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 May 07, 2023

PM offers economic zone to Bhutan for mutual benefits

Prime Minister Sheikh Hasina has offered Bhutan to build an economic zone in Bangladesh for mutual benefits as Bhutanese King Jigme Khesar Namgyel Wangchuck and Queen Jetsun Pema had a meeting with her. The Bangladesh premier said they have already provided economic zones in Bangladesh to India, Japan and South Korea. The Bhutanese King and Queen highly praised the economic advancement of Bangladesh under the dynamic leadership of Sheikh Hasina. Bhutanese King Jigme Khesar Namgyel Wangchuck has expressed his desire to get direct transit with Bangladesh through India.

Source: https://www.tbsnews.net/bangladesh/pm-offers-economic-zone-bhutan-mutual-benefits-627394

BGMEA, Taiwan to collaborate on manmade fibre

The BGMEA and Taiwan Textile Research Institute (TTRI) will work together to enhance the capacity of Bangladesh’s garment industry, especially in manufacturing high-end products made with manmade fibre (MMF). The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) signed a memorandum of understanding (MoU) with TTRI in Taipei of Taiwan on May 4 to this end, according to a press release issued yesterday. The MoU also aims to foster collaboration on building capacity of the industry through sharing knowledge and expertise in technology adaptation, skills development, innovation, resource efficiency and circularity.

Source: https://www.thedailystar.net/business/economy/news/bgmea-taiwan-collaborate-manmade-fibre-3312921

Narsingdi’s clout as industrial hub grows

New industries are being set up in Narsingdi as the district’s road connectivity with the capital has seen a remarkable improvement in recent years. Thanks to the improvement of road infrastructure, travelling time between Dhaka and Narsingdi has gone down significantly, accelerating rapid industrialisation. Earlier, the travelling time to Dhaka from Narsingdi, just 57 kilometres off the capital city, was two and a half hours to three hours. It now takes less than one and a half hours thanks to a 300-foot highway in Dhaka’s Kuril area. The number of textile mills, electronic products and food items manufacturing industries and power looms is increasing in the district. Besides, Madhabdi and Narsingdi sadar, hubs for textile industries, are close to the industrial belt of Narayanganj, so industrialisation is accelerating in its adjoining areas, Momen added. Some 448 businesspersons secured registration as general and associate members from the district chamber in 2021 and 2022. The number of people registered with the trade body is already around 200 in the first three months of 2023.

Source: https://www.thedailystar.net/business/economy/news/narsingdis-clout-industrial-hub-grows-3312936

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,674.38
↑ 546.64↑ 1.65 %
FTSE100$ 7,778.38↑ 75.74 ↑ 0.98 %
Nikkei 225$ 29,157.95↑ 34.77↑ 0.12 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 71.34↑ 2.78↑ 4.05 %
Crude Oil (Brent)$ 75.30↑ 2.80↑ 3.86 %
Gold Spot$ 2,016.79↓ 33.49↓ 1.63 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 106.8000
BDT 107.0000

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<




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