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Bangladesh Business News
Wednesday, January 28, 2015 05:10:09 PM GMT +06.00
 

Market Indicators

Latest update at 11:45 am on Jan 27

Indicators Latest Previous Remarks
DSE General Index  4690.42  4708.33  0.38%
Forex reserve (in billion$)   21.86  21.83  
Call money rate  7.0%-9.25%  7.0%-9.25%  
DIBOR   7.9480     7.9362  
Kerb market US$ rate  78.30-78.80  78.40-78.70  
Inter-bank US$-BDT rate  77.80  77.80  
BC-selling US$-BDT rate  78.4710  78.4860  
TT-clean US$-BDT rate  77.4710  77.4860  

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BBN Exclusive

tuesdays-morning-business-round-up-of-bangladesh Dhaka, Bangladesh (BBN)- The BBN has prepared the morning business round up compiling reports, published by different newspapers and news portals in Bangladesh. Blockade raises cost of business Arifur Rahman, a cotton importer and spinner, is in deep trouble. He has been paying Tk 70,000 a day in port demurrage for over a week as he cannot have the imported cotton transported to his factory in Mymensingh from Chittagong port due to the ongoing blockade. Rahman cannot continue production at his...

 

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Banking

bangladesh-bank-purchases-11m-more-from-two-banks- Dhaka, Bangladesh (BBN) - Bangladesh Bank (BB) purchased US$11 million more from the commercial banks...

Apparel

pakistan-launches-gsp-guide-after-one-year- Karachi, Pakistan (BBN) - Pakistan launched the ‘Business Guide for GSP+’ on Thursday to help boosting...
   

Hot Issue

bangladeshs-forex-reserve-stood-at-2186bn-monday- Dhaka, Bangladesh (BBN) – Bangladesh’s foreign exchange reserve increased slightly on Monday following purchasing US dollar by the central bank from the banks, officials said. The country’s foreign exchange reserve rose to $21.86 billion on the day from $21.83 billion of the previous day. The central bank of Bangladesh purchased US$11 million more from two commercial banks on the day aiming to keep the country’s inter-bank foreign exchange (forex) market stable. BBN/SSR/AD-27Jan15-8:24 am...
BBN provides news and images to global media through syndication with The Hindustan Times Media Limited (HTML), New Delhi, India

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Latest News

-philippines-bangladesh-launches-business-council-to-boost-trade-tieMANILA, Philippines (BBN)-The Philippines-Bangladesh Business Council (PBBC) was launched in Manila on January 21 aiming to boost trade relations between the two friendly countries.Bangladesh has great potential in the sector of ready-made garments, ceramics, jute products and pharmaceuticals and those could be exported to the Philippines.The trade council launching ceremony took place when a six-member Bangladesh business delegation visited Manila from January 18 to 22.Rashed Maksud Khan, president...
are-sweeteners-really-bad-for-us London (BBN)-The food industry relies on alternatives to sugar for a vast range of diet foods. But are they safe to consume? Claudia Hammond investigates.Many people buy diet drinks and sweeteners in a bid to reduce the amount of sugar they consume, reports BBC.Over the years concerns about their safety have been raised, but how much evidence is there that they are bad for us?Aspartame is probably the best-known artificial sweetener and the one that’s had the worst press.It is an alternative to...
mutual-trust-bank-to-issue-subordinated-bondDhaka, Bangladesh (BBN)-Mutual Trust Bank Limited has planned to issue subordinated bond worth of BDT 3.0 billion.The bond will be issued as tier-II capital of the bank, said a web post on the Dhaka Stock Exchange (DSE) on Wednesday.Issuance of the bond is subject to the approval of regulatory authorities and general meeting of the valued shareholders of the bank, the post added.“The company has informed that the board of directors of the company has decided to issue subordinated bond of BDT 3.0...
bangladeshs-stocks-return-to-redDhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to the red on Wednesday after previous session’s marginal gain as investors remained cautious amid ongoing political turmoil in the country.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 9.46 points or 0.19 percent to close at 4,747.63 points.The DS30 index, comprising blue chips lost slightly by 1.27 points or 0.07 percent to close at 1,756.80 points. The DSE Shariah Index (DSES) dropped 1.84 points or 0.16 percent to close...
kepler-telescope-identifies-ancient-solar-system  Birmingham, UK (BBN)-Studying data from the Kepler telescope, the team, led by the University of Birmingham, found a star orbited by five planets similar in size to Earth. The system, 117 light years away, is the oldest known of its kind, formed 11.2 billion years ago, reports BBC. Dr Tiago Campante said it could provide a clue to "the existence of ancient life in the galaxy". "By the time the Earth formed, the planets in this system were already older than our planet is today," he...
planet-hosts-giant-ring-systemUSA (BBN)-Astronomers say they have discovered a planet with a gigantic ring system that is 200 times larger than that around Saturn.It is the first such structure detected around a planet beyond our solar system, reports BBC.The researchers say there are probably more than 30 rings, each measuring tens of millions of kilometres in diameter.The findings by a Dutch-US team are to be published in the Astrophysical Journal.Gaps detected in the ring system also suggest that some of the material may...
cat-believed-dead-buried-meows-back-to-lifeFlorida, USA (BBN)-A cat in Florida that was hit by a car and then buried is apparently back from the dead."I was so shocked," owner Ellis Hutson told the ABC News. "I didnot know really what to do."And today, Bart the cat is having surgery at the humane society to repair his jaw and remove his eye.Meet the guy delivering food to snowed in new yorker's unleashed 'Polar Bear' delights residents."We have seen many amazing cases at our full-service veterinary clinic, but this situation may take the...
the-top-10-skills-that-got-people-hired-in-2014  USA (BBN)-With more than 330 million people using the service to list their resumes, find jobs, or find new hires, LinkedIn has a lot of data about the current job market.To close out 2014, the company released a list of the top skills people who got hired this year had listed on their profiles and that recruiters searched for the most, reports the World Economic Forum.THESE ARE TEN SKILLS THAT GOT PEOPLE JOBS IN 2014: 1.Statistics analysis and data mining 2.Middleware and...
bangladeshs-stocks-down-at-openingDhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw downward trend in the early hours of trading on Wednesday, the fourth trading day of the week amid ongoing countrywide blockade.DSEX, the prime index of the DSE, went down by 20.65 points or 0.43 percent to reach at 4,736.44 points after first 30 minutes of trade when the report was filed at 11:00am.The DS30 index, comprising blue chips lost slightly by 4.29 points or 0.24 percent to reach at 1,751.23...
apple-announces-record-iphone-sales-over-holiday-quarter-New York (BBN)-Tim Cook’s array of new products boosted Apple Inc.’s sales growth last quarter to the highest level in three years, with momentum set to continue as the company rolls out its first smartwatch.Apple on Tuesday posted a 30 percent jump in fiscal first-quarter revenue to $74.6 billion, as net income rose 38 percent to a record $18 billion, reports the Bloomberg.The results were fueled by sales of larger-screened iPhones and refreshed Mac computers that Apple had unveiled in September,...
 

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Prayer Timings

  Begining Jamaat
Fajr 4:40 5:15
Zohr 12:45 1:15
Asr 4:15 4:30
Maghrib 6:00 6:05
Esha 7:30 8:00

Exchange Rate

Jan 22, 2015

Currency Selling Buying
USD 78.50  77.00 
GBP 119.05 115.05
EUR 91.10 87.10
JPY 0.6747 0.6533
S-Riyal 20.00 19.00
S-Dollar 63.50 61.50
M-Ringit 24.50 23.00
K-Dinnar 255.00 245.00
INR 1.29 1.19

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