The telecom regulator has decided to permit the Power Grid Company of Bangladesh (PGCB) and Bangladesh Railway to extend their optical fibre networks beyond their respective grid lines and railway tracks in a bid to improve internet connectivity across the country.
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
The commerce ministry will publish a guideline for e-commerce platforms next month to protect the rights of online shoppers, curb anomalies on payments and refund, and ensure timely delivery.
Eight years ago, Midland Bank Ltd set out with a vision to become a bank for the masses riding on technology and reaching the unbanked in the hinterland.
Uber suspended its CNG-run auto-rickshaw service in Dhaka soon after its rollout, citing “mechanical faults.”
Private sector credit growth has been sluggish, capital machinery imports declined, and industrial production grew slower in the outgoing fiscal year than a year ago.
The government has shifted its focus from power generation to transmission and distribution as the sector is struggling with overcapacity even though consumers are yet to receive a credible supply of electricity.
The government is going to bolster the country’s expanding ICT sector with tax exemptions in six more services and VAT waiver on hardware manufacturing as it looks to prepare the nation for the fourth industrial revolution.
Female entrepreneurs who conduct their business through Facebook or F-commerce are receiving a record number of orders amid the ongoing coronavirus pandemic as people continue to shop from home in fear of infection.
DataBird, a Bangladeshi company having products across online travel, news, keyboard, eReader and lifestyle mobile applications, recently stated to have raised $3 million in foreign funding to build a messaging app resembling Facebook’s messenger, WhatsApp and China’s WeChat.
The amusement park industry is on the brink of collapse as owners are struggling to pay salaries, bank loans and hefty maintenance costs amid an ongoing closure that began in April due to the recent resurgence of Covid-19.
Creative book publishers have been fighting an uphill battle to survive for over a year as their sales have nosedived for the pandemic that depressed demand for fiction and non-fiction among consumers.
