$

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

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Daily Business News Flash February 08, 2024

Bangladesh advances further in logistics competence

Bangladesh has demonstrated further progress in the logistics sector, advancing two positions to claim 33rd place among the 50 most promising emerging logistics markets worldwide, according to the 2024 Agility Emerging Markets Logistics Index. This positive development is attributed to the country’s performance in domestic logistics opportunities, digital readiness, and business fundamentals. The gain follows a four-position improvement achieved in the previous year’s index, where Bangladesh reached the 35th position. Half of the 830 industry professionals surveyed for the 2024 Agility Emerging Markets Logistics Index expect a global recession in the coming year – down from nearly 70% a year ago. Bangladesh also climbed 12 positions in the World Bank’s Logistics Performance Index 2023, ranking 88th out of 139 countries, compared to 100th in 2018. This further underscores the country’s ongoing efforts to improve its logistics sector.

Source: https://www.tbsnews.net/economy/bangladesh-advances-further-logistics-competence-788506

 ACI invests $20m in fruit-juice production with Danish firm

A joint venture between business conglomerate ACI Limited and Danish juice giant CO-RO has established a fruit drink factory with a $20 million investment and aims to gradually expand their footprint in the country’s beverage industry. Established in 1942, CO-RO has been refreshing and delighting international markets for over 50 years, particularly it boasts robust positions across the Middle East, Asia, Europe, and Africa. Today CO-RO brands have consumers in over 80 markets. ACI Limited is also listed on the country’s stock market, with its shares closing at Tk188.50 each on Tuesday at the Dhaka Stock Exchange.

Source: https://www.tbsnews.net/economy/aci-invests-20m-fruit-juice-production-danish-firm-788542

 BIDA to integrate 150 more services into OSS by March

The Bangladesh Investment Development Authority (BIDA) aims to integrate 150 more investment-related services into its virtual One Stop Services (OSS) by March. The investment promotion agency has already incorporated 112 services onto the platform, with the goal of enhancing the investment climate in the country. During a progress meeting at the BIDA headquarters, Biniyog Bhaban, in Agargaon, on Wednesday, BIDA Executive Chairman Lokman Hossain Miah emphasised the development of the OSS platform as a single point of entry for investors in the country. Presently, BIDA offers 112 investment services from 37 departments through the BIDA OSS platform.

Source: https://today.thefinancialexpress.com.bd/trade-market/bida-to-integrate-150-more-services-into-oss-by-mar-1707326593

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 38,677.36
↑ 156.00↑ 0.41 %
FTSE100$ 7,628.75↓ 52.26↓ 0.68 %
Nikkei 225$ 36,863.28↑ 743.36↑ 2.06 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 74.16↑ 0.30↑ 0.41 %
Crude Oil (Brent)$ 79.56 ↑ 0.35↑ 0.44 %
Gold Spot$ 2,033.75↓ 1.61↓ 0.08 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
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.<

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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