The decision came from the BSEC today
The banking sector alone cannot provide the billions of taka required as investments to reap all the pharmaceutical sector’s potentials, for which a financing mix of equity, foreign direct investment, bonds, sukuk, and others is necessary, suggested analysts..They were addressing an event
With the move, the company expects its free-float share to rise to 10.28%
The fee was reduced to Tk 450 from Tk 500 in 2016
The fee was reduced to Tk 450 from Tk 500 in 2016
The first shipment will be sent tomorrow, and a second will follow if China is satisfied
The estimate is almost close to the projection by the International Monetary Fund’s (IMF) 3.8 percent for the year.
About $18 billion to $20 billion was laundered abroad during the Awami League regime, said Bangladesh Bank Governor Ahsan H Mansur yesterday.
The DSEX lost 41.25 points to close at 4,678.13
Sri Lanka’s leftist government said Tuesday it was selling a failed hotel project, marking its first privatisation move in line with an IMF bailout.
The world’s poorest nations face a “tidal wave of debt” as repayments to China hit record highs in 2025, an Australian think-tank warned in a new report Tuesday.
Chief Adviser Prof Muhammad Yunus has called for the rapid development of key infrastructure in the Matarbari region to transform the coastal zone into Bangladesh’s premier manufacturing and export-oriented free trade hub.
The announcement of steep tariff hikes by the United States under its new trade posture—currently on a 90-day pause—has sent ripples across global markets. For Bangladesh, the stakes are especially high. The readymade garment (RMG) sector, which accounts for more than 84 percent of national export earnings and employs over four million workers, faces a new wave of uncertainty. Since the US is Bangladesh’s single largest RMG export destination, purchasing over $6.8 billion worth of apparel in fiscal year 2023-24, the proposed tariff regime poses real challenges.
The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to reduce the maximum number of SIM cards a user can register under their name from 15 to 10.
The Bangladesh Bank (BB) is preparing to roll out a large-scale merger initiative involving financially weak banks and non-bank financial institutions (NBFIs) under the Bank Resolution Ordinance.
Gas supply to industries increased in the first four months of the current year, and the supply of this key energy source to factories will increase further from today, said state-run Petrobangla.
A proposed 3.5 percent tax on outbound remittance can raise costs incurred by Bangladeshi migrants sending money back home from the US to nearly Tk 5,000 crore annually, said a local think tank yesterday.
The contacts come after US President Donald Trump threatened Friday, but then postponed, to hit EU goods with a huge tariff, voicing frustration that talks with the EU were "going nowhere".
"Now, and for the rest of this decade, China will be more debt collector than banker to the developing world"
Planning Adviser Wahiduddin Mahmud yesterday said exporters from India’s northeastern states can use the Chattogram port, but it would be better if they process their goods in Bangladesh and export those through the port.
Although the National Board of Revenue (NBR) resumed regular operations yesterday after nearly two weeks of protests and work abstentions, ship and container congestion has once again gripped the Chattogram Port, triggering concern among businesses over potential delays in cargo handling and increased logistics costs.
Vietnamese airline Vietjet Air said Monday it will buy 20 widebody Airbus A330-900 planes, doubling its order from the aviation giant in a deal worth an estimated $8 billion.
Tokyo, Shanghai and Seoul rose, but Hong Kong, Sydney, Singapore, Wellington, Taipei, Manila and Jakarta fell.
Brussels and Washington have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.
Nvidia plans to launch a new, more affordable AI chipset for China, targeting mass production by June.
ICC Bangladesh recently conducted a daylong workshop titled “Export Operations, Back-to-Back L/C Mechanism and Challenges of Export Finance” in Chattogram..The event drew participation from 90 representatives across 28 banks, including officials from Bangladesh Bank, Karnaphuli Fertiliser
ACI Motors Limited, a subsidiary of ACI Limited, has achieved a new milestone by delivering over 151 Sonalika tractors in a single day at the Sharsha Mini Stadium in Jashore, marking a significant event in the country’s agricultural sector..To commemorate the achievement, the company organ
Mastercard, the global digital card payment services provider, has unveiled a new promotional initiative titled the “Eid Electronics Campaign”..Under this campaign, Mastercard cardholders can avail themselves of an array of discounts and opportunities to win exclusive rewards across electr
Organised by Bangladesh Nari Pragati Sangha (BNPS) with support from the Global Network of Women Peacebuilders (GNWP), the workshop brought together key stakeholders from across the country, said a BNPS press release today
Astra Airways Limited, known as Air Astra -- a private airline in Bangladesh -- has recognised its top 20 business partners for their outstanding contributions to the airline..The event, titled “Business Partners Award- 2025”, was held at a hotel in the capital recently, according to a pre
The ceremony honoured 32 students who completed the rigorous two-year programme and embodied the academy’s core values of leadership, global citizenship and service to society
The Dabir-Sohani-Suraiya Foundation awarded scholarships to meritorious and financially challenged students of the Faculty of Business Studies at Dhaka University yesterday, at the Professor Dr Abdullah Farouk Multipurpose Hall
Akij Food and Beverage Limited (AFBL), a concern of Akij Venture Limited, has initiated the process to raise Tk 500 crore for the company's expansion through the issuance of a zero-coupon bond.
Watch today's episode of Star Explains to find out more
Watch to find out more in today's episode of Star Explains with Ahsan
In recent years, treasury bills and bond interest rates have exceeded those of savings certificates
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.
Migrant Bangladeshis sent home $2.39 billion in October
The authorities are drafting amendments to the Competition Commission Act, enacted in 2012, to establish clearer criteria for identifying dominant market players across various sectors, according to officials.
Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington.
Credible financial reporting is a matter of public confidence, yet in many cases, it has failed to meet expectations, especially in recent times. Debates and discussions have taken centre stage, with arguments and counterarguments being fervently exchanged. Let us revisit the fundamentals.
Markets appear to be writing off the latest Sino-American trade conflict as quickly as they priced it in. China’s benchmark CSI 300 index is up 1.4 percent this year, marking a full recovery from its sharp drop in early April after President Donald Trump announced a 34 percent reciprocal tariff on Chinese goods, which swiftly spiralled into triple-digit retaliatory levies. The latter has been cancelled and the former suspended for 90 days, leaving the official reciprocal charge at 10 percent, level with other countries.
Bangladesh Bank has instructed banks to bar fund transfers by Nagad while keeping the mobile financial services available to customers.
Jobs in Bangladesh are not being created in line with the demand from its youth population, leading to a rise in unemployment despite the urgent need for more job opportunities.
Nearly two-thirds of the allocations under this fiscal year’s social security budget do not qualify as genuine social protection spending, according to a study by the Citizens Platform for SDGs, Bangladesh.
The debate over whether to lease out the New Mooring Container Terminal (NCT) at Chittagong Port to a foreign operator is intensifying, with political parties, including the BNP, Jamaat-e-Islami, and left-leaning groups, uniting in opposition.
As a result, severe traffic congestion was reported on both the Agrabad-Patenga and Patenga-Ring roads since 2:00pm
Prime Bank PLC has signed a payroll banking agreement with BHL Group, one of the country’s emerging business conglomerates..M Nazeem A Choudhury, deputy managing director of the bank, and Swapan Kumar Ghosh, finance director of the group, signed the agreement at the bank’s corporate office
