The Financial Express | Financial Online News portal

Dhaka,  Wed,  25 May 2016
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May 25, 2016, 12:31 am
The secondary non-government teachers will get their pension immediately after their retirement as the new budget has raised the allocation by four times to relieve them of their sufferings. People, familiar with the development, told the FE Tuesday that the government
May 25, 2016, 12:29 am
The government might increase both price slab and tax rates of cheap cigarettes in the budget for fiscal year (FY) 2016-17 with the aim to reduce the consumption of the item. Price slab for 10-stick packet of cigarettes is likely to
The government will continue providing subsidy to the agriculture sector in the budget for next fiscal year, 2016-17, which is likely to be placed on June 2. Besides, the subsidy amount is likely to be increased in the next budget. "We will continue the subsidy in agriculture, which we usually provide every year, and this year we will have to increase the amount," said Finance Minister A M A Muhith while exchanging views with media personality Shykh Seraj on Tuesday. Mr Seraj arranged the pre-budget meet with the finance minister, where he placed the observations and concerns of grassroots-level farmers, and also submitted
In 2015 Bangladesh secured a major economic milestone by moving up from a low income economy to a lower middle income economy.  It now aspires to climb further to an upper middle income economy by 2030. This aspiration is laudable.
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Inspector General of Police (IGP) AKM Shahidul Hoque on Tuesday asked police members not to stop vehicles on highways for searching without specific allegation. “Don’t stop vehicle on the highways in the name of searching without specific allegation,” he said while addressing a meeting at the Police headquarters on law and order situation and traffic management during Ramadan and Eid-ul-Fitr. He instructed
Former Bangladesh Bank governor Mohammed Farashuddin has come up with a suggestion in a bid to end the finance minister-businessmen logjam on the new VAT (Value Added Tax) law, reports bdnews24.com. The new VAT Act 2012 that comes into force from July 1 this year imposes a 15 per cent VAT on businessmen. Finance Minister AM Abdul Muhith had expressed his determination
BUENOS AIRES, May 24 (AP): Brazil and Argentina will work together to help find a solution to Venezuela's political crisis, Brazil's acting foreign minister said Monday. Venezuela is facing a severe economic crisis, with the world's highest inflation and shortages. Polls indicate most Venezuelans want President Nicolas Maduro out of office. "We're on alert when it comes to Venezuela. Brazil and Argentina have an interest that includes mediation," Brazilian Foreign Minister Jose Serra said at a news conference after meeting with Argentine ...
DUBAI, May 24: China's Huawei and United Arab Emirates' (UAE) biggest telecom provider Etisalat said in Dubai on Tuesday they collaborated successfully on a new FTTH (fiber to the home) solution to provide 10 Gigabits per second (Gbps) broadband service. The collaboration of Huawei and Etisalat on the new FTTH solution marked a successful test that made 10 Gbps as a transmission speed (for example for home television or video streaming) is possible in the UAE, but not yet in use, ...
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Cricket fraternity can expect head-to-head the two world famed Bangladesh's performers, all-rounder Shakib Al Hasan and deadly bowling lad Mustafizur
Academic activities of four private medical colleges will face closure if the authorities concerned fail to provide required documents within next 15 days, a release of the health ministry said Sunday. The four medical colleges are - Bangladesh Medical College at Dhanmondi, Popular Medical College, Uttara Adhunik Medical College and Uttara Women's Medical College. The ministry took the decision at a meeting on the 'Private Medical/Dental College Establishment and Administration Policy' on Sunday at the secretariat. Health minister Mohammad Nasim chaired the ...
BENAPOLE, May 24 (UNB): The Jessore district Awami League (AL) has suspended 10 party men for preparing to contest the upcoming union parishad (UP) elections in six unions of Sharsha upazila of Jessore going against the party decision. SM Mahmud Hasan Bipu, office secretary of the AL district unit, in a press release on Monday night said the decision was taken against the 10 as they started electioneering for the upcoming polls as 'rebel candidates' failing to get nomination from the ...
Apart from taking 24 lives and affecting more than 0.11 million families, the latest cyclonic storm Roanu has caused severe damage to crops, fisheries and livestock in 15 costal districts, officials said. Crops more than 10,000 hectares and fish farms covering an area of about 3,000 hectares (both of shrimp and non-shrimp) were partially or fully damaged by the cyclone on May 21. The government agencies, including Department of Agricultural Extension (DAE) and Department of Fisheries (DoF), in their primary projections indicated ...

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May 25, 2016, 12:27 am
May 25, 2016, 12:21 am

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Final IndexChange(Points)Change(%)
ACategory(Equity)
ISSUES ADVANCED122

Most popular

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Top 10 gainers

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gainer
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
BSC345.60370.50345.00368.706.68
LEGACYFOOT26.3028.5026.3028.006.46
DESHBANDHU10.9011.7011.0011.606.42
OAL25.7027.9025.9027.205.84
SONARBAINS14.0015.0014.0014.805.71
KDSALTD57.8061.5058.3061.005.54
SINOBANGLA29.3031.8029.8030.905.46
BDCOM22.5023.7022.5023.604.89
CENTRALPHL15.6016.4015.6016.304.49
GOLDENSON23.3024.6023.3024.304.29
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loser
Based on YCP and Close Price
CompanyYCPHighLowCLOSE%CHG
RENATA1245.401110.001085.001107.60-11.07
MODERNDYE105.3099.0095.3096.20-8.64
AZIZPIPES58.4055.1054.3054.70-6.34
KARNAPHULI12.0011.5010.8011.40-5.00
DHAKAINS16.3015.9014.8015.50-4.91
GENNEXT8.308.007.707.90-4.82
BEACONPHAR16.9017.0016.1016.20-4.14
PRAGATIINS24.3024.4022.5023.30-4.12
SAMATALETH28.3027.2027.2027.20-3.89
PTL16.6016.8015.9016.00-3.62
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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
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%
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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06.15-07.75pc 05.50-08.00pc
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Editor : A.H.M Moazzem Hossain
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