While India and China still rise to the top when it comes to luring start-up companies and their investors, some venture capitalists are beginning to scan opportunities popping in neighboring Bangladesh.
Like other parts of Asia, Bangladesh's inklings of IT and technology appeal has more to do with its longer-term potential, than the current challenges it faces as a emerging country in the vital Asian economy. Vetted out through some recent statistics, one could see why technology entrepreneurs and funders may want to start setting up shop there. One striking number is that 70% of the country's population is under the age of 35, and its mobile-first adoption approach has resulted in more than 125 million mobile subscribers and 24.5% Internet penetration, according to this GeekTime re...
A meeting on the “Role of BIAC in promotion of ADR” was held on 4th August 2015 at Pan Pacific Sonargaon Hotel. Anisul Huq MP, Minister for Law, Justice and Parliamentary Affairs was present in this interactive meeting with the business leaders and eminent jurists as the chief guest.
The meeting was presided by Chairman, BIAC Mr. Mahbubur Rahman. Welcoming the guest, Mr. Rahman observed that Bangladesh has a burdensome court litigation process that most businesses find frustrating. This is viewed as an impediment to our private sector development. A fundamental requirement for trade and investment to flourish, is quick and cost-effective methods to resolve commercial and investment disputes. Institution like Bangladesh International Arbitration Centre (BIAC) provides this ...
Auto manufacturers have shifted their priorities to not only meet emissions standards, but also to keep up with government policies to improve air quality in each country. Fuel efficient cars have not yet caught on in developing markets as fast as they have in Western markets but there is a slow, apparent change of car buyers going green globally. Carmudi analyzed millions of listings on the company’s car classifieds website, and the data shows that auto demand worldwide, including Bangladesh, are shifting towards greener rides.
Carmudi found out that in Bangladesh, gas powered car listings grew more than 75 percent this year compared to 2014. On the Carmudi platform, gas powered cars also make up 21.7 percent of all car listings in Bangladesh, where new fuel standards are set to be ...
Vada pao does not taste the same in Thailand. Mahabharat is Indonesia’s favourite TV show. Navi Mumbai has more people than New Zealand. Maggi can save your life.
Given all that it has taught him about the world in the last seven months, Rajesh Khandekar’s modest bicycle might as well have wings. Since December last year, this gearless cycle has taken this Thane-based grocery-shop owner to eleven countries across the generous streets of Asia, the empty highways of Australia and the shivering lanes of New Zealand.
On Friday, Khandekar, who left to spread a...
South Bangla Agriculture and Commerce (SBAC) Bank Ltd has launched the Foreign Remittance services of Placid Express recently. Customers can get the Instant Cash remittance services of Placid Express from 44 Branches of SBAC Bank Ltd.
Deputy Managing Director of Jamuna Bank Ltd Mr. A.K.M. Safiuddin Ahmed, Senior Executive Vice President & Head of International Division of SBAC Bank Ltd Mr. Harun Ar Rashid and Director & Chief Financial Officer of Placid Express Mr. Harun ur Rashid jointly inaugurated the remittance services.
Mr. ANM...
The half-yearly “Business Review Meeting-2015” of Shahjalal Islami Bank Limited (SJIBL) was held at its’ Head Office on 3
rd August 2015. The inaugural ceremony of the meeting was presided over by its Managing Director & CEO Mr. Farman R Chowdhury, while Mr. A. K. Azad Chairman of the Board of Directors of the bank was present as the Chief Guest.
Among others Vice-Chairman of the Board Alhaj Mohammad Younus, Managing Director Mr. Farman R Chowdhury, Additional Managing Director Mr. Masihul Huq Chowdhury and Deputy Managing Director Mr. Md. Setaur Rahman were delivered speech in the meeting.
