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
Rate last updated: 02/01/2014 11:15:04 AM
Dhaka Bank Ltd in collaboration with Mastercard has recently launched an “Aroni Mastercard Titanium Credit Card” under “Aroni”, its dedicated banking services for women. The bank also launched a “Titanium Debit Card” and “Tayyebah Islamic Debit Card” under its Islamic banking services, “Tayyebah”. Emranul Huq, managing director and CEO of the bank, and Vikas Varma, chief operating officer for South Asia at Mastercard, attended the launching programme at the lender’s head office in Dhaka, said a press release. Md Mostaque Ahmed, AKM Shahnawaj, AMM Moyen Uddin and Darashiko Khasru, deputy managing directors of the bank, and Syed Mohammad Kamal, country manager of Mastercard, were present.
Source: https://www.thedailystar.net/business/economy/news/dhaka-bank-offers-credit-card-women-3404691
Bangladesh Bank yesterday fixed quotas for allocating sukuk bonds among Shariah-based banks, financial institutions, insurance companies and individual investors. A sukuk is a Shariah-compliant bond-like instrument used in Islamic finance. Bangladesh issued its first sovereign investment sukuk in December 2020. A central bank notice said 85 percent of the allocation would be for Shariah-based banks, financial institutions and insurance companies. About 10 percent will be allocated for Islamic branches and windows of conventional banks. The remaining 5 percent will be for individual investors, provident fund and deposit insurance. All conventional banks, financial institutions and insurance companies will be able to attend sukuk auctions.
Source: https://www.thedailystar.net/business/economy/news/bb-fixes-quotas-sukuk-bond-allocation-3404596
Bangladesh will continue to enjoy duty-free access to Canada market till 2034 as per a bill passed in Canadian parliament in June. The Canadian government has extended duty-free market access to all developing countries that will benefit Bangladesh once it graduates from LDC status in 2026. Welcoming the development, BGMEA President Faruque Hassan told The Business Standard that the Canadian parliament passed a finance bill on June 8, extending the GPT scheme until the end of 2034. This policy decision will greatly support Bangladesh’s industry transformation towards a safer, cleaner, greener, and more sustainable workplace, as well as contribute to the overall infrastructure development in the country. According to the EPB (Export Promotion Bureau) data, Canada was the 11th largest exporting partner of Bangladesh with a $1.72 billion export in FY23. Besides, the North American nation is one of the major markets for Bangladeshi apparel. Bangladesh’s RMG export to Canada reached $1.55 billion in FY23, which was $1.33 billion the previous fiscal, showing 16.55% growth.
Source: https://www.tbsnews.net/economy/canada-extends-duty-free-access-bangladesh-till-2034-689910
| Index Name | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| DJIA | $ 34,346.90 | ↑ 247.48 | ↑ 0.73 % |
| FTSE100 | $ 7,338.58 | ↑ 4.95 | ↑ 0.07 % |
| Nikkei 225 | $ 32,139.33 | ↑ 515.05 | ↑ 1.63 % |
| Commodity | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| Crude Oil (WTI) | $ 79.77 | ↓ 0.06 | ↓ 0.08 % |
| Crude Oil (Brent) | $ 84.38 | ↓ 0.10 | ↓ 0.12 % |
| Gold Spot | $ 1,915.55 | ↑ 0.59 | ↑ 0.03 % |
| Exchange Rates | ||
|---|---|---|
| Currency | Lowest | Highest |
| USD 1 | BDT 109.5000 | BDT 109.5000 |
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