Computer services export on the rise
Computer services export from Bangladesh is rising in sync with global demand for data processing, hosting and consultancy services as many people are working from home while companies are outsourcing amidst the lingering coronavirus pandemic.
9 August 2021
Govt to build Tk 1,511cr solar power plant
The government is going to set up the country’s biggest solar power plant in Madarganj upazila of Jamalpur, in a move to raise the share of renewable energy in total power generation to 10 per cent by 2025.
9 August 2021
Broadband Internet: User number hits 1cr milestone
The number of broadband internet connections has surpassed the 1 crore mark in June for the first time as a vast number of people now rely on the internet due to the pandemic which propelled work from home practices and remote learning.
31 July 2021
Online sales growth slows
The high-flying growth of the e-commerce sector of Bangladesh has slowed in recent months, largely because of disrupted supply chains caused by strict lockdown and tightening of belts by consumers.
31 July 2021
Jamuna to inject up to Tk 1,000cr into Evaly
Industrial giant Jamuna Group is going to invest up to Tk 1,000 crore in beleaguered e-commerce platform Evaly.
27 July 2021
Pandemic proves a boon for IT freelancers
Like a million others, Ridoy Saha was rendered unemployed within weeks after Bangladesh introduced a nationwide lockdown in March last year to limit the spread of coronavirus.
26 July 2021
Fewer cattle sacrificed this Eid too
The number of cattle sacrificed on the occasion of Eid-ul-Azha dropped for the second year as the ongoing second wave of coronavirus cases and the growing economic costs of the pandemic dampened the spirit of the religious festival.
24 July 2021
India’s crackdown on cattle smuggling a boon for Bangladesh
After failing to get a desired government job, Jakaria Lenin, an English literature graduate in Tangail, set up a cattle farm about 11 months ago.
19 July 2021
Chorus of complaints about e-commerce firms
Customers filed a staggering 13,317 complaints against top e-commerce, ridesharing, food delivery platforms, and Facebook-based businesses in Bangladesh in the last three fiscal years, official figures showed.
17 July 2021
More credit at hand to buy digital devices
The Bangladesh Bank yesterday eased rules to make more credit available for consumers to buy digital devices with a view to accelerating digitalisation and narrowing the digital divide.
12 July 2021
Online cattle sales boom
With Eid-ul-Azha just over a week away, online sales of sacrificial animals are rapidly snowballing as government agencies and e-commerce platforms have partnered up to lure customers into digital cattle markets amid the ongoing coronavirus pandemic.
11 July 2021
Stimulus For Small Businesses, Farmers: Public agencies fail to disburse whole fund
Government and semi-government agencies failed to disburse the entire Tk 570 crore earmarked for the pandemic-hit small traders, entrepreneurs and farmers for the last fiscal year under a stimulus package.
10 July 2021
Despair mounts for the debt-trapped
Debt-ridden micro-businesses and informal workers in Bangladesh are staring at new economic distress as incomes evaporated because of the ongoing strict lockdown, which could impose an additional financial burden on them and deepen their plights.
8 July 2021
Kamal seeks additional assistance from ADB
Just a day after parliament passed the budget, Finance Minister AHM Mustafa Kamal yesterday sought an additional assistance from Asian Development Bank (ADB) as the government looks to use a record amount in foreign aid in fiscal 2021-22.
1 July 2021
Online cattle sales to pick up the slack
Online cattle sales in the run-up to Eid-ul-Azha are expected to accelerate as the raging coronavirus infections would compel the government to whittle down the number of makeshift markets allowed each year to sell sacrificial animals.
29 June 2021
Rules afoot for online consumer protection
The commerce ministry will publish a guideline for e-commerce platforms next month to protect the rights of online shoppers, curb anomalies on payments and refund, and ensure timely delivery.
23 June 2021
Midland Bank riding on digital tech for steady growth
Eight years ago, Midland Bank Ltd set out with a vision to become a bank for the masses riding on technology and reaching the unbanked in the hinterland.
19 June 2021
Uber halts CNG service just after launch
Uber suspended its CNG-run auto-rickshaw service in Dhaka soon after its rollout, citing “mechanical faults.”
10 June 2021
Govt data on economy contradicts reality
Private sector credit growth has been sluggish, capital machinery imports declined, and industrial production grew slower in the outgoing fiscal year than a year ago.
7 June 2021
Focus shifting from power generation to transmission
The government has shifted its focus from power generation to transmission and distribution as the sector is struggling with overcapacity even though consumers are yet to receive a credible supply of electricity.
5 June 2021