Bangladesh key economic indicators – Jan 11

DAILY INDICATORS

Thursday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 06.25-08.00 Dhaka Stock Exchange index 4,407.82 4,391.27 --------------------------------------------------------------- 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...

Bibiyana-1 power plant through bidder’s credit

The government is going to implement the 450MW Bibiyana-1 power plant project through bidder’s credit instead of independent power producer (IPP), after cancelling Summit Group’s bid. According to official sources, the Power Division has taken up an initiative in this regard last week on the basis of a recommendation of the government’s Power Development Board (PDB). Bibiana-gasAn official at the Power Division said the bidder’s credit means the project will be implemented in the public sector through funding by the contractor....

DITF kicks off in city

The 19th edition of the annual event of  the month-long Dhaka International Trade Fair (DITF), 2014 began here on Saturday which is expected to help restore confidence among the business community apart from boosting trade ties with foreign partners. Prime Minister Sheikh Hasina inaugurated the fair, a platform for both local and foreign producers to showcase the products, at city’s Sher-e-Bangla Nagar on the grounds to the west of the Bangabandhu International Conference Centre in the morning. DITF-2014-logoSpeaking ...

UCB organises Annual Business Conference 2014

The Annual Business Conference 2014 of United Commercial Bank Ltd (UCB) was held on Saturday at the Pan Pacific Sonargaon Hotel in the capital. Chairman of UCB MA Hashem graced the event as chief guest. Muhammed Ali, Managing Director of UCB delivered his welcome speech at the Business Conference. IMG_Final The event was conducted by Additional Managing Director and Company Secretary of Bank    Mirza Mahmud Rafiqur Rahman. Among others Vice-Chairman Sharif Zahir, Director and Chairman of Executive ...

DBBL donates Life Support Ambulance to DMP

Dutch-Bangla Bank Ltd (DBBL) has donated one Life Support Ambulance to Dhaka Metropolitan Police (DMO). K.S. Tabrez, Managing Director of the Bank handed over the key of the ambulance to Benazir Ahmed, bpm, Commissioner, DMP at a ceremony held at Dhaka Metropolitan Police Head Quarter on Saturday. Pic of the eventThe life support ambulance procured at a cost of Tk40 lacs will help carrying the sick police personnel or wounded forces to the hospital and can also be used by   any distresse...

Vegetables’ price increases due to political turmoil

The price of vegetables has increased by Tk10 to 15 per kg, as post poll violence, hartal and blockade affected country’s communication sector. Though vegetables growers are not getting return of their investment due to low price, the consumers in Dhaka city pay high price to buy those.  The traders say that the transport fare had been increased three times by this time. Godown owner Suja Uddin, of Karwan Bazar has said that the truck drivers demanded Tk 60,000 on Thursday, as fare from Natore, against the normal fare of Tk25, 000. “I have invested Tk 5,00,000 to five vegetables farmers of Natore district on condition of supplying in time. But violence over January 5 election caused a massive loss to me,” He said.