BBN file photo
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.
GP recommends 105pc interim cash dividend
The board of directors of GrameenPhone (GP) has recommended 105 percent interim cash dividend for the year 2017 out of the provisional net profits of the company for the half year ended on June 30 in 2017.
Bangladesh’s stocks turn flat at midday on Thursday
Bangladesh’s stocks turned almost flat zone at midday on Thursday as investors were active on both sides of trading fence.
First batch of Vietnam rice enters Bay
The first consignment of rice imported from Vietnam entered Bangladesh territory this morning.
Construction of new oil refinery starts this year
State-owned Bangladesh Petroleum Corporation (BPC) will start earth filling from November this year for the second crude oil refinery unit near Payra Seaport in Patuakhali.
Meghna Life recommends 25pc dividend
The board of directors of Meghna Life Insurance has recommended 20 percent cash and 5.0 percent stock dividend for the year ended on December 31 in 2016, said an official disclosure on Thursday.
Bangladesh Govt. bank borrowing turns negative in FY17
The Bangladesh government did not borrow from the banking system in net terms during the just concluded fiscal year (FY); rather it repaid a big portion of debts.
Indian rupee strengthens by 15 paisa to 64.39 as Sensex hits 32K
The Indian rupee strengthened 15 paisa to 64.39 against the dollar as the domestic indices hit fresh record highs and on sustained foreign capital inflows.
Sensex surges 213 points to 32,018.26 on rate cut hopes, Yellen's comments
The benchmark Sensex touched a new high of 32,054.33 and the NSE Nifty hit a new life-time high of 9,886 due to a sharp drop in retail inflation and dovish comments by the US Fed Chair, Janet Yellen, in her testimony before the US Congress.
Asian markets gain after Wall Street closes up as Yellen comments digested; Kospi hits record high
Most Asia markets advanced in Thursday trade as markets parsed through Federal Reserve Chair Janet Yellen's comments during her testimony before congress.
Gold rises after Yellen hints at only gradual tightening
Gold prices rose on Thursday after U.S. Federal Reserve Chair Janet Yellen said the central bank would only gradually tighten monetary policy, curbing speculation that interest rates would rise more than once this year.
Oil stable as strong Chinese demand eases concern of ongoing glut
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut.
BBN/SSK/AD