VENTURE CAPITAL POST

WoxBox users has increased to 5 million users. The youth has been fond of it because of its extra-ordinary features. The app has become the most used app in Bangladesh.

The Bangladesh central bank said that it has lost $100 million from its account at the Federal Reserve Bank of New York, later discovered to be transferred to the Philippines banking system. The central bank claimed that the Fed’s system was hacked, although the New York Fed denied that there was any hacking attempt made regarding that transaction.

Malaysian government halts its recruitment of foreign workers particulary Bangladeshi. Protests from private and public sectors arise urging the government to give clarification about the agreement. The deputy prime minister confirmed that the registration of 1.5 million Bangladeshi workers does not mean that all of them could gain entry on the Southeast Asian country and be hired.

One of the most successful travel bloggers in the world, Johnny Ward, is hailed from a small town in Northern Ireland called Kilkeel. It is exactly that which inspired him to travel and explore the world.

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country's prolonged power crisis, a senior official said on Saturday.

When Sri Lanka unexpectedly turfed out President Mahinda Rajapaksa in an election this month, it was the biggest setback in decades for China's expansion into South Asia - and a remarkable diplomatic victory for India.

Undaunted by a run of horrific factory accidents that have hit Bangladesh's garments industry, two entrepreneurs bought Adorn Knitwear Ltd earlier this year.

From his sleepy village in eastern India's Bihar state, Ram Narain arrives at Gulab Bagh market to sell a truckload of corn that will fetch him enough money to buy a motorbike for his son, school uniforms for his daughter and a gift for his wife.

South Asian leaders will pile pressure on Pakistan on Thursday to salvage a summit in Nepal by agreeing to electricity sharing and the free movement of vehicles across borders, measures aimed at boosting trade among nearly a quarter of the world's people.

Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.

Green Delta Capital Limited revealed that it had signed a memorandum of understanding with BD Venture Limited to ensure cooperation between the two companies in various business sectors.

Bangladesh dubbed as king in the knitwear manufacturing and exporting industry.

Retail Holdings wanted an IPO up to US$200 million for Singer Asia.

Bangladesh is expecting more foreign investments especially from India.