Bangladesh, Dhaka (BBN) – Bangladesh Business News prepares Wednesday’s evening business round up compiling reports, published by different newspapers and news portals.
Bangladesh’s stocks post slight gain after bumpy ride
Bangladesh’s stocks posted a marginal gain on Wednesday after choppy trading as investors booked profits with cautious positioning. The market swung between positive and negative in the very beginning due to persistent profit-booking. However, mid-session buying binge helped the key index of the major bourse to inch higher.
Nationwide vaccine drive likely to start on 8 February in Bangladesh
The Bangladesh government is likely to start nationwide vaccination programme on 8 February. “The trial vaccination will begin by 27/28 January at Kurmitola Hospital. After observing the vaccinated people for one week, nationwide vaccine drive likely to begin on 8 February,” Health Services Division Secretary Abdul Mannan said in a press briefing on Wednesday.
Two African countries to take farmworkers from Bangladesh: Minister
Bangladesh is in talks with several African countries to sending workers and Sudan and Kenya have already agreed to take Bangladeshi farmworkers, said Foreign Minister Dr AK Abdul Momen on Wednesday. Under the plan several thousand Bangladeshi workers will be sent there, in the first phase, to be employed in the agricultural farms of those countries under contract farming.
Indian rupee gains for 2nd straight day; settles 12 paisa higher at 73.05
Indian rupee gained for the second straight day and closed 12 paisa higher at 73.05 (provisional) against the US dollar on Wednesday, supported by a rally in domestic equities and a weak American currency. At the interbank forex market, the rupee opened at 73.11 and hit an intra-day high of 73.05 and a low of 73.14.
Asia-Pacific stocks mostly higher
Stocks in major Asia-Pacific markets were mostly higher on Wednesday, with Hong Kong-listed shares of Chinese tech juggernaut Alibaba surging following the reappearance of founder Jack Ma.
Oil rise on hopes of U.S. stimulus and crude stocks drawdown
Oil prices rose on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw down crude stocks.