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Bangladesh Business News
Thursday, October 23, 2014 05:05:36 PM GMT +06.00
 

Market Indicators

Latest update at 1:11 am on Oct13

Indicators Latest Previous Remarks
DSE General Index  5334.04  5237.72  1.84% 
Forex reserve (in billion$)   22.15  22.02  
Call money rate  7.5%-9.5%  7.0%-9.5%  
DIBOR   8.5516       8.7551  
Kerb market US$ rate  78.60-78.90  79.00-79.30  
Inter-bank US$-BDT rate  77.40  77.40  
BC-selling US$-BDT rate  77.8469  77.8498  
TT-clean US$-BDT rate  76.8469  76.8498  

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BBN Exclusive

bangladesh-a-denim-expo-ends-another-to-be-held-in-nov Dhaka, Bangladesh (BBN)- A two-day denim exposition, organised by the denimsandjeans.com, concluded in Dhaka on October 16 with high hopes to attract global buyers as Bangladesh has a capacity to provide quality items with a lower cost. Twenty four companies from Bangladesh, India, Pakistan, Sri Lanka, Germany, China and Brazil took part in the exhibition to showcase their denim pants, fabrics and latest accessories.Indian High Commissioner to Bangladesh Pankaj Saran inaugurated the expo at at...

 

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Banking

3-pcbs-seek-more-time-to-cut-family-directors Dhaka, Bangladesh (BBN)- Three private commercial banks (PCBs) have sought more time from the...

Apparel

ilo-seeks-vat-waiver-for-rmg-factory-inspection-fund- Dhaka, Bangladesh (BBN)- The International Labour Organisation (ILO) has urged the government to waive...
   

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...
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

aamra-technologies-declares-10pc-cash-dividend Dhaka, Bangladesh (BBN)- The board of directors of Aamra Technologies Ltd has recommended 10 percent cash dividend for the year ended on June 30, 2014, said an office disclosure on Thursday.The AGM will be held on December 24 at 10am at the Spectra Convention Center, House # 19, Road # 07, Gulshan-1, Dhaka-1212. Record Date: 12.11.2014.The Company has also reported EPS of BDT 1.52, NAV per share of BDT 20.97 and NOCFPS of BDT 0.59 for the year ended on June 30, 2014.There will be no price limit on...
bangladeshs-stocks-back-to-red Dhaka, Bangladesh (BBN) - Bangladesh’s stocks returned to the red on Wednesday after previous session’s sharp gain as investors went for selling spree to book quick profit. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by 63.66 points or 1.21 percent to close at 5,170.15 points. The DS30, comprising blue chips lost 23.05 points or 1.16 percent to close at 1,948.99 points. The DSE Shariah Index shed 12.94 points or 1.04 percent to close at 1,220.54 points. However, the total...
western-marine-shipyard-gets-listing-approval-from-dse- Dhaka, Bangladesh (BBN)- Western Marine Shipyard Limited (WMSL) has got the listing approval from the Dhaka Stock Exchange (DSE), taking the way to make its debut on the premier bourse. The approval came at a DSE board meeting held on Monday at the DSE board room chaired by its Chairman Justice Siddiqur Rahman Miah. Trading date of Western Marine Shipyard will be announced soon, said a DSE official. “We will fix the trading date after transferring shares to respective beneficiary owners’...
bangladesh-bank-provides-bdt5429bn-liquidity-support-to-banks- Dhaka, Bangladesh (BBN)- The Bangladesh Bank provided BDT 54.29 billion through assured liquidity support to the banks on Tuesday, officials said. Twenty seven primary dealer (PD) and non-PD banks of 1-day tenor amounting total of BDT 54.2916 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent, the central bank said. BBN/SSR/AD-22Oct14-12:14 pm (BST)
rsrm-steels-barakatullah-electro-declare-dividend- Dhaka, Bangladesh (BBN)- Two listed companies -- Ratanpur Steels Re-rolling Mills Ltd (RSRM) and Barakatullah Electro Dynamics Ltd (BEDL) declared 25 percent and 17 percent dividend for the ended on June 30, 2014, officials said on Wednesday. RSRM: The board of directors has recommended 5.0 percent cash dividend and 20 percent stock dividend for the year ended on June 30, 2014, said an office disclosure on Wednesday. The AGM will be held on November 30 at 11am at the Hall Room, Bhatiary Golf and...
bangladesh-bank-withdraws-bdt1712bn-from-market-tuesday Dhaka, Bangladesh (BBN)- The Bangladesh Bank withdrew BDT 17.12 billion from the market through reverse REPO auction on Tuesday, officials said.Four bids of 1-day tenor amounting total of BDT 17.12 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent, according to the auction result. BBN/SSR/AD-22Oct14-11:59 am (BST)
govt-borrows-bdt40bn-reissuing-bgtbs- Dhaka, Bangladesh (BBN) - The government borrowed BDT 4.0 billion from the banks through reissuing its 10-year treasury bonds on Tuesday, officials said. Thirty eight bids amounting total of BDT 9.8714 billion were offered against pre-targeted amount of BDT 4.00 billion. Of those, 12 bids amounting total of BDT 4.0 billion were accepted. The cut-off price of the accepted bid was BDT 103.9175 (BDT 100.00 per). BBN/SSR/AD-22Oct14-11:48 am (BST)
bangladeshs-stocks-see-down-trend- Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Wednesday, the fourth session of the week.DSEX, the prime index of the DSE went down by 28.27 points or 0.54 percent to reach at 5,205.54 points after first 30 minutes of trade when the report was filed at 11am.The DS30 index, comprising blue chips lost 10.37 points or 0.52 percent to reach at 1,961.67 points. The DSE Shariah Index (DSES) declined 7.47...
bangladeshs-stocks-return-to-green Dhaka, Bangladesh (BBN)- Bangladesh’s stocks rebounded strongly on Tuesday after three sessions’ fall with turnover improved slightly as investors went for buying spree on large cap stocks. The market opened with a positive mood which continued till the market closure. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 5,233.82 points, gaining 89.32 points or 1.73 percent. The other two indices also ended higher. The DS30, comprising blue chips advanced 38.77 points or 2.00 percent...
tung-hai-knitting-declares-10pc-stock-dividend Dhaka, Bangladesh (BBN) - The board of directors of the Tung Hai Knitting & Dyeing has recommended 10 percent stock dividend for the year ended on December 31, 2013, said an office disclosure on Tuesday. The AGM will be held on December 2, at 12 Noon at the Factory Premises of the Company at Shibrampur, Zirani Bazar, BKSP, Joydebpur, Gazipur, Dhaka. Record date: 05.11.2014. The company has also reported EPS of BDT 1.39, NAV per share of BDT 15.11 and NOCFPS of BDT 0.79 for the year ended on...
 

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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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