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Press Release / ShopUp's FMCG distribution unit earns BDT 20 crores in profit
ShopUp has announced that its FMCG distribution unit, Mokam CPG, has achieved an operating profit of BDT 20 crores for the first eleven months of the fiscal year, according to a press release.
Preparing your car for a safe Eid-ul-Adha journey
Eid-ul-Adha is approaching, and many of us have already planned to celebrate this occasion with our loved ones. As a result, many car owners will travel outside the major cities to be with family and relatives. To ensure a safe journey, it's crucial to check that your car is in good condition. Sadly, we often hear about accidents during the Eid period. To ensure safety and a smooth trip, car owners should check the following:
Online cattle ‘haats’ rising in popularity
As Bangladesh continues to embrace digital transformation across various sectors, the concept of the ‘digital haat’ for sacrificial animals is emerging as a noteworthy development. However, the journey towards full digital adoption in this arena appears to be swarming with challenges and opportunities.
Where to buy sacrificial animals online
With Eid-ul-Adha approaching, the Muslim community in the country is eagerly preparing to purchase animals for sacrifice or Qurbani. Here are some reliable online platforms where you can buy sacrifical animals.
Intel to halt $25 bln factory in Israel
Intel Corp is halting plans for a $25 billion factory in Israel, as per Calcalist, an Israel-based financial news website. According to Reuters, Intel has yet to make an official statement regarding this development.
Musk threatens to ban Apple devices at his companies
Elon Musk has recently stated that he plans to ban Apple devices at his companies, on the condition that Apple integrates OpenAI at the operating system level.
First-ever 'immersive' phone call made by Nokia CEO
Nokia recently announced that CEO Pekka Lundmark made a phone call utilising a new technology called "immersive audio and video". This technology enhances call quality by providing three-dimensional sound, making interactions more lifelike, as per Nokia.
Palak appears as a guest shark on Shark Tank Bangladesh
Shark Tank Bangladesh aired a special cricket-themed episode over the weekend, showcasing four sports-related businesses. The episode also had the Minister of State for Posts, Telecommunications and Information Technology, Zunaid Ahmed Palak as a guest shark.
Apple AI, new Siri, iOS 18 and more: Everything Apple just announced
Apple’s Worldwide Developers Conference (WWDC) 2024 keynote has concluded, and the company unveiled some major updates and innovations. From AI advancements to major operating system upgrades, here’s everything you need to know.
Apple finally unveils its own AI: Meet, Apple Intelligence
At this year's Worldwide Developers Conference (WWDC) 2024, Apple just announced "Apple Intelligence," a new suite of AI features designed for the iPhone, Mac, and other devices.
Apple is unveiling iOS 18, Siri AI and more: Watch LIVE here
Apple's annual Worldwide Developers Conference (WWDC) is currently underway, with the tech giant unveiling iOS 18, a major update to its mobile operating system.
How to not handle a crisis communication: A lesson from Coca-Cola
Coca-Cola's botched ad campaign highlights the pitfalls of crisis communication.
Donald Trump calls himself "crypto president"
Former US President and current Republican Presidential candidate Donald Trump has called himself the "crypto president" during a fundraiser last week, as per sources present at the event. As per reports, Trump portrayed himself as a staunch advocate for cryptocurrency during the event, while criticising Democratic efforts to regulate the industry.
Bangladesh moves up 6 spots in global startup ecosystem index 2024
Bangladesh has ascended 6 places to rank 83rd in the recently published 'Global Startup Ecosystem Index 2024' report by StartupBlink, a global startup map and research centre. In the report, Dhaka also climbed 71 spots to secure the 140th position among top 1,000 listed cities. Dhaka was also ranked 7th in South Asia for the Agtech industry.
Fintech startup Elevate secures investment worth $5 million
Elevate, a fintech startup based in London and Dubai, has secured an investment of $5 million aimed at expanding its presence in South Asian markets, including Bangladesh. The startup offers a simplified method for receiving USD payments from international employers and platforms such as Upwork, Fiverr, Paypal, Deel, and Toptal.
Govt to create smart jobs and new research centres
Finance Minister Abul Hassan Mahmood Ali has just announced the proposed budget for the fiscal year 2024-25 for Bangladesh. In the proposal, the Finance Minister laid out the government's plan to create new "smart jobs" and establish new research centres based on "frontier technologies".
It's going to cost more to talk and browse from now on
In the fiscal year 2024-25 budget speech, Finance Minister Abul Hasan Mahmud Ali announced an increase in the supplementary duty on mobile phone calls and internet services. Effective immediately, the supplementary duty has been raised by 5 percent, bringing the total VAT on talk time and internet services to 20 percent from the previous 15 percent. This increase will be applied at the time of mobile phone recharge.
Mobile phone raw material import concessions extended to 2026
The current notification on concessionary import facilities for mobile phone manufacturing raw materials has been extended to 30 June 2026 from its original validity till 30 June 2024.
