Star Business Report

GPH Ispat to raise $150 million by listing on the Hong Kong Stock Exchange

The decision to pursue the listing was approved during a board meeting held on January 23, according to a press release issued yesterday

2w ago

Titas Gas suffers Tk 523cr rout in Q2 as system loss mounts  

Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system loss.

2w ago

Grameen Bank ownership, board to see major changes 

The plan has been outlined in the draft of a new ordinance

1m ago

World Bank approves $1.16bn for three Bangladesh projects

The World Bank today approved three loans totalling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, it said in a statement.

2m ago

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.

6m ago

Mobile internet users complain of Facebook outage again 

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

6m ago

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.

6m ago

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.

6m ago
July 13, 2024
July 13, 2024

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.

July 3, 2024
July 3, 2024

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.

June 29, 2024
June 29, 2024

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.

June 25, 2024
June 25, 2024

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. 

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.