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BBN Exclusive
 Dhaka, Bangladesh (BBN)- The government is set to issue the newly introduced two-year Bangladesh Government Treasury Bond (BGTB) on May 28 aiming to bring dynamism in the country's secondary securities market, officials said.The disclosure came at a meeting of the members of Primary Dealers Bangladesh Limited (PDBL) held in the central bank on Tuesday with Executive Director of the Bangladesh Bank (BB) Sudhir Chandra Das in the chair."We'll start issuance of two-year BGTB worth BDT 3.0 billion from...
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Opinons
 The Bangladesh Bank (BB), the country’s central bank, has have taken a number of initiatives to promote small and medium enterprises (SME) lending, says BB Governor Atiur Rahman In our country, 90% private sector enterprises are SMEs. 70 to 80% of the...
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Banking
Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has started a study on spread calculation aiming...
Apparel
Dhaka, Bangladesh (BBN) - The apparel manufacturers' body has decided to suspend membership of the...
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Hot Issue
 Dhaka, Bangladesh (BBN) - The World Bank sees Bangladesh’s readymade garment (RMG) industry is suffering from a severe image crisis in the international markets because of concerns about labor safety arising from recent fire incidents in two garment factories, which resulted in a combined casualty of 119 workers. “This led the US and EU to rethink the Generalized System of Preference (GSP) facilities provided to Bangladesh. The United States Trade Representative (USTR) has started the process of...
Latest News
Dhaka, Bangladesh (BBN): The markets ended lower on Tuesday, breaking three sessions gaining streak as most investors went for profit booking from their previous purchase.The General Index of the Dhaka Stock Exchange (DGEN) ended at 4,047.23 points, losing 49.52 points or 1.20 per cent.The other two indices also ended in red --- the DSEX went down by 69.76 points or 1.78 per cent to close at 3,832.62 while the blue chip index DS30 lost 12.73 points or 0.89 per cent to close at 1,407.62 points.Total...  Dhaka, Bangladesh (BBN)- A total of 37 apparel brands and retailers -- 35 European, one US and one Chinese -- have signed a deal aiming to make the country’s apparel industry safe and sustainable under a new accord on Fire and Building Safety in Bangladesh.The brands and retailers are H&M, Inditex, C&A, PVH, Tchibo, Tesco, Marks & Spencer, Primark, El Corte Inglés, jbc, Mango, Carrefour, KiK, Helly Hansen, G-Star, Aldi, New Look, Mothercare, Loblaws, Sainsbury's, Benetton, N Brown Group, Stockmann,...Dhaka, Bangladesh (BBN)- Auction of 30-Day Bangladesh Bank (BB) bill was held on Monday, officials said. Two bids amounting total of BDT 778 million were offered and all bids were accepted. The rate of weighted average yield of the accepted bid was 7.10 percent. BBN/SSR/AD-21May13-12:05 pm (BST) Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Monday, officials said. Two bids of 1-day tenor amounting total of BDT 1.42 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 1.05 billion were accepted. Moreover, eight primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 12.6760 billion were provided as Liquidity Support Facility. The rate of interest of... Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Monday, officials said.One bid of 1-day tenor amounting to BDT 350 million was received and the bid was accepted. The rate of interest of reverse REPO was 5.25 percent. BBN/SSR/AD-21May13-11:50 am (BST) Dhaka, Bangladesh (BBN): The prices of most stocks on the bourses--- the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) gained at the opening hours on Tuesday amid slight fluctuation.The General Index of the Dhaka Stock Exchange (DSEX) went up by 11.25 points within first 30 minutes of trading at 11am to stand at 4,108 points when the report was filed.Of the issues traded then, 131 advanced, 53 declined and 23 remained unchanged.Turnover on at DSE stood at BDT 698 million till the...  Dhaka, Bangladesh (BBN) - The central bank of Bangladesh has declined a proposal put forward by the realtors for resumption of refinancing scheme for the housing sector on the ground of possible rise in inflation.The refusal came at a meeting with a six-member delegation of the Real Estate and Housing Association of Bangladesh (REHAB) held at the central bank on Monday with Bangladesh Governor (BB) Governor Atiur Rahman in the chair. “Revival of the refinancing scheme for the housing sector is not...Dhaka, Bangladesh (BBN): The market ended higher for the third running session Monday as ease in political atmosphere and growing budgetary expectations continued to dominate investor sentiments.The General Index of the Dhaka Stock Exchange (DGEN) ended at 4,096.76 points, gaining 16.78 points or 0.41 per cent.The other two indices also ended in green --- the DSEX went up by 28.76 points or 0.74 per cent to close at 3,902.39 while the blue chip index DS30 advanced 9.58 points or 0.67 per cent to... Dhaka, Bangladesh (BBN)- Auction of 91-Day and 364-Day Treasury Bills was held on Sunday, officials said. Total 21 bids of BDT 7.0417 billion for 91-Day T-bills and 21 bids of BDT 5.3371 billion for 364-Day T-bills were offered. Of those 10 bids of BDT 4.0805 billion for 91-Day T-bills and six bids of BDT 1.0350 billion for 364-Day T-bills were accepted. Accordingly, BDT 1.7517 billion was devolved on primary dealers (PDs) and BDT 1.1678 billion was devolved on non-PD banks for 91-Day T-bills. BDT... Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Sunday, officials said. Two bids of 1-day tenor amounting total of BDT 1.42 billion were received as special REPO. Of those, all bids of 1-day tenor amounting total of BDT 1.05 billion were accepted. Moreover, five primary dealers (PDs) and non-PD banks of 1-day tenor amounting total of BDT 8.8827 billion were provided as Liquidity Support Facility. The rate of interest of...
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