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Bangladesh urges KSA to reconsider Haj quota

Bangladesh has urged Saudi authorities to reconsider the 20 percent cut in quota of foreign Haj pilgrims and also to implement the electronic web portal service for Haj from this year to expedite various Haj processes. bd-ksaBangladesh Religious Affairs Minister Mohammed Mutiur Rahman discussed these two vital subjects with Saudi Haj Minister Dr. Bandar Al Hajar on Sunday when he met with him at his office in Jeddah, Mohammad Nazmul Islam, Bangladesh consul general said. “We discussed a wide range of subjects related to improvement of Haj services to pil...

Glencore wins wheat tender at $303/T

Trading firm Glencore has won a tender to supply 50,000 tonnes of wheat to Bangladesh after submitting the lowest offer at $303 a tonne including CIF liner out, an official at the state grains purchasing agency said on Monday. wheatThis was the lowest price it has paid in tenders for wheat in the current financial year that began in July 2013. The source of the wheat would be India, market insiders said, as it is competitive with rival supplies from the Black Sea region. Such imports are crucial for the South Asian nation to feed its poor and keep domest...

Bangladesh key economic indicators – Feb 17

DAILY INDICATORS Sunday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 07.00-08.25 05.50-08.25 Dhaka Stock Exchange index 4,713.88 4,759.32 --------------------------------------------------------------- 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. 2,726.20 2,212.44 Imports(FOB) ($mln)(BB) Nov. 2,506.00 2,751.00 ------...

Trade deficit shrinks

Bangladesh’s trade deficit during the first six months of the 2013-2014 fiscal contracted by 58.29 percent to about $1.53 billion year-on-year, the central bank data showed Sunday. remmitanceThe Bangladesh Bank data showed the country’s import payment was $16.044 billion, down 0.11 percent, during the July-December period of the current fiscal (July 2013-June 2014) while earnings from exports stood at $14.511 billion, up 17.15 percent, during the same period, reported Xinhua. The data showed that ...

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...
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