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Bangladesh Business News
Friday, March 27, 2015 03:49:27 PM GMT +06.00
 

Market Indicators

Latest update at 11:41 am on Mar 24

Indicators Latest Previous  
DSE General Index  4496.35  4506.52  
Forex reserve (in billion$)   22.78  22.76  
Call money rate  7.5%-8.0%  7.0%-8.0%  
DIBOR   7.6460     7.6501  
Kerb market US$ rate  78.60-79.20      78.60-79.10  
Inter-bank US$-BDT rate  77.80  77.80  
BC-selling US$-BDT rate  78.2023  78.1990  
TT-clean US$-BDT rate  77.2023  77.1990  

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BBN Exclusive

fridays-morning-news-highlights-of-bangladesh Dhaka, Bangladesh (BBN)- The BBN (Bangladesh Business News) has prepared the morning news highlights compiling reports, published by different newspapers and news portals in Bangladesh. Cost of debt swelling The government's debt servicing costs are set to balloon after sales of high interest-bearing savings instruments rocketed in the first eight months of the fiscal year.Between July last year and February this year, sales of savings instruments soared 77.41 percent year-on-year to Tk 26,533...

 

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Banking

non-banks-barred-from-sacking-ceos-without-bb-permission- Dhaka, Bangladesh (BBN) - The central bank of Bangladesh on Wednesday amended its rules on appointment...

Apparel

india-plans-to-set-up-apparel-units-in-eight-ne-states- Agartala, India (BBN)- The Indian government plans to set up apparel manufacturing units in its eight...
   

Hot Issue

weekly-review-bangladeshs-stocks-break-losing-streak-Dhaka, Bangladesh (BBN)-Bangladesh’s stocks returned to green last week, breaking five weeks losing streak as investors are optimistic to end of the ongoing political crisis.This week featured four trading sessions like previous week as the market remained closed on Thursday due to a public holiday on the occasion of Independence Day of Bangladesh. Of those, first and last session closed higher while mid two sessions saw marginal loss.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange...
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

blackberry-posts-profit-for-fourth-quarterToronto, Canada (BBN)-Canadian mobile phone firm Blackberry has posted better-than-expected fourth-quarter earnings, but its revenues showed a larger-than-expected drop.It reported net profit of $28m (£18.8m), against a loss of $148m a year earlier, reports BBC.It was the second quarter running the company had posted a surprise profit.However, revenue slid to $660m from $793m, below analysts' expectations. For the year, Blackberry reported that its loss had narrowed to $304m."Our focus this...
umpire-dar-out-for-no-ball-call-in-india-bangladesh-qfSydney, Australia (BBN)-Umpire Aleem Dar has lost the confidence of the International Cricket Council after two horrible gaffes, which have left a big question mark on his career.When he was not named to officiate in the two semi-finals at the World Cup there was hope that the award-winning Pakistani umpire would be considered for the final at the MCG on March 29, reports rediff.com.Instead, last year's best umpire, Richard Kettleborough of England, and Sri Lanka's Kumar Dharmasena were named for...
bb-injects-bdt-3860bn-withdraws-bdt-114bn-wednesday- Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) injected BDT 38.60 billion in the market providing liquidity support to the banks on Wednesday, officials said.Twenty-eight primary dealer (PD) and non-PD banks of 4-day tenor amounting total of BDT 38.5981 billion were provided as Liquidity Support Facility. The rate of interest of the Liquidity Support Facility was 7.25 percent, according to the auction result.On the other hand, the central bank withdrew BDT 1.14 billion from the market using its...
result-of-30-day-bangladesh-bank-bills-auction- Dhaka, Bangladesh (BBN)- Auction of 30-Day Bangladesh Bank bills was held on Wednesday, officials said.One bid amounting to BDT 780 million was offered and the bid was accepted. The rate of weighted average yield of the accepted bid was 5.25 percent, according to the auction result. BBN/SSR/AD-27Mar15-5:19 pm (BST)
sensex-gains-236-points-as-new-fao-series-beginsMumbai, India (BBN)-The 30-share index, which had lost 1,278.80 points in the previous seven sessions on rising geopolitical tension in the Middle-East, rose by 0.86 percent.The benchmark BSE Sensex recovered over 236 points at 27,694.41 in early trade on Friday on fresh buying by participants as the April series in derivatives segment began amid positive Asian cues, reports PTI.The 30-share index, which had lost 1,278.80 points in the previous seven sessions, including Thursday’s fall of 654.25...
rupee-rises-4-paise-against-dollar-in-openingNew Delhi, India (BBN)-The rupee recovered from initial losses against the U.S. currency and was quoted higher by four paise at 62.63 on fresh selling of dollars by banks and exporters due to weakness of the Greenback in overseas markets.The rupee resumed lower at 62.80 as against Thursday’s closing level of 62.67 on initial dollar demand from banks, reports PTI.However, it recovered from initial losses and firmed up to 62.61 on fresh selling of dollars by exporters before quoting at 62.63 per...
pepsi-overtakes-diet-coke-in-us-New York (BBN)-Pepsi outsold Diet Coke last year to become the second most popular carbonated drink in the US, as health-conscious consumers continued to shun products with artificial sweeteners.Coca-Cola maintained the top-spot, but sales of its sugar-free alternative fell by 6.6%, according to new figures by trade publication Beverage Digest, reports BBC.Diet Pepsi sales fell by more than 5%.Nonetheless, both companies posted a modest increase in overall sales in 2014.Once a common sight on dining...
aci-dominates-dse-weeks-top-turnover-chart  Dhaka, Bangladesh (BBN)-ACI Limited, a pharmaceutical company, dominated the week’s top turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Wednesday. A total of 1.56 million shares worth BDT 759.82 million changing hands last week. Daily average turnover was BDT 189.96 million. Each share of the company closed at BDT 511.5 on the DSE, registering an increase of 11.32 percent over the week, according to the DSE website. The company has reported consolidated net...
japan-economy-at-brink-of-deflation-Tokyo, Japan (BBN)-Annual core consumer inflation in Japan, the world's third-largest economy, stopped rising for the first time in nearly two years in February.The core consumer price index (CPI) was flat from a year ago, stripping out the effect of last year's sales tax increase in April, reports BBC.The last time the core CPI did not rise was in May 2013, when it was flat.The latest figures are moving further away from the Bank of Japan's (BOJ) inflation target of 2%.The headline core CPI, which...
asian-shares-up-despite-japanese-dataTokyo, Japan (BBN)-Asian shares were mostly up despite weak economic data from Japan underlining the struggle policymakers face in reviving the world's third-largest economy.Consumer inflation, excluding the impact of the April 2014 tax rise, returned to zero for the first time in nearly two years in February, reports BBC.Meanwhile, household consumption was 2.9% lower than a year ago, while retail sales were down 1.8%.The Nikkei was up 0.5% to 19,576.78.The dollar was at 119.21 yen early on Friday,...
 

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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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