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 October 17, 2021

Asia LNG prices rise on firm Chinese demand

Asia liquefied natural gas (LNG) prices continued to rise this week on the back of higher European gas prices, which fuelled competition from buyers in Asia, while demand is firm from top buyer China. The average LNG price for November delivery into Northeast Asia was estimated at about $38.50 per metric million British thermal units (mmBtu), up $1.50 from the previous week, industry sources said. December delivery prices were estimated to be about $38.40 per mmBtu. Last week, price agency S&P Global Platts’ Japan-Korea-Marker (JKM), which is widely used as a benchmark in the spot market in the region, had surged to a record high of $56.326 per mmBtu. Facing an ongoing power crunch, amid a shortage of coal for electricity generation, China has been one of heavy buyers of LNG. The country’s September imports of natural gas, both from pipelines and as LNG, were at a nine-month high at 10.62 million tonnes, 22.6 per cent above year-ago levels. Freight rates to ship LNG remained high, with LNG freight from the US to Northwest Europe and Northwest Asia approximately at peak levels of $2.50 and $4.50 respectively per mmBtu, according to data intelligence firm Spark.

Source: https://today.thefinancialexpress.com.bd/trade-market/asia-lng-prices-rise-on-firm-chinese-demand-1634400446

 Trading of City Bank perpetual bond begins this month

Dhaka bourse is set to open trading of perpetual bond by this month through the direct listing of bond issued by The City Bank. Talking to the FE, the officials of Bangladesh Securities and Exchange Commission (BSEC) and Dhaka Stock Exchange (DSE) have said the listing of The City Bank’s bond is at final stage. Of the banks, the size of the City Bank’s bond is Tk 4.0 billion, Mutual Trust Bank Tk 4.0 billion, One Bank Tk 4.0 billion, First Security Islami Bank Tk 6.0 billion, Trust Bank Tk 4.0 billion, Social Islami Bank Tk 5.0 billion, Jamuna Bank Tk 4.0 billion, Shahjalal Islami Bank Tk 5.0 billion, Islami Bank Tk 8.0 billion, EXIM Bank Tk 6.0 billion and Southeast Bank Tk 5.0 billion. Of these banks, Southeast Bank, Trust Bank, The City Bank and Mutual Trust Bank have completed the subscription of their perpetual bonds.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/trading-of-city-bank-perpetual-bond-begins-this-month-1634397808

Guardian Life Insurance’s ‘Easy Life’ policy now in bKash app

Customers can now avail Guardian Life Insurance’s ‘Easy Life’ policy through bKash app. They can purchase policy, pay premiums, claim insurance, receive claim disbursements through the bKash app. Avoiding the hassle of paper, medical tests and meeting, customers can now easily purchase Guardian Life’s ‘Easy Life’ policy from bKash app. With this new addition, purchase of insurance policy from Guardian Life has become easier and safer for 55 million bKash customers across the country. As technology has created opportunities to avail insurance services digitally, the opportunity to purchase insurance policy from any part of the country will further expand insurance services and play an important role in financial inclusion as well. Customers can avail yearly premiums ranging from BDT 150 to3,499 using the bKash app and can get life coverage of BDT 1 lakh to 3 lakhalong with health coverage of BDT 50,000 for Covid and other health treatment.They can learn more about the premiums, types of coverage and other information from bKash app. To purchase Guardian Life’s ‘Easy Life Policy’ using bKash app, customers need to click on ‘insurance’ from bKash app’s ‘more’ option and select ‘Guardian Life Insurance Ltd’. In the following steps, they need to select the preferred insurance policy, tap ‘view details’ and ‘buy now’ subsequently and enter necessary information to avail insurance policy easily.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/guardian-life-insurances-easy-life-policy-now-in-bkash-app-1634397861

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 35,294.76
↑ 382.20 ↑ 1.09 %
FTSE100$ 7,234.03↑ 26.32↑ 0.37 %
Nikkei 225$ 29,068.63 ↑ 517.70↑ 1.81 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 82.28↑ 0.97↑ 1.19 %
Crude Oil (Brent)$ 84.86↑ 0.86↑ 1.02 %
Gold Spot$ 1,767.62↓ 28.25↓ 1.57 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 85.6000
GBP 1BDT 117.015
EUR 1BDT 99.3026





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