Browse Day

July 3, 2023

Connect Bangladesh, connect the world: Zuckerberg

Facebook founder Mark Zuckerberg thinks access to Internet can help lift up more than 10 million people in Bangladesh out of poverty. ggg-450x192Zuckerberg, in a Facebook post yesterday, said: “Research shows that for every 10 people who gain access to the internet, at least one person is lifted out of poverty. This is because the internet brings access to jobs, education and health information, and valuable communication tools.” Internet.org is a non-profit platform of Facebook and allows free online browsing through mobile gadgets....

ECNEC approves Tk 6.6b submarine cable project

The Executive Committee of the National Economic Council (ECNEC) approved the ‘Regional Submarine Telecommunication Project’ worth Tk 6.6 billion, aiming to connect Bangladesh with the 2nd submarine cable to meet the growing demand of bandwidth. acnec_1-450x225The approval came from the 27th ECNEC meeting of the current fiscal year held at the NEC conference room on Tuesday. Prime Minister Sheikh Hasina chaired the meeting in the city’s Sher-e-Bangla Nagar alongside the ECNEC chairperson, Finance Minister A...

IBBL gets two new DMDs

Abdus Sadeque Bhuiyan, Head of International Banking Wing and Md. Shamsuzzaman, Head of Information & Communication Technology Wing of Islami Bank Bangladesh Limited have been promoted as Deputy Managing Directors of the Bank. IBBL logoAbdus Sadeque Bhuiyan started his career as a probationary officer of the Bank in 1984. In the long banking career he served in different capacities and worked as the Head of Development Wing, Branches Control Division, Human Resources Division and Deputy Chief Anti-Money Laundering Compliance Officer (DCAMLCO). He ...

New rules to provide welfare fund for garment workers

Following negotiations and discussions with Bangladesh’s garment workers and officials of the Bangladesh Garment Manufacturers and Exporters Association, the country’s government has finalized rules to establish a new labor welfare fund. “Garment factory owners will give 0.03 per cent of their total export earnings, which rmgwould be approximately $8 million per year, to the Bangladesh Labor Welfare Foundation, “ Shahidullah Azim, vice president of the Bangladesh Garment Manufacturers and Exporters Association, told WWD. “The money will be used for the w...

ICT industry: A boon for women’s employment

Bangladesh has made strong strides in accelerating growth over the last decades. However, the country needs to grow around 8% yearly to reach middle income status. Innovation and use of Information Communication Technology (ICT) can help end poverty and boost shared prosperity. The World Bank, in partnership with Microsoft, organized a two-day ‘Innovation for Impact” workshop to support local ict women 2Non-Government Organizations (NGOs) in integrating ICT into their work, which in turn would help these NGOs create jobs, especially for wo...

Taiwan delegates visit Appollo Ispat factory

Chien-Nan Kuo, Taiwan trade mission chief and owner and CEO of Yu Tong Steel Company Limited visited the factory of Appollo Ispat Complex Limited at Shimrail, Sidhirganj in Narayanganj on Tuesday. IMG_6188A delegation comprising representatives of Taiwanese companies is now visiting Bangladesh as part of trade exhibitions styled ‘2015 Taiwan Trade Mission’ being held in Asian countries from May 9-20. The Taiwan Trade Development Council on behalf of Taiwan External Affairs organised the fair. A delegation took part at the exhibition hel...
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