Monday’s midday business round up of Bangladesh

Last updated: May 8, 2017

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Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

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 Monday.

Bangladesh’s stocks return to positive at midday
Bangladesh’s stocks returned to positive trend at midday on Monday as some optimistic investors took position on sectors specific stocks.

Bangladesh’s Union Capital recommends 10% dividend
The board of directors of Union Capital Limited has recommended 10 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Monday.

Rupee recovers by 13 paisa to 64.25 on fresh US dollar selling
The Indian rupee recovered 13 paisa to 64.25 against the US dollar in early trade at the inter-bank Foreign Exchange market on Monday on fresh selling of the greenback by exporters and banks.

Sensex up 75 points; bank stocks major gainers
The benchmark BSE Sensex was trading higher by nearly 80 points and the NSE index Nifty above the 9,300-mark on sustained buying by funds and retail investors owing to firm Asian cues.

Ramadan office timing 9am to 3:30pm
The government today fixed office timings for this Ramadan from 9:00am to 3:30pm. A decision in this regard was made at a cabinet meeting presided over by Prime Minister Sheikh Hasina, Cabinet Secretary Shafiul Alam told reporters after the meeting at the Secretariat in Dhaka.

Foley new CEO of Grameenphone
Canadian-born Michael Foley has been appointed as the new chief executive officer (CEO) of Grameenphone, Bangladesh’s largest mobile operator.

Qatar keen to recruit skilled Bangladeshi manpower
Qatar Prime Minister Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani has lauded the honest and hardworking Bangladeshi workers now numbering 3,80,000 for their contribution in the development of Qatar.

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