Star Business Report

Vehicle sales plunged in 2024

This marked the steepest decline since the Covid-19 pandemic, when roughly 3.8 lakh vehicles were registered with the BRTA

1m ago

Bangladesh moves to split revenue authority with new ordinance

Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.

2m ago

Stocks post weekly 2% fall

Stocks fell last week as concerns over potential corporate tax hikes in the upcoming budget weighed on investor sentiment.

2m ago

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

4m 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.

4m ago

Grameen Bank ownership, board to see major changes 

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

5m 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.

6m 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.

10m ago
January 9, 2023
January 9, 2023

Remove complexities for more British investment

Bangladesh will attract more British investment if the existing business-related “complexities” are removed, said Rushanara Ali, the British prime minister’s trade envoy to Bangladesh.

January 9, 2023
January 9, 2023

AstraZeneca vaccine co-inventor visits Incepta Pharma office

Sarah Gilbert, a vaccinologist and co-inventor of AstraZeneca coronavirus vaccine, visited the office of Incepta Pharmaceuticals today.

January 8, 2023
January 8, 2023

Power tariff hike to drive up production cost, stoke inflationary pressures

Any increase in the retail tariffs of electricity will drive up the production cost and lead to a further spiral in inflation, worsening the condition of lower-income groups, said presidents of two chambers today.

January 8, 2023
January 8, 2023

DBL Group gets $52m British loan to establish a new textile factory

DBL Group has availed itself of a $52 million loan from British International Investment, a development finance institution of the UK, for the construction of a manufacturing facility.  

December 31, 2022
December 31, 2022

Land info to be available in AI-based govt portal

The government is set to launch an artificial intelligence-based web portal to impart land-related knowledge among the masses and deliver all kinds of information on land. 

December 12, 2022
December 12, 2022

BB decides to appoint observers at the two Islamic banks

Bangladesh Bank has decided to appoint observers at the Islami Bank Bangladesh Ltd (IBBL) and First Security Islami Bank (FSIBL), said a top official of the central bank.

December 7, 2022
December 7, 2022

Bangladesh demands restoration of US GSP during Ticfa talks 

Bangladesh has demanded the United States restore the generalised system of preferences (GSP) status during the 6th round meeting of the Trade and Investment Cooperation Forum Agreement (Ticfa) in Washington on Tuesday.

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.