State-owned commercial banks have made a proposal to the finance ministry for developing their own Core Banking Solution (CBS) software to save foreign currency as well as ensure safer banking operations.
To this end, the ministry decided to form a technical committee headed by...
IT and IT services companies in India have stepped up reskilling of employees as they race to grab business in the post-pandemic environment where clients are demanding new digital expertise. Companies such as InfosysNSE -0.66 %, WiproNSE -0.31 %, Accenture, Zensar TechnologiesNSE -0.06 %, among others, have embarked on a massive...
Finance minister AHM Mustafa Kamal has exhorted both public and private banks to use digital financial inclusion to take services to customers' doorsteps through an easy and safer mode. "I'm hopeful that like Agrani Bank, other banks will also come forward to offer digital financial services." Mr...
The ongoing coronavirus pandemic has brought about many changes to everyday life, especially the way people deal with the outside world. Those who were previously sceptical about buying products online now fully trust digital shopping platforms to honour electronic payments and deliver the goods to their doorsteps...
The VAT Intelligence Directorate of National Board of Revenue (NBR) has lodged a case against a local sales partner of Facebook for noncompliance with the VAT (value-added tax) Law. The company was charged for not paying VAT for three consecutive months, and for violating the VAT law....
Just as redeploying a fleet of small British fishing boats helped during the Battle of Dunkirk, marshalling the research equipment and expertise of the many agtech labs around the world could help combat pandemics, say the authors of a just-published article in Nature Biotechnology.
Sophisticated...
Bangladesh's financial sector will have to adopt new technologies and services in the post-Covid-19 period for the lenders to move their operations online and address the recent challenges faced by the industry, speakers said at a webinar yesterday. The coronavirus could be a boon for digital financial...
Kakoly Russell Talokder, a small entrepreneur selling Jamdani sarees on her Facebook page Kakoly’s Attire, has experienced a huge jump in her business since joining the online Women and e-Commerce forum (WE) late last year. “I started an online business early last year but did not get...
The National Board of Revenue has decided to provide manual business identification number (BIN) to global technology giants, including Google, Facebook and Youtube, as its online system is yet to be ready to issue e-BIN to foreign entities without any office in Bangladesh. The decision came after...