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 17, 2023

Bangladesh receives $958 million remittance in 2 weeks of April

Bangladesh received $958 million in remittance in the first two weeks of April as Bangladeshis working abroad sent more money to families ahead of Eid-ul-Fitr. According to the Bangladesh Bank data, $134 million came through six state-owned banks in the first 14 days of April.  Apart from this, $26 million came through the specialised Bangladesh Agricultural Bank. Besides, $794 million came through private sector banks and $3 million came through foreign commercial banks. In March, the expatriates sent home $2 billion remittance through the banking channel. Remittance inflow has been recorded below $2 billion since September last year after the Bangladesh Bank reduced the remittance rate to Tk107 from Tk108.

Source: https://www.tbsnews.net/economy/bangladesh-receives-958-million-remittance-2-weeks-april-617674

RMG exports grow nearly 35pc in nine months

Exports of the country’s readymade garment (RMG) items to non-traditional markets have increased over the years owing to the ongoing move to diversify export destination markets. The exports of the apparel items to the non-traditional markets, except Russia and Chile, registered a 34.74 per cent growth to US$6.44 billion in the first nine months of the current fiscal year, the BGMEA data revealed. The non-traditional market accounted for 18.28 per cent of the total RMG export earnings of US$35.25 billion during the period, according to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) data. In fiscal 2009-10, RMG exports to non-traditional markets was US$1.08 billion or 8.66 per cent of total earnings, the data showed. According to the industry people, Australia, Brazil, Chile, China, India, Japan, Korea, Mexico, Russia, UAE, Malaysia, Saudi Arabia, South Africa, New Zealand and Turkey are the 15 potential markets beyond the three traditional export destinations of USA, European Union (EU) and Canada.

Source: https://today.thefinancialexpress.com.bd/trade-market/rmg-exports-grow-nearly-35pc-in-nine-months-1681665930

Export-import thru Ctg port rises on economic pickup

Export-import trade through Chattogram seaport shows an upturn on a month-on-month basis by official count, in what is seen a sign of economic pickup. The main seaport of Bangladesh, which handles over 90 per cent of the country’s export-import operations, recorded a substantial rise in both the submission of bills of export and import and the volume of goods clearance in March last, said officials. Some 10,720,137 tonnes of products were imported through Chattogram Customs House (CCH) in the past month, compared to 7,905,483 tonnes in February and 8,522,403 tonnes in January, according to data compiled by CCH. The CCH received 37,428 bills of entry (B/E) in March against 28,478 in February and 36,989 in January. Revenue collection by the CCH from the merchandise imports jumped to Tk 57.46 billion in March on the back of rebounding external trade – the amount was Tk 42.87 billion in February and Tk 47.44 billion in January.

Source: https://today.thefinancialexpress.com.bd/first-page/export-import-thru-ctg-port-rises-on-economic-pickup-1681668245

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
FTSE100$ 7,871.91↑ 28.53↑0.36%
Nikkei 225$ 28,475.27↓ 18.20↓ 0.06 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 82.52↑ 0.00↑ 0.00 %
Crude Oil (Brent)$ 86.36↑ 0.05↑ 0.06 %
Gold Spot$ 2,005.17↑ 1.00↑ 0.05 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 107.0000
BDT 107.0000

*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