Idra issues guidelines for insurtech
The insurance regulator of Bangladesh has finalised a framework enabling tech startups to innovate insurance policies, their distribution and other related tasks.
16 August 2023, 18:00 PM
Digital nano loans gaining popularity fast
Around 1.6 lakh customers have so far taken the loan
15 August 2023, 13:07 PM
Card transactions hit all-time high
Transactions through cards hit an all-time high in June thanks to increased economic activities during Eid-ul-Azha as consumers enthusiastically embraced the spirit of the occasion by making purchases.
13 August 2023, 18:00 PM
Most MFS operators struggle in a booming market
In 2011 when mobile financial service (MFS) was introduced in Bangladesh, 27 banks took the approval from the central bank as many had correctly predicted an impending boom in mobile banking amid rising usage of cell phones.
8 August 2023, 00:00 AM
Banglalink to apply for digital banking licence
Mobile network operator Banglalink has decided to apply for a digital banking licence as it looks to leverage its vast pool of customers to serve a population increasingly using technologies to make and receive payments.
1 August 2023, 18:00 PM
SpaceX wants to launch satellite internet service in Bangladesh
SpaceX has expressed its intention to launch a satellite internet service called Starlink in Bangladesh as officials of the US-based company founded by Elon Musk yesterday met with two government entities to this end.
26 July 2023, 18:00 PM
Elon Musk's satellite company officials now in Dhaka
SpaceX's Starlink may sign a deal with ICT division
26 July 2023, 11:08 AM
Local handset making plunges
The grim scenario of the mobile manufacturing industry in Bangladesh continues to persist as local production plunged by half in the first six months of 2023, primarily due to the expanding grey market.
26 July 2023, 01:00 AM
23 July 2023, 11:47 AM
Bangladeshis use internet mostly for calls, social networking, news
Calls, social networking and news consumption dominate internet usage in Bangladesh amidst a scarcity of local and Bangla content.
23 July 2023, 00:00 AM
BB alerts banks of malware risks
Bangladesh Bank has recently alerted banks and non-bank financial institutions that they are at risk of cyberattacks and asked them to heighten their guard against malware and viruses.
18 July 2023, 18:00 PM
17 IIG operators fined Tk 45 lakh
Bangladesh Telecommunication Regulatory Commission (BTRC) has recently decided to fine 17 International Internet Gateway (IIG) service operators a total of Tk 45 lakh for violating rules, including under invoicing, not sharing revenue and changing share structures without prior approval.
18 July 2023, 18:00 PM
IT exports rising though growth decelerates
Information technology exports from Bangladesh grew in the July-April period of the just-concluded fiscal year on the bank of higher demand for IT-enabled services from global clients, official figures showed.
12 July 2023, 00:20 AM
Monthly mobile top-up thru MFS tops Tk 1,000cr for first time
Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through MFS providers.
10 July 2023, 00:50 AM
Yet another controversial law passes JS
For the second time in two weeks, a bill was passed in the parliament that has taken its relevant industry stakeholders by surprise and is now facing a pushback.
6 July 2023, 21:30 PM
Digital debacle
In 2012, the government took on a Tk 541 crore project to convert 8,500 post offices in rural areas to e-centres for the communities.
6 July 2023, 01:00 AM
Regulator asks Banglalink to clear Tk 823cr dues
The telecom regulator has instructed Banglalink to clear dues worth around Tk 823 crore after carrying out an audit into the mobile phone operator for the period from 1996 to 2019.
5 July 2023, 18:00 PM
Internet subscriber base sees growth for 4th month straight
The number of internet subscribers in Bangladesh rose by about 12 lakh in May from a month earlier thanks to an increase in the country’s mobile subscriber base.
5 July 2023, 00:45 AM
Essentials’ Price Spiral: Munshi’s comment exposes govt’s helplessness
The commerce minister’s recent admission that stern measures against market manipulators could create a sudden crisis has exposed the helplessness and lack of political will of the government, said three top economists and a consumers’ body.
27 June 2023, 18:00 PM
“We have created a large oligarch over the years like Russia. There is the existence of those oligarchs in every sector, including the commodity sector. We all know who they are.”
The commerce minister’s recent admission that stern measures against market manipulators could create a sudden crisis has exposed the helplessness and lack of political will of the government, said three top economists and a consumers' body.
27 June 2023, 16:05 PM