Despite growing domestic demands, assembled and manufactured smartphones are expected to become cheaper this year, thanks to increasing investments by local and foreign companies to set up plants to manufacture smartphone in the country and a duty structure designed by the government to discourage imports. Approximately, 75 lakh units of smartphones
News & Events
BB RAISES FARM LOAN DISBURSEMENT TARGET BY 10.66PC
Bangladesh Bank (BB) has raised the agriculture and rural loan disbursement target by 10.66 per cent to Tk 24,124 crore for the current 2019-20 financial year (FY20). Deputy Governor of the central bank SM Moniruzzaman announced the target yesterday while rolling out the agriculture and rural credit policy for the FY20
Those involved in bank irregularities won’t be spared: Finance Minister
More Investment Needs for Youth Development
The experts attended at a seminar urged the private sector to come up with funds for research and innovation, which will help the country to utilize demographic dividend A seminar held on “Realizing the Demographic Dividend: Investment on Young People: Reflection on National Budget 2019-20” organised by the South Asian Network
DIGITAL ENTREPRENEURS TO GET UP TO TK 84 LAKH INVESTMENT
Robi has launched its flagship digital entrepreneurship platform, r-ventures 2.0, for every aspiring digital entrepreneurs of the country. Any individual or a group of individuals with a viable digital business idea can submit their ideas and get the opportunity to securing funding of up to Tk 84 lakhs for each
Magnus Corporation Inks a Strategic Partnership with CustomerXPs
Technology solutions and services leader Magnus Corporation Ltd. recently announced that it has inked a strategic partnership with CustomerXPs for taking their acclaimed real-time EFCRM product to Bangladeshi banks. The companies will work together on providing banks with extreme real-time intelligence for preventing fraud and money laundering attempts. This announcement comes
BIPD Organizes a Day Long Workshop on Cyber Risk and Tech Innovations
Organized by Bangladesh Institute for Professional Development (BIPD) a daylong workshop on "Management of Cyber Risk and Technological Innovations in the Financial Sector-Challenges and Opportunities" held at NSC Building, Dhaka on July 29. On this very day, about forty senior officials from different insurance, banks, NGOs and various financial institutions participated
Hotel Sarina Dhaka Celebrates 16 years Milestone Anniversary
Hotel Sarina Dhaka celebrates its 16 year anniversary on July 17 this year amid a mind-blowing gathering. Sarina was created with the vision to build an artistic and classic luxury hotel in our country. Under the leadership of tremendous team, Hotel Sarina is serving ultimate service in our hospitality industry. In this occasion
Google Maps Includes New Features
Google has launched several new features to Google Maps for the convenience of the people of Bangladesh at a launching event today at Lakeshore Hotel, Gulshan. Zunaid Ahmed Palak, State Minister for ICT Division attended the event as the Chief Guest. Krish Vitaldevara, Director Product Management, Google Maps; Anal Ghosh, Senior
MTB Establishes Children’s Rights To Education Supported By Jaago Foundation
Mutual Trust Bank Limited (MTB) and Jaago Foundation recently signed a Memorandum of Understanding (MoU) to bear the expenses for education of destitute children studying in the schools run and supervised by Jaago Foundation. Karvi Rakshand, Executive Director, Jaago Foundation and Azam Khan, Group Chief Communications Officer, MTB signed the MoU
