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 April 02, 2024

Remittance drops in March despite Eid

Remittance fell 1.23 percent year-on-year to $1.99 billion in March although inflows usually go up on the occasion of Eid. Industry insiders attribute the decline to the growing use of the hundi system since remitters get better rates of the US dollars if they transfer the funds through the illegal cross-border system instead of formal channels. March’s receipts were also 7.71 percent lower than the previous month. In February, the remittance inflow stood at $2.16 billion.

Source: https://www.thedailystar.net/business/news/remittance-drops-march-despite-eid-3579736

Chinese firm to invest $6 million in Bepza economic zone

Taisheng (Bangladesh) Webbing Ltd, a Chinese company, is set to invest $6 million at the Bepza Economic Zone in Chattogram’s Bangabandhu Sheikh Mujib Shilpa Nagar. The investment will be directed towards establishing a shoe, bag, and garment accessories manufacturing factory. The factory is expected to produce six million tonnes of shoe laces, elastics, draw cords, drawstrings, strings, webbing belts, and webbing tapes annually. It will create job opportunities for 200 Bangladeshi workers.

Source: https://www.thedailystar.net/business/news/chinese-firm-invest-6-million-bepza-economic-zone-3579686

City Bank, bKash launch special digital nano loan service

City Bank and bKash have jointly launched ‘Pay-Later’, a special collateral-free digital nano loan service that facilitates payments with interest-free loan through bKash app. Now customers can buy any product or services and pay directly with this special loan, even if they don’t have sufficient balance in their accounts. They don’t have to pay any interest if the due amount is paid within seven days. Mashrur Arefin, Managing Director and CEO of City Bank, and Kamal Quadir, Chief Executive Officer of bKash, inaugurated this special digital nano loan service ‘Pay-Later’ at the head office of City Bank on Monday. Senior officials of both organisations were also present in the launching ceremony. Subject to eligibility, customers will be given a combined limit of Tk 500 to Tk 30,000 loans through which they can avail both Pay-Later and Digital Nano Loans instantly. Customers will get the opportunity to use the Pay-Later service by shopping with the bKash app at more than 600,000 merchant points across the country.

Source: https://today.thefinancialexpress.com.bd/trade-market/city-bank-bkash-launch-special-digital-nano-loan-service-1711992537

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 39,566.85
↓ 240.52↓ 0.60 %
FTSE100$ 7,952.62↑ 20.64 ↑ 0.26 %
Nikkei 225$ 39,867.40↓ 64.31↓ 0.16 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 84.14↑ 0.43↑ 0.51 %
Crude Oil (Brent)$ 87.83 ↑ 0.41↑ 0.47 %
Gold Spot$ 2,251.57↑ 0.13↑ 0.01 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
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.<




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.

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.

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.

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.

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