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The Financial Express

Search results for: bangladesh

Shepherd Industries recommends 10pc stock div

Shepherd Industries recommends 10pc stock div

FE Online Report 2017-10-11 01:46:09

The board of directors of Shepherd Industries Limited has recommended 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final approval of d...

SDL recommends 18.50pc dividend

SDL recommends 18.50pc dividend

FE Online Report 2017-10-11 01:35:46

The board of directors of Shasha Denims Limited (SDL) has recommended 12.50 per cent cash and 6.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday....

ICMAB organises  workshop in Ctg  on cost audit

ICMAB organises workshop in Ctg on cost audit

-- 2017-10-10 12:31:10

The Chittagong Branch Council (CBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a workshop titled 'Cost Audit - A Practical Approach' recently at Agrabad, sai...

State-run sugar mills' losses reach Tk 30b

State-run sugar mills' losses reach Tk 30b

Rezaul Karim 2017-10-10 12:30:03

State-run sugar mills' losses are gradually increasing as they are not adjusting production costs with accumulated losses hitting a new high of around Tk 30 billion, officials said. "The cash-strappe...

ACME Laboratories recommends 35pc cash div

ACME Laboratories recommends 35pc cash div

FE Online Report 2017-10-10 12:27:44

The board of directors of ACME Laboratories Limited has recommended 35 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of divide...

Economy faces downside risks

Economy faces downside risks

Siddique Islam 2017-10-10 12:00:00

The country's conomy faces some downside risks in the near term predominantly for an upturn in inflation, says a quarterly review by the central bank. The latest Bangladesh Bank Quarterly (BBQ) outlo...

BD to launch 'Poverty Environment Accounts' system

BD to launch 'Poverty Environment Accounts' system

-- 2017-10-10 12:00:00

The government is going to pilot a “Poverty Environment Accounts (PEA)” system to get coherent quantification and practical link between the poverty and environment aimed at formulating po...

Sponsor-directors go for more bank shares ahead of change in law

Sponsor-directors go for more bank shares ahead of change in law

Mohammad Mufazzal 2017-10-10 12:00:00

The country's capital market has become mostly dependent on the banking sector in recent times mainly due to increased participation in transactions of banks' shares by the sponsor-directors, accordin...

Stocks plunge as panic selling continues

Stocks plunge as panic selling continues

FE Online Report 2017-10-10 12:00:00

Stocks witnessed downward trend in early trading on Tuesday as market reacted negatively to the central bank’s action against the overexposed banks. The capital market has become mostly depende...

Agro investment crosses Tk 603.8b in eight years

Agro investment crosses Tk 603.8b in eight years

-- 2017-10-10 12:00:00

With a view to increasing production of crops and bringing agriculture inputs to the purchasing capacity of farmers, the government has invested Tk 603.8 billion in the last eight years. “The A...

Simtex Industries recommends 12pc div

Simtex Industries recommends 12pc div

FE Online Report 2017-10-09 12:39:18

The board of directors of Simtex Industries Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The fi...

Islami Bank leads DSE turnover chart

Islami Bank leads DSE turnover chart

FE Report 2017-10-09 12:31:32

Top 10 traded companies, including six banks, captured nearly 34 per cent transaction of the Dhaka bourse on Sunday while Islami Bank Bangladesh dominated the chart. The total turnover on the Dhaka S...

PCL  recommends 5pc cash div

PCL recommends 5pc cash div

FE Online Report 2017-10-09 12:16:11

The board of directors of The Peninsula Chittagong Limited has recommended 5.0 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of...

Export earnings drop  9.83pc in Sept

Export earnings drop 9.83pc in Sept

FE Report 2017-10-09 12:00:00

The country's earnings from shipment of merchandise products declined by 9.83 per cent to US$ 2.03 billion in September 2017 over the corresponding month of 2016. The earnings in the third month of t...

Govt earnings from DSE soar 174 per cent in Q1

Govt earnings from DSE soar 174 per cent in Q1

Babul Barman 2017-10-09 12:00:00

The government revenue earnings from the Dhaka bourse marked a 174 per cent rise in first quarter (Q1) for July-September period of the current fiscal year compared to the same quarter a year ago as t...

Stocks plunge as panic seizes investors

Stocks plunge as panic seizes investors

FE Online Report 2017-10-09 12:00:00

Stocks suffered a sharp fall on Monday as investors went on panic sale after Bangladesh Bank (BB) fined seven banks for violating securities rules on share investment. Brokers said the investors went...

Rohingya effect on economy: Academics for more research

Rohingya effect on economy: Academics for more research

-- 2017-10-09 11:53:24

The influx of more than half a million Rohingya refugees from Myanmar since August is having a huge effect on Bangladesh, including on its economy. Many university groups in Bangladesh are protes...

Far East Knitting recommends 15pc stock div

Far East Knitting recommends 15pc stock div

FE Online Report 2017-10-08 12:00:00

The board of directors of Far East Knitting & Dyeing Industries has recommended 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final...

First 15 minutes see addition of 28 points on DSE

First 15 minutes see addition of 28 points on DSE

FE Online Report 2017-10-08 12:00:00

The prices of most of the shares on both bourses witnessed upward trend in early trading on Sunday as investors continued their buying appetite on sector-specific stocks. Following the previous week&...

Dhaka stocks end flat after bumpy ride

Dhaka stocks end flat after bumpy ride

FE Online Report 2017-10-08 12:00:00

Dhaka stocks ended almost flat in green Sunday after volatile trading as investors were active both sides of trading fence throughout the trading session. Market insiders said the optimistic investor...

Export earnings drop by 10pc in September

Export earnings drop by 10pc in September

-- 2017-10-08 12:00:00

Export earnings of Bangladesh dropped to $2.03 billion last month, which is around 10 per cent less than the same month last year. It also missed the target by 28 per cent, the Export Promotion Burea...

Stock market needs listing of sound cos

Stock market needs listing of sound cos

FE Report 2017-10-08 11:06:36

Discussants have said the country's capital market needs listing of more good companies to fetch more foreign investments. They stressed on importance of companies having good fundamentals on Saturd...

Bangladesh pharma cos eye  Qatar market

Bangladesh pharma cos eye  Qatar market

-- 2017-10-08 09:04:29

As part of expanding its global footprint, Bangladesh’s fast-growing pharmaceutical sector is looking for opportunities in Qatar, ording to a report by www.thepeninsulaqatar.com.   A &l...

Govt borrows $1.0b loan for six entities

Govt borrows $1.0b loan for six entities

Rezaul Karim 2017-10-07 12:25:48

The government has borrowed nearly US$ 1.0 billion (100 crore) from international lenders in favour of its different entities, officials said. In late September, the standing committee on non-concess...

Deferred new VAT law faces further vetting

Deferred new VAT law faces further vetting

Doulot Akter Mala 2017-10-07 12:00:00

Government's revenue authorities have decided to conduct afresh an impact assessment of the new VAT law, pending its now-deferred enforcement, as skepticism cropped up. Sources said the National Boar...

City Bank appoints Adil Islam as AMD

City Bank appoints Adil Islam as AMD

FE Online Desk 2017-10-07 09:52:22

City Bank has recently appointed Adil lslam as its Additional Managing Director. He has more than 26 years of banking and business leadership experience, gained through working in various internationa...

Mercantile Bank holds Business Review Meeting

Mercantile Bank holds Business Review Meeting

FE Online Desk 2017-10-07 09:34:49

The ‘Business Review Meeting’ of Mercantile Bank Limited was held Saturday at Radisson Blu Water Garden Hotel in the city. A total of 119 branch managers, All Divisional Heads and Executiv...

In-house training adds to RMG benefits: ILO

In-house training adds to RMG benefits: ILO

-- 2017-10-07 09:25:50

When skill shortage is seen a major constraint to steady growth of the country's apparel industry, in-house training for skill development of garment employees and workers has become a panacea bringin...

BSEC should exercise ‘its full  power’ without looking to govt

BSEC should exercise ‘its full power’ without looking to govt

FE Report 2017-10-06 12:00:00

The securities regulator BSEC should exercise its full power for the sake of development of the country's capital market, said State Minister for Finance MA Mannan on Thursday. He was speaking at a s...

Private sector credit growth rises notably, crosses target

Private sector credit growth rises notably, crosses target

-- 2017-10-06 09:52:14

Private sector credit growth increased significantly in August mainly due to higher trade financing by banks for settling import payment obligations, officials and bankers said. The growth in credit...