Wholesale, retail sectors yet to fully recover
Wholesale and retail establishments that saw their business crippled by Covid-19 may have enjoyed some recovery alongside the return to economic normalcy but the ongoing Russia-Ukraine war now threatens to offset their gains amid global inflationary pressure.
29 September 2022, 02:50 AM
Compensation for every call drop on cards
Bangladesh Telecommunication Regulatory Commission (BTRC) is formulating a new rule to enable customers to receive compensation for every call drop suffered, albeit a maximum of seven a day.
26 September 2022, 02:20 AM
Probe Evaly couple for money laundering
The court-appointed board for Evaly called for an investigation of money laundering as vast sums of cash remain traceless in the controversial e-commerce platform’s accounts.
25 September 2022, 02:30 AM
How innovations are transforming banking in Bangladesh
The adoption of digital technology has significantly transformed Bangladesh’s financial sector in the last one-and-a-half decades, bringing millions under banking services that have even reached the village level.
24 September 2022, 18:00 PM
Audit fails to determine Evaly’s dues
Evaly’s creditors are unlikely to get their money back as there is no documentation at the controversial e-commerce platform’s end, making it difficult to verify who is owed what amount, found an audit into the company’s books commissioned by the court-appointed board.
24 September 2022, 02:00 AM
3 more submarine cables: Private companies to invest Tk 2,000cr
Three private firms will invest around Tk 2,000 crore collectively to connect Bangladesh with at least three more submarine communication cables, in a development that would ensure smooth supply of bandwidth amid surging internet use.
21 September 2022, 02:10 AM
BTCL defaults on Tk 2,259cr to exchequer
The state coffer is at least Tk 2,258.76 crore short, thanks to Bangladesh Telecommunications Company Limited’s failure to deposit the sum for mismanagement, shows audit report.
17 September 2022, 02:00 AM
Pran-RFL enters mobile phone manufacturing
The country’s manufacturing and processing behemoth Pran-RFL Group has made a foray into mobile phone manufacturing to capture a slice of the rapidly expanding digital device market in Bangladesh.
15 September 2022, 02:10 AM
Internet users rise in July
The number of internet users in Bangladesh rose in July on the back of a spike in mobile data consumption as operators try to expand their network and improve the quality of 4G service.
11 September 2022, 02:30 AM
Competent and compliant
Over a decade ago, Kamal Quadir adorned the venue of the launching ceremony of bKash, a nascent mobile financial service provider that he just founded at that time, with some black and white pictures in big frames.
10 September 2022, 18:00 PM
Ban on new SIM sales erodes GP subscriber base
Grameenphone lost 8 lakh customers in July as the country’s top mobile network provider is starting to feel the pinch of a ban on new SIM sales imposed by the Bangladesh Telecommunication Regulatory Commission (BTRC).
8 September 2022, 02:45 AM
Doel fails to spread wings
In 2011, state-owned Telephone Shilpa Sangstha (TSS) made Bangladesh proud by assembling the country’s first laptop, showing promises to deliver the device at an affordable price and help the government to implement its digitalisation agenda.
4 September 2022, 02:10 AM
3 private firms get nod to lay, run undersea cables
The government has selected three private firms to award them the licence to establish, maintain and operate submarine cables as it looks to ramp up the supply of bandwidth amid a surge in data consumption.
30 August 2022, 02:15 AM
Logistics firms irked by draft law
The government has formulated a draft law to regulate logistics companies, which will establish stiff control and impede growth in the industry, according to market players.
26 August 2022, 03:15 AM
Former Robi CEO Mahtab files Tk 227 crore suit against Robi
Mahtab Uddin Ahmed, former managing director and chief executive officer (CEO) of Robi Axiata, has filed a suit against the telecom operator, its board chairman and former group CEO seeking Tk 227 crore in retirement benefits and damages for 'wrongful dismissal'.
23 August 2022, 10:42 AM
Another digital vision with many still unconnected
The government is gearing up to implement a new “Smart Bangladesh” vision by 2041 with the belief that a preceding “Digital Bangladesh” had been realised by 2021.
23 August 2022, 02:30 AM
Bangladesh poised to be a big payment market
Bangladesh’s payment ecosystem is poised to leapfrog to become a very large substantial payment market within the South Asia and Asia Pacific region in the next few years, said Vikas Varma, chief operating officer for South Asia at Mastercard.
21 August 2022, 03:45 AM
Online shopping becomes costlier
Online purchases are getting costlier as courier companies in the country have collectively raised their fares in response to the recent increase in fuel prices.
19 August 2022, 02:30 AM
Mobile makers in trouble as sales plummet
The nascent mobile phone manufacturing industry in Bangladesh has been hit hard by the higher inflation, unprecedented dollar price hike, and increased value-added tax as their sales have plummeted amid belt-tightening by consumers.
18 August 2022, 02:00 AM
MFS providers see surge in utility payments
Utility bill payments through mobile financial service (MFS) providers crossed the Tk 2,000-crore mark in June, underscoring the growing preference among users to make payments from the comfort of their homes.
16 August 2022, 03:30 AM