Zunaid Ahmed Palak, the State Minister for ICT Division, has announced the ambitious goal of achieving 70% cashless financial transactions in the country by 2027. The minister shared this vision during a view-exchange meeting with stakeholders, where he connected online from the Natore Deputy Commissioner’s conference room on Monday.
Highlighting Natore as a model district, Minister Palak emphasized that the plan would be implemented there by 2025. He underscored the numerous benefits of cashless transactions, including the reduction of corruption, the elimination of terrorism, and enhanced security for individuals. Furthermore, he mentioned that the adoption of paperless and box-less e-tender systems in government offices across Bangladesh has already ensured transparency, accountability, and security.
Minister Palak also emphasized the importance of ensuring the security of businessmen by facilitating cashless transactions in various businesses, such as the sale of sacrificial animals. He pointed out the remarkable growth in internet users, which has increased from 5.6 million to 130 million in the span of 14 years, indicating the country’s progress towards a cashless society. The ultimate goal, he stated, is to build a 100% cashless Bangladesh by 2041, making financial transactions easier and more seamless for the people.
To facilitate digital transactions among financial institutions, Minister Palak highlighted the interoperable digital transaction platform called ‘Binimoy,’ which will serve as the central point for transactions. The function was chaired by Natore Deputy Commissioner Abu Naser Bhuiyan, and additional remarks were provided by Police Super of the district, Md Saifur Rahman, and Additional Director of Bangladesh Bank (BB), Md Nizam Uddin, who attended as special guests.
Bangladesh Aims to Enhance Bilateral Ties with South Korea in Trade and Investment
Bangladesh is eager to strengthen its bilateral relations with South Korea, particularly in the realms of trade and investment, in pursuit of realizing the dream of achieving a ‘Golden Bengal,’ as envisioned by the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman.
State Minister for Foreign Affairs, Md Shahriar Alam, expressed this commitment as the chief guest at a reception commemorating South Korea’s National Foundation Day. The reception, hosted by South Korean Ambassador to Bangladesh Park Young-Sik, took place at a city hotel on Sunday evening.
During his speech, Minister Alam conveyed Dhaka’s contentment with the consistent growth in bilateral trade and investment between Bangladesh and South Korea. He highlighted the 50-year history of robust bilateral relations and expressed optimism about elevating this friendship to a deeper and more comprehensive level of collaboration.
Furthermore, Minister Alam referenced the recent meeting between Prime Minister Sheikh Hasina and President Yoon Suk Yeol on the sidelines of the G20 Leaders Summit in India, underlining the significance of such high-level engagements.
He reiterated Prime Minister Sheikh Hasina’s vision of establishing a knowledge and technology-based prosperous and intelligent Bangladesh by the year 2041.
Minister Alam also expressed gratitude for South Korea’s prompt recognition of Bangladesh as an independent state shortly after its independence on May 12, 1972.
Vietnam’s National Assembly President Attends Forum in Dhaka for Economic Collaboration with Bangladesh
Vuong Dinh Hue, the President of the Vietnam National Assembly, recently participated in an event held in Dhaka known as the ‘Forum on Policies and Laws to Foster Economic, Trade, and Investment Collaboration between Vietnam and Bangladesh.’ This significant gathering was jointly organized by the Vietnamese Ministry of Industry and Trade, the Ministry of Planning and Investment, the Vietnamese Embassy in Bangladesh, and in cooperation with key entities including the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Vietnamese Business Association in Bangladesh.
The forum drew the presence of a distinguished high-level delegation from the Vietnamese National Assembly, alongside prominent figures from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the Dhaka Chamber of Commerce and Industry (DCCI), and a substantial representation from businesses on both sides. Additionally, various ministries from both Vietnam and Bangladesh were represented.
During the forum, three notable business-to-business Memoranda of Understanding (MoUs) were inked. These agreements included collaboration between BMH Vietnam Company and Doreen Group Bangladesh, focusing on investment cooperation, technology transfer, and the advancement of pre-engineered steel production. Another agreement was reached between Bangladesh Vietnam Development Assistance Company and the Bangladesh Pharmaceutical Association, with a specific focus on pharmaceutical exchange. Lastly, Huong Giang Aviation Services and the Bangladesh Tourism Association came together to establish a tourism alliance, marking a significant step in enhancing tourism ties between the two nations.
As part of his official three-day tour, Vuong Dinh Hue visited the state-of-the-art facilities of Beximco Pharma in Tongi, where he received an informative presentation and toured the manufacturing facility.
Bangladesh’s Commitment to SDGs Unshaken Despite Global Challenges, Says PM
Prime Minister Sheikh Hasina has reaffirmed her government’s unwavering commitment to implementing the Sustainable Development Goals (SDGs), even in the face of challenges posed by the Covid-19 pandemic, the Ukraine war, and the climate crisis. She made this declaration during a meeting with Helen Clark, Chair of the Partnership for Maternal, Newborn and Child Health (PMNCH), at the United Nations Headquarters.
As part of her commitment to healthcare services accessibility for all citizens, PM Sheikh Hasina mentioned the implementation of the National Health Sector Strategic Plan (2011-2030) and a 27% increase in healthcare sector allocations for the current fiscal year 2023-24.
Helen Clark commended Bangladesh’s exceptional progress in healthcare under Prime Minister Sheikh Hasina’s visionary leadership, citing the nation’s remarkable achievements in reducing maternal and child mortality rates and ensuring universal healthcare services.
- BSEC Chief Encourages Capital Market Investment Ahead of National Election
- US Stock Indices Display Volatile Week
- European Stock Markets Witness Weekly Decline
- Weekly South Asian Stock Markets Shows Varied Performance
- Negative Trend reports on Weekly DSE
- PM Sheikh Hasina: Bangladesh Must Avoid Return to Era of Darkness
- President Shahabuddin Encourages Youth to Embrace Modern Knowledge and Patriotism
- Bangladesh Celebrates Prime Minister Sheikh Hasina’s 77th Birthday
- Eid-e-Miladunnabi: A Day of Spiritual Significance and Reflection
- DSE Performed Mixed
- Bay Leasing & Investment declares no Dividends
- eGeneration declares its Dividends
- BBS Cables declares 2% Cash Dividends
- Nahee Aluminum Composite Panel Recommends Cash Dividend for Shareholders
- Apex Footwear discloses its Dividends