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The Financial Express

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Stocks rebound after volatile trading

Stocks rebound after volatile trading

FE Online Report 2018-03-06 15:26:06

Stocks return to green on Tuesday, after single-day break, as some investors went on late hours buying spree on Grameenphone (GP). Market operators said the stocks rebounded after previous day&rsqu...

Edison Power, Hera Sweaters ink deal

Edison Power, Hera Sweaters ink deal

FE Online Desk 2018-03-06 13:16:46

An agreement signing ceremony between Edison Power Bangladesh Ltd (EPBL) and Hera Sweaters Limited (HSL) was held recently at Edison Group Head Office, Tejgaon Industrial Area for procurement of Bus B...

IFC proposes $40m investment in IDLC Finance

IFC proposes $40m investment in IDLC Finance

FE Online Desk 2018-03-06 12:37:04

The International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to provide up to $40 million in senior financing in IDLC Finance Ltd (IDLC), the largest non-b...

BATBC recommends 600pc dividend

BATBC recommends 600pc dividend

FE Online Report 2018-03-06 11:37:02

British American Tobacco Bangladesh Company (BATBC) has recommended 600 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Tuesday. The final approval of t...

Sluggish turnover dilutes govt earning from DSE

Sluggish turnover dilutes govt earning from DSE

Babul Barman 2018-03-06 10:12:55

The government revenue collection from the Dhaka Stock Exchange (DSE) marked a 35 per cent decline month-on-month in February in lockstep with falling turnover. The government bagged tax worth Tk 120...

Deposit rates in reverse course as liquidity problem deepens

Deposit rates in reverse course as liquidity problem deepens

Siddique Islam 2018-03-06 09:35:22

The interest rate on term deposits has reached double digit after about a couple of years as the banks are now out of comfort zone, as far as their liquidity position is concerned. The overall depo...

BEZA gets $17b investment commitment in 7 months

BEZA gets $17b investment commitment in 7 months

-- 2018-03-05 19:56:17

The Bangladesh Economic Zones Authority (BEZA) received investment commitment of $17 billion, including $8 billion as FDI, in last seven months. Executive Chairman of(BEZA) Paban Chowdhury came up wi...

Bangladesh, Vietnam to tap bilateral potentials for economy

Bangladesh, Vietnam to tap bilateral potentials for economy

-- 2018-03-05 18:38:00

Bangladesh and Vietnam agreed to explore the potentials of the geographical location, natural resources and prospective labour market of the two countries for mutual benefits.     Pres...

Thrust on stronger credit risk management

Thrust on stronger credit risk management

FE Online Report 2018-03-05 18:07:00

Experts have called for a stronger Credit Risk Management (CRM) aimed at reducing credit risks of the country's banking system by nearly 88 per cent. Moreover, an efficient risk management system c...

Kuwait imposes ban on recruiting Bangladeshi workers again

Kuwait imposes ban on recruiting Bangladeshi workers again

-- 2018-03-05 16:50:51

Kuwait has reinstated a ban on recruiting Bangladeshi workers following reports of some irregularities in recruitment and involvement in illegal activities. The northern Arabian Gulf state's Interior...

Stocks break four-day gaining streak

Stocks break four-day gaining streak

FE Online Report 2018-03-05 15:30:36

Stocks slipped into the red on Monday, snapping a four-day gaining streak, as investors preferred to book quick-gain on their investment over the recent price surge. Following the previous four day...

Share price of Savar Refractories soaring sans PSI

Share price of Savar Refractories soaring sans PSI

-- 2018-03-05 10:58:23

Share price of Savar Refractories is soaring without any price sensitive information (PSI). The company's price surged further by 8.17 per cent on Sunday. In the last five trading days, the Z-catego...

Banking system 'trails economic growth pace'

Banking system 'trails economic growth pace'

FE Report 2018-03-05 10:03:49

Bangladesh's banking system, especially the central bank, falls behind the country's growth, creating a mismatch, says an expert. "If you look at the major indicators of Bangladesh's economy, includi...

Chinese consortium agrees to go by binding BD rules

Chinese consortium agrees to go by binding BD rules

Mohammad Mufazzal 2018-03-05 09:38:05

The bid-winning Chinese consortium agreed to exclude and relax their conditions set to be strategic partner of Dhaka Stock Exchange (DSE), trying to address a few issues. Having received consent fr...

Case against RCBC by April this year

Case against RCBC by April this year

FE Report 2018-03-05 09:08:13

Finance Minister AMA Muhith unveiled Sunday a government plan to sue Rizal Commercial Banking Corporation (RCBC) of the Philippines by April to recover the reserves stolen through cyber-heist. He s...

Bangladesh to seek Vietnam investment in economic zones

Bangladesh to seek Vietnam investment in economic zones

-- 2018-03-04 21:55:33

Bangladesh will focus on attracting investments in its special economic zones during talks with Vietnam's businesspeople accompanying visiting Vietnamese President Tran Dai Quang. Vietnamese Presiden...

Stocks start week on positive note

Stocks start week on positive note

FE Online Report 2018-03-04 18:06:34

Stocks extended gaining spell for fourth straight sessions on Sunday in a row as a section of investors continued their buying appetite on sector-wise stocks. Brokers witnessed yet another positive s...

CAPM IBBL Islamic MF to make debut Monday

CAPM IBBL Islamic MF to make debut Monday

FE Online Report 2018-03-04 17:24:06

Trading of units of CAPM IBBL Islamic Mutual Fund, a closed-ended mutual fund will commence on Monday under “A” category, officials said. Public subscription of the CAPM IBBL Islamic Mutu...

Sales of VIPB Growth Fund unit to begin Mar 11

Sales of VIPB Growth Fund unit to begin Mar 11

FE Online Report 2018-03-04 15:06:56

The sales of the units of VIPB Growth Fund, an open-end mutual fund, will begin from March 11, aiming to raise Tk 180 million. The sales of units of the fund will continue for next 45 working days....

DSEX exceeds 5,900-mark in early trading

DSEX exceeds 5,900-mark in early trading

FE Online Report 2018-03-04 11:18:14

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading on Sunday as investors are active on sector-wise stocks. Following the previous week’s marginal...

Vibrant private sector behind dev success, says Muhith

Vibrant private sector behind dev success, says Muhith

FE Report 2018-03-04 11:16:12

A vibrant private sector bears the real secrets of Bangladesh's development success in recent years, said Finance Minister AMA Muhith, sounding upbeat about the country's capability of graduating. "T...

Bhola in sight as potential natural gas 'hotspot'

Bhola in sight as potential natural gas 'hotspot'

FE Report 2018-03-04 10:16:52

Speakers at a seminar expressed their reservation about both estimate of gas reserve and the rate of its depletion in the country. They found the reserve underestimated and the rate of depletion ov...

Nine companies' share price below face value

Nine companies' share price below face value

FE Report 2018-03-04 10:05:49

The share prices of nine listed companies presently are being traded below their face value of Tk 10. Of the companies, two are in 'A' category, while two are in 'B' category and five in 'Z' catego...

NBR plans to adopt trader-friendly fiscal policy: Chairman

NBR plans to adopt trader-friendly fiscal policy: Chairman

-- 2018-03-03 20:25:56

The National Board of Revenue (NBR) plans to adopt a trader-friendly fiscal policy in the upcoming budget so that the businesspeople can submit revenues in a proper way. NBR Chairman Md Mosharraf Hos...

Weekly analysis: Stocks extend losses amid liquidity crunch

Weekly analysis: Stocks extend losses amid liquidity crunch

Babul Barman 2018-03-03 09:48:07

Stocks extended the losing spell for the second consecutive week as beleaguered investors continued their sell-offs on sector-wise stocks. Brokers said the market extended losses as the institutional...

Preparation underway to get back funds laundered abroad

Preparation underway to get back funds laundered abroad

Syful Islam 2018-03-03 00:27:10

The government moves to make mechanisms to bring back huge money siphoned off the country through various conduits, including false trade declarations. Officials said an inter-agency taskforce, which...

Picard inks MoU with CRP

Picard inks MoU with CRP

-- 2018-03-03 00:18:29

As part of the "Beyond Compliance" initiative of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB), Picard Bangladesh Ltd signed a Memorandum of Understanding...

Bangladesh to push for opening bank branches early in Saudi Arabia

Bangladesh to push for opening bank branches early in Saudi Arabia

Mehdi Musharraf Bhuiyan 2018-03-03 00:00:00

Bangladesh would push for opening its own bank branches in Saudi Arabia at an upcoming negotiation, aiming to net remittances and funds from expatriates. Officials concerned said the latest bid for o...

One-stop investment service from June to streamline business operations

One-stop investment service from June to streamline business operations

-- 2018-03-02 18:00:27

Investors often complain about cumbersome service procedures and unnecessary delays in carrying out business activities in Bangladesh.  It so happens largely because of current multi-stop servic...

Monno Ceramic tops DSE turnover chart

Monno Ceramic tops DSE turnover chart

FE Report 2018-03-02 11:32:39

Ten top-traded companies captured more than 20 per cent of transactions on the country's premier bourse on Thursday, with Monno Ceramic Industries making its way to the top of the turnover list. Br...