Private sector can help improve infrastructure: IDB president Islamic Development Bank President Bandar Hajjar yesterday stressed the importance of the private sector to improve the basic infrastructure in its member countries and achieve the Sustainable Development Goals (SDGs). Fifty-seven member countries of the IDB require $1 trillion per annum to

Dhaka Stock Exchange ends flat The Dhaka bourse Sunday closed flat following the mixed performance played by major sectors. On the day, the turnover value crossed Tk 10 billion-mark after six sessions, as investors’ participation increased on Dhaka Stock Exchange (DSE). The banking sector witnessed correction, whereas other major sectors

No cut in yield rates on savings tools: NBR chief National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said the government has no plan to reduce the yield rates on state-owned savings certificates. “We will try to keep unchanged the existing rates of yield on government’s savings instruments to

Tk 342cr deposited in schoolchildren’s accounts in 2017 The total deposits in the bank accounts owned by schoolchildren in the country increased by 33.52 per cent or Tk 342 crore to Tk 1,363 crore as of December 31, 2017 from that of Tk 1,021 crore as of December 31, 2016.

New monetary policy to be contractionary, ‘growth-friendly’ Bangladesh Bank is preparing a contractionary monetary policy statement (MPS) for the second half of the current fiscal year to control the supply of credits and inflation in a bid to maintain economic stability, according to officials. The new monetary policy is expected