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bangladesh

MasterCard, WU join bKash for cross-border money transfers

MasterCard, Western Union(WU), bKash, one of the world’s leading mobile financial service (MFS) providers and BRAC Bank launched a new, international remittance receiving service in Bangladesh on Monday (18-04-2016). The new service enables bKash’s registered customers to use their mobile phones to receive remittances from abroad directly into their bKash accounts. Bangladesh is the eighth1 largest receiver of international remittances in the world, and therefore the new service stands to improve the ease and convenience with which millions of people are able to receive money from their loved ones abroad - a vital lifeline for many families. The new service builds on the unprecedented success of bKash, which has attracted more than

Robi education platform 10 Minute School

As part of Robi’s Corporate Responsibility (CR) initiative, Robi has extended its support towards 10 Minute School – an online platform that offers comprehensive study solutions anywhere, anytime “free of cost” for JSC, SSC and HSC students, university admission seekers, and university students. www.10minuteschool.com offers admission guidance and model test options for all leading public and private universities in Bangladesh, thus reducing dependency on expensive Print un...

SIDA representative visits LoCAL projects in BD

Zahra Ayadi from SIDA visited LoCAL schemes in two drought-prone upazilas of Rajshahi District in Bangladesh. She visited a pond that was excavated for retention of surface water in the drought-prone upazila of Godagari. She talked to the community people living around the pond. They face SIDA-logodifficulties in accessing waterbodies in dry season. Additionally, over extraction of ground water during the irrigation season depletes water table in the area and dry-up surface waterbodies. Around 50 families belonging to et...

Luxury or bust for foreign automakers in Japan

Tokyo businessman Randal Furudera isn’t about to swap his German-made BMW M5 for a “boring” Japanese car, although he’ll give them some grudging respect for their ho-hum dependability. Deep-pocketed buyers like Furudera are driving sales in Japan of high-end foreign brands, which dominate the niche sector in a car market long seen as all but shuttered to overseas automakers, AFP reports. “Most Japanese cars these days are sort of becoming moving appliances,” the 54-year-old told AFP. “They’re very reliable, they’re good quality, they never break and all that, but they’re not very

Stocks close week mixed

Stock market closed week mixed when the broader price indices at the country’s twin bourses finished up, but transaction fell on cautious participation today. DSEX, the broader index of Dhaka Stock Exchange (DSE), ended flat in green at 4408.64, with the blue-chip DS30 following it to end at 1683.35. The Shariah DSES, however, closed flat in green at 1065.98, reports BSS. dseChittagong Stock Exchange (CSE) also ended the week up, with its major CSCX index finishing 13.64 points higher at 8246.60. The daily transaction declined...

Nation set to celebrate Pahela Baishakh

The nation is set to celebrate “Pahela Baishakh”, Bengali New Year, 1423 amid much enthusiasm and traditional gaiety as tens of thousands of people are expected to join the “Nabo Barsho” festivities across the country. Different socio-cultural organizations and government institutions have drawn up elaborate programmes like musical functions, colourful marches and street side Baishakhi fairs in the capital as elsewhere across the country to welcome the Bengali New Year, said a press release. However, business communities, especially in the rural areas are ready to open their traditional ‘Halkhata’, new account books to welcome the Bengali New year, reports BSS.
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