With the help of Federal Reserve Bank of New York, Bangladesh on February 1 launched a legal battle to recover the full amount stolen from its central bank's reserve in what is known as the biggest cyber heist in the history. The move came nearly three years after hackers stole
Author: Faisal Mahmud
IT TRAINING FOR HIJRAS: HOW EFFECTIVE WILL IT BE?
On Dhaka’s roads, hijras, including transgender and intersex people, are hard to miss. Dressed in glittering saris, their faces heavily coated with cheap makeup, they sashay through crowded intersections, knocking on car windows with the edge of a coin and offering their blessings. They crash fancy weddings and birth ceremonies, singing
‘Never invest more than you can afford’
Ride-sharing apps: Another rent-a-car service?
Global ride sharing giant Uber had celebrated its two year anniversary in Bangladesh in the last month. Uber has logged a meteoric rise in these two years and it has shown other local entrepreneurs the way to venture into the 'ride-sharing' business. Following in its footsteps, local ride-sharing services like
That’s how you get your weather forecast…
In chapter-4 of the book ‘Three men on a boat’- Jerome K Jerome lamented about weather forecast. In his unparallel sarcastic tones, he wrote-“I do think that, of all the silly, irritating tomfoolishness by which we are plagued, this “weather-forecast” fraud is about the most aggravating. It “forecasts” precisely what happened
The way forward: rooting for our home-grown CBS
In the beginning of the last decade, banks in Bangladesh gradually started shifting from maintaining financial data in pages of manual ledgers to computer hard drives. The apparent ‘magic manager’ that helped them keeping together a mammoth and complex set of data amalgamation of banking ecosystem is the core banking
‘We have one of the youngest fleets in the world’
Biman’s headquarter—the Balaka building—would remind anyone of the bygone days. Post-and-beam structures with marble mill-decking floors; the dusty, drafty, energy-inefficient building also has lousy acoustics. Inside, on the first floor, sits a man of modern thoughts—Shakil Meraj, the General Manager (Public Relations) of Biman Bangladesh Airlines. The Fintech team recently went
Bangladesh tops list of growth rate of high net worth individuals: economists give mixed reactions
Bangladesh’s economists have welcomed the recent news of the country topping the list with the highest growth rate of the ultra rich, albeit with reservations. They pointed out that it is a “sort of good news”, interpreting it as an indicator of the country’s overall macroeconomic development. They, however, termed the growing
AIIB KEEN TO INVEST IN WATER MANAGEMENT, COMMUNICATION PROJECTS
Asian Infrastructure Investment Bank (AIIB) is interested to invest in the country’s water management and communication projects aimed at turning Bangladesh as a developed nation in the global arena. “We want to expand our investment in Bangladesh. We are looking forward to invest in municipal water supply and communication sector development,”
