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Bangladesh key economic indicators – Feb 15

DAILY INDICATORS

Thursday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 07.00-08.00 05.50-08.00 Dhaka Stock Exchange index 4,759.32 4,763.71 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Jan. 7.50 7.35 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Jan. 18.12 18.07 Exports(FOB) ($mln)(BB) Dec. 2,72...

India may allow entry to freight vehicles from Bangladesh

India may allow vehicles from Bangladesh to enter and ply in the country when they bring goods, in a big brother gesture to improve bilateral ties and facilitate trade by reducing freight costs and decongesting borders. The measure was originally planned as a bilateral agreement, but with no response from Bangladesh for about a year, the commerce department has now proposed a unilateral offer, government officials said, reports the Economics Times. bd-indiaThe commerce department had written to the road transpo...

New chairman of Heidelberg Cement Bangladesh

Albert Scheuer has been elected chairman of Heidelberg Cement Bangladesh at the company’s board meeting, it said in a statement on Thursday. albert-scheuerScheuer is currently member of the Managing Board of HeidelbergCement and in charge of the Asia-Pacific Group area and worldwide coordination of HeidelbergTechnologyCenter. After joining HeidelbergCement in 1992, Dr Scheuer took on various positions at the Leimen cement plant and HeidelbergTechnologyCenter. From 1998- 2005, he was in charge of te...

Learning parliamentary systems from India!

Speaker of the Indian Lok Sabha  Meira Kumar had conveyed to her Bangladeshi counterpart on Wednesday that India was ready to help strengthen parliamentary systems and structures in Bangladesh. Bangladesh Speaker Shirin Sharmin Chaudhury visited the Lok Sabha on Thursday, and however, managed to exit the House just as Indian MPs resorted to unruly acts over the division of Andhra Pradesh. speakerThe Speaker of Bangladesh’s Parliament Jatiya Sangsad, was in the Lok Sabha’s special box as a state guest when...

Satellite project attracts 6 firms to bid

Six multinational banks and firms have expressed their interest in financing the launch of Bangladesh’s first satellite, Bangabandhu 1, reports Dhaka Tribune. It said the Finance Division and Economic Relation Division (ERD) were scrutinising offers from Export-Import Bank of the US, HSBC France, the Japan Bank for International Cooperation, UK-based CWG Gulf International, and China Great Wall Industry Corporation. satelliteThe Finance Division and ERD have sought a business plan and cash flow chart for the pr...

WB probes Tata project over worker abuse in India

The World Bank (WB) said on Thursday it was investigating allegations that Indian tea plantation workers at a project it is jointly financing with tea giant Tata Global Beverages were being subjected to labour and human rights abuses. TataThe International Finance Corporation (IFC) – a member of the World Bank Group – said its accountability office decided to probe the project run by Amalgamated Plantations Private Limited (APPL) in the northeastern state of Assam after charities had alleged that tea pic...
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