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Entry Strategy: Bangladesh Digital Signature Industry

Digital Signature electronically authenticates the author of any document. It encrypts documents with digital codes which is almost impossible to duplicate. For example, a CEO can provide approval to any project through email with digital signature. Digital Signature ensures that the email is not altered in the way and the CEO cannot deny his approval. Digital Signature Industry of Bangladesh Digital Signatures are provided by Certifying Authorities (CA). As Bangladesh Economy is growing and getting digitized, need of digital security is also increasing. Here is the current situation. 2011: Digital signature is controlled by Controller of Certifying Authorities(CCA) that was established in 2011 . National Information & Communication Technology Policy- 2009 provides directions to introduce Digital Signature earlier. It is regulated by Information and Communication Technology (Amended) Act, 2006. 66% vs. 6 : A research revealed that internet adoption in business will be...

Digital Economy of Bangladesh

Digital Economy refers to the new economy which is based on information communication and computer technology. It is also called Internet Economy. Everything is going digital. Earlier there was giant computers on big rooms. Now we use smart technology products as hand band, mobile, tab, glasses etc. Presence of digital infrastructures and widespread adoption of technologies in daily life is transforming our work, entertainment, education, transportation, communication, healthcare and business. This changes brought new phase of economy which is called digital economy. Significance of Digital Economy Digital Economy has opened new horizons. Now you can work for an American firm sitting in Bangladesh. Technology brings us closer in terms of ease of communications. It also opens millions of windows of innovations and opportunities. A website now can earn a billion and generates thousands of jobs. Even you can get your dream project funded by crowd with the help of internet. Dig...

What's there for Bangladesh in 2050?

Bangladesh is the 8 th most populated country in the world. Having 536 billion GDP (PPP) and around 170 million people, the country is the 31 st largest economy of the world. But the country’s economy is growing at more than 5% since 2004. So, how will be the economy of Bangladesh in 2050? In recent study titled “ The World in 2050 - Will the shift in global economic power continue ” projected the followings: Bangladesh will be the 23 rd largest economy in 2050 in terms of GDP PPP The country’s GDP might be $1,291 billion in 2030 which is more than double compared to $536 billion of 2014 The GDP might be $3,367 billion in 2050 which is more than 6 times compared to 2014 PWC researched 32 country's economy which contributes 84% of whole world’s GDP. Bangladesh is one of the eight countries included in this research for the first time. Here are some other projections: World’s economy might grow at average 3% per year in the period 2014 to 2050. Though the growth...

Opportunities & Threats of Private University Industry of Bangladesh

Private university industry of Bangladesh experienced a boom within first 20 years as the rise of universities accelerated. In 2013, the total number of private universities was 79, with 10 new private universities waiting for approval from government in 2014. Opportunities of  private university industry of Bangladesh Due to political instability private universities have better image than public universities Public universities cannot fulfill the demand of higher education In order to get social recognition, top most business entrepreneurs becoming interested to be the members of the Board of Trustees. As a result donors’ donation can be utilized in quality improvement of various sectors Most of the private universities are in commercial area Most of the private universities have less number of full-time faculties Education standard of private universities is increasing Projects and assignment assigned to the students are more practical and realistic Course Cu...