Development of human resources and more investment are needed to thwart cyber-attacks that have skyrocketed in Bangladesh in recent years, experts said yesterday. For that, a concerted effort and investment from the government, business and banks are needed to protect internet-connected networks, devices and data from unauthorised access and criminal …
Read More »MFS accounts go past 18cr mark
The mobile financial service (MFS) sector in Bangladesh has been on a tear, with the number of accounts surpassing the 18-crore mark for the first time in July. In the month, 18.11 crore users were registered with 13 MFS providers, up more than 16 per cent from 15.60 crore in …
Read More »NBR eases VAT rebate on payment of electricity bills through MFS
Businesses can now claim VAT rebates on the submission of invoices against electricity bills paid through mobile financial services (MFS). Earlier this month, the VAT department of the National Board of Revenue (NBR) issued a directive in this regard following the changes made by the government in the Financial Act …
Read More »BTRC to deactivate SIMs more than 15 against one NID card
The Bangladesh Telecommunication Regulatory Commission is going to deactivate additional subscriber identity modules, better known as SIMs, of those who have more than 15 registered SIMs against one national identity card soon. As per the recent BTRC decision, a subscriber is allowed to register maximum 15 SIMs against his or …
Read More »Robi partners with Teletalk and Summit towers for infrastructure sharing
Robi Axiata, Teletalk Bangladesh and Summit Towers have entered into a triparty agreement for sharing existing network infrastructure. Robi and Teletalk will be able to share their infrastructure in collaboration with Summit Tower as per infrastructure or tower sharing guidelines under the agreement, reads a press release. An agreement has …
Read More »Internet users rise in July
The number of internet users in Bangladesh rose in July on the back of a spike in mobile data consumption as operators try to expand their network and improve the quality of 4G service. There were about 14 lakh new data subscribers in the month compared to June, taking the …
Read More »Fund transfer among MFS distributors to become easy
Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays. The Bangladesh Bank yesterday issued a circular to this effect. Distributors of MFS providers face difficulties in securing e-money from banks against …
Read More »Colocity Limited is helping in the country’s digital transformation
Dell Technologies and Microsoft’s cloud service partner Colocity Limited have brought Microsoft Azure stack hub hybrid cloud “Colcity.Cloud” to the country for the first time to help the country’s businesses to digitally transform at the speed they need. The company’s hybrid cloud is addressing business concerns of storing data at …
Read More »Transactions thru MFS soar in June
The amount of money transacted through the mobile financial service soared to Tk 94,293 crore in June due to the diversification of the service by the operators. The transaction in June was 23.56 per cent or Tk 17,981 crore higher than the Tk 76,312 in the previous month and it …
Read More »Another digital vision with many still unconnected
The government is gearing up to implement a new “Smart Bangladesh” vision by 2041 with the belief that a preceding “Digital Bangladesh” had been realised by 2021. However, its own research tells that a huge number of the population still do not use mobiles, let alone the internet, and digital …
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