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 06, 2023

Bangladesh moves to remove Indian port hurdles, NTBs

Bangladesh has moved to remove the existing hurdles exporters facing at different Indian ports, in order to boost trade with the neighbour as duty-free market access remains underutilised, sources said. To this end, commerce ministry has sought information about the bottlenecks facing exporters while exporting goods through the neighbouring country’s land customs stations (LCS) or integrated check- posts (ICP) from the revenue board and local trade bodies, including FBCCI, and BGMEA. Besides, it has also requested providing necessary suggestions how to eliminate the impediments, they also said. Currently, Bangladeshi traders face different types of barriers, including non-tariff barriers, anti-dumping duty, certification, insufficient banking and warehouse facilities, rundown infrastructures and transport conditions and limited transportation between land and river, according to commerce ministry document. “There is a need to remove these existing barriers by conducting a field review to help boost trade with India soon,” says the ministry document. Businesses view that trade with India will increase manifold if the existing obstacles go step by step-and it is a longstanding demand from the government here as well as the Indian side, an official said. Bangladesh and India currently have 38 active border trade points. Of the points, 32 with India’s northeast (Assam, Meghalaya and Tripura) and six in West Bengal.

Source: https://thefinancialexpress.com.bd/economy/bangladesh/bangladesh-moves-to-remove-indian-port-hurdles-ntbs

Dhaka Bank, GP launch co-branded credit cards

Dhaka Bank Limited yesterday launched co-branded credit cards with Grameenphone for GP Star customers at a programme at Sheraton Dhaka in Banani. Zunaid Ahmed Palak, state minister for ICT Division, virtually joined the programme to inaugurate the product, said a press release. Emranul Huq, managing director of Dhaka Bank, Yasir Azman, chief executive officer of Grameenphone, and Syed Mohammad Kamal, country manager of Mastercard Bangladesh, were present. “Through this launch, we are going to provide our customers with an even richer and more distinguished experience with our credit card offerings,” the Dhaka Bank managing director said. The Grameenphone CEO stressed the need for meeting customers’ diversified needs in line with digitalisation of Bangladesh. “This kind of partnership plays a significant role in improving customer experience standards and in bringing in newer facilities for them. GP Star is the largest and most loved loyalty platform in Bangladesh,” said Azman. Among others, Md Mostaque Ahmed and Akhlaqur Rahman, deputy managing directors of the bank, and HM Mostafizur Rahaman, executive vice-president, were also present.

Source: https://www.thedailystar.net/business/economy/banks/news/dhaka-bank-gp-launch-co-branded-credit-cards-3289921

Standard Bank director elected exec committee chairman

Standard Bank has recently elected a director as the chairman of its executive committee. The electee, Gulzar Ahmed, also owner of Apan Jewellers, was the vice-chairman of the bank, said a press release. Ahmed is the chairman of Unique Gold Private Ltd, senior vice-president and chairman of the banking and financial standing committee of Bangladesh Jeweller’s Association (Bajus). He is the first vice-president of the Bangladesh Jewellery Manufacturers and Exporters Association, member of the Federation of Bangladesh Chambers of Commerce and Industry and the Baitul Mukarram Market Babosaye Group, and chief adviser of Gulshan DNCC Market Committee. 

Source: https://www.thedailystar.net/business/economy/banks/news/standard-bank-director-elected-exec-committee-chairman-3289946

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
FTSE100$7,662.94 ↑28.42 ↑0.37%
Nikkei 225$27,456.52↓356.74↓1.28%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$80.11↓0.50↓0.62%
Crude Oil (Brent)$84.54↓0.45↓0.53%
Gold Spot$2,012.76↓7.97↓0.39%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 107.4093
BDT 107.4093

*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