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Bangladesh Business News
Wednesday, April 23, 2014 01:17:20 PM GMT +06.00
 

Market Indicators

Latest update at 3:25 am on Apr21

Indicators Latest Previous Remarks
DSE General Index  4648.75  4616.45  0.70%
Forex reserve (in billion$)   20.22  20.09  
Call money rate  6.75%-8.25%  5.0%-8.25%  
DIBOR    7.3469%   7.3292%  
Kerb market US$ rate  79.30-79.80  79.20-79.50  
Inter-bank US$-BDT rate  77.6650  77.6550-77.66  
BC-selling US$-BDT rate  78.0786  78.0843  
TT-clean US$-BDT rate  77.0786  77.0843  

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BBN Exclusive

wednesdays-morning-business-round-up-of-bangladesh   Dhaka, Bangladesh (BBN) - The Bangladesh Business News (BBN) prepares the morning business round up compiling reports, published by different newspapers and news portals in Bangladesh. US for improving worker safety: The US is continuing to press the Bangladesh government to fulfil a labour-related action plan designed to restore the country's eligibility for the Generalised System of Preferences (GSP), administration officials said on Monday. Some progress has been made but...

 

Opinons

standard-group-eyes-350m-export-target Dhaka, Bangladesh (BBN)-Mosharraf Hussain, the managing director of the fire-ravaged Standard Group, is hopeful of achieving this year's export target. The group, whose garment exports stood at $330 million and $325 million in 2013 and...
<a href="http://www.instaforex.com/">InstaForex portal</a>

Banking

bangladeshs-banks-investing-excess-liquidity-in-govt-securities Dhaka, Bangladesh (BBN)- Bangladesh’s commercial banks have started investing their excess...

Apparel

us-concerned-over-labour-rights-and-workplace-safety-in-bangladesh Washington, (BBN)-A year after more than thousand workers were killed following a garment unit...
   

Hot Issue

bangladeshs-heat-wave-to-continue Dhaka, Bangladesh (BBN)-The heat wave which is sweeping over the country including the capital, Dhaka, may continue for next several days. The prevailing sizzling heat will not subside without rain and there is little chance of rain throughout the month, said sources of Bangladesh Meteorological Department. The country is experiencing nearly seven degrees more temperature than the last week, the sources said. Dhaka city dwellers experienced 37.4°C temperature at 12noon on...
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

bangladeshs-farm-credit-disbursement-rises-12pc-in-9-months Dhaka, Bangladesh (BBN) - Farm credit disbursement grew by more than 12 percent during the first nine months of the current fiscal year (FY), 2013-14, as the central bank is persuading the banks continuously to increase lending to farmers, officials said on Wednesday.   All scheduled banks disbursed BDT 114.46 billion in the July-March period of FY 14, compared to BDT 102 billion in the corresponding period of the previous fiscal, according to the central bank...
bangladeshs-stocks-open-positive- Dhaka, Bangladesh (BBN)- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE went up by 7.89 points or 0.16 per cent to stand at 4,667.89 points within first 30 minutes of trade when the report was filled at 11am. DSE turnover stands at BDT 608 million when the report was filed at 11am. Of the issues traded till then, 119 advanced, 71 declined and 25 remained unchanged. The...
bcb-to-push-pakistan-home-series-to-april Dhaka, Bangladesh (BBN)-The BCB is likely to push Pakistan's 2015 tour of Bangladesh to the second week of April, instead of January. Bangladesh, in the meantime, are set to train in Australia for two extra weeks before the World Cup in a bid to acclimatise to conditions where they last played in January 2010, reports ESPNcricinfo.com. Though the BCB's cricket operations committee headed a meeting on the scheduling of international and domestic cricket for the next 12 months on...
teesta-waters-bangladeshs-right-says-bnp Dhaka, Bangladesh (BBN)-BNP blamed the Awami League-led government Tuesday for not sealing a deal to share the Teesta river waters with India. "Teesta waters are our right, because it's an international river. India has no right to hinder its flow and we cannot depend on its mercy," said BNP (Bangladesh Nationalist Party) acting secretary general Mirza Fakhrul Islam Alamgir. He was speaking at the beginning of a two-day rally to the Teesta Barrage in Nilphamari that had...
google-doodle-marks-earth-day-2014-with-rufous-hummingbird New York (BBN)-Earth Day was first held in 1970 and is now celebrated in more than 192 countries every year. Google has created an interactive doodle to celebrate Earth Day, reports IndiaToday. The American search engine has devised one of its iconic moving illustrations to mark the annual global environmental protection event. The doodle features number of animals, all of whom wish the viewer a Happy Earth Day. First up is the Rufous Hummingbird, which hungrily devours the sweet...
saudi-prince-reportedly-killed-2000-endangered-birds Karachi, Pakistan (BBN)-A Saudi prince reportedly hunted and killed about 2,000 Houbara Bustards -- birds that are considered to be on the brink of extinction -- during a safari in Pakistan earlier this year. Prince Fahd bin Sultan bin Abdul Aziz Al Saud hunted a total of 1,977 birds, which are globally protected under the Convention on International Trade in Endangered Species, Dawn News reports. An additional 123 bustards were killed by local representatives, bringing the...
northern-hemisphere-can-see-lyrid-meteor-shower-monday-night Washington (BBN)-The Lyrid meteor shower is expected to peak on Monday night, with the best viewing possible between midnight and dawn on Tuesday morning, according to NASA. “Everyone in the Northern Hemisphere can see the Lyrid meteor shower tonight,” NASA astronomer Bill Cooke notes in this post. To see the shower, try to find a place with dark skies away from any city lights, Cooke recommends. He also suggests giving your eyes at least 30 to 45 minutes to adjust to...
bangladeshs-stocks-close-higher Dhaka, Bangladesh (BBN)-Bangladesh’s Stocks edged marginally higher for the fourth session on Tuesday amid volatile trading throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,659.99 points, gaining 11.24 points or 0.24 percent. Turnover value on DSE came down to BDT 3.91 billion, registering a decline of 15.18 percent over the previous day’s value of BDT 4.61 billion. The gainers took a strong lead over the losers as out of 290...
ex-cj-of-india-due-on-apr-23 Dhaka, Bangladesh (BBN)-Justice Altamas Kabir, former Chief Justice of the Supreme Court of India, will arrive in Bangladesh on a four-day visit from April 23.  He will deliver his speech as the convocation speaker at Shanto Marium University’s first convocation to be held on April 23, 2014, said a press release of Indian High Commission.  During his stay in Dhaka, Justice Kabir will call on Justice Md Muzammel Hossain, Hon’ble Chief Justice of the Supreme Court...
bangladesh-bank-injects-bdt-785m-in-market- Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) injected BDT 785 million in the market through special REPO auction and assured liquidity support to the banks on Monday.   One bid of 1-day tenor amounting to BDT 910 million was received as special REPO and bid of 1-day tenor amounting to BDT 500 million was accepted.   Moreover, one non-PD (primary dealer) bank of 1-day tenor amounting to BDT 285 million was provided as Liquidity Support Facility.   The...
 

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Exchange Rate

April 23, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 130.80 126.80
EUR 108.15  104.15 
JPY 0.7712 0.7462
S-Riyal 21.00 20.00
S-Dollar 63.50 61.50
M-Ringit 24.50 23.00
K-Dinnar 255.00 245.00

 

Prayer Timings

  Begining Jamaat
Fajr 4:35 5:10
Zohr 12:45 1:15
Asr 4:45 5:00
Maghrib 6:28 6:28
Esha 7:45 8:15