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Bangladesh Business News
Monday, January 26, 2015 07:18:46 AM GMT +06.00
 

Market Indicators

Latest update at 11:50 am on Jan 26

Indicators Latest Previous Remarks
DSE General Index  4740.55  4716.76  0.50%
Forex reserve (in billion$)   21.83  21.90  
Call money rate  7.0%-9.25%  7.0%-9.25%  
DIBOR   7.9362     7.8657  
Kerb market US$ rate  78.30-78.70  78.40-78.80  
Inter-bank US$-BDT rate  77.80  77.80  
BC-selling US$-BDT rate  78.4860  78.5054  
TT-clean US$-BDT rate  77.4860  77.5054  

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BBN Exclusive

mondays-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. Political unrest dilutes move to buoy up investment activity The government's move to improve the investment-GDP ratio during the current fiscal may suffer a setback as investors are shying away in view of an unrelenting political unrest, economic analysts said.   A good number of entrepreneurs -- both local and foreign --...

 

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Banking

falling-interest-rate-on-deposits-push-up-spread-in-bangladesh- Dhaka, Bangladesh (BBN)- Falling trend of the interest rate on deposits pushed up the country’s...

Apparel

textile-sub-sectors-allowed-for-low-cost-refinancing-fund- Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has extended its green banking refinance...
   

Hot Issue

bangladesh-pm-fails-to-meet-sleeping-bnp-chief Photo courtesy: PMODhaka, Bangladesh (BBN)-Bangladesh PM Sheikh Hasina failed to meet her political archrival Khaleda Zia as the latter was administered a sedative dose to cope with the shock of the death of her son. Arafat Rahman Koko, the younger son of Khaleda, died Saturday afternoon in Malaysia. He was suffering from different ailment. The PM reached BNP chief’s Gulshan office in Dhaka around 8:40pm to console bereaved Khaleda following the death of her son. But, Hasina could not meet...
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

mountain-size-asteroid-to-fly-by-earth-California, USA (BBN)-A mountain-size asteroid will zoom past Earth on January 26, marking the closest pass by such a large space rock until 2027.Asteroid 2004 BL86, which is about 1,800 feet (550 meters) wide, will come within 745,000 miles (1.2 million kilometers) of our planet Monday -about three times the distance between Earth and the moon, reports the Space.com.While this flyby poses no threat to Earth, it does present a rare opportunity to get a good look at a near-Earth asteroid, NASA...
18-killed-in-egypt-protest  Cairo, Egypt (BBN)-At least 18 people have been killed in clashes between police and protesters across Egypt, officials said.Three police cadets were among the dead, and dozens of protesters were also injured, reports BBC quoting the officials.The clashes follow the death of an activist in a march in the capital Cairo on Saturday.The protests were staged to mark the fourth anniversary of Egypt's 2011 uprising, which toppled long-time leader Hosni Mubarak.Security in major cities was...
unionists-assault-rbl-officers-probe-body-formed Dhaka, Bangladesh (BBN) - The state-owned Rupali Bank Limited (RBL) officials came under attack by unionists on Sunder over the scheduled election to the officers’ association, witnesses said.The bank management formed a three-member committee to probe the incident.“We’re now working on the issue,” a committee member told BBN in Dhaka.Some trade-union activists allegedly assaulted members of the officers’ association after the two sides exchanged hot words on Sunday morning, leaving at least seven...
kokos-body-likely-to-arrive-in-bangladesh-tuesday  Dhaka, Bangladesh (BBN)-The body of BNP Chairperson Khaleda Zia’s younger son Arafat Rahman Koko is likely to be brought back to Bangladesh on Tuesday, an official of Bangladesh High Commission in Kuala Lumpur said.The high commission has completed all the necessary formalities to send back the body of Koko, the official said Sunday.Arafat Rahman Koko, who had been living in Malaysia on parole, died of cardiac arrest at Kuala Lumpur around 1:30pm Saturday.It the matter of Koko’s family...
ibbl-management-advised-to-play-pioneer-role-for-economic-growth- Dhaka, Bangladesh (BBN) - The management of Islami Bank Bangladesh Limited (IBBL) has been advised to play pioneer role in industry and agriculture sector by enhancing trade and commerce for the growth of the country. The advice was made at a board of directors meeting of the bank held at its headquarters in the capital Dhaka on Saturday with its acting chairman Engr. Mustafa Anwar in the chair. The meeting also expressed its satisfaction while evaluating the performance of the bank over the...
obama-modi-clear-landmark-nuclear-deal  New Delhi, India (BBN)-"Six years after we signed a bilateral agreement we are moving towards commercial viability," said Prime Minister Narendra Modi, announcing an agreement on the nuclear liability issue after talks with US president Barack Obama.HERE ARE THE LATEST DEVELOPMENTS IN THIS STORY:"This is a natural global partnership," the Indian PM said while addressing a joint press conference with President Obama, who he also referred to by his first name, Barack.President Obama, speaking...
banks-asked-to-comply-with-kyc-for-mobile-banking-by-10-days- Dhaka, Bangladesh (BBN)- The central bank has asked the banks, which are running mobile banking business, to comply with KYC (Known Your Clients) provisions by 10 working days, officials said. The Bangladesh Bank (BB) issued a directive in this connection on Sunday and asked the chief executive officers of all mobile banking service provider banks and organizations to inform the Bangladesh Financial Intelligence Unit (BFIU) of the central bank after complying with the KYC...
around-250-guests-in-banquet-for-obama-tonight New Delhi, India (BBN)-The banquet for US president Barack Obama tonight will be among the biggest to be organised at the Presidential palace Rashtrapati Bhavan.Around 250 guests have been invited for the banquet hosted by President Pranab Mukherjee, reports the NDTV.The number of guests at any such banquet is usually not more than 100.The US president and First Lady Michelle Obama arrived this morning for a three-day visit. President Obama will be the chief guest at tomorrow's Republic Day...
pakistan-cuts-policy-rate-by-100-points-to-85- Karachi, Pakistan (BBN)- The State Bank of Pakistan (SBP), the country’s central bank,  has formally announced the much-expected reduction of 100 basis points in policy rate that stands at 8.5 per cent for the next two months. SBP Governor Ashraf Mehmood Wathra announced the revised rate while announcing monetary policy stance in Karachi on Saturday. The discount rate has reached the lowest level of almost eight years in the central bank’s history as it last stood at 9.0 per cent in 2005 at...
new-horizons-probe-eyes-pluto-for-historic-encounter-California, USA (BBN)-The American space agency's (Nasa) mission to Pluto is about to get under way in earnest.Its new horizons probe will take the first of a set of critical pictures on approach to the icy world on Sunday, reports BBC.At a separation still of 200 million km, Pluto will be hardly discernable in these images - just a speck of light against the stars.But the mission team says this view is needed to help line up the spacecraft correctly for its flyby on 14 July."Optical navigation is...
 

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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

Jan 22-24, 2015

Currency Selling Buying
USD 78.50  77.00 
GBP 119.05 115.05
EUR 91.10 87.10
JPY 0.6708 0.6711
S-Riyal 20.00 19.00
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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