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Bangladesh Business News
Wednesday, September 17, 2014 09:34:29 PM GMT +06.00
 

Market Indicators

Latest update at 12:20 pm on Sept14

Indicators Latest Previous Remarks
DSE General Index  4709.47  4675.92  0.72% 
Forex reserve (in billion$)   21.48  21.45  
Call money rate  5.25%-6.75%  5.5%-6.75%  
DIBOR   5.8618       5.9461  
Kerb market US$ rate  79.20-79.50  79.00-79.90  
Inter-bank US$-BDT rate  77.40  77.40  
BC-selling US$-BDT rate  77.8612  77.8753  
TT-clean US$-BDT rate  76.8612  76.8871  

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BBN Exclusive

interest-rate-on-treasury-bonds-falls-further- Dhaka, Bangladesh (BBN) - The interest rate on the Bangladesh Government Treasury Bonds (BGTBs) felt further on Tuesday, as commercial banks rushed to offer bids in the auction, treasury officials of commercial banks said.The yield, generally known as interest rate, on 10-year BGTBs came down to 11.02 per cent on the day from 11.35 per cent of the previous auction, held on August 20 last, according to them.Fifty eight bids amounting to BDT 18.48 billion were offered against pre-targeted amount of...

 

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Banking

bangladeshs-regulators-to-set-up-wings-to-curb-money-laundering Dhaka, Bangladesh (BBN)- Bangladesh’s financial regulators will set up separate wings for...

Apparel

200-plants-shut-since-rana-plaza-tragedy-bgmea-Dhaka, Bangladesh (BBN)-More than 200 garment factories have shut down in Bangladesh since the country's...
   

Hot Issue

bangladesh-expats-in-qatar-to-get-passports-by-postQatar (BBN)-Qatar’s General Postal Corporation (Q-Post) and the country’s Bangladesh embassy have reached an agreement under which the postal corporation will deliver the passports of the Bangladesh expatriates residing in Qatar.The decision was announced at a recent meeting held between Bangladesh Ambassador Syed Masud Mahmood Khandoker and General Postal Corporation chairman Abdul Rahman al-Aqaily at the headquarters of the GPC, reports Gulftimes.While discussing the possibility of enhancing the...
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Latest News

sony-predicts-increased-lossesJapan (BBN)-Japanese consumer electronics giant Sony has unexpectedly said its annual loss may be more than four times bigger than initially forecast.The firm now expects a full-year loss of 230bn yen ($2.15bn; £1.3bn) compared with a previous estimate of 50bn yen, reports BBC.This was attributed to its struggling mobile business, which has been losing money due to competition from global rivals such as Apple and Samsung.Sony also said it would not pay a year-end dividend for the first time.In a...
chinese-president-begins-india-visitBeijing, China (BBN)-China's President Xi Jinping has begun his first official visit to India, with a focus on improving trade ties and resolving the decades-old dispute over border areas.China is one of India's top trading partners and the Asian neighbours are the world's most populous countries, reports BBC.The two countries disagree over the demarcation of several Himalayan border areas and fought a brief war in 1962.Tensions over the issue still flare up from time to time.Beijing and Delhi have...
bangladesh-exports-245m-workers-in-5-yrsDhaka, Bangladesh (BBN)-Bangladesh exported some 24,51,093 workers in five years from 2009.Expatriates' Welfare and Overseas Employment Minister Khandker Mosharraf Hossain revealed the information replying to a starred question from Kazi Nabil Ahmed MP (Jessore-3) during a session in Parliament.Some 4,75,278 workers were exported in 2009, while 3,90702 in 2010, 5,68,062 in 2011, 6,07,798 in 2012 and 4,09,253 in 2013, he said.BBN/ANS-17Sept14-4:50pm (BST)
dse-turnover-hits-14-month-highDhaka, Bangladesh (BBN)-Bangladesh’s stocks ended higher for the second running sessions on Wednesday with turnover on the major bourse hitting 14-month high, powered by investors buying spree.DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,798.36 points after gaining 38.99 points or 0.81 percent from previous session.The DS30, comprising blue chips rose 20.89 points or 1.12 percent to close at 1,879.29 points. The DSE Shariah Index gained 10.14 points or 0.90 percent to close at...
bsec-rejects-fsibls-rights-offer Dhaka, Bangladesh (BBN)- The securities regulator has turned down the rights offer of First Security Islami Bank Limited (FSIBL) for its failure to meet the securities rules concerned, officials said. “BSEC is not in a position to consider the application of First Security Islami Bank Limited regarding approval of rights issue, as the Company has failed to comply with the requirement of rule 3(f) of the Securities and Exchange Commission (Rights Issue) Rules, 2006,” said the news posted on the...
bangladesh-bank-provides-bdt-221bn-liquidity-support-to-banks- Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) provided liquidity support worth BDT 2.21 billion to the banks on Tuesday, officials said.Two primary dealers (PDs) banks of 1-day tenor amounting total of BDT 2.21 billion were provided as liquidity support facility. The rate of interest of the liquidity support facility was 7.25 percent.On the other hand, the central bank withdrew BDT 335 million from the market through its 30-day bills auction on the same day.One bid amounting to BDT 335 million...
bangladeshs-stocks-see-sharp-rise-at-opening- Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw steep rise in early hours of trading on Wednesday, the fourth trading session of the week.DSEX, the prime index of the DSE went up by 57.78 points or 1.21 percent to stand at 4,817.18 points after first 30 minutes of trade when the report was filed at 11.05am.The DS30 index, comprising blue chips gained 27.89 points or 1.50 percent to reach at 1,886.30 points. The DSE Shariah Index (DSES) advanced 16.97...
bangladeshs-first-satellite-launch-to-be-further-delayed  Dhaka, Bangladesh (BBN)-The launching of the first satellite of the country, the ‘Bangabandhu 1’ will be delayed further as a revised project proposal with 9% cost reduction is set to be placed before Ecnec on Tuesday. The deadline for the project has been extended twice from June 2015 to June 2016 and then to June 2017, reports HiFi. Several sources however have claimed that it would have been possible to complete the project by June 2017. “Let us see what the government tells us; we are...
un-calls-for-1bn-to-fight-ebola-West Africa (BBN)-More than $1bn (£618m) is needed to fight the West Africa Ebola outbreak - a tenfold increase in the past month, the UN's Ebola co-ordinator has said.David Nabarro made the announcement as the World Health Organization (WHO) described the health crisis as "unparalleled in modern times".It has killed 2,461 people this year, half of the 4,985 infected by the virus, the global health body said.There has been criticism of the slow international response to the epidemic.Later, the US...
call-for-further-cut-in-sugar-intakeLondon (BBN)-The target to reduce sugar consumption should be much more ambitious, health experts say.Both the World Health Organization and government advisers in England have recently proposed a cut in their recommendations for sugar consumption, reports BBC.The new advice is that it should account for 5% of energy intake - down from 10%.But a study published in the BMC Public Health journal suggested the target should be no more than 3%.The researchers - from University College London and London...
 

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Prayer Timings

  Begining Jamaat
Fajr 4:35 5:10
Zohr 12:45 1:15
Asr 4:30 4:45
Maghrib 6:14 6:17
Esha 7:45 8:15

Exchange Rate

Sept 14, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 126.00 122.00
EUR 101.10 97.10
JPY 0.7349 0.7105
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 1.30 1.20

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