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 March 03, 2022

February exports hit another milestone

Earnings from merchandise shipments continued to soar in February, registering growth of 34.54 per cent year-on-year to reach $4.29 billion on the back of increased garment exports. February’s earnings were the highest in the same month of the past 10 years.The February receipts are also 18.80 per cent higher than the target of $3.61 billion. In February last year, Bangladesh recorded merchandise shipments amounting to $3.19 billion, according to data from the Export Promotion Bureau. In January this year, earnings from merchandise shipments stood at $4.85 billion, the second-highest single-month receipts. In December, exporters raked in $4.9 billion, an all-time high for single-month earnings.The July-February earnings are also 16.5 per cent higher than the target of $29.05 billion. During the July-February period in fiscal 2020-21, the total earnings were $25.86 billion.

Source: https://www.thedailystar.net/business/economy/news/february-exports-hit-another-milestone-2974526

Tax Revenue up 15.75pc in seven months

Collection of tax revenue, largely import-stage revenue, grew by 15.75 per cent in the first seven months of the current fiscal year. Customs revenue grew by 22.45 per cent until January of fiscal year (FY) 2021-22 due to a volatile market of essential commodities and  petroleum products.The National Board of Revenue (NBR) collected Tk 1.53-trillion tax during the July-January period, up by Tk 208.21 billion than that of the same period last year. Income tax payers paid Tk 467.67-billion taxes, up by 14.30 per cent compared to that of the corresponding period last year. VAT collection grew by 12.68 per cent with Tk 579.42 billon during the period in question. Customs wing collected Tk 487.27-billion taxes. However, three of the wings missed their respective targets for the period.Bangladesh Bank data shows the opening of letters of credit, generally known as import orders, increased by 11.18 per cent to $6.86 billion in January from $6.17 billion a month before.

Source: https://today.thefinancialexpress.com.bd/first-page/revenue-up-1575pc-in-seven-months-1646240359

UCB implements robotic process automation

United Commercial Bank Ltd. (UCB) has implemented the Robotic Process Automation (RPA), an artificial intelligence (AI)-based technology of 4th industrial revolution (4IR).RPA has been implemented complementing the overall digital transformation journey of the bank in alignment to the national slogan of ‘Digital Bangladesh’ and guidelines of Bangladesh Bank.

Source: https://today.thefinancialexpress.com.bd/trade-market/ucb-implements-robotic-process-automation-1646237285

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,891.35
↑596.40↑1.79 %
FTSE100$ 7,429.56↑99.36↑1.36 %
Nikkei 225$ 26,636.62↑243.59↑0.92 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 113.41↑2.81↑2.54%
Crude Oil (Brent)$ 116.25↑3.32↑2.94%
Gold Spot$ 1,927.26↓1.46↓0.08%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 114.5950
EUR 1BDT 95.7094

*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