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 16, 2023

Maersk building 2.1 lakh square feet warehouse in Chattogram

Danish logistics giant Maersk is building a 210,000 square feet warehouse in Chattogram to expand its capacity. The warehouse has been tailor-made to suit the needs of exporters of retail and lifestyle commodities and should be available by April 2024. In recent times, Bangladesh has seen a slight slowdown in exports owing to the ongoing geopolitical situation that has led to reduced demand for retail and lifestyle goods in the Western markets. With the demand picking up again and limited warehousing capacity in the market, Maersk aims to close the gap between higher demand and shortage of supply through this facility in Chattogram. Maersk and Ispahani Summit Alliance Terminal Limited (ISATL) had first collaborated and entered into an agreement towards the end of 2021 and within a period of 14 months, ISATL provided 200,000 square feet of export custom bonded warehouse to Maersk, according to the press release. Maersk also offers another 100,000 square feet of warehousing space in partnership with Vertex Depot, which was inaugurated earlier in February this year. Maersk also offers another 300,000 sqft of flexible warehousing capacity through local partnerships to customers in case of short-term requirements.

Source: https://www.thedailystar.net/business/economy/news/maersk-building-21-lakh-sqft-warehouse-ctg-3321206

Chinese company to invest $6 million in BEPZA Economic Zone

Chinese company Jibin Technology (BD) Co. Limited is going to set up a factory manufacturing shoe accessories in the BEPZA Economic Zone (EZ) in Mirsharai, with an investment of $6 million. Jibin Technology (BD) signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to this effect at the latter’s premises in the capital on Monday. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the signing ceremony. The companies are so far slated to invest $400 million to produce diversified products including traditional readymade garments.

Source: https://www.tbsnews.net/economy/chinese-company-invest-6-million-bepza-economic-zone-632498

Dhaka Bank and IPAGE Bangladesh signed agreement

Dhaka Bank Limited and IPAGE Bangladesh Limited signed an agreement on ‘Conducting Special CSR Programme and Financing in Agricultural Sector’ at the head office of the bank recently. Emranul Huq, managing director & CEO of Dhaka Bank, was present at the signing ceremony as the chief guest. Md Katebur Rahman, senior vice president & head of Agriculture Banking Unit of the bank, and Mashrur H Shurid, CEO of IPAGE Bangladesh, signed and exchanged the documents of the agreement.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dhaka-bank-and-ipage-bangladesh-signed-agreement-1684171635

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 33,348.60
↑ 47.98↑ 0.14 %
FTSE100$ 7,777.70↑ 23.08↑ 0.30 %
Nikkei 225$ 29,901.76↑ 275.42↑ 0.93 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 71.46↑ 0.35↑ 0.49 %
Crude Oil (Brent)$ 75.61↑ 0.38↑ 0.51 %
Gold Spot$ 2,016.73↑ 0.24↑ 0.01 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 108.0000
BDT 108.0000

*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