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

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash September 27, 2022

Liberal trade could boost Bangladesh’s GDP by 14.8%: World Bank study

Unilateral trade and investment liberalisation could boost Bangladesh’s GDP, investment, and exports by 14.8%, 20%, and 63.2%, respectively, according to a World Bank study. Such unilateral reforms will help Bangladesh reduce trade costs and access to cheaper and better-quality imported inputs to boost domestic firms’ competitiveness and output, it says, pointing out that Bangladesh’s trade competitiveness is eroding mainly due to lack of lower export base.For greater market access for exports, Bangladesh needs to explore deeper and comprehensive trade integration within the region and beyond, suggests the report “Bangladesh- Country Economic Memorandum: Change of fabric,” which was disclosed on the bank’s website on Friday.

Source: https://www.tbsnews.net/economy/liberal-trade-could-boost-bangladeshs-gdp-148-world-bank-study-503782

Dhaka Bank, VISA launch card for students

Dhaka Bank in association with VISA recently launched a prepaid card product called Aspire Student Prepaid Card.EmranulHuq, managing director of Dhaka Bank Ltd, and Prof Niaz Ahmed Khan, pro-vice chancellor of Independent University Bangladesh (IUB), launched the card on the university premises in Dhaka, a press release said.Students will be able to use the card at any Dhaka Bank or visa equipped ATM, POS and e-Commerce sites.For foreign travel and transactions, the students can endorse their passport against the card and make foreign transactions at ease.Md Mostaque Ahmed, deputy managing director of the bank, and HM MostafizurRahaman, executive vice-president, were present.

Source: https://www.thedailystar.net/business/economy/news/dhaka-bank-visa-launch-card-students-3129001

Kadir re-elected as SBAC Bank chairman

Abdul KadirMolla has been re-elected chairman of South Bangla Agriculture and Commerce Bank for the second term with effect from September 26.Industrialist Molla is the founding director of the bank and chairman of Majid Molla Foundation and Thermex Group Ltd, an industrial company in the apparel and textile sector, a press release said.He established KadirMolla City College, NKM High School and Homs, Abdul KadirMolla International School and PachKandi Degree College as part of social responsibility under Majid Molla foundation.

Source: https://www.thedailystar.net/business/economy/news/kadir-re-elected-sbac-bank-chairman-3129031

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 29,260.81
↓ 329.60↓ 1.11%
FTSE100$7,020.95↑ 2.35↑ 0.03%
Nikkei 225$26,587.17↑ 155.62↑ 0.59%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$77.19 ↑ 0.48↑ 0.63%
Crude Oil (Brent)$84.53 ↑ 0.47↑ 0.56%
Gold Spot$1,631.61 ↑ 9.25↑ 0.57%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 105.3500

*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