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BBN Exclusive
Bangladesh (BBN)- Bangladesh’s overall import orders increased by more than 19 percent in April 2013 compared to the corresponding period of the previous year despite political unrest, officials said.Opening of letters of credit (LCs) against imports, generally known as import orders, rose to US$ 3.32 billion in April, 2013 from $ 2.78 billion in the same month last year, according to the central bank statistics."We expect that the rising trend of overall imports may continue in the coming...
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Opinons
The Bangladesh Bank (BB), the country’s central bank, has have taken a number of initiatives to promote small and medium enterprises (SME) lending, says BB Governor Atiur Rahman In our country, 90% private sector enterprises are SMEs. 70 to 80% of the...
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Banking
Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has started a study on spread calculation aiming...
Apparel
Dhaka, Bangladesh (BBN) - The apparel manufacturers' body has decided to suspend membership of the...
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Hot Issue
Dhaka, Bangladesh (BBN)- The central bank of Bangladesh has proposed to the government to use its BDT 9.0 billion profit as refinancing scheme for stock brokers to revamp capital market.Bangladesh Bank (BB) Deputy Governor SK Sur Chowdhury put forward the proposal at a press conference held at the central bank conference room on Wednesday."We proposed that the government can use the fund under its budget allocation. The central Bank will not take any responsibility of the fund," Mr Chowdhury said.He...
Latest News
Dhaka, Bangladesh (BBN)- Nobel laureate Professor Muhammad Yunus met the chief executive officers (CEOs) of top clothing retailers at the Consumer Goods Forum in Tokyo on June 11-13 this year. Professor Yunus was a keynote speaker at the conference, a Yunus Centre statement said in the capital Dhaka on Monday.He invited the CEOs of the top retail companies for a private meeting with him on the sidelines of the conference to discuss the situation of garment industry in Bangladesh. “They had a hour... Dhaka, Bangladesh (BBN): The prices of most stocks on the bourses--- the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend at early hours on Tuesday after previous session’s mild correction. The General Index of the Dhaka Stock Exchange (DSEX) went up by 21.06 points within first 30 minutes of trading at 11am to stand at 4,394.68 points when the report was filed.Of the issues traded then, 144 advanced, 37 and 21 remained unchanged.Turnover on at DSE stood at BDT... Dhaka, Bangladesh (BBN): The market faced mild correction on Monday with turnover remained upbeat as cautious investors’ booked marginal profit.The General Index of the Dhaka Stock Exchange (DGEN) ended at 4,373.62 points, slipping marginally by 12.26 points or 0.27 per cent.The other two indices also declined slightly --- the DSEX went down by 13.97 points or 0.33 per cent to close at 4,165.70 points while the blue chip index DS30 lost 10.01 points or 0.65 per cent to close at 1,526.26 points.Total... Dhaka, Bangladesh (BBN): Trading of the shares of Familytex (BD) Ltd will commence at Dhaka Stock Exchange and Chittagong Stock Exchange from tomorrow (on Tuesday) under 'N' category, officials said.DSE Trading Code for Familytex (BD) Ltd is "FAMILYTEX" and DSE Company Code # 17457 while CSE Scrip Code 'FAMILYTEX' and scrip ID 12045.Familytex is the 30th listed company in textile sector in the premier bourse while it is the 25th listed firm in textile and clothing sector in the port city bourse.The... Dhaka, Bangladesh (BBN): The prices of most stocks on the bourses--- the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend at early hours on Monday, maintaining the previous session’s positive trend. The General Index of the Dhaka Stock Exchange (DSEX) went up by 57.93 points within first 30 minutes of trading at 11am to stand at 4,443.82 points when the report was filed.Of the issues traded then, 200 advanced, 22 and 10 remained unchanged.Turnover on at DSE stood... Dhaka, Bangladesh (BBN): The prices of most stocks on the bourses--- the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend at early hours on Sunday, the first trading session of the week. The General Index of the Dhaka Stock Exchange (DSEX) went up by 26.75 points within first 30 minutes of trading at 11am to stand at 4,326.41 points when the report was filed.Of the issues traded then, 182 advanced, 16 and 14 remained unchanged.Turnover on at DSE stood at BDT 680... Dhaka, Bangladesh (BBN): Ahsanul Islam Titu has been elected the new president of the Dhaka Stock Exchange (DSE) on Saturday.Ahsanul Islam, also the chairman of Mona Financial Consultancy & Securities Ltd, replaces Md Rakibur Rahman.Md Shajahan, managing director of Jahan Securities and Md Mizanur Rahman Khan, managing directors of Dhanmondi Securities were elected senior vice president and vice president respectively.Twelve directors, including newly-elected four directors, elected the president,... Dhaka, Bangladesh (BBN): After previous week’s sharp gain, the market closed flat with stable turnover value as profit-taking and rebalancing were core sentimental forces during the week.The week witnessed five trading sessions as usual. Among those, three sessions saw upward trend, while remaining two sessions witnessed downward trend.Week-on-week the General Index of the Dhaka Stock Exchange (DGEN) slipped only 1.08 points, giving up 0.03 per cent to close at 4,299.66 points.The other two indices,... Dhaka, Bangladesh (BBN): The prices of most stocks on the bourses--- the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend at early hours on Thursday, the last trading session of the week. The General Index of the Dhaka Stock Exchange (DSEX) went down by 20.73 points within first 30 minutes of trading at 11am to stand at 4,307.75 points when the report was filed.Of the issues traded then, 56 advanced, 128 and 28 remained unchanged.Turnover on at DSE stood at BDT... Dhaka, Bangladesh (BBN): Mr. A K M Ziaul Hasan Khan, FCA, has joined the Dhaka Stock Exchange (DSE) as the Chief Financial Officer (CFO) on Wednesday, says a press release.He has been replaced Mr Shuvro Kanti Chowdhury. Prior to this, Mr. Khan was the finance director at Radisson Blu Water Garden Hotel since February 2009. Mr Khan obtained his post graduate degree from University of Dhaka in Accounting. BBN/BB/AD/12Jun-13-5.40pm (BST).
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