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 04, 2024

The Government to procure 3 cargoes LNG, 1.60cr litres edible oil

The government today (3 April) approved separate proposals for procuring some 3 cargoes of LNG, 1.60 crore litres of edible oil, 30,000 tonnes of fertiliser and 10,000 tonnes of lentil to meet the growing demand of the country. the government would procure one cargo LNG from M/S Vitol Asia Pte Ltd, Singapore at a cost of around Tk418.59 crore with per MMBtu LNG costing $9.23, one cargo LNG from M/S Total Energies Gas and Power Ltd Switzerland at a cost of around Tk427.67 crore where per MMBtu LNG would cost $9.23 while another one cargo LNG would be procured from M/S Gunvor Singapore Pte Ltd, Singapore with around Tk410.65 crore where per MMBtu LNG would cost $9.23. the Bangladesh Chemical Industries Corporation (BCIC) would procure 30,000 tonnes of bagged granular urea fertilizer under the 15th lot from KAFCO, Bangladesh at a cost of around Tk120.90 crore where per ton fertiliser would cost $366.37. Bangladesh Railway would procure 200 broad gauge passenger carriages from RITES Limited, India at a cost of around Tk1,626.49 crore.

Source: https://www.tbsnews.net/economy/govt-procure-3-cargoes-lng-160cr-litres-edible-oil-822141

 FBCCI to call for rise in tax free income limit to Tk4.5 Lakh

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country’s apex trade body, will be advocating for an increase in the tax-free income limit by Tk1 lakh to Tk4.5 lakh in a meeting with the National Board of Revenue (NBR) on 4th April. The body is also likely to propose an increase in the tax-free threshold for women and senior citizens to Tk5 lakh, as the nation is experiencing high inflation. The current tax-free income limit stands at Tk3.5 lakhs. In the fiscal year 2023-24, the government had raised the tax-free income limit by Tk50,000 from Tk3 lakh. Income tax rates currently stand at 5 percent for the next Tk1 lakh, 10 percent for the subsequent Tk3 lakh, 15 percent for the next Tk4 lakh, 20 percent for the following Tk5 lakh, and 25 percent for the remainder of the income.

Source: https://www.tbsnews.net/economy/fbcci-call-rise-tax-free-income-limit-tk45-lakh-822421

Upay offers hassle-free bus ticket booking

Fast-growing mobile financial service provider upay has recently kicked off a campaign styled as ‘Eid Jatra (Eid Journey)’ to offer a seamless way of booking advance bus tickets ahead of Eid. As it is difficult to buy tickets amid the rush of Eid holidaymakers, upay’s ‘Eid Jatra’ campaign ensures hassle-free booking through their app, offering convenience and discounted fares. The campaign will continue until April 3. Interested people can buy tickets of Shyamoli N.R Travels (Non-AC) directly through upay app on selective routes. Customers can also avail tickets at a 20 per cent discount on ticket prices.

Source: https://today.thefinancialexpress.com.bd/trade-market/upay-offers-hassle-free-bus-ticket-booking-1712163261

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 39,127.14
↓ 43.10↓ 0.11 %
FTSE100$ 7,937.44↑ 2.35 ↑ 0.03 %
Nikkei 225$ 40,081.81↑ 629.96↑ 1.60 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 85.74↑ 0.31↑ 0.36 %
Crude Oil (Brent)$ 89.67 ↑ 0.32↑ 0.36 %
Gold Spot$ 2,298.78↓ 1.22↓ 0.05 %

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