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

Important Business News Extracts December 22, 2019

Change-makers receive AAA awards

American Alumni Association (AAA) recognized individuals for their outstanding contributions towards growth of Bangladesh. AAA arranged the award giving ceremony for the recognition recently. Winners received the awards in several categories like Education, Service to Society, Business Innovation, Public Affairs, Science and Technology, Arts, Culture and sports and AAA Life Time Achievement Award. AAA, consisting of more than 650 esteemed Members, is a not-for-profit Association of graduates of American colleges and universities who are contributing greatly to the development of the Country as active citizens, either from abroad or locally. The Mission of AAA is to promote fellowship among American graduates; to assist Members to develop careers that use their abilities and education; and to maintain a database of skills that can be shared with domestic and international users. AAA also helps Members find and develop careers that best utilize their abilities and education. AAA assists visiting representatives of American colleges and universities in research and networking. It also encourages and provides counseling services to Bangladeshi students to explore the possibility of study in USA.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/change-makers-receive-aaa-awards-1576941733

Addressing RMG sector’s issues

Experts at a discussion have recommended allowing foreign direct investment in the garment sector, devaluation of local currency against US dollar and restructuring of the government incentives to help the sector cope with the existing problems. These steps would also help diversify both markets and products. According to the BGMEA data presented at the meeting, some 73 per cent of the country’s total readymade garment exports ($34.13 billion) are concentrated on only five items; prices of 83 per cent of exports range up to $15 per kg and 74.14 per cent of the exports are cotton based. The data also show that about 83.34 per cent of the total RMG exports go to European Union and North America. Policy Research Institute of Bangladesh (PRI) Chairman Dr Zaidi Sattar said allowing foreign direct investment in the sector would help product diversification within the industry. Incentives should be given to the targeted groups such as entrepreneurs who are producing value-added or upgraded items, managing waste efficiently and exporting items to markets other than traditional US, EU and Canadian markets.

Source: https://today.thefinancialexpress.com.bd/trade-market/addressing-rmg-sectors-problems-1576942808

NRB Bank’s chairman receives CIP award from PM

Prime Minister Sheikh Hasina handed over CIP award to Mr. Mohammed Mahtabur Rahman, Chairman & Managing Director of Al Haramain Perfumes Group of Companies, UAE and Chairman of NRB Bank Limited, for his outstanding contributions to the country’s economy at a function held at BICC, Dhaka recently. Mr. Rahman has clinched the title of the Highest Remittance Sender among the remitters through proper channel for the year 2017 in the NRB Category.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/nrb-banks-chairman-receives-cip-award-from-pm-1576939815

REHAB fair begins in city Tuesday

A five-day ‘REHAB Winter Fair 2019’ will kick off at the city’s Bangabandhu International Conference Centre (BICC) on Tuesday to promote the country’s real estate sector. After 2013 edition of the event, record 230 stalls are taking part in the fair, where different real estate companies will provide the visitors with information on their projects and sell properties. Besides, a good number of construction materials-related business and financial institutions will participate at the fair to promote their products and services related to the housing sector.

Source: https://today.thefinancialexpress.com.bd/trade-market/rehab-fair-begins-in-city-tuesday-1576942912

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
↑ 78.13↑ 0.28%
FTSE1007,582.48↑ 8.66↑ 0.11%
Nikkei 22523,816.63↓48.22↓ 0.20%

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 60.44 ↓ 0.74↓ 1.20%
Crude Oil (Brent)$ 66.14↓ 0.40↓ 0.60%
Gold Spot$ 1,481.64↑ 2.84↑ 0.19%

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 83.2870
GBP 1BDT 108.211
EUR 1BDT 92.2111
INR 1BDT 1.16973





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