The Banking industry and Banking Fair 2015

Banking Fair Bangladesh 2015 kicks off 

The first National Banking Fair was inaugurated in Bangla academy on the November 24. This 5-day long fair is not the most innovative, but an unusual promotion of the banking sector of Bangladesh, in an attempt to make the citizens aware and more confident about banking services.

‘Mobile ATM Booth’ service introduced in Bangladesh

The highlight of the banking sector comes with another unusual innovation, the ‘Mobile ATM Booth’.  An ATM literally on wheels, its goal is to make the banks “reach” their clients. This was launched by Al-Arafah Islami Bank Ltd. to expand ATM services for rural, as well as the urban regions.

Recent highlights of the Banking Fair Bangladesh 2015 include different banks extending their reach through banking strategies. 

Youth Entrepreneurs Summit 2015

Young entrepreneurs urged to come with innovative ideas

“Global Youth Entrepreneurs Summit -2015” held last Friday hosted business leaders, experts and the Information Minister himself, to organize an event on encouraging young gnenration entrepreneurs to invest efforts in more novel and innovative businesses. Organized by the Dhrubotara Youth Development Foundation (DYDF) in collaboration with the Dhaka Chamber of Commerce and Industry (DCCI), the Information minister spoke directly to new young businessmen in an attempt to energize their entrepreneurial activities.

Facebook closure and F-commerce

FB-based business badly hurt

The recent decision by the government, which is not a new one, to close social media empire of Facebook has greatly affected E-commerce, as this mode is still the largest utilization for operations of the industry. An estimated loss of Tk 2 crore daily has been reported and a 25% setback of the overall E-commerce sector is expected by market insiders. Thirty percent of E-commerce is dominated by Facebook-commerce. Orders, sale, logistics are all disrupted by this security intervention, an expected date still not known for resuming normal service.

Headlines Nov 16 - Nov 17

Hello there readers. Not a great many choices to chose from last week but we covered the country's global entrepreneurship ranking and a section of business tips for digital marketing. Read on to find out.

Nov 16  :  Global Entrepreneurship ranking  Bangladesh's recent position
Nov 17  :  Digital Marketing  Digital Marketing strategies

Digital Marketing

Talks about electronic and social media does not seem to end! While we are busy posting anything and everything left and right, targetted businesses are clawing their best to reach customers through their online presence. So who is doing better? Us or them? A random individual post to a friend or a digital media marketing promo to the community? Read on. Today we talk about the Return On Investment of Digital Marketing.

What’s the ROI of Digital Marketing?

The link seems to initiate reader engagement by claiming that, Social posts mean Nothing! But it starts further reasoning by throwing out a common diplomatic phrase: "it depends".

Global Entrepreneurship ranking

To start a new week, we look at how Bangladesh has been doing in the context of international entrepreneurship standards.

Bangladesh ranks 125th out of 132 countries in GEI 2016
Granted Bangladesh is slowly emerging as a middle income economy, where export diversification is less than dynamic, the Middle and Affluent Class is rising and RMG and leather are the main noteworthy export items driving our economy. Entrepreneurship is booming on the e-commerce front, which is a young sector by all means. Social business is attempting a breakthrough with important groundwork being held in its early stages/ Other than this, business processes are slowly being transformed with the help of online payment and mobile banking options, while registration and utility connections are still lagging far behind. Rental difficulties are related to finance, while financial flexibility is one of the struggling issues businesses face in any economy, including Bangladesh. Taking all this into consideration, let us focus on an international entrepreneurship index and witness how Bangladesh performed recently.

Headlines Nov 8 - Nov 12

Last weeks CES blog mentioned a couple of topics, which had really had no particular theme, but covered some business tips, business rankings and entrepreneurship experience. The list ended in something very interesting, with a student experience of early entrepreneurship initiatives. Here are the posts listed below.

Nov 8  :    Home business marketing tips on home business management
Nov 9  :    Bangldesh Doing Business 2016 Bangladesh 2016 rankings
Nov 10  :  CES Talk Series : The Road to Middle-Income : Bangladesh's Growth Story
Nov 12  :  Student entrepreneurs Life of a student entrepreneur