$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

€

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

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Rate last updated: 02/01/2014 11:15:04 AM

Overseas: +8809678016474 For Help Local: 16474 Observation of National Mourning Day 2023 |

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Daily Business News Flash May 10, 2023

Shipping on Chattogram -Dubai route begins

A ship carrying Bangladeshi exports has left Chattogram port for its final destination of Dubai’s Jebel Ali port, marking the debut journey on the route. The container ship HONG AN, the first under a service launched by the France-based shipping company CMA-CGM, left for its first transhipment port in Sri Lanka’s Colombo on 7 May. On its journey, the ship took 895 TEUs of export cargo. Of this, 751 TEUs are for Colombo port, 23 TEUs for India’s Mundra port and 121 TEUs for Jebel Ali port, according to Chittagong port terminal operator Saif Powertech. In addition to a more efficient and greener alternative to trucking, BIGEX will get Bangladesh shipments to India’s Nhava Sheva and Mundra ports in eight and 10 days respectively. The new service is set to diversify Chattogram’s connectivity to transhipment hubs beyond the key Asian ports to the Gulf and India’s West Coast ports.

Source: https://www.tbsnews.net/economy/shipping-ctg-dubai-route-begins-629066

South Korean company to set up jewelry industry in Uttara EPZ

South Korean company M/s Smile Arts Co, Ltd. is going to set up a Jewelry manufacturing industry in Uttara Export Processing Zone (Uttara EPZ). Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at BEPZA Complex on Tuesday. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc was present during the signing ceremony. The company will invest $2 million to produce annually 40 million units of Costume Jewelry, Sterling Silver Jewelry and Gemstone Jewelry where 300 Bangladeshi nationals will get employment opportunities.

Source: https://www.tbsnews.net/economy/corporates/south-korean-company-set-jewelry-industry-uttara-epz-628834

Travel tax might increase by 20-50%

The government has planned to increase travel tax, which will have a direct impact on the overall expenses individuals or businesses incur when planning and undertaking trips. The National Board of Revenue (NBR), as part of its multifaceted efforts to increase revenue, is moving to raise the tax by 20-50% in the upcoming budget for FY24, officials familiar with the matter told The Business Standard. Currently, the tax is Tk500-4,000 for each outbound traveller depending on their destination countries and mode of transportation.

Source: https://www.tbsnews.net/economy/travel-tax-might-increase-20-50-629222

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,561.81
↓ 56.88↓ 0.17 %
FTSE100$ 7,764.09↓ 14.29↓ 0.18 %
Nikkei 225$ 29,088.70↓ 154.12↓ 0.53 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 73.17↓ 0.54↓ 0.73 %
Crude Oil (Brent)$ 76.88↓ 0.56↓ 0.72 %
Gold Spot$ 2,031.62↓ 2.94↓ 0.14 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 106.7900
BDT 107.5000

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

YOUR SAFETY MEANS EVERYTHING TO US
In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

WE WILL FREQUENTLY UPDATE YOU
As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited

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