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

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash November 25, 2021

SS Steel to invest Tk 20 crore to expand business

Chattogram-based steel producer SS Steel is going to invest Tk 20 crore to expand its business in the country. The listed company shared the news through a posting on the website of the Dhaka Stock Exchange today. Earlier in 2020, it planned to acquire Saleh Steel Industries with an investment of Tk 158 crore with the view to occupying a larger portion of the industry. In early January of 2021, the steel company public another disclosure to buy a 75 per cent stake in Southeast Union Ceramic Industries at a cost Tk 200 crore in an effort to expand its product base in the construction sector.

Source: https://www.thedailystar.net/business/news/bangladesh-finally-gets-nod-graduate-ldc-2902456

Bangladesh finally gets nod to graduate from LDC

The United Nations General Assembly (UNGA) has approved resolution to allow Bangladesh to graduate to the developing country grouping from least developed country (LDC) category 45 years after it was included in the category. When the UN included Bangladesh in the LDC group in 1975, the country’s poverty rate was 83 per cent. The rate of poverty declined over the years and it was 20.5 per cent in 2019-20 before the pandemic devastated jobs and income opportunities for many. Bangladesh is now scheduled to officially become a developing country in 2026 as the UN committee recommended that the country should get five years, instead of three, to prepare for the transition due to the impact of the Covid-19 on its economy. Bangladesh was well ahead in the gross national income (GNI) criterion: its per capita income was $1,827 in 2019 against the threshold of $1,222. In the HAI criterion, the country’s score stood at 75.4 points, well above the requirement of 66. In the EVI, a country’s score has to be less than 32. Bangladesh’s score was 27.3.

Source: https://www.thedailystar.net/business/news/bangladesh-finally-gets-nod-graduate-ldc-2902456

 SCB launches country’s first digital trade counter

Standard Chartered Bangladesh has launched the country’s first Digital Trade Counter. This is an online “drop-off” counter, where clients can submit trade transaction applications and related documents. This innovative, secure and self-reliant platform is low on documentation and high on data security. Through this solution, corporate clients can access a paperless, simpler, smarter application and management flow

Source: https://today.thefinancialexpress.com.bd/stock-corporate/scb-launches-countrys-first-digital-trade-counter-1637775672

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,804.38
↓ 9.42↓ 0.03 %
FTSE100$ 7,291.26↑ 4.94↑ 0.07 %
Nikkei 225$ 29,499.28↑ 196.62↑ 0.67 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 78.25↓ 0.14↓ 0.18 %
Crude Oil (Brent)$ 82.27↑ 0.02↑ 0.02 %
Gold Spot$ 1,794.39↑ 5.78↑ 0.32 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 85.8000
GBP 1BDT 114.3628
EUR 1BDT 96.1046





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