Black money holders get amnesty
Parliament yesterday approved a provision that will allow black money holders to legalise their undisclosed wealth without any scrutiny by paying a 15 percent tax, disregarding widespread condemnation from various quarters.
29 June 2024, 18:00 PM
BTRC going for AI-based call centre
The telecom regulator has decided to introduce an artificial intelligence (AI)-based customer relationship management system and increase the capacity of its call centre in a bid to resolve customers' complaints fast and efficiently.
27 June 2024, 18:00 PM
Foreign debt costs to spiral
Bangladesh’s interest payments on external borrowing are projected to soar by 65 percent within three years due to rising global interest rates and an expanded foreign loan portfolio, which will put further pressure on the dwindling foreign currency reserves.
26 June 2024, 18:00 PM
Startups neglected in proposed budget
The proposed budget for fiscal year 2024-25 offered no relief to startups and neglected their long-standing demands, in sharp contrast with the government’s vision for a Smart Bangladesh, where startups are key economic drivers.
25 June 2024, 18:00 PM
IT exports decline in July-March
Bangladesh’s IT exports declined in July-March of the current financial year, highlighting the country’s struggle to gain a foothold in the global information and communications technology sector.
23 June 2024, 18:00 PM
Mobile internet subscriber numbers witness big jump in April
The mobile internet subscriber base in Bangladesh witnessed a massive growth in April, increasing by 39 lakh, marking the biggest jump in recent years.
20 June 2024, 18:00 PM
Blow for private economic zones, hi-tech parks as tax benefits go
Currently, investors in the EZs and hi-tech parks qualify for a tax break for a decade starting from the first year of their operations. They are entitled to a full tax waiver in the first three years.
11 June 2024, 00:16 AM
Experts divided on 5G necessity
Experts are split on the necessity of rolling out 5G in Bangladesh due to several critical issues.
7 June 2024, 18:00 PM
5G technology remains a pie in the sky. Why
Is 5G merely a vanity, just another technology that offers nothing extraordinary? Or has it emerged as a central cog in transforming the digital space by resolving issues related to low speed and latency?
7 June 2024, 18:00 PM
Mobile internet, talktime to be costlier
The government has hiked the supplementary duty on mobile top-ups alongside VAT on SIM cards, pushing up costs that will be incurred by mobile and internet users, which will inevitably put a financial strain on access to essential services.
6 June 2024, 18:00 PM
‘New law may dent BTRC’s autonomy’
The government will have the power to set the terms of removal and resignation of the commissioners of the telecom regulator, according to a draft law.
5 June 2024, 18:00 PM
Regulator, GP holding talks over Tk 6,000cr late fees
The telecom regulator and Grameenphone have initiated negotiations regarding late fees of around Tk 6,000 crore based on an audit claim, as both parties seek an out-of-court settlement on the matter.
4 June 2024, 00:13 AM
Meta to deal directly with advertisers in Bangladesh
The development has created panic among businesses as they apprehend difficulties in ensuring compliance with VAT and tax regulations when advertising directly with Meta.
31 May 2024, 00:08 AM
Allocation for interest payments to rise 38%
The allocation for interest payments of domestic and foreign loans will likely increase by 38 percent to Tk 129,000 crore in the upcoming budget due to a significant hike in the cost of borrowing from both sources
29 May 2024, 03:38 AM
Cyclone disrupts 10,000 telecom towers, millions out of service
Power outage due to cyclone Remal has caused over 10,000 mobile towers or base transceiver stations (BTS) to go out of service, affecting the mobile and internet services of millions of people in the southern districts
27 May 2024, 08:18 AM
Mobile operators allowed to pay spectrum fee in taka
The telecom regulator has decided to allow mobile phone operators to pay spectrum acquisition fees in the local currency, a relief for them as the US dollar has become costlier to a large extent.
25 May 2024, 18:00 PM
AI starts to replace entry-level IT jobs in Bangladesh
It was a pretty good project for SkyTech Solutions for the last few years: generating earnings of $8.5 per hour for each of over 50 people.
21 May 2024, 01:00 AM
Internet subscriber base sees massive boost
The number of internet subscribers in Bangladesh spiked by a massive 43.5 lakh in March, the biggest jump in recent years, with mobile data users making up a bulk of the new customers.
19 May 2024, 01:30 AM
Women still lag in mobile ownership, internet adoption
Women in Bangladesh are lagging behind men in both mobile ownership and mobile internet adoption, with gender gaps of 20 percent and 40 percent respectively, representing a significant disparity in digital access, according to a global report.
18 May 2024, 18:05 PM
Homegrown apps fail to take off
While it is not an uncommon sight to see people typing messages in Bangla on their smartphones, the familiar colours and user interface make it obvious that they are not using communication apps belonging to local companies.
17 May 2024, 18:00 PM