• Sunday, Jul 12, 2020
  • Last Update : 01:43 am

ICT export earnings rise by 25% in FY’17

  • Published at 01:11 am August 8th, 2017
  • Last updated at 05:22 pm August 8th, 2017
ICT export earnings rise by 25% in FY’17
Export earnings from computer services and software rose by more than a quarter in the last fiscal year to $191 million. Industry insiders attributed the 25.76% jump on the same period a year ago to government policy support and capacity enhancement within the industry. According to the Export Promotion Bureau (EPB) data, the earnings figure for the fiscal year which ended on June 30 was 19.34% above the fiscal year target of $160 million. Bangladesh Association of Software and Information Services (BASIS) president, Mustafa Jabbar, told the Dhaka Tribune that the capacity of Information Technology-Enabled Services (ITES) and Business Process Outsourcing (BPO) service providers had increased. infograph “These acted as a catalyst for the sharp rise in export earnings from the software and computer-related services,” he said. Mustafa said that although a supportive government policy coupled with incentives and training initiatives had encouraged the industry to earn more, the EPB figure did not reflect the true export earnings from the sector. “The banks’ data is not sufficient and their definition is not clear,” he said. “In our calculation, last year’s earning from the sector stood at around $700 million, but the export data shows only $151 million.” The former BASIS president, Fahim Masroor, told the Dhaka Tribune that a 25% rise is not enough to meet the government target for the sector of $1 billion by 2019. “In meeting the target, the government and the sector both have to concentrate on human development through proper training and practical knowledge,” said Fahim, who is also the owner of Ajkerdeal.com Ltd, an online marketplace. “If we look into our services and products, they still remain at a basic level, and so concentration needs to be put on high-valued services,” he added.
53
51
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail