Exports hit 32-month high in July

The country’s exports rose to $4.77 billion in July, up nearly 25 percent from $3.82 billion a year earlier, according to the Export Promotion Bureau (EPB), marking the highest monthly earnings from merchandise shipment since November 2022.

Listed MNCs see 17% drop in profit as inflation bites

Most listed multinational companies (MNCs) in Bangladesh reported a sharp drop in earnings for the April-June quarter as persistent inflation weighed on consumer spending and raised operating costs, squeezing profit margins across sectors ranging from tobacco and footwear to electronics.

Financial sector saved from edge of collapse: Finance adviser

Steps taken over the past year helped steer the financial sector back towards stability from the edge of collapse, said Finance Adviser Salehuddin Ahmed yesterday.

Liabilities at state entities dwarf liquid assets

Liabilities at 14 “very high risk” state-owned enterprises are more than 60 times greater than their liquid assets, a severe financial imbalance that prompted warnings of systemic risk, according to an official analysis.

Remittance-rich Sylhet ranks poorest in new index

Long seen as the “London of Bangladesh” for its foreign earnings and opulent villas, Sylhet has been dealt a sobering blow. The country’s first Multidimensional Poverty Index (MPI) has revealed that the division is, in fact, the poorest in Bangladesh when measured by access to education, healthcare and living standards.

Banks asked to clearly mention dissent in meeting minutes

Bangladesh Bank (BB) has asked banks to clearly mention any dissenting or differing opinions expressed by board members in the minutes of meetings of the boards of directors and supporting committees.

Markets’ Trump truce is on ever-shakier ground

If stock markets are to be believed, Donald Trump has pulled off a masterstroke. The US president has ratcheted up tariffs on trading partners while avoiding tanking either the economy or asset prices. Yet investors’ muted response to Thursday’s latest levies may be misleading. The Trump-market truce will soon face steeper tests.

Trump tariff rates unlikely to change

New US tariff rates are “pretty much set” with little immediate room for negotiation, Donald Trump’s trade advisor said in remarks aired Sunday, also defending the president’s politically driven levies against Brazil.

Jobs are changing, skills aren’t

Job growth in Bangladesh is facing a serious threat, not from war or inflation, but from our failure to prepare the workforce for a world increasingly being shaped by artificial intelligence (AI). As automation and generative AI rapidly transform global employment, we continue to teach outdated skills that no longer match market demands.

Economy

Economy

Stocks break three-day rally

The benchmark index of the Dhaka Stock Exchange closed lower yesterday, breaking a three-day rally.

2h ago

Gold eases on profit-taking

Gold edged lower on Monday as investors booked profits after a sharp rise in the previous session after weaker-than-expected US jobs data boosted hopes for a US Federal Reserve interest rate cut in September.

4h ago

Contraband, counterfeit cigarettes have surged in market

The government lost a substantial amount of revenue last year due to a surge in contraband cigarettes and local counterfeit production, said National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan yesterday..This came about in spite of the imposition of higher taxes, he said, adding,

6h ago

Remittance-rich Sylhet ranks poorest in new index

Long seen as the “London of Bangladesh” for its foreign earnings and opulent villas, Sylhet has been dealt a sobering blow. The country’s first Multidimensional Poverty Index (MPI) has revealed that the division is, in fact, the poorest in Bangladesh when measured by access to education, healthc

7h ago

Bangladesh Bank warns public against fake TakaPay website

There is no official mobile app or website for TakaPay, says the central bank

8h ago

Tesla's brand loyalty collapsed after Musk backed Trump, data shows

The data shows Tesla’s customer loyalty peaked in June 2024

9h ago

Banks asked to ensure reflection of dissent in meeting minutes

The directive will be effective immediately

10h ago

Exports rise 25% in July

RMG shipments grew 25 percent year-on-year to $3.96 billion

12h ago
Global Economy

Global Economy

Malaysia agrees to boost tech, LNG purchases from US as part of trade deal

The US announced last week that it would impose a 19% tariff on Malaysia

14h ago

Latest Trump tariffs unlikely to budge, top negotiator says

Trump-imposed tariffs on many countries will remain, US trade representative says

15h ago

New Trump tariffs: early modelling shows most economies lose – the US more than many

The tariffs will compel foreign producers to lower their prices. But these price decreases only partially offset the cost of the tariffs, so US consumers pay higher prices.

16h ago

Asian markets fluctuate as traders weigh tariffs, US jobs

Investors fret over US tariffs, weak jobs report, and possible rate cuts

16h ago

Remittance surges 30% in July

Remittance surged 30 percent year-on-year in July, the first month of the current fiscal year, maintaining buoyancy in inflows as more than 40 lakh Bangladeshis have gone abroad for work over the past four years.

1d ago

US government turmoil stalls thousands of export approvals

Thousands of license applications by US companies to export goods and technology around the globe, including to China, are in limbo because turmoil at the agency in charge of approving them has left it nearly paralyzed, two sources said.

1d ago

Bangladesh eyes stake in $7 trillion global halal economy: Ashik Chowdhury

Industry people join Bangladesh-Malaysia Chamber-organised seminar to explore Bangladesh’s potential

1d ago

OPEC+ slated to increase oil output in bid to regain market share

The anticipated output increase by the group of eight oil-producing countries known as the "Voluntary Eight" (V8), would be the latest in a series of hikes that began in April

1d ago
Organisation News

Organisation News

Danish ambassador visits Dan Cake Bangladesh factory

A delegation from the Embassy of Denmark, led by Christian Brix Møller, the Danish ambassador to Bangladesh, visited a factory of Dan Cake Bangladesh yesterday, underscoring the company’s commitment to quality, innovation, and sustainable food production in the country..The senior leadersh

9h ago

Saifuddin Chowdhury reappointed as CEO of BGIC

Ahmed Saifuddin Chowdhury has been reappointed as the managing director and chief executive officer (CEO) of Bangladesh General Insurance Company PLC (BGIC) for a fifth consecutive term..Chowdhury began his career at BGIC’s head office in 1986. .Two years later, he was transferred to

1d ago

BIMSTEC trade lags behind ASEAN

Bangladesh must prioritise enhancing trade among the seven member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) as the volume has remained significantly low, according to the ICCB...Only around 7 percent of the member countries

1d ago

MGH provides aid to 300 Cambodian families

A dedicated team of volunteers, comprised of employees from MGH's Phnom Penh offices, travelled to the province to deliver essential supplies

1d ago

Islami Commercial Insurance declares 10% dividend

Islami Commercial Insurance PLC has declared a 10 percent cash dividend for the financial year that ended on December 31, 2024..The declaration was made during the insurer’s 25th annual general meeting (AGM), held at the Institution of Diploma Engineers, Bangladesh (IDEB) Bhaban in the cap

2d ago

Climate-resilient farming: CIF Forum showcases tech solutions

The Fund has committed Tk 1.65 crore to enterprises through two pathways

4d ago

Talal Al Gergawi appointed Emirates country manager

Talal Al Gergawi has been appointed as the country manager for Bangladesh at Emirates, effective August 1, 2025..In his new role, Talal will oversee the airline’s operations in Bangladesh, spearhead commercial growth, and further strengthen Emirates’ market presence in the country. .

4d ago

Shamim becomes BEF president

Fazlee Shamim Ehsan has been elected president of the Bangladesh Employers’ Federation (BEF) for a two-year term (2025–2027), while Tahmid Ahmed has been re-elected vice-president..The election was held at a recent meeting of the BEF Executive Council in Dhaka, according to a press release

4d ago
Business Multimedia

Business Multimedia

How is Bangladesh being affected despite the US tariff suspension?

Watch today's episode of Star Explains to find out more

What's stopping the govt from breaking market syndicates?

Watch to find out more in today's episode of Star Explains with Ahsan

Which savings certificate offers the highest returns?

In recent years, treasury bills and bond interest rates have exceeded those of savings certificates

Food prices stubbornly high despite govt measures

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.

Remittance rises 21% in October

Migrant Bangladeshis sent home $2.39 billion in October

Stocks break three-day rally

The benchmark index of the Dhaka Stock Exchange closed lower yesterday, breaking a three-day rally.

2h ago

Gold eases on profit-taking

Gold edged lower on Monday as investors booked profits after a sharp rise in the previous session after weaker-than-expected US jobs data boosted hopes for a US Federal Reserve interest rate cut in September.

4h ago

Jobs are changing, skills aren’t

Job growth in Bangladesh is facing a serious threat, not from war or inflation, but from our failure to prepare the workforce for a world increasingly being shaped by artificial intelligence (AI). As automation and generative AI rapidly transform global employment, we continue to teach outdated skills that no longer match market demands.

4h ago

Trump tariff rates unlikely to change

New US tariff rates are “pretty much set” with little immediate room for negotiation, Donald Trump’s trade advisor said in remarks aired Sunday, also defending the president’s politically driven levies against Brazil.

4h ago

Markets’ Trump truce is on ever-shakier ground

If stock markets are to be believed, Donald Trump has pulled off a masterstroke. The US president has ratcheted up tariffs on trading partners while avoiding tanking either the economy or asset prices. Yet investors’ muted response to Thursday’s latest levies may be misleading. The Trump-market truce will soon face steeper tests.

4h ago

Banks asked to clearly mention dissent in meeting minutes

Bangladesh Bank (BB) has asked banks to clearly mention any dissenting or differing opinions expressed by board members in the minutes of meetings of the boards of directors and supporting committees.

4h ago

Remittance-rich Sylhet ranks poorest in new index

Long seen as the “London of Bangladesh” for its foreign earnings and opulent villas, Sylhet has been dealt a sobering blow. The country’s first Multidimensional Poverty Index (MPI) has revealed that the division is, in fact, the poorest in Bangladesh when measured by access to education, healthcare and living standards.

4h ago

Liabilities at state entities dwarf liquid assets

Liabilities at 14 “very high risk” state-owned enterprises are more than 60 times greater than their liquid assets, a severe financial imbalance that prompted warnings of systemic risk, according to an official analysis.

4h ago

Financial sector saved from edge of collapse: Finance adviser

Steps taken over the past year helped steer the financial sector back towards stability from the edge of collapse, said Finance Adviser Salehuddin Ahmed yesterday.

4h ago

Listed MNCs see 17% drop in profit as inflation bites

Most listed multinational companies (MNCs) in Bangladesh reported a sharp drop in earnings for the April-June quarter as persistent inflation weighed on consumer spending and raised operating costs, squeezing profit margins across sectors ranging from tobacco and footwear to electronics.

4h ago