The government has decided to establish a national “fibre optic bank”, which will bring all unused fibre optic resources from state-owned entities under a single platform in a bid to accelerate digital transformation.
Leading foreign investors in Bangladesh’s telecommunications sector have urged the government to reconsider proposed restrictions on foreign ownership in the upcoming Telecommunications Network and Licensing Reform Policy 2025.
The telecom regulator has decided to permit the Power Grid Company of Bangladesh (PGCB) and Bangladesh Railway to extend their optical fibre networks beyond their respective grid lines and railway tracks in a bid to improve internet connectivity across the country.
For the first time, the World Bank, which traditionally provides development project loans and budgetary support, has extended its assistance through a guarantee facility to support Bangladesh in purchasing liquefied natural gas (LNG), aiming to ease pressure on the country’s foreign exchange reserves.
Early users of Starlink, the satellite internet service recently launched in Bangladesh, have expressed satisfaction over its high-speed and stable connection.
Bangladesh’s IT exports witnessed a slight rise in the first nine months of the current financial year, buoyed by growing global demand for AI-powered services.
True reform requires the courage to correct the policy missteps of the past
Bangladesh’s mobile phone manufacturing industry, once hailed as a potential pillar of the country’s digital ambitions, is bracing for a fresh blow after the interim government proposed a hike in value-added tax (VAT) at the production stage in the national budget for fiscal year 2025-26.
The 4 are: IDEA Networks and Communications Ltd, Digital Connectivity Ltd, Pritty International (Pvt.) Limited and Sadiatec Limited
Delivery Hero, which owns Foodpanda and Pandamart in Bangladesh, said it was in negotiations regarding a potential sale of its Foodpanda business in selected markets in Southeast Asia.
A staggering 97 percent of mobile internet users in Bangladesh are concerned about the privacy and security issues while using their phone, found a report by global telecom company Telenor.
Although higher consumer prices have persisted in the first few months of the current fiscal year, inflation in Bangladesh is going to cool in the later part of 2023-24 thanks to one external and two domestic factors, the Asian Development Bank (ADB) forecast yesterday.
There is no compelling reason to reduce the number of internet packages to 40 or discontinue three-day and seven-day packages and such a move would restrict customer choice, said a top official of a mobile operator.
The scale of the immediate but devastating effects of the Covid-19 pandemic on Bangladesh’s economy emerged for the first time after the Bangladesh Bureau of Statistics (BBS) published the quarterly data of the GDP to meet IMF’s conditions.
Feature phone production has more than doubled month-on-month in July as consumers turn to more affordable alternatives to smartphones amid sustained high inflation.
The primary role of bKash involves continuous efforts to promote digital literacy and educate individuals about the benefits of digital financial products. And with this, bKash plays a significant role in the digitalisation of Bangladesh.
At a time when the government is pressing full steam ahead with the ‘Smart Bangladesh’ agenda, the telecom regulator is taking measures that are at odds with it.
IT exports from Bangladesh have fallen for the first time in five years, which is an ominous sign for the government’s export diversification efforts as the country is failing to produce big IT firms.
