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
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.

November 27, 2022
November 27, 2022

Renata gets WHO approval to sell birth control pills abroad

World Health Organization (WHO) has recognised the quality of products manufactured at Renata’s Rajendrapur Potent Product Facility to be of an international standard, enabling the pharmaceutical to sell birth control pills abroad. 

November 24, 2022
November 24, 2022

Gold worth Tk 73,000 crore might be smuggled into the country annually

Gold bars and pieces of jewellery that are smuggled into the country might be worth around Tk 73,000 crore a year, said the Bangladesh Jeweller’s Association (BAJUS) today.

November 23, 2022
November 23, 2022

Dhaka University’s IBA team clinches Unilever Bangladesh’s BizMaestros 2022 trophy

A team from the Institute of Business Administration under the University of Dhaka became the champion of Unilever Bangladesh’s “BizMaestros 2022” trophy.