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The Financial Express

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Stocks open with positive note

Stocks open with positive note

FE Online Report 2018-01-17 11:23:03

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as optimistic investors are active on sector-specific issues. Following the previous day&r...

Intraco Refueling gets BSEC approval to go public

Intraco Refueling gets BSEC approval to go public

FE Report 2018-01-17 09:58:58

The securities regulator Tuesday approved the IPO (initial public offering) proposal of Intraco Refueling Station which will raise a capital worth Tk 300 million under fixed price method. The company...

LPG demand to reach 3.0m tonnes by 2025

LPG demand to reach 3.0m tonnes by 2025

FE Online Report 2018-01-17 09:34:47

World LPG Association (WLPGA) sees Bangladesh as one of the fastest-growing LPG markets across world and predicted that demand for the fuel might reach upto 3.0 million tonnes by 2025. WLPGA director...

Thrust on BD to make excellent SDG progress

Thrust on BD to make excellent SDG progress

-- 2018-01-17 09:16:15

Bangladesh, following its outstanding progress made earlier on the key millennium development goals (MDGs), can make similar progress in line with the sustainable development goals (SDGs). Mission Di...

Stocks subdued amid low turnover

Stocks subdued amid low turnover

FE Online Report 2018-01-17 03:20:24

Stocks returned to the red on Wednesday, after one-day break as cautious investors reluctant to make fresh investment ahead of monetary policy announcement. Dealers said the market subdued as investo...

Western Marine, Dragon Sweater earnings jump

Western Marine, Dragon Sweater earnings jump

FE Report 2018-01-16 12:08:52

Western Marine Shipyard and Dragon Sweater and Spinning have reported higher earnings for the period of October-December, 2017 compared to the same period of the previous year. According to un-audite...

Mauritius to hire more Bangladeshi workers

Mauritius to hire more Bangladeshi workers

FE Report 2018-01-16 12:00:00

Satisfied with the performance of Bangladeshi migrants, Mauritius said it would hire more workers from Bangladesh in different sectors. A memorandum of understanding (MoU) will be signed between the...

Amended bank law allows four family members on board

Amended bank law allows four family members on board

-- 2018-01-16 12:00:00

Four members of a family instead of existing two now can be inducted in the board of directors of a bank at a time. The parliament on Tuesday approved the Bank Company (Amendment) Bill 2018, keeping...

The cos get BB approval

The cos get BB approval

FE Report 2018-01-16 11:58:32

The Bangladesh Bank (BB) has approved the proposal of transferring 99.99 per cent shares of Meghna Energy Limited to Heidelberg Cement Bangladesh for a total consideration of above Tk 910.75 million...

Bourses see sharp fall in early trading

Bourses see sharp fall in early trading

FE Online Report 2018-01-16 11:43:21

Stocks on both bourses witnessed downward trend in early hour of trading Tuesday amid thin participation as risk-averse investors reluctant to make fresh investment ahead of monetary policy announce...

GP, Square Pharma grab 17pc turnover

GP, Square Pharma grab 17pc turnover

FE Report 2018-01-16 10:47:14

The largest market-cap listed company - Grameenphone (GP) topped the Dhaka bourse's transaction chart Monday while top 10 traded companies accounted for 34 per cent of the total turnover. Dealers s...

Advent Pharma's IPO subscription to begin Feb 11

Advent Pharma's IPO subscription to begin Feb 11

FE Report 2018-01-16 10:41:42

The initial public offering (IPO) subscription of Advent Pharma is set to begin on February 11 which will raise a fund worth Tk 200 million from the public. IPO subscription of eligible investors t...

Revenue growth may remain well below the target

Revenue growth may remain well below the target

Doulot Akter Mala 2018-01-16 09:34:29

Growth in this fiscal's government tax-revenue collection may decline substantially, economists predict, as the first-half receipts fell short of target by Tk 126.21 billion. They read a reflection o...

DSE, CSE rebound strongly

DSE, CSE rebound strongly

FE Online Report 2018-01-16 03:29:53

Stocks rebounded strongly on Tuesday, snapping two-day losing streak as optimistic investors went on buying spree, especially banking sector issues. Brokers said the market returned to higher as in...

Fortune Shoes now in “A” category

Fortune Shoes now in “A” category

FE Online Report 2018-01-15 12:02:19

Fortune Shoes will be placed in “A” category from existing “N” category with effect from tomorrow (Tuesday) as the company has reported disbursement of 12 per cent stock divide...

Half of NGOs still out of tax net

Half of NGOs still out of tax net

Doulot Akter Mala 2018-01-15 12:00:00

Half of the country's non-government organisations (NGOs) are still remained out of the tax net, causing significant losses of direct tax. Of the total 961 NGOs registered with the NGO Affairs Bureau...

Bourses see mixed trend amid low trading

Bourses see mixed trend amid low trading

FE Online Report 2018-01-15 12:00:00

Stocks witnessed mixed trend in early hour of trading on Monday amid low trading activities as investors are active both sides of trading fence. Following the previous day’s sharp decline, th...

BAPEX estimates 600b cubic feet  gas reserve in new well

BAPEX estimates 600b cubic feet gas reserve in new well

-- 2018-01-15 12:00:00

State-owned Bangladesh Petroleum Exploration and Production Company (BAPEX) hopes that natural gas in new-found Bhola field will be nearly 600 billion cubic feet. An exploratory well at Bheduria in t...

Meeting with donors to begin Wednesday

Meeting with donors to begin Wednesday

FE Online Report 2018-01-15 12:00:00

The government-development partners meeting, Bangladesh Development Forum (BDF), will begin on Wednesday in Dhaka with the presence of high officials from major donor agencies. The government officia...

Bourses to delist Brac Bank bond today

Bourses to delist Brac Bank bond today

FE Report 2018-01-15 10:54:01

Subordinated 25 per cent Convertible Bonds of BRAC Bank will be de-listed from both the stock exchanges today (Monday) on completion of its maturity, according to information of stock exchanges. Th...

Banks’ interest rate spread falling

Banks’ interest rate spread falling

Siddique Islam 2018-01-15 10:38:49

A declining trend of interest rate spread in the country's banking sector continued until November, as the commercial banks slashed their interest rates more on lending than on deposits, officials sai...

Record number of workers went abroad in 2017 

Record number of workers went abroad in 2017 

-- 2018-01-15 10:27:10

A record number of 1.01 million workers went abroad in 2017, which is roughly 0.25 million more than that of the previous year. Expatriates' Welfare and Overseas Employment Minister Nurul Islam infor...

DSEX dips below 6,100-mark on bearish trend

DSEX dips below 6,100-mark on bearish trend

FE Online Report 2018-01-15 03:31:22

Stocks witnessed yet another bearish session on Monday, extending the losing streak for the two consecutive sessions, as risk-averse investors continued their selling spree. Market operators said the...

DSE rearranges DSEX, DS30

DSE rearranges DSEX, DS30

FE Online Report 2018-01-14 12:21:06

  Dhaka Stock Exchange (DSE) has rearranged its broad index and blue chip index with effect from January 21 as part of its annual and semi-annual rebalancing of the indices. In accordance with...

Stocks mostly down in early trading

Stocks mostly down in early trading

FE Online Report 2018-01-14 12:00:00

Shares on both bourses witnessed a downward trend in early trading Sunday amid low trading activities as cautious investors are on a sector-wise large-cap stock selling binge. Following the previous...

Depreciation of taka benefits Bangladeshis in Qatar

Depreciation of taka benefits Bangladeshis in Qatar

FE Online Desk 2018-01-14 12:00:00

Bangladeshis, among all the expatriates in Qatar, benefitted most by currency fluctuation last year. Bangladeshi taka depreciated by around 5.0 per cent in 2017, giving the community of expatriates e...

BD worst among SA countries in production readiness index

BD worst among SA countries in production readiness index

Nashir Uddin with SM Nazmus Sakib 2018-01-14 12:00:00

Bangladesh has been positioned as the poorest performer among its South Asian neighbours in a latest worldwide ranking. The Switzerland-based World Economic Forum (WEF) has published the evaluation t...

NBR yet to realise Tk 218b VAT, SD arrears from Petrobangla

NBR yet to realise Tk 218b VAT, SD arrears from Petrobangla

FE Report 2018-01-14 11:10:12

No visible progress has yet been made despite the government's efforts to realise Tk 218 billion in arrears from Petrobangla. Over last several months, National Board of Revenue (NBR) was trying to...

Companies to disclose reasons for partial distribution or non-distribution of profit

Companies to disclose reasons for partial distribution or non-distribution of profit

Mohammad Mufazzal 2018-01-14 10:21:34

Listed companies will have to disclose the reasons for partial distribution or non-distribution of profit to the shareholders as dividend to make shareholders informed about the companies' financing p...

Finance minister disproves CPD statement terming it ‘rubbish’

Finance minister disproves CPD statement terming it ‘rubbish’

-- 2018-01-14 08:00:36

Finance Minister Abul Maal Abdul Muhith came down heavily on Centre for Policy Dialogue (CPD) saying it never recognised the country's achievements. On Sunday, he also labelled the local think-tank&r...