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 24, 2022

BEZA launches new project to boost capacity, lure investments

Bangladesh Economic Zones Authority (BEZA) has taken an initiative to enhance its capacity to better manage industrial parks and thus attract more investments. To this effect, the BEZA on Tuesday inaugurated a new project, titled ‘Capacity Building of BEZA on EZ Management and Investment Promotion’, with the technical support from Japan International Cooperation Agency (JICA). International agencies like JICA have been playing a vital role by providing support to the Bangladesh investment promotion agency. Presenting the findings of a recent survey, JETRO Country Representative Yuji Ando said 68 per cent of Japanese companies surveyed had shown interest in expanding their business in Bangladesh.

Source: https://today.thefinancialexpress.com.bd/trade-market/beza-launches-new-project-to-boost-capacity-lure-investments-1650730523

Tk 1.5b from CMSF in stocks

The Investment Corpo-ration of Bangladesh (ICB) has ploughed Tk 1.5 billion into the stock market from the Capital Market Stabilisation Fund (CMSF). Earlier, it received Tk 1.0 billion from the CMSF with an eye to enhancing liquidity support in the market. On April 18, the state entity invested another Tk 500-million funds received from the CMSF. The CMSF comprises undistributed or unsettled dividends, say cash, stock and rights. Officials say the CMSF has so far received Tk 4.50 billion in cash and shares worth Tk 3.25 billion in market price from the issuers of the listed securities. As sponsor, the CMSF has already contributed Tk 500 million to the fund to be floated in order to facilitate the stabilisation of the market.

Source: https://today.thefinancialexpress.com.bd/first-page/tk-15b-from-cmsf-in-stocks-1650735121

New DMD of BRAC Bank

The board of BRAC Bank Limited has promoted the bank’s Head of Treasury and Financial Institutions, Md. Shaheen Iqbal, CFA to the position of Deputy Managing Director. Mr. Iqbal rose to the role of Head of Treasury and Financial Institutions in 2014 and contributed significantly to establishing BRAC Bank Treasury as the leader in the market.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/new-dmd-of-brac-bank-1650729040

StanChart completes host-to-host ERP connectivity in poultry sector

Standard Chartered Bangladesh has established a host-to-host (H2H) integration solution for Suguna Food and Feeds Bangladesh Private Limited (Suguna), one of the largest multinational feed companies operating in the poultry industry of Bangladesh. The bank was the first to introduce the concept of host-to-host integration in cash management for businesses in different sectors in Bangladesh, and now have also introduced this service for the poultry segment, says a press release. This connectivity will enable Suguna to process domestic payments from their Enterprise Resource Planning (ERP) system. Suguna will also have access to all required MIS reports in its ERP system.

Source: https://today.thefinancialexpress.com.bd/trade-market/stanchart-completes-host-to-host-erp-connectivity-in-poultry-sector-1650730454

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,811.40
↓ 981.36↓ 2.82 %
FTSE100$ 7,521.68↓ 106.27↓ 1.39 %
Nikkei 225$ 27,105.26↓ 447.80↓ 1.63 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 102.07↓ 1.72↓ 1.66 %
Crude Oil (Brent)$ 106.65↓ 1.68↓ 1.55 %
Gold Spot$ 1,931.60↓ 20.02↓ 1.03 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.2000
GBP 1BDT 112.6634
EUR 1BDT 93.5615

*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