business | The Daily Star

  • Covid-19 reshaping the fitness industry of Bangladesh

    The global lockdown resulted in the closure of all the fitness venues in the country, which caused a serious and profound impact on the industry. Fitness enthusiasts were forced to stay indoors trying to look for alternatives to keep their workout routine in check.

  • Student Nick Abraham Shows It’s Never Too Soon To Become An Entrepreneur

    In these uncertain times, many people are relying less on others for job security and taking matters into their own hands as the coronavirus outbreak disrupts our regular day to day programming. Take student Nick Abraham for example.

  • Chief Justice Syed Mahmud Hossain

    Display fees, charges for treatment

    Private clinics, hospitals and diagnostic centres must display the charts of their charges and fees in public view, the High Court directed yesterday.

  • World Bank

    Ease of Doing Business: Bangladesh slips a notch in WB ranking

    Bangladesh has gone one notch down in the World Bank's ranking of ease of doing business mainly due to the hurdle businesses face

  • Reform or divorce in Europe

    In response to asymmetric shocks and divergences in productivity, there would have to be adjustments in the real (inflation-adjusted) exchange rate, meaning that prices in the eurozone periphery would have to fall relative to Germany and northern Europe.

  • BGMEA urges continuation of 0.3% source tax

    A day after the government announced the proposed budget for 2016-17 fiscal year, the garment makers demand continuation of 0.3 percent source tax instead of increasing it to 1.5 percent.

  • SWIFT fights to restore faith after BB heist

    The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.

  • New StanChart credit card offers savings, cash backs

    Standard Chartered launches a new credit card in Bangladesh which will provide customers a host of attractive benefits including savings and cash-backs.

  • Package VAT doubled for small traders

    In face of protests from businessmen, the government has decided not to implement a flat VAT rate for small traders and instead almost doubled the package VAT.

  • Philippines cancels license of remittance firm after BB heist probe

    Philippine central bank says it revoked the license of a remittance company that anti-money laundering investigators said was used to transfer some of the $81 million hackers looted from the Bangladesh central bank.

  • Ad-blocking software use for mobile surges: study

    The use of ad-blocking software for mobile devices has nearly doubled in the past year, raising questions about the viability of online media business models.

  • Bangladesh’s first B2B online platform launches

    The country’s first business to business (B2B) platform ‘Pricekoto’ (what’s the price) begins its operation on Tuesday. The parent company Ezzy Group will guide the new business service in its operation.

  • Remembering Hefajat’s mayhem

    On this day three years ago, the Hefajat-e Islam men got locked in deadly clashes with law enforcers and the ruling Awami League men in Dhaka and turned the whole business district of Motijheel into a battlefield.

  • Inflation falls slightly in April

    The overall inflation rate has dropped by 0.04 percentage point to 5.61 percent in April.

  • 2 businessmen held over BASIC Bank loan scam

    The Anti-Corruption Commission arrests two businessmen in a case filed over Basic Bank's Tk 76 crore loan scam.

  • 15% uniform VAT from next fiscal: Muhith

    Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.

  • Apple revenue falls for first time since 2003

    Apple reported a 13% drop in its second quarter revenue on Tuesday as sales of iPhones slipped.

  • ADB forecasts 6.7% growth for 2015-16

    Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.

  • BB’s ‘coordinated move’ to recover stolen money

    Bangladesh Bank says it has launched a “coordinated move” to recover the $101 million that was lost in cyber heist from the central bank’s account with US’ Federal Reserve Bank.

  • Oil price 'may have bottomed out'

    There is evidence that oil prices are stabilising and could even begin to rise again, the International Energy Agency has said.

  • Singapore 'still world's most expensive city'

    Singapore has again been judged as the world's most expensive city but costs across the world have been highly volatile, according to researchers.

  • Comfort launches products for quality seafood

    Comfort Engineering has introduced two products to enhance the processing and preservation of seafood that will ensure quality seafood in Bangladesh.

  • Bangladesh an attractive destination for business

    Bangladesh has continued to be an attractive destination for Japanese companies to do business due to its lower production cost and labour wage compared to those of 19 countries in Asia and Oceania.

  • Businesses frown on Malaysia's foreign workers ban

    The Malaysian government has been asked to review its decision to suspend the intake of foreign workers as it will erode the country’s competitive edge.

  • A dream comes true as PM opens World Trade Centre

    Prime Minister Sheikh Hasina opens the country's first World Trade Centre in Agrabad area of Chittagong, aiming to make business much easier.

  • GObd top social business

    GObd, a smart interface that gives real-time traffic data to users, is recognised as the top social business platform of Bangladesh.

  • Sri Lanka's Rebirth

    Sri Lanka is fortunate to have a low level of urbanisation today; but this is likely to change in the next two decades. This gives the country the opportunity to create model cities, based on the adequate provision of public services and sound public transport and attuned to the cost of carbon and climate change.

  • Hasina

    PM showcases business opportunities in Bangladesh

    Prime Minister Sheikh Hasina reassures all the local and foreign investors of her government's highest level of commitment to quickly facilitate their pragmatic proposals and simplification of investment procedure so that they can make the best use of their money.

  • Only rate cuts won't boost investment

    Only policy rate cuts are not enough to boost investment, as there are other factors such as business environment, investment certainty and cost of doing business, which analysts say need to be addressed for a higher growth.

  • Habiganj tea workers go on strike against SEZ

    Thousands of tea workers in Habiganj abandon work and gather for a mass rally against government plans for a Special Economic Zone in the area.

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