The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance for failing to protect children's privacy on the social media app as the Biden administration continues its crackdown on the social media site. The government said TikTok violated the Children's Online Privacy Protection Act that requires services
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Bangladesh in ‘red’ category of food inflation, reports World Bank
Bangladesh, 14 other countries, is in the red category of food inflation. The World Bank has placed Bangladesh in this category considering the risk of food inflation in the last one year. Recently, the World Bank has published data highlighting the updated situation of food security in different countries of the
July remittance reaches $1.91b, misses mark
Inward remittance navigates rough weathers to reach a receipt of US$1.909 billion in July as rate hikes pay off, yet misses the expected mark for the month. Latest Bangladesh Bank statics on the foreign exchange sent home by wage earners last month marked a year-on-year fall of $64 million. The expatriates living
LTU fetches record Tk 73,660cr revenue in FY24
The Large Taxpayers Unit (LTU) under the National Board of Revenue (NBR) fetched a record Taka 73,660 crore revenue from VAT in the last fiscal year (FY24) posting a growth of 26 percent in revenue collection. LTU's revenue collection in VAT in FY23 was Taka 58,566 crore. Talking to BSS, LTU additional
878th EC meeting of SJIBPLC. held
Haate Kolome launches training courses
Haate Kolome, the free online platform for career-oriented education, is set to launch five new courses. This initiative by Robi Axiata Limited, the nation's leading digital service provider, commenced operations last December with an initial offering of six courses. Building on the success of its initial courses in Housekeeping, Electrical House
H1’24 Performance Review Of IPDC
Amidst economic challenges and high inflation, IPDC Finance Limited has reported impressive profits for the first half of 2024. The company's revenue for H1'24 increased by 9.3% from the previous year, reaching 1,538 million. This growth is attributed to the improvement in rates and the removal of the cap, which
BRAC Bank signs payment gateway deal with Foodi
BRAC Bank has signed a payment gateway agreement with Foodi Express Limited facilitating seamless payment facility for customers of the food delivery platform in Bangladesh. Md. Mahiul Islam, Deputy Managing Director & Head of Retail Banking, BRAC Bank, and Shahnewas Mannan, COO, Foodi Express Limited, signed the agreement on behalf of
Govt to procure 1 lakh MTs fertilizer
The government today approved separate proposals for procuring some 1 lakh metric tons of fertilizer, 10,000 metric tons of phosphoric acid and around 73,000 SPC poles to meet the growing demand. The approvals came from the 19th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held today with
E-cab demands to turn around e-commerce sector
The entrepreneurs of this sector have sought the government's help to overcome the current crisis and highlighted the damage and current situation of the e-commerce sector, which has suffered a lot due to internet service shutdown and other reasons. on 31 July 2024 E-Commerce Association of Bangladesh (E-CAB) held a