E-Finance


‘Mobile Recharge’ Replaces ‘Buy Airtime’ in bKash

September 15 2018 | TW News Correspondent

bKash as a means of money transaction system in safer and easier way has already gained much popularity across the country. The mobile balance recharge service of bKash called ‘Buy Airtime’ is going to be changed with the name ‘Mobile Recharge’.

As per source, bKash Authority is going to introduce...
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Indian-Bangladeshi Entrepreneurs Tensed for Foreign Investments in E-Commerce

September 11 2018 | TW News Correspondent

Due to the foreign investments in Indian-Bangladeshi e-commerce sector, local entrepreneurs are now looking for a way for survival. Indian entrepreneurs already called for business strike for their survival. Small entrepreneurs of e-commerce sector declared to keep their shops’ ‘Shutter’ closed.

On the other hand...
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Amazon in Trillion-Club after Apple

September 06 2018 | TW News Correspondent

E-commerce service provider Amazon as the second organization from USA has got to the milestone of $1 trillion stock market value on September 5. Last month, Apple touched the same milestone as the first US based tech product manufacturing organization.

The financial value of Amazon is equivalent to around taka 84 lakh crore which is almost equal to the budget of above 20 fiscal years in Bangladesh.

...
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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...
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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 for...
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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 office of City Bank in Gulshan, Dhaka.

Sohel R K Hussain said- We being committed to provide the best services to our clients have introduced the digital supply chain and distrib...
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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. Considering the difference between the number of Mobile banking and Electronic Payment users, it is clearly seen that there are lots of opportun...
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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 bKash on July 9 at a local hotel in Dhaka.

In the inauguration ceremony, Mustafa Jabbar said- Government is giving their best effort to establish a ‘Cashless Society’ introducing digital payment system in every se...
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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 handset assembling was declined to 5%.

Finance Minister Abul Maal Abdul Muhith placed this amended proposal during delivering his closing speech on budg...
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