$

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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Daily Business News Flash March 12, 2024

Dhaka Bank holds annual managers conference

Dhaka Bank held its annual managers conference for 2024 at a city hotel on Saturday. Abdul Hai Sarker, chairman of the Board of Directors of Dhaka Bank, inaugurated the meeting as the chief guest. Emranul Huq, managing director and CEO of Dhaka Bank, presided it over.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dhaka-bank-holds-annual-managers-conference-1710178552

Agricultural product exports make a turnaround

Bangladesh’s agricultural product exports have slightly increased year-on-year during this fiscal year, marking a turnaround from a gradually drop over the past three years thanks to, according to industry insiders, restoration of supply chains and a slight improvement in the US dollar crisis. The export receipts amounted to $637 million in the past eight months, according to the export promotion bureau (EPB). In comparison, it was $615 million in the same period of the previous fiscal year of 2022-23. The product list here is comprised of tea, vegetables, tobacco, fruits, spices, dry food, oil seeds, betel leaves, animal or vegetable fats and oils, sugar and sugar confectionery, beverages, spirits and vinegar, oil cake and others. Overall, Bangladesh exports more than 700 agricultural items, including 63 basic processed products, according to Bangladesh Investment Development Authority (BIDA).

Source: https://www.thedailystar.net/business/economy/news/agri-product-exports-make-turnaround-3564546

Bhutan plans to set up economic zone in Kurigram

Bhutan plans to set up a special economic zone in Kurigram district in the northern region of Bangladesh. Recently, the Embassy of Bhutan in Bangladesh forwarded a formal letter to the Bangladesh Economic Zones Authority (Beza) seeking suitable land for an economic zone in the northern part of the country. The Madhabaram village in Kurigram sadar upazila, which is close to Bhutan’s gateway town Phuntsholing, was selected as the tentative location. Mizanur Rahman, Kurigram sadar assistant commissioner, told The Daily Star that 133.92 acres of Khas land had been handed over to Beza. There are plans to acquire another 80 acres of privately owned land. However, what type of investment will come from the Himalayan kingdom is yet to be clear.

Source: https://www.thedailystar.net/business/news/bhutan-plans-set-economic-zone-kurigram-3564556

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 38,769.66
↑ 46.97↑ 0.12 %
FTSE100$ 7,669.23↑ 9.49↑ 0.12 %
Nikkei 225$ 38,586.92↓ 233.57↓ 0.60 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 78.09↑ 0.16↑ 0.21 %
Crude Oil (Brent)$ 82.44 ↑ 0.23↑ 0.28 %
Gold Spot$ 2,178.16↓ 4.59↓ 0.21 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 110.0000
BDT 110.0000

*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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