Star Business Report

BB verifying info of 5 foreign shareholders of Nagad Bank

Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.

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Mobile internet users complain of Facebook outage again 

Mobile internet users in Bangladesh have complained of Facebook and Messenger outages again. 

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Marico’s profit jumps 30% in April-June quarter

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.

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S&P downgrades Bangladesh rating amid deadly protests

S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.

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More internet disruptions till 6:00pm

Internet connectivity in Bangladesh will face partial disruptions for 12 hours today due to the maintenance of a submarine cable. That comes on top of the country’s already slow internet speed.  

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Stocks return from losses in nervous trade

Stocks gained marginally in early trade today, returning from losses it suffered a day earlier.

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Bangladesh faces internet disruptions for 12 hours

Internet connectivity in Bangladesh will face partial disruption for 12 hours from this morning because of maintenance of 1st submarine cable, said Bangladesh Submarine Cables PLC (BSCPLC) in a press release.

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Linde Bangladesh sells its welding electrode business to ESAB Group

Linde Bangladesh Ltd has sold its welding electrode business to ESAB Group, an American-Swedish industrial company, said the company today.

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June 12, 2024
June 12, 2024

Amnesty for black money promotes injustice, moral hazard: CPD

The state is promoting injustice and moral hazard by allowing the holders of black money to legalise their undeclared assets through payment of 15 percent tax and without facing any questions, said the Centre for Policy Dialogue (CPD) today.

June 9, 2024
June 9, 2024

Dhaka’s key index falls to 5,200 points, the lowest in 38 months

Dhaka stocks fell in the morning trade today and the benchmark index touched the lowest in 38 months as investors’ sentiment continued to remain low due to challenging macroeconomic conditions and rising interest rates.

June 2, 2024
June 2, 2024

CPD's recipes for public finance management

Enhancing fiscal space, prioritising expenditure and foreign financing, ensuring good governance, and protecting the interests of vulnerable and disadvantaged groups should be considered for public finance management in the upcoming fiscal year, said the Centre for Policy Dialogue (CPD) today.

June 2, 2024
June 2, 2024

High prices make essentials luxury items: CPD

Prices of various essential items have gone up to the extent that they seem luxury goods for many people, particularly poor and vulnerable people, said the Centre for Policy Dialogue (CPD) today.

May 30, 2024
May 30, 2024

Bangladesh business environment deteriorated in 2023: survey 

Bangladesh’s business environment deteriorated slightly in 2023 compared with 2022, mainly because of sluggish regulatory reforms, weak infrastructure and difficulty in access to finance, according to the Bangladesh Business Climate Index (BBX) released today.

May 13, 2024
May 13, 2024

Inflation eases but stays above 9% in April

Inflation in Bangladesh fell seven basis points to 9.74 percent in April from a month ago on the back of declining prices of non-food items.

April 18, 2024
April 18, 2024

DBBL, Bank Asia advance despite market fall in early trade 

Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.

April 17, 2024
April 17, 2024

Stocks rebound after two-day losses 

Dhaka stocks regained strength in the early trade today paring down the losses incurred in the first two days of trading after nearly a week of holidays.

April 16, 2024
April 16, 2024

Dhaka stocks keep falling 

Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.

April 15, 2024
April 15, 2024

Dhaka stocks slump in morning trade after market opens following holidays

Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.