Biman reports Tk 2.72b Profit in FY ’19  Biman Bangladesh Airlines has reported a Net Profit of Tk 2.72 billion in the last fiscal year (FY 2018-19), according to an unaudited financial report of the company. Biman has automated the ticketing system, taken various steps for improving passenger service, purchased

Govt looks to simplify rules as FDI plummets 13.8pc Gross inflow of foreign direct investment to Bangladesh fell 13.8 per cent to $3.73 billion in the first 11 months of last fiscal year, largely owing to the coronavirus pandemic, which came as a shock to foreign investors. The drop would

Exports exceed target, fetch $30.9b in nine months Earnings from the country’s merchandise exports in the first nine months of the current fiscal year (FY), 2018-19, increased to US$ 30.90 billion, registering a modest growth of about 13 per cent over the same period of the previous fiscal. The country

BB seeks info on demonetised Indian rupee notes The central bank of Bangladesh Wednesday sought from all scheduled banks the relevant information about the volume of Indian rupee notes of 500 and 1000 denominations held by them. The notes were demonetised Tuesday night. “We’ve already contacted different banks, including the

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.51% (Oct 25 ’18) 3.67% (Oct 18 ’18) 0.16 Call Money Lending (Crore BDT) 5,160.72 (Oct 25’18) 6,814.22 (Oct 18’18) 24.26% Prices Weighted Average Deposit Rate 5.27% (Oct 25’18) 5.36% (Oct 18’18) 0.09% Weighted Average Lending Rate 9.46%