Bangladesh Taka. BBN file photo
Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Sunday’s midday business round up compiling reports, published by different local and international newspapers and news portals.
Bangladesh’s stocks keep falling Sunday midday
Bangladesh’s stocks stayed downward trend at midday on Sunday as worried investors continued their selling spree on sectors specific stocks.
Bangladesh Taka remains stable against US dollar
The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Sunday.
IFAD Autos to buy 49% stake of Gulf Oil Bangladesh
IFAD Autos, an auto mobile dealer, will take 49 percent equity shares of Gulf Oil Bangladesh, a subsidiary company of Gulf Oil International (UK) at a cost of US$ 1.685 million, officials said.
Retail, wholesale trade contributes 14pc to GDP
The contribution of the retail and wholesale trade, along with motor repair, is estimated to stand at 13.94 per cent of the country’s Gross Domestic Product (GDP) in the ongoing fiscal year (FY17).
BBN/SS/ANS