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
The government plans to merge development and revenue budgets, amend income tax laws and establish a procurement authority in the next three years as part of a set of reforms aimed at boosting revenue collection and ensuring transparency in expenditure.
Although industry people do not want a new law or regulatory agency, some legal experts and a consumer rights body said those were necessary to oversee the industry now plagued with scams and controversies and protect the interests of stakeholders, including merchants.
Bangladeshi consumers can now get a taste of the global ‘Buy Now, Pay Later’ (BNPL) phenomenon thanks to the digital services platform Pathao, which is rolling out the feature today on a test basis.
Global credit ratings agency Fitch said Bangladesh’s economy would grow 7 per cent in the current fiscal year, powered by declining coronavirus infections and easing of supply chain disruptions.
Bangladesh can reduce greenhouse gas emissions by as much as 21.85 percent by 2030 if provided with $175.9 billion as the country joins in the efforts to keep alive a target of capping global warming at 1.5C above pre-industrial levels and avert a climate disaster.
Bangladesh has set an ambitious goal of generating more than 4,100 megawatts of electricity from renewable energy sources by 2030 as the county looks to cut greenhouse gas emissions significantly.
Computer services export from Bangladesh has crossed the $300-million mark as the coronavirus pandemic turbocharged the global demand for data processing, hosting and consultancy services.
Braving heavy heat, she was standing in a long queue in the capital’s Farmgate last week with hopes to buy some essential items at subsidised rates from a truck selling the products.
The poor, pummelled the most by the pandemic, just can’t catch a break, it seems.
Card transactions for e-commerce purchases increased slightly in August following a slump in July, when people were reluctant to place orders after it emerged that a few online platforms were scamming people.