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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August 14, 2023
August 14, 2023

Some BB services may be unavailable for 36 hours

Some web-based services of the central bank would remain inaccessible from 8pm on Monday to 8am on Wednesday as it would carry out emergency system maintenance activities, said the Bangladesh Bank in a notice today.

August 14, 2023
August 14, 2023

New FBCCI chief plans a world trade centre for Dhaka

Mahbubul Alam, the newly elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has expressed his commitment to bolster trade and business in the country in the days ahead.

August 5, 2023
August 5, 2023

Restaurateurs seek meat imports

An association of restaurant owners today sought permission from the government to import broiler chicken, mutton and beef to counter a rise in their prices

July 23, 2023
July 23, 2023

Bangladesh Bank relaxes rule over bankers’ promotions

Bangladesh Bank in a circular today relaxed a rule over the requirement of diploma certificates for bankers to get promotions. 

July 6, 2023
July 6, 2023

Forex reserve falls below $30b again

Under the ACU, Bangladesh clears import bills every two months and forex reserve usually falls after the payment.

July 6, 2023
July 6, 2023

ICB approves Tk 20cr loan for Prime Bank Investment

The Investment Corporation of Bangladesh (ICB) has sanctioned a loan of Tk 20 crore in favour of Prime Bank Investment Limited (PBIL) from the “special fund for affected small investors of capital market” on a repayment basis.

July 5, 2023
July 5, 2023

Bangladesh-UK trade dialogues to take place soon

The first and second Bangladesh-United Kingdom (UK) trade and investment dialogue will soon take place in Dhaka to discuss bilateral and investment issues between the two countries, Commerce Minister Tipu Munshi said today.

July 5, 2023
July 5, 2023

Wristwatch market seeing steady uptick

Wristwatches have long been considered as a status symbol for being a stylish tool that has practical uses while also being a clear indicator of the wearer’s social standing.

July 5, 2023
July 5, 2023

Rules on 'tax deducted at source' framed as per new tax law

The National Board of Revenue (NBR) has framed rules regarding tax deducted at source (TDS) in line with the new income tax law that came into effect last month.

July 4, 2023
July 4, 2023

IMF-WB team to visit Dhaka to assess bond market

A technical assistance mission of the International Monetary Fund (IMF) and World Bank is expected to arrive in Dhaka tomorrow in order to undertake a detailed assessment of the Local Currency Bond Market (LCBM) and suggest ways for its development.