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 June 05, 2022

Govt to take initiatives to boost tea exports

Tea production in Bangladesh was 60 million kg in 2009, which increased to 97.51 million kg in 2021, but the product is not exported much, so the government has decided to take steps to increase its export, said Commerce Minister Tipu Munshi. National Tea Day is being celebrated for the second time in the country this year. The National Tea Day is being observed on 4 June to commemorate his birth centenary, his outstanding contribution to the tea industry and his joining as the chairman of the Tea Board.

Source: https://www.tbsnews.net/economy/industry/govt-take-initiatives-boost-tea-exports-commerce-minister-433030

Small investments creating jobs

Small investments in the cottage and micro sectors are playing an important role in employment generation and sustainable development of the country, said Bangladesh Bank Governor Fazle Kabir at a conference. Islami Bank Bangladesh Ltd (IBBL) organised the conference on “The Micro and SME Entrepreneur” at a local hotel in Rajshahi. The governor called upon micro and SME entrepreneurs to work harder to expand their business through regular repayment of investments. Highlighting the role of Islami Bank during the Covid-19 pandemic, he said IBBL performed an excellent job in disbursing stimulus packages.

Source: https://www.thedailystar.net/business/economy/news/small-investments-creating-jobs-3039351

IDLC Finance to begin shariah-compliant business

IDLC Finance, a listed company, has decided to commence shariah-compliant business to diversify its operations. The company’s board of directors has taken the decision of providing shariah compliant services in a meeting held recently. To commence the shariah compliant business, the company will open a separate wing. Asked, a senior official of the IDLC Finance said around 25 per cent clients who prefer shariah services are presently out of the company’s existing services. IDLC Finance, presently an ‘A’ category company, was listed with the stock exchanges in 1992. The company’s sponsor-directors hold 56.66 per cent shares, institutes 25.64 per cent, foreigners 3.74 per cent and general shareholders 13.96 per cent as on April 30, 2021.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/idlc-finance-to-begin-shariah-compliant-business-1654358703

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,899.70
↓ 348.58↓ 1.05 %
FTSE100$ 7,532.95↓ 74.71↓ 0.98 %
Nikkei 225$ 27,761.57↑ 347.69↑ 1.27 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 118.87↑ 2.00↑ 1.71 %
Crude Oil (Brent)$ 119.72↑ 2.11↑ 1.79 %
Gold Spot$ 1,851.19↓ 17.39↓ 0.93 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 89.0000
GBP 1BDT 112.2112
EUR 1BDT 95.5593

*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