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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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.

November 23, 2022
November 23, 2022

Daraz sees Tk 320 crore sales in 11.11

Daraz Bangladesh, the biggest online shopping platform in the country, said products worth about Tk 320 crore were sold through its flagship campaign that started on November 11, underscoring the company’s solidified position in the local e-commerce market.

November 23, 2022
November 23, 2022

5G to connect the entire population: Jabbar

The 5G (fifth generation) is going to play a very important role in changing almost everything in Bangladesh, including industry and education, and it will connect the whole population to very high-speed internet, said Telecom Minister Mustafa Jabbar today.

November 22, 2022
November 22, 2022

71 firms win National Export Trophy

Seventy-one exporters won the National Export Trophy today in recognition of their contribution to the country’s overseas trade through higher sales, the addition of new products and markets, and maintaining compliance in the financial year of 2018-19.

November 22, 2022
November 22, 2022

Bangladesh's investment roadshow in Europe from Feb 25

The Dutch-Bangla Chamber of Commerce and Industry (DBCCI) is going to organise a weeklong roadshow in three European Union (EU) countries from February 25 next year to attract foreign investment.

November 22, 2022
November 22, 2022

Banks asked to disburse more farm loans than target

Bangladesh Bank yesterday asked private banks to speed up their farm loan disbursements to enhance the country’s food security.

November 22, 2022
November 22, 2022

Ambee Pharma returns to profit

Ambee Pharmaceuticals Limited returned to profit in the last financial year that ended on June 30.

November 21, 2022
November 21, 2022

Stock investors stay away from trading amid persisting uncertainty

Only 13 shares rose on the Dhaka and Chittagong stock exchanges yesterday as investors worried about the economic uncertainty stayed away from trading, forcing the bourses to fall.