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 January 12, 2022

Bangladesh’s economic growth expected to be 6.4% in 2021-22: World Bank

The World Bank report also added that the country’s economy is expected to see a 6.9% growth in 2022-23. Bangladesh’s economy is expected to grow at 6.4% in 2021-22, according to the World Bank’s “Global Economic Prospects” report released on Tuesday (11 January). The World Bank report also added that the country’s economy is expected to see a 6.9% growth in 2022-23. Neighbouring India’s economic growth is expected to be 8.3% in the current financial year and 8.7% in 2022-23. Nepal’s growth is expected to be at 3.9% this fiscal and at 4.7% in the next financial year. Pakistan’s economy will grow by 3.4% in the current fiscal and at 4% in 2022-23. It predicted further that global growth will slow down to 4.1% this year from an estimated 5.5% in 2021, but warned “Omicron-related economic disruptions could substantially reduce growth” to as low as 3.4%.

Source: https://www.tbsnews.net/economy/bangladeshs-economic-growth-expected-be-64-2021-22-world-bank-356272

 Core index crosses 7000 points mark

Dhaka bourse closed Tuesday’s session with a moderate rise both in broad index and turnover value riding on investors’ increased participation. On the day, the DSEX, broad index of Dhaka Stock Exchange (DSE), crossed 7000-point mark after 23 sessions executed on the premier bourse. Of the major sectors, fuel & power, engineering and pharmaceuticals & chemicals played a pivotal role behind the rise in turnover value. The market opened the day’s session positively and the DSEX continued an upward trend for half an hour. Another upward trend was observed after the mid-session and the core index closed the session with a moderate rise. At the end of the session, the DSEX settled at 7049.15 with a rise of 0.78 per cent or 54.99 points. According to the market operators, Square Pharmaceuticals, Titas Gas, Beximco Pharmaceuticals and the Bangladesh Shipping Corporation played major role behind the moderate rise of the broad index. The shariah based index DSES on Tuesday advanced 1.02 per cent or 15.18 points to close at 1495.87. The DS30 index comprising blue chip securities went up by 0.77 per cent or 20.11 points to close at 2626.66. Power Grid Company of Bangladesh topped the scrip wise turnover chart with a value of Tk 1.33 billion followed by Beximco Tk 1.22 billion, Titas Gas Transmission & Distribution Company Tk 726 million, Fareast Islami Life Insurance Company Tk 697 million and Bangladesh Submarine Cable Company Tk 598 million. CASPI, benchmark index of Chittagong Stock Exchange (CSE), advanced 0.92 per cent or 189.56 points to close at 20667.35.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/core-index-crosses-7000-points-mark-1641922104

Beximco Green Sukuk makes debut trading tomorrow on bourses

Beximco Green Sukuk Al Istisna’a will make its debut trading tomorrow (Thursday) on both the bourses. The trading of the sukuk will be conducted under ‘N’ category, according to officials of Dhaka Stock Exchange (DSE). On July 8, 2021 the Bangladesh Securities and Exchange Commission (BSEC) accorded consent to Bangladesh Export Import Company (Beximco) as originator for issuance of Beximco Green Sukuk Bond of Tk 30 billion. Of Tk 30 billion, Tk 7.50 billion was raised through IPO (initial public offering). As a result, the units worth Tk 7.50 billion will be available for trading after the listing of the Sukuk.  Meanwhile, the DSE informed that Union Insurance will make its shares trading debut on both the bourses on Sunday (January 16) under the settlement category “N”.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/beximco-green-sukuk-makes-debut-trading-tomorrow-on-bourses-1641922124

Digital platform ‘Fabric Lagbe’ launched

Fabric Lagbe, a digital platform to sell textile and readymade garments products, materials, product related accessories was formally launched on Tuesday, reports UNB. Founder and Managing Director of this digital platform Md Nazmul Isalm said that options named job and work have also been added at Fbric Lagbe apps and websites where job seekers can upload their CVs along with qualification and experience. Garment manufacturers can recruit or hire suitable manpower by using the facility at the web portal, he said while addressing the launching of ‘Fabric Lagbe’ digital platform at a function held at the auditorium of Economic Reporters’ Forum in the capital on Tuesday. The platform is basically a combination of textile and readymade garments industries, where the producers can sell its products (readymade garments, fabrics, yarn, and accessories, sizing, dyeing processing, chemical, machineries, etc.) directly. The producers can display their products by listing at ‘Fabric Lagbe’ mobile apps or web portal and can arrange live bids for selling products.

Source: https://today.thefinancialexpress.com.bd/trade-market/digital-platform-fabric-lagbe-launched-1641921513

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 36,252.02
↑ 183.15↑ 0.51 %
FTSE100$ 7,491.37↑ 46.12↑ 0.62 %
Nikkei 225$ 28,753.43↑ 530.95↑ 1.88 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 81.28 ↑ 0.06↑ 0.07 %
Crude Oil (Brent)$ 83.65↓ 0.07↓ 0.08 %
Gold Spot$ 1,818.26↓ 3.34↓ 0.18 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 116.7708
EUR 1BDT 97.4208





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