$

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

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Daily Business News Flash July 31, 2023

Govt eyes 5 unicorn startups in two years, 50 by 2041

Prime Minister Sheikh Hasina has said the government is working to support at least five startup companies to achieve billion-dollar value by 2025. Startups reaching a billion-dollar value are called unicorns and each of the unicorns should create one lakh jobs here. The number of such companies should grow to 50 by 2041 when Bangladesh aims to be a smart nation,” she said while speaking as the chief guest at the inaugural session of the “Bangladesh Startup Summit 2023. According to the government, the tech industry ecosystem that already has over 2,000 startups helped create 15 lakh jobs in the country already, thanks to the young talents’ continuous exploration for building change-making startups, government support to build an enabling environment and investors.

Source: https://www.tbsnews.net/economy/govt-eyes-5-unicorn-startups-two-years-50-2041-674118

Pathao receives Employment Catalyst Award from PM Sheikh Hasina

Pathao was awarded the Employment Catalyst Award by Prime Minister Sheikh Hasina on Saturday (29 July) for outstanding contribution to job creation, particularly in the youth segment. Fahim Ahmed, managing director & CEO of Pathao, received the award from the prime minister at the inauguration ceremony of the Bangladesh Startup Summit 2023 held at Hotel Intercontinental Dhaka, reads a press release. Since its inception in 2015, Pathao has created more than 500,000 jobs in Bangladesh through its market-leading ride-hailing, food delivery and e-commerce logistics businesses.

Source: https://www.tbsnews.net/economy/pathao-receives-employment-catalyst-award-pm-sheikh-hasina-673814

 US chipmaker to invest $400m in India by 2028

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. The new 500,000-square-foot (55,555 square yards) campus will increase AMD’s office footprint in India to 10 locations. It already has more than 6,500 employees in the country. India in 2021 unveiled a $10 billion incentive programme for the chip sector, but the plan has floundered as no company has so far managed to get clearance for setting up a fabrication plant, the centerpiece to Modi’s ambitions.

Source: https://www.thedailystar.net/business/global-economy/news/us-chipmaker-invest-400m-india-2028-3382246

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,459.29
↑ 176.57↑ 0.50 %
FTSE100$ 7,694.27↑ 1.51↑ 0.02 %
Nikkei 225$ 33,133.83↑ 374.60↑ 1.14 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 80.18↓ 0.40↓ 0.50 %
Crude Oil (Brent)$ 84.45↓ 0.54↓ 0.64 %
Gold Spot$ 1,954.04↓ 5.45↓ 0.28 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 108.6400
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.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

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.

YOUR SAFETY MEANS EVERYTHING TO US
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.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
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.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
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.

WE WILL FREQUENTLY UPDATE YOU
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

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