Mahmudul Hasan

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. 

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.

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.

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”.

Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group

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. 

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.

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. 

Business-to-business (B2B) startup ShopUp yesterday announced that it had secured $30 million in debt financing from both local and global lenders. 

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.

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.

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.

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.

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.

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.

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. 

The information ministry yesterday submitted to the High Court a revised draft law on regulating the content of Over-The-Top (OTT) platforms.

Basmati kachchi and biryani were food items sought the most from the country’s top food delivery platforms on December 31 during celebrations of New Year’s Eve. 

Consumers in Bangladesh are increasingly switching to comforters, quilts and blankets from traditional duvets in order to stay warm throughout the chillier winter nights and amid a change in lifestyle, drawing a substantial investments and big companies to the segment.

The internet subscriber base in Bangladesh has been on a downward curve for four months till November last year due to a sharp drop in the number of mobile internet users.