Business news - Target to double software exports

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Bangladesh expects to earn over $250 million through software exports in the current fiscal year, Prime Minister Sheikh Hasina said yesterday.
Exports of IT and IT-enabled services stood at $124.72 million last fiscal year, according to Export Promotion Bureau.
Bangladesh exports software to over 50 countries, and the government has attached the highest priority to building a nation educated in IT, Hasina said.
She said her government has kept a provision for special incentives for the investors in the ICT sector and developed infrastructures to attract foreign investment.
She said private organisations, particularly Bangladesh Association of Software and Information Services, alongside the public sector have been playing a significant role in creating IT experts and professionals.
BASIS has been working to create 10 lakh internet users more in the country by 2018.
Hasina spoke while inaugurating the Digital World 2015, a four-day fair on ICT, at Bangabandhu International Conference Centre in Dhaka.

She said the government has formulated the ICT Act and ICT policy and work to set up a high-tech park and a software technology park has already begun.
The aim of the government is to ensure the socioeconomic development of people and improve their lifestyle using ICT, the prime minister said.
Hasina mentioned that her government reduced the price of internet bandwidth to Tk 2,800 in 2014, down from Tk 76,000 in 2007.
She also urged the people to keep vigil round the clock and put up a strong resistance against those who want to push the country into darkness again from the path of development through their destructive activities.
The ICT Division and BASIS in collaboration with several IT organisations organised the fair with the theme of “Future is here”.
Eighty-five IT experts alongside officials, policymakers, business leaders and entrepreneurs from 25 countries are taking part in the fourth edition of the fair occupying 137 stalls.
Sajeeb Wazed Joy, prime minister's ICT affairs adviser, attended the inauguration programme as a special guest. State Minister for ICT Division Zunaid Ahmed Palak presided over the function, while BASIS President Shamim Ahsan delivered the welcome address.
A video message of US congressman Mike Honda was also played at the event
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