The number of mobile subscribers in Bangladesh continued to grow for a second month in February on earlier falling for several months, with all but Teletalk displaying a solid performance.
Bangladesh has set its target to go beyond becoming a digitalised nation and so it needs to ensure proper policy framework to realise its “Smart Bangladesh” vision, said Vivek Sood, joint acting group chief executive officer of Axiata Group
From locally manufactured televisions and printed circuit boards to jeans made out of jute, a diverse range of products are being displayed by Bangladeshi companies at Bangladesh Business Summit 2023 to attract foreign clients.
Women entrepreneurs are playing a vital role in keeping Bangladesh’s digital commerce segment buoyant using their skills and resilience, giving a much-needed fillip to a sector reeling under crisis because of plummeting sales, scams and unprecedented inflation.
The mobile subscriber base in Bangladesh saw a slight growth in January this year compared to that a month earlier, with Banglalink continuing to showcase a strong performance in expanding coverage.
Robi Axiata Ltd is keen to remain a catalyst for local startups through its digital entrepreneurship programme, r-ventures, as the second-largest operator is optimistic about Bangladeshi talents to solve real-life problems, its chief executive officer said.
Some youths were experiencing immersive and interactive environments of augmented and virtual reality with headsets, some were amazed to see a simulation that a robot can rescue the people trapped in a collapsed building, while others were competing with each other in virtual tournaments.
The higher earnings were driven by the shipment of computer data-processing and hosting services, which cover most business process outsourcing and IT-enabled services
The smartphone market in Bangladesh witnessed a double-digit decline for the first time in seven years in 2022 while the feature phone market grew slightly at the same time, according to the latest Market Monitor report by Counterpoint Research.
Local software and IT-enabled service companies will display their technological advancement and look to attract local and global clients at the BASIS SoftExpo 2023 as Bangladesh plans to raise IT exports to $5 billion by 2025 and become a smart nation in two decades.
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.
Grameenphone is poised to get the ban on its SIM sales lifted as the telecom minister yesterday expressed satisfaction about the country’s leading mobile operator’s service quality.
Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year.
For Bangladesh, June 25, 2022 was a momentous day. But for Grameenphone, it is panning out to be a ruinous day.
Although many countries have already shut down 3G, the third generation of wireless mobile telecommunications technology, or announced phase-out plans, Bangladesh is yet to set a specific deadline as a chunk of customers still use it.
Pickaboo, a platform specialising in selling mobile, gadget and electronics, has raised $1.5 million a in pre-series A round from local and international investors.
The number of mobile phone subscribers in Bangladesh picked up in October snapping a four-month decline thanks to the stellar performance displayed by Banglalink.
The government has retreated from its decision to develop a portion of Bangabandhu Hi-Tech City in Gazipur’s Kaliakoir on a public-private partnership (PPP) model due to lukewarm response from developers.
Transactions through mobile financial services (MFS) rebounded in October following a few months of decline thanks to a rise in government disbursements, cash-out and utility bill payments.
With the aim of catering to the growing local market and diversifying the country’s export basket, Akij Group invested more than Tk 1,000 crore in setting up a plant to produce films for packages.
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.
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.
The number of internet subscribers in Bangladesh, including those using mobile internet, fell in the three months to October while the growth in broadband connections flattened.
The woes of the mobile manufacturing industry in Bangladesh continues as the slowdown in sales has persisted for the last eight months amid higher consumer prices.
Private companies are spearheading Bangladesh’s growth with their energy and optimism, putting the economy on a path to cross the $1-trillion mark by 2040, according to a top global consulting firm.
The cost of Bangladesh’s third submarine cable project is set to increase by 52.23 per cent as double the bandwidth capacity is being availed while dollar prices are soaring.
The telecom regulator has allowed Grameenphone to sell 78,000 SIMs to the army, police and other government and corporate customers, more than four and a half months after the operator was ordered to stop selling new SIMs.
The entry of mobile network operators Grameenphone and Robi Axiata, which was then Aktel, in 1997 was a watershed moment for Bangladesh as the country embraced Global System for Mobile Communications (GSM) technology, the second-generation digital cellular network used in mobile phones worldwide.
Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.
Transactions through mobile financial services (MFS) dropped for a second month consecutively in August as the festival season started to flatten amid the economic downturn.
Many Facebook-based platforms, which have sprouted in Bangladesh since the beginning of the coronavirus pandemic, are struggling to survive owing to the spike in raw material prices and decline in sales amid the global economic downturn.
She took advance payment from customers luring them with hefty discounts and then purchased a plot and flat with over Tk 9 crore. Her relatives also purchased property with the customers’ money.
The telecom infrastructure industry is bracing for the technology of the future as it has already made significant progress in this regard and is ready to make the leap to 5.5G, which promises ten-times faster performance than 5G.
An unmanned oil drilling site being operated remotely using 5G technology, a live boxing match using a virtual reality headset with ultra-low latency and high bandwidth of 5G and control of robots in real-time -- these demonstrations marked the first day of Huawei’s two-day 13th Global Mobile Broadband Forum in Bangkok.
Agroshift, a Bangladeshi agri-tech that enables businesses to source directly from farmers, has announced it has raised $1.8 million in funding, making it the largest-ever pre-seed round for any startup in the country.
The growth of broadband internet subscribers in Bangladesh has flattened in the last three months as both individual and corporate users have moved to cut their bills to deal with soaring inflation.
Bangladesh’s IT industry needs government support to aggressively promote local entrepreneurs’ prowess among global clients, said Russell T Ahmed, president of the Bangladesh Association of Software and Information Services (BASIS).
Information technology exports from Bangladesh crossed a major mark in the last fiscal year as local firms and freelancers earned more than half a billion US dollars for the first time from external sources.
The number of mobile subscribers in the country continued to slide in August after the regulator banned Grameenphone from selling new SIMs at the end of June citing its failure to provide quality service, including incurring excessive call drops.