Technology
Mobile phone production in BD hits 17-month low in May
Industry Desk: Mobile phone handset production has drastically dropped to 8.72 lakh units in May this year, the lowest in 17 months, according to the latest data released by the Bangladesh Telecommunication Regulatory Commission (BTRC).The production of mobile phones was 14.78 lakh units in April and 23.34 lakh units in…
Read More »Security asset will be forfeited, if default
Secured Transactions Act is final Bill to be presented this week Mahfuja Mukul: If the borrower defaults, the ‘immovable property’ of the collateral will be forfeited. Besides, repossession of movable property can also be taken. The Lending Institution shall have control and custody of the collateral until the account of…
Read More »Rooppur Nuclear Power Plant receives certificate to procure fuel for unit-1
Industry Desk: Bangladesh has received a readiness certificate for the first unit of the Rooppur Nuclear Power Plant, allowing it to procure fuel and begin operation.The certification was signed by Rooppur Nuclear Power Plant’s Project Director Dr Md Shaukat Akbar and Atomstroy Export’s Vice President AV Diary in Novosibirsk city,…
Read More »Digital payments may curb inflation
Improve transparency Industry Desk: Digital payments may help curb inflation by reducing the cost of operations in supply chains for various businesses, experts have suggested, as the amount of ‘out of bank cash’ in the market has increased.Bankers and practitioners also emphasized the role of digital payments in promoting transparency…
Read More »Govt implementing Smart Agriculture Pilot Project: Palak
Staff Correspondent: State Minister for ICT Zunaid Ahmed Palak yesterday said that his division is implementing a ‘Smart Agriculture Pilot Project’ at 10 villages in the country aimed at reducing the cost of irrigation and use of fertilizer along with boosting production.“The use of modern technologies like the internet of…
Read More »12 challenges hinder software exports from Bangladesh
Ibrahim Khalil Jewel: Bangladesh is a developing country, which has made significant progress in the information technology (IT) sector in recent years. With a growing pool of talented professionals, the country has the potential to become a leading software exporter in the region. However, despite this potential, there are several…
Read More »BTCL makes profit after 15 consecutive years of lossing
Staff Correspondent: Bangladesh Telecommunication Company Limited (BTCL) has overcome 15 years of continuous losses and turned around as a profitable company in the financial year 2021-22.In the financial year 2007-08, BTCL’s losses were around Tk350 crore. Before that it was about Tk500 crore. In the last financial year 2020-21, BTCL’s…
Read More »BRT project lingers for 10 years
Staff Correspondent: The four-year Bus Rapid Transit (BRT) project has been lingering for 10 years, causing several fatal accidents, immense suffering to people and a huge hike in project cost.The hobbling scheme drew huge criticism from experts and policymakers for its delay and lax project management after the recent crane…
Read More »Actions over harassment in birth certificate: EC
Staff Correspondent: The Election Commission (EC) has said that action will be taken against public representatives if they neglect or harass the people to give them birth certificates.In a letter signed by EC Secretary Md. Humayun Kabir Khondkar – AKM Humayun Kabir, director general (DG) of the Department of National…
Read More »Technology can minimize road construction cost, time
BSS Report: Road building experts expect to drastically minimize time and cost in constructing durable roads and highways across Bangladesh with introduction of a new technology, opening up a new horizon for the country’s fast growing communication sector.“We can build 100 kilometer road in one month using this nanotech product…
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