New U.N. regulation on vehicles’ cybersecurity systems

The automotive sector is undergoing a profound transformation with the digitalization of in-car systems that are necessary to deliver vehicle automation, connectivity and shared mobility. Today, cars contain up to 150 electronic control units and about 100 million lines of software code...

Hydrogen Energy Sources of the Future-WLG

[Source: WLG] The energy demand of our globalized world is constantly expanding, not least due to increasing mobility, data processing and industrial production. Climate change poses a major challenge. Most of the fuels used for the mobility of the world population, in an industrial context...

Govt fixes wages for leather sector

The government has fixed Tk 7,100 as minimum monthly wages for the workers of the country's leather goods and footwear sector. The ministry of labour and employment issued a gazette notification in this regard on September 08, nearly a year after the wage board was...

Non-EPZ firms can pay foreign staffers in dollars

[source: The Business Standard] The government is going to allow firms outside of the Export Processing Zone (EPZ) to pay their foreign employees in dollars. This has been a long-standing demand of companies and would make the revenue board better able to tax the foreigners. The...

South Asian Regional Centre of the GCA office in Dhaka was launched

During July last year, Prime Minister Sheikh Hasina hosted the Global Commission on Adaptation meeting in Dhaka attended by the co-chairs of the Commission, former Secretary General of the United Nations Ban Ki-moon and Kristalina Georgiva, head of the International Monetary Fund. During the bilateral...

StanChart rolls out first blockchain remittance service

Standard Chartered Bangladesh yesterday rolled out a blockchain-powered remittance service for Bangladeshis working in Malaysia to allow them to send money home on a real-time basis, without any hassle and at lower costs. The bank has teamed up with Ant Group, one of the world's leading...
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