Trade

Teletalk's 4G push faces scrutiny over overlap with 5G initiative

Teletalk's 4G push faces scrutiny over overlap with 5G initiative

State-owned mobile operator Teletalk Bangladesh Limited has proposed three small-scale projects involving a combined cost of Tk 1.40 billion to expand 4G services to universities, medical colleges, key national highways and remote tourist destinations.Bangladesh news updates However, the Planning

The enduring power and relevance of May Day

The enduring power and relevance of May Day

The May Day arrives each year as a solemn reminder of humanity's long and unfinished struggle for dignity. It is an occasion that compels us to reflect on the sacrifices of workers and peasants whose labour has shaped human civilisations, built economies and sustained nations, often at the cost of

Hackers demand $1.5m ransom in major cyberattack

Hackers demand $1.5m ransom in major cyberattack

In one of the largest corporate cyberattacks in Bangladesh, the country's leading supermarket chain Shwapno has confirmed that its customer database was breached, with hackers demanding a ransom of $1.5 million. The incident came to light after sensitive customer information-including names, mobil

$120 oil could add Tk 610b annual burden on Bangladesh

$120 oil could add Tk 610b annual burden on Bangladesh

Bangladesh is facing a looming economic challenge as global oil prices are set to cross the critical threshold of US$120 per barrel amid escalating tensions in the Middle East. Researchers at a press briefing on Saturday warned that such a surge could impose an additional annual burden of Tk 610 b


Bank Asia to acquire Bank Alfalah’s Bangladesh operations

Bank Asia to acquire Bank Alfalah’s Bangladesh operations

The shareholders of Pakistan-based Bank Alfalah Limited have approved the sale and transfer of its Bangladesh operations to Dhaka-based Bank Asia Limited for approximately $47.5 million (equivalent to around Tk 580 crore). A source at Bank Asia confirmed that as part of the acquisition, an interna

ICE Technologies founder Rubaiyat Jamil dies

ICE Technologies founder Rubaiyat Jamil dies

Rubaiyat Jamil (46), founder and CEO of ICE Technologies, passed away on Friday on the field during a cricket match at Hathazari in Chittagong. He was the only son of late Mahbub Jamil, former special assistant to the chief adviser in 2008-09 caretaker government, and chairman of Singer Bangladesh

Gold prices rise by Tk 2,157 per bhori after seven straight cuts

Gold prices rise by Tk 2,157 per bhori after seven straight cuts

Gold prices in Bangladesh have increased by Tk 2,157 per bhori after seven straight reductions, with the new rates taking effect from Saturday. The Bangladesh Jewellers Association (BAJUS) set the price of 22-carat gold at Tk 237,012 per bhori (11.664 grams), according to a statement issued in the

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