Expanding into glass production was a logical step
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.
21h ago
BTRC’s independence eroded over the years
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.
1w ago
Banglalink’s tower sales: BTRC’s negligence deprives state coffers of Tk 69 crore
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.
1w ago
Bangabandhu-1 satellite: Another white elephant
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.
2w ago
Act fast to address labour unrest
Prompt steps are needed to address the workers’ demands and quell the ongoing labour unrest, said Socialist Labour Front President Razekuzzaman Ratan.
2w ago
Citycell wants licence reinstatement
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.
2w ago
BTRC’s curious U-turn on Summit Communications
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.
4w ago
Mobile subscriber numbers drop significantly in July
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
1m ago
February 9, 2022
Mobile, internet users grow in 2021
The number of mobile subscribers in December rose about 6 per cent year-on-year to 18.10 crore, data from Bangladesh Telecommunication Regulatory Commission showed yesterday.
February 4, 2022
Poor progress in stimulus credit disbursement
Bangladesh has disbursed 59 per cent of the total credit support unveiled by the government to protect businesses, the economy and the poor since the coronavirus pandemic hit the country more than one-and-a-half years ago.
January 31, 2022
Chaldal on expansion spree
Local online grocery store Chaldal is expanding at a faster clip outside of Dhaka to cater to customers who have become habituated with digital shopping throughout the coronavirus pandemic.
January 21, 2022
Despite IMF warning, Govt plans to borrow $313m from forex reserves for power transmission project
The government plans to use the country’s foreign currency reserves to implement a $370.96 million power transmission project, ignoring warning from the International Monetary Fund (IMF).
January 20, 2022
Reprioritise spending, bring financial reforms: IMF suggests better use of public money
The government should reprioritise spending, take steps to reduce corruption and initiate financial sector reforms for better use of public money with a view to overcoming challenges brought on by the pandemic, suggests the International Monetary Fund (IMF).
January 17, 2022
Prepaid Gas Meters: Perks aplenty but installation slow
The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage.
January 13, 2022
'Selling like hot cakes': Estimated size of cake, pastry market app Tk 400cr
Cake sales in Bangladesh are growing at a faster pace, driven by changing taste and consumption while celebrating various occasions.
January 12, 2022
Foreign aid use target to remain unchanged
The government plans to keep its foreign aid use target unchanged in the next fiscal year compared to the current fiscal year owing to lower utilisation of development allocations and projected reduced spending related to the pandemic, especially for vaccination.
January 9, 2022
Rising inflation eats up wage gains
Wages have ticked up in Bangladesh in recent months, but rising inflation, fueled by internal and external factors, has eroded the gains for the workers in various sectors.
January 9, 2022
JV to invest $100m in hi-tech park
Bangladesh Cards Ltd, a joint venture between Japanese, Australian and Bangladeshi investors, is going to invest $100 million in a local hi-tech park to manufacture high-end technology products, including smart cards and specialised security items, to cater to the growing domestic and international markets.
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