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Bangladesh Business News
Wednesday, August 20, 2014 04:37:30 PM GMT +06.00
 

Market Indicators

Latest update at 1:12 pm on Aug14

Indicators Latest Previous Remarks
DSE General Index  4560.82  4527.21  0.74% 
Forex reserve (in billion$)   22.05  21.94  
Call money rate  5.25%-8.0%  5.25%-8.25%  
DIBOR   6.3285       6.8629  
Kerb market US$ rate  78.80-79.10  78.30-78.60  
Inter-bank US$-BDT rate  77.45-77.46  77.46-77.48  
BC-selling US$-BDT rate  77.9437  77.9496  
TT-clean US$-BDT rate  76.9437  76.9496  

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Rupali Bank

BBN Exclusive

bangladesh-bank-withdraws-bdt-4055-billion-from-market-tuesday Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) withdrew BDT 40.55 billion from the market through reverse REPO auction on Tuesday, officials said. Eight bids of 1-day tenor amounting total of BDT 40.55 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent, according to the auction result. BBN/SSR/AD-20Aug14-1:37 am (BST)

 

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Banking

bangladesh-bank-enhances-green-refinancing-scheme Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has extended its refinancing scheme for green...

Apparel

five-tuba-group-factories-closed Dhaka, Bangladesh (BBN)- The Tuba Group authorities have declared their five units closed for an...
   

Hot Issue

yield-on-10-year-bgtbs-falls-significantly- Dhaka, Bangladesh (BBN)- The interest rate on the Bangladesh Government Treasury Bonds (BGTBs) felt significantly on Tuesday, as commercial banks rushed to offer bids in the auction, treasury officials said. The yield, generally known as interest rate, on 10-year BGTBs came down to 11.33 per cent on the day from 11.59 per cent of the previous auction, held on July 15 last, according to the central bank statistics. Eighty bids amounting to BDT 24.78 billion were offered against pre-targeted...
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Latest News

shakib-will-be-missed-in-windies-says-bangladesh-skipper  West Indies (BBN)-Ahead of the first ODI against the West Indies, Bangladesh skipper Mushfiqur Rahim has said that the absence of star all-rounder Shakib Al Hasan from the tour will be felt hard within his side.Shakib, former Bangladesh skipper, is serving a six-month suspension meted out to him by the cricket board due to 'misbehaviour' with new head coach Chandika Hathurusingha and his squabble with a spectator during three-ODI series against India in June. The leading all-rounder starred...
apple-soars-to-record-amid-optimism-about-coming-products  New York (BBN)-Apple Inc’s stock soared to an all-time high, surpassing a 2012 record as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth.Apple rose 1.4 percent to $100.53 yesterday, topping the split-adjusted record of $100.30 reached on September 19, 2012, just before the iPhone 5 went on sale, reports Bloomberg. The shares, which have advanced 25 percent this year, extended their gains today before the...
staples-to-shut-140-stores-as-sales-decline  New York (BBN)-Staples Inc. (SPLS) will shut about 140 locations this year, part of a store-closing plan announced earlier, as the world’s largest office-supply chain responds to online competition. Staples shut 80 outlets in North America in the fiscal second quarter. Net income in the three months ended August 2 dropped 20 percent to $82 million, or 13 cents a share, as $101 million was spent on closing locations, the Framingham, Massachusetts-based company said in a statement today,...
link-trade-investment-patterns-with-asia-says-study  Bandar Seri Begawan, Brunei (BBN)-Countries outside the mega-regional trade agreements should link their trade and investment patterns to the Asia-Pacific region sooner rather than later, a report by the World Economic Forum (WEF) Global Agenda Council on Trade and Foreign Direct Investment said.In the WEF report titled Mega-regional Trade Agreements: Game-Changers or Costly Distractions for the World Trading System?, Sherry Stephenson, senior fellow of the Geneva-based International Centre...
bangladesh-pushes-for-brunei-dhaka-direct-flights  Bandar Seri Begawan, Brunei (BBN)-The Bangladesh High Commissioner in Brunei has urged Royal Brunei Airlines (RB) and Bangladesh’s Biman Airlines to begin official talks and pursue their initial interests of establishing direct air links.“We (Bangladesh and Brunei) have mentioned the idea of a code-sharing agreement before and that both airlines were interested. So I advised both airlines to start talks already,” Bangladesh HC Mohammed Abdul Hye told The Brunei Times recently.Last year, he...
bangladeshs-current-account-surplus-sees-dwindle  Dhaka, Bangladesh (BBN)-Bangladesh's current account surplus in the 2013-14 fiscal year concluded in June shrank by 35 percent to reach over 1.5 billion U.S. dollars as the country witnessed moderate growth in export earnings and inflow of remittances, an official said Tuesday.Quoting the Bangladesh Bank (BB) data, the official, on condition of anonymity, said the central bank current account balance showed a surplus of 1,547 million U.S. dollars in the 2013- 14 fiscal year (July 2013-June...
bangladeshs-stocks-return-to-redDhaka, Bangladesh (BNN)-Bangladesh’s stocks edged marginally lower on Wednesday after previous session’s upturn as investor went for short-term profit booking on large and mid-cap stocks.The market opened with a positive note, but the positive outlook faded away as session progressed. DSEX, the prime index of the Dhaka Stock Exchange (DSE), ended at 4,553.86 points, shedding 22.50 points or 0.49 percent. The other two indices also ended in the red. The DS30, comprising blue chips lost 6.17 points or...
india-yoga-guru-bks-iyengar-dies  Pune, India (BBN)-Indian yoga guru BKS Iyengar has died in the western city of Pune, aged 95. Mr Iyengar was admitted to hospital last week and died early on Wednesday following kidney problems, doctors treating him said, reports BBC. Mr Iyengar was credited with his own brand of yoga, and taught author Aldous Huxley and violinist Yehudi Menuhin, among other celebrities. Iyengar yoga is now taught in more than 70 countries and the guru's books have been translated into 13 languages. One...
is-militants-kill-reporter-on-video Baghdad, Iraq (BBN)-The Islamic State militant group has released a video online purporting to show the beheading of US journalist James Foley, missing since 2012. The militants said the killing was revenge for US air strikes against the Islamic State group in Iraq, reports BBC. Foley's mother Diane said on Facebook she was proud of her son: "He gave his life trying to expose the world to the suffering of the Syrian people." The White House said if the video was genuine, the US would be...
9-palestinians-killed-as-gaza-truce-endsGaza, Palestine (BBN)-Palestinian officials say at least nine people have been killed in Gaza in new Israeli air strikes - the first deaths in more than a week.A young child and a woman were among the victims. Some reports said they were the wife and daughter of prominent military commander Mohammed Deif, reports BBC.Israel said about 50 rockets were launched from Gaza on Tuesday, but there were no injuries reported.The hostilities resumed hours before a temporary ceasefire was due to expire.Talks...
 

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Prayer Timings

  Begining Jamaat
Fajr 4:20 4:55
Zohr 12:45 1:15
Asr 5:00 5:15
Maghrib 6:47 6:50
Esha 8:15 8:45

Exchange Rate

Aug 14-17, 2014

Currency Selling Buying
USD 79.50  78.00 
GBP 129.45 125.45
EUR 104.45 100.45
JPY 0.7700 0.7449
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 1.29 1.19

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