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Bangladesh Business News
Saturday, January 31, 2015 11:02:41 AM GMT +06.00
 

Market Indicators

Latest update at 11:45 am on Jan 27

Indicators Latest Previous Remarks
DSE General Index  4690.42  4708.33  0.38%
Forex reserve (in billion$)   21.86  21.83  
Call money rate  7.0%-9.25%  7.0%-9.25%  
DIBOR   7.9480     7.9362  
Kerb market US$ rate  78.30-78.80  78.40-78.70  
Inter-bank US$-BDT rate  77.80  77.80  
BC-selling US$-BDT rate  78.4710  78.4860  
TT-clean US$-BDT rate  77.4710  77.4860  

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BBN Exclusive

bangladesh-bank-purchases-30m-more-from-a-bank Dhaka, Bangladesh (BBN)- Bangladesh Bank (BB) purchased US$30 million more a commercial bank on Wednesday aiming to keep the country’s inter-bank foreign exchange (forex) market stable, officials said.We’ve brought the US currency from the bank at market rate to protect the interests of exporters and migrant workers keeping the exchange rate of Bangladesh Taka (BDT) against the US dollar stable,” a BB senior official told BBN in Dhaka.The US dollar was quoted at BDT 77.80 in the inter-bank forex...

 

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Banking

banks-asked-to-set-up-cells-on-large-loan-restructuring Dhaka, Bangladesh (BBN)- Bangladesh Bank (BB) has asked commercial banks to set up special cells for...

Apparel

pakistan-launches-gsp-guide-after-one-year- Karachi, Pakistan (BBN) - Pakistan launched the ‘Business Guide for GSP+’ on Thursday to help boosting...
   

Hot Issue

bangladesh-to-continue-cautious-monetary-policy-for-h2- Dhaka, Bangladesh (BBN)- Bangladesh Bank (BB) will continue its ‘cautious’ and ‘investment-friendly’ monetary policy for the second half (H2) of the ongoing fiscal year (FY) 2014-15 with an aim to achieve maximum economic growth by curbing inflationary pressure on the economy. “The cautiously restrained monetary policy stance of H1 FY 2015 will remain unchanged in H2 FY 15, without any new loosening or tightening," BB Governor Atiur Rahman said while formally announcing the monetary polity...
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

how-to-get-calcium-in-your-dietNew Delhi, India (BBN)-Calcium plays an important role in maintaining healthy bones and joints, strong teeth and healthy blood vessels.It also helps regulate blood pressure and prevent diabetes, reports the NDTV.There is no fixed requirement of how much calcium a person should get.It differs from country to country, and even individual to individual.But it usually lies somewhere between 700 mg and 1000 mg.The body can get calcium from one of two source: food or your bones.In fact almost 99 per cent...
espn-selling-cricket-world-cup-on-the-web  New York (BBN)-In a first of its kind arrangement for the sports network, ESPN will sell access to the ICC Cricket World Cup through an online subscription service.Cricket fans in the United States will be able to live-stream the cup's 49 matches in February and March for $99.99, reports CNN.It is being billed as a one-time deal. But ESPN is sure to learn valuable lessons from the experiment lessons that can be applied as the media industry continues to change and fragment.The Cricket World...
isis-chemical-expert-killedAmman, Jordan (BBN)-ISIS militants have attacked Kirkuk in northern Iraq, an effort that might be an earnest attempt to capture the key oil-rich city or perhaps to divert Kurdish troops fighting to capture the Islamist extremist group's stronghold of Mosul.For months, ISIS has been facing off with the Peshmerga- armed fighters who protect Iraqi Kurdistan to the west of Kirkuk. It had gone into areas on Kirkuk's outskirts, but not the central city, reports CNN.Heavily armed militants attacked an...
visa-is-making-a-killing-on-fees  NEW YORK (BBN)- Visa is surging, and that's likely a good sign for the economy.The credit card company reported an 11% jump in payment volume. Over $1 trillion worth of transactions were made on Visa (V) cards from October 1 to December 31. That's not too far off from the size of the total Australian economy, and that was only one quarter for the company, reports CNN.Visa also announced a stock split. On March 19, investors who hold one share in the company will receive four shares. It's a...
suu-kyis-gate-to-be-sold-at-auctionMyanmar (BBN)- The metal gate from the house of Burmese Nobel Prize winner Aung San Suu Kyi is to be sold at auction.The gate, painted the red and yellow of her party in 2007, became a symbol of the struggle against Myanmar's military rulers during her long house arrest, reports BBC.Soe Nyunt, Ms Suu Kyi's supporter and friend, announced the sale with a starting price of $200,000 (£132,600).The money will go towards a new headquarters for Ms Suu Kyi's National League for Democracy (NLD).Ms Suu Kyi...
want-truth-to-emerge-in-saradha-scam-trinamools-mukul-roy- New Delhi, India (BBN)-Trinamool Congress general secretary Mukul Roy said he wanted the truth to emerge in the multi-crore Saradha scam after being questioned by the CBI on Friday, amid fears that he may expose links between senior party leaders and the controversial firm.Sources said Roy cooperated with the Central Bureau of Investigation during the four-hour-long interrogation and didn't stonewall the agency, unlike jailed party colleague and state transport minister Madan Mitra, reports the...
nisha-biswal-to-visit-sri-lanka Washington DC (BBN) - US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal will travel to Colombo, Sri Lanka on February 2–3. Joined by Deputy Assistant Secretary of State for South Asia Atul Keshap, she will review bilateral and regional issues with the new Sri Lankan government, civil society and religious leaders, and other officials, an official statement said on Friday.  This will be the first visit to Sri Lanka by a senior State Department official since...
four-burnt-as-buses-torched-in-bangladesh-capital- Dhaka, Bangladesh (BBN)- At least four people suffered burn injures as miscreants set fire to a passenger bus at Khilgaon in the capital on Friday evening during the BNP-led 20-party alliance’s nonstop countrywide blockade.The four suffered 6 to 15 per cent burns, a burn unit doctor said.Suspected blockaders torched the bus of Turag Paribahan in Khilgaon Rail Gate area around 9:00pm, leaving the four passengers injured, police and fire service official confirmed.Two other buses were set on fire by...
update-blast-at-shia-mosque-kills-50-in-pakistan- Shikarpur, Pakistan (BBN)- More than 50 people were killed and at least 50 others injured in an explosion inside a central imambargah (mosque affiliated with Shia Muslims) in Sindh province's Shikarpur district of Pakistan on Friday.The imambargah is located in Shikarpur's Lakhi Dar area and the explosion occurred just after Friday prayers, reports DwanNews.Deputy commissioner Hadi Bakhsh Zardari said that at least 50 people were killed in the blast. He added that over 50 were injured in the...
apparel-sourcing-show-to-open-in-berlin-on-feb15-17- Hong Kong (BBN) - Asia Apparel Expo will open its doors in Berlin from February 15-17 this year for its fourth edition. As the largest apparel sourcing exhibition in Europe, 220 clothing companies selected for their experience, quality and competence of their production capability will be on show for European clothing companies interested in working with Asian-based apparel manufacturers and suppliers, the organizers said.Countries and territories represented at the Expo include Mainland China,...
 

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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, 2015

Currency Selling Buying
USD 78.50  77.00 
GBP 119.05 115.05
EUR 91.10 87.10
JPY 0.6747 0.6533
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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