MFS providers in a costly battle for supremacy
Mobile financial service (MFS) providing companies are spending big in the form of cashbacks on purchases made during the ongoing Eid sales season as they are fighting a costly battle for digital payment supremacy in the country.
30 April 2022, 18:00 PM
Higher tax barrier to digital inclusion
Taxes and fees as a percentage of mobile sector revenues in Bangladesh are more than double the Asia Pacific average, subsequently leaving a negative impact on access and use of mobile technology, says a GSMA report released yesterday.
27 April 2022, 18:00 PM
Internet data caps, time limits to go soon
Mobile users in Bangladesh are set to avail data without expiry date and monthly limitless data, which will allow them to use internet to work, communicate, study, and find entertainment to their heart’s content.
26 April 2022, 18:00 PM
No limit on number of MFS transactions
Digital transactions in the country are set to get a boost as Bangladesh Bank has allowed customers to make an unlimited number of transactions through mobile financial services (MFSs).
25 April 2022, 18:00 PM
Eid sales poised to surpass pre-pandemic levels
Broad smiles have finally returned to the faces of millions of Bangladesh’s retailers as shoppers have flocked to markets to complete their Eid shopping since the beginning of Ramadan.
21 April 2022, 18:00 PM
China firm to implement Tk 3,975cr digital connectivity project
A Chinese company is set to implement a Tk 3,975 crore digital connectivity project that will equip Bangladesh with the latest ICT infrastructure, digitise government services and increase ICT usage at the field level.
20 April 2022, 18:00 PM
Businesses bashed by New Market brawl
Businesses based in Dhaka’s New Market area had to close down for most of yesterday due to a clash between students and traders, leaving them to face huge losses just one-and-a-half weeks ahead of Eid-ul-Fitr, the biggest sales season in Bangladesh.
19 April 2022, 18:00 PM
Digital sales take off as Eid nears
Sales on digital platforms have picked up in Bangladesh as people in droves are purchasing products online as part of their preparations to celebrate Eid-ul-Fitr.
18 April 2022, 18:00 PM
Cashless purchases picking up this Eid
Sales of lifestyle items, groceries, electronics and many other goods typically skyrocket during this festive season, particularly 15-days prior to Eid as people buy all manner of food and gifts as a part of the celebration.
11 April 2022, 18:00 PM
Walton doubles motherboard production
Walton has doubled its motherboard production capacity as the local technology giant looks to become savvier in high-tech and cut reliance on imports for advanced technologies.
9 April 2022, 18:00 PM
Paperfly secures Tk 102cr from Indian firm
Logistics-tech company Paperfly has confirmed Tk 102 crore new investment from Ecom Express, one of the leading tech-based e-commerce logistics solutions providers in India, as it looks to digitalise the local courier segment.
5 April 2022, 18:00 PM
How a youth popularised tech among ethnic groups
“Man is the maker of his own fate” is an old verse that rings true for Subir Nokrek, whose diligence, courage, and indelible passion for entrepreneurship helped him become the architect of not only his own destiny, but also that of others.
4 April 2022, 18:00 PM
Mobile operators buy Tk 10,645cr spectrum
The country’s four mobile phone operators bought 190 megahertz (MHz) of spectrum for $1.23 billion or Tk 10,645 crore yesterday, a development that could alleviate customers’ woes centring agonisingly low internet speeds and subpar voice services.
31 March 2022, 18:00 PM
Spectrum auction today
A crucial auction for spectrum bands that can support both fourth-generation (4G) and 5G technologies is set to take place in Dhaka today as the government looks to alleviate the sufferings of users stemming from the slower mobile internet speed.
30 March 2022, 18:00 PM
Banglalink strives to be a digital operator
Banglalink will make significant investments to transform itself from a traditional telecom operator to a digital one as a part of its effort to adapt to the changing nature of the industry.
26 March 2022, 18:00 PM
GP looks to max out 4G potential
Grameenphone aims to realise the full potential of the fourth-generation (4G) technology as the super-fast mobile telephony can support customers in their digitalisation journey, said Jorgen C Arentz Rostrup, chairman of the largest mobile phone operator in Bangladesh.
23 March 2022, 18:00 PM
Broadband connections make steady rise in Jan
Bangladesh has continued to witness a rise in the number of broadband connections with the severity of the pandemic waning remarkably while mobile operators have been losing internet subscribers in recent months.
21 March 2022, 18:00 PM
Ponzi schemes brought them Tk 6,050cr in just 4 months
Twenty-five controversial e-commerce platforms in Bangladesh were deluged with orders worth a staggering Tk 6,050 crore in just four months last year under Ponzi-like schemes that lured unsuspecting customers on the back of hefty discounts.
16 March 2022, 18:00 PM
Financial wellness platform Wagely raises $8.3m
Financial wellness platform Wagely has announced raising $8.3 million or Tk 71 crore in an oversubscribed pre-series A funding in an effort to scale up its operations in helping workers access their earned salaries on demand.
15 March 2022, 18:00 PM
Bangabandhu satellite-2: War casts uncertainty over timely launch
The timely launching of the country’s second satellite by a Russian company could face uncertainty amid sanctions imposed by the US and its allies to punish Moscow’s invasion of Ukraine.
9 March 2022, 18:00 PM