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The Financial Express

Search results for: bangladesh

Dhaka bourse ends flat

Dhaka bourse ends flat

FE Online Report 2018-07-22 15:31:45

The Dhaka bourse Sunday closed flat following the mixed performance played by major sectors. On the day, the turnover value crossed Tk 10 billion-mark after six sessions, as investors' participation...

Use ADR to overcome troubled loan situation

Use ADR to overcome troubled loan situation

FE Report 2018-07-22 15:02:08

Businesses and professionals raised concern on Saturday over the growing volume of non-performing loans (NPLs), which could jeopardise the economic health of the country. To overcome the unpleasant s...

IIDFC to go public

IIDFC to go public

FE Online Desk 2018-07-22 12:37:00

IIDFC will go public for expansion of its businesses. "The company likes to raise Tk 400 million from the stock market and will apply to the BSEC for the final approval," said a company source. The...

DSE opens week on positive note

DSE opens week on positive note

FE Report 2018-07-22 12:22:43

Dhaka bourse rose marginally in early trading on Sunday following the mixed performance of the major sectors. The market started the session with a positive note and continued the trend for first twe...

Indo-Bangla Pharma revises IPO schedule again

Indo-Bangla Pharma revises IPO schedule again

FE Report 2018-07-22 10:42:45

Indo-Bangla Pharmaceuticals has again revised the schedule of IPO (initial public offering) subscription. As per the revised schedule, the company’s public subscription will start on August 9 a...

China-funded projects in slow lane on land acquisition delays

China-funded projects in slow lane on land acquisition delays

Mir Mostafizur Rahaman 2018-07-22 10:22:15

Bureaucratic tangle and slow land acquisition have delayed the progress of eight China-funded government to government (G2G) projects. Infrastructure projects like Multilane Road Tunnel under the R...

Banks exceed ADR on higher than targeted private credit flow

Banks exceed ADR on higher than targeted private credit flow

FE Report 2018-07-22 09:58:02

Higher than targeted private sector credit growth compared to deposits is believed to be the key reason for exceeding the advances-deposits ratio (ADR) by private banks. This was revealed in a study...

NBR moves to bring more people under tax net

NBR moves to bring more people under tax net

-- 2018-07-21 18:50:20

In an effort to expand country's narrow tax base, the National Board of Revenue (NBR) has moved to gather 'secondary data' of potential new taxpayers. In a country of over 160 million (16 crore) popu...

Manpower export to Singapore on downswing

Manpower export to Singapore on downswing

Arafat Ara 2018-07-21 11:00:25

The outflow of Bangladeshi workers to Singapore declined significantly in last three years due to various reasons including an image crisis which was created over arrest of some Bangladeshi nationals...

Stocks keep falling as bank shares plunge

Stocks keep falling as bank shares plunge

Babul Barman 2018-07-21 10:49:20

Stocks posted marginal fall last week that ended Thursday as investors followed cautious stance amid ongoing earnings and dividend declarations. Brokers said some investors preferred to take dilige...

Major sectors witness mixed trend

Major sectors witness mixed trend

FE Report 2018-07-21 10:44:14

The major sectors saw mixed trend last week that ended Thursday as investors were active both sides of trading fence amid ongoing earnings and dividend declaration. Of the 19 sectors listed with th...

CSE suspends trading of Rahima Food shares

CSE suspends trading of Rahima Food shares

FE Report 2018-07-20 10:32:56

The Chittagong Stock Exchange (CSE) has suspended the share trading of Rahima Food Corporation Limited as its operation remained closed for more than three years. The suspension came into effect fr...

VFS Thread publishes IPO lottery results

VFS Thread publishes IPO lottery results

FE Report 2018-07-20 10:26:39

VFS Thread Dyeing Limited will allocate 22 million ordinary shares among the successful applicants as the company's IPO lottery draw was held in the capital on Thursday. The IPO lottery result has be...

Legacy Footwear's share jumps 668pc in one year

Legacy Footwear's share jumps 668pc in one year

FE Report 2018-07-20 10:22:28

The share price of Legacy Footwear Limited continued to soar with no apparent reason as the company's share price jumped nearly seven-fold within a year. The price soared 6.24 per cent further on T...

Marico approves 100pc final cash dividend

Marico approves 100pc final cash dividend

FE Desk Report 2018-07-20 10:17:19

Marico Bangladesh Limited (MBL) has approved a final cash dividend of 100 per cent (equivalent to Tk. 10 per share) at its 18th annual general meeting (AGM) at a city hotel recently, according to a st...

GDP growth beats ADB forecast

GDP growth beats ADB forecast

FE Online Report 2018-07-19 20:04:11

Country’s growth has surpassed last forecast at the Asian Development Outlook (ADO) as its agriculture and industry growth was higher than expected, the Asian Development Bank (ADB) has said....

Stocks inch higher after choppy trading

Stocks inch higher after choppy trading

FE Online Report 2018-07-19 16:06:25

Stocks inched higher on Thursday after volatile trading as most of the investors were active both sides of trading fence amid ongoing earnings declaration. The market opened on positive note and ke...

Marico BD declares 150pc interim cash dividend

Marico BD declares 150pc interim cash dividend

FE Online Report 2018-07-19 11:43:43

The board of directors of Marico Bangladesh Limited has declared 150 per cent interim cash dividend, said an official disclosure on Thursday. The board of directors has declared the interim cash di...

IPO lottery draw of VFS Thread today

IPO lottery draw of VFS Thread today

FE Report 2018-07-19 10:37:06

The initial public offering (IPO) lottery draw of VFS Thread Dyeing Ltd will be held today (Thursday), officials said. The event will be held at the auditorium of the Institution of Engineers Banglad...

Berger Paints posts 13pc sales growth

Berger Paints posts 13pc sales growth

Babul Barman 2018-07-19 10:34:58

Berger Fosroc Limited, a joint-venture company of Berger Paints Bangladesh and UK-based construction chemical manufacturer Fosroc International with equal stakes, is set to start commercial operation...

DSE delists Rahima Food, Modern Dyeing

DSE delists Rahima Food, Modern Dyeing

FE Report 2018-07-19 10:26:25

The Dhaka Stock Exchange (DSE) has delisted Rahima Food Corporation and Modern Dyeing & Screen Printing as the companies were not in operation for long time. The board of directors of the premier...

DSE, CSE end marginally higher

DSE, CSE end marginally higher

FE Online Report 2018-07-18 16:29:44

Stocks posted a marginal gain Wednesday after volatile trading as investors opted for buying shares amid ongoing earnings declaration. The market opened on higher note and key index of the premier...

IIBL approves 10pc dividend

IIBL approves 10pc dividend

FE Online Desk 2018-07-18 12:22:12

The board of directors of Islami Insurance Bangladesh Limited (IIBL) has approved 5 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2017. The approval of the dividend c...

Bourses  eke out some gains

Bourses eke out some gains

FE Online Report 2018-07-18 11:50:21

Stocks eked out some gains in early hour of trading Wednesday as some investors are showing buying appetite on sectors amid ongoing earnings declaration. Following the previous day’s downturn...

BSEC approves two bonds of Tk 25b, one IPO of Tk 250m

BSEC approves two bonds of Tk 25b, one IPO of Tk 250m

FE Report 2018-07-18 10:43:48

Investment Corporation of Bangladesh (ICB) will issue subordinated bond to raise a capital worth Tk 20 billion for strengthening its market-supportive role, among others. The Bangladesh Securities...

IPO subscription begins July 22 as HC rescinds stay order

IPO subscription begins July 22 as HC rescinds stay order

FE Report 2018-07-18 10:39:15

The IPO subscription of Indo-Bangla Pharmaceuticals Limited will start on July 22 and end on July 26 as a stay order in this regard has been rescinded. There is no bar to conduct the IPO (initial pub...

LDC graduation: Planning minister calls for more int'l support

LDC graduation: Planning minister calls for more int'l support

FE Report 2018-07-18 10:32:41

Planning Minister AHM Mustafa Kamal has urged the global development and trading partners to extend support for Bangladesh during its graduation to a developing nation status. He said, "A growing n...

Bangladesh calls for increased global support during graduation period

Bangladesh calls for increased global support during graduation period

FE Online Report 2018-07-17 20:56:00

Planning Minister AHM Mustafa Kamal urged global development and trading partners to extend support to Bangladesh during its graduation process to developing nation.  “A growing number of...

BB denies gold scam report

BB denies gold scam report

-- 2018-07-17 20:12:53

The Bangladesh Bank has claimed that the gold kept by the customs at the central bank’s vault was not adulterated. The central bank made the statement at a press conference on Tuesday afternoon...

Stocks see mixed trend at midday

Stocks see mixed trend at midday

FE Online Desk 2018-07-17 12:47:27

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw mixed trend in early hours of trading on Tuesday as investors remain cautious in both sides of trading fence. Following th...