BD set to be 24th largest economy in 2033 Bangladesh is set to become the 24th largest economy in the next 15 years, according to a new analysis by a UK-based research firm. The country, ranked 43rd in the globe in 2018 for its higher economic growth, may improve its

BB finalises Gold Dealer Guideline The central bank has finalised a guideline for appointing authorised gold dealers (AGDs), who will be eligible to import gold bars directly. Under the guideline, authorised dealer (AD) banks or individually-owned firms, or joint ventures or limited companies will be eligible to apply to the

Stocks barely gain for 2nd week riding on banking sector DSEX, the key index of Dhaka Stock Exchange, added 0.13 per cent or 7.21 points over the week to finish at 5,407.01 points on Thursday, the last trading session of the week after gaining 94.62 points in the previous week.

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.83% (Nov 29 ’17) 3.80% (Nov 22’17) 0.03% Call Money Lending (Crore BDT) 4,893.00 (Nov 29’17) 4,977.00 (Nov 22’17) 1.69% Prices Weighted Average Deposit Rate 4.89% (Oct ’17) 4.90% (Sep ’17) 0.01% Weighted Average Lending Rate 9.39% (Oct

Government’s wholesale approval pushes insurers into unhealthy race The country’s insurance sector is going through a tough time as wholesale approval to insurance companies by the Awami League-led government at the far end of its last term pushed the insurers into an unhealthy competition for survival, senior officials of insurance