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Bangladesh key economic indicators – Jan 22

DAILY INDICATORS
Tuesday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.7525 Call money rate (inter-bank) 06.50-08.00 05.50-08.10 Dhaka Stock Exchange index 4,584.63 4,550.48 --------------------------------------------------------------- indicatorMONTHLY 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. 2,21...

Etihad appoints new manager for Bangladesh

Etihad Airways, the national airline of the United Arab Emirates, has appointed Hanif Zakaria as its General Manager for Bangladesh. Hanif joins Etihad Airways from Safi Airways, where he held a number of senior sales positions in the Gulf region. Hanif started his career with British Airways in the airline’s Saudi offices. He then went on to become the Branch Manager of Saudi Tourist and Travel Bureau before moving on to Emirates Airlines where he spent 20 years of his career working mainly in the field of airline trade management. Hanif

Backward slide on human rights in Bangladesh: HRW report

Bangladesh tumbled backward on human rights in 2013 as the government engaged in a harsh crackdown on members of civil society, the media and political opposition, Human Rights Watch said in its World Report 2014 released Tuesday. The authorities often employed violent and illegal measures against protesters, and failed to initiate any investigations into credible allegations of unlawful deaths at the hands of its security forces, it said. Measures to protect labour rights after a series of factory deaths fell far short of international standards. human rights Bangladesh

FGV eyes Pakistan, India, Bangladesh marts

Felda Global Ventures Holdings Bhd (FGV), the world's third largest oil palm plantation operator, is eyeing a bigger external network and to tap the Pakistan, India and Bangladesh markets this year. fgb Senior Vice-President and Acting Head of Downstream, Zakaria Arshad of the company said these countries offered tremendous business potentials, especially in exporting downstream products which FGV has to offer. "FGV is targeting markets that have few players and at the same time have big consumer spending of which most ...

UCB provides $ 21.975m to finance 50 MW power plant

United Commercial Bank Ltd (UCB), as the lead arranger for the fund disbursement for financing a 50 MW independent power generation plant namely Baraka Patenga Power Limited raised $ 21.975 million  under the Investment Promotion and Financing Facility (IPFF) of Bangladesh Bank (BB). A Fund Disbursement program was arranged at a local hotel in Dhaka on Tuesday. BB Governor Dr. Atiur Rahman graced the event as Chief Guest. IMG_9926UCB raised the fund under the Investment Promotion and Financing Facili...

Robi hands over insurance cheque

Mobile phone operator Robi Axiata Limited has settled subscribers’ insurance claim in Noakhali recently. Noakhali BIMAMd. Sultan Ahmed received the insurance cheque from Robi amounting BDT 32,000. He is the nominee of Late Abdul Latif, Mojumdar Bari, Ibrahimpur, Senbag, Noakhali. Robi has introduced the Life insurance offer for its prepaid subscribers last year. Subscribers can registrar for this service by dialing *1216*1# or through the agent of Milvik. A fixed amount will be deposited in...
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