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 20, 2022

Four firms to invest $50m in BEPZA Economic Zone

BEPZA Economic Zone in Mirsharai of Chattogram, for the first time, is set to house four industrial units that will invest an aggregate amount of US$50 million. The investors– three foreign companies and a local one– will manufacture garment, camping and footwear accessories in the industrial park of Mirsharai, generating employment for over 23,000 people. To this effect, the four companies inked land lease agreements with the Bangladesh Export Processing Zone Authority (BEPZA) at a ceremony held at the BEPZA Complex in the city’s Dhanmondi on Saturday.The process of establishing industrial units in the BEPZA Economic Zone (BEPZA EZ) at Bangabandhu Sheikh Mujib Shilpa Nagar starts officially with signing of these agreements.According to investment proposals, Sri Lankan Univogue Garments Company will set up a unit with an investment of US$ 36.49 million to produce woven items. China’s Fengqun Composite Material will establish a shoe accessories factory with an investment of US$ 2.22 million to produce foam, foam PU insole, lamination goods, footwear items and packaging items. Campex (BD) Limited, a USA-owned enterprise, will set up a tent, tent accessories and outdoor garment manufacturing unit with an investment of US$ 10 million. Bangladeshi company TexTrim Labels will set up a garment accessories and paper converting unit investing US$ 1.27 million.

Source: https://today.thefinancialexpress.com.bd/trade-market/four-firms-to-invest-50m-in-bepza-economic-zone-1645287069

Ecommerce got pandemic boost, still going strong

While the Covid-19 pandemic-induced shutdowns starting in March 2020 brought the economy to a halt, it breathed new life into a slowly growing e-commerce market. Consumers across learned that shopping no longer had to mean going to physical stores. Almost everything was now just a finger tap away. Even after virus fear eased and errant platforms including Evaly, Dhamaka Shopping, Eorange collapsed, online orders are on the rise, while more sellers from diversified backgrounds are going online not to miss the train to the future of retailing.The growing number of e-commerce businesses, the options in their virtual shelves and the base of online buyers has led to the market nearly doubling in two years since the pandemic, according to the E-commerce Association of Bangladesh (e-CAB). Capitalising on the spread of smartphones and strong internet penetration across the country, companies betted that the grounds were ripe for investments.

Source: https://www.tbsnews.net/economy/ecommerce-got-pandemic-boost-still-going-strong-373078

Berger to be used at airport extension project

Berger Paints Bangladesh has recently signed an agreement with Amin Mohammad Construction on use of its paints and construction chemicals at Hazrat Shahjalal International Airport’s 3rd terminal construction project.

Source: https://www.thedailystar.net/business/organisation-news/news/berger-be-used-airport-extension-project-2966066

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,079.18
↓232.85↓0.68 %
FTSE100$ 7,513.62↓23.75↓0.32 %
Nikkei 225$ 27,122.07↓110.80↓0.41 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 91.07↓0.69↓0.75%
Crude Oil (Brent)$ 93.54↑0.57↑0.61 %
Gold Spot$ 1,898.43↑0.00↑0.00 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 116.9084
EUR 1BDT 97.3950





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.

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.

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.

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.

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