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Truck Lagbe gets $1 million

Truck Lagbe, an online platform connecting truck owners/drivers and shippers, has snagged $1 million investment in a pre-Series A funding round. With new funds, the company plans to launch new products, onboard more truck drivers and expand its operations to several new locations. Previously, the company also raised an undisclosed amount of seed funding three months ago.
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Bangladesh Bank at risk of cyber attack

Bangladesh Bank's central server seems to be at high risk of hacker intrusion and stealing money by placing fraudulent orders as hackers have reportedly installed malware there. The intrusion is not uncommon to us as hackers have penetrated the server before and stole $101 million of Bangladesh Bank that was deposited in New York Fed account in 2016. In March, the Bangladesh
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Export earnings reach 1.12 billion from Canada

Bangladesh exported products worth $1.118 billion to Canada and imported $498.16 million from there in fiscal year 2017-18 (FY18). Commerce Minister Tipu Munshi made the disclosure while High Commissioner of Canada to Bangladesh Benoit Prefontaine called on him at the secretariat in the city on Monday. The minister laid emphasis on forming a forum to expand trade and investment and
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Stock Market shows year low rates

Stock market has not seen any development in the last 4 months as investors have lost confidence in the market due to rumors surrounding investors' getting individual TIN number and liquidity crunch in the market. The benchmark index of Dhaka Stock Exchange, DSEX shows a decline of 1.07% last day. In the last four trading days, the index lost around
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Hi-tech-parks

28 hi-tech parks to create 3lac jobs

Posts, Telecommunications and ICT Minister Mustafa Jabbar declared last Saturday that 28 hi-tech parks are now being constructed outside Dhaka which is likely to create over 3,00,000 jobs in Bangladesh for the youth. He also believes that Bangabandhu Sheikh Mujib Hi-Tech Park, Rajshahi will be a milestone reaching towards Digital Bangladesh as it will create 14,000 new jobs.
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“female entrepreneurs need policy support and more budgetary allocation”

On 30th March, 2019, Women Entrepreneurs' Association, the oldest platform of women for business in Bangladesh, celebrated its silver jubilee at Gulshan Club, Dhaka. Chief guest, Mr. Atiqul Islam, Mayor of Dhaka North City Corporation emphasized on the fact that women contributed a lot in the sector of apparel exports of Bangladesh but people are still unaware of their contribution.
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deligram

Deligram snags $2 million in Series A

Launching in 2017, Deligram is an innovative ecommerce platform that uses a unique omni-channel ecommerce model. Deligram serves customers through their app or web platform from where customers can order products from a selection of 15,000 and the product will be delivered to them in 24-96 hours. Customers can also pick up their ordered products from any "DGAgents" and skip
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Defaulters see another hope for paying off debts

In a meeting chaired by Finance Minister AHM Mustafa Kamal with heads of all concerned regulatory authorities present, the decision was taken to provide defaulters with another lifeline. Defaulters will now be allowed to reschedule their loans for 12 years after finishing 2% down payment under a special package. Currently, defaulters are allowed to reschedule their loans at most for
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