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The Financial Express

Search results for: bangladesh

Govt’s net bank borrowing may hit Tk 600b mark

Govt’s net bank borrowing may hit Tk 600b mark

SIDDIQUE ISLAM 2020-02-03 10:13:58

The government's net bank borrowing during the current month would be around Tk 46 billion, officials said. The net bank borrowing had reached Tk 508.42 billion until January 15 of the current fiscal...

Stocks post modest gain after two-day

Stocks post modest gain after two-day

FE Online Report 2020-02-02 17:53:37

Stocks posted a modest gain on Sunday, snapping as two-day losing streak, as some investors showed buying binge on sector-wise shares after city corporation election. DSEX, the prime index of the Dha...

BIBM lecture on ethics in banking today

BIBM lecture on ethics in banking today

FE Online Desk 2020-02-02 14:05:54

The 19th Nurul Matin Memorial Lecture on Ethics in Banking will be held at Bangladesh Institute of Bank Management (BIBM) auditorium  today (Sunday) at 7.30 pm. Dr. Atiur Rahman, Bangabandhu Cha...

Bangabandhu Shilpa Nagar partly ready

Bangabandhu Shilpa Nagar partly ready

Saif Uddin, Back from Chattogram 2020-02-02 12:10:22

The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) is partially ready with key infrastructure and utility services to host industrial units now, according to a spot account. Several investors have alr...

Stocks post marginal gains in early trading

Stocks post marginal gains in early trading

FE Online Report 2020-02-02 11:36:53

Stocks witnessed marginal gains in the early hours of trading on Sunday as some investors were showing appetite on sector-wise stocks amid ongoing earnings declaration. Following the previous day&rsq...

Summit Power declares 15pc interim dividend

Summit Power declares 15pc interim dividend

FE Online Report 2020-02-02 11:22:21

The board of directors of Summit Power Ltd has declared 15 per cent interim cash dividend for the year ending on June 30, 2020 based on un-audited financial statements for the half year period ended...

Weekly Review: MNCs see mixed performance

Weekly Review: MNCs see mixed performance

FE Report 2020-02-02 11:14:21

Listed multinational companies (MNCs) performed mixed in last week amid price corrections witnessed by many local companies. The local companies witnessed price corrections as their earnings declined...

UAE poised to reopen labour market

UAE poised to reopen labour market

FE REPORT 2020-02-02 10:01:41

The United Arab Emirates, UAE, is set to reopen its labour market for Bangladeshis shortly after an eight-year embargo, according to the country's envoy to the Gulf country. Muhammad Imran, Banglades...

Weekly Review: Stocks drop on poor earnings

Weekly Review: Stocks drop on poor earnings

Babul Barman 2020-02-01 11:44:32

Stocks slipped into red in the outgoing week as investors sold shares amid the lower-than-expected earnings declared by large-cap companies. Week-on-week, DSEX, the prime index of the Dhaka Stock Exc...

ICB AMCL approves dividend

ICB AMCL approves dividend

FE Report 2020-02-01 11:36:09

The Trustee Committee of the nine open-end mutual funds managed by ICB Asset Management Company Ltd (AMCL) approved dividends for the fiscal year 2019 at a meeting held on Thursday. The open-end mutu...

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

FE REPORT 2020-01-31 14:08:42

The central bank has asked the authorised dealer (AD) banks to properly ensure tax collection while their customers are making payments for importing goods or services using international credit cards...

Top ten grab one-third of DSE turnover

Top ten grab one-third of DSE turnover

FE Report 2020-01-31 14:02:36

Ten most traded firms accounted for one-third of transactions on the Dhaka Stock Exchange on Thursday with LafargeHolcim continuing to dominate the turnover chart for seventh straight session. Market...

15pc incentive on rice export until June 30

15pc incentive on rice export until June 30

FE Online Report 2020-01-30 19:11:21

The government on Thursday has declared 15 per cent incentives against exports of rice to boost shipment of the staple until June 30 this year, according to official sources. Permission of all kinds...

Stocks extend losses amid poor earnings declaration

Stocks extend losses amid poor earnings declaration

FE Online Report 2020-01-30 17:27:51

Stocks extended losses for the second straight day on Thursday as investors were on selling binge amid lower than expected earnings disclosures of a number of companies. DSEX, the prime index of the...

Nitol Insurance declares 15pc cash div

Nitol Insurance declares 15pc cash div

FE Online Report 2020-01-30 11:50:21

The board of directors of Nitol Insurance Company Limited has recommended 15 per cent cash dividend for the year ended on December 31, 2019. The final approval of dividend will come during the annu...

Stocks post modest gain at opening

Stocks post modest gain at opening

FE Online Report 2020-01-30 11:46:45

Stocks posted a marginal gain in early hours of trading on Thursday as investors mostly followed cautious stance amid ongoing earnings declaration. Following the previous day’s mild correction,...

Finance Minister asks Padma Bank to go public

Finance Minister asks Padma Bank to go public

FE Report 2020-01-30 10:53:10

Finance Minister AHM Mustafa Kamal on Tuesday suggested the Padma Bank Ltd to get listed on stock market as the bank has been doing well in recent time overcoming the initial crisis. "As the bank is...

Govt puts forth Tk 1.0tn investment needs

Govt puts forth Tk 1.0tn investment needs

FE Report 2020-01-30 10:46:01

The government has brought up a US$1.02 trillion investment requirement for the 8th five-year plan (FYP), which envisages achieving an upper middle income country status by 2031 and a developed nation...

Dhaka decries Delhi's discriminatory policy

Dhaka decries Delhi's discriminatory policy

SYFUL ISLAM 2020-01-30 10:00:19

Dhaka has protested New Delhi's discriminatory policy against Bangladeshi individuals and entities who plan to invest in India. Officials said India has kept Bangladeshi citizens and companies in res...

Stocks slip into red as GP, BATBC drops

Stocks slip into red as GP, BATBC drops

FE Online Report 2020-01-29 16:24:48

Stocks slipped back into the red on Wednesday, after a single-day break, as cautious investors went on selling on sector-wise large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Marico declares 300pc interim cash div

Marico declares 300pc interim cash div

FE Online Report 2020-01-29 13:50:36

The board of directors of Marico Bangladesh has declared 300 per cent interim cash dividend for the year ending on March 31, 2020 based on nine months financials for the period ended on December 31, 2...

Stocks fall as pessimism grips market

Stocks fall as pessimism grips market

FE Online Report 2020-01-29 13:49:45

Stocks witnessed downward trend in early hours of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and...

Directors of two cos face music

Directors of two cos face music

FE Report 2020-01-29 13:41:04

The securities regulator on Tuesday fined directors of two companies - Aman Feed and Regent Textile Mills-for breaching a number of securities rules. The BSEC also approved the corporate governance c...

Stocks post modest gain on MNCs

Stocks post modest gain on MNCs

FE Online Report 2020-01-28 16:20:11

Stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies. DSEX, the prime index of the Dhaka Stock Exchange, wen...

GP declares 40pc final cash div

GP declares 40pc final cash div

FE Online Report 2020-01-28 12:18:11

The board of directors of Grameenphone has recommended 40 per cent final cash dividend (i.e. total 130 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Tu...

BDF meet begins in city Wednesday

BDF meet begins in city Wednesday

FE REPORT 2020-01-28 11:57:57

Bangladesh's key donors sit with top policymakers and officials tomorrow (Wednesday) in Dhaka to get an update on the country's development plans and programmes. The two-day parley, known as the Bang...

Bourses fall as investors take cautious stance

Bourses fall as investors take cautious stance

FE Online Report 2020-01-28 11:48:03

Stocks witnessed downward trend in early hours of trading on Tuesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and th...

BSEZ may bring in foreign investment of US$20b

BSEZ may bring in foreign investment of US$20b

FE Report 2020-01-28 11:38:42

Bangladesh Special Economic Zone (BSEZ), dedicated for Japanese investors, is expected to bring in foreign investment worth US$20 billion. The Special Economic Zone (SEZ) being developed on 1,000 acr...

ICB bleeds for two consecutive quarters

ICB bleeds for two consecutive quarters

FE REPORT 2020-01-28 10:59:53

The Investment Corporation of Bangladesh (ICB) incurred losses for last two consecutive quarters ended by December, 2019 due to 'decrease' in capital profit and 'increase' in loan interest. The state...

Some banks slash deposit rates ahead of schedule

Some banks slash deposit rates ahead of schedule

SIDDIQUE ISLAM 2020-01-28 09:47:04

A good number of banks have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The downward revision of the deposit rates comes much ahead of the date---Ap...