As the whole world collectively is trying to fight Covid-19, intense, devastating, and perhaps irreversible losses are being incurred by the small and medium business enterprises and by entrepreneurs who, for example, just got their products from the prototype stage before getting into the market. Now, as countries are competing for finding the vaccine that…
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One fine morning Dipa, a millennial living in Dhaka, woke up to a clogged toilet. After getting the toilet fixed by requesting plumbing service through Sheba.xyz (online service market) Dipa rushed to work on a Pathao (ride-sharing platform) bike. She jump started the day by ordering a coffee on Hungrynaki (online food delivery company). Later…
Bangladesh’s per capita income grew to $2,064 in the FY20, which was $1,909 in the last fiscal year. The Bangladesh Bureau of Statistic (BBS) revealed the figures as provisional data on Tuesday. Meanwhile, Gross Domestic Product (GDP) growth was recorded at 5.24% in the fiscal year 2019-20 which was 8.15%, the highest…
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 services (DFS) and although Bangladesh has already seen…
Bangladeshi entrepreneurs may be allowed to make equity investment aboard up to 25 per cent of their net annual income from exports, officials said. However, they will have to take prior permission from the government for the purpose, according to the draft ‘Capital Account Transactions (Overseas Equity Investment) Guidelines 2018’, prepared by the Bangladesh Bank.…