched by ADB, UK

Bangladesh to enjoy benefit from fund launched by ADB, UK

-- 2018-05-02 16:20:20

The Asian Development Bank (ADB) and the Government of the United Kingdom on Wednesday launched the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited. The fund...

UCB holds 35th AGM

UCB holds 35th AGM

FE Online Desk 2018-05-02 13:23:57

United Commercial Bank Limited (UCB) held its 35th Annual General Meeting recently at Kurmitola Golf Club, Dhaka. Rukhmila Zaman; Chairman of the Bank chaired the AGM which approved 10 per cent cas...

DSE submits revised proposal to BSEC

DSE submits revised proposal to BSEC

FE Report 2018-05-02 09:55:03

Dhaka Stock Exchange (DSE) formally submitted the revised proposal of Chinese consortium, a proposed strategic partner of the premier bourse, to Bangladesh Securities and Exchange Commission (BSEC) Mo...

Cut in corporate tax under consideration: Muhith

Cut in corporate tax under consideration: Muhith

FE Report 2018-05-02 09:50:41

Finance Minister AMA Muhith has dropped a hint about the reduction in corporate tax to some extent, but he did not mention how much relief will be given to the companies. "The reduction in corporat...

UK becomes top FDI source for BD: BB

UK becomes top FDI source for BD: BB

FE Online Report 2018-05-01 13:46:21

Bangladesh received highest Foreign Direct Investment (FDI) from the United Kingdom (UK) in the past year. Statistics released by Bangladesh Bank (BB) last month showed that net inflow of FDI from th...

DSE may get regulatory nod for stake sale next week

DSE may get regulatory nod for stake sale next week

-- 2018-05-01 13:39:25

The Dhaka Stock Exchange (DSE) expects to get regulatory approval for a 25 percent stake sale in the bourse to a Chinese consortium by next week, Managing Director K.A.M. Majedur Rahman said on Tuesda...

Nine more listed cos recommend dividends

Nine more listed cos recommend dividends

FE Report 2018-05-01 09:40:07

The board of directors of nine more listed companies, including three banks, have recommended dividend for the year ended on December 31, 2017. Of them, only three recommended higher dividends than t...

Five more insurance companies offer dividend

Five more insurance companies offer dividend

FE Online Report 2018-04-30 18:21:13

The board of directors of five more insurance companies has recommended dividend for the year ended on December 31, 2017, according to separate official disclosure on Monday. The five companies are I...

DSEX dips below 5,800-mark

DSEX dips below 5,800-mark

FE Online Report 2018-04-30 15:34:12

The prime index of the Dhaka Stock Exchange (DSE) fell below 5,800-mark once again as investors went on panic driven sell-off on major sectors. Market operators said the investors went on selling bin...

Mercantile Bank AGM approves 22pc dividend

Mercantile Bank AGM approves 22pc dividend

FE Online Desk 2018-04-30 14:42:05

The 19th Annual General Meeting of Mercantile Bank Limited was held at FARS Hotel & Resorts, Dhaka Monday, said a statement. A large number of shareholders of the Bank attended the AGM which appr...

Bata Shoe offers 335pc dividend

Bata Shoe offers 335pc dividend

FE Online Report 2018-04-30 12:42:26

The board of directors of Bata Shoe has recommended 105 per cent final cash dividend in addition to 230 per cent interim cash dividend declared earlier and paid in December 2017. Thus making a total...

Three more banks recommend dividend

Three more banks recommend dividend

FE Online Report 2018-04-30 12:32:57

The boards of directors of three more listed banks – Jamuna Bank, Trust Bank, and Dhaka Bank – have recommended dividend for the year ended on December 31, 2017, according to separate of...

Stocks fall amid govt holidays

Stocks fall amid govt holidays

FE Online Report 2018-04-30 11:43:21

The prices of most of the shares witnessed downward trend in early hour of trading Monday, amid the government holidays, as risk-averse investors are selling shares amid ongoing quarterly earnings. F...

Call money rate budges on excess liquidity

Call money rate budges on excess liquidity

Jasim Uddin Haroon 2018-04-30 09:49:13

The call money rate in the local money market took a dip to the lowest level in more than one year on Thursday, the last working day before the weekend, indicating the presence of excess liquidity in...

SEBL recommends 15pc stock dividend

SEBL recommends 15pc stock dividend

FE Online Report 2018-04-29 15:59:06

The board of directors of Southeast Bank Limited (SEBL) has recommended 15 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Sunday. The final approval...

FBCCI for introducing the ATA Carnet

FBCCI for introducing the ATA Carnet

FE Online Report 2018-04-29 15:43:48

In a bid to make the customs procedure more transparent, country’s apex trade body has urged the government to introduce the ATA Carnet system in Bangladesh. The Federation of Bangladesh Cha...

Beach town braces for record tourist turnout

Beach town braces for record tourist turnout

Our Correspondent, Cox's Bazar 2018-04-29 15:40:51

The Cox's Bazar beach town expects a record turnout of tourists during April 27-May 05 that turns out to be virtually a nine-day vacation barring two working days on April 30 and May 03. Local hotel...

IPO subscription of Bashundhara Paper Mills begins April 30

IPO subscription of Bashundhara Paper Mills begins April 30

FE Online Desk 2018-04-29 13:33:12

The IPO subscription of Bashundhara Paper Mills Limited begins April 30 and ends May 9. The company will raise Tk 2.0 billion with a face value of Tk 10 each.  However, the offer price is Tk. 80...

BB seeks info on all bad debts

BB seeks info on all bad debts

-- 2018-04-29 12:30:54

Bangladesh Bank has asked all the banks and other financial institutions of the country to send reports about all the default loans. As per a new circular issued on Thursday, the banks and financial...

MFs’ earnings witness substantial fall

MFs’ earnings witness substantial fall

FE Report 2018-04-29 11:56:28

The earnings of most of the mutual funds declined significantly in January-March quarter of 2018 than that of the same period of previous year mainly due to 'correction' in the capital market. The ea...

Khairul warns against books with 'window dressing'

Khairul warns against books with 'window dressing'

FE Report 2018-04-29 11:52:26

BSEC Chairman Professor M. Khairul Hossain on Saturday advised the merchant bankers to remain cautious in dealing with IPOs (initial public offerings) so that companies producing balance sheets with...

Dhaka-Beijing talks on free trade agreement soon

Dhaka-Beijing talks on free trade agreement soon

Jubair Hasan 2018-04-29 09:59:23

Bangladesh is going to resume negotiations on a free trade agreement (FTA) with China to boost trade with the world's second-largest economy, officials said. As part of the process, a high-powered de...

Faridpur-Kuakata highway to get four lanes

Faridpur-Kuakata highway to get four lanes

-- 2018-04-28 18:26:26

The government plans to upgrade the Faridpur-Kuakata highway to a four-lane in a bid to boost tourism and improve the overall road communication system. The 236.74-kilometre highway from Bhanga of Fa...

First LNG import delivery to enjoy duty waiver

First LNG import delivery to enjoy duty waiver

FE Report 2018-04-28 16:29:50

The first Liquefied Natural Gas (LNG) shipment, which arrived on Tuesday, will enjoy duty-benefit through an undertaking. The importer of LNG will be able to release goods enjoying exemption from th...