$

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

Daily Business News Flash January 04, 2024

Import of six Ramadan essentials to be eased

The government has decided to write to the Bangladesh Bank to ease the import process for six essential commodities that witness heightened demand around the month of Ramadan. The Ministry of Commerce is expected to issue the letter on Thursday to facilitate the import of chickpeas, pulses, dates, edible oil, sugar, and onion by allowing a discounted or zero LC margin. The move is aimed at keeping the supply flowing during the fasting month amid the ongoing dollar crisis. The month of Ramadan will start from early March. The oil supply is currently robust, with more expected in the coming two months.

Source: https://www.tbsnews.net/economy/import-six-ramadan-essentials-be-eased-768990

Chattogram customs sees 4% growth in revenues amid falling imports

The Chattogram Custom House witnessed a 4% revenue growth year-on-year in 2023 despite nearly 6% fall in imports through the country’s largest Chattogram port. Businessmen say the rise in import cost due to devaluation of the local currency taka and an increase in assessment value by Customs mainly contributed to the surge in revenues. According to Custom House data, the total volume of imports through Chattogram Port was 10.70 crore tonnes in 2023, which was 5.80% lower than that of 2022. The total value of those imported goods was Tk1,72,000 crore, a 3% decline from that of the calendar year 2022. Chattogram customs earned Tk64,616 crore in revenues in 2023 from export and import duty, a 4% percent rise year-on-year.

Source: https://www.tbsnews.net/economy/ctg-customs-revenue-falls-below-six-month-target-still-sees-9-yoy-growth-768930

Dhaka Bank Launches Co-Branded Credit Card for ICAB Members

Dhaka Bank PLC unveiled exclusive co-branded VISA Signature Credit Card for the members and employees of the Institute of Chartered Accountants (ICAB) at the ICAB Members’ Night 2023 held at a city hotel recently. Emranul Huq, Managing Director & CEO of Dhaka Bank, Ashish Chakraborty, Director, Business Development-South Asia Visa, and Md Moniruzzaman, President of ICAB, were present at the event. This co-branded credit card is available in signature variant. Any member and employee of ICAB would be eligible to avail this credit card service.

Source: https://today.thefinancialexpress.com.bd/trade-market/dhaka-bank-launches-co-branded-credit-card-for-icab-members-1704301846

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 37,430.19
↓ 284.85↓ 0.76 %
FTSE100$ 7,682.33↓ 39.19↓ 0.51 %
Nikkei 225$ 33,138.61↓ 325.56↓ 0.97 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 73.06↑ 0.36↑ 0.50 %
Crude Oil (Brent)$ 78.49↑ 0.24↑ 0.31 %
Gold Spot$ 2,042.77↑ 1.28↑ 0.06 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 110.0000
BDT 110.0000

*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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