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 November 21, 2022

Bangladesh keen to boost trade with seven sisters of India 

erming India as a friendly nation as well as a trade and development partner of Bangladesh, Commerce Minister Tipu Munshi has said that there is a huge scope for boosting trade and investment of Bangladesh with the seven sisters of India including Assam. “We’re interested to increase trade and investment with this region,” said Tipu when a delegation, led by Biswajit Daimary, Indian politician from Bharatiya Janata Party and the incumbent speaker of Assam Legislative Assembly, met the minister at his official residence in Dhaka on Sunday. Biswajit is leading a 62-member delegation to Bangladesh. The commerce minister said that RMG represents around 83 per cent of Bangladesh’s export earnings while raw materials and machineries of this industry are also being imported from India. He suggested that Assam could take expert trainers from Bangladesh in the RMG sector and thus groom their RMG workers as skilled workforce. 

Source: https://thefinancialexpress.com.bd/economy/bangladesh-keen-to-boost-trade-with-seven-sisters-of-india-1668958326

Dollar crisis will resolve by January: Salman F Rahman

The ongoing crisis in the country for US dollars will resolve by coming January, said Salman F Rahman, adviser to the prime minister on private industry and investment. “The ban on the import of non-essential goods has had a positive effect. Due to the shortage of dollars, there have been problems opening LC for the last two months but we are surplus in the current account. But there are some issues with legacy payments, which will be over in December. As a result, the dollar problem will be resolved next January,” He said speaking as the guest of honor at the signing ceremony of a strategic partnership between ABG Limited and Chittagong Stock Exchange at Radisson Blu Chittagong Bay View Hotel on Sunday (20 November) night.  ABG Limited – a concern of the Bashundhara Group, has purchased a 25% stake in CSE. 

Source: https://www.tbsnews.net/economy/dollar-crisis-will-resolve-january-salman-f-rahman-535830

BTRC to run audits on GP, Robi, Banglalink

The country’s telecom regulator has decided to conduct financial audits on three leading mobile network operators (MNOs) – Grameenphone (GP), Robi Axiata and Banglalink – although settlement of the previous audits on GP and Robi is yet to reach an end. The Bangladesh Telecommunication Regulatory Commission (BTRC) has taken the policy decision. The new audits will be conducted after the previous audit periods, which were until 2014 for GP and Robi. An audit on the third largest MNO Banglalink until 2019 is yet to be completed. Banglalink will be audited from 2020 onwards. “We have decided to run audit on these MNOs soon,” Post and Telecommunication Minister Mustafa Jabbar told the FE. He said audit is a regular responsibility of the BTRC, and the regulator can conduct audit anytime on its licensees. About realisation of the previous audit claims, he said the issue is now in the court for resolution. “We can’t do anything about the court’s decision,” he said, adding that the BTRC’s job is to audit and the regulator would do it. The telecom regulator conducted separate audits into the two operators’ books from their inception until December 2014 and claimed Taka 125.80 billion from GP and Taka 8.67 billion from Robi.

Source: https://thefinancialexpress.com.bd/trade/btrc-to-run-audits-on-gp-robi-banglalink-1668999026

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑ 199.37 ↑ 0.59%
FTSE100$7,385.52↑ 38.98↑ 0.53%
Nikkei 225$27,906.75↑ 6.98↑ 0.03%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$79.21↓ 0.87↓ 1.09%
Crude Oil (Brent)$86.72 ↓ 0.90↓ 1.03%
Gold Spot$1,745.78↓ 4.90↓0.28%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 106.9000
BDT 106.9000

*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