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Bangladesh Business News
Thursday, October 2, 2014 04:19:36 AM GMT +06.00
 

Market Indicators

Latest update at 9:06 am on Sept28

Indicators Latest Previous Remarks
DSE General Index  5072.20  5026.92  0.90% 
Forex reserve (in billion$)   21.81  21.80  
Call money rate  5.75%-8.5%  5.5%-8.25%  
DIBOR   7.5440       7.3431  
Kerb market US$ rate  78.50-78.80  78.80-79.10  
Inter-bank US$-BDT rate  77.40  77.40  
BC-selling US$-BDT rate  77.8557  77.8612  
TT-clean US$-BDT rate  76.8557  76.8612  

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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. Business delivery loses gear in FTA gridlock A flare-up of bilateral and regional free-trade agreements (FTAs) is creating webs of complexities and confusions for international business dealings, according to trade circles. Asia-Pacific business leaders at a recent conference pointed out such problems stemming from a boom in free-trade...

 

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Banking

bangladesh-bank-governor-for-reshaping-financial-system New York, NY (BBN)- Bangladesh Bank (BB) Governor Atiur Rahman highlighted BB's engagement in...

Apparel

bangladesh-emerges-as-second-largest-importing-country-for-germany- Cologne, Germany (BBN)- In the ranking of the most important supplier countries for the German retail,...
   

Hot Issue

bangladeshs-tax-returns-deadline-now-nov-2-Dhaka, Bangladesh (BBN)-The National Board of Revenue (NBR) has extended the deadline for submitting income tax returns for the current year till November 2.Earlier, the last date of submitting the tax was September 30. The NBR authorities are expected to issue a circular on the new timeline Thursday evening.The extension came following a demand from leading business chambers and different tax bar associations as two major religious festivals one for Muslims and another for Hindus (Eid-ul-Azha and...
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Latest News

india-us-agree-to-dismantle-safe-havens-for-terrorists  Washington (BBN)-Prime Minister Narendra Modi and US President Barack Obama have agreed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks, underlining the need for "continued comprehensive global efforts to combat and defeat terrorism."But officials made it clear after Prime Minister Modi and President Obama met for over 90 minutes at the Oval Office of the White House yesterday, that India will not join the US-led military campaign against the...
12-killed-in-india-trains-collision-Lucknow, India (BBN)-12 people have been killed and 45 are injured after two passenger trains collided in eastern Uttar Pradesh on Tuesday night. Twelve of those injured are in critical condition, reports NDTV.The accident took place around 10:45pm near Gorakhpur town nearly 270 km from state capital Lucknow. Krishak Express, travelling from Varanasi to Gorakhpur, rammed the Barauni Express from behind, throwing three of its coaches off the track."Railways has suspended the drivers of Krishak...
first-ebola-case-diagnosed-in-the-usTexas, US (BBN)-The first case of the deadly Ebola virus diagnosed on US soil has been confirmed in Dallas, Texas.Officials at Texas Health Presbyterian Hospital say the unidentified patient is being kept in isolation, reports BBC.The man is thought to have contracted the virus in Liberia before travelling to the US nearly two weeks ago.More than 3,000 people have already died of Ebola in West Africa and a small number of US aid workers have recovered after being flown to the US."An individual...
imf-projects-bangladeshs-625-gdp-growth-for-fy-15- Dhaka, Bangladesh (BBN)- The International Monetary Fund (IMF) has projected the country’s real gross domestic product (GDP) growth about 6.25 per cent in fiscal year (FY) 2014-15. “….with a calmer political environment economic activity is gaining momentum, and real GDP growth is expected at about 6¼ percent in fiscal year (FY)15 (July 2014-June 2015), supported by strong domestic demand,” the IMF said after concluding its fifth review under the Extended Credit Facility (ECF) arrangement with...
bangladeshs-stocks-return-to-greenDhaka, Bangladesh (BBN)-Dhaka stocks returned to the green on Tuesday after previous day’s marginal correction with turnover falling further as investors followed meticulous trading ahead of Eid vacation.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 23.96 points or 0.47 percent to close at 5,074.30 points, after witnessing volatility. The DS30, comprising blue chips, gained 2.77 points or 0.14 percent to close at 1,960.87 points. However, the DSE Shariah Index slipped 1.91...
flow-of-inward-remittance-on-rise-ahead-of-eid Dhaka, Bangladesh (BBN) - The flow of inward remittance to the country showed rising trend ahead of the Eid-ul Azha, with the country receiving a total of $1.08 billion till September 26. The amount is slightly higher than the $1.02 billion, the expatriate Bangladeshis sent home last year prior to the Eid-ul Azha, according to the central bank statistics. Bangladeshi nationals working abroad sent home US$ 1.16 billion in August last. The amount was lower by $ 331.30 million than the...
bangladeshs-stocks-open-mix-amid-volatility Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) saw positive trend while the Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Tuesday, the third trading session of the week.DSEX, the prime index of the DSE went up by 11.22 points or 0.22 percent to stands at 5,061.56 points after first 30 minutes of trade when the report was filed at 11am.The DS30 index, comprising blue chips gained 0.64 points or 0.03 percent to reach at 1,958.74 points. However, the DSE...
rmg-factory-catches-fire-in-bangladesh-port-city- Chittagong, Bangladesh (BBN)- A fire broke out at a ready-made garment (RMG) factory in the country’s port city on Tuesday morning. Two floors of ‘Fresher Apparels Ltd’ at south Halishahar in Chittagong caught fire around 7:30am, a fire service official said. BBN/SSR/AD-30Sept14-9:54 am (BST)
saif-powertec-starts-journey-with-positive-note- Dhaka, Bangladesh (BBN)- Saif Powertec Limited (SPL) on Monday made a happy debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).The stock closed at BDT 71.40 each, registering an increase of 138 percent on its offer price of BDT 30 in the DSE. Each share of the company traded between BDT 80 and BDT 60.10 on the prime bourse. In the port city bourse - CSE, each share of the company traded between BDT 77 and BDT 65 and closed at BDT 72, gaining 140 percent from its issue...
dse-signs-deal-with-cse- Dhaka, Bangladesh (BBN) - Dhaka Stock Exchange (DSE) has signed a memorandum of understanding (MoU) with Calcutta Stock Exchange (CSE) with a view to exchange views and knowledge for development of both the exchanges, said a DSE statement.The MoU was signed on September 26 last at the CSE office in Kolkata.DSE managing director Dr. Swapan Kumar Bala and CSE managing director Sri B Madhav Reddy signed the MoU on behave their respective organisations.At the signing ceremony Bala said the history of...
 

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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

Sept 28, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 126.90 122.90
EUR 99.00 95.00
JPY 0.7220 0.6985
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 1.29 1.19

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