Indian businesses keen to invest in health, education and power sectors

A business delegation from Indian Chamber of Commerce (ICC) have expressed keen interest in investing in Bangladesh especially in the health, education and power sectors.During a meeting with Foreign Minister AK Abdul Momen on Monday (7 August), they also proposed to launch a BIMSTEC Chamber of Commerce to promote trade and commerce amongst the BIMSTEC member states– India, Bhutan, Bangladesh, Myanmar, Thailand, Nepal and Sri Lanka. He stressed on working for the promotion of bilateral trade and commerce in a balanced manner and emphasised to remove all kinds of trade barriers, especially, tariff and non-tariff barriers for enhancement of trade volume between Bangladesh and India. Indian Chamber of Commerce which was set up in 1925, has a special focus on promoting trade and commerce in the South Asian and South East Asian countries. They are visiting Dhaka from 6-8 August 2023 and meeting various Chambers and business houses in Bangladesh.

Source: https://www.tbsnews.net/economy/indian-businesses-keen-invest-health-education-and-power-sectors-678526

MTB launches country’s first-ever virtual debit card

Mutual Trust Bank Limited (MTB) launched the country’s first-ever virtual debit card, a groundbreaking digital solution under Visa Network. Seamlessly blending innovation, security and convenience, this cutting-edge offering is set to revolutionise day-to-day transactions for users nationwide. MTB’s virtual debit card promises a hassle-free and secure banking experience, catering to the modern-day needs of customers. With the option to make ATM transactions through cash by code, customers can access their funds anytime using MTB’s widespread ATM network. This virtual card can also be used at merchant points across the country through a QR code. The card is also equipped with an e-commerce transaction facility, empowering cardholders to confidently and easily navigate the online shopping landscape. Applying for the card is quick and easy through the MTB Smart Banking app.

Source: https://today.thefinancialexpress.com.bd/stock-corporate/mtb-launches-countrys-first-ever-virtual-debit-card-1691429039

EBL launches credit card for women entrepreneurs

Eastern Bank Ltd launched an EBL women signature credit card during a panel discussion styled “Women in Start-up: A Journey towards Smart Bangladesh” at the bank’s head office in Dhaka yesterday. Tailored for women entrepreneurs, the VISA credit card features a diverse range of exclusive lifestyle benefits among many others, and a comprehensive risk assurance programme as well.

Source: https://www.thedailystar.net/business/economy/news/ebl-launches-credit-card-women-entrepreneurs-3388951