The Financial Express | Financial Online News portal

Dhaka,  Thu,  30 June 2016
June 30, 2016, 1:34 am
An objective evaluation of the macroeconomic performance of the Bangladesh economy, in the context of its both global and domestic settings against which the national budget for the fiscal year (FY), 2016-17, has been formulated and finalised, is critically important
June 30, 2016, 1:18 am
The construction work on the much-hyped first-ever Mass Rapid Transit (MRT) or metro rail service was launched by Prime Minister Sheikh Hasina in the city this week. She also inaugurated the work on the 20.50-kilometre Bus Rapid Transit (BRT), the
The National Board of Revenue (NBR) has surpassed the revised tax revenue collection target by Tk 47.84 billion in the outgoing fiscal year (FY) 2015-16, according to provisional data. NBR collected Tk 1.54 trillion tax revenue in the FY '16, achieving a 14 per cent growth over that of the previous fiscal year. Customs department achieved the highest growth of 17 per cent in revenue collection, followed by VAT 14 per cent, and income tax 12 per cent. The original tax revenue collection target for the fiscal was Tk 1.76 trillion. But the government later revised it to Tk 1.50 trillion, following slow
Exporters across the board will have to pay 0.70 per cent tax at source from the fiscal year 2016-17 on their earnings as per tax measures endorsed by parliament in adopting the Finance Bill 2016 Wednesday with few amendments. In the
The government has published the gazette officially adding 16 union councils to Dhaka, thus more than doubling the size of Bangladesh's capital, reports bdnews24.com. The decision had been approved at a meeting of the National Implementation Committee for Administrative Reorganisation (NICAR) chaired by Prime Minister Sheikh Hasina on Jun 9. The unions added to North Dhaka are: Beraid, Badda, Vatara, Satarkul, Harirampur,
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Hewlett Packard is to recall thousands of laptop batteries that may overheat or even catch fire, China's top quality watchdog said Wednesday. The recall involves 6,726 sets of batteries for HP and Compaq laptops manufactured between 2013 and 2014, including HP ProBook, HP ENVY, Compaq Presario, and HP Pavilion, the General Administration of Quality Supervision, Inspection and Quarantine said in a
WASHINGTON, June 29, (AP): Republican presidential nominee Donald Trump boils down his foreign policy agenda to two words: "America First." For students of US history, that slogan harkens back to the tumultuous presidential election of 1940, when hundreds of thousands of Americans joined the anti-war America First Committee. That isolationist group's primary goal was to keep the United States from joining Britain in the fight against Nazi Germany, which by then had overrun nearly all of Europe. But the committee is ...
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Apple fans have to choose between not two but three new iPhones in this September. According to rumours, courtesy a tipster
Speakers at a conference underlined on Wednesday the necessity for raising the number of teachers against the students' ratio and lessening the drop-out rate to ensure quality and time-befitting education at the primary level. They also laid emphasis on practical lessons instead of pushing students towards memorising the text only. The observations were made at the conference organised by the Ministry of Primary and Mass Education at a city hotel which was participated by students, parents, teachers and education managers from all ...
A team of Melbourne scientists has begun a study to discover how much bacteria is living within the city's public transport system. Melbourne, along with Sydney, are two of 58 cities participating in an international study based out of New York, which is aimed at developing an outline of the germs and bacteria found in major cities' public transport systems. In Melbourne, the team will run tests inside and outside trains, trams and buses. In the study already completed in New York's ...
  Pioneering rock guitarist Scotty Moore, who was a member of Elvis Presley's original band, has died aged 84. He died in Nashville on Tuesday after several months of poor health. He is credited with helping Elvis shape his music that came to be called rock 'n' roll, and inspired generations of guitarists. Moore was the last survivor of Elvis's original band which included Presley, bassist Bill Black and producer Sam Phillips. As part of The Blue Moon Boys Moore backed Presley on many of ...
Opposition Leader Raushon Ershad said on Wednesday there is deficit not only in the national budget, but also everywhere, including socio-political ethics and political norms, reports UNB. "We all fall victims to political vendetta, we'll have to come out from this situation. There's deficit everywhere, including education and morality," she told Parliament participating in the discussion on the proposed budget for 2016-17 fiscal. The opposition leader said the social tension cannot be stopped only by the police. "So, we all will have ...
SYLHET, June 29: Services in the district and upazila livestock offices of Sylhet Division are being hampered greatly due to shortage of manpower on different posts for long. According to sources, out of the total of 448 sanctioned posts, 142 posts have long been lying vacant for long in the district and upazila offices. Of them, 46 posts are vacant at Sunamagnj against 124 sanctioned positions. 24 posts are vacant against the total sanctioned posts of 91 in Habiganj and 25 ...

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ISSUES DECLINED84

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Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
SEMLLECMF11.0012.1012.1012.1010.00
ISLAMIINS14.8016.0014.4015.806.76
JANATAINS9.5010.409.6010.005.26
RELIANCINS39.1042.0038.5041.004.86
LAFSURCEML73.0077.3073.2076.504.80
SPCL134.80141.20135.30140.604.30
PRIME1ICBA4.805.004.705.004.17
GREENDELMF5.505.705.505.703.64
IDLC55.0057.8054.9056.903.45
DHAKABANK14.7015.3014.6015.203.40
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CompanyYCPHighLowCLOSE%CHG
AZIZPIPES57.7058.1052.7053.20-7.80
TOSRIFA25.0025.3023.2023.60-5.60
VAMLBDMF19.909.409.409.40-5.05
UNITEDINS21.0020.2020.0020.10-4.29
MAKSONSPIN7.507.507.107.20-4.00
DSSL13.0013.1012.5012.60-3.08
MIDASFIN17.2016.9016.5016.70-2.91
ISLAMIBANK30.0030.4028.9029.30-2.33
ISNLTD13.0013.0012.2012.70-2.31
SONARBAINS13.7013.9013.2013.40-2.19
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Currency Sell Purchase
USD78.9577.94
GBP118.00117.96
EUR83.7883.75
Chinese Yuan12.2412.24
HK Dollar10.21819.8929
Singapore dollar63.618659.877
Saudi Rial21.191820.52

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GOLD 1,270.40 (US $/oz)-0.6%
SILVER 20.70 (US $/oz)-1.9%
COPPER 7,12 (US$/mt) -0.7%
CRUDE OIL 93.20 (USD/bbl.) -1.7%
COTTON # 278.85 (USc/lb)0.9%
WHEAT (CBOT)647.25 (USD/bu)-0.1%
PALM OIL823.96 (USD/MTon)3.4%
Soybean Oil40.84 (USc/lb)1.4%
Sugar #1117.87 (USc/lb)-0.6%

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Editor : A.H.M Moazzem Hossain
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