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 30, 2020

One-fourth of taxpayers filed returns so far

Just one-fourth of more than 50 lakh registered taxpayers in the country filed their annual income tax returns by the end of last week. But the National Board of Revenue said that it would not extend the deadline for submission beyond November 30. This means that taxpayers who fail to file their return by the end today will have to submit their returns by seeking time from the field offices of taxes.The NBR said that the number of tax returns filed increased 5 per cent year-on-year to 13.20 lakh as of November 26, up from 12.57 lakh a year ago.Income tax is the second biggest source of revenue collected by the NBR, and companies account for more than 60 per cent of the direct tax collected. Last year, nearly 22 lakh taxpayers filed returns as the submission was not mandatory. This year, taxmen expect to receive a higher number of returns because of changes in the law brought while passing the national budget for fiscal 2020-21. The tax department aims to log Tk 105,475 crore during the current fiscal year. The collection target is 32 per cent of the total goal of Tk 330,000 crore. As of October, taxmen had achieved nearly one-fifth of that yearly target, NBR data shows.

Source: https://www.thedailystar.net/business/news/one-fourth-taxpayers-filed-returns-so-far-2003385

IFC invests $25m in Bank Asia

In an effort to provide liquidity to businesses affected by the COVID-19 pandemic in Bangladesh and help preserve jobs, IFC, a member of the World Bank Group, is making a fresh investment in the Bank Asia Limited. IFC’s $25 million loan to Bank Asia Limited will provide critical working capital to help small and medium enterprises (SMEs) and corporate clients to continue their operations. SMEs comprise over 90 per cent of businesses in Bangladesh and employ over 20 per cent of the adult population. The financing package is part of IFC’s $8 billion global COVID-19 fast-track financing facility, aimed at helping companies stay afloat during the ongoing public health crisis. This investment comes under the Working Capital Solutions (WCS) program of the COVID-19 response envelope, which provides $2 billion globally to emerging-market banks, enabling them to support struggling firms.The International Development Association’s Private Sector Window (IDA PSW) Blended Finance Facility is also supporting IFC’s WCS program with a first-loss guarantee of up to $215 million in eligible countries, including Bangladesh.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ifc-invests-25m-in-bank-asia-1606667677

Airbus signs MoU with BSMRAAU

Airbus signed a Memorandum of Understanding (MoU) with Bangladesh’s Bangabandhu Sheikh Mujibur Rahman Aviation and Aerospace University (BSMRAAU) on Sunday to provide its students world class pilot training and maintenance engineering skills. The MoU underlines Airbus’ strong commitment towards supporting the expansion of Bangladesh’s aviation infrastructure, which can be a key accelerator of the country’s already impressive economic growth.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/airbus-signs-mou-with-bsmraau-1606668464

MTB signs deal with QFL

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Quality Feeds Limited (QFL) at a simple ceremony held at the bank’s Corporate Head Office in the city. Under this agreement, MTB will offer collateral-free Agriculture & SME loan facilities for the dealers of QFL.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/mtb-signs-deal-with-qfl-1606668381

NCC Bank Ltd opened Sonargaon Sub-branch

NCC Bank Ltd opened its Sonargaon Sub-branch at Narayanganj on Sunday. Vice Chairman of the bank Md. Abul Bashar formally inaugurated the sub-branch as the chief guest through a digital platform. Managing Director & CEO (C.C.) of the bank KhondokerNayeemulKabir presided over the ceremony.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/ncc-bank-ltd-opened-sonargaon-sub-branch-1606668511

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 29,910.37
↑ 37.90↑ 0.13 %
FTSE100$ 6,367.58↑ 4.65↑ 0.07 %
Nikkei 225$ 26,632.58↓12.13 ↓0.05%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 45.05 ↓0.48↓1.05%
Crude Oil (Brent)$ 47.72↓0.46↓0.95%
Gold Spot$ 1,771.10 ↓16.69↓0.93%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 84.8000
GBP 1BDT 112.9366
EUR 1BDT 101.4632
INR 1BDT 1.1524





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