Sunday’s evening business round up of Bangladesh

Last updated: January 7, 2018

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

MSCI BD Index posts 17.84pc growth in 2017
Annual net return of the MSCI Bangladesh Index posted 17.84 per cent growth in the past calendar year. The index, created by Morgan Stanley Capital International (MSCI), measures the performance of the large and middle cap segments of the Bangladeshi market.

Cold wave may continue till Jan 9
The cold wave sweeping over the country may continue for the next two days while the chilling condition is likely to improve from January 10, according to an official of the met office.

Tk 165 crore money laundering scam: ACC quizzing 6 AB directors among 7
Anti-Corruption Commission (ACC) has been quizzing six former and current directors of AB Bank and a businessman over a Tk 165 crore money laundering scam which took place in 2014.

2 Bangladeshis among 32 missing after tanker collision in China
Two Bangladeshis were missing on Sunday after an oil tanker collided with a cargo ship off the coast of east China, the transport ministry said.

Soumya, Taskin out while Anamul makes the squad
Bangladesh Cricket board announces the 16-member squad for tri-nation series. BCB announced the squad for the first and second ODI in upcoming tri-nation series.The big news is that both pacer Taskin Ahmed and opener Soumya Sarkar were excluded from the squad while Anamul Haque was picked in the 16-member squad.

CAB demands withdrawal of power tariff hike
Terming the Bangladesh Energy Regulatory Commission (BERC) a biased organisation, the Consumers Association of Bangladesh (CAB) has demanded a rollback in the recent power tariff hike of Tk 0.35 per unit at the retail level.

Saudi king orders payouts, bonuses to soften price hikes
Saudi Arabia's King Salman has authorized a range of bonuses and payouts for citizens, including a monthly payment of 1,000 riyals ($267) for civil servants for the coming year just days after a new tax was introduced and subsidies were lifted on gasoline.

Gold / Silver / Copper Prices - Weekly Outlook: January 8 - 12
Gold prices edged lower in choppy trade on Friday as investors took profits after the metal’s rally to three-and-a-half month highs earlier in the week and as the dollar pushed higher despite a weaker-than-expected U.S. jobs report for December.

Iraq to export Kirkuk oil to Iran before end-January: Iraqi oil minister
Iraq will start exporting oil from the northern Kirkuk fields to Iran before the end of January, Iraqi Oil Minister Jabar al-Luaibi told reporters on Sunday in Baghdad.

The Week Ahead: 5 things to watch on the economic calendar
Global financial markets will focus on a key batch of U.S. economic data in the week ahead, with Friday's inflation report in the spotlight, for further clues on the timing of the next Federal Reserve rate hike.
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