ABB elects new board of governors The Association of Bankers, Bangladesh Limited (ABB) held its 20th Annual General Meeting (AGM) at MTB Tower in the city Saturday, said a statement. A new Board of Governors for the association was elected at the AGM, which will remain in office for the

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

BB projects over 7pc growth but remittance poses risk Bangladesh Bank has projected that the growth of the country’s gross domestic product would be more than 7 per cent in the current fiscal year, but a negative growth in inward remittance and a moderate export growth might create downside risks.

Further depreciation of BDT likely if trade deficit widens The ministry of finance (MoF) foresees the necessity of depreciating taka further if Bangladesh’s external financial imbalance intensifies in the second half of this fiscal year, officials said. Taka depreciated by 5.0 per cent against greenback in 2017. The worries crop

Remittances to developing nations fall in 2016 – WB: Bangladesh sees 11.1% decline Remittances to developing countries fell for a second consecutive year in 2016, a trend not seen in three decades, according to a report by the World Bank, reports bdnews24.com. Remittances to developing countries fell by 2.4% between