Top ten traded companies grab 40pc turnover Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. The company’s share closed at Tk 121.20 on Tuesday, soaring 6.69 per cent over the previous day.

Weak taka cheers up remitters Remittance income rose 27.64 percent year-on-year to $1.21 billion in November, as the depreciation of the taka against the American dollar made sending money to Bangladesh more lucrative, according to data from the central bank. November’s inflows was also 4.47 percent higher than that of

Bangladesh Bank sells $24m more to three banks The central bank of Bangladesh has sold US$24 million more to three commercial banks to meet the growing demand for the greenback in the market. “We’ve sold the foreign currency to the banks on Tuesday at market rate to settle import payment

Three more banks coming up soon according to the Finance Minister Finance Minister said that the government is going to give license for establishing three more banks, ruling out any mess in the country’s banking sector. Defending the government move for allowing more banks in business, the Finance Minister said

Dhaka Bank launches app-based reverse factoring transaction Dhaka Bank Limited launched first-ever Mobile App-based Reverse Factoring transaction in Bangladesh with technical assistance by Infini Systems Pvt. Ltd. at the bank’s corporate office on Thursday, according to a statement. The bank, buyers and sellers can complete all dealings using this mobile