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LOCAL SMARTPHONES GET A BOOST

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

Those involved in bank irregularities won’t be spared: Finance Minister

Finance Minister AHM Mustafa Kamal on July 22 reiterated that those who are involved in the banking sector irregularities would not be spared. “We’re already taking steps under the existing law of the land against those who have taken money abroad illegally in the name of export or import as well

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

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

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

TAX ON RETAINED EARNINGS OF PUBLICLY LISTED COMPANIES TO BE REVIEWED

National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan On June 18 said they would find an acceptable solution to the proposed imposition of 15 per cent tax on the retained earnings and reserves of publicly listed companies. He made the commitment after foreign investors raised concerns over the proposed fiscal

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