Category: Daily Entrepreneurship

Daily Entrepreneurship- International (5 April 2019)

Swedish fintech Zaver has raised $1.2M seed for its P2P payments platform Zaver, a Swedish fintech that has built a payments platform to facilitate peer-to-peer trades and more, has picked up just over $1.2 million in seed funding. Backing the burgeoning startup are VC firms Inventure and Inbox Capital, as well as a number of relatively well-established angel investors. They include Joen Bonnier (partner at Atomico), Tom Dinkelspiel, Pontus Hagnö, Fabian Hielte (owner of Ernström & C:o and a previous investor in Spotify and iZettle), Bo Mattsson (founder of Cint) and Fredrik Österberg (founder of Evolution Gaming). [More Info…] Fifty-Four […]

Daily Entrepreneurship- Bangladesh (5 April 2019)

Fix regulatory uncertainty to boost investment Regulatory uncertainty has become a major bottleneck for investment in Bangladesh, where private sector investments remain weak, said the World Bank in its latest report. At present, foreign direct investment is less than 1 percent of the GDP. Businesses, particularly the medium-sized ones, suffer from the inconsistencies in policy implementation, said the Washington based-multilateral lender in the Spring 2019 edition of the Bangladesh Development Update. The report, which puts special focus on regulatory predictability, was unveiled yesterday at the WB’s office in Dhaka. “Regulatory uncertainty makes property rights insecure, which is a deterrent to […]

Daily Entrepreneurship- International (4 April 2019)

RIP Google+ That’s it for Google+, Google’s failed social network that once tried to take on Facebook and Twitter. As scheduled, the company has now started deleting user accounts and their data. Chances are you’re not going to feel all that sad about the end of Google+ since you probably haven’t used it for years. But if you’re feeling a bit nostalgic, here’s a little chronology of some of our coverage over the years. [More Info…] WhatsApp adds a new privacy setting for groups in another effort to clamp down on fake news WhatsApp today announced another protection for users […]

Daily Entrepreneurship- Bangladesh (4 April 2019)

BRAC Bank, bKash partner with Malaysian Incentive Remit for digital remittance services A new strategic partnership between the companies allows Bangladeshi expatriates based in Malaysia to send remittance directly from their phones to 1 million BRAC Bank accounts, 186 BRAC branches for cash collection and up to 30 million bKash mobile money wallets in Bangladesh, the bank said in a media release on Wednesday. Incentive Remit’s mobile-first, digital model saves customers time and money as they do not have to visit a bricks and mortar agent to send money home, the release said. International transfers to bKash mobile money wallets […]

Daily Entrepreneurship- International (3 April 2019)

Entrepreneurship is a marathon, not a sprint Being an entrepreneur, you are told, is a long and lonely journey. It is not a sprint, but a marathon. You need to have passion and fire in the belly to succeed as an entrepreneur. You trip and stumble, you need to get back quickly on to your feet and resume running. As an entrepreneur, you need a lot of stamina to stay the course. And, ask founders about their journey, a lot of them tell you that it is like running a full marathon. [More Info…] Restaurant tech startup Toast, seeing runaway […]

Daily Entrepreneurship- Bangladesh (3 April 2019)

Bangladesh to get e-commerce boost through digital foundation: UNCAD Although Bangladesh has laid an essential foundation for a technology-driven and skill-based digital economy, it still needs to put in place a comprehensive national e-commerce strategy and impro ve delivery logistics, said a United Nations Conference on Trade and Development (Unctad) report. A Rapid eTrade Readiness Assessment, completed by UNCTAD at the request of the Bangladesh government, pinpoints improvements in telecommunications infrastructure, trade logistics, payment solutions, laws and regulations, skills development, and financing, that can accelerate e-commerce and spread the benefits throughout the economy. “All commercial activities are going to be […]

Daily Entrepreneurship- Bangladesh (1 April 2019)

Lending rate to be brought down: PM Prime Minister Sheikh Hasina yesterday said the government will take measures again to reduce the interest rate for the sake of the country’s industrialisation. “We’ll sit again to discuss how to reduce the interest rate of bank loan,” she said while inaugurating the weeklong first national industrial fair in the city. The industries ministry organised the National Industrial Fair 2019 at Bangabandhu International Conference Centre with a view to promoting and expanding the market of local industrial products and attract investment. The prime minister thought that the interest rate of bank loan is […]

Daily Entrepreneurship- Bangladesh (31 March 2019)

StanChart honours 12 business icons Standard Chartered yesterday honoured 12 companies for their performance in external trade and felicitated three winners of the most recent national export trophy for their contribution to the country’s export growth. Introduced last year, the Standard Chartered Bangladesh Trade Awards celebrates the bank’s relationship with clients who have been key enablers in its commitment to support growth of trade and commerce in the country. Ha-Meem Group, Youngone Corporation, Epic Group, Square Group and Pacific Jeans took home awards in the textile and garment segment. The other winners are: City Group, Meghna Group of Industries, TK […]

Daily Entrepreneurship- International (28 March 2019)

25 Best MBA Programs in the World for Aspiring Entrepreneurs They recently released rankings of MBA programs that are good for specific career specializations, focusing on programs with strong career outcomes in particular industries or activities. For their ranking of the best MBA programs for careers in entrepreneurship, they combined their overall ranking of the best MBA programs in the world with further data on how many graduates went on to start their own businesses, the programs’ reputations among employers for developing entrepreneurial skills, and faculty members’ research output in fields related to innovation and entrepreneurship. Here are the 25 […]

Daily Entrepreneurship- Bangladesh (28 March 2019)

19 firms to invest Tk 650cr in pharma The pharmaceuticals industry is gearing up to expand as 19 companies have got the go-ahead in the last one year to set up facilities at a combined investment of around Tk 654.82 crore. The entry of these new companies will boost competition as there are already more than 200 manufacturers in operations to grab shares in the local market worth around Tk 25,000 crore. Most of the 19 companies have completed setting up their facilities and they will start operations within the next one and a half years, said Major General Md […]