Poor mobile network in busy Ctg areas

Customers of different mobile network operators at a public hearing yesterday reported that their daily communication was being hampered due to poor coverage in busy areas in the port city of Chattogram, including GEC and Foy’s Lake. 
9 December 2022

IT firms grapple with unskilled labour force

IT firms are struggling to find skilled tech talents and professionals despite higher demand for information technology services from local and global clients, a situation that threatens their expansion and could shatter Bangladesh’s export ambition for the sector.
9 December 2022

PPP investment far lower than required

Despite having a strong emerging regulatory framework and a relatively mature market, public-private partnership (PPP) projects in Bangladesh have attracted far lower investments than requirements owing to implementation challenges, lack of long-term financing, and dated laws.
9 December 2022

NBR to expedite transition to automated VAT

The revenue authority is going to take initiative to expedite the full transition to an automated VAT system, which is yet to be done even though one-and-a-half-years have passed since it finished the much talked-about VAT Online Project.
8 December 2022

Merchants using eCourier to get instant payments on delivery

Online parcel delivery platform eCourier has launched an InstaPay payment service, enabling e-commerce and F-commerce sellers to get payments right after their products reach customers. 
8 December 2022

Tk 1,742cr deals signed with eight companies

The Roads and Highways Department (RHD) yesterday signed three separate contracts worth Tk 1,742.74 crore with eight foreign and local companies over a Dhaka-Sylhet highway expansion project. 
8 December 2022

Sonali Bank gets new DMD

Sonali Bank has appointed a deputy managing director (DMD) recently. 
8 December 2022

FBCCI seeks UK partnership for technology transfer

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the UK for technology transfer and supply chain development to ensure smooth graduation of Bangladesh from the least developed country (LDC) category.
8 December 2022

Yeakin Polymer’s loss extends in FY22

Yeakin Polymer Limited suffered a loss of Tk 5.23 crore in the financial year that ended on June 30.    
8 December 2022

Stocks fall for low investor confidence

Turnover on the Dhaka Stock Exchange (DSE) slipped below Tk 300 crore for the second time in three days yesterday as investors’ confidence level received a blow because of the rising political tension in the country.
8 December 2022

BB tightens rules for banks’ car purchase

Banks would able to replace cars and other vehicles used by their chairmen and chief executive officers and the lenders with new ones if they are at least eight years old, said the central bank on Wednesday.
8 December 2022

Sonali Aansh plunges 45% on bonus adjustment

Stocks of Sonali Aansh Industries plunged 45 per cent to Tk 434 in a day yesterday, a rare incident for the market. 
8 December 2022

Digital transformation: the term mostly abused

I had the privilege of working with a good number of high-tech wizards in a recent event where I found most of the chief technology officers (CTOs) are upset that the IT budget has been slashed due to the looming economic uncertainties and the ensuing challenges in the banking sector.
8 December 2022

Govt on right track to build sustainable economy: Ficci president

The measures the government has taken will allow Bangladesh to remain on right track towards building a sustainable and steady economy amid deteriorating global conditions, said Naser Ezaz Bijoy, president of the Foreign Investors’ Chamber of Commerce and Industry (Ficci).
8 December 2022

Germany commits fresh 191 million Euro grant for Bangladesh

Germany has made commitments of extending another 191 million Euro in grant to Bangladesh at the latest round of Bangladesh-German Development Cooperation Negotiations 2022.
8 December 2022

FBCCI seeks UK partnership for technology transfer

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the UK for technology transfer and supply chain development to ensure smooth graduation of Bangladesh from the least developed country (LDC) category.
8 December 2022

Stocks fall for rising political tension

Turnover on the Dhaka Stock Exchange (DSE) slipped below Tk 300 crore for the second time in three days today as investors’ confidence level received a blow because of the rising political tension in the country.
8 December 2022

Sirajganj backwater turns into blanket-making hub

Taravanu Begum, a middle-aged woman in Paikartoli village in Sirajganj’s Kazipur upazila, lost her homestead to river erosion and was compelled to take shelter at the flood protection embankment area a few years ago.
8 December 2022

Summit: a major player in ICT infrastructure

When one talks about Summit Group, it should come as no surprise that the conglomerate has solidified its position in Bangladesh’s power industry while its chairman, Muhammed Aziz Khan, has been listed by Forbes as one of the richest men in Singapore.
8 December 2022

Leather goods export to hit $10b by 2030: Munshi

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said yesterday.
7 December 2022