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MIT’S INTERESTING PROPOSAL FOR A MORE STABLE FINANCIAL SYSTEM

On the 16th of January 2018, three diamond firms approached Punjab National Bank requesting LOUs. (Letter of Understanding is a form of bank guarantee under which its customers can raise money from any other Indian bank’s foreign branch in the form of a short-term credit). Punjab National Bank demanded 100%

EDOTCO PARTNERS GETCO TO STRENGTHEN BANGLADESH PRESENCE

Telecom network provider edotco Bangladesh (“edotco BD”), has welcomed Getco, a prominent Bangladesh-based conglomerate as a 30% shareholder and strategic partner to further enhance its efforts towards the development of telecommunications infrastructure in the country. Through its subsidiary Greencon Tower Company Limited, Getco will partner with edotco to provide next-generation infrastructure

WHAT EXACTLY IS ‘CRYPTOJACKING’, AND HOW CAN BUSINESSES RESPOND TO THE SPIRALLING CYBER THREAT

The National Cyber Security Centre (NCSC) published a report listing ‘cryptojacking’ as one of the biggest cyber threats facing UK businesses. The report warned that up to 55% of businesses globally are already affected by these types of attacks, and that this figure is set to only rise as attackers

GOVT EASES GUIDELINES FOR QUICK DISBURSEMENT OF DEV FUNDS

The government has amended the guidelines for disbursement and utilisation of budgetary allocations for the development projects aiming to speed up implementation of Annual Development Programme (ADB). Project directors of development projects will now be able to use funds for their respective development projects in line with the budgetary allocations from

BIDA TO LAUNCH ONE-STOP SERVICE FOR FACILITATING INVESTMENT

Ask an investor, or an aspiring entrepreneurs; s/he would tell you that making investment or starting a new business is no cakework in Bangladesh. The Bangladesh Investment Development Authority (BIDA) has emerged in 2016 after the Board of Investment (BoI) and the Privatization Commission were merged together to form this new

VOLT INFINITY

In the last 5 years, the number of cyclists in Dhaka has increased drastically. On January 24th, 2014 more than 1000 people woke early in the morning to celebrate bike Friday, an event organized by BDcyclist. This clearly shows an increasing interest of our people towards cycling. Instead of spending

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