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

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

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

Forex reserve hits record $46b Bangladesh’s foreign exchange reserve yesterday hit a record high of $46 billion thanks to the upward trend of remittance. The reserves, one of the major macroeconomic indicators of an economy, went up 23.6 per cent in the last one year to stand at $36.03 billion

Stock profit booking continues A tendency to take out profits continued to prevail in the stock market yesterday as had been in the last couple of days. The DSEX, the Dhaka Stock Exchange’s (DSE) benchmark index, dropped 48.71 points, or 0.83 per cent, to 5,801.72 yesterday. Institutional investors are also