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 July 06, 2020

Dhaka Bank observes 25th anniversary

Dhaka Bank Limited on Sunday observed its 25 years of banking excellence in a simple way considering the current ongoing pandemic COVID-19 situation in Bangladesh. A Doa Mahfil was arranged by maintaining social distance and safe hygiene rules at proposed Head Office, Gulshan. Dhaka Bank Gulshan Corporate Branch was also inaugurated on the occasion. Apart from them, former directors Mr. Khandaker Mohammad Shahjahan; Mr. Emranul Huq, Managing Director & CEO of the Bank with minimum number of employees were also present at the program. The Chairman of the Bank in his speech conveyed homage to the Father of the Nation Bangabondhu Sheikh Mujibur Rahman in his Centenary Birthday. He also discussed on different issues of Bangladesh economy and the Bank.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/dhaka-bank-observes-25th-anniversary-1593973182

Another Indo-Bangla river trade route to start in three months

Construction of a floating jetty at Sonamura in Indian state of Tripura was completed in just three weeks, according to reports by India-based web portals. According to officials, the construction of the makeshift jetty was done on war footing. It is a floating jetty and around 700 plastic boxes have been used to build it. Paving the way for small vessels to ply between Sonamura and Daudkandi of Bangladesh, the jetty is expected to put Sonamura on the map for Indo-Bangladesh Protocol Route. With 54 shared rivers India and Bangladesh have significant possibilities to harness the trade and economic benefits of inland waterways. The extension of the routes and new ports should open up the waterways to smaller traders bringing agricultural goods and other materials between Bangladesh and India’s landlocked northeastern states. Cross border river trade between the two countries is governed by the PIWTT, first signed in 1972. The subsequent addendums in 2018 and 2020 have included new ports of call and routes. During 2018-2019 India exported about 2.4 million tonnes of cargo to Bangladesh through Protocol Routes. Out of this, 97 per cent comprises fly ash – toxic residue left over from burning coal – and the rest included steel cargo, steel coil/rail and stone chips.

Source: https://today.thefinancialexpress.com.bd/trade-market/another-indo-bangla-river-trade-route-to-start-in-three-months-1593973940

Trade resumes through Benapole port

India finally agreed to accept Bangladeshi export goods and as a result the import-export trade resumed through Benapole port at 7 pm on Sunday. After a fruitful meeting of the customs, ports and trade associations of the two countries in the afternoon, the import-export trade started in full swing. Five truckloads of goods have been exported from Bangladesh to India and another five truck loads of goods have been imported from India to Bangladesh. As a result, the port returned to normal as before. Five organisations using Benapole port had been blocking the entry of Indian imported goods into Bangladesh since last Wednesday in protest against not allowing Bangladeshi export goods to enter India.

Source: https://today.thefinancialexpress.com.bd/trade-market/trade-resumes-through-benapole-port-1593973995

BD plans to revive jute sector under PPP

The government’s plans to revitalise the flagging jute sector through public-private partnerships have been met with scepticism from stakeholders in the industry, reports bdnews24.com. It came after the government announced the decision to shut production at all state-owned jute mills and transition to the PPP model in a bid to modernise the sector. However, many exporters and traders believe the industry’s fortunes could have been turned around without closing the mills down. Others said the plans to run the mills under PPPs are unlikely to be successful in the current climate. The government can modernise the state-owned jute mills without bringing them under the purview of PPP, according to Abdul Barik Khan, secretary-general of Bangladesh Jute Mills Association. .

Source: https://today.thefinancialexpress.com.bd/trade-market/bd-plans-to-revive-jute-sector-under-ppp-1593973971

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DSEX3,981.52236↑ 5.21↑ 0.013
DJIA$ 25,827.36
↑ 92.39↑ 0.36 %
FTSE100$ 6,157.30↓83.06↓1.33%
Nikkei 225$ 22,689.91↑ 383.43↑ 1.72 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 40.46 ↓ 0.19↓ 0.47 %
Crude Oil (Brent)$ 43.04↑ 0.24↑ 0.56 %
Gold Spot$ 1,772.86↑ 0.81↑ 0.05 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 83.2852
GBP 1BDT 103.891
EUR 1BDT 93.6404
INR 1BDT 1.11747





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