Broadband, smartphones, laptops to cost more
With prices of mobile phones and broadband internet set to go up in the next fiscal year, the proposed budget would not be favourable to further development of the ICT sector, experts have said.
9 June 2022, 18:00 PM
Tech giants must submit income tax returns
Tech giants such as Google or Meta (Facebook) will have to submit income tax returns from next fiscal year.
9 June 2022, 10:49 AM
Turnover tax for start-ups to be slashed
The government today proposed cutting the turnover tax for start-ups to 0.1 per cent from the current 0.6 per cent in the next fiscal year.
9 June 2022, 10:33 AM
Mobile handsets to be costlier
The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.
9 June 2022, 09:29 AM
Shanta Lifestyle to offer one-stop interior solution
People often get confused about how they will design their homes to embody an aesthetically pleasing environment and where they will find items of brands they desire.
9 June 2022, 05:00 AM
New VAT likely for handsets, internet
The government is likely to hike value-added tax (VAT) on broadband internet and impose a 5 per cent VAT on handsets manufacturing in the upcoming budget, which will increase handset and internet prices from next fiscal year.
7 June 2022, 03:30 AM
Mercantile Bank puts sustainability at heart for growth
Mercantile Bank Ltd has targeted sustainable long-term business growth as part of its plans to become the top financial institution in Bangladesh in terms of sustainability, said its top executive.
3 June 2022, 06:00 AM
Mobile subscribers up in April, internet users drop
The number of mobile network subscribers in Bangladesh rose for three consecutive months to reach an all-time high in April while internet usage slipped that same month.
31 May 2022, 06:30 AM
Govt, BB steps well-timed
Bangladesh’s recent austerity and regulatory measures aimed at curbing non-essential imports, suspending the implementation of projects with high import components and cancelling the foreign tours of officials will send a positive signal to the market and the economy, according to economists.
27 May 2022, 09:00 AM
48% mobile phone customers in Bangladesh have a smartphone
Smartphone penetration in Bangladesh is fast approaching 50 per cent as the coronavirus pandemic has accelerated the adoption of digital technologies to work, study and find entertainment using smart devices.
25 May 2022, 03:00 AM
Foodpanda looks to tap growth opportunities
When the coronavirus pandemic hit Bangladesh in 2020, food delivery platform foodpanda accelerated its expansion to establish its footprint across the country as demand rose.
24 May 2022, 04:30 AM
Job postings online skyrocketing
Online job postings have continued to be made in large numbers in the past eight months since September last year, sometimes even surpassing pre-pandemic levels, seeking manpower in garments, marketing, IT and logistics as fears over the virus subsided.
19 May 2022, 03:30 AM
Govt to open up submarine cable business to private firms
Private companies in Bangladesh are set to get licences to establish, maintain and operate submarine cables, in a shift that will break the state monopoly and pave the way for a smooth supply of bandwidth amid a surge in internet use.
11 May 2022, 18:00 PM
Internet users rise in March
The number of internet users in Bangladesh rose in March thanks to increased usage of both mobile data and broadband services for educational, entertainment and professional purposes amid the improving Covid-19 situation.
8 May 2022, 18:00 PM
Eid boosts battered tourism: Hotels doing brisk business
Hotels and resorts in tourist destinations across Bangladesh are enjoying brisk business thanks to the long holiday afforded by most industries in the current festival season centring Eid-ul-Fitr as they look to partially recover pandemic-induced losses.
7 May 2022, 18:00 PM
MFS providers in a costly battle for supremacy
Mobile financial service (MFS) providing companies are spending big in the form of cashbacks on purchases made during the ongoing Eid sales season as they are fighting a costly battle for digital payment supremacy in the country.
30 April 2022, 18:00 PM
Higher tax barrier to digital inclusion
Taxes and fees as a percentage of mobile sector revenues in Bangladesh are more than double the Asia Pacific average, subsequently leaving a negative impact on access and use of mobile technology, says a GSMA report released yesterday.
27 April 2022, 18:00 PM
Internet data caps, time limits to go soon
Mobile users in Bangladesh are set to avail data without expiry date and monthly limitless data, which will allow them to use internet to work, communicate, study, and find entertainment to their heart’s content.
26 April 2022, 18:00 PM
No limit on number of MFS transactions
Digital transactions in the country are set to get a boost as Bangladesh Bank has allowed customers to make an unlimited number of transactions through mobile financial services (MFSs).
25 April 2022, 18:00 PM
Eid sales poised to surpass pre-pandemic levels
Broad smiles have finally returned to the faces of millions of Bangladesh’s retailers as shoppers have flocked to markets to complete their Eid shopping since the beginning of Ramadan.
21 April 2022, 18:00 PM