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Search results for: Bangladesh

Eastern Housing recommends 22pc cash dividend

Eastern Housing recommends 22pc cash dividend

FE Online Report 2017-09-17 07:23:50

Eastern Housing Limited (EHL)’s board of directors recommended 22 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday.   The final approval o...

Stocks’ record rally continues as bank shares shine

Stocks’ record rally continues as bank shares shine

FE Online Report 2017-09-17 04:38:44

Dhaka stocks continued to break the previous records, as all three indices and market capitalisation of the prime bourse hit a record high Sunday.   Brokers said the market maintained the upbea...

Stocks extend rally for fourth week

Stocks extend rally for fourth week

Babul Barman 2017-09-16 12:00:00

The Dhaka bourse passed another buoyant week that ended Thursday with the core index of the prime bourse exceeding the 6,200-mark for the first time since its inception in January 2013.   Marke...

Move to build Ctg-Cox's Bazar rail link progresses

Move to build Ctg-Cox's Bazar rail link progresses

-- 2017-09-15 05:19:48

Government’s initiatives to build a rail link between Dhaka and Cox’s Bazar progress. Two agreements in this connection were signed Thursday and another will be signed Saturday.   T...

ECNEC approves 10 projects involving Tk 51.81 billion

ECNEC approves 10 projects involving Tk 51.81 billion

FE Report 2017-09-14 12:00:00

The government approved Wednesday ten development projects involving a total cost of Tk 51.81 billion.   With Prime Minister Sheikh Hasina presiding, the Executive Committee of the National Eco...

DSEX exceeds 6200-mark   

DSEX exceeds 6200-mark  

FE Online Report 2017-09-14 12:00:00

Dhaka stocks continued to break the previous records with the key index of the major bourse crossing the 6200-mark, as investors continued their large-cap stock buying spree.     Dealers...

Bourses witness positive trend

Bourses witness positive trend

FE Online Report 2017-09-14 11:30:53

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Thursday as investors were on sector-wise large-cap stocks.   Following the previous day&rsquo...

BD to import 1.4m mts fertilizer

BD to import 1.4m mts fertilizer

-- 2017-09-14 10:03:20

Bangladesh will import 1.4 million tonnes (mt) of fertilizer from Tunisia Saudi Arabia and Morocco during the 2017-18 fiscal year to meet the demand of farmers, an official document of the Ministry of...

Stocks rebound strongly riding on banks

Stocks rebound strongly riding on banks

FE Online Report 2017-09-13 12:00:00

Stocks rebounded strongly on Wednesday, snapping two-day losing streak with three indices and market of the major bourse hitting a record high.   Brokers said the market returned to higher as i...

India eyes product pipeline to Bangladesh, Myanmar

India eyes product pipeline to Bangladesh, Myanmar

-- 2017-09-13 11:20:01

  Bangladesh and India are in advanced stages of finalizing a project deal on product pipeline.   Bharat Petroleum (BPCL) is in talks with the Bangladesh government to set up around a 1.0...

DSE, CSE rise at midday trading

DSE, CSE rise at midday trading

FE Online Report 2017-09-13 01:13:06

Stocks witnessed upward trend at midday, after first two hours of trading Wednesday, as investors are taking position on large-cap banks issues.   Following the previous two days’ mild co...

Central bank decides to keep watchful eye on exposure of banks

Central bank decides to keep watchful eye on exposure of banks

Siddique Islam 2017-09-12 12:00:00

The central bank has decided to strengthen monitoring of commercial banks' exposure to share market with a view to avoiding recurrence of an unwanted situation, officials said.   Under the late...

Dhaka, Chittagong bourses open positive

Dhaka, Chittagong bourses open positive

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

The prices of most of the shares on both bourses witnessed a positive trend in the first hour of trading Tuesday amid volatility as some investors were active on sector-wise issues.   After fac...

Stocks close flat amid high turnover   

Stocks close flat amid high turnover  

FE Online Report 2017-09-12 05:34:23

Stocks closed almost flat on Tuesday amid volatile trading as investors were active on both sides of the trading fence throughout the session.     Dealers said some investors preferred pr...

Another N power plant  in southern region: PM

Another N power plant in southern region: PM

-- 2017-09-11 12:00:00

Prime Minister Sheikh Hasina said Sunday that another nuclear power plant would be set up in the southern region for which the government is working to select an island there, reports UNB.   Sh...

Stop loan concentration in few big businesses

Stop loan concentration in few big businesses

FE Report 2017-09-11 12:00:00

The central bank asked the commercial banks to avert loan concentration in single big groups or sectors through diverting their investment portfolios to minimise default risks. In another major dir...

Tax receipts from DSE jump 170pc in two months

Tax receipts from DSE jump 170pc in two months

FE Report 2017-09-11 12:00:00

The government's revenue earnings from the major bourse marked a whopping 170 per cent rise in the first two months of the current fiscal year (FY) compared to the same period a year ago amid rising t...

Stocks witness mild correction after record high

Stocks witness mild correction after record high

FE Online Report 2017-09-11 12:00:00

Stocks witnessed a marginal correction on Monday, snapping the record rally as late hours sale pressure wiped out all the early gains.   Brokers said the market finished in the red as optimisti...

Country’s total power generation capacity stands at 15761MW

Country’s total power generation capacity stands at 15761MW

-- 2017-09-11 12:00:00

The total power generation capacity of the country now stands at 15,761 MW. This was disclosed by Power Division Secretary Dr Ahmad Kaikaus while he made a power-point presentation on the power sec...

Northern Jute recommends 40pc dividend

Northern Jute recommends 40pc dividend

FE Online Report 2017-09-11 01:23:48

The board of directors of Northern Jute Manufacturing Company Limited has recommended 20 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure o...

DSE, CSE rise on buying binge

DSE, CSE rise on buying binge

FE Online Report 2017-09-11 01:08:09

The prices of most of the shares on both bourses maintained the upward trend in early hour of trading Monday as investors continued their buying binge on large-cap issues.   After hitting all-t...

Stocks mostly higher in early trading Sunday

Stocks mostly higher in early trading Sunday

FE Online Report 2017-09-10 12:08:36

The prices of most of the shares on both bourses saw an upward trend in the first hour of trading Sunday as investors continued their buying binge on sector-wise stocks.   Following the previou...

High-level meet to review progress of mega projects

High-level meet to review progress of mega projects

FHM Humayan Kabir 2017-09-10 12:00:00

Nearly a dozen cost-intensive mega projects are up for a review for accelerating their execution, as the government nears end of its present term.   A high-level meeting scheduled for Wednesday...

Summit Power recommends 30pc cash dividend

Summit Power recommends 30pc cash dividend

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

The Board of Directors of Summit Power recommended 30 per cent cash dividend for the 18-month period ended on June 30, 2017.   The final approval of the recommendation will come during the Annu...

Indian minister to visit Dhaka for diesel pipelines deal

Indian minister to visit Dhaka for diesel pipelines deal

-- 2017-09-10 11:28:39

Indian Petroleum Minister Dharmendra Pradhan will soon visit Dhaka to sign an agreement with Bangladesh for diesel exports through pipelines.   Dhaka has already agreed to New Delhi's proposal...

DSE indices reach new high

DSE indices reach new high

-- 2017-09-10 09:32:34

The major price indices of Dhaka Stock Exchange (DSE) reached a new high on Sunday on higher activities of some large cap securities. DSEX finished the day with 52.50 points up at 6,167.49 which were...

Govt will ask dev partners to increase funding

Govt will ask dev partners to increase funding

Mehdi Musharraf Bhuiyan 2017-09-09 12:00:00

The government will ask its development partners this week to realign their country strategies with enhanced funding provisions as it is looking to generate billions more in foreign aid for implementi...

Weekly analysis: DSE market cap, indices hit record high

Weekly analysis: DSE market cap, indices hit record high

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

The Dhaka bourse passed an eventful week that ended Thursday, as the core index of the prime bourse exceeded 6,100-mark for the first time since its inception in January 2013.   Market insiders...

Agencies need $77m for Rohingyas: UN

Agencies need $77m for Rohingyas: UN

-- 2017-09-09 12:00:00

Humanitarian agencies operating in Cox’s Bazar urgently need US $77 million to assist the people who have fled violence in Myanmar, the United Nations says. “The rapid movement of people...

Govt sets ambitious soft aid flow target this fiscal

Govt sets ambitious soft aid flow target this fiscal

FHM Humayan Kabir 2017-09-09 10:07:59

The government eyes disbursement of nearly US$7.0-billion concessional foreign assistance this financial year, an ambitious 35 per cent rise over last fiscal, to meet huge fund needs. Even, officia...