Action plan for realising potential of Bali outcome
The ninth ministerial conference (MC9) of the World Trade Organization (WTO) which was held in Bali on 3-6 December has created a new benchmark for the faltering Doha Development Round (DDR). Since the launch of the DDR in 2001, the international economy has undergone significant changes.
This has happened due to volatile food and commodity prices, shocks emanating from global financial and economic crisis, proliferation of regional and bilateral free trade arrangements and weak commitment to the Aid for Trade programme, according to the editorial of the current ICCB News Bulletin (October-December 2013 issue) of International Chamber of Commerce-Bangladesh released here on Tuesday.
HR Kites to present HR Concert
HR Kites is going to organize a special Global Certification Program titled “HR Concert” focusing to change the traditional HR practices and mindsets. HR Concert is 1st ever in platform to learn with fun and to network with huge diverse experts from industries through an experience to add value to economy of Bangladesh with its emerging market in the right time – 2014. The program will take place on January 31, 2014.
To best utilize the talent pipeline, HR must have the skills and attitude to become strategic partner of the business, hence creating a synergy a...
Yellow, bKash sign deal on mobile payment
Yellow and BKash signed an agreement recently. As per the agreement BKash will supply Yellow with mobile payment facilities to facilitate Yellow's e-commerce initiatives, says a press release.
Customers living anywhere in Bangladesh will be able to order Yellow merchandise from the Yellow website, and make payment from their mobile phones using the BKash mobile wallet.
Shehryar Burney, Executive Director of Yellow and Rezaul Hossain, Chief Commercial Officer of Bkash were present at the signing cere...
Bangladesh key economic indicators – Jan 21
DAILY INDICATORS
Monday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 06.25-08.10 Dhaka Stock Exchange index 4,550.48 4,519.36 --------------------------------------------------------------- MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,2...Bangladesh key economic indicators – Jan 20
DAILY INDICATORS
Sunday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.7525 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,565.40 4,519.36 --------------------------------------------------------------- MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,212.44 2,119.20 Imports(FOB) ($mln)(BB) Oct. 2,751.00 2,658.00 -----------------...Call money market robust after easing political climate
Country’s call-money market is witnessing accelerated transactions as both the lending and borrowing increased throughout the last one week thanks to the changed and improved political climate following the January 5 national election.
As the demand for cash rises, the weighted average rate of interest on the overnight borrowing from the money market increased to 7.21 percent Sunday from 7.15 percent a week ago.
Bangladesh Bank data show that a total of Tk 6623.50 crore was transacted at the call...