PayPal enters!

Sonali Bank signs MoU with PayPal
PayPal is finally coming to Bangladesh!

After holding talks with the ICT minister in July 2015, an MoU has been finalized by PayPal after sending it to them a month back.

PayPal is an electronic payment systems used on a regular basis worldwide for paying online. Businesses and shopping most of them use this system. Since Bangladesh was facing difficulty in arranging remittances to enter the country, while a vision of thriving e-commerce is dawning, the government has made it official. State-owned Sonali Bank has signed this MoU of business cooperation.

Apps and games development institutes on way

A prospect of creating 2,000 new jobs in the IT industry is being planned with a vision to cross boundaries of our current economy. This is no revolution in the globe, but it certainly is a revolutionary prospect for Bangladesh. Apps and Games development is the new initiative for the ICT division of the government. A USD $100 bn global market, the extension of IT in this field will enable youths, the target employment demographic, to jump on board and drive the industry.

Training is being setup, costing around Tk 281 crore, utilizing 525 trainers, 8,750 app developers and 2,800 game animators, along with marketing and content experts, who will receive high-level training. Focus initially is towards the local 13 crore mobile users, who currently suffice their demand through software imports. This is the targetted turnaround, while tapping into local opportunities

Tips on your first job : university students

7 steps university students need to know to prepare for today’s job market

The job market. Familiar to all and a walk-in-the-park for none. The Director of CES, Mr. Sajid Amit, upholds the stark reality of the rising income class and the larger young population with the relatively small proportion of the present overall student size of the country. In doing so, he presents 7 practical steps that students can take to come prepared for the job market. Job creation will not boom overnight, whether it be private or government initiatives. Neither will high-paid, high-skilled work, even if the young imminent workforce is preparing for with more university education. What can they do to succeed amidst 99 other competitors for a single position?

The Director of CES shares some strategies, in these 7 steps to a higher quality candidate.

1. Identify yourself, aided by a mentor.

2. Target companies of your choice

3. Prepare a CV during first year

4. ....

Read more to find out.

 

Reading in the time of Dubsmash - Dhaka Tribune

Reading in a time of Dubsmash
Reading is virtue, or so it can be said. This was certainly so for the Director of CES, Mr. Sajid Amit, who wrote an article recently about his younger self growing up as an avid consumer of the product of well-known, classic English writers. The habit was reinforced through english medium curriculum, whereas he also acknowledged the regular popularity of Bengali writers amongst the youths, on the flip-side of bangla medium backgrounds. Later on he experienced exposure to more advanced, specific topics during higher education abroad.

From all of these experiences, and the knowledge accumulated, Mr. Sajid Amit has admitted to have enhanced his current business interactions with clients. Occasionally even, these supported him in streamlining business deals.

In the article, attesting that social media has taken over much of our reading habits, he publicized a wish to have an outlet wholeheartedly for readers, to remedy the dwindling hobby of reading amongst our current generations.

Read more in the article.

Apparel sector impacts on recent terrorism

Moody’s: Terror attack has long impact on Bangladesh economy
Global credit-rating agency Moody's Investor Service proposed in a recent analysis about the impact of terrorism that has been plaguing Bangladesh. The agency generally has "political risks", factored into govenrment bond rating calculation and so far the nation's vulnerability has been moderate. This is subject to change in the wake of recent developments.

The Agency, particularly focused on the investor confidence and external payments standing, through diminutive foreign direct investments, especially towards the main forerunner, garments exports. This sector and textile, contribute to over 80% of total export share. Both of these are vital for growth and are stimulated by FDI.