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 July 19, 2023

BB alerts banks of malware risks

Bangladesh Bank has recently alerted banks and non-bank financial institutions that they are at risk of cyberattacks and asked them to heighten their guard against malware and viruses. Malware like the banking Trojan TrickBot — which can steal financial details, account credentials and personally identifiable information — are at large. Subsequently, the BB in a letter on July 10 requested banks and NBFIs to deploy cybersecurity best practices such as regular patch updates of ICT systems, the use of licenced software and other solutions, regular penetration tests to assess the vulnerabilities in sensitive systems, constant monitoring and storage backup. The central bank also asked banks and NBFIs to notify of any recent incidents of malware attacks and the actions taken by July 13. It also sought a detailed account of the preventive and reactive measures from cyberattacks by July 20. Since 2016, approximately 5,576 cyber incidents were registered by BGD e-GOV CIRT, the government agency responsible for maintaining the country’s cybersecurity. The cyberattacks targeted the government, start-ups and the financial, military, industrial, trade and commerce, healthcare and energy sectors.

Source: https://www.thedailystar.net/news/bangladesh/news/bb-alerts-banks-malware-risks-3372546

 X Ceramics, Dysin to invest $42m in ceramics, textile chemicals

Two Bangladeshi companies will invest $42 million to build factories in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) for manufacturing ceramics and textile chemicals. X Ceramics Limited ‍and Dysin Advanced Materials Limited will set up their factories on 30 acres of land. Once up and running, these factories are expected to create employment for 1,691 people, according to sources at the Bangladesh Economic Zones Authority (Beza). X Ceramics Limited will build a ceramics factory on 20 acres of land in BSMSN with an investment of $28.65 million. This factory will employ 1,559 people. The company was incorporated in 2008 with the Registrar of Joint Stock Companies. The other company Dysin Advanced Materials Limited will invest $13.32 million on 10 acres of land to build a textile chemical factory where 132 people will be employed.

Source: https://www.tbsnews.net/economy/x-ceramics-dysin-invest-42m-ceramics-textile-chemicals-667662

 Oil surge to $80 shows long-awaited market tightening is here

After languishing for months, crude surged above $80 a barrel in London last week as fuel demand in China and elsewhere recovers from the pandemic to reach new highs. That’s happening just as production cutbacks by Saudi Arabia and its Opec+ allies are set to rapidly drain storage tanks around the world. It’s still far from clear whether Brent crude’s return to $80 a barrel is a turning point that heralds a major price rally. Economic storm clouds still darken the horizon, from shaky Chinese indicators to rising interest rates, and barrels of cut-price crude continue to flood from Iran and Russia. Oil-watchers spent the first half of the year lowering their price expectations. They abandoned initial calls for a return to $100 a barrel in the face of lacklustre economic growth, even as Saudi Arabia made repeated efforts to juice prices with production.

Source: https://www.tbsnews.net/world/oil-surge-80-shows-long-awaited-market-tightening-here-666570

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,951.93
↑ 366.58↑ 1.06 %
FTSE100$ 7,453.69↑ 47.27↑ 0.64 %
Nikkei 225$ 32,759.23↑ 265.34↑ 0.82 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 75.41↓ 0.34↓ 0.45 %
Crude Oil (Brent)$ 79.38↓ 0.25↓ 0.31 %
Gold Spot$ 1,974.91↓ 3.81↓ 0.19 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 109.0000
BDT 109.0000

*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