The Financial Express | Financial Online News portal

Dhaka,  Tue,  03 May 2016
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May 3, 2016, 12:19 am
A 1.0 per cent apparel price increase in China would create 1.36 per cent additional demand for Bangladeshi products on its largest export market, the USA. And a 1.0 per cent raise in expected wages over there would raise the probability
May 3, 2016, 12:17 am
RAJSHAHI UNIVERSITY, May 02: Islami Liberation Front (ILF), a new militant outfit, in a letter on Monday issued death threat to ten personalities including Rajshahi University (RU) vice-chancellor Prof Muhammed Mizan Uddin and former mayor of Rajshahi City Corporation (RCC)
Tax lawyers urged the government to allow undisclosed money for investment on easy terms and conditions to prevent money laundering, encourage capital investment, generate employment and earn higher revenues. Their plea is among a set of proposals they placed with the National Board of Revenue (NBR) Monday, ahead of the next budget. A delegation led by Dhaka Taxes Bar Association President Advocate Abbas Uddin submitted the 26-point proposal to senior secretary of the Internal Resources Division (IRD) and NBR chairman Md Nojibur Rahman in the NBR conference room. The bar president suggested raising tax-free income ceiling for individual taxpayers and fixing the tax
The central bank has started activities regarding adjustment of the banks' overexposure on 'case to case' basis to bring down the exposure within the limit in the stipulated timeframe without selling any shares, officials said. In this regard, the Bangladesh Bank
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Bangladesh is set to sign three agreements with oil-rich tiny Gulf country Kuwait during the visit of its Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah to Bangladesh, said officials of the Ministry of Foreign Affairs on Monday. Drafts of two of the agreements -- Promotion and Reciprocal Protection of Investment and Mutual Exemption of Prior Entry Visa for diplomats and government
Two global lenders have requested the government to offer tax-free regime for import of solar-powered lanterns to help lighten the country's vast rural areas still out of national power grid, officials said. The International Finance Corporation (IFC) and the German Agency for International Cooperation (GIZ) made the appeal as they are helping Bangladesh under joint-venture 'Lightning Asia' programme to reach rural
Dhaka, May 2: A three-day international workshop titled ‘Managerial Technological Innovation For Global Competition’ concluded in the city on Saturday.   Daffodil International University (DIU) and BASIS jointly organised the workshop at the Banquet Hall of Daffodil Tower in association with Career Development Centre (CDC), while Professor Dr Nawaz Sharif, Principal Consultant of Myriad Solutions of the USA, was the facilitator.   Dr Nawaz, also a director of UN-ESCAP’s Asian and Pacific Centre for Transfer of Technology (APCTGT), India introduced the concept of nurturing ...
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A brilliant hat-trick by Tohura Khatun guided Bangladesh to clinch the AFC U-14 Girls Regional (South and Central) crown for
DHAKA, May 2: in a welcome move, Bangabandhu Sheikh Mujib Medical University (BSMMU) on Monday introduced outpatient department (OPD) service for children during afternoon.   Parents would have opportunity to consult with pediatric surgeons from 3:00pm-6:00pm six days in a week, except Friday, said a press release.   BSMMU Vice Chancellor Professor Dr Kamrul Hasan Khan formally opened the service for public this noon.   So far, 20 departments of BSMMU are offering the 'afternoon OPD service' on payment basis since the introduction of the concept ...
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Bollywood star Hrithik Roshan, who is embroiled in a legal tussle with Kangana Ranaut, has criticised a Twitter trend which
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FARIDPUR, May 2 (BSS): Farmers and experts expected harvesting of 1,29,848 tonnes of clean rice from 20,025 hectares of land

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Final IndexChange(Points)Change(%)
ISSUES ADVANCED66
ISSUES DECLINED172

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gainer
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
INTECH10.2012.3010.8011.9016.67
ARAMITCEM27.2031.8027.0031.6016.18
CONFIDCEM71.3083.4074.5081.5014.31
EMERALDOIL44.4048.8045.1048.108.33
ANLIMAYARN25.4027.6025.6027.407.87
KEYACOSMET10.9011.9011.1011.707.34
SAFKOSPINN10.9011.9010.6011.606.42
LINDEBD1199.801274.701220.001274.606.23
TOSRIFA13.1014.2013.1013.906.11
EASTRNLUB1367.401452.801351.001450.106.05
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CompanyYCPHighLowCLOSE%CHG
SONARGAON9.207.506.007.20-21.74
IBNSINA202.60188.00170.70172.30-14.96
AZIZPIPES48.6044.2038.1041.70-14.20
KARNAPHULI11.1010.009.309.70-12.61
DOREENPWR56.3054.5050.7050.70-9.95
FARCHEM25.2023.9022.7022.70-9.92
ALLTEX22.2021.5020.0020.00-9.91
DACCADYE9.809.508.908.90-9.18
ATLASBANG109.80109.1099.0099.90-9.02
ARAMIT397.60400.00351.10362.10-8.93
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currency
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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Commodity Price Change
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%
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Soybean Oil40.84 (USc/lb)1.4%
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Editor : A.H.M Moazzem Hossain
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