TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
BSK Bangladesh Ltd, a Netherlands-Bangladesh joint venture company is going to set up a bag manufacturing industry in Cumilla EPZ. They will invest $6.14 million to produce 3 million pcs of handbags, backpacks, travel bags, wallets and trolley bags, reads a press statement issued today (17 April). The company will create job opportunities for 1032 Bangladeshi Nationals. Bepza is the pioneer Investment Promotion Agency of Bangladesh and has been successfully operating 8 EPZ with only 934 hectares of land. From the tiny piece of land, the authority contributes around 20% of the country’s total export.
Source: https://www.tbsnews.net/economy/bsk-bangladesh-invest-614-million-cumilla-epz-830216
Bangladesh’s private commercial lender Bank Asia is set to acquire local operations of leading Pakistani bank Alfalah, incidentally amid waves of mergers and acquisitions in the banking industry’s reshuffle here. The matter of big acquisition deal between banks of the two countries separated five decades back through the Bangladesh liberation war transpires in Pakistani media reports. The Pakistani media outlets disclosed the development citing information that the Pakistani bank shared through a notice to the Pakistan Stock Exchange (PSX) on Wednesday. It will be the second acquisition move for Bank Asia to take over the leftover Bangladesh operations of a Pakistani bank after Muslim Commercial Bank Limited (MCB) Bangladesh chapter. BAFL is one of the largest banks in Pakistan, with a network of over 1,024 branches across more than 200 cities in the country, and an international presence in Afghanistan, Bangladesh, Bahrain, and the UAE. As per Alfalah’s latest financial results, the bank posted a consolidated after- tax profit of Pak Rs36.09 billion during the year 2023, which is over 96-percent higher than its earnings in the preceding year.
Mr. Md Moidul Islam has been promoted to Deputy Managing Director of EXIM Bank. Prior to his promotion, he was Additional Deputy Managing Director of the bank. He started off his banking career as a probationary officer at Islami Bank Bangladesh Ltd in 1992 after obtaining his postgraduate degree in economics from Jahangirnagar University. He joined EXIM Bank as a Senior Principal Officer in 2001 and served as regional manager and branch manager in Dhaka division.
Source: https://today.thefinancialexpress.com.bd/trade-market/moidul-islam-new-dmd-of-exim-bank-1713376843
| Index Name | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| DJIA | $ 37,753.31 | ↓ 45.66 | ↓ 0.12 %/span> |
| FTSE100 | $ 7,847.99 | ↑ 27.63 | ↑ 0.35 % |
| Nikkei 225 | $ 38,102.69 | ↑ 140.89 | ↑ 0.37 % |
| Commodity | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| Crude Oil (WTI) | $ 82.89 | ↑ 0.20 | ↑ 0.24 % |
| Crude Oil (Brent) | $ 87.57 | ↑ 0.28 | ↑ 0.32 % |
| Gold Spot | $ 2,375.17 | ↑ 14.15 | ↑ 0.60 % |
| Exchange Rates | ||
|---|---|---|
| Currency | Lowest | Highest |
| USD 1 | BDT 110.0000 | BDT 110.0000 |
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