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 27, 2022

UAE-Bangladesh Business Council to be launched next month

Bangladesh’s apex trade body, the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI), and its counterpart in the United Arab Emirates, the UAE Federation of Chambers of Commerce and Industry, are all set to launch a council next month in a bid to enhance business cooperation. To this end, the FBCCI held a preparatory meeting at its office in Dhaka on Saturday, in which office bearers of the organisation and several other business leaders and policy analysts took part. Called UAE-Bangladesh Joint Business Council, the cooperation platform is expected to help Bangladesh boost trade with the Middle East, Africa as well as Europe. The council is scheduled to be launched during the visit of Prime Minister Sheikh Hasina to Dubai next month. FBCCI plans to highlight Bangladesh’s sector-based investment and export prospects in the inaugural ceremony.

Source: https://www.tbsnews.net/economy/uae-bangladesh-business-council-be-launched-next-month-376651

NatGeo Super Factories to showcase Walton’s plant

Electronics and tech giant Walton is set to be the first Bangladeshi company to be featured in National Geographic’s popular TV show “Super Factories”. The documentary to be aired at 8:30pm will give viewers an insight into Walton’s manufacturing process and its success story. Walton officials said the 44-minute documentary will show the company’s journey towards becoming the top brand in Bangladesh, and how it has established the country as a hub of technology products by manufacturing, marketing, and exporting electronics and kitchen appliances.The Super Factories series was created to give viewers a deeper understanding of hi-tech factories and expand their knowledge. The National Geographic India authorities said they aim to showcase the compelling journey of Walton Group, highlighting their innovative approach to adapt to evolving technologies.

Source: https://www.tbsnews.net/economy/industry/natgeo-super-factories-showcase-waltons-plant-376237

Foreign aid disbursement, commitment rises

Foreign assistance disbursement and commitment both increased in Bangladesh in the first seven months of the current fiscal year thanks to speedy release of funds and additional promises as support for tackling the pandemic. Meanwhile, the use of foreign assistance increased 28.42 per cent year-on-year to $4.7 billion, according to data from the Economic Relations Division (ERD).The Asian Development Bank (ADB) topped the fund disbursement list with $1.7 billion.

Source: https://www.thedailystar.net/business/economy/news/foreign-aid-disbursement-commitment-rises-2971396

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,058.75
↑834.92↑2.51 %
FTSE100$ 7,489.46↑282.08↑3.91 %
Nikkei 225$ 26,476.50↑505.68↑1.95 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 91.59↓1.22↓1.31 %
Crude Oil (Brent)$ 97.93↓1.15↓1.16 %
Gold Spot$ 1,889.34↓14.55↓0.76 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 116.4956
EUR 1BDT 97.2918

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

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




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