Bangladesh has expressed interest in expanding technological cooperation with Singapore in digital payments, telecommunications, information technology, artificial intelligence (AI) and e-commerce.
The interest was expressed during a meeting between Posts, Telecommunications and Information Technology Minister Fakir Mahbub Anam and Singapore's non-resident High Commissioner to Bangladesh Derek Loh at the Secretariat on Monday.
The meeting focused on strengthening bilateral relations and expanding mutual cooperation in various technology-related sectors.
The minister said the government was prioritising digital transformation, the effective application of AI and the expansion of technology-driven public services. He noted that Singapore's experience, technical expertise and innovative initiatives could play an important role in these areas.
He also said the government was working to modernise the country's extensive postal network and transform post offices into effective hubs for e-commerce, parcel delivery and integrated logistics services. He expressed interest in exploring opportunities for joint initiatives by drawing on Singapore's experience.
Anam emphasised expanding digital payment systems in public services, ensuring transparency and accountability in revenue collection, and increasing the use of AI in healthcare and administrative activities.
In response, Derek Loh expressed Singapore's interest in expanding cooperation with Bangladesh across various sectors. He highlighted the potential of using Bangladesh's extensive postal infrastructure to improve e-commerce, parcel delivery and logistics services.
The high commissioner also shared Singapore's experience in expanding digital payments in public services to increase revenue collection, ensure transparency in financial management and improve the efficiency of public services.
He further highlighted opportunities for cooperation in healthcare, research, biomedical technology and the application of AI in government services.
Loh stressed the importance of preparing young people for the future job market in an increasingly technology-driven world, expressing Singapore's interest in exchanging technical knowledge, experience and expertise with Bangladesh.
Both sides noted significant potential for expanding cooperation in the digital economy, technological innovation, skilled human resource development and the modernisation of public services.
Charge d'Affaires of the Singapore High Commission Philip Wong, desk officer Mrithini Tjitritharan and Enterprise Singapore's South Asia development partner Benjamin Chu were also present at the meeting.
sks