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Bangladesh Business News
Wednesday, August 20, 2014 10:46:47 AM GMT +06.00
 

Market Indicators

Latest update at 1:12 pm on Aug14

Indicators Latest Previous Remarks
DSE General Index  4560.82  4527.21  0.74% 
Forex reserve (in billion$)   22.05  21.94  
Call money rate  5.25%-8.0%  5.25%-8.25%  
DIBOR   6.3285       6.8629  
Kerb market US$ rate  78.80-79.10  78.30-78.60  
Inter-bank US$-BDT rate  77.45-77.46  77.46-77.48  
BC-selling US$-BDT rate  77.9437  77.9496  
TT-clean US$-BDT rate  76.9437  76.9496  

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Rupali Bank

BBN Exclusive

bangladesh-bank-withdraws-bdt-4055-billion-from-market-tuesday Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 40.55 billion from the market through reverse REPO auction on Tuesday, officials said. Eight bids of 1-day tenor amounting total of BDT 40.55 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-20Aug14-1:37 am (BST)

 

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Banking

bangladeshs-default-loans-rise-by-658-in-q2- Dhaka, Bangladesh (BBN)- The volume of classified loans in the country’s banking system increased...

Apparel

accord-identifies-critical-findings-on-newtech-apparels Dhaka, Bangladesh (BBN) - The Accord engineers identified “critical findings” on Newtech Apparels...
   

Hot Issue

bangladesh-forex-reserve-crosses-22bn-setting-new-record Dhaka, Bangladesh (BBN) - The country's foreign exchange (forex) reserve crossed the US$22 billion-mark for the first time Thursday, thanks to a robust growth of export earnings, officials said. The reserve rose to $22.05 billion on the day, setting a new record, from $21.72 billion of the previous working day, according to the central bank statistics. "The forex reserve has crossed the $22 billion-mark due mainly to higher growth of export earnings, rising trend of inward remittances and...
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Latest News

india-yoga-guru-bks-iyengar-dies  Pune, India (BBN)-Indian yoga guru BKS Iyengar has died in the western city of Pune, aged 95. Mr Iyengar was admitted to hospital last week and died early on Wednesday following kidney problems, doctors treating him said, reports BBC. Mr Iyengar was credited with his own brand of yoga, and taught author Aldous Huxley and violinist Yehudi Menuhin, among other celebrities. Iyengar yoga is now taught in more than 70 countries and the guru's books have been translated into 13 languages. One...
is-militants-kill-reporter-on-video Baghdad, Iraq (BBN)-The Islamic State militant group has released a video online purporting to show the beheading of US journalist James Foley, missing since 2012. The militants said the killing was revenge for US air strikes against the Islamic State group in Iraq, reports BBC. Foley's mother Diane said on Facebook she was proud of her son: "He gave his life trying to expose the world to the suffering of the Syrian people." The White House said if the video was genuine, the US would be...
9-palestinians-killed-as-gaza-truce-endsGaza, Palestine (BBN)-Palestinian officials say at least nine people have been killed in Gaza in new Israeli air strikes - the first deaths in more than a week.A young child and a woman were among the victims. Some reports said they were the wife and daughter of prominent military commander Mohammed Deif, reports BBC.Israel said about 50 rockets were launched from Gaza on Tuesday, but there were no injuries reported.The hostilities resumed hours before a temporary ceasefire was due to expire.Talks...
liberia-orders-curfew-over-ebola Monrovia, Liberia (BBN)-Liberia has imposed a night-time curfew and has quarantined an area of the capital Monrovia in a bid to halt the deadly Ebola outbreak.President Ellen Johnson Sirleaf said the curfew would be from 21:00 local time to 06:00 (21:00-06:00 GMT), reports BBC.She said all movement would be blocked in and out of the West Point area.Meanwhile, three doctors with Ebola who started taking an experimental drug last week showed remarkable signs of improvement, a Liberian minister...
bb-to-pay-tribute-to-two-eminent-economists-wednesday Dhaka, Bangladesh (BBN) - The central bank of Bangladesh at a programme on Wednesday is paying its highest tribute to two eminent economists for their lifetime and distinct contribution to the economy and the development of the country. The central bank is arranging the august event at its training centre at Mirpur in Dhaka to confer its top award on Professor Dr Muzaffer Ahmad and Dr Swadesh Ranjan Bose (posthumous). "The award has been conferred on Professor Dr Muzaffer Ahmad and on Dr Swadesh...
bangladeshs-stocks-open-positive Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Wednesday.DSEX, the prime index of the DSE went up by 21.89 points or 0.47 percent to stand at 4,598.26 points after first 30 minutes of trade when the report was filed at 11am.The DS30 index, comprising blue chips gained 8.96 points or 0.51 percent to reach at 1,742.87 points. The DSE Shariah Index (DSES) advanced by 3.89 points or 0.36 percent to stands at...
five-tuba-group-factories-closed Dhaka, Bangladesh (BBN)- The Tuba Group authorities have declared their five units closed for an indefinite period under the article 13(1) of the labour law with effect from June 11 last. A notice signed by the Group's Managing Director Delwar Hossain was put up at the Badda factory. The notice said any decision on reopening the factories would be notified later.   The five factories are Tuba Fashion Limited, Tuba Textile Mills Limited, Mita Designs Limited, Taif Designs Limited and...
israel-hits-gaza-after-new-rockets Gaza, Palestine (BBN)-Israel's military says it has carried out air strikes in the Gaza Strip in response to fresh rocket fire, hours before a ceasefire was set to expire. "Terror targets" were hit after three rockets were fired towards the towns of Beersheba and Netivot, officials said. A five-day ceasefire was extended for 24 hours at midnight while delegations from both sides tried to negotiate a deal to end weeks of fighting, reports BBC. More than 2,080 people, most of them Palestinians,...
bangladesh-develops-high-zinc-high-yielding-rice-varietyDhaka, Bangladesh (BBN)-The Bangladesh Rice Research Institute (BRRI) researchers have developed a new rice variety, BRRI dhan-64, which is enriched with higher zinc content and is capable of providing higher yields, according to local sources.BRRI dhan-64 is the second high-zinc rice variety developed by the BRRI scientists, reports oryza.com. They developed the first high-zinc rice variety, BRRI dhan-62, last year. The BRRI scientists told local sources that the newly developed BRRI dhan-64...
air-arabia-to-operate-bangladesh-flightsDhaka, Bangladesh (BBN)-Air Arabia will operate three flights per week from its new hub in Ras Al Khaimah to Chittagong in Bangladesh from September 2.Air Arabia flights to Chittagong will depart from Ras Al Khaimah Airport at 01:35 on Wednesdays, Fridays and Sundays, arriving at Chittagong at 08:30 (local time). Return flights depart from Chittagong at 21:20 on Tuesdays Thursdays and Saturdays and arrive in Ras Al Khaimah at 00:35 (the following day), reports arabianindustry.com.“Air Arabia is...
 

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Prayer Timings

  Begining Jamaat
Fajr 4:20 4:55
Zohr 12:45 1:15
Asr 5:00 5:15
Maghrib 6:47 6:50
Esha 8:15 8:45

Exchange Rate

Aug 14-17, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 129.45 125.45
EUR 104.45 100.45
JPY 0.7700 0.7449
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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