Zunaid Ahmed Palak/Photo: Collected State Minister for Information and Communication Technology (ICT) Division Zunaid Ahmed Palak recently said it is impossible to increase economic growth without the use of technology and so the government has taken initiatives to teach information technology including coding in schools to create skilled human resources. He
Month: October 2020
Pizza Express to cut 1300 jobs in UK
Representative Image. Photo: Reuters/Hannah McKay UK's restaurant chain Pizza Express announced on October 29 that it is planning to cut 1,300 jobs as the UK hospitality sector is hit by regional lockdowns to contain a second coronavirus wave. It is on top of 1,100 layoffs the company announced in August alongside
China manufacturing growth eases in October but remains strong
BEIJING (AFP) Representative Image. Credit: Reuters Photo Factory activity in China dipped slightly in October, according to official data published Saturday, but remained in growth territory as the world’s second-largest economy continued its recovery after being hammered by the coronavirus. The closely watched Purchasing Managers’ Index (PMI) is a key gauge of
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Coronavirus (Covid19) and the Banking Industry: Impact and Solutions
Leor Melamedov Photo: Collected Banks certainly have their hands full in light of the novel coronavirus outbreak (COVID-19). Borrowers and businesses face job losses, slowed sales, and declining profits as the virus continues to spread around the world. Banking customers are likely to start seeking financial relief, and federal bank regulators in the U.S. are encouraging banks to
DCCI inks MoU with Bangladesh University of Professionals
BSS Dhaka Chamber of Commerce and Industry (DCCI) today signed a Memorandum of Understanding (MoU) with Bangladesh University of Professionals (BUP) on varsity campus at Mirpur Cantonment in the city. DCCI President Shams Mahmud and BUP Vice-Chancellor Major General Ataul Hakim Sarwar Hasan signed the MoU on behalf of their respective
Special wing needs to be built for housing project
Md. Shadi-uz-Zaman, Managing Director of Notundhora Assets Limited believes to have a special wing for housing project for further development in real estate and housing business. More than 30 lakh workers are directly involved in real estate and housing sector. Everything like furniture, lands, and apartments’ interior designs is connected all along
Toyota’s highly modern crossover to be available in Bangladesh
Unveiled in Thailand, the Corolla Cross will be available through Navana Toyota in Bangladesh If the contemporary consumer looks for ergonomics and sophisticated efficiency in a new car, then Toyota's new crossover SUV certainly looks the part. Launched earlier this year based on the Toyota New Global Architecture (TNGA) platform, which allows for more
ECB official urges ‘bad bank’ as toxic loans rise
FRANKFURT AM MAIN (AFP) Image: Collected The European Central Bank’s supervisory chief on Tuesday urged the creation of EU-wide “bad bank” to ring-fence toxic loans that threaten to explode in the wake of the coronavirus pandemic. In an opinion piece for the Financial Times, Andrea Enria said in a “severe but
‘Innovative mettle can help us survive the chaos caused by current pandemic’
An interview with Kausar Zaman Bappi, Managing Director, ABS Group. With entrepreneurial spirit cherished in heart, Kausar Zaman is pretty fond of taking risks and created his own venture ABS Cables Ltd. sensing the increased demand of the optical fiber industry following the government’s initiative to pursue Vision 2021. Prior