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The Financial Express

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Stocks extend winning streak; turnover jumps 29pc

Stocks extend winning streak; turnover jumps 29pc

FE ONLINE REPORT 2020-08-31 15:41:47

Stocks extended the winning streak for fourth straight sessions on Monday as a section of investors continued their buying binge on large-cap issues riding on regulatory moves to restore discipline in...

Rupali Life Insurance declares 14pc dividend

Rupali Life Insurance declares 14pc dividend

FE ONLINE REPORT 2020-08-31 12:02:05

The board of directors of Rupali Life Insurance Company has recommended 12 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2019. The final approval of dividend will c...

Stocks jump at opening amid optimism

Stocks jump at opening amid optimism

FE ONLINE REPORT 2020-08-31 10:55:50

Stocks witnessed sharp rise in early trading on Monday as enthusiastic investors continued their buying spree on large-cap issues as the economy is reviving from a pandemic induced shock. Following t...

Private sector credit growth increases

Private sector credit growth increases

-- 2020-08-30 22:34:55

Private sector lending rate of the country has begun rising to recover from a decade-low growth after investments plunged amid the coronavirus pandemic at the end of 2019-20 fiscal year. The loans di...

Economists emphasise creativity for securing revenue earning

Economists emphasise creativity for securing revenue earning

-- 2020-08-30 14:06:37

Amid a slowdown in economic activities due to the coronavirus pandemic, noted economists have suggested the government should be more creative and tactful to get close to meeting the ambitious target...

Bangladesh economy 'narrow', dominated by RMG, remittances: ADB

Bangladesh economy 'narrow', dominated by RMG, remittances: ADB

FHM HUMAYAN KABIR 2020-08-30 09:57:53

The Asian Development Bank (ADB) has said Bangladesh's growth-induced poverty reduction would not be sustained unless it ramps up investment and diversify the economy. But the financial sector's inef...

Restructuring of ICB underway

Restructuring of ICB underway

FE REPORT 2020-08-30 09:50:42

The securities regulator will submit a report by December as part of the government move to restructure the state-run Investment Corporation of Bangladesh (ICB) and its subsidiaries. To this effect,...

Stocks buoyed by renewed optimism

Stocks buoyed by renewed optimism

Bdnews24.com 2020-08-29 22:15:19

Bangladesh's capital market has hit a purple patch after a prolonged bearish spell as the country's premier bourse capped a tenth successive week of gains amid renewed optimism and confidence from i...

Junk stocks' prices keep soaring sans PSI

Junk stocks' prices keep soaring sans PSI

BABUL BARMAN 2020-08-29 10:27:40

The share prices of junk stocks, which came under Dhaka Stock Exchange (DSE) scanner, have been soaring in the last one month without undisclosed price sensitive information. The companies are Zeal B...

Foreign funding for Bangladesh NGOs drops sharply

Foreign funding for Bangladesh NGOs drops sharply

Saif Uddin 2020-08-29 09:51:08

Foreign donors' commitment to NGOs operating in Bangladesh for providing them with funds through a government regulatory body has declined sharply in the last fiscal year (FY) 2019-2020 mainly due t...

AIIB approves $100m loan to Bangladesh to fight Covid-19

AIIB approves $100m loan to Bangladesh to fight Covid-19

REUTERS 2020-08-28 15:42:04

Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to Bangladesh to help the country deal with the Covid-19 pandemic. The project will be co-financed...

Asia Pacific General Ins approves 10pc cash dividend

Asia Pacific General Ins approves 10pc cash dividend

FE DESK REPORT 2020-08-28 10:34:56

The 19th annual general meeting (AGM) of Asia Pacific General Insurance Co. Ltd was held recently using a digital platform, said a statement. The AGM passed the annual accounts and approved 10 per...

MTB approves 5.0pc stock, 5.0pc cash dividend

MTB approves 5.0pc stock, 5.0pc cash dividend

FE DESK REPORT 2020-08-28 10:33:08

The 21st Annual General Meeting (AGM) of Mutual Trust Bank Limited (MTB) was held on Thursday through digital platform, said a statement. MTB Chairman, Md. Hedayetullah, presided over the meeting. Th...

Orion Pharma sees highest turnover

Orion Pharma sees highest turnover

FE REPORT 2020-08-28 10:30:41

Ten most-traded stocks accounted for 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Orion Pharmaceuticals dominating the turnover chart. Market operators said investors...

BB turns down Rupali Bank's proposal of stock dividend

BB turns down Rupali Bank's proposal of stock dividend

FE Report 2020-08-28 10:27:00

The central bank has turned down Rupali Bank's proposal of issuing stock dividend. As a result, the bank will place the proposal in its annual general meeting to seek shareholders' approval. The ban...

Govt upbeat about 8.2pc growth

Govt upbeat about 8.2pc growth

FE REPORT 2020-08-28 09:50:25

Planning Minister M A Mannan on Thursday said the projected 8.2 per cent economic growth would be achieved in this fiscal year (FY), 2020-21, as the economy would rebound at a higher pace than earlier...

Developing nations including Bangladesh risk a lost decade: IMF   

Developing nations including Bangladesh risk a lost decade: IMF  

FE ONLINE REPORT   2020-08-27 23:36:09

Growth in low-income developing countries (LIDCs) is likely to come to a standstill this year, compared to growth of 5.0 percent in 2019, according to the International Monetary Fund (IMF). The globa...

ADB unveils $11b lending plan for Bangladesh over three years

ADB unveils $11b lending plan for Bangladesh over three years

-- 2020-08-27 15:15:26

The Asian Development Bank has programmed $5.9 billion firm and $5.2 billion standby project assistance for Bangladesh in 2021-2023, according to the new Country Operations Business Plan for Banglades...

Stocks witness bullish trend at opening

Stocks witness bullish trend at opening

FE ONLINE REPORT 2020-08-27 11:06:37

Stocks witnessed positive trend in early trading on Thursday as a section of investors continued their buying appetite on selective large-cap issues amid expectation. After crossing the prime bourse&...

BSEC approves IPO of Dominage Steel Building

BSEC approves IPO of Dominage Steel Building

FE Report 2020-08-27 10:33:26

The securities regulator on Wednesday approved the IPO (initial public offering) of Dominage Steel Building Systems Ltd which will raise capital worth Tk 300 million. The Bangladesh Securities and Ex...

'Lockdown' blow to low-income families

'Lockdown' blow to low-income families

FE Report 2020-08-27 09:29:39

About 96 per cent of families with low socio-economic status experienced a reduction in their average monthly earnings during the 'lockdown' period, a new ICDDR,B study revealed on Wednesday. It also...

Stocks extend winning streak for another session

Stocks extend winning streak for another session

FE ONLINE REPORT 2020-08-26 15:50:49

Stocks extended the winning streak for another session on Wednesday with the key index of the prime bourse crossing the 4800-mark again. Investors continued their appetite for sector-wise issues ridi...

Bay Leasing to pay 10pc dividend

Bay Leasing to pay 10pc dividend

FE ONLINE REPORT 2020-08-26 11:22:19

The board of directors of Bay Leasing and Investment Ltd has recommended 7.5 per cent cash and 2.5 per cent stock dividend for the year ended on December 31, 2019. The final approval of the dividend...

Stocks open positive on bourses

Stocks open positive on bourses

FE ONLINE REPORT 2020-08-26 10:52:55

Stocks witnessed a positive trend in early trading on Wednesday as optimistic investors are showing their buying appetite on sector-wise issues. Following previous day’s modest gain, the Dhaka...

NBR launches EFDs to contain VAT evasion

NBR launches EFDs to contain VAT evasion

FE REPORT 2020-08-26 09:42:12

The National Board of Revenue (NBR) introduced on Tuesday the long-awaited electric fiscal devices (EFDs) on a pilot basis to check VAT evasion in businesses. NBR chairman Abu Hena Md Rahmatul Muneem...

Declaration of undisclosed money: Govt agencies won't ask questions about sources

Declaration of undisclosed money: Govt agencies won't ask questions about sources

FE REPORT 2020-08-26 09:34:32

The National Board of Revenue (NBR) chairman on Tuesday said the people concerned will be able to challenge in the court of law, if any government agency asks questions about the source while declarin...

Stocks post marginal gain after volatility

Stocks post marginal gain after volatility

FE ONLINE REPORT 2020-08-25 16:13:57

Stocks posted a modest gain on Tuesday, after a single-day break, as investors showed buying appetite on sector-wise issues. DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 19.13 po...

Govt endorses five development projects worth TK 25.70b

Govt endorses five development projects worth TK 25.70b

FE Online Report 2020-08-25 15:56:29

The government on Tuesday in Dhaka endorsed five development projects at a combine cost of Tk 25.70 billion. Presided over by the Prime Minister Sheikh Hasina, the Executive Committee of the National...

Bourses open higher on Tuesday

Bourses open higher on Tuesday

FE ONLINE REPORT 2020-08-25 10:57:11

Stocks witnessed an upward trend in early trading on Tuesday with the key index of the major bourse crossing 4800-mark as investors are active sector-wise issues. Following the previous day’s c...

BSEC forms body to dig out reasons for DSE's technical glitch

BSEC forms body to dig out reasons for DSE's technical glitch

FE Report 2020-08-25 10:13:52

Bangladesh Securities and Exchange Commission (BSEC) on Monday formed a high-powered body to look into the reasons that caused technical breakdown on the website of Dhaka Stock Exchange (DSE) in last...