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 28, 2024

29 companies to get Green Factory Award-2023

The government will present a “Green Factory Award-2023” to 29 companies from 12 sectors today recognising their role in enhancing productivity through the use of skilled workforce and eco-friendly technology in safe environments. The sectors are woven, knitwear, leather (finished goods and tannery), tea, cement, pharmaceuticals, tiles and ceramic, electric and electronics goods manufacturing, plastic, food processing, and textile industries. Of these 215 factories, 80 are platinum rated, 120 gold, 10 silver and four green as per the USGBC’s Leadership in Energy and Environmental Design (LEED) certification. Moreover, 55 of the world’s 100 top-rated green buildings are located in Bangladesh.

Source: https://www.thedailystar.net/business/news/29-companies-get-green-factory-award-2023-3596856

Chattogram, Cox’s Bazar witness a boom in salt production

Salt production has hit a record high of 1.7 million tonnes in the past four months in Chattogram and Cox’s Bazar. Farmers are now working in a buoyant mood in the salt fields as there prevails a favourable sunny weather, without any rain. In line with the target, the farmers of the coastal region are getting a good yield of salt, said industry insiders. According to official sources, salt is being produced on 66,424 acres of land in Cox’s Bazar Sadar, Eidgaon, Maheshkhali, Chakaria, Teknaf, Kutubdia and Pekua upazilas of Cox’s Bazar and Banshkhali upazila of Chattogram. A target to produce 2.545 million tonnes of salt was set for the region in the current year while 1.7 million tonnes was produced in the past four months against the total target. A total of 41,765 farmers have been involved in salt production in eight upazilas of Cox’s Bazar and Banshkhali upazila of Chattogram since in the last week of November, 2023. According to the Bangladesh Small and Cottage Industries Corporation (BSCIC), the demand of salt in the country in the season of 2023-24 is 2.528 million tonnes. At the beginning of the season, there was a stock of 1.6 million tonnes of salt at the field level. The demand of salt in the 2022-23 season was 2.385 million tonnes while the production was 2.232 million tonnes. The price of salt in the 2023-24 season has been fixed at Tk 526 per maund and Tk13,146 per ton. However, farmers say that salt is being sold at Tk350 to Tk 360 per maund.

Source: https://today.thefinancialexpress.com.bd/country/ctg-coxs-bazar-witness-a-boom-in-salt-production-1714232116

PRAN Dairy wins ‘Best Exporter’ award

PRAN Dairy Limited, a sister concern of PRAN Group, has received “Standard Chartered-Channel i Agro Award-2023” in the ‘Best Exporter’ category for its outstanding contribution to agricultural sector of the country. Fisheries and Livestock Minister Md. Abdur Rahman handed over a crest and certificate to Ahsan Khan Chowdhury, chairman and CEO of PRAN-RFL Group, at a ceremony held at a hotel in the capital on Friday. This year, the award was given to some 11 individuals and institutions. PRAN Dairy bagged the award as the best agricultural exporter. PRAN Dairy started its journey on 2001 to increase milk production in the country. The dairy company has developed the ‘Dairy Hub’ concept for the first time in Bangladesh and is developing “Milk Collection Center” in the village area under the hub. The company is giving various supports and training to the farmers and collecting milk from them and marketing the dairy related products at locals and foreign countries.

Source: https://today.thefinancialexpress.com.bd/trade-market/pran-dairy-wins-best-exporter-award-1714235041

Beza plans to set up desalination plants in coastal EZs

The Bangladesh Economic Zones Authority (Beza) plans to set up desalination plants to meet the water demand of the economic zones being set up in the coastal areas. “The Beza has developed short, medium, and long-term plans for water supply in economic zones, including one to collect water from CETP. around 1,000 MLD (million litre per day) of water will be required to meet the demand of the BSMSN by 2040. Initially, the Beza is supplying 50 MLD water through deep tube wells and surface water treatment plants, while another 100 MLD water will be supplied from two treatment plants. Of the plants, construction on one is underway, and the project on the other is under process. The manufacturing industry accounts for 16% of global water demand, which may increase to 22% by 2030.

Source: https://www.tbsnews.net/economy/beza-plans-set-desalination-plants-coastal-ezs-836661

Beximco to launch Tk1,500 crore zero coupon bond

Bangladesh Export Import Company Limited (Beximco) has announced the commencement of subscription for the ‘Beximco 1st Unsecured Zero Coupon Bond’ starting 28 April. The first tranche of the subscription will be closed on 15 May. This follows the Bangladesh Securities and Exchange Commission (BSEC)’s approval on 3 April, authorising BEXIMCO to issue bonds totaling Tk1,500 crore. The Beximco 1st Unsecured Zero Coupon Bond offers an unprecedented discounted rate of 15%, the highest in the market, translating to a monthly return of Tk1,250 per lakh. This non-convertible, redeemable, unsecured bond aims to raise Tk1,500 crore, of which Tk1000 crore will be used for providing as a loan to Sreepur Township Limited for the development of the Mayanagar project, while the remaining Tk500 crore will be used to repay existing bank loans of Beximco Ltd.

Source: https://www.tbsnews.net/economy/beximco-launch-tk1500-crore-zero-coupon-bond-836531

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 38,239.66
↑ 153.86↑ 0.40 %
FTSE100$ 8,139.83↑ 60.97 ↑ 0.75 %
Nikkei 225$ 37,934.76↑ 306.28↑ 0.81 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 83.85↑ 0.28↑ 0.34 %
Crude Oil (Brent)$ 89.50 ↑ 0.49↑ 0.55 %
Gold Spot$ 2,337.96↑ 5.50↑ 0.24 %

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