Tariff Commission again calls for duty cut to calm egg prices

After over a month, the Bangladesh Trade and Tariff Commission (BTTC) once again urged the National Board of Revenue (NBR) to withdraw import duties on eggs to cool off red-hot prices in the local market.
8 October 2024, 18:00 PM

No FDI in Ctg port against country’s interest

The interim government will not approve any foreign direct investment (FDI) in the Chattogram port that will end up compromising the country’s interests, said Brig Gen (retd) Sakhawat Hussain, adviser to the shipping, textile and jute ministries, yesterday.
8 October 2024, 18:00 PM

Economy better, yet in contractionary mode: PMI

The economic situation in Bangladesh improved in September compared to the preceding month but remains in a contractionary mode, suggests the latest Bangladesh Purchasing Managers’ Index (PMI).
8 October 2024, 18:00 PM

BSEC invites three firms for stock listing

The Bangladesh Securities and Exchange Commission (BSEC) has invited three major conglomerates, Meghna Group, City Group and PHP Group, to list their companies on the stock exchanges, aiming to provide good stocks for investors, according to an official press release.
8 October 2024, 18:00 PM

EkPay offering payment services without licence

EkPay, an e-payment system of the Aspire to Innovate (a2i) programme of the government, has been offering all types of payment services without obtaining a licence from the Bangladesh Bank (BB), which is in clear violation of the Payment and Settlement System Act-2024.
8 October 2024, 18:00 PM

Luxury car sales slow to a near-stop

Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh.
8 October 2024, 18:00 PM

Why the cost of Matarbari deep-sea port project is going up

Four years after its approval, the cost of the Matarbari deep-sea port project in Cox’s Bazar has escalated, while the deadline has been pushed back too.
8 October 2024, 18:00 PM

‘Three Zeros’ of Yunus a major catalyst for SDGs

The vision of “Three Zeros” of Dr Muhammad Yunus, chief adviser to the interim government, can act as a major catalyst for achieving Sustainable Development Goals (SDGs), a speaker said at a recent workshop..The “Three Zeros” -- zero poverty, zero unemployment and zero net carbon emissions
8 October 2024, 17:00 PM

DHL, Daily Star honour five business luminaries for outstanding achievements

The theme of this year's event is "Bangladesh on the rebound".
8 October 2024, 12:56 PM

Grameenphone to introduce speed-based mobile internet similar to WiFi

This is Bangladesh’s first speed-based limitless internet pack for mobile users
8 October 2024, 11:58 AM

Tariff Commission again calls for duty cut to calm egg prices   

On August 29, the commission sent an analytical report to the revenue board recommending duty cuts for the import of onions, potatoes and eggs
8 October 2024, 10:54 AM

BSEC invites Meghna, City, PHP for stock listing

The stockmarket regulator made the call in a meeting with the top brass of the three conglomerates
8 October 2024, 10:45 AM

DHL, The Daily Star all set to honour the best in business

The flagship annual event of the DHL and The Daily Star will begin soon to celebrate the outstanding achievements of businesses in Bangladesh
8 October 2024, 09:26 AM

Govt to import 4.5 crore eggs to stabilise prices

Seven companies given permission to bring in the eggs within December 31 this year
8 October 2024, 08:59 AM

GPH Ispat posts Tk 85.64 crore in FY25, up 205% year-on-year

The steel manufacturer made Tk 85.64 crore in FY25, up 205% year-on-year
8 October 2024, 08:41 AM

BFIU freezes bank accounts of Taposh, family

According to a letter by the BFIU, the accounts will be frozen for 30 days, with the possibility of an extension if needed
8 October 2024, 07:02 AM

Tk 353cr anomalies found at Sonali Life Insurance

The Bangladesh Financial Intelligence Unit (BFIU) has discovered anomalies worth Tk 353 crore at Sonali Life Insurance Company, accusing its former chairman Mostafa Golam Quddus and his family members of irregularities, fraud, and money laundering.
8 October 2024, 01:00 AM

Interim govt to continue the Japan funded project

The interim government will undertake a lone mega project during its tenure, namely the Matarbari deep-sea port, according to Planning and Education Adviser Prof Wahiduddin Mahmud.
7 October 2024, 18:24 PM

Outstanding Woman in Business 2023: Kyaw Sein Thay Dolly Managing director, Cloth “R” Us Ltd

Kyaw Sein Thay Dolly, managing director of Cloths R Us, exemplifies resilience and determination in the face of adversity.
7 October 2024, 18:00 PM

Best Enterprise of the Year 2023

In 1952, Akberali Africawala and his brothers formed the Bangladesh Steel Re-rolling Mills (BSRM) Group, which has since evolved into Bangladesh’s leading steel conglomerate.
7 October 2024, 18:00 PM