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
Remittance fell 1.23 percent year-on-year to $1.99 billion in March although inflows usually go up on the occasion of Eid. Industry insiders attribute the decline to the growing use of the hundi system since remitters get better rates of the US dollars if they transfer the funds through the illegal cross-border system instead of formal channels. March’s receipts were also 7.71 percent lower than the previous month. In February, the remittance inflow stood at $2.16 billion.
Source: https://www.thedailystar.net/business/news/remittance-drops-march-despite-eid-3579736
Taisheng (Bangladesh) Webbing Ltd, a Chinese company, is set to invest $6 million at the Bepza Economic Zone in Chattogram’s Bangabandhu Sheikh Mujib Shilpa Nagar. The investment will be directed towards establishing a shoe, bag, and garment accessories manufacturing factory. The factory is expected to produce six million tonnes of shoe laces, elastics, draw cords, drawstrings, strings, webbing belts, and webbing tapes annually. It will create job opportunities for 200 Bangladeshi workers.
Source: https://www.thedailystar.net/business/news/chinese-firm-invest-6-million-bepza-economic-zone-3579686
City Bank and bKash have jointly launched ‘Pay-Later’, a special collateral-free digital nano loan service that facilitates payments with interest-free loan through bKash app. Now customers can buy any product or services and pay directly with this special loan, even if they don’t have sufficient balance in their accounts. They don’t have to pay any interest if the due amount is paid within seven days. Mashrur Arefin, Managing Director and CEO of City Bank, and Kamal Quadir, Chief Executive Officer of bKash, inaugurated this special digital nano loan service ‘Pay-Later’ at the head office of City Bank on Monday. Senior officials of both organisations were also present in the launching ceremony. Subject to eligibility, customers will be given a combined limit of Tk 500 to Tk 30,000 loans through which they can avail both Pay-Later and Digital Nano Loans instantly. Customers will get the opportunity to use the Pay-Later service by shopping with the bKash app at more than 600,000 merchant points across the country.
| Index Name | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| DJIA | $ 39,566.85 | ↓ 240.52 | ↓ 0.60 % |
| FTSE100 | $ 7,952.62 | ↑ 20.64 | ↑ 0.26 % |
| Nikkei 225 | $ 39,867.40 | ↓ 64.31 | ↓ 0.16 % |
| Commodity | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| Crude Oil (WTI) | $ 84.14 | ↑ 0.43 | ↑ 0.51 % |
| Crude Oil (Brent) | $ 87.83 | ↑ 0.41 | ↑ 0.47 % |
| Gold Spot | $ 2,251.57 | ↑ 0.13 | ↑ 0.01 % |
| Exchange Rates | ||
|---|---|---|
| Currency | Lowest | Highest |
| USD 1 | BDT 110.0000 | BDT 110.0000 |
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