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DAILY INDICATORS Sunday Previous Taka/US $ (inter-bank) 78.21-78.22 78.19-78.20 Call money rate (inter-bank) 02.75-05.00 02.75-05.00 Dhaka Stock Exchange index 4,443.15 4,502.16 MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Sept. 6.24 6.17 Bangladesh_Garment_MoneyM2 supply (bln taka) (BB) August 8,053.78 8,047.68 Forex reserves ($bln)(BB) Oct. 27.06 26.38 Exports(FOB) ($mln)(BB) Sept. 2,374.65 3,054.07 Imports(FOB) ($mln)(BB) August 3,226.00 3,767.00 -----------------...

Antidumping probe on jute goods from BD in India

After finding sufficient “prima facie” evidence of dumping of jute products, India has started a probe to ascertain if an anti-dumping duty can be imposed on such imports from Bangladesh and Nepal to save the domestic industry. The Directorate General of Anti-Dumping and Allied Duties (DGAD) has launched the investigation into imports from the two neighbouring countries on the request of Indian Jute Mills Association (IJMA). The association has filed an application “for initiation of anti-dumping investigation and jute goodsimposition of anti-du...

Bangladesh imports US corn

In a historic turn of events, Bangladesh recently purchased almost 100,000 metric tons (3.9 million bushels) of U.S. corn, the largest quantity purchased by the country since 1989 when the U.S. Department of Agriculture’s (USDA’s) Global Agricultural Trade System (GATS) first began recording sales. These sales are directly attributable to U.S. Grains Council (USGC) programming and educational activities to inform Bangladeshi buyers of the current market situation. The Council has been very active and engaged in Bangladesh for the past two years, including bringing a strong bd-us... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Consumer products shining hope in Bangladesh

Bangladesh is emerging as one of the world’s next great growth opportunities for companies with a keen understanding of the nation’s rising consumer class. Every year, 2 million Bangladeshis join the ranks of middle-class and affluent consumers, and they are highly optimistic about the future, value foreign brands, and are jumping onto the digital bandwagon. These are among the findings in a new report by The Boston Consulting Group (BCG). The report, titled Bangladesh: The Surging Consumer Market Nobody Saw Coming, is being released today. The BD couple...

HTC releases six smartphones in BD market debut

Taiwan’s HTC has entered the Bangladesh market for the first time, launching a flagship smartphone and five mid-tier Desire models in a country where local brands hold the biggest market share. The six HTC phones, namely the One M8 Eye, Desire 820s, Desire 626G+, Desire 620G, Desire 526G+ and Desire 326G, will become available in the South Asian nation this week via HTC’s HTCnew distributor Next Nine Corp (NXT9). The prices of the phones range from 11,490-38,990 Bangladesh taka (US$148-$503). “We are pleased to launch our smartphones in the Bangladesh mark...

Bangladesh brokers ‘violating’ labor pact

The local recruitment businesses in Saudi Arabia are complaining that the Bangladesh government has failed to provide the 500,000 housemaids it had promised earlier this year, with only 2,000 employed in the Kingdom over the past six months. Mishari Al-Thufairi, chairman of the recruitment committee at the Riyadh Chamber of Commerce and Industry, said it was clear that the Bangladesh government wants to send men [caption id="attachment_20220" align="alignleft" width="540"]Arab News - In this January 2015 file photo, then acting Labor Minister Adel Fakeih, right, exchange mementos with Ba... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=
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