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 15, 2022

100pc population comes under electricity coverage

Bangladesh has achieved yet another milestone as the government is set to announce that it has brought 100 per cent of the population under electricity coverage. The achievement will put Bangladesh ahead of India and Pakistan, among the countries in South Asia, that have brought 98 per cent and 74 per cent of their population under electricity network. Installed power generation capacity rocketed to 25,514 megawatts from 4,942MW in 2009, while the maximum power production rose to 13,792 MW, up four-fold from 3,268MW13 years ago. In 2009, only 47 per cent of the population had access to power. Per capita power generation more than doubled to 560 kilo-watt-hour from 220 kWh during the period, making a frequent power outage a thing of the past.

Source: https://www.thedailystar.net/business/economy/news/100pc-population-comes-under-electricity-coverage-2983111

Booming concrete block industry up to grab brick market

Concrete block-manufacturing industry finds a boom-time in Bangladesh to seize bulk of the Tk 90-billion brick market, as the new-generation building blocks are eco-friendly and cheaper. As the government has decided to ban the use of the traditional bricks in the next three years in phases because of the environmental hazards brick kilns create, people are looking to the eco-friendly construction material to come up to their relief. As a result, the demand for concrete blocks is on the rise-so is the silent but steady growth of the modern manufacturing industry. According to experts, the current market size of the country’s brick industry is over Tk 90 billion -and concrete-block makers have already grabbed a share of the market amounting to nearly Tk 2.0 billion. Business groups like Concord, Mir Group, BTI, and Meghna are the market leaders right now with 20 per cent of the concrete-block market in their possessions. The large factories invested Tk 300-500 million each for setting up an automated concrete block-manufacturing factory. Besides, there are midsize players having invested Tk 50-60 million each for setting up a factory, industry-insiders say, adding that an automated unit could be procured from China for Tk 50 million.

Source: https://today.thefinancialexpress.com.bd/first-page/booming-concrete-block-industry-up-to-grab-brick-market-1647283735

New MD & CEO of Bangladesh Commerce Bank

Mr. Md. Tajul Islam joined as the Managing Director and CEO of Bangladesh Commerce Bank Limited (BCBL). He started his banking career in 1988 as a Senior Officer at Janata Bank after obtaining Bachelor’s (Honors) and Master’s degrees in Public Administration from Chittagong University. In his academic career, he holds a special place in the merit list of all academic examinations.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/new-md-ceo-of-bangladesh-commerce-bank-1647278195

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,945.24
↑ 1.05↑ 0.00 %
FTSE100$ 7,193.47↑ 37.83↑ 0.53 %
Nikkei 225$ 25,389.31↑ 81.46↑ 0.32 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 98.83↓ 4.18↓ 4.06 %
Crude Oil (Brent)$ 102.57↓ 4.33↓ 4.05 %
Gold Spot$ 1,941.22↓ 9.66↓ 0.50 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.00
GBP 1BDT 112.1440
EUR 1BDT 93.8518

*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