$

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 February 16, 2022

Rainwater could meet up to 60pc water demand at garment factories

Harvested rainwater currently meets 15 per cent to 60 per cent of the demand for non-drinkable water at textile and garment factories, helping the industry further its green movement by reducing dependence on groundwater. Of the 65 textile and garment manufacturers surveyed, 12 units have rainwater catchment areas of 2,000 square metres while the remaining 53 factories have catchment areas ranging from 2,000 to 8,000 square metres. The annual demand for non-drinkable water in 17 of these factories is 10,000 cubic metres, while it ranges between 10,000 and 50,000 cubic metres in the remaining 48 units.As such, around 34 of the factories have the potential to harvest 10,000 cubic metres of rainfall while the other 31 could harvest anywhere from 10,000 to 30,000 cubic metres each year. Six of these units meet 15 per cent of their demand for non-drinkable water from the harvested rainwater while 59 meet up to 60 per cent of their demand from the same source.

Source: https://www.thedailystar.net/business/economy/news/rainwater-could-meet-60pc-water-demand-garment-factories-2963126

Chandpur Power set to begin production

Doreen Power Generations and Systems Limited yesterday announced that its subsidiary, Chandpur Power Generation, has completed a 100-hour reliability run test as per the power purchase agreement signed with the Bangladesh Power Development Board. Doreen Power, a listed power producer, submitted a letter to BPDB on February 12 for the issuance of a formal declaration certificate effective from February 11, 2022, as per the agreement.The 115-megawatt heavy fuel oil-based power plant will produce and supply electricity for 15 years, generating around Tk 1,102 crore in revenue each year. Doreen Power holds a 99.90 per cent stake in the Chandpur-based power producer.Doreen Power’s earnings per share rose to Tk 4.86 in the first half of the current financial year, against Tk 3.85 during the same period in 2020-21. However, the company’s share yesterday dropped 0.52 per cent to Tk 76.10 on the Dhaka Stock Exchange (DSE).

Source: https://www.thedailystar.net/business/economy/news/chandpur-power-set-begin-production-2962216

No charge on credit cards before activation: BB

From now on, no charges or fees can be imposed on customers before the activation of credit cards, Bangladesh Bank said in a notice yesterday. However, non-transactional charges can be imposed with the customer’s consent only after activation of a credit card.The banking regulator said to have observed banks imposing different types of non-transaction charges, including annual fees and SMS fees, on credit cards even before their activation.

Source: https://www.thedailystar.net/business/economy/banks/news/no-charge-credit-cards-activation-bb-2963096

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,988.84
↑422.67↑1.22 %
FTSE100$ 7,608.92↑77.33↑1.03 %
Nikkei 225$ 27,446.60↑581.41↑2.16 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 92.06↓0.01↓0.01 %
Crude Oil (Brent)$ 93.18↓0.10↓0.11 %
Gold Spot$ 1,853.42↓0.19↓0.01%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 116.4526
EUR 1BDT 97.6960

*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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