BRAC Bank to buy more shares of BRAC EPL Investments The board of directors of BRAC Bank has decided to acquire 14,040,000 more shares of BRAC EPL Investments at BDT 10 each amounting to BDT 140.4 million, stated an official disclosure on Tuesday. It also added that BRAC Bank will

Govt sees reserves to increase to $38.7b by FY ’17 end The government has revised upward its projection of foreign-exchange reserves to US$38.7 billion, with an increase of $8.4 billion, for the current fiscal year. However, analysts have expressed their scepticism about the projection. This, they say, is unlikely to

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.

RMG exports to India grow 165pc in first five months The country’s readymade garment exports to India grew by more than 165 per cent to US$ 232.39 million during the first five months of the current fiscal year (FY 2018-19) over the corresponding period of the last FY. The figure

Banks, NBFIs sign deals to disburse JICA funds A band of 25 banks and 10 non-banking financial institutions (NBFIs) signed participatory agreements with the central bank Monday to disburse funds under a JICA scheme. The main objective of the Urban Building Safety Project (UBSP) is to strengthen RMG building safety