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Three firms declare first quarter earnings

Three firms declare first quarter earnings

FE Online Report 2017-11-13 02:26:53

Three companies publicly listed in the Pharmaceuticals and Chemicals sector of Dhaka Stock Exchange (DSE) have declared their earnings for the first quarter (Q1) of fiscal year 2017. The Acme Labora...

Transport crisis hits commuters

Transport crisis hits commuters

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

The commuters of Narayanganj district are facing enormous sufferings as a very few public transports were allegedly leaving the district for the capital since Sunday morning ahead of the BNP's rally a...

Banks lack remedial strategy while NPL rises worryingly

Banks lack remedial strategy while NPL rises worryingly

Mehdi Musharraf Bhuiyan 2017-11-12 12:00:00

Some of Bangladesh's banks don't have 'in-depth' look into the problem of spiraling non-performing loans (NPL) while many others try to frame remedial strategies perfunctorily. Such observations came...

Govt seeks US$1.83b under 39th Japanese ODA package

Govt seeks US$1.83b under 39th Japanese ODA package

FHM Humayan Kabir 2017-11-12 12:00:00

The government has sought around US$1.83 billion worth of assistance from Japan for bankrolling six development projects, officials said Saturday. Officials at the Ministry of Finance (MoF) said they...

BMBA urges Muhith to exempt investments by MF sponsors

BMBA urges Muhith to exempt investments by MF sponsors

Mohammad Mufazzal 2017-11-12 12:00:00

Bangladesh Merchant Bankers Association (BMBA) has urged the finance minister to exclude some components, including sponsors' investments in mutual funds (MFs), from the banks' exposure to the capital...

17 companies declare earnings per share

17 companies declare earnings per share

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

Dhaka Stock Exchange today published the EPS of 17 companies. The following table shows the current situation of EPS compared to the last year. ICB, IFADAUTOS, NPOLYMAR, APOLOISPAT, BSCCL, and EN...

Eastern Housing  approves 22pc cash div

Eastern Housing approves 22pc cash div

FE Online Desk 2017-11-12 11:55:18

The 53rd Annual General Meeting of Eastern Housing Limited was held recently in Dhaka. Manzurul Islam, Chairman of Eastern Housing Limited presided over the meeting. The shareholders approved 22...

DSEX exceeds 6,200-mark in early trading

DSEX exceeds 6,200-mark in early trading

FE Online Report 2017-11-12 11:32:05

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading Sunday as investors are active on sector-wise stocks. Following the previous week’s upturn, D...

DSEX exceeds 6,200-mark once again

DSEX exceeds 6,200-mark once again

-- 2017-11-12 06:35:40

Stocks extended the winning spell for the fifth straight session on Sunday as enthusiastic investors continued their buying appetite on bank and telecommunication issues. Market operators said the po...

Western Marine to issue rights

Western Marine to issue rights

FE Online Report 2017-11-12 01:00:44

The board of directors of Western Marine Shipyard has decided to raise the paid-up capital of the company by way of offering rights shares, said an official disclosure on Sunday. The board has decide...

Q1 EPS of AAMRANET rises by 60 per cent

Q1 EPS of AAMRANET rises by 60 per cent

FE Online Report 2017-11-11 12:14:54

Earnings Per Share (EPS) of AAMRANET increased by 60 per cent to Tk 1.18 for Q1 2017 as against Tk. 0.58 for Q1 2016. This is attributed to a 102.4 per cent rise in net profits after income tax from...

Maintenance mess leaves  highways in a shambles

Maintenance mess leaves highways in a shambles

FHM Humayan Kabir 2017-11-11 12:00:00

Highways across the country seem to be in a shambles for neglect of maintenance despite a gigantic jump in allocations during five years, officials said. They said there had been substantially increa...

How to select a mutual fund

How to select a mutual fund

S M Samiuzzaman Aabir 2017-11-11 12:00:00

Five close-end mutual funds listed in Dhaka Stock Exchange (DSE) have published their unaudited quarterly financial statements for Q1 (July-September) of 2017. The five funds are: AB Bank First Fund...

Six million people working in country’s poultry industry

Six million people working in country’s poultry industry

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

The poultry sector of Bangladesh has employed around six million people, of whom 40 per cent are women. These people are employed either directly or indirectly. The investment in the industry is abo...

Summit Group entities to issue preference shares worth $12.50m

Summit Group entities to issue preference shares worth $12.50m

FE Desk 2017-11-11 12:00:00

A subscription closing ceremony to raise capital through issuance of Preference Shares worth BDT 1,000 million (USD 12.50 million) for Summit Barisal Power Limited & Summit Narayanganj Power Uni...

Stocks nudge higher as bank, telecom issues surge

Stocks nudge higher as bank, telecom issues surge

Babul Barman 2017-11-11 11:51:03

Stocks extended the winning streak for the two consecutive weeks that ended Thursday as enthusiastic investors continued their buying appetite on bank and telecommunication issues. Market operators...

Gas crisis hurting output  in industrial belt

Gas crisis hurting output in industrial belt

Nashir Uddin 2017-11-10 12:32:25

Factories in the country's Tongi-Gazipur industrial belt have been facing acute gas crisis over the past few months following diversion of gas to 'upstream' power plants. The crisis has deteriorated...

Ten cos grab 32pc turnover on DSE

Ten cos grab 32pc turnover on DSE

FE Report 2017-11-10 12:09:42

The banking sector continued to dominate the transaction chart of the Dhaka Stock Exchange (DSE), accounting for 39 per cent of the total turnover on Thursday. Four banks made their way to the top 10...

Floods affect country’s food production: FAO

Floods affect country’s food production: FAO

-- 2017-11-10 12:00:00

A sequence of floods has dampened the outlook for Bangladesh, likely translating into a third successive season of little or negative food production growth, mainly rice, says UN agency FAO. Barring...

Switzerland favours improving investment climate in Bangladesh

Switzerland favours improving investment climate in Bangladesh

-- 2017-11-10 12:00:00

Switzerland Ambassador to Bangladesh Rene Holenstein has laid emphasis on improving investment climate in Bangladesh as he sees economic opportunities here.  In an interview with UNB, Ambassador...

RHD projects likely to be costlier soon

RHD projects likely to be costlier soon

Munima Sultana 2017-11-09 12:00:00

Building roads and bridges in the public sector is likely to cost the government more in the future days as a move is underway to revise upward the prices of construction materials, sources said. The...

DSE turnover scales Tk 8.0b mark

DSE turnover scales Tk 8.0b mark

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

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 8.0-billion mark Thursday after one month as investors put fresh stakes on stocks. Turnover, a crucial indicator of the market, stood a...

Four months’ export earnings rise to $11.5b

Four months’ export earnings rise to $11.5b

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

The country's export earnings during the first four months of the fiscal year 2017-18 grew by 7.03 per cent to $11.50 billion. Official data released on Thursday said the earnings were $10.79 billion...

Stocks rise amid low turnover

Stocks rise amid low turnover

FE Online Report 2017-11-09 11:25:07

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Thursday as investors are active on sector-wise stocks. Following the previous three days’ uptur...

Three more cos recommend dividend

Three more cos recommend dividend

FE Online Report 2017-11-09 10:44:52

The board of directors of three more listed companies –Meghna Petroleum, Keya Cosmetics and Eastern Cables– have recommended dividend for the year ended on June 30, 2017, according to sepa...

Govt not to give state-owned factory lands

Govt not to give state-owned factory lands

-- 2017-11-09 08:32:14

Industries Minister Amir Hossain Amu has said that the government will not hand over land of state-owned factories to the private sector. "The unused land of the state-owned factories will be used fo...

Five mutual funds declare earnings

Five mutual funds declare earnings

FE Online Report 2017-11-09 01:19:56

Five mutual funds have declared their latest earnings recently. Analysis of the data published on Dhaka Stock Exchange (DSE) revealed that both EBLNRBMF and PHPMF1 have an EPU (earning per unit) of...

PADMAOIL reports earnings growth in Q1

PADMAOIL reports earnings growth in Q1

FE Online Report 2017-11-09 01:04:07

Padma Oil (PADMAOIL) reported their unaudited Q1 earnings, according to Dhaka Stock Exchange (DSE) website. Their reported EPS for July to September 2017 increased to Tk. 6.32 in comparison to Tk. 5...

Shahbazpur gas may remain unutilised for poor demand

Shahbazpur gas may remain unutilised for poor demand

M Azizur Rahman 2017-11-08 12:00:00

The new-found natural gas in a well at Shahbazpur of Bhola gas field might remain unutilised for a long period due to a very limited demand in the island that is not connected to the national gas grid...

Customs scraps Golden Son licence, slaps fine

Customs scraps Golden Son licence, slaps fine

-- 2017-11-08 12:00:00

Customs authorities have scrapped the bonded warehouse licence of Golden Son Ltd and fined the compnay about Tk 433 million. Customs took the punitive action against the Golden son - a manufacturer...