$

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 09, 2022

Economy posts blistering growth in FY21

Despite the second wave of the coronavirus pandemic, Bangladesh’s economy pulled off a stunning 6.94 per cent growth in the last fiscal year, way higher than the initial estimate.The final figure is up 1.51 percentage points compared to the provisional estimate, thanks to the rebound of the industrial sector, especially the cottage, small, medium and large industries, according to the Bangladesh Bureau of Statistics (BBS).The provisional estimate was 5.43 per cent. The World Bank (WB) had projected that Bangladesh would have a GDP growth of 5 per cent by the end of FY2021. The International Monetary Fund (IMF) said it would be 4.6 per cent and the Asian Development Bank (ADB) put the figure at 5.5 per cent.In FY19-20, the industrial sector grew 3.61 per cent. It rose to 10.29 per cent in FY21.The agriculture sector grew 3.17 per cent, up from 2.37 per cent a year ago.

Source: https://www.thedailystar.net/business/economy/news/economy-posts-blistering-growth-fy21-2957826

Premier Cement to raise Tk 310.75cr

Premier Cement Mills yesterday received permission from the stock market regulator to raise Tk 310.75 crore by issuing preference shares.The Bangladesh Securities and Exchange Commission (BSEC) gave the approval.Of it, preference shares of around Tk 235.75 crore of tenures of five years will be issued to potential investors.The remaining preference share of around Tk 75 crore will have tenures of 12 years and issued to sponsors or directors.The dividend rate of the preference shares that would be issued to investors through private placement ranges from 6.25 per cent to 7.75 per cent.

Source: https://www.thedailystar.net/business/organisation-news/news/premier-cement-raise-tk-31075cr-2957806

 Stocks rebound after single-day break

Stocks backed on the gaining streak Tuesday, after a single-day break, as investors put fresh bets on banking and financial institutions issues ahead of annual earnings and dividend declarations.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 20.98 points or 0.29 per cent to settle at 7,072, after losing 12.50 points in the previous day.Two other indices also posted modest gain. The DS30 index, comprising blue chips, advanced 2.60 points to finish at 2,610 and the DSE Shariah Index gained 1.82 points to close at 1,511.Turnover, the most important indicator of the market, stood at Tk 14.50 billion, which was 1.54 per cent higher than the previous day’s tally of Tk 14.28 billion.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/stocks-rebound-after-single-day-break-1644337739

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,462.78
↑371.65↑1.06%
FTSE100$ 7,567.07↓ 6.40↓ 0.08 %
Nikkei 225$ 27,595.50↑318.76↑1.17 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 89.66↑0.30↑0.34 %
Crude Oil (Brent)$ 91.12↑ 0.34↑0.37 %
Gold Spot$ 1,828.06↑2.14↑0.12%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 85.4750
GBP 1BDT 116.4268
EUR 1BDT 98.4098

*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<

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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