$

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 August 31, 2023

IFC invests $11b in Asia-Pacific projects in FY’23

IFC, the largest global development institution, funded a record US$11 billion for a total of 108 projects in Asia and the Pacific in fiscal year (FY) 2022-23, registering a 10 per cent year-on-year increase. The amount comprised $4.7 billion in long-term financing from its own account, $3.4 billion in mobilization, and $2.9 billion in short-term trade and supply-chain finance to facilitate trade flows, said a press release issued on Wednesday. In Bangladesh, IFC invested in projects to improve food security in the region, including an investment to promote a resilient rice market. This is IFC’s first investment from its new Global Food Security Platform, a $6 billion global facility set up to counter the food crisis. IFC projects in the last financial year are expected to improve the livelihoods of over 130,000 farmers in the region, with specific targets for women farmers. A record $4.7 billion was committed to financial institutions in the region, which are expected to improve access to finance for MSMEs through the provision of more than 1.6 million loans, with specific targets for women-owned businesses.

Source: https://today.thefinancialexpress.com.bd/trade-market/ifc-invests-11b-in-asia-pacific-projects-in-fy23-1693417416

73 garment factories receive RSC’s compliance certificate

Some 73 Bangladeshi garment factories today received recognition from the RMG Sustainability Council (RSC) as compliant and safe production facilities. The factories have been provided with the Letters of Recognition (LoRs) after correcting the non-compliance faults identified during the initial inspections of the council formed by the buyers to monitor workplace safety in RMG establishments. Currently, the RSC is covering 1,913 factories, out of which 534 factories have completed all the initial safety findings and 73 factories from the list received their LoR certificates. The international fashion brands are now very much aware of where they source from, and they always prioritise the suppliers that ensure safe workplaces for the workers. Achieving the LoR indicates that the factory management has reached an important milestone in the journey towards ensuring safety which in turn makes the business more sustainable

Source: https://www.thedailystar.net/business/news/73-garment-factories-receive-rscs-compliance-certificate-3406996

 Dhaka Bank signs deal with Ship International Hospital

Dhaka Bank Limited has recently signed a corporate medical services agreement with Ship International Hospital at the hospital’s corporate office to provide convenient and affordable healthcare services to Dhaka Bank employees and Dhaka Bank Card Holders. Under the agreement, Dhaka Bank employees and their dependents, cardholders will get discount facilities in various categories of services at the hospital. HM Mostafizur Rahaman, Executive Vice President & Head of Retail Business Division of Dhaka Bank, and FutoshiKono, Director of Ship International Hospital, signed and exchanged the copy of the agreement.

Source: https://today.thefinancialexpress.com.bd/trade-market/dhaka-bank-signs-deal-with-ship-intl-hospital-1693417550

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,890.24
↑ 37.57↑ 0.11 %
FTSE100$ 7,473.67↑ 8.68↑ 0.12 %
Nikkei 225$ 32,664.80↑ 331.34↑ 1.02 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 81.64 ↑ 0.01↑ 0.01 %
Crude Oil (Brent)$ 85.90 ↑ 0.04↑ 0.05 %
Gold Spot$ 1,945.79↑ 3.47 ↑ 0.18 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 109.5000
BDT 109.5000

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

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.

YOUR SAFETY MEANS EVERYTHING TO US
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.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
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.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
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.

WE WILL FREQUENTLY UPDATE YOU
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

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