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, 2023

Payra port’s first terminal likely to open by October

The Payra sea port’s first terminal is expected to be up and running by October, facilitating transport of goods from mother vessels and speeding up operations in the country’s third major seaport. The terminal, built on the banks of the Rabnabad channel, will have the capacity to simultaneously load three 200-metre-long mother vessels. The 650-metre main terminal will have a 3.25 lakh square metre backup yard and a 10,000 square metre container freight station facility. Two more terminals are also under construction. With Belgian company Jan De Nul completing capital dredging on the country’s deepest channel in March this year, mother vessels began using the jetty at the Payra thermal power plant adjacent to the Payra port. Another 1.12km bridge is also being constructed over the Andharmanik river, Rahman said, adding that work on a six-lane 6.35-km road was also proceeding rapidly. Till August, Payra Port Authority earned Tk 913.19 crore in revenues from 339 foreign commercial ships and 1,459 domestic lighterage vessels using the port’s under-construction facilities.

Source: https://www.thedailystar.net/business/economy/industries/ports-and-shipping/news/payra-ports-first-terminal-likely-open-october-3416496

Bangladesh’s RMG export potential to EU $60b by 2030

In FY23, Bangladesh’s exports to the world market were more than $55 billion, where RMG’s share was $47 billion and non-RMG’s share was $8.5 billion. Bangladesh has the potential to increase its export earnings to $22.5 billion from major non-RMG products to the European Union by enhancing its supply-side capacity, suggests a study. Additionally, earnings from ready-made garment exports could rise up to $60 billion to the EU market through the diversification of garment items, according to the study of the Research and Policy Integration for Development Bangladesh (RAPID). In FY23, Bangladesh’s exports to the world market were more than $55 billion, where RMG’s share was $47 billion and non-RMG’s share was $8.5 billion. Currently, Bangladesh exports more than 400 types of products to around 200 countries. The estimations indicate that the top 45 major products have the potential to range from $8.5 billion to $22.5 billion in the EU market.

Source: https://www.tbsnews.net/economy/rmg/bangladeshs-rmg-export-potential-eu-60b-2030-698818

BRAC Bank launched first female-only scholarship – ‘Aporajeyo TARA’

BRAC Bank has launched the first female-only scholarship – ‘Aporajeyo TARA’ – for students of Dhaka University and BRAC University. The inaugural ceremony of ‘Aporajeyo TARA’ for the students of Dhaka University was held at the Faculty of Business Studies on Sunday. Fatima Yasmin, senior secretary at the Ministry of Finance, attended the ceremony as the chief guest. Prof Dr Md Akhtaruzzaman, vice chancellor, University of Dhaka; Selim RF Hussain, managing director and CEO, BRAC Bank; Dr Muhammad Abdul Moyeen, dean, Faculty of Business Studies, University of Dhaka; were present.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/brac-bank-launched-first-female-only-scholarship-aporajeyo-tara-1694453907

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 34,663.72
↑ 87.13↑ 0.25 %
FTSE100$ 7,496.87↑ 18.68↑ 0.25 %
Nikkei 225$ 32,715.10↑ 247.34↑ 0.76 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 87.71 ↑ 0.42↑ 0.48 %
Crude Oil (Brent)$ 91.00 ↑ 0.36↑ 0.24 %
Gold Spot$ 1,923.32↓ 4.24↓ 0.22 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 110.0000
BDT 110.0000

*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