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
September 25, 2023
September 25, 2023

Democratic transition prerequisite for inclusive economy

A democratic transition has emerged as a prerequisite for an inclusive and sustainable economy, said a noted economist today.

September 14, 2023
September 14, 2023

Soybean oil price cut by Tk 5 per litre 

Refiners in Bangladesh today cut the price of soybean oil by Tk 5 and palm oil by Tk 4 a litre after edible oil prices declined in the international market.

September 12, 2023
September 12, 2023

Bangladesh Lamps to make plastic parts for tube lights

Bangladesh Lamps is going to set up a production line to manufacture plastic parts for tube lights, said the company today.

September 10, 2023
September 10, 2023

Summit partners with Indian company to improve rail logistics

Summit Alliance Port Limited (SAPL) has signed a memorandum of understanding with Pristine Logistics & Infraprojects Limited, one of the largest integrated rail terminal operators in India, to form a joint venture to improve rail logistics in Bangladesh.

September 10, 2023
September 10, 2023

Forex reserve falls below $22 billion

Bangladesh's foreign exchange reserves slipped below $22 billion today after the central bank cleared import bills worth $1.36 billion through the Asian Clearing Union (ACU).

August 23, 2023
August 23, 2023

Khairuzzaman made new finance secretary

Energy Secretary Khairuzzaman Mozumder has been made the new finance secretary, the public administration ministry said in a notice today.

August 20, 2023
August 20, 2023

Bangladesh adopts GM cotton

Bangladesh released two varieties of a genetically modified (GM) cotton for domestic cultivation, aiming to increase yields and reduce import dependence. 

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