Star Business Report

Stocks return from losses in nervous trade

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

1d ago

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.

1w ago

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.

3w ago

Social media hacking tops cybercrimes in Bangladesh: study 

Social media and online account hacking tops the list of cybercrimes in Bangladesh, accounting for 21.65 percent of incidents, according to a new study.

3w ago

Kaus Mia, a celebrated taxpayer, is no more 

Md Kaus Mia, one of the highest taxpayers in Bangladesh since 2010-11, has died at the age of 94. 

1m ago

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.

1m ago

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.

1m ago

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.

1m ago
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.

April 11, 2024
April 11, 2024

ADB forecasts 6.1% GDP growth for Bangladesh in FY24, higher than World Bank’s

The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.

April 9, 2024
April 9, 2024

UCB plans to take over troubled National Bank  

United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders. 

April 9, 2024
April 9, 2024

No respite to consumers: Inflation edges up in March

Inflation edged up in March after marginally easing in the previous month, showing no signs of respite to consumers already hurt by the consistent erosion of buying capacity due to elevated prices. 

April 2, 2024
April 2, 2024

Monetary policy transmission hindered by SMART lending rate cap: World Bank

The central bank of Bangladesh has tightened the monetary policy but its transmission has been hindered by the SMART lending rate cap since it slows pass-through to lending rates due to the use of a moving average, the World Bank said in a report today.  

April 2, 2024
April 2, 2024

Bangladesh economy to grow below 6% for two consecutive years: World Bank

Bangladesh’s real GDP growth is projected to remain relatively subdued at 5.6 percent in the current fiscal year, compared to the average annual growth rate of 6.6 percent over the decade preceding the Covid-19 pandemic, the World Bank said today.  

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