Digital dreams disconnected realities

In Ferighat, a remote corner of north-eastern district Sunamganj, stationery shop owner Md Sumon Mia fights a battle that millions of rural Bangladeshis face daily – the struggle for a reliable internet connection.

Cancer drugs, insulin to get cheaper as NBR plans tax cuts

The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.

Foreign debt repayment surges 25%

Bangladesh’s repayment of foreign loans surged in the first 10 months while the inflow of loans from bilateral and multilateral lenders continued to fall, according to provisional data from the Economic Relations Division (ERD) released yesterday.

69% overwhelmed by ‘excessive’ VAT on essentials

About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.

BUDGET FOR FY26 / Duty-free threshold for bank deposits may rise to Tk 3 lakh

In order to provide relief to small savers, the government is likely to increase the excise duty exemption threshold for bank deposits in the upcoming budget for fiscal year 2025-26.

Eid cattle sales off to a slow start

Cattle traders and farmers who rear livestock in anticipation of Eid-ul-Azha are disappointed over this year’s sales so far, as demand is low with barely a week to go before the festival.

Opinion / The workaholic trap

Meet Imran Bhai. His last vacation was during the 2018 hartal. He thinks “OOO” means “Only On Outlook,” not “Out of Office.” His hobbies include forwarding work emails to himself at 2:00 AM and replying to “Happy Birthday” messages with a Gantt chart. Imran Bhai isn’t alone; he is the unofficial president of Bangladesh’s ever-growing workaholic club.

Dhaka Bank records higher Q1 earnings

Dhaka Bank said its earnings rose in the first quarter of the financial year 2025 due to increased operating income.

Govt plans to form new bodies to drive post-LDC trade

The government is working to form new bodies to boost trade and enhance competitiveness in the post-LDC era, said a member of the LDC graduation committees.

Economy

Economy

Bida to host China-Bangladesh conference on investment

The Bangladesh Investment Development Authority (Bida) is set to host the China-Bangladesh Conference on Investment and Trade on June 1 as part of efforts to attract foreign investment.

23h ago

Bank Asia to acquire Bank Alfalah’s local operations

Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

1d ago

Budget to be placed on June 2

The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.

1d ago

Three new bank notes ahead of Eid-ul-Azha

Bangladesh Bank will release redesigned Tk 20, Tk 50, and Tk 1,000 banknotes into circulation from June 1, ahead of Eid-ul-Azha.

1d ago

US court blocks most Trump tariffs

A US trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from US trading partners.

1d ago

ICX operators demand data-driven review of new licensing policy

Industry stakeholders have expressed strong reservations over a telecom licensing policy proposed in April that seeks to phase out interconnection exchange (ICX) operators.

1d ago

ILO-IFC programme helps brighten garment sector’s image

Readymade garment factories enlisted under the Better Work Bangladesh (BWB) programme undergo fewer social audits compared to non-BWB units, resulting in significant savings in both time and costs..Babylon Group, which operates four garment factories, both knit and woven, previously faced

1d ago

BB orders extended banking for cattle market money transactions

Order also given to run banking activities until 10 pm in the branches

1d ago
Global Economy

Global Economy

Bangladesh's foreign debt repayment surges 25%

The country paid $3.5 billion in debt during the July-April period of FY25

1d ago

Nvidia earnings beat expectations despite US export controls

However, Nvidia Chief Financial Officer Colette Kress warned in an earnings call that export constraints are expected to cost the AI chip titan about $8 billion in the current quarter.

1d ago

US trade court blocks tariffs in major setback for Trump

The opinion marks a significant setback to the Republican leader

1d ago

Bangladesh youth unemployment rate to stay high

Youth unemployment in Bangladesh will continue to be high -- more than double the national unemployment rate -- with university graduates being the hardest hit, according to the World Employment and Social Outlook (WESO) report released yesterday by the International Labour Organization (ILO).

2d ago

Nissan plans $7 billion funding, including loan backed by UK government, Bloomberg News says

Nissan is also considering taking out a 1 billion pound ($1.35 billion) syndicated loan guaranteed by UK Export Finance, the report said.

2d ago

Asian stocks track Wall St rally as trade fears ease, eyes on Japan debt

Buying was also boosted by Trump's post on social media saying progress with Brussels was being made.

2d ago

Bangladesh all set to ship mango to China for first time

The first shipment will be sent tomorrow, and a second will follow if China is satisfied

3d ago

EU 'fully committed' to reaching US trade deal: commissioner

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".

3d ago
Organisation News

Organisation News

Iqbal U Ahmed made new chairman of Bangladesh Finance

Iqbal U Ahmed, an independent director of Bangladesh Finance, has been appointed chairman of the non-bank financial institution..He succeeded Manwar Hossain, the outgoing chairman, on May 29 of 2025, following a board meeting held at the institution’s head office in Dhaka, according to a p

1d ago

Bangladesh, Argentina eye deeper trade ties through joint ventures

There is immense potential in Bangladesh, and both Argentina and Bangladesh must actively explore avenues for joint ventures particularly in energy, agribusiness, medical technology, and the cotton trade, said Marcelo Carlos Cesa, ambassador of Argentina to Bangladesh..The ambassador made

2d ago

ICCB holds workshop on back-to-back LCs for bankers in Ctg

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

3d ago

ACI Motors sets record in Sonalika tractor delivery

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

3d ago

Mastercard launches Eid-ul-Azha campaign with rewards

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

4d ago

BNPS organises two-day workshop on localisation of women, peace, security agenda

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

5d ago

Air Astra honours top business partners

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

5d ago

Aga Khan Academy Dhaka celebrates graduation of its first IB Diploma Programme cohort

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

5d 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

Ethics, PR and beyond

Recently, there has been too much discussion about ethics. At the same time, we get to see individuals getting into too much public relations (PR) too.

2y ago

More farmers joining in synchronised cultivation of rice

For the first time in his 30 years of farming, Samaresh Mondal is growing dry-season rice, locally named Boro, along with 50 of his peers in a synchronised manner in their locality of Satibunia under Botiaghata upazila of Khulna.

2y ago

Bangabazar traders seek loan deferment

Traders of Bangabazar Complex, who were running their business on loans, have urged the government to ensure that they do not have to pay instalments for a specified period as they are recovering from a recent fire at the apparel market in Dhaka’s Gulistan.

2y ago

Challenges that could persist in the coming days

External pressure is expected to remain elevated, high inflation is likely to weigh on aggregate demand, consumer spending growth could slow, and protracted global and domestic uncertainties are expected to put pressure on investment growth in Bangladesh in the coming days.

2y ago

North to see its largest private hospital

A 1,000-bed private hospital will be set up in the northern district of Panchagarh at an estimated cost of Tk 2,500 crore from “local and foreign investors” who seek to meet healthcare needs of locals and neighbouring countries’ citizens. 

2y ago

War hit private sector harder than pandemic

Companies in Bangladesh have been hit harder by the global turmoil induced by the Russian-Ukraine war than the crisis inflicted by the coronavirus pandemic

2y ago

Dredging lets first 10.2m draught vessel anchor at Payra port

For the first time since opening around a decade ago, Payra Sea Port has been able to accommodate a vessel having a draught of 10.2 metres owing to the dredging of a channel connecting it to the sea. 

2y ago

Airbus deliveries fell to 127 jets in Q1

Airbus deliveries fell by 11 per cent on an industrial basis to 127 jets in the first quarter, underscoring the pressure on global supply chains and paving the way for a 12-week sprint to steady the trajectory by mid-year, industry sources said.

2y ago

Floating interest rates a must for economic stability

The government should get rid of its mentality of fixing rates for any sector, as the bank interest and forex exchange rates should be floating and there should not be any floor price in the stock market, economists said yesterday.

2y ago

Emirates to offer daily flights to Toronto via Dubai

Emirates is stepping up its frequency with two additional flights per week between Dubai and Toronto after an expanded air transport agreement between the United Arab Emirates (UAE) and Canada.

2y ago