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Bangladesh Business News
Sunday, November 23, 2014 10:48:41 PM GMT +06.00
 

Market Indicators

Latest update at 12:32 am on Nov21

Indicators Latest Previous Remarks
DSE General Index  4899.61  4926.24  0.54%
Forex reserve (in billion$)   21.63  21.53  
Call money rate  6.5%-8.5%  6.5%-8.5%  
DIBOR   7.3787       7.3495  
Kerb market US$ rate  78.00-78.30  78.00-78.30  
Inter-bank US$-BDT rate  77.57-77.60  77.57  
BC-selling US$-BDT rate  78.1402  77.0294  
TT-clean US$-BDT rate  77.1402  77.0294  

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BBN Exclusive

sundays-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. Take preparations for negotiations on new, emerging trade issues Trade experts on Saturday suggested that the least developed countries including Bangladesh should immediately undertake necessary preparation to reap benefits from negotiations on new and emerging trade issues and to bring momentum in the current trade negotiations of the...

 

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Banking

loan-rules-relaxed-to-facilitate-agro-microcredit-disbursement-in-bangladesh Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has relaxed its loan provisioning policies to...

Apparel

australian-buyers-urged-to-visit-bangladeshs-rmg-factories Dhaka, Bangladesh (BBN) - Commerce Minister of Bangladesh Tofail Ahmed has urged the Australian buyers...
   

Hot Issue

bangladesh-makes-farms-on-water-to-cope-with-changing-climatePabna, Bangladesh (BBN)-Each year the brown waters of the Gumani river swell during the summer monsoon, creeping over the surrounding fields to flood Charbhangura, a village of 2,500 people in the Pabna district of northwest Bangladesh.From July to October the waters can rise at least 10 feet, reports The New York Times. The trunks of trees more than 30 feet away from the dry season riverbed show watermarks waist high. When the fields flood, the village’s farmers have no work.“There is water all...
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Latest News

ipo-subscription-of-ifad-autos-begins- Dhaka, Bangladesh (BBN)- The initial public offering (IPO) subscription of IFAD Autos Limited (IAL) began on Sunday, officials said. In addition to the existing IPO application process, Bangladeshi nationals can also apply through their stockbroker/merchant bankers. However, non-resident Bangladeshis and foreign investors have to apply through the existing method.The public subscription of IFAD Autos will remain open till November 27 for resident Bangladeshi and it will continue till December 6...
bangladeshs-stocks-down-at-opening- Dhaka, Bangladesh (BBN)-The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Sunday amid modest see-saw, the first trading session of the week.DSEX, the prime index of the DSE went down by 11.05 points or 0.22 percent to reach at 4,888.55 points after first 30 minutes of trade when the report was filed at 11am.The DS30 index, comprising blue chips lost 6.39 points or 0.35 percent to reach at 1,808.30 points. The DSE Shariah Index (DSES)...
batbc-declares-100pc-interim-cash-dividend- Dhaka, Bangladesh (BBN)- The board of directors of British American Tobacco Bangladesh Company (BATBC) has declared 100 percent (BDT 10 per share of BDT 10 each) interim cash dividend for the year ending on 31st December 2014. The dividend declaration came from a board meeting of the company held Thursday in Dhaka.  Record date for entitlement of interim dividend: 03.12.2014.Meanwhile, the board of directors of Bengal Windsor Thermoplastic has recommended 23 percent cash dividend (except...
bnp-to-launch-street-protests-if-gas-electricity-prices-increased- Dhaka, Bangladesh (BBN)- The opposition alliance led by the Bangladesh Nationalist Party (BNP) decided on Saturday that the parties would go for street protests against any measure taken to increase gas or electricity prices. The top leaders of the allied parties met Saturday night with BNP chairperson Khaleda Zia in the chair and said they would even enforce general strike or blockade if the prices for gas and electricity were increased, alliance leaders who attended the meeting held at the...
gunmen-kill-28-in-kenya-bus-massacre Nairobi, Kenya (BBN) - Islamist militants ambushed a bus in Kenya on Saturday and sprayed bullets on those who failed to recite Quran verses, killing at least 28 people, authorities said.The bus, which had 60 people aboard, was heading from Mandera, near the Somali border, to the capital of Nairobi, the CNN reported.About 20 miles into its dawn journey, militants stopped it at a hilly area and stormed in, local police Cmdr. Noah Mwivanda told the Daily Nation newspaper.Militants demanded those...
bangladesh-taka-depreciates-further-against-us- Dhaka, Bangladesh (BBN) - The Bangladesh Taka (BDT) depreciated further against the US Dollar (US$) in the last week due to higher demand for the greenback in the inter-bank foreign exchange market, treasury official said. The US dollar was quoted at around BDT 77.57-BDT 77.60 in the forex market in the last week against BDT 77.51 of the previous week. “We expect such trend may continue in the next week,” a senior treasury official of a leading private commercial bank (PCB) told BBN in...
bnp-chief-meets-20-party-alliance-leaders-tonight- Dhaka, Bangladesh (BBN)- BNP Chairperson Khaleda Zia will meet with the chiefs of 20-party alliance this evening to finalise the next course of action to materialise its demand for a fresh election under a non-party administration. The meeting will be held at her Gulshan office in the capital Dhaka at 8:00pm, according to an official of Khaleda’s media wing. The next course of action which was discussed at a meeting on November 13 will be finalised today, the party source said. On that day,...
joy-receives-south-south-cooperation-visionary-award-on-behalf-of-pm Dhaka, Bangladesh (BBN) - Adviser to the Prime Minister on Information and Communication Technology Sajeeb Wazed Joy has received "South-South Cooperation Visionary Award" of the United Nations on behalf of Prime Minister and his mother Sheikh Hasina. He received the award on the concluding day of the five-day "Global South South Development Expo-2014" held in the US capital of Washington on Friday, according to a an official announcement. The Special Envoy of the UN Secretary General, Ei Ping...
un-chief-says-ebola-outbreak-can-be-ended-in-2015 New York, NY (BBN)- The deadly Ebola outbreak can be ended "by the middle of next year" if the world speeds up its response, UN Secretary General Ban Ki-moon has said.But he warned that although the rate of new cases was slowing in parts of West Africa, Mali - where six people have died - was now of deep concern, the BBC reported.And the head of the UN Ebola mission, Anthony Banbury, said the world was "far away" from beating the virus.Guinea, Sierra Leone and Liberia have been worst hit by the...
biswal-visits-to-india-nepal-bangladesh-uzbekistan-and-switzerland-nov-23-dec5 Washington DC (BBN) - US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal will travel to New Delhi, India for internal consultations and bilateral meetings.She will then travel to Kathmandu, Nepal where she will represent the United States as an observer state at the 18th Annual South Asian Association for Regional Cooperation (SAARC) Summit, an official announcement said on Friday.The summit will focus on deepening regional economic connectivity and expanding South...
 

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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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