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The Financial Express

Search results for: bangladesh

DSE, CSE end on a mellow note

DSE, CSE end on a mellow note

FE Online Report 2018-11-15 16:01:29

Stocks ended on a mellow note on Thursday after volatile trading as investors were mostly followed cautious stance. Market insiders said some investors closely eyeing on the political situation as...

Jamuna Oil recommends 130pc div

Jamuna Oil recommends 130pc div

FE Online Report 2018-11-15 11:24:03

The board of directors of Jamuna Oil Company Limited has recommended 130 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general...

DSE, CSE falter in early trading

DSE, CSE falter in early trading

FE Online Report 2018-11-15 11:21:04

The market witnessed mixed trend in early hour of trading Thursday as investors mostly followed cautious stance ahead on national election. Following the previous day’s marginal correction, t...

BAPLC for amending corporate governance guidelines

BAPLC for amending corporate governance guidelines

FE Report 2018-11-15 10:54:22

The representatives of publicly listed companies have urged the securities regulator to amend some provisions of corporate governance guidelines to avoid contradiction with the rules of other regulato...

Bangladesh Fund to attract investors

Bangladesh Fund to attract investors

FE Report 2018-11-15 10:50:41

The fund manager of the country's largest ever open-end fund-- Bangladesh Fund-- has continued its efforts to make the fund lucrative to ensure attractive dividend. ICB Asset Management Company Lim...

Fairs fetch over Tk 5.5b in income tax on 2nd day

Fairs fetch over Tk 5.5b in income tax on 2nd day

FE Report 2018-11-15 10:02:35

National Board of Revenue (NBR) received Tk 5.51 billion income tax on Wednesday, the second day of tax fairs that kicked off Tuesday. Tax fairs took place in a total of 62 areas across the country o...

BSEC readies four-point formula for revamping capital mkt

BSEC readies four-point formula for revamping capital mkt

Syful Islam 2018-11-15 09:35:14

Securities regulator has prepared a four-point formula for boosting institutional investments in bourses, officials have said. The formula includes addition of certain provisions to the Bank Companie...

Accelerated investment prerequisite for higher growth: ICCB

Accelerated investment prerequisite for higher growth: ICCB

FE Online Desk 2018-11-14 17:58:46

Bangladesh will emerge as the biggest driving force in the global Gross Domestic Product (GDP) in 2030 as predicted by HSBC Global Report “The World in 2030”. The country is going to beco...

Stocks succumb to selling pressure

Stocks succumb to selling pressure

FE Online Report 2018-11-14 15:37:56

Stocks slipped into the red territory on Wednesday, after a single-day break, as cautious investors went on late hours selling on sector specific issues. Market insiders said most of investors are...

Low-cap cos' share prices continue to soar on bourses

Low-cap cos' share prices continue to soar on bourses

FE Report 2018-11-14 12:49:19

Listed companies with low market capitalisation dominated the gainers' chart of the Dhaka Stock Exchange (DSE) on Tuesday though they had no price sensitive information (PSI). The premier bourse se...

Ambee Pharma to pay 30pc cash dividend

Ambee Pharma to pay 30pc cash dividend

FE Report 2018-11-14 12:46:24

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general mee...

Stocks rebound riding on power issues

Stocks rebound riding on power issues

FE Report 2018-11-14 12:45:25

Stocks rebounded on Tuesday, after a single-day break, as some investors showed their buying appetite on sector specific issues. DSEX, the prime index of the Dhaka Stock Exchange, settled at 5,258,...

WB budgetary support: BD likely to get $250m this fiscal

WB budgetary support: BD likely to get $250m this fiscal

FHM Humayan Kabir 2018-11-14 12:39:54

The government has recently completed negotiations with the World Bank (WB) over US$750 million budgetary support credit to narrow its fiscal deficit, officials said on Monday. Within this fiscal yea...

Muhith wants taxpayers’ number to reach 40m

Muhith wants taxpayers’ number to reach 40m

FE Report 2018-11-14 12:39:07

Income tax fair has begun in all divisional headquarters, four districts and seven upazilas. Finance Minister AMA Muhith inaugurated the weeklong tax fair Tuesday at city's Officers' Club premises on...

United Power to acquire 99pc stake of United Energy

United Power to acquire 99pc stake of United Energy

FE Online Report 2018-11-14 12:34:00

The board of directors of United Power Generation & Distribution Company Limited has decided to acquire 99 per cent stake of United Energy, a sister concern of the United Group. United Power will...

Stocks drive gains on buying spree

Stocks drive gains on buying spree

FE Online Report 2018-11-14 12:32:59

The prices of most of the shares on the bourses saw upward trend in early hour of trading Wednesday as some investors are active on sector-wise issues. Following the previous day’s slight gai...

Three state-run cos recommend dividends

Three state-run cos recommend dividends

FE Online Report 2018-11-11 12:20:37

The board of directors of three state-run companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday. The companies are: Padma Oil...

DSE lifts trading suspension on Khulna Power

DSE lifts trading suspension on Khulna Power

FE Online Report 2018-11-11 11:58:51

The Dhaka Stock Exchange (DSE) has withdrawn the suspension of trading of Khulna Power Company Ltd (KPCL) on Sunday, with immediate effect. The board of directors of the DSE took the decision at a me...

Stocks mostly higher despite low trading activities

Stocks mostly higher despite low trading activities

FE Online Report 2018-11-11 11:28:27

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading Sunday as some investors were seen active on sector-wise issues. Following the previous week&rs...

Jute sector sees highest rise in market price

Jute sector sees highest rise in market price

FE Report 2018-11-11 11:01:44

The jute sector has witnessed the highest rise in market price during the last week on the Dhaka Stock Exchange (DSE). Some major sectors such as bank, financial institution, fuel & power and tel...

Experts sceptical of attaining SDGs by 2030

Experts sceptical of attaining SDGs by 2030

FE Report 2018-11-11 09:50:03

Experts at a seminar on Saturday expressed scepticism about achieving the sustainable development goals (SDGs) by the country within the stipulated timeframe. They listed a number of factors that mig...

Govt plans reforms in NBR to boost revenue collection

Govt plans reforms in NBR to boost revenue collection

-- 2018-11-10 10:49:51

The government has taken an initiative to bring infrastructural reforms in the Internal Resources Division (IRD) and create new units at the National Board of Revenue (NBR) to boost revenue collection...

Stocks end week flat amid choppy trading

Stocks end week flat amid choppy trading

FE Report 2018-11-10 10:45:59

Stocks finished flat last week, after remaining down in the past three weeks, as investors mostly followed cautious stance ahead of national elections. Market insiders said most of the investors adop...

12 more cos recommend dividend up to 140pc

12 more cos recommend dividend up to 140pc

FE Report 2018-11-10 10:41:28

Twelve more listed companies and two mutual funds have recommended dividend last week for the year ended on June 30, 2018, according to separate official disclosures. The companies are: Meghna Petr...

Dhaka to seek $4.0b more under IDA-18 package

Dhaka to seek $4.0b more under IDA-18 package

FHM Humayan Kabir 2018-11-10 10:02:21

Bangladesh will seek US$4.0 billion more funds from the World Bank (WB) the global lender's replenishment meeting next week in Zambia, officials have said. Besides, it will request the Washington-ba...

July-Oct remittance up by 12.17pc

July-Oct remittance up by 12.17pc

-- 2018-11-09 16:54:26

Expatriate Bangladeshis sent US$5,108 million remittances during the first four months of the current fiscal 2018-19 (FY19), which is 12.17 per cent higher than that of the previous fiscal, a Banglade...

Experts, planners air concern over unplanned urbanisation

Experts, planners air concern over unplanned urbanisation

FE Report 2018-11-09 15:02:55

Urban experts and planners at a seminar in the city have expressed concern over the trend of unplanned urbanisation and blamed personal interests, non-implementation of the plans that remain only in p...

Govt borrowing from savings tools rises in Q1

Govt borrowing from savings tools rises in Q1

FE Report 2018-11-09 11:38:22

The government's net borrowing from state-owned savings instruments increased by more than 5.0 per cent in the first quarter (Q1) of the ongoing fiscal year compared to that of the previous fiscal, of...

CSE board embraces new director

CSE board embraces new director

FE Report 2018-11-09 11:07:34

Shareholders of Chittagong Stock Exchange (CSE) approved on Thursday 5.0 per cent cash dividend for the year ended on June 30 last. The shareholders also approved the audited financial statement, amo...

ADN Telecom's cut-off price fixed at Tk 30

ADN Telecom's cut-off price fixed at Tk 30

FE Report 2018-11-09 11:06:11

The cut-off price of ADN Telecom's shares has been fixed at Tk 30 each, as discovered by institutional investors through electronic bidding under the book-building method. ADN Telecom, the IT and t...