To meet the rising demand for basic and high-quality glass in Bangladesh’s construction sector, AkijBashir Group recently began production at a sprawling plant in Habiganj’s Madhabpur upazila, placing emphasis on more transparent and pure products to position itself as a key player in the rapidly growing market.
Restoring the Bangladesh Telecommunication Regulatory Commission’s (BTRC’s) independence by reverting to the original legal framework should be a priority for reform, according to its new chairman Major General (retd) Emdad Ul Bari.
The state coffer has been deprived of Tk 69 crore for the telecom regulator’s failure to collect the 5.5 percent of the sales price of Summit Tower’s acquisition of Banglalink’s 2,000 mobile towers.
The Bangabandhu-1 satellite, one of the marquee projects of the Awami League government, has turned into a financial black hole, costing the state coffer upwards of Tk 1,500 crore.
Prompt steps are needed to address the workers’ demands and quell the ongoing labour unrest, said Socialist Labour Front President Razekuzzaman Ratan.
Citycell, the country’s first mobile operator which has not been operational since 2016, has sent a letter to the telecom regulator recently seeking the reinstatement of its licence.
The telecom regulator has walked back on its decision just two months ago to allow Summit Communications to transfer its shares without any fee, in a development that raises questions about the extent of benefits the company received during the 15 years of the previous Awami League government.
The number of mobile subscribers in Bangladesh has dropped significantly in July, as all the operators lost customers. .The overall number of mobile subscribers is calculated based on the purchase of new SIMs (subscriber identity modules) minus the number of SIMs whose ownership have beco
Tech giants such as Google or Meta (Facebook) will have to submit income tax returns from next fiscal year.
The government today proposed cutting the turnover tax for start-ups to 0.1 per cent from the current 0.6 per cent in the next fiscal year.
The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.
People often get confused about how they will design their homes to embody an aesthetically pleasing environment and where they will find items of brands they desire.
The government is likely to hike value-added tax (VAT) on broadband internet and impose a 5 per cent VAT on handsets manufacturing in the upcoming budget, which will increase handset and internet prices from next fiscal year.
Mercantile Bank Ltd has targeted sustainable long-term business growth as part of its plans to become the top financial institution in Bangladesh in terms of sustainability, said its top executive.
The number of mobile network subscribers in Bangladesh rose for three consecutive months to reach an all-time high in April while internet usage slipped that same month.
Bangladesh’s recent austerity and regulatory measures aimed at curbing non-essential imports, suspending the implementation of projects with high import components and cancelling the foreign tours of officials will send a positive signal to the market and the economy, according to economists.
Smartphone penetration in Bangladesh is fast approaching 50 per cent as the coronavirus pandemic has accelerated the adoption of digital technologies to work, study and find entertainment using smart devices.
When the coronavirus pandemic hit Bangladesh in 2020, food delivery platform foodpanda accelerated its expansion to establish its footprint across the country as demand rose.