$

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

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Daily Business News Flash October 24, 2022

NBR’s Q1 revenue collection grows 16pc

The country’s internal tax revenue collection grew by nearly 16 per cent (year-on-year) in the first quarter (Q1) of the current fiscal year despite posting a shortfall of Tk 40.74 billion against the target. The National Board of Revenue (NBR) collected Tk 671.04 billion in tax revenue during the period of July-September against its target of Tk 711.78 billion, according to provisional data released Sunday. Two wings of the NBR — VAT and Customs — achieved more than 16 per cent growth in revenue collection compared to the corresponding period of last year. On the other hand, the income tax wing of the NBR achieved 13.82 per cent growth in the July-September period of the current FY. However, all three wings of the NBR are lagging behind their targets in Q1. Economists said fluctuation in exchange rates in conversion from US dollar to Bangladesh taka and the domestic inflation played a significant role in spurring the tax revenue collection in Q1.

Source: https://thefinancialexpress.com.bd/economy/nbrs-q1-revenue-collection-grows-16pc-1666581257

Prime Bank to issue Tk 600cr bond

Prime Bank Ltd has decided to issue an unsecured, non-convertible and redeemable subordinated bond of Tk 600 crore for seven years to enhance its capital base. 

The bond issuance is subject to regulatory approvals, said the private commercial lender in a filing on the Dhaka Stock Exchange yesterday. 

Source: https://www.thedailystar.net/business/economy/news/prime-bank-issue-tk-600cr-bond-3150391

Evaly to resume operation with ‘Dhonnobad Utshob’ on Oct 28

Evaly is set to resume operation with a ‘Dhonnobad Utshob’ (‘Thank You Festival’) to express gratitude to millions of customers and merchants across Bangladesh. The platform will start the campaign on October 28 at 10:00pm, said a press release from the company, reports UNB. Popular brands like Walton, Jamuna, Artisan, O’code, Viomi, Samsung, iPhone, One Plus, and Vivo will participate in the Evaly campaign. For purchases from the secured platform, customers will have three options: pick and pay, cash on delivery and cash before delivery. Customers will also get a ‘star’ for each shipment from Evaly under the customer loyalty program. The loyalty points can be used for future shopping with the platform. Regarding the campaign, Evaly co-founder Shamima Nasrin said the company strongly believes that it will be able to repay past debts through resuming operations.

Source: https://thefinancialexpress.com.bd/trade/evaly-to-resume-operation-with-dhonnobad-utshob-on-oct-28-1666526758

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 31,082.56
↑ 748.97 ↑ 2.47%
FTSE100$ 6,969.73↑ 25.82↑ 0.37%
Nikkei 225$27,059.64↑ 169.06↑ 0.63%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$84.63 ↓ 0.42↓ 0.49%
Crude Oil (Brent)$93.09 ↓ 0.41↓ 0.44%
Gold Spot$1,655.19↓ 2.50↓ 0.15%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
CurrencyLowestHighest
USD 1BDT 103.5700
BDT 104.7500

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<

AN IMPORTANT MESSAGE FROM

EMRANUL HUQ

MANAGING DIRECTOR & CEO OF DHAKA BANK LIMITED

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.

YOUR SAFETY MEANS EVERYTHING TO US
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.

WE WILL TAKE CARE OF YOUR BANKING NEEDS
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.

GET IN TOUCH IF YOU ARE IN EXTREME EMERGENCY
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.

WE WILL FREQUENTLY UPDATE YOU
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

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