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
City Group, one of the country’s leading consumer goods processor and manufacturer, is to going to build a hi-tech park investing Tk 5,000 crore to manufacture technology products such as microprocessors, chips, circuits, mobile phones and laptops.
Beleaguered e-commerce platform Evaly, which faces inquiries by the government, said its liabilities to customers and merchants stood at Tk 543 crore as of mid-July, which is 35 per cent higher than the amount found by an initial probe of Bangladesh Bank.
Evaly has a liability of Tk 542 crore to its customers and merchants, a top official of the commerce ministry said today.
Top food processor Pran is planning to grab a big share of the country’s fast food market with a retail chain focusing on selling fried chicken defying the gloom of the pandemic.
Spending through credit cards hit an all-time high in June thanks to the acceleration of digital payments on e-commerce platforms amid the ongoing coronavirus pandemic.
The government is undertaking a project involving about Tk 200 crore to roll out fifth-generation or 5G mobile network on a limited scale in Dhaka by the end of this year.
Computer services export from Bangladesh is rising in sync with global demand for data processing, hosting and consultancy services as many people are working from home while companies are outsourcing amidst the lingering coronavirus pandemic.
The government is going to set up the country’s biggest solar power plant in Madarganj upazila of Jamalpur, in a move to raise the share of renewable energy in total power generation to 10 per cent by 2025.
The government is set to give a lifeline to Teletalk as the loss-making mobile phone operator looks to make a turnaround by winning customers through modernisation, network expansion and the launch of 5G technology.
The number of broadband internet connections has surpassed the 1 crore mark in June for the first time as a vast number of people now rely on the internet due to the pandemic which propelled work from home practices and remote learning.