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The Financial Express

Search results for: bangladesh

Federal Insurance recommends 5.0pc dividend

Federal Insurance recommends 5.0pc dividend

FE Online Report 2018-04-26 12:08:14

The board of directors of Federal Insurance Company Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The final app...

BGIC recommends 10pc cash dividend

BGIC recommends 10pc cash dividend

FE Online Report 2018-04-26 12:02:43

The board of directors of Bangladesh General Insurance Company (BGIC) has recommended 10 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The f...

Stocks nudge higher at opening

Stocks nudge higher at opening

FE Online Report 2018-04-26 11:34:05

Stocks nudged higher at the early hour of trading Thursday as some investors are active on sector-wise stocks amid ongoing quarterly earnings declaration. Following the previous day’s positiv...

Phoenix Finance recommends 20pc cash dividend

Phoenix Finance recommends 20pc cash dividend

FE Online Report 2018-04-26 10:23:36

The board of directors of Phoenix Finance and Investment Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come during...

BSEC to include suggestions from trade, corporate bodies

BSEC to include suggestions from trade, corporate bodies

FE Desk 2018-04-26 10:16:26

Bangladesh Securities and Exchange Commission (BSEC) will finally incorporate the rational suggestions in the draft Code of Corporate Governance (CCG), proposed by the different trade and corporate...

Padma Bridge land acquisition: Ministry sticks to demand for addl fund

Padma Bridge land acquisition: Ministry sticks to demand for addl fund

FHM Humayan Kabir 2018-04-26 10:02:49

Road Transport and Bridges Ministry is sticking to its demand for an additional allocation of Tk 14 billion to acquire more land for the Padma Bridge project despite reservation expressed by a gover...

RJSC seeks info on default loan status from BB

RJSC seeks info on default loan status from BB

FE Report 2018-04-26 09:52:34

The Office of the Registrar of Joint Stock Companies and Firms (RJSC) has sought information on default loans urgently from the central bank for checking loan portfolio of aspirant directors of regist...

FDI flow drops by 7.7pc last year

FDI flow drops by 7.7pc last year

Asjadul Kibria 2018-04-26 09:37:17

Net inflow of foreign direct investment in the country declined by 7.72 per cent last year, with officials attributing the drop-off to geo-political tension, the central bank has said. Statistics ava...

FSIBL recommends 10pc stock dividend

FSIBL recommends 10pc stock dividend

FE Online Report 2018-04-25 17:11:14

The board of directors of First Security Islami Bank Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2017. An official disclosure on Wednesday said, the final ap...

Stocks return to green snapping three-day losing streak

Stocks return to green snapping three-day losing streak

FE Online Report 2018-04-25 17:03:39

Stocks returned to the green on Wednesday, snapping a three-day losing, as some investors went on late hours buying spree on sector-wise stocks. Dealers said the market rebounded as optimistic invest...

BSEC to consider ICAB’s findings in proposed Code of Corporate Governances

BSEC to consider ICAB’s findings in proposed Code of Corporate Governances

FE Online Desk 2018-04-25 13:52:59

Bangladesh Securities and Exchange Commission (BSEC) will finally incorporate the rational suggestions in the draft Code of Corporate Governances (CCG), proposed by the different trade and corporate b...

EBL recommends 20pc cash dividend

EBL recommends 20pc cash dividend

FE Online Report 2018-04-25 12:26:17

The board of directors of Eastern Bank Limited (EBL) has recommended 20 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final approval of...

Stocks creep higher in early trading

Stocks creep higher in early trading

FE Online Report 2018-04-25 11:39:51

Stocks crept higher in the early hour of trading Wednesday as some investors are active on sector-wise stocks amid ongoing quarterly earnings declaration. Following the previous three days’ cor...

Heidelberg Cement recommends 150pc dividend

Heidelberg Cement recommends 150pc dividend

FE Online Report 2018-04-25 11:10:02

The board of directors of Heidelberg Cement Bangladesh Limited has recommended 150 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final...

Jute Spinners' share price soaring sans PSI

Jute Spinners' share price soaring sans PSI

FE Report 2018-04-25 10:41:53

Share price of Jute Spinners, a "Z" category company, is soaring despite the company's production suspended nearly two years since June 2016. Within three consecutive sessions, the company's share...

BDT demand in money market dips

BDT demand in money market dips

Siddique Islam 2018-04-25 10:31:41

The demand for Bangladesh Taka (BDT) in the money market fell drastically mainly due to the recent slash of the cash reserve requirement (CRR) by 1.0 percentage by the central bank. Both the weighted...

GP tops DSE turnover chart

GP tops DSE turnover chart

FE Report 2018-04-25 10:26:34

Grameephone (GP), the largest market-cap listed company, dominated the Dhaka bourse's transaction chart Tuesday, while ten top-traded companies accounted for 32 per cent of the total transaction. Mar...

Revenue shortfall forces govt to wind down budget

Revenue shortfall forces govt to wind down budget

Doulot Akter Mala 2018-04-25 09:59:54

The government has wound down this fiscal year's budget by 7.25 per cent to Tk 3.71 trillion after a large shortfall in internal revenue collection and lower execution of development work. In June la...

Reserve heist: Bangladesh wants to settle issue out of court

Reserve heist: Bangladesh wants to settle issue out of court

Syful Islam 2018-04-25 09:47:43

As the legal procedure is taking a long time to get back stolen reserve money from the Philippines, the government of Bangladesh is keeping its option open for settling the issue out of court, officia...

Service sector boosts employment

Service sector boosts employment

-- 2018-04-24 17:46:53

Service sector is fast catching up to the agriculture sector in terms of generating maximum number of employments in Bangladesh. Service sector's contribution to employment generation marked a remark...

DSEX dips below 5,800-mark again

DSEX dips below 5,800-mark again

FE Online Report 2018-04-24 16:04:36

Stocks continued to slip for the third straight session Tuesday with key index of the major bourse dipping below 5,800-mark again as risk-averse investors booked profit on sector-wise stocks. Market...

BSEC forms body to probe six cos’ unusual price hike

BSEC forms body to probe six cos’ unusual price hike

FE Online Report 2018-04-24 11:51:11

Bangladesh Securities and Exchange Commission (BSEC) has formed a three-member inquiry committee to investigate into recent unusual movement in price and volume of shares of six listed companies. T...

ICAB suggests gradual cutback on corporate tax

ICAB suggests gradual cutback on corporate tax

FE Report 2018-04-24 10:33:05

Chartered accountants on Monday suggested the government set a national revenue target and distribute it among the tax offices in a logical manner. The revenue target and distribution of the targ...

India mulls investment in BD's three economic zones

India mulls investment in BD's three economic zones

Our Correspondent 2018-04-24 10:18:34

CHATTOGRAM: A delegation of Bengal Chamber of Commerce and Industry from Kolkata has visited the Chittagong Chamber of Commerce and Industry (CCCI) at the World Trade Centre in the city. The 15-membe...

Modern Steel to submit IPO proposal soon

Modern Steel to submit IPO proposal soon

FE Report 2018-04-24 09:40:40

Modern Steel Mills Limited will submit the IPO (initial public offering) proposal to the securities regulator soon as the company has already completed the road show. As part of going public under...

Manpower export to UAE to begin within three months

Manpower export to UAE to begin within three months

FE Online Report 2018-04-23 17:39:54

The UAE will start recruiting Bangladeshi workers within the next three months, said expatriates’ welfare minister Nurul Islam BSC on Monday. He said it while addressing a press conference at t...

Stocks renew slide in volatile trading

Stocks renew slide in volatile trading

FE Online Report 2018-04-23 15:42:28

Stocks renewed slide for the second day in a row on Monday as investors followed cautious stance amid ongoing quarterly earnings declaration. Analysts said investors mostly followed ‘wait-and...

BMBA holds 13th AGM

BMBA holds 13th AGM

FE Online Report 2018-04-23 13:05:39

Bangladesh Merchant Bankers Association (BMBA) held its 13th annual general meeting (AGM) on Saturday at FARS Hotel & Resorts in Dhaka. The meeting was presided over by Mr. Mohammed Nasir Uddin C...

Aamra to set-up state-of-the-art SOC

Aamra to set-up state-of-the-art SOC

FE Online Report 2018-04-23 11:53:43

Aamra Technologies to establish a state-of-the-art ‘Security Operation Center (SOC)’ at Sheikh Hasina Software & Technology Park in collaboration with PricewaterhouseCoopers(PwC) Ban...

Stocks lose ground in skittish trading

Stocks lose ground in skittish trading

FE Online Report 2018-04-23 11:31:26

Stocks lost ground Monday morning in skittish trading as investors mostly followed cautious stance amid ongoing quarterly earnings declaration session. Following the previous day’s correction...