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Market summery 28-07-11

July 28, 2011

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'বিনিয়োগের বাইরের কালো টাকা জব্দ করা উচিত'

প্রধানমন্ত্রীর অর্থবিষযক উপদেষ্টা ড. মসিউর রহমান মনে করেন, কালো টাকা বিনিয়োগ না হলে তা জব্দ করা উচিত। গতকাল রাজধানীর অফিসার্স ক্লাবে এক আলোচনা সভায় তিনি বলেন, 'যে টাকার হিসাব দিতে পারি না, যে টাকা দেখানো যায় না সেই টাকা জব্দ করা উচিত।' মূল্য সংযোজন কর (মূসক) দিবস-২০১১ উপলক্ষে আয়োজিত ওই সভা শেষে সাংবাদিকরা অপ্রদর্শিত আয় বিনিয়োগে চলতি অর্থবছরে সরকারের দেওয়া সুযোগ বিষয়ে জানতে চান। জবাবে মসিউর রহমান বলেন, 'বিনিয়োগের অর্থ নয়। যে টাকা বিনিয়োগ হচ্ছে না, অথচ আয়ের উৎস জানাতে পারছে না_ সে টাকা জব্দ করা উচিত।' http://www.bd-pratidin.com/index.php?view=details&type=gold&data=Entertainment&pub_no=434&cat_id=1&menu_id=1&news_type_id=1&index=18

US’ Gilead faces competition from Bangladesh’s Beacon pharma

In a classic David Vs Goliath case, the US-based drugmaker Gilead that has made billions of dollars over its blockbuster range of Hepatitis C drugs is facing an unconventional challenger. Beacon Pharma, a little known Bangladeshi drugmaker, has emerged as the David to the Goliath that Gilead is. Beacon has become the first generic drug company in the world to produce copycat versions of Gilead's newly launched Epclusa (Sofosbuvir + Velpatasvir) — a drug used to treat all types of Hepatitis C infections. One of the revolutionary drugs, Epclusa has a cure rate of 95 per cent, but with a tag of $75,000 it is considered out of reach to even the wealthy. Beacon, going by its past launches of Hep C drugs, will look at pricing the drug 10x less than that of its originator. "Our brand will be known as SOFOSVEL, this will be the first generic launch of this drug," said Monjul Alam, senior vice-president, Beacon Pharma, to ET over a telephonic chat from Dhaka. The combina...

Forex reserves face sharp decline

Bangladesh Bank has projected that the country’s foreign exchange reserves would slip down to less then $ 10 billion by June, for the first time in one-and-a-half years, due to slow growth of remittance and high import bills. Officials of the central bank told a recent meeting on the country’s macro-economic situation that the country’s reserves of foreign currencies might come down to $9.5 billion at the end of the current fiscal year. The foreign exchange reserves exceeded $ 10 billion mark for the first time in November 2009. The reserves stood at $10.6 billion on March 22, down from $11.15 billion exactly one year ago. Experts said dwindling foreign exchange reserves posed a challenge to the country’s macro-economy as pressure on the balance of payment (BoP) would be mounted. They said the country may have to rely on the lenders like the International Monetary Fund to meet BoP obligation, a situation the country did not face in the last five years. Sources ...

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Red Hulk

Market summery 28-07-11

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