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The Financial Express

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Bank Asia recommends 12.50pc stock dividend

Bank Asia recommends 12.50pc stock dividend

FE Online Report 2018-04-09 11:20:45

The board of directors of Bank Asia Limited has recommended 12.50 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the annual gener...

Continental Insurance recommends 10pc dividend

Continental Insurance recommends 10pc dividend

FE Online Report 2018-04-09 11:18:58

The board of directors Continental Insurance Limited has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Monday....

Book on stock mkt launched

Book on stock mkt launched

FE Online Desk 2018-04-09 11:07:01

 A new book titled 'Be Your Own Boss' was unveiled recently in the Cosmopolitan Club of Baridhara. The book on stock market business, authored by Mizan Rahman was published from Aloghor Prokasho...

Raise savings tools’ investment ceiling

Raise savings tools’ investment ceiling

FE Report 2018-04-09 10:28:39

Government secretaries have requested the finance minister to raise the ceiling on investment in savings tools to help them during their old age, sources said. They made the request at a pre-budget d...

New move to conduct seismic survey in offshore blocks

New move to conduct seismic survey in offshore blocks

M Azizur Rahman 2018-04-09 09:43:15

The government has moved afresh to carry out seismic survey in offshore blocks to acquire data on hydrocarbon deposits to chalk out future steps for ensuring the country's energy security. State-run...

Lending rate will drop to single digit soon, economists hope

Lending rate will drop to single digit soon, economists hope

-- 2018-04-08 18:40:48

Economists said interest rate should come down to single digit soon as the recent downward adjustment of cash reserve requirement (CRR) and the  decision to keep 50 per cent of state agencies&rsq...

ACI’s subsidiary to make household plastic products

ACI’s subsidiary to make household plastic products

FE Online Report 2018-04-08 18:18:35

Premiaflex Plastics, a subsidiary of ACI Limited, will manufacture and market household plastic products including furniture and other allied plastic articles. “The board of directors of ACI Li...

Hotel and restaurant sector set to post higher growth

Hotel and restaurant sector set to post higher growth

FE Online Report 2018-04-08 16:49:52

Country’s hotel and restaurant sector is going to post higher growth in the ongoing fiscal year. Provisional estimation of the national income, released by the Bangladesh Bureau of Statistics (...

DSE turnover exceeds Tk 6.0 billion-mark

DSE turnover exceeds Tk 6.0 billion-mark

FE Online Report 2018-04-08 16:46:08

Stocks edged higher on Sunday with turnover on the major bourse crossing Tk 6.0 billion-mark after nearly two months as optimistic investors showed their buying appetite on sector-wise stocks. Market...

ICB to issue bond worth Tk 20 billion

ICB to issue bond worth Tk 20 billion

FE Online Report 2018-04-08 15:46:56

The Investment Corporation of Bangladesh (ICB), which is one of the largest investors in the capital market, has decided to issue a subordinated bond worth Tk 20 billion. “The board of director...

BB suggests encouraging Sukuk in capital market

BB suggests encouraging Sukuk in capital market

FE Online Report 2018-04-08 14:45:37

Bangladesh Bank has suggested encouraging Islamic Shariah compliant investment certificate Sukuk in the capital market. The central bank made the suggestion in its latest quarterly report on ‘...

City Insurance recommends 10pc dividend

City Insurance recommends 10pc dividend

FE Online Report 2018-04-08 13:47:02

The board of directors of City General Insurance Company Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Sunday. The final a...

Uttara Finance recommends 30pc cash dividend

Uttara Finance recommends 30pc cash dividend

FE Online Report 2018-04-08 12:09:38

The board of directors of Uttara Finance & Investments Limited has recommended 30 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come duri...

Bay Leasing recommends 15pc dividend

Bay Leasing recommends 15pc dividend

FE Online Report 2018-04-08 11:59:48

The board of directors of Bay Leasing & Investment Limited has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on...

Premier Leasing recommends 10pc dividend

Premier Leasing recommends 10pc dividend

FE Online Report 2018-04-08 11:10:42

The board of directors of Premier Leasing & Finance has recommended 5 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend wil...

Trustee seeks regulator's view to decide MF's fate

Trustee seeks regulator's view to decide MF's fate

FE Report 2018-04-08 10:50:52

The trustee of Grameen One: Scheme Two, a closed-end mutual fund (MF), has sought regulatory opinion to decide their position regarding continuation, or liquidation, or conversion of the fund. The mo...

Shortfall forces NBR to consider trimming tax collection target

Shortfall forces NBR to consider trimming tax collection target

Doulot Akter Mala 2018-04-08 09:43:55

The government is considering chopping its tax revenue collection target by nearly Tk 280 billion after the receipt dropped in the seven months to February. The National Board of Revenue's tax collec...

'Diversification in local businesses creating better future for economy'

'Diversification in local businesses creating better future for economy'

-- 2018-04-07 18:49:51

Next decade for Bangladesh economy looks bright as diversification in local businesses beyond the RMG sector is shaping the country for a better future. Bangladesh Bank's Chief Economist Faisal Ahmed...

Current yield rates on savings certificates to stay: NBR chief

Current yield rates on savings certificates to stay: NBR chief

FE Online Report 2018-04-07 12:24:57

The government has no plan to cut yield rates on state-owned savings certificates, said National Board of Revenue (NBR) chairman Mosharraf Hossain Bhuiyan on Saturday. Despite the interest payments b...

Six cos recommend dividends last week

Six cos recommend dividends last week

FE Report 2018-04-07 10:39:19

Six more listed companies, including three banks, recommended dividend last week ranging between 10 per cent and 30 per cent for the year ended on December 31, 2017. The companies are: Premier Bank...

Core index sees biggest single-week gain since 2013 on Dhaka bourse

Core index sees biggest single-week gain since 2013 on Dhaka bourse

Babul Barman 2018-04-07 10:16:57

The prime index of the Dhaka Stock Exchange (DSE) soared 4.35 per cent last week, the biggest single-week gain since its inception in January 2013. Market operators said the enthusiastic investors sh...

Project aid allocation worth Tk 600b likely

Project aid allocation worth Tk 600b likely

FHM Humayan Kabir 2018-04-07 09:27:11

The government is likely to earmark more than Tk 600 billion as project aid in the development budget for the next financial year (FY) 2018-19, up 16 per cent from the outlay for the current FY, offic...

Stunning success in using Japanese aid

Stunning success in using Japanese aid

Syful Islam 2018-04-07 00:08:34

Bangladesh achieved considerable progress in utilising Japan's aid loan in the Japanese financial year ending in March, data shows. The disbursement of overseas development assistance loan from JICA...

Remittance inflow jumps by 17.04pc in nine months

Remittance inflow jumps by 17.04pc in nine months

-- 2018-04-06 19:38:39

Remittance inflow in the first nine months rose by 17.04 per cent to that of the corresponding period of the previous fiscal. As per Bangladesh Bank (BB) data, expatriate Bangladeshis sent US $10,761...

Secondary trading of t-bills, bonds declines in February

Secondary trading of t-bills, bonds declines in February

FE Online Report 2018-04-06 13:02:08

Secondary trading of the treasury bills and bonds declined in February, according to the latest statistics of the central bank. In terms of the turnover volume, it was down by 55 million to Tk 5.56 b...

Indo-Bangla Pharma IPO process hinges on court

Indo-Bangla Pharma IPO process hinges on court

FE Report 2018-04-06 11:48:28

The subscription to the IPO (initial public offering) of Indo-Bangla Pharmaceuticals Limited, which was supposed to start from Sunday, will remain suspended until resolution of a stay order on the p...

Intraco Refueling Station to hold IPO lottery Apr 17

Intraco Refueling Station to hold IPO lottery Apr 17

FE Report 2018-04-06 11:45:39

The initial public offering (IPO) lottery of Intraco Refueling Station will be held on April 17 to allocate 30 million ordinary shares among the successful applicants, officials said. The lottery p...

ADB launches new procurement policy

ADB launches new procurement policy

FE Report 2018-04-06 11:10:33

The government and the Asian Development Bank (ADB) have reviewed the implementation status and readiness of the lender's assisted projects in Bangladesh to further improve development results. The A...

Emphasis on flexible tax policy to entice FDI

Emphasis on flexible tax policy to entice FDI

FE Online Report 2018-04-05 20:26:40

The country’s investment promotion authorities urged the government’s revenue authority to adopt a more flexible tax policy to woo more foreign direct investment (FDI). The suggestions...

Stocks end week on high note

Stocks end week on high note

FE Online Report 2018-04-05 15:42:33

Stocks finished the week’s last session on a positive note Thursday as optimistic investors went on late hours buying spree on sector-wise issues. Market insiders said the bourse ended higher a...