Laws inadequate to protect rights of e-commerce customers
Existing laws need to be amended while new ones formulated to establish a robust system of clear, enforceable rules creating obligations on e-commerce platforms to adhere to a set of uniform rules on payment and delivery.
19 September 2021, 18:00 PM
State enterprises’ profit drops 21pc
The profits of state-owned enterprises plummeted in the last fiscal year as their incomes took a beating from the economic downturn caused by the coronavirus pandemic.
19 September 2021, 18:00 PM
Contactless cards gaining traction amid Covid, digital push
Banks and non-banks are increasingly introducing contactless credit cards in Bangladesh as the tap-and-pay technology allows users to make payments digitally and avoid close contact with the staff of stores during in-person purchases.
15 September 2021, 18:00 PM
Suffering lingers for duped e-commerce customers
Md Nabid Rahman, employed at a private company in Dhaka, made a payment of Tk 12.5 lakh to e-commerce platform Dhamaka in March for two motorcycles and other products which were on offer at hefty discounts.
13 September 2021, 18:00 PM
Customers suffer as Nagad blocks accounts alleging suspicious transactions
A number of customers of Nagad have alleged that they were facing troubles in carrying out transactions on their accounts as the mobile financial service provider has suspended them on suspicion of unusual transactions with e-commerce platforms.
7 September 2021, 18:00 PM
ShopUp raises $75m in investment
The country’s largest business-to-business (B2B) e-commerce platform, ShopUp, yesterday said it raised $75 million or nearly Tk 640 crore in its latest round of fund-raising as it looks to ramp up its operation by bringing small neighbourhood groceries and small retail shops online.
7 September 2021, 03:14 AM
Consumer complaints rising
Rights violations have compounded sufferings of consumers in Bangladesh, with the number of complaints rising a staggering 61 per cent in the span of a year.
5 September 2021, 18:00 PM
Tourism coming out of woods
Business of hotels and resorts in tourist destinations is rebounding slowly as the Delta Covid-19 variant and dengue have turned customers very cautious over whether they would go on holidays.
26 August 2021, 18:00 PM
Autogas use on the way up
The number of refuelling stations for liquefied petroleum gas (LPG) or autogas and its consumption are growing fast with the big LPG players ramping up their operations as the government looks to cut dependency on other fossil fuels.
25 August 2021, 18:00 PM
Hi-tech relief from perennial pain
Getting her period at work has always made garment worker Roksana Aktar uncomfortable.
23 August 2021, 18:00 PM
Women more into mobile internet
Women in Bangladesh have increased and diversified their use of mobile internet services ever since the Covid-19 outbreak began as social distancing restrictions in particular have led to a rise in video calls, social media use and viewing of online videos, according to a survey.
22 August 2021, 18:00 PM
Evaly’s liabilities Tk 543cr, higher than BB finding
Beleaguered e-commerce platform Evaly, which faces inquiries by the government, said its liabilities to customers and merchants stood at Tk 543 crore as of mid-July, which is 35 per cent higher than the amount found by an initial probe of Bangladesh Bank.
19 August 2021, 18:00 PM
City Group to build Tk 5,000cr hi-tech park
City Group, one of the country’s leading consumer goods processor and manufacturer, is to going to build a hi-tech park investing Tk 5,000 crore to manufacture technology products such as microprocessors, chips, circuits, mobile phones and laptops.
19 August 2021, 18:00 PM
‘Evaly has Tk 544 crore in liabilities'
Evaly has a liability of Tk 542 crore to its customers and merchants, a top official of the commerce ministry said today.
19 August 2021, 13:06 PM
Pran now will sell fried chicken
Top food processor Pran is planning to grab a big share of the country’s fast food market with a retail chain focusing on selling fried chicken defying the gloom of the pandemic.
18 August 2021, 18:00 PM
Credit card use hits record high
Spending through credit cards hit an all-time high in June thanks to the acceleration of digital payments on e-commerce platforms amid the ongoing coronavirus pandemic.
15 August 2021, 18:00 PM
Govt plans 5G for Dhaka this year
The government is undertaking a project involving about Tk 200 crore to roll out fifth-generation or 5G mobile network on a limited scale in Dhaka by the end of this year.
10 August 2021, 18:00 PM
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, 18:00 PM
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, 18:00 PM
Tk 2,140cr project to revive Teletalk
The government is set to give a lifeline to Teletalk as the loss-making mobile phone operator looks to make a turnaround by winning customers through modernisation, network expansion and the launch of 5G technology.
9 August 2021, 18:00 PM