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 21, 2022

BB makes vessel container tracking mandatory

The Bangladesh Bank has asked the authorised dealer banks to conduct tracking of vessel containers through a tracking system recognised by the competent authorities in a bid to prevent money laundering in the name of export. The Foreign Exchange Policy Department of the BB issued a circular Wednesday in this connection to ensure the shipment of declared export items. As per the new rule, the banks would ensure whether a shipment has been made or not against the received payment by tracking the containers. Earlier, the tracking of shipments was mandatory for availing cash incentives against exports executed through transport documents issued by freight forwarders. A senior BB official said that shipment tracking has been made mandatory under the ‘Infrastructure Level Risk Assessment of Guidelines for Prevention of Trade-Based Money Laundering’ issued by the Bangladesh Financial Intelligence Unit (BFIU).

Source: https://www.tbsnews.net/economy/bb-makes-vessel-container-tracking-mandatory-406782

BIDA’s one-stop service can help businesses save cost and time

Speakers at a programme on Wednesday stressed the need for popularising the one-stop service (OSS) of the Bangladesh Investment Development Authority (BIDA) to help businesses save cost and time. Currently, 58 different services are being provided through the OSS portal which should be availed by the private sector proactively, said BIDA executive chairman Md Sirazul Islam. BIDA executive chairman Sirazul Islam says BIDA’s registration and name clearance from the Registrar of Joint Stock Companies and Firms (RJSC) can now be done within 24 hours through OSS. At present, 90-per cent BIDA services are being given in time as more than 60,000 services have been provided under the OSS in the past three years.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bidas-one-stop-service-can-help-businesses-save-cost-and-time-1650473263

BSCCL to invest Tk 1.73b more

The Bangladesh Submarine Cable Company Limited (BSCCL) board has decided to expand the country’s third submarine cable, and invest Tk 1.73 billion more for it. With the increase, its total cost for the South East Asia-Middle East-Western Europe-6 (SEA-ME-WE-6) Consortium will be about Tk 8.70 billion from the initial Tk 6.93 billion. The expansion will increase the capacity to 13,200 Gbps from 6,600 Gbps, BSCCL Managing Director A K M Habibur Rahman told The Financial Express. Bangladesh signed an agreement with the SEA-ME-WE-6 Consortium in last September for construction and maintenance of the third submarine cable. According to the project proposal, the BSCCL, under the telecommunications ministry, will install the cable to connect with the proposed SEA-ME-WE-6 submarine cable by June 2024. The submarine cable will run from Singapore to France, extending across the Mediterranean Sea through the Indian Ocean, Arabian Sea and Red Sea. The cable will have core landing stations in Singapore, India, Djibouti, Egypt and France. The Bangladesh branch will stretch to the cable landing station in Cox’s Bazar through the Bay of Bengal.

Source: https://today.thefinancialexpress.com.bd/trade-market/bsccl-to-invest-tk-173b-more-1650472943

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,160.79
↑ 249.59↑ 0.71 %
FTSE100$ 7,629.22↑ 27.94↑ 0.37 %
Nikkei 225$ 27,547.24↑ 329.39↑ 1.21 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 102.75↑ 0.19↑ 0.19 %
Crude Oil (Brent)$ 107.79↑ 0.99↑ 0.93 %
Gold Spot$ 1,952.43↓ 5.34↓ 0.27 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.2000
GBP 1BDT 112.0772
EUR 1BDT 93.0098

*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