Money transfer across MFS platforms finally a reality
Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.
14 November 2022, 02:10 AM
Transactions thru MFS drop for second month
Transactions through mobile financial services (MFS) dropped for a second month consecutively in August as the festival season started to flatten amid the economic downturn.
10 November 2022, 03:20 AM
F-commerce plagued by three-pronged crisis
Many Facebook-based platforms, which have sprouted in Bangladesh since the beginning of the coronavirus pandemic, are struggling to survive owing to the spike in raw material prices and decline in sales amid the global economic downturn.
4 November 2022, 02:10 AM
E-orange founder, her relatives bought assets with customers’ money
She took advance payment from customers luring them with hefty discounts and then purchased a plot and flat with over Tk 9 crore. Her relatives also purchased property with the customers’ money.
3 November 2022, 02:10 AM
Global telecom infrastructure industry getting ready for 5.5G
The telecom infrastructure industry is bracing for the technology of the future as it has already made significant progress in this regard and is ready to make the leap to 5.5G, which promises ten-times faster performance than 5G.
27 October 2022, 03:20 AM
Bangkok broadband forum flaunts 5G might
An unmanned oil drilling site being operated remotely using 5G technology, a live boxing match using a virtual reality headset with ultra-low latency and high bandwidth of 5G and control of robots in real-time -- these demonstrations marked the first day of Huawei’s two-day 13th Global Mobile Broadband Forum in Bangkok.
26 October 2022, 02:50 AM
Agritech startup Agroshift raises $1.8m
Agroshift, a Bangladeshi agri-tech that enables businesses to source directly from farmers, has announced it has raised $1.8 million in funding, making it the largest-ever pre-seed round for any startup in the country.
26 October 2022, 02:20 AM
Broadband internet user growth hits a plateau
The growth of broadband internet subscribers in Bangladesh has flattened in the last three months as both individual and corporate users have moved to cut their bills to deal with soaring inflation.
23 October 2022, 02:20 AM
Aggressive IT export campaign urgent with govt support
Bangladesh’s IT industry needs government support to aggressively promote local entrepreneurs’ prowess among global clients, said Russell T Ahmed, president of the Bangladesh Association of Software and Information Services (BASIS).
18 October 2022, 02:40 AM
IT exports cross half a billion-dollar mark
Information technology exports from Bangladesh crossed a major mark in the last fiscal year as local firms and freelancers earned more than half a billion US dollars for the first time from external sources.
16 October 2022, 02:10 AM
Mobile subscriber base erodes on GP SIM ban
The number of mobile subscribers in the country continued to slide in August after the regulator banned Grameenphone from selling new SIMs at the end of June citing its failure to provide quality service, including incurring excessive call drops.
13 October 2022, 02:40 AM
Basic digital skills sought in 9 out of 10 jobseekers
Employers in Bangladesh required nine out of the last 10 jobseekers they hired in the past five years to possess at least basic digital literacy and skills, found an Asian Development Bank (ADB) and LinkedIn survey.
9 October 2022, 02:50 AM
Now e-commerce falls prey to soaring inflation
Bangladesh’s e-commerce platforms have been witnessing a drop in sales in recent months due to high inflation and rising delivery costs.
5 October 2022, 02:40 AM
Creating jobs, bringing home dollars
The outsourcing of graphic designing and image editing holds great promise for Bangladesh as many are already earning foreign currencies riding on the boom in digital businesses worldwide.
5 October 2022, 02:10 AM
Telecom, internet disrupted
The failure of the national power grid caused disruptions to telecommunication and internet services in parts of the country yesterday.
4 October 2022, 18:00 PM
Wholesale, retail sectors yet to fully recover
Wholesale and retail establishments that saw their business crippled by Covid-19 may have enjoyed some recovery alongside the return to economic normalcy but the ongoing Russia-Ukraine war now threatens to offset their gains amid global inflationary pressure.
29 September 2022, 02:50 AM
Compensation for every call drop on cards
Bangladesh Telecommunication Regulatory Commission (BTRC) is formulating a new rule to enable customers to receive compensation for every call drop suffered, albeit a maximum of seven a day.
26 September 2022, 02:20 AM
Probe Evaly couple for money laundering
The court-appointed board for Evaly called for an investigation of money laundering as vast sums of cash remain traceless in the controversial e-commerce platform’s accounts.
25 September 2022, 02:30 AM
How innovations are transforming banking in Bangladesh
The adoption of digital technology has significantly transformed Bangladesh’s financial sector in the last one-and-a-half decades, bringing millions under banking services that have even reached the village level.
24 September 2022, 18:00 PM
Audit fails to determine Evaly’s dues
Evaly’s creditors are unlikely to get their money back as there is no documentation at the controversial e-commerce platform’s end, making it difficult to verify who is owed what amount, found an audit into the company’s books commissioned by the court-appointed board.
24 September 2022, 02:00 AM