Remembering the startups we lost in 2023

December 31 2023 | TW News Correspondent

Not every startup collapse is an FTX or Theranos. They don’t all burn so brightly and explode so spectacularly. More often than not, there won’t be some high-profile court case and prison time. Amanda Seyfried isn’t going to play you in the made for Hulu movie.

The story of most startup failures is far less exciting. The timing isn’t right, funding dries up,...

bKash wins ‘Mastercard Excellence Awards’ in Digital Business

December 02 2023 | TW News Correspondent

Dhaka, 02 December 2023: bKash, the country’s largest mobile financial services (MFS) provider, has won the ‘Excellence in Mastercard Digital Business 2022-23’ award for its contribution to improving the living standard of people and the economy through the innovative ‘Add Money’ service. By using this service, customers can add money from their card to bKash 24/7 from anywhere as per their need....

What is TakaPay card and how does it work?

November 07 2023 | TW News Correspondent

TakaPay is Bangladesh's inaugural local currency card, recently unveiled by Prime Minister Sheikh Hasina. But what exactly is TakaPay? Let's explore this payment system and its potential benefits, including the card's practical aspects and an overview of what it is...

FBCCI and BMCCI will work together to Facilitate Skilled Manpower Export to Malaysia

September 20 2023 | TW News Correspondent

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Bangladesh-Malaysia Chamber of Commerce (#BMCCI) have joined forces to facilitate the export of skilled manpower to Malaysia, a significant labor market for Bangladesh.

The FBCCI President Mr. Mahbubul Alam...

Women entrepreneurs can take loans by showing women as guarantors

September 19 2023 | TW News Correspondent

In taking loans from banks, women entrepreneurs can take loans by showing not only men but also women as guarantors. Bangladesh Bank has assured to take steps to ensure access to loans on easy terms for small and medium women entrepreneurs in the country.

A delegation of the Federation of Bangladesh Chambers of Commerce and Indust...

EBL launches wearable payment solutions in Bangladesh

September 14 2023 | TW News Correspondent

Eastern Bank Limited (EBL), in collaboration with Mastercard and Visa, has launched Bangladesh's first wearable payment devices, branded as 'WEAREBL'. The devices were officially announced on Monday and according to the bank, 'first of its kind' 'in the country.

The bank has been teasing about their new payment solution for a week in the social media for a few weeks but...

National phase of Al Arafah Islami Bank 9th BJSO ended

September 09 2023 | TW News Correspondent

The national phase of Al Arafah Islami Bank 9th Bangladesh Junior Science Olympiad-BJSO was held at the science and technology complex located in Agargaon, Dhaka. 

All th...

AB Bank holds training for women entrepreneurs

September 04 2023 | TW News Correspondent

AB Bank Ltd organised a daylong skills development training for women entrepreneurs at Chittagong Club. 

ABM Zahurul Huda, executive director of Bangladesh Bank's Chattogram office, inaugurated the programme as chief guest, handed over certificates and disbursed loans, said a press release.

Iftekhar Enam Awal, head of corporate and SME of the bank, presided over the programme, where Tarique Afzal, president and m...

Nagad sends 200 distributors to perform Umrah as a performance award

September 03 2023 | TW News Correspondent

Like every year, Nagad, a major Mobile Financial Service arranged the Distributors Meet 2023 in a grand manner. The Managing Director of Nagad, Tanveer A Mishuk, ha...