A.

The relentless march of artificial intelligence (AI) and the Internet of Things (IoT) underscores the critical importance of information technology (IT) for nations worldwide. A robust IT sector fosters rapid access to information, a cornerstone of national economic progress. We are witnessing a global rise in prominent IT firms, leading to the development of thriving IT sectors in many countries.

Asian nations are actively capitalising on this trend by creating environments that attract international IT investment. Major players like Microsoft, Apple, and Samsung strategically invest in Asia to benefit from cost advantages.

Bangladesh, with its highly skilled and cost-effective workforce compared to regional competitors like India, Malaysia, and China, is well-positioned to seize these opportunities.

Bangladesh needs a robust framework for attracting foreign investment, a comprehensive nationwide IT infrastructure, and a skilled workforce to capitalise on this potential fully. Bangladesh’s software and IT-enabled services (ITES) sector demonstrates significant growth potential.

B.

The automobile industry of Bangladesh is seeing a notable shift towards electric vehicles (EVs) with BYD Auto Co Ltd, the world’s biggest EV maker, set to launch its Seal model on the domestic market.

CG-Runner Bangladesh, an authorised distributor of BYD, will roll out the premium passenger sedan on March 2 and later introduce electric SUVs, buses, trucks and other vehicles produced by the Chinese automaker.

The BYD Seal is equipped with a battery capacity of 82.5 kilowatt hours and can travel 540 kilometres at full charge, which can be achieved in 40 minutes using its fast charging capability.

CG-Runner is a collaboration between Chowdhury Group, a leading conglomerate of Nepal, and Runner Group, a local company that pioneered two-wheeler and three-wheeler manufacturing in Bangladesh.

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