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 30, 2022

Dhaka Bank re-elects chairman

Dhaka Bank has recently re-elected the chairman of its board of directors. The official, Abdul Hai Sarker, is also the bank’s founding chairman and chairman of Purbani Group. He is the former vice-chairman of the Bangladesh Association of Banks, former president of Bangladesh Textile Mills Association, and a former director of the Federation of Bangladesh Chambers of Commerce and Industry. He obtained a master’s degree in commerce from the University of Dhaka.

Source: https://www.thedailystar.net/business/economy/banks/news/dhaka-bank-re-elects-chair-3059986

Bangladesh gets $753m for trade, connectivity

The World Bank yesterday approved a $1.03 billion financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors.The Accelerating Transport and Trade Connectivity in Eastern South Asia (ACCESS) Programme Phase-1 will help the governments address the key barriers to regional trade — manual and paper-based trade processes, inadequate transport and trade infrastructure, and restrictive trade and transport regulations and processes.On the Bangladesh side, the $753.45 million ACCESS Project will upgrade the 43km two-lane Sylhet-Charkai-Sheola road to a climate-resilient four-lane road, connecting the Sheola Land Port with the Dhaka-Sylhet Highway. This will cut down travel time by 30 per cent.

Source: https://www.thedailystar.net/business/economy/news/bangladesh-gets-753m-trade-connectivity-3060036

Local firm to invest $8.5m in Uttara EPZ

Bangladeshi company Texas Clothing Ltd is going to establish a garments factory in Uttara Export Processing Zone (EPZ) in the northwest district Nilphamari by investing $8.5 million. Bangladesh Export Processing Zones Authority (Bepza) and Texas Clothing signed an agreement in this regard at Bepza Complex in Dhaka yesterday.The company will produce annually 70 lakh pieces of different garment items like woven shirt, denim pant, twill pant, jacket and woven bottom. The factory is expected to create employment opportunity for 1,450 Bangladeshi nationals.

Source: https://www.thedailystar.net/business/economy/news/local-firm-invest-85m-uttara-epz-3060006

New DMD & CBO of Modhumoti Bank

Mr. Kamrul Hasan Khan joined Modhumoti Bank Limited as DMD & Chief Business Officer on Wednesday. Prior to joining Modhumoti Bank, he was SEVP and Head of Wholesale Banking Division at Mutual Trust Bank Ltd. He has also worked in Prime Bank, HSBC and started his banking career as Probationary Officer of Eastern Bank Ltd. Mr. Khan has a professional career of 22 years in banking sector.He has professional exposure in various capacities including Trade Services, Banking Business Restructuring, Corporate & Commercial Banking, Implementation of Core Banking Software and overall Banking Operations. Mr. Khan obtained his B.Sc. (Electronics) from the University of Pune, India and MBM from Bangladesh Institute of Bank Management (BIBM) and later he completed his MBA from IBA, University of Dhaka.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/new-dmd-cbo-of-modhumoti-bank-1656521225

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 31,029.31
↑82.32↑0.27 %
FTSE100$ 7,312.32↓11.09↓0.15 %
Nikkei 225$ 26,450.63↓353.97↓1.32 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 109.99↑0.21↑0.19 %
Crude Oil (Brent)$ 116.34↑0.08↑ 0.07 %
Gold Spot$ 1,816.85↓0.88↓0.05 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 93.4491
GBP 1BDT 113.8688
EUR 1BDT 98.3187

*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