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Bangladesh Business News
Tuesday, November 25, 2014 02:23:19 AM GMT +06.00
 

Market Indicators

Latest update at 1:15 am on Nov25

Indicators Latest Previous Remarks
DSE General Index  4768.90  4838.11  1.43%
Forex reserve (in billion$)   21.62  21.63  
Call money rate  6.25%-8.5%  6.25%-8.5%  
DIBOR   7.3201       7.3423  
Kerb market US$ rate  78.10-78.40  78.00-78.30  
Inter-bank US$-BDT rate  77.57-77.60  77.57  
BC-selling US$-BDT rate  78.3959  78.2308  
TT-clean US$-BDT rate  77.3959  77.2308  

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BBN Exclusive

sundays-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. Take preparations for negotiations on new, emerging trade issues Trade experts on Saturday suggested that the least developed countries including Bangladesh should immediately undertake necessary preparation to reap benefits from negotiations on new and emerging trade issues and to bring momentum in the current trade negotiations of the...

 

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Banking

loan-rules-relaxed-to-facilitate-agro-microcredit-disbursement-in-bangladesh Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has relaxed its loan provisioning policies to...

Apparel

australian-buyers-urged-to-visit-bangladeshs-rmg-factories Dhaka, Bangladesh (BBN) - Commerce Minister of Bangladesh Tofail Ahmed has urged the Australian buyers...
   

Hot Issue

bangladeshs-bad-loans-surge-by-3268-in-jan-sept Dhaka, Bangladesh (BBN)- Bad loans, the worst category of the non-performing loans (NPLs), in the country’s banking sector increased by 32.68 per cent to BDT 423.53 billion in the first nine months of this year due to most of the banks’ failure in recovering such loans amid rising financial irregularities. The bad loans rose to BDT 423.53 billion as of September 30, 2014 from BDT 319.20 billion as of December 31, 2013. It was BDT 394.45 billion as of September 30, 2013. As of September 30, 2014,...
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Latest News

goons-from-bangladesh-feeling-threatened-in-west-bengal New Delhi, India (BBN)-Mamata Banerjee has decided to take on the BJP and with each passing day she seems to be getting more confrontational. It is clear that the Burdwan blast was an accident as a result of which all of us got to know what exactly was going on, reports oneindia.com. Amar Bhushan, who headed the counter espionage department in the Research and Analysis Wing, says when they had done a survey in 1991, they had found that there was a 200 per cent increase in the number of illegal...
bangladesh-thrash-zimbabwe-in-2nd-odi  Chittagong, Bangladesh (BBN)-Left-arm spinner Arafat Sunny claimed his career best 4-29 to spin Bangladesh to a 68-run win over Zimbabwe in the second one-day international on Sunday.Captain Mashrafe Bin Mortaza chipped in with 3-34 as Zimbabwe was bowled out for 183 in pursuit of Bangladesh's 251-7.Solomon Mire, playing only his second ODI, was the top scorer with 50. Skipper Elton Chigumbura made 38 and Regis Chakabva contributed 32.Mortaza cowed Zimbabwe with a combination of pace and...
women-are-not-equal-to-men-turkey-president  Turkey (BBN)-Turkish President Recep Tayyip Erdogan has said women cannot be treated as equal to men, and has accused feminists of rejecting motherhood."You cannot put women and men on an equal footing," he told a meeting in Istanbul. "It is against nature."He also said feminists did not grasp the importance of motherhood in Islam, reports BBC.His comments often seek to appeal to his pious core supporters, says the BBC's Mark Lowen in Istanbul, but they anger more liberal voters.Turks who...
bangladesh-stock-brokers-for-stopping-bb-monitoring Dhaka, Bangladesh (BBN)-Stock brokers and dealers have urged the management of Dhaka Stock Exchange (DSE) to take initiative with the securities regulator so that the central bank does not conduct unnecessary monitoring over their activities. They expressed their concern Monday at a meeting arranged to discuss the launching of new automated trading system. “Stock brokers and dealers who are compliant also feel pressure due to day to day monitoring of central bank. That’s why the brokers have...
hamid-fabrics-gets-listing-approval-from-dseDhaka, Bangladesh (BBN)-Hamid Fabrics Limited (HFL), a textile maker, got the listing approval from the Dhaka Stock Exchange (DSE) Monday, taking the way to make its debut on the premier bourse. The approval came at a DSE board meeting held Monday at the DSE board room chaired by its Chairman Justice Siddiqur Rahman Miah.Trading date of Hamid Fabrics will be announced soon, said a DSE official. “We will fix the trading date after transferring shares to respective beneficiary owners’ (BO) accounts,”...
hefajat-threatens-with-daylong-hartal-thursdayDhaka, Bangladesh (BBN)-Hefajat-e Islam and an alliance of different Islamic parties have threatened the government with imposing a countrywide daylong hartal for Thursday if sacked posts, telecommunications and information technology minister Abdul Latif Siddique is not arrested by Wednesday.The fresh hartal call came Monday, a day after the minister returned home from India.He came under fire after making "derogatory" comments about Prime Minister Sheikh Hasina's son Sajeeb Wazed Joy, hajj,...
global-business-confidence-at-5-yr-low  London (BBN)-Global business confidence slipped to five-year low in October, according to a survey of 6,100 companies.The number of firms that expect business activity to be higher in the year ahead exceeded those that expected a decline by about 28%, reports BBC.But, that net balance was lower than 39% in June and the lowest since the Markit Global Business Outlook Survey began in 2009.Hiring and investment plans also dipped to post financial crisis lows."Clouds are gathering over the...
dsex-dips-below-4800-markDhaka, Bangladesh (BBN)-Bangladesh’s stocks fell further on Monday with key index of the major bourse dipping below 4,800-mark after more than two months since September 16 last.DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,768.90 points, shedding 69.20 points or 1.43 percent.The other two indices also saw sharp decline. The DS30, comprising blue chips lost 32.08 points or 1.79 percent to close at 1,753.05 points.The DSE Shariah Index shed 23.04 points or 2.03 percent to close...
hrw-for-compensation-of-tazreen-victims-familiesNew York (BBN)-The international rights body Human Rights Watch has urged the global clothing brands to immediately assist and compensate the victims of Tazreen victims and their families.“Global clothing brands tied to a Bangladesh factory that caught fire two years ago should immediately support full and fair compensation for workers and families of the dead,” said a statement of the New York-based rights body which published on November 23, marking the two years of the tragedy.“Survivors of the...
icb-declares-45pc-cash-dividendDhaka, Bangladesh (BBN)-The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 45 percent cash dividend for the year ended on June 30, said an office disclosure on Monday.The final approval of the dividend will come during the AGM scheduled to be held on December 20 in Dhaka. Record date of the company is December 3.The corporation has reported consolidated net profit after tax of BDT 3,605.80 million, consolidated EPS of BDT 85.47, consolidated NAV per share of BDT...
 

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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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