Facebook Now Up to Occupy e-Commerce Sector!

September 06 2018 | TW News Correspondent

Facebook seems to occupy every sector one after another. The social media giant is introducing different services like social media service, chatting and many more. Recently, they announced to launch a Dating App. Now, they may up to be the rival of Amazon in e-commerce sector. Very soon they are going to introduce ‘Shop Application’. Instagram under Facebook ‘s ownership is working on developing th...

100% Opportunity for Foreign Investments in Local e-Commerce Sector

September 04 2018 | TW News Correspondent

Bangladesh government is providing 100% opportunity for foreign investments in local e-commerce sector. Government is now up to withdraw the partnership bonding condition with the local companies in regard of foreign investments.

The condition was included in the recently approved ‘National Digital Commerce Policy-2018’, where it was clearly mentioned t...

City Bank Introduces Digital Supply Chain and Distributor Finance Service

August 07 2018 | TW News Correspondent

City Bank has introduced digital supply chain and distributor finance service for the corporate clients. Managing Director and CEO of City Bank Mr. Sohel R K Hussain inaugurated the service at the head offic...

Mobile Banking Progresses More than E-Payment

August 01 2018 | TW News Correspondent

Despite having sufficient development of transaction system in country’s banking channel, Mobile Banking progressed much in comparison with e-Payment system. C...

Palli Bidyut Bill Collection from bKash

July 11 2018 | TW News Correspondent

From now on, Palli Bidyut subscribers will be able to pay their bills through bKash accounts from anywhere in the country. Post, Telecommunication and ICT Minister Mustafa Jabbar inaugurated this new service of...

VAT Rate Reduced on Mobile Phone Assembling

June 28 2018 | TW News Correspondent

National Board of Revenue (NBR) issued a guideline on June 7 regarding imposing 15% VAT on mobile handsets assembling. But, later, there was an amendment introduced in the guideline and the VAT rate on mobile hand...

Mustafa Jabbar Makes 5% VAT Cut on Internet Use

June 27 2018 | TW News Correspondent

Government is to cut 5% VAT more on internet use. Therefore, among the existing 15% VAT, 10% gets exemption.

Earlier on last June 21, a decision was taken to reduce up to 5% VAT on internet use. Later, Mustafa Jabbar requested the honorable Finance Minister Abul Maal Abdul Muhith for VAT cut a little bit more. Then, as p...

Students Allowed for Credit Cards on ‘Sixteen’

June 24 2018 | TW News Correspondent

From now on, students are allowed to use credit cards on 16 years of age. But, this credit card will be provided to their guardians. They will get the additional or supplementary card. Credit card user must be student and above 16 years of age. Central Bank has introduced this amendment...

Products to be Exported in e-Commerce

June 13 2018 | TW News Correspondent

From now on, online shopping companies will get the opportunity to export their products even to the individual foreign consumers through banking channel on regular basis. In this regard, Bangladesh Bank issued a guideline on June 11 which shows that bank will work as approved dollars in this...