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.
A deep-rooted divide in access to devices, internet connectivity, and digital literacy separates rural communities from urban counterparts
Starlink is steadily consolidating its presence in Bangladesh through a series of partnership agreements with local companies, with deals spanning ground station development, colocation and data centre services, core site hosting, transmission, and international internet gateway (IIG) facilities.
A number of customers of Nagad have alleged that they were facing troubles in carrying out transactions on their accounts as the mobile financial service provider has suspended them on suspicion of unusual transactions with e-commerce platforms.
The country’s largest business-to-business (B2B) e-commerce platform, ShopUp, yesterday said it raised $75 million or nearly Tk 640 crore in its latest round of fund-raising as it looks to ramp up its operation by bringing small neighbourhood groceries and small retail shops online.
Rights violations have compounded sufferings of consumers in Bangladesh, with the number of complaints rising a staggering 61 per cent in the span of a year.
Business of hotels and resorts in tourist destinations is rebounding slowly as the Delta Covid-19 variant and dengue have turned customers very cautious over whether they would go on holidays.
The number of refuelling stations for liquefied petroleum gas (LPG) or autogas and its consumption are growing fast with the big LPG players ramping up their operations as the government looks to cut dependency on other fossil fuels.
Getting her period at work has always made garment worker Roksana Aktar uncomfortable.
Women in Bangladesh have increased and diversified their use of mobile internet services ever since the Covid-19 outbreak began as social distancing restrictions in particular have led to a rise in video calls, social media use and viewing of online videos, according to a survey.
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.
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.
Evaly has a liability of Tk 542 crore to its customers and merchants, a top official of the commerce ministry said today.
