Winning the work order is a prestigious feat for Bangladesh, the entrepreneur said. Many Bangladeshi firms are working for foreign private companies. But the number of local firms delivering ICT products to the governments in other countries is not that much.
The national parliament of East Timor, or Timor-Leste, sought the bid for the app as part of the country s efforts to digitalise government and civic services.
Companies from many countries submitted their bids. Dream71 was selected considering its technical and financial offers, the Bangladeshi IT firm said.
The app will support three languages English, Portuguese and Tetum, the local language.
Credit card use back to pre-pandemic levels
Spending through credit cards reached the pre-pandemic levels in October in keeping with the economic recovery, a sign that clients are embracing the plastic money sidestepping the use of cash.
Total card loans held by lenders stood at Tk 1,381 crore in October, up 11 per cent from that a month earlier and 17 per cent year-on-year, showed Bangladesh Bank data.
The rise in transactions through credit cards, one of the major purchasing power indicators of clients, hints that economic activity in the country has been increasingly rebounding, said bank officials directly linked to card businesses.
Honouring Business Leaders: Persevering through the pandemic
Clockwise from top left . Abdul Muktadir, managing director of Incepta Pharmaceuticals, Rupali Chowdhury, managing director of Berger Paints Bangladesh, Abul Kashed Md Shirin, managing director of DBBL and SM Khaled, managing director of Snowtex pose for photograph after receiving the 19th Bangladesh Business Award. Photo: Star Staff Correspondent Staff Correspondent
Two individuals and two companies yesterday won the prestigious Bangladesh Business Awards for creating jobs and contributions to the society and the economy.
Rupali Chowdhury, managing director of Berger Paints Bangladesh, received the award in the Outstanding Woman in Business category at the 19th Bangladesh Business Awards, an initiative of DHL Express and The Daily Star.
Cyber threats loom as online banking gets traction
Experts tell webinar Star Business Report Star Business Report
Bangladesh s financial sector is lagging behind in terms of cyber security at a time when the ongoing coronavirus pandemic has forced a major shift to online banking, according to speakers at a webinar hosted by PwC Bangladesh.
The use of systematic risk assessments could be key to reducing cyber threats in this regard, they said, adding that it was time to go beyond reactive measures to ensure security in the financial sector.
In 2019, an estimated $11.5 billion was lost to cybercrime worldwide.
Things got even more critical amid the Covid-19 fallout, when attempts of hacking saw a 40 per cent increase, according to Hemant Arora, a partner (cyber security) at PwC Bangladesh.
Country's biggest technology expo Digital World 2020, co-organised by Bangladesh Association of Software and Information Services (BASIS) and Department of ICT (DoICT) of the Ministry of Post, Telecommunication and IT, was inaugurated by the President M Abdul Hamid on Wednesday.