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 25, 2022

First jet fuel plant goes into operation

Partex Petro Ltd, an oil refinery, has started production and marketing of aviation fuel, becoming the first company in Bangladesh to manufacture the finished product for the growing air transport market. Partex Group has invested Tk 1,400 crore to set up the facility, which, at its peak, will produce 14,000 barrels of petrol, octane, and diesel per day, including 2,800 barrels of jet fuel.”We are able to meet one-third of the demand for jet fuel in the country and save $300 million in foreign currencies,” said Rubel Aziz, managing director of Partex Group.Bangladesh needs more than 9,000 barrels of jet fuel a day.According to Aziz, PartexPetro’s value addition is around $50 per barrel as it imports base oil.”If the government imports finished oil, it has to spend $159 per barrel. We are helping the government mitigate the dollar crisis.”Partex Petro, which started commercial production in May, delivered its first consignment of jet fuel of 10 lakh litres to Padma Oil on October 22.

Source: https://www.thedailystar.net/business/economy/news/first-jet-fuel-plant-goes-operation-3151516

Sugar supply to improve within days

As sugar has become both scarce and expensive in local market in recent days, the central bank and the consumer rights protection agency on Sunday assured the citizens of adequate availability of the item within a short time.The essential commodity manufacturing and refining units would get adequate gas supply. That is how the short supply of sugar and other essential commodities in the market would be resolved, said DNCRP Director General (DG) A H M Shafiquzzaman.The Directorate of National Consumer Rights Protection (DNCRP) chief said traders would get as much sugar as they need within a few days, as refiners would be able to refine the item at their targeted quantity.He was speaking in a discussion on sugar market situation with the leaders of Karwan Bazar retail and wholesale traders in the capital on Sunday, organised jointly by the DNCRP and the associations concerned.Another meeting was organised by the Moulvibazar Wholesaler Merchants Association at its office in the city, where the DNCRP head also spoke.

Source: https://thefinancialexpress.com.bd/trade/sugar-supply-to-improve-within-days-1666579977

FSIBL to bring cutting-edge tech for customers

First Security Islami Bank Ltd will ensure cutting-edge technology in cloud-based banking to extend better and safer customer services along with going the extra mile for wider financial inclusion on the occasion of its 25th anniversary in 2024.Syed Waseque Md Ali, managing director of FSIBL, made the comment in a recent interview with The Daily Star. The technological development the FSIBL has achieved so far has paid off for the bank during the Covid-19 pandemic period also, he said.”To ensure health and financial safety, we took several initiatives during the Covid time and we promoted our FSIBL Cloud Apps so that our customers can do their banking activities from home effectively.”

Source: https://www.thedailystar.net/business/economy/news/fsibl-bring-cutting-edge-tech-customers-3151491

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑ 417.06 ↑ 1.34%
FTSE100$7,013.99↑ 44.26↑ 0.63%
Nikkei 225$27,313.19↑338.29↑1.25%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$84.92 ↑ 0.34↑ 0.40%
Crude Oil (Brent)$93.51 ↑0.25↑0.27%
Gold Spot$1,651.99↑2.21↑0.13%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 104.9500
BDT 104.9500

*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