Telecom & Computer Technology

Bangladesh Telecommunication Regulatory Commission (BTRC) recently cancelled the licences of 14 internet service providers (ISPs) after they failed to renew their licences within the specified time. The telecom regulator directed the ISPs to surrender their licences to the commission within 10 days, according to the BTRC documents. The ISPs are …

Jatri, the preeminent platform for mass mobility in Bangladesh, has successfully raised an oversubscribed Series A investment round led by SBK Tech, a Singapore-based Venture capital fund along with participation from notable global investors, including ALSA, Genting Ventures, DVC, and Doha Tech Angels, among others. In addition, existing investors such …

Nagad, a leading mobile financial service provider in Bangladesh, has decided to stand by Bangabazar traders who lost their livelihoods to a massive fire incident. Tanvir A Mishuk, managing director of Nagad Limited, has declared that Nagad will donate all earnings from the ongoing mega campaign to help the fire-hit …

Although the number of mobile financial service (MFS) accounts has grown in Bangladesh, the ratio of accounts held by women is falling, which, analysts say, is not desirable as increased participation of female is necessary for digital financial inclusion and gender equality. Bangladesh Bank data showed that the number of …

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. Overcoming many odds, thousands of women entrepreneurs in Bangladesh who started their businesses …

Information technology exports from Bangladesh shot up 36 per cent in the first half of the current financial year, beating expectations of industry players as the local IT industry showed resilience against the global economic turmoil. IT companies brought home $282.77 million in the July-December period of 2022-23, up from …

State Minister for ICT Zunaid Ahmed Palak has urged Japanese IT entrepreneurs to invest more in Bangladesh, taking the opportunity of the country’s “competitive strengths and policy incentives”, reports UNB. He was speaking at the webinar “Investment Opportunities in Hi-Tech Parks in Bangladesh” hosted by the Embassy of Bangladesh in …

Yotta Data Services – the data center and cloud services arm of India’s Business Conglomerate Hiranandani Group and the operator of Asia’s largest Uptime Institute Gold Operations-certified Tier IV data center – has announced an investment of over Tk2000 crore ($150 million) to develop a Hyperscale Data Center Park in …

Despite local and global uncertainty, Bangladesh’s expanding ICT sector did rather well in 2022. ICT exports from the country reached record highs last year as a result of businesses in the sector receiving an increasing number of orders from international customers for software, data processing, and IT-enabled services (ITES). Export …

People can now pay all fees of Bangladesh Road Transport Authority (BRTA) in the comfort of their home through Nagad – a mobile financial service of Bangladesh Postal Department. To this end, an agreement was recently signed between Nagad and Computer Network Systems (CNS) Limited, a digital payment service provider …