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The Financial Express

Search results for: bangladesh

Shahjalal Islami Bank approves 10pc stock div

Shahjalal Islami Bank approves 10pc stock div

FE Desk Report 2019-07-26 11:11:03

The 18th annual general meeting (AGM) of Shahjalal Islami Bank Limited was held at RAOWA Convention Hall-1 in Dhaka on Thursday, with Chairman of the Board of Directors of the bank Akkas Uddin Mollah...

WB likely to give $4.5b aid to BD in three years

WB likely to give $4.5b aid to BD in three years

FHM Humayan Kabir 2019-07-26 11:08:55

The World Bank (WB) is likely to provide some US$ 4.5 billion assistance to Bangladesh in next three years, officials said early this week. The Economic Relations Division (ERD) officials said the Wa...

United Power generates highest turnover

United Power generates highest turnover

FE Report 2019-07-26 11:06:15

The ten most traded companies accounted for 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the United Power bagging the top spot of the turnover list. Market analysts...

‘Budget for 2034 will be of a trillion dollar’

‘Budget for 2034 will be of a trillion dollar’

-- 2019-07-25 16:40:24

Finance Minister AHM Mustafa Kamal on Thursday said that the national budget in Bangladesh for the year 2034 will reach around a trillion US dollar, reports UNB. “We’ve given over Taka Fi...

Delta Life Insurance approves 26pc cash dividend

Delta Life Insurance approves 26pc cash dividend

FE Online Desk 2019-07-25 15:06:17

The board of directors of Delta Life Insurance Company Limited has approved 26 per cent cash dividend for each share of Tk 10 for the year 2018. Chairman of the board of directors Lt Gen M Noor Uddin...

GSK’s EPS jumps 206pc in April-June

GSK’s EPS jumps 206pc in April-June

FE Online Report 2019-07-25 12:19:49

The GlaxoSmithKline (GSK) Bangladesh’s earnings per share (EPS) soared 206 per cent in April-June (Q2) quarter of 2019 compared to the same period last year. The multinational company’s...

Marico declares 250pc interim cash div

Marico declares 250pc interim cash div

FE Online Report 2019-07-25 12:11:21

The board of directors of the Marico Bangladesh Ltd has declared 250 per cent interim cash dividend based on three months financials for the period ended on June 30, 2019. The record date for entitle...

Stocks witness mild upturn in early trading

Stocks witness mild upturn in early trading

FE Online Reports 2019-07-25 12:09:32

Stocks witnessed a moderate upward trend in early trading on Thursday, after passing a flat session in the previous day, as some investors were active on sector specific shares. Following the previou...

BSEC asks DSE to take steps for Coppertech listing

BSEC asks DSE to take steps for Coppertech listing

FE Report 2019-07-25 10:48:37

The securities regulator has asked the premier bourse to take steps for the listing of Coppertech Industries as per the section 5(4) of the listing regulations. The Bangladesh Securities and Exchange...

Square Pharma tops DSE turnover chart

Square Pharma tops DSE turnover chart

FE Report 2019-07-25 10:46:31

The ten most traded companies accounted for 26 per cent transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with Square Pharmaceuticals bagging the top spot on the turnover chart. Market...

BSEC launches online report submission platform

BSEC launches online report submission platform

FE Report 2019-07-25 10:44:07

The securities regulator has introduced an online report submission platform to facilitate the submission of market intermediaries' reports to the regulator. Chairman of the Bangladesh Securities a...

Govt borrowing from banks more than doubled last fiscal

Govt borrowing from banks more than doubled last fiscal

Siddique Islam 2019-07-25 10:04:58

The government borrowing from the banking system more than doubled in the outgoing fiscal year (FY) to partly finance its budget deficit, officials said on Wednesday. Its borrowing from the banking s...

Stocks end flat in penultimate trading day

Stocks end flat in penultimate trading day

FE Online Report 2019-07-24 16:15:23

Stocks ended almost flat on Wednesday, the penultimate trading day of the week, after volatile trading as investors mostly followed cautious stance amid prevailing bearish market trend. Market anal...

Uttara Bank’s EPS soars 85pc in H1

Uttara Bank’s EPS soars 85pc in H1

FE Online Report 2019-07-24 12:15:21

Uttara Bank’s earnings per share (EPS) soared 85 per cent in January-June period of 2019 compared to the same period in the previous year. In six months for January-June 2019, its consolidate...

Heidelberg’s EPS turns negative in Apr-Jun

Heidelberg’s EPS turns negative in Apr-Jun

FE Online Report 2019-07-24 12:05:41

The earnings per share (EPS) of Heidelberg Cement Bangladesh Limited has turned negative in April-June quarter due to higher cost of goods sold and lower financial income. The cement manufacturer&rsq...

Stocks edge down on fragile confidence

Stocks edge down on fragile confidence

FE Online Reports 2019-07-24 11:59:38

Stocks witnessed downward trend in early trading on Wednesday, after sharp gain in the previous day, as investors mostly followed cautious stance. The prime index of the major bourse soared 111 poi...

Crop insurance under PPP likely from this FY

Crop insurance under PPP likely from this FY

FE Report 2019-07-24 11:24:55

Crop insurance in haor (wetland) area might begin this fiscal year (FY), 2019-20, under a public-private partnership (PPP) mechanism, said people familiar with this development on Tuesday. In June, t...

BSEC to take action against two brokerage firms

BSEC to take action against two brokerage firms

FE Report 2019-07-24 10:39:57

The stock market regulator has asked its department concerned to take stern action against two brokerage firms for mismatch between inflow and outflow of their clients' funds deposited in the consolid...

Fortune tops turnover chart for fifth day

Fortune tops turnover chart for fifth day

FE Report 2019-07-24 10:38:39

Ten most traded companies accounted for 23 per cent transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes making it to top of the chart for the fifth straight session on Tuesday. M...

BB prods banks to raise exposure to share market

BB prods banks to raise exposure to share market

Siddique Islam 2019-07-24 09:52:46

The central bank has asked some 20 banks to boost their investments in stocks to help revamp the country's ailing capital market. The banks have the scope for investing more in listed securities in l...

Stocks rebound strongly after two-day slump

Stocks rebound strongly after two-day slump

FE Online Report 2019-07-23 18:05:27

Stocks rebounded strongly on Tuesday, after sharp fall in the past two sessions, as bargain hunters showed their appetite on sector-wise issues. The Dhaka Stock Exchange on Tuesday requested the all...

BB increases farm loan disbursement target by 10.66pc

BB increases farm loan disbursement target by 10.66pc

-- 2019-07-23 16:28:17

The Bangladesh Bank has raised the agriculture and rural loan disbursement target by 10.66 per cent for the current fiscal year (FY2019-20), compared to the immediate past fiscal year. The central ba...

Meghna Life recommends 20pc cash dividend

Meghna Life recommends 20pc cash dividend

FE Online Report 2019-07-23 11:35:57

The board of directors of Meghna Life Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come durin...

National Life likely to declare dividend July 29

National Life likely to declare dividend July 29

FE Online Report 2019-07-23 11:33:41

The National Life Insurance Company Limited will hold a meeting of board of directors on July 29 where the insurer likely to recommend dividend for the year ended on December 31, 2018. The board me...

Stocks witness sharp gain in early trading

Stocks witness sharp gain in early trading

FE Online Reports 2019-07-23 11:30:16

Stocks witnessed sharp gain in early trading on Tuesday, after hitting 31 months low in the previous day, as bargain hunters stepped in. The Dhaka Stock Exchange (DSE) on Tuesday requested the all st...

DSE approves Coppertech listing

DSE approves Coppertech listing

FE Report 2019-07-23 10:35:05

The country's premier bourse has approved the proposal for listing of the much-talked-about Coppertech Industries, subject to the regulatory 'waiver' of a rule regarding the timeframe for the listin...

Ten cos account for 21pc turnover on DSE

Ten cos account for 21pc turnover on DSE

FE Report 2019-07-23 10:34:01

Ten most traded companies accounted for 21 per cent transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes leading the turnover chart for the fourth straight session on Monday. Mark...

Volume of NPL in SoBs shrinks in Q2, says Kamal

Volume of NPL in SoBs shrinks in Q2, says Kamal

FE Report 2019-07-23 09:42:45

The volume of non-performing loans (NPLs) in the state-owned banks (SoBs) declined in the second quarter of the calendar year 2019, finance minister AHM Mustafa Kamal said on Monday quoting provisiona...

'Govt not to spare anyone involved in bank irregularities'

'Govt not to spare anyone involved in bank irregularities'

-- 2019-07-22 20:58:12

Finance Minister AHM Mustafa Kamal has reiterated that those who are involved in the banking sector irregularities would not be spared.  “We’re already taking steps under the existin...

Stocks fall; DSEX dips below 5,000-mark

Stocks fall; DSEX dips below 5,000-mark

FE Online Report 2019-07-22 15:41:23

Stocks witnessed yet another big fall on Monday with key index plunged below the 5,000-mark as investors continued their selling binge to escape further fall. DSEX, the core index of the DSE, lost 67...