Bangladesh's IT export surges despite global economic crisis
The higher earnings were driven by the shipment of computer data-processing and hosting services, which cover most business process outsourcing and IT-enabled services
23 February 2023, 03:00 AM
Smartphone shipment shrinks
The smartphone market in Bangladesh witnessed a double-digit decline for the first time in seven years in 2022 while the feature phone market grew slightly at the same time, according to the latest Market Monitor report by Counterpoint Research.
21 February 2023, 03:00 AM
IT firms going all out to attract clients
Local software and IT-enabled service companies will display their technological advancement and look to attract local and global clients at the BASIS SoftExpo 2023 as Bangladesh plans to raise IT exports to $5 billion by 2025 and become a smart nation in two decades.
19 February 2023, 02:30 AM
Foodpanda lays off employees
Foodpanda Bangladesh and its affiliates have laid off dozens of employees recently amid a significant fall in food delivery orders since customers are tightening their belts owing to higher inflation and deepening economic woes.
17 February 2023, 02:10 AM
Banglalink gains most customers in 2022
Top mobile operator Grameenphone lost a huge chunk of its subscriber base in 2022 due to mainly a six-month-long SIM sales ban while Banglalink emerged as the winner of the year with a big gain in customer numbers.
14 February 2023, 03:45 AM
MFS transaction rises over 18% in December
Transactions through mobile financial services (MFS) rose 18.53 per cent year-on-year to Tk 96,132 crore in December thanks to a rise in merchant payments, cash-in and person-to-person transfers.
14 February 2023, 02:30 AM
Daraz to shed jobs
Leading e-commerce platform Daraz Bangladesh has decided to lay off dozens of employees as its mother organisation, Daraz Group, plans to reduce its workforce by 11 per cent in order to cope with the “current market reality”.
8 February 2023, 02:00 AM
Daraz Group to reduce 11% of workforce
Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group
7 February 2023, 11:03 AM
Bangladesh made over 10cr handsets so far
Bangladesh’s mobile manufacturing industry hit a major milestone of having produced over 10 crore handsets till date, with the local plants gaining the capability of meeting almost all of the annual demand for devices in a span of just over 5 years.
7 February 2023, 02:30 AM
Investment flow drying up for tech start-ups
Start-ups in Bangladesh went through a tough time in 2022 owing to the uncertainty in the global economy, but gloomier days for them might not go away any time soon since the decline in global investments is set to linger.
5 February 2023, 02:00 AM
Mobile makers seek more time to preinstall Bijoy
The Mobile Phone Industry Owners' Association of Bangladesh has recently sent a letter to the telecom regulator seeking more time to preinstall Bijoy software, saying that it requires a different set of tests as well as additional investments.
3 February 2023, 02:50 AM
B2B startup ShopUp secures $30m debt financing
Business-to-business (B2B) startup ShopUp yesterday announced that it had secured $30 million in debt financing from both local and global lenders.
2 February 2023, 18:00 PM
Draft digital commerce act draws mixed reactions
A draft of the new digital commerce law has drawn mixed reactions from industry people and customers alike as some believe a legal framework is necessary to prevent fraud while others opined that it would lead to increased bureaucracy in the emerging sector.
29 January 2023, 03:30 AM
Digital fair kicks off tomorrow
The three-day Digital Bangladesh Mela 2023, where more than 50 telecom and ICT companies will showcase their products and services, is all set to kick off at the Bangabandhu International Conference Center in Dhaka’s Agargaon tomorrow.
25 January 2023, 04:00 AM
Publishers to set higher prices at Ekushey book fair
Publishers are gearing up for the upcoming Ekushey book fair despite multipronged challenges as a sense of festivity surrounding the monthlong book fair has returned for the first time in three years.
25 January 2023, 03:30 AM
Banglalink providing fastest internet
Banglalink, the third largest mobile network operator in Bangladesh, now provides the fastest internet connection speed while state-run Teletalk continues to be the worst data service provider in the country, according to a global speed test report.
23 January 2023, 04:00 AM
Creating more qualified accountants need of the hour
Bangladesh needs to generate more accounting professionals to meet the growing demand for qualified accountants in a bid to facilitate the faster growth of the economy, said a noted chartered certified accountant.
23 January 2023, 03:30 AM
Bangladesh moves up 14 notches
Bangladesh has advanced 14 spots in the Global Innovation Index (GII) 2022 in a major stride but it still lags behind some of its innovative peers.
15 January 2023, 02:00 AM
Mobile phone subscriber numbers decline
The country’s mobile subscriber base witnessed a decrease in November last year as top operator Grameenphone lost a big chunk of customers due to a SIM sales ban.
12 January 2023, 04:00 AM
OTT Regulation: Revised draft bans a whole lot of content
The information ministry yesterday submitted to the High Court a revised draft law on regulating the content of Over-The-Top (OTT) platforms.
9 January 2023, 01:00 AM