1 August 2024

IT firms suffer low productivity amid slow internet

By Redoy K

Bangladesh’s IT firms are facing significant productivity losses due to slow internet speeds following recent internet restrictions. Despite the restoration of broadband and mobile internet, speeds remain insufficient for operational needs, causing delays and client dissatisfaction. Industry leaders report productivity drops of about 50%, hampering software development, BPO services, and e-commerce. The Bangladesh Association of Software and Information Services (BASIS) warns that software and IT service exports could fall by 20-30% this year due to internet issues, affecting both local and export-oriented businesses. Daily Star