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 September 12, 2022

 BPGMEA expects 20pc yearly growth in domestic sales

X-onics Ltd, a UK-Bangladesh joint venture company, organised a free workshop for engineers and technicians on digital manufacturing and digital reverse engineering for mold, dice and spare parts in Gazipur on Saturday. X-onics, which started its operations in August 2021 with a technical collaboration with Mitsubishi Materials Corporation Hard Metal, India, is the first company in Bangladesh that provides digital manufacturing, reverse engineering and computerised simulation support in precision engineering and fast solution for spare parts, mold and pattern reproduction using sophisticated 3D scanning, printing, and CNC technologies. While virtually addressing the inaugural session of the workshop, technical consultant of the company Dr Mahbubunnabi Tamal said that plastic goods worth more than Tk 28,000 crore are sold in the local market of Bangladesh every year. To produce this amount of plastic goods, around Tk 10,000 core of injection mold is required and only 30-40 per cent of these are facilitated by local entrepreneurs, explained Dr Tamal, also an associate professor at Dammam University, KSA, and former researcher at The University of Manchester, UK. If Bangladesh can capture 1.0 per cent of the world market, it is possible to export products worth more than Tk 6,000 crore every year.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/bpgmea-expects-20pc-yearly-growth-in-domestic-sales-1662917278

80% CMSME loan disbursal target met in six months

Loan disbursement to the cottage, micro, small and medium enterprises (CMSME) sector has gained pace with improving pandemic situation as banks and non-bank financial institutions (NBFIs) have disbursed 80% of the yearly target from January to June this year. As of the end of June, Tk2.30 lakh crore has been disbursed to the CMSME sector against the yearly disbursement target of Tk2.85 lakh crore. According to the report of the central bank, most loans have been distributed to the productive and business sectors during this period. These two sectors accounted for 79% of the total disbursed loans. Apart from this, at the end of June, the default amount of loans disbursed to the total CMSME sector stood at 15.26%.

Source: https://www.tbsnews.net/economy/80-cmsme-loan-disbursal-target-met-six-months-494506

Mr. Md Zahidul Haque new MD of RAKUB

Md Zahidul Haque has joined Rajshahi Krishi Unnayan Bank (RAKUB) as its managing director. Prior to the new assignment, he was the Managing Director of Probashi Kallyan Bank. Md Zahidul Haque started his banking career as Senior Officer in Bangladesh Shilpa Bank, currently known as Bangladesh Development Bank Limited (BDBL) on January 1, 1990. He joined BHBFC as Principal Officer on November 19, 1995.

Source: https://today.thefinancialexpress.com.bd/trade-market/md-zahidul-haque-new-md-of-rakub-1662915045

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 32,151.71
FTSE100$ 7,351.07↑89.01↑1.23 %
Nikkei 225$ 28,528.90 ↑ 314.15 ↑ 1.11 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 85.32 ↓ 1.47↓ 1.69 %
Crude Oil (Brent)$ 91.48↓ 1.36↓ 1.46 %
Gold Spot$ 1,713.40↓ 3.43↓ 0.20 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 95.0000
GBP 1BDT 110.1145
EUR 1BDT 95.4085

*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