Remittance floating uphill Remittance continued its upward trend last month, with migrant workers sending home 3 per cent more than they did a year earlier, in what can be viewed as the perfect foil to the sliding exports, the other source of foreign exchange for the government. Export earnings fell

Stocks keep gaining amid optimism Stocks continued gaining momentum for the fifth straight session on Monday as investors kept their buying binge on sector-wise shares amid growing confidence in the market. DSEX, the prime index of the Dhaka Stock Exchange, went up by 33.98 points or 0.71 per cent to

Sept NPLs drop 2.0pc The default loans dropped slightly in September last as the central bank suspended the routine exercise of classification to help businesses overcome the adverse impact of Covid-19 pandemic. The volume of non-performing loans (NPLs) fell by nearly 2.0 per cent or Tk 16.76 billion to Tk

Banking, major sectors see profit booking Stocks ended marginally lower on Sunday, after a single-day break, as cautious investors preferred to book profit on major sector issues in the later part of the session. The market was in a positive territory in the first half of the session, but later

Tk 3,000cr new low-cost fund for farmers Bangladesh Bank yesterday unveiled a fresh Tk 3,000 crore refinance scheme to provide low-cost loans to farmers with a view to supporting farm production amid the coronavirus pandemic.The new fund comes after the tenure of the Tk 5,000 crore refinance scheme for the