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 31, 2022

Govt okays LNG purchase at lower cost

The government yesterday approved a proposal to buy 33.60 lakh Metric Million British thermal units (Btus) of liquefied natural gas (LNG) for $35 per unit, which is cheaper than what it cost just a week ago thanks to a downward trend in global prices. As per the proposal approved by the cabinet committee on purchase, Petrobangla, a corporation of the energy and mineral resources division, will buy the LNG for a total of Tk 1,186.70 crore from Singapore based M/S Vitol Asia Pte Ltd. While addressing a press conference after the meeting, Zillur Rahman Chowdhury, additional secretary of the cabinet division, said the fuel cost more than $36.70 per MMBtu when the government approved a separate proposal to buy the same amount of LNG from Vitol Asia on March 23. The price was previously fixed at $29 per MMBtu just before Russia began its invasion of Ukraine, he added while hoping that LNG prices would return to such levels if the conflict ends soon. Bangladesh had given a loan of $250 million to the island nation through a currency swap last year.

Source: https://www.thedailystar.net/business/economy/news/govt-okays-lng-purchase-lower-cost-2994666

PM offers land to KSA in economic zones

Prime Minister Sheikh Hasina has offered the Kingdom of Saudi Arabia land in the special economic zones as the oil-rich Middle-Eastern country has expressed its keenness to make investment in the Bangladesh’s renewable energy sector. The prime minister also extended support to Saudi Arabia in holding the Expo-2030 as the envoy sought Bangladesh’s support to their candidacy to this end.

Source: https://today.thefinancialexpress.com.bd/trade-market/pm-offers-land-to-ksa-in-economic-zones-1648660559

Banking hours cut for Ramadan

Banks in Bangladesh will remain open from 9:30am to 4:00pm every working day during the month of Ramadan, which may begin on April 3 according to the Bangladesh Islamic Foundation. People will be allowed to conduct banking transactions from 9:30am to 2:30pm, as per a circular issued by Bangladesh Bank yesterday. The banking regulator said office and banking hours would return to their earlier timetable after Ramadan ends.

Source: https://www.thedailystar.net/business/economy/banks/news/banking-hours-cut-ramadan-2994656

‘Hello Bima’ launched by MetLife Bangladesh

With a view to making insurance-related information more accessible, MetLife Bangladesh has launched the country’s first dedicated, toll-free insurance query hotline titled ‘Hello Bima’. Available to anyone with a telephone or mobile connection, Hello Bima will serve as a dedicated contact centre for callers to ask questions about insurance and its benefits. Hello Bima hotline can be accessed by dialling toll-free number 08000016344 from 9:00am to 6:00pm, Sunday to Thursday.

Source: https://today.thefinancialexpress.com.bd/trade-market/hello-bima-launched-1648660414

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,228.81
↓ 65.38↓ 0.19 %
FTSE100$ 7,578.75↑ 41.50↑ 0.55 %
Nikkei 225$ 27,879.91↓ 147.34↓ 0.53 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 101.69↓ 6.13↓ 5.69 %
Crude Oil (Brent)$ 108.30↓ 5.15↓ 4.54 %
Gold Spot$ 1,924.71↓ 8.16↓ 0.42 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 86.2000
GBP 1BDT 112.8186
EUR 1BDT 95.5872

*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