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 21, 2020
December 21, 2020

Future of export hinges on continuity of EU duty benefit PRI study says

The future of Bangladesh’s exports heavily depends on the continuation of duty-free privileges to the European Union, the country’s largest export bloc, following the 2024 status graduation, according to findings of a study released yesterday.

October 26, 2020
October 26, 2020

Walton announces generous dividends despite dismal profits

Walton Hi-Tech Industries has decided to pacify its investors by announcing handsome cash dividends even though the company registered half the last year’s profits amid the ongoing pandemic.

September 28, 2020
September 28, 2020

Entrepreneurship support fund awaits a boost

The central bank has amended its entrepreneurship support fund (ESF) guidelines for food-processing, agriculture and ICT sectors to make them more entrepreneur-friendly.

June 7, 2020
June 7, 2020

BGMEA dispels confusion over job cut comment

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday vehemently denied it has announced any job cut in the apparel sector amid a slump in work orders because of the coronavirus pandemic.

February 17, 2020
February 17, 2020

Hearing and speech impaired can now take customer service from GP

Grameenphone, the country’s leading mobile operator, yesterday launched a sign language tutorial platform as part of its efforts to enable those with hearing and speech impairment to get customer service.

February 10, 2020
February 10, 2020

Female participation crucial for growth ambitions

Bangladesh will not achieve double-digit GDP growth without the participation of women in business and economic activities, said Commerce Minister Tipu Munshi yesterday.

February 3, 2020
February 3, 2020

Donors commit $4.25b in this year’s BDF: Kamal

Three foreign donors made commitments of $4.25 billion of new funds in Bangladesh Development Forum this year, in what was a first for the ten-year-old biennial gathering.

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