Govt Establishes National Cyber Security Agency

The three-day shutdown and subsequent violence over the quota reform movement have severely disrupted Bangladesh's economy, already struggling with high inflation, falling exports, and dwindling forex reserves. Factories, including the key garment sector, shut down, fearing further violence and arson.

Government entities are projected to incur expenses 4.68 times higher than the total loss of Tk 5,989.57 crore incurred in FY24, according to projections made by a monitoring cell of the Finance Division under the Ministry of Finance.

In order to stop tax evasion and avoidance, Mauritius and Bangladesh have signed an additional agreement to their Double Taxation Avoidance Treaty (DTAA). The following significant modifications are included in the rules, which will take effect on July 1, 2025.

Axentec PLC has partnered with N Mohammad Group to strengthen its digital initiatives, according to a recent agreement. As a subsidiary of Robi Axiata Limited, Axentec will enhance cloud capabilities and accelerate N Mohammad Group's digital operations, particularly in the plastics industry.

The Bangladesh Association of Software and Information Services (BASIS) has launched the BASIS America Desk to enhance business collaborations between Bangladeshi ICT firms and their American counterparts. This platform aims to showcase technological advancements, facilitate information exchange through seminars and meetings, and organize training programs.

The .bd country code top-level domain (ccTLD) in Bangladesh has struggled to gain popularity despite crossing one million registered domain names. Only 41,000 websites use .bd in their addresses, far fewer than in other countries like Sri Lanka and India. One major reason is that .bd requires a generic top-level domain (gTLD) like .com or .net before it, which many website owners find less attractive.