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The Financial Express

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Eastland Insurance recommends 15pc dividend

Eastland Insurance recommends 15pc dividend

FE Online Report 2018-04-22 11:17:08

The board of directors of Eastland Insurance Company Limited has recommended 7.50 per cent cash and 7.50 per cent stock dividend for the year ended on December 31, 2017. The final approval of the div...

Modern Steel holds IPO road show today

Modern Steel holds IPO road show today

FE Report 2018-04-22 10:11:52

Modern Steel Mills Limited holds the IPO (initial public offering) road show today (Sunday) for the eligible institutional investors. The company will hold the road show as part of going public under...

Number of tax payers hasn't increased: NBR chief

Number of tax payers hasn't increased: NBR chief

-- 2018-04-21 20:25:44

The number of tax payers has not increased though the Gross Domestic Product (GDP) has increased in recent time. National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiya made the remarks on...

Women entrepreneurs leading SME business

Women entrepreneurs leading SME business

-- 2018-04-21 16:09:27

Women entrepreneurs are leading the country’s small and medium-sized enterprise (SME) business, overcoming various obstacles in the male-dominated society. Their participation in the SME fairs...

Inflow of FDI slows in July-February

Inflow of FDI slows in July-February

FE Online Report 2018-04-21 14:31:21

Inflows of foreign direct investment (FDI) have slowed in the first eight months of the current fiscal year. Latest statistics, released by the central bank, showed that the net inflow of FDI registe...

Import-GDP ratio to increase this fiscal year

Import-GDP ratio to increase this fiscal year

FE Online Report 2018-04-21 13:45:27

The country is expected to see an increase in its ratio of the imports of goods and services to the Gross Domestic Product (GDP) in current fiscal year 2018. The ratio may stand at 22.34 per cent as...

Weekly analysis: DSE witnesses mixed trends

Weekly analysis: DSE witnesses mixed trends

FE Report 2018-04-21 09:15:30

The Dhaka bourse performed mixed in last week as many investors were busy with 'rebalancing' their portfolio following the declarations of dividend and first quarter earnings. The premier bourse, how...

GP holds AGM, approves 100pc dividend

GP holds AGM, approves 100pc dividend

FE Online Desk 2018-04-20 12:26:52

Grameenphone (GP) Limited has organised its 21st Annual General Meeting (AGM) at the International Convention City Bashundhara (ICCB) in the capital. The board of directors approved 100 per cent c...

Top 10-traded stocks capture 40pc turnover

Top 10-traded stocks capture 40pc turnover

FE Report 2018-04-20 10:47:33

Top 10-traded stocks Thursday captured 40.4 per cent of the turnover featured by Dhaka Stock Exchange (DSE). On the day, the premier bourse featured a turnover of above Tk 5.77 billion. Beximco to...

Central bank tightens monitoring as demand for greenback grows

Central bank tightens monitoring as demand for greenback grows

Siddique Islam 2018-04-20 10:46:29

The Bangladesh Bank (BB) has intensified its monitoring and supervision to gauge the real situation in the country's foreign-exchange market through scrutinising banks' statements. Under the latest m...

CSE holds meeting to increase turnover

CSE holds meeting to increase turnover

FE Report 2018-04-20 10:45:08

The management of Chittagong Stock Exchange (CSE) held a meeting with their TREC (Trading Right Entitlement Certificate) holders on Thursday to discuss different issues including possible way of inc...

DBH approves 30pc cash dividend

DBH approves 30pc cash dividend

-- 2018-04-20 10:40:20

Chairman of Delta Brac Housing Finance Corporation Ltd (DBH) Nasir A Choudhury presiding over the 22nd annual general meeting (AGM) of the company in the city on Thursday which was attended by Q. M. S...

PM for collaboration outside geographical positioning to harness blue economy

PM for collaboration outside geographical positioning to harness blue economy

-- 2018-04-19 22:28:28

Prime Minister Sheikh Hasina on Thursday said countries need to collaborate with countries of other regions for capacity-building, technology sharing, research and to harness blue economy. "As the id...

USA export earnings mark 1.62pc growth in July-February

USA export earnings mark 1.62pc growth in July-February

-- 2018-04-19 17:09:59

Export earnings from the USA, one of Bangladesh's key destinations, witnessed 1.62 per cent growth in the first eight months (July-February) of the current fiscal (FY18) compared to the corresponding...

GSK holds AGM, approves 550pc dividend

GSK holds AGM, approves 550pc dividend

FE Online Desk 2018-04-19 16:03:55

The GlaxoSmithKline (GSK) Bangladesh Limited has organised its 45th Annual General Meeting (AGM) at the Hotel Radisson Blu Chittagong. The board also approved the declaration of final cash dividend...

BD Finance recommends 10pc dividend

BD Finance recommends 10pc dividend

FE Online Desk 2018-04-19 12:30:25

The board of directors of Bangladesh Finance and Investment Company Limited (BD Finance) has recommended 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of th...

DSEX gets 32 point at opening

DSEX gets 32 point at opening

FE Online Report 2018-04-19 11:46:15

The prices of most of the shares on both bourses saw positive trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues. Following the previous days&rs...

BD among countries to gain most from BRI project

BD among countries to gain most from BRI project

-- 2018-04-19 11:37:42

Bangladesh, Malaysia, and Pakistan are expected to be the biggest beneficiaries of the China-led US$1.5 trillion Belt and Road Initiative (BRI), according to a Nomura Group report. The report also hi...

BB asks BIAC, ABB to draft guideline on NPL recovery

BB asks BIAC, ABB to draft guideline on NPL recovery

FE Report 2018-04-19 10:16:35

Bangladesh Bank (BB) has recently moved to formulate a guideline for realisation of non-performing loans (NPLs) in the banking sector and make amendment to relevant laws. During a recent tripartite m...

30 missions successfully achieve July-Feb export targets

30 missions successfully achieve July-Feb export targets

-- 2018-04-18 17:55:41

Around 30 Bangladesh missions abroad out of 57 have successfully achieved their respective export targets in the first eight months (July-February) period of the current fiscal (FY18). The key Bangla...

Dhaka bourse edges up at opening

Dhaka bourse edges up at opening

FE Online Report 2018-04-18 12:12:28

The Dhaka Stock Exchange (DSE) displayed volatility from the opening of Wednesday’s session following mixed performance displayed by major sectors. The market opened positively but soon later...

BD eyes settlement in US cyber heist suit ahead of its own case

BD eyes settlement in US cyber heist suit ahead of its own case

-- 2018-04-17 17:12:53

NEW YORK, Apr 16 (Reuters): An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central bank's planned...

Govt turns banking sector into an orphan: CPD

Govt turns banking sector into an orphan: CPD

FE Online Report 2018-04-17 15:11:16

Private think-tank Centre for Policy Dialogue (CPD) has termed the country's banking sector as an 'orphan' due to continual abuse of the government. While presenting the budget recommendations for Fi...

DSE begins session on positive note

DSE begins session on positive note

FE Online Report 2018-04-17 12:24:28

The Dhaka bourse witnessed upward trend on Tuesday following investors’ increased participation. DSEX, the broad index of Dhaka Stock Exchange (DSE), crossed 5800-point mark in the early tradin...

No new company qualifies for DSEX

No new company qualifies for DSEX

FE Report 2018-04-17 10:32:42

None of the newly listed companies could fulfil the required criteria for being included in the broad index of Dhaka Stock Exchange (DSE) during the period from December last year to February this y...

BB asks banks to bring down lending rates to single digit

BB asks banks to bring down lending rates to single digit

Siddique Islam 2018-04-17 09:37:44

The central bank of Bangladesh has asked the banks to take effective measures to bring down the interest rate on lending to single digit from the existing level as soon as possible. The advice was ma...

NBR may trim tax revenue collection target by Tk 300b

NBR may trim tax revenue collection target by Tk 300b

FE Report 2018-04-17 09:31:25

The aggregate tax revenue collection target may be trimmed by up to Tk 300 billion in the current fiscal year (FY) following a large amount of shortfall of the ambitious target, said the revenue board...

NBR receives Tk 3.88b arrear income tax '

NBR receives Tk 3.88b arrear income tax '

Doulot Akter Mala 2018-04-16 17:09:17

Field-level income tax and Value Added Tax (VAT) offices across the country observed 'Halkhata' festival on Sunday, and realised a significant amount of arrear tax from the taxpayers. According to a...

PM gives nod to $2.67b Chinese loan

PM gives nod to $2.67b Chinese loan

Munima Sultana 2018-04-16 17:01:20

All the formalities have been completed to get the highest amount of loan worth US$ 2.67 billion from China for Padma rail link project with the Prime Minister's seal of approval on Sunday. Sources s...

DSE slips amid volatile trading

DSE slips amid volatile trading

FE Online Report 2018-04-16 13:09:38

The Dhaka bourse opened negatively on Monday and witnessed volatile trading as major sectors were in correction mood. Of the major sectors, bank, financial institutions, pharmaceuticals and chemicals...