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Traders buy 150,000t wheat from Indian

Three traders in Bangladesh have bought 150,000 tonnes of wheat from neighbouring India at prices ranging from $302 to $305 a tonne, including cost of delivery to Chittagong port, two sources said on Wednesday. wheatBangladesh has turned to India for wheat supplies since New Delhi lifted a ban on exports in 2011. Separately, Bangladesh's state grains buyer has received the lowest offer from Glencore of $303 a tonne, including freight, insurance and other expenses, in a tender that opened on Tuesday. Bangladeshi tr...

Bangladesh key economic indicators – Jan 30

DAILY INDICATORS

Wednesday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.7525 Call money rate (inter-bank) 06.25-08.00 06.00-08.00 Dhaka Stock Exchange index 4,748.51 4,706.54 --------------------------------------------------------------- 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...

BD man faces UAE court for molesting, injuring woman

A Bangladeshi expatriate faced a court in the United Arab Emirates on Tuesday for allegedly molesting and injuring a Filipina waitress last September. But the Bangladeshi, 25, denied the charges when he faced the Dubai Court of First Instance, according to a report on Gulf News on Wednesday. He had been accused of kissing and hugging the Filipina waitress on Sept. 28. Presiding judge Mohammad Jamal will hand out a ruling on February 16. torture womenAccording to the Filipina, she ...

BIAC holds dialogue on Int’l Commercial Arbitration

A Dialogue entitled “Relative Role of International Law and Domestic Law in International Commercial Arbitration” was held on Tuesday at a local hotel organized by Bangladesh International Arbitration Centre (BIAC). The keynote speaker at the Dialogue was the former Solicitor General of Australia Dr. Gavan Griffith, BIAC Chief Executive Dr. Toufiq Ali welcomed the participants and requested Dr. Kamal Hossain to moderate the event. DSC_0729_editDr. Hossain observed that in inte...

Bangladesh key economic indicators – Jan 29

DAILY INDICATORS

Tuesday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,706.54 4,751.61 --------------------------------------------------------------- indicator 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 ----------------...

Dhaka Chamber hails monetary policy, urges interest cut

The Dhaka Chamber of Commerce and Industry (DCCI) urged the Bangladesh Bank to take steps to reduce the bank interest rate to achieve the 16.50 per cent private sector credit growth targeted in the monetary policy for the second half of the current fiscal year. Terming the newly announced Monetary Policy Statement (MPS) as investment-friendly, DCCI said it will assist in achieving the targeted economic growth by taking the internal and external economic indices to a positive place. dcciThe chamber body in a statement ...
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