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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December 7, 2022
December 7, 2022

Rules tightened for banks’ car purchase

Banks would able to replace cars and other vehicles used by their chairmen and chief executive officers and the lenders if they are at least eight years old, said the central bank today.

December 5, 2022
December 5, 2022

Inflation eases further in November

Inflation eased further to 8.85 per cent in November as prices of most of the food items were steady last month, data from the Bangladesh Bureau of Statistics (BBS) showed today.

December 3, 2022
December 3, 2022

Gold prices hit record high

Gold is going to be traded at the highest price in Bangladesh after the Bangladesh Jewellers' Association (Bajus) decided to hike prices by 4 per cent, or Tk 3,033, per bhori today.

December 3, 2022
December 3, 2022

​​​​​​​FBCCI CNN sign deal to promote Bangladesh

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will organise “Bangladesh Business Summit 2023” in Dhaka in March next year to celebrate the country’s 50th anniversary of independence.

December 3, 2022
December 3, 2022

25 firms awarded for best presented annual reports

The Institute of Chartered Accountants of Bangladesh (ICAB) today awarded 25 listed and non-listed entities in 16 sectors for their best presented financial statements and audit reports.

December 3, 2022
December 3, 2022

Most of 1.16cr eligible income taxpayers out of tax net

Most of the 1.16 crore people capable of paying income taxes in Bangladesh have remained out of the tax net of the National Board of Revenue (NBR), according to a senior official of the tax administration today.  

December 1, 2022
December 1, 2022

Quicksand below development: Citizen's Platform for SDGs

There has been discernible development in Bangladesh in the form of higher income and improved living standards in recent years but inequality has also deepened, said Debapriya Bhattacharya, the convener of the Citizen’s Platform for SDGs, Bangladesh.

December 1, 2022
December 1, 2022

Regulator rejects Bay Leasing’s 5% dividend plan

The Bangladesh Securities and Exchange Commission (BSEC) has rejected Bay Leasing & Investment Limited’s plan to award a 5 per cent stock dividend for the year that ended on December 31.

December 1, 2022
December 1, 2022

Economy faces tough challenges: economist

Bangladesh’s economy is facing tough macroeconomic challenges originating from a higher imbalance in its external account, depleting foreign exchange reserves, and an elevated inflation, said a noted economist today.

November 27, 2022
November 27, 2022

Businesses for signing FTA with Canada

Local businesses want the government to start the negotiation with Canada to sign the free trade agreement (FTA) in order to retain the duty-free market access in the North American nation.