Turnover at Dhaka bourse drops 15pc The Dhaka bourse witnessed a 15 per cent fall in turnover yesterday because of thin participation of institutional investors. Turnover, one of the important indicators of the stock market, hit Tk 786 crore yesterday, down from Tk 928 crore on the previous trading day.Robi

Govt earns Tk 300m revenue in 12 days Some 20 thousand metric tons of foods and raw materials worth $ 2,85,908 have been imported from India by rail through Benapole port in the last 12 days. The government earned a revenue of Tk 300 million (30 crore) and the railway

MFIs seek Tk 225b refinance fund The country’s microfinance institutions, or MFIs, have sought Tk 225 billion refinancing fund as stimulus package to overcome the economic losses from the coronavirus pandemic. Credit and Development Forum, or CDF, a national grouping of the MFIs, has sent letters to government high-ups, including

Banks’ provision shortfall shrinks by 18pc in Q4 The shortfall in provisions against loans, mostly classified ones, in the banking system has narrowed by over 18 per cent in the fourth quarter of 2019 on the back of lower growth in default loans. The overall shortfall came down to Tk

Active BO accounts down 7.25pc in 2019 The number of active BO accounts declined 7.25 per cent in the just concluded calendar year from the number of accounts observed at the end of previous year. The officials familiar with the matter said a good number of BO accounts were closed