The government will form a virtual platform involving 78 foreign missions and other officials concerned to help attract more foreign direct investment (FDI), Foreign Minister AK Abdul Momen said yesterday. Like China and India, the two neighbouring economic giants, Bangladesh has also become a...
The current coronavirus pandemic has created giant seismic shifts in our day-to-day living and has presented us with a new set of challenges. As the pandemic rages on putting us in a quagmire, we have gradually seen technology playing an essential role during the crisis enabling greater...
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), is going to launch "FBCCI Technology Center" (Tech C) to boost cottage, micro, small and medium enterprises (CMSMEs) and startups. The country's apex trade body wants to do this by leveraging tech innovations that drive...
The pace at which the world is changing can be unsettling and casts uncertainty about the future. Cybersecurity concerns are reaching unprecedented levels, and no country and no industry is untouched. According to one estimate, cybercrime could cost the world more than 10 trillion USD...
The Business-to-Business (B2B) digital marketplace can play a crucial role in developing the cross-border connectivity among Commonwealth countries, said experts on Monday. They recommended resolving tariff and non-tariff barriers among the member countries to cash in on the B2B marketplace. Trade with the help of technologies will...
The government has alerted banks about the threat of a cyberattack, instructing them to put in place precautionary measures to prevent hackers from stealing money. The financial institutions division of the finance ministry had sent a letter to banks on Thursday asking them to take necessary measures,...
American multinational technology conglomerate Cisco on Tuesday unveiled its "Resilient Distributed Enterprise" portfolio in the country, with which the company will double down on its partner engagements and help firms empower their businesses. This is an extension of Cisco’s ongoing initiatives to bolster the country’s digital foundation and...
In recent years, Bangladesh has been accredited with one of the emerging IT outsourcing and software exporting countries in South Asia. The IT sector has been continuously contributing to the country's gross domestic product (GDP) that resulted in the steady growth of the economy. Comparing Bangladesh IT...
Manisha Bosh was a schoolteacher, and the pandemic-led closure of educational institutions in March halted her income. Then she opened Padmalaya BD, a shop, and started selling Manipuri saris online. Manisha has been able to retain her financial solvency through the digital business of womenswear.
In Asia and the Pacific government and private companies are using digital platforms to address the pandemic. They should also use them to speed their economies into recovery.  Digital platforms – such as Apple, Google, Microsoft, Facebook, Amazon, Alibaba and Tencent – are transforming...