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Bangladesh Business News
Saturday, December 20, 2014 08:53:48 AM GMT +06.00
 

Market Indicators

Latest update at 12:47 am on Dec03

Indicators Latest Previous Remarks
DSE General Index  4980.50  4932.84  0.96%
Forex reserve (in billion$)   21.67  21.56  
Call money rate  5.75%-8.25%  5.75%-8.25%  
DIBOR   7.0492       7.0978  
Kerb market US$ rate  78.10-78.40  78.00-78.50  
Inter-bank US$-BDT rate  77.72-77.77  77.72  
BC-selling US$-BDT rate  78.7108  78.7573  
TT-clean US$-BDT rate  77.7108  77.7533  

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BBN Exclusive

bangladeshs-forex-market-eases-slightly- Dhaka, Bangladesh (BBN) - Bangladesh’s foreign exchange (forex) market eased slightly on Wednesday following an increasing trend of both inward remittance and export earnings, bankers said. “Rising trend of export earnings and higher inflow of remittance have contributed to improve supply of the foreign exchange in the market in the last couple of days,” a senior treasury official of a commercial bank told BBN in Dhaka.The US dollar was quoted at BDT 77.8500 in the forex market on the day against...

 

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Banking

bangladesh-bank-sells-50m-more-to-ibbl- Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has continued its foreign exchange support...

Apparel

tazreen-victims-set-for-compensation- Geneva, Switzerland (BBN)- Two years after the Tazreen disaster that killed more than 120 people...
   

Hot Issue

bangladeshs-inward-remittance-jumps-by-15-in-nov Dhaka, Bangladesh (BBN)- The flow of inward remittances jumped by nearly 15 per cent in November last after showing a downward trend in the previous month because of the celebration of Eid-ul-Azha festival, officials said. The remittances from Bangladeshi nationals working abroad were estimated at $1.17 billion in November 2014, up by $14.70 per cent from the level of the previous month. In October last, the remittance stood at $1.02 billion, according to the central bank statistics, released...
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Latest News

lindex-ceo-assures-continuing-sourcing-from-bangladesh- Dhaka, Bangladesh (BBN)-  Lindex, one of the leading fashion chains in Europe with over 480 stores, has highly appreciated the quality of Bangladesh’s apparel products and assured of continuing sourcing from the South Asian country. Lindex Chief Executive Officer (CEO) Ingvar Larsson said this during a meeting with Bangladesh Ambassador in Sweden M Golam Sarwar held there on Thursday, said an official release of the Embassy. Both the envoy and Larsson agreed to work in partnership...
bb-injects-bdt950bn-withdraws-bdt-216bn-wednesday- Dhaka, Bangladesh (BBN) - The Bangladesh Bank (BB) injected more than BDT 9.50 billion through liquidity support facility to the banks on Wednesday, officials said. Ten primary dealer and non-PD banks of 1-day tenor amounting total of BDT 9.5070 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent.On the other hand, the central bank withdrew BDT 2.16 billion from the market using its reverse REPO auction on the same day.Two...
apraca-executive-committee-meeting-held-in-colombo Colombo, Sri Lanka (BBN) - The 65th Asia Pacific Rural and Agricultural Credit Association (APRACA) Executive Committee Meeting held at Cinamon Grand Hotel in Colombo on December 1-3 last.  Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka, inaugurated the meeting formally while APRACA Chairman and Deputy Governor of the Bangladesh Bank (BB) Shitangshu Kumar Sur Chowdhury graced the event with welcome speech. This year's Executive Committee meeting was gathered under theme and...
ipo-lottery-of-c-a-a-textiles-thursday- Dhaka, Bangladesh (BBN)- The initial public offering (IPO) lottery of C & A Textiles, a Chittagong based textile company will be held today (Thursday) to allocate shares among the investors,   officials said. The lottery will be held at 10:30am at the Institution of Engineers, Bangladesh (IEB), Ramna, Dhaka. Bangladesh University of Engineering and Technology (BUET) will conduct IPO lottery. The IPO subscription of the textiles company was held between November 9 to...
bangladeshs-stocks-down-at-opening- Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Thursday, the last trading session of this week.DSEX, the prime index of the DSE went down by 30.33 points or 0.61 per cent to reach at 4,913.38 points after first 30 minutes of trade when the report was filed at 11am.The other two indices saw negative trend. The DS30 index, comprising blue chips lost 2.94 points or 0.16 per cent to reach at 1,825.11...
bangladeshs-stocks-end-flat-amid-choppy-trading- Dhaka, Bangladesh (BBN) - Bangladesh’s stocks ended flat in red on Wednesday amid choppy trading with no significant movement of index as investors followed cautious stance amid lack of market’s direction.DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,943.72 points, shedding slightly by 0.30 points after witnessing volatility throughout the session.However, two others indices closed in positive. The DS30, comprising blue chips gained 4.27 points or 0.23 per cent to close at...
bsec-approves-ipo-proposals-of-bsrm Dhaka, Bangladesh (BBN)-Bangladesh securities regulator on Tuesday approved the IPO (initial public offering) proposal of Bangladesh Steel Re-Rolling Mills (BSRM) which will raise a fund worth BDT 612.5 million under fixed price method, officials said.  The decisions were taken a commission meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).As per BSEC approval, the BSRM will offload 17.5 million ordinary shares at an offer price of BDT 35.0, including a...
beigbeder-made-bangladesh-unicef-representative- Dhaka, Bangladesh (BBN)- Edouard Beigbeder on Wednesday assumed his duties as the new UNICEF Representative in Bangladesh. As a development and emergency specialist, he has over 20 years of experience of working to further children’s and women’s rights around the world. As the new UNICEF Representative, Mr. Beigbeder, presented his credentials to the Honourable Minister of Foreign Affairs, Mr. Abul Hassan Mahmood Ali, MP at his office in Dhaka while at the same time re-affirming UNICEF’s...
hamid-fabrics-declares-20pc-dividend Dhaka, Bangladesh (BBN)- The Board of Directors of Hamid Fabrics Limited (HFL) has recommended 10 percent stock and 10 percent cash dividend for the year ended on June 30, 2014, said an office disclosure on Wednesday.Date of AGM: 30.12.2014, Time: 11:00 AM, Venue: Trust Milonayaton, 545 Old Airport Road, Dhaka. Record Date: 22.12.2014.The Company has also reported EPS of BDT 5.58, NAV per share of BDT 46.78 and NOCFPS of BDT 3.01 for the year ended on June 30, 2014 as against BDT 5.09, BDT 41.20...
bangladeshs-stocks-open-optimistic Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Wednesday, maintaining the previous day’s upturn.DSEX, the prime index of the DSE went up by 26.73 points or 0.54 percent to reach at 4,970.76 points after first 30 minutes of trade when the report was filed at 11am.The other two indices saw positive trend. The DS30 index, comprising blue chips gained 7.87 points or 0.43 per cent to reach at 1,830.66...
 

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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

Oct 8, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 125.40 121.40
EUR 98.60 94.60
JPY 0.7280 0.7041
S-Riyal 21.00 20.00
S-Dollar 63.50 61.50
M-Ringit 24.50 23.00
K-Dinnar 255.00 245.00
INR 1.28 1.18

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