E-Finance


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 regarding credit card users’ age issue through a communiqué.

Previously, anyone of 16 to 18 years of age could u...
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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 channel and transaction for maximum $5000 will be possible through a single order.

As per...
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15% VAT on Mobile Handset Assembling

June 09 2018 | TW News Correspondent

15% VAT has to be paid on mobile handsets assembling in the country which may bankrupt the investors of this recent uprising sector in the country, as the entrepreneurs think. According to them, due to this VAT, tax imposed on mobile handsets assembled in the country is more than the tax imposed on...
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Tax to be Imposed on e-Commerce and Virtual Businesses

June 07 2018 | TW News Correspondent

Different online based businesses are rapidly growing in the country. Government now intends to impose tax on such kind of business. In the budget session of the current fiscal year, Honorable Finance Minister Abul Maal Abdul Muhith has proposed to impose tax on virtual businesses.  

Minister said- Utilizing internet or social media,...
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Mobile Banking Getting More Popular than Online

May 31 2018 | TW News Correspondent

Mobile banking service is getting popular rapidly throughout the world. During last five years, usage of banking apps got increased 34 lakh per year on an average. As per a report of financing service research institution ‘CSI’, last year around 20 million 20 lakh users across the world made money transactions and deposited their money through installing bankin...
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bKash to Charge Less over Transactions in App

May 17 2018 | TW News Correspondent

bKash has reduced taka 3.50 as cash out charge through mobile apps. Now it has been fixed taka 15.00. Besides, bKash has also withdrawn the charge in regard of sending money to personal numbers. The bKash app was launched officially at a local hotel on May 15. CEO of bKash Mr. Kamal Quadir was present in the app launching ceremony.

Kamal Quadir said- Fa...
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Special Offer of International Brand ‘BIC’ in bagdoom.com

April 21 2018 | Bony Hamza

A Memorandum of Understanding (MoU) has been signed between ‘bagdoom.com’, country’s one of the top lifestyle e-commerce platforms and ‘M&U Distribution Limited’, the Bangladeshi distributor of world famous shaving products and lighter manufacturer ‘BIC’.

BIC is a private owned company listed in Paris Stock Exchange. As per the agreement, subscribers can purchase BIC products in b...
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Celebration of ‘e-Commerce Day’ and ‘e-Commerce Week’

April 08 2018 | TW News Correspondent

Aiming to progress the development in e-commerce sector of Bangladesh, like every year, ‘e-Commerce Day’ was celebrated on the eve of Pahela Baishahkh (Bangla News Year) on April 7, 2018 presented by SSL Commerz. The program was jointly organized by e-Commerce Association of Bangladesh (eCa...
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Attractive Offers at ‘Daraz Boishakhi Fair’

April 03 2018 | Bony Hamza

Once again ‘Daraz Boishakhi Fair’ kicked off for the third time along with different attractive offers. All the desiring products will be available at this online fair on 77% discount up to April 14. Special Flash Sale is also available in the fair like previous times. Total 11 Flash Sales will be offered throughout the campaign.

Besides, consum...
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