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 16, 2022

VAT benefit for mobile makers in economic zones, hi-tech parks

Mobile phone manufacturing or assembly plants in hi-tech parks and economic zones will get VAT benefits, according to a recent notification from the National Board of Revenue (NBR). The companies have to obtain registration as manufacturers from the Bangladesh Hi-Tech Park Authority (BHTPA) and Bangladesh Economic Zones Authority in order to avail the value-added tax benefits. To get full VAT exemption, manufacturers have to attain the capacity of manufacturing printed circuit boards, chargers, batteries, housings and casings of mobile sets. Local handset production has made impressive strides in recent years, aided by the government’s huge tax benefits unveiled in fiscal 2017-18. Since then, 14 plants have been set up while another four are in the pipeline, creating jobs for around 15,000 people. Recently, two companies started manufacturing Nokia and Maximus-branded mobile phones at the Bangabandhu Hi-Tech City in Gazipur.

Source: https://www.thedailystar.net/business/economy/industries/tax-customes/news/vat-benefit-mobile-makers-economic-zones-hi-tech-parks-2939971

Ceramics sector sees highest price appreciation

The ceramics sector saw the highest price appreciation during the last week’s trading at Dhaka Stock Exchange (DSE). Following the price appreciation, the sector witnessed 15.10 per cent capital gain in five sessions of the last week. On the other hand, the Paper & Printing sector saw the second highest price appreciation and the sector saw 7.0 per cent gain in the last week. According to market insiders, lower number of listed companies under Ceramics and Paper & Printing sectors attracted the investors to buy the shares of these two sectors. There are only 5 companies under Ceramics and 6 companies under Paper & Printing sectors. Of the companies of both the sectors, RAK Ceramics (Bangladesh) and Bashundhara Paper Mills were in the chart of weekly top 10 gainers of Dhaka Stock Exchange (DSE). The share price of RAK Ceramics (Bangladesh) closed at Tk 55.70 each on Thursday. The company’s share price rose 23.50 per cent or Tk 10.6 from the closing price of the previous week. At the end of the last week, the share price of Paper processing & Packaging declined to Tk 216.60 each from the price of the previous week settled at Tk 229.70 each.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ceramics-sector-sees-highest-price-appreciation-1642259739

More leeway for private Inland Container Depots

The National Board of Revenue (NBR) has formulated the country’s first-ever comprehensive policy for private inland container depots (ICDs) in order to facilitate their operations and expand Bangladesh’s foreign trade. Owners of the private ICDs hailed the move, calling the policy comprehensive as it will help the sector get rid of the inconsistencies created by existing guidelines. The Private Inland Container Depot (ICD) and Container Freight Station (CFS) Policy-2021, which was published by the NBR last week, has set clear guidelines on establishing private ICDs. At present, there are 19 private ICDs in Bangladesh, located in and around the port city. More than 90 per cent of the total export-oriented goods are stuffed onto containers at the ICDs before they are shipped through Chattogram port. In 2021, 19 ICDs handled 7.09 lakh TEUs (twenty-foot equivalent units) of export containers, 3.03 lakh TEUs of import containers, and around 13 lakh TEUs of empty containers, according to the Bangladesh Inland Container Depots Association (BICDA). The NBR adopted the policy to resolve the problems faced by the ICD operators due to the inconsistencies in the two separate guidelines, issued by the NBR in 1998 and by the shipping ministry in 2016.

Source: https://www.thedailystar.net/business/economy/industries/tax-customes/news/more-leeway-private-icds-2940046

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,911.81
↓ 201.81↓ 0.56 %
FTSE100$ 7,542.95↓ 20.90↓ 0.28 %
Nikkei 225$ 28,124.28↓ 364.85↓ 1.28 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 83.82 ↑ 1.70↑ 2.07 %
Crude Oil (Brent)$ 86.06↑ 1.59↑ 1.88 %
Gold Spot$ 1,817.94↓ 4.60↓ 0.25 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 117.8630
EUR 1BDT 98.4356





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