TIN requirement for opening bank accounts may be dropped

Trading in the Global Depository Receipts (GDRs) of Beximco Pharmaceuticals PLC on the London Stock Exchange (LSE) resumed on Friday after the exchange lifted a suspension imposed over delayed financial reporting.

Bangladesh’s insurance regulator is considering a one-time bailout package to help insurance companies clear around Tk 7,000 crore in outstanding claims, a move aimed at restoring public confidence in the sector.

A tax relief measure on mobile phone imports is set to expire next week with no extension in the proposed budget, stoking fears of further grey market expansion as the National Equipment Identity Register (NEIR) remains unimplemented.

Older, scaled firms poised to get major tax benefits

United Commercial Bank PLC (UCB) turned 43 on June 26. Incorporated in Bangladesh in 1983, the bank has grown into one of the country’s largest first-generation private commercial banks.

Garment exports from Bangladesh to the European Union (EU) fell 19.33 percent year-on-year to €6.09 billion in the January-April period of 2026 due to intense international competition and weaker demand

The facility is expected to add 550-600 million cubic feet of gas per day to the national grid

First Bangladeshi startup to receive the honour

The products are fortified maize (corn) oil; saris; woven dress fabrics for women and girls made of man-made fibres and their blends; LED luminaires; plastic feeding bottles; toys; and autoclaved aerated concrete blocks

The following is a recap of those major stories as covered by Star Business

Recognising the urgency, DBA President Saiful Islam led swift coordination between BSEC and BEXIMCO Pharmaceuticals' management to urge the necessary steps in the wider interests of investors

The funding includes $300 million as emergency support for food security

The US delegation also exchanged views on the amended labour law and labour policy reform initiatives in Bangladesh

Proposes draft law after banking woes identified as obstacle to $1tn economy ambition

The key challenge facing agricultural insurance in Bangladesh is not a lack of demand, but the absence of viable business models and risk-sharing mechanisms needed to scale the sector, experts said yesterday.

Some 60 percent of people who filed e-returns reported no taxable income, former finance adviser Salehuddin Ahmed said yesterday, describing the finding from his tenure under the interim government.

Bangladesh’s latest national budget heavily favours power generation over energy, with the Power Division receiving more than six times the allocation of the Energy and Mineral Resources Division (EMRD).

My office is slowly becoming a corporate emergency ward. CEOs walk in not with ECG reports, but with bruised egos, unsigned exit letters and bonuses that have developed a terminal illness.

A Tk 50 crore industrial estate in tea capital Sreemangal has remained almost abandoned for seven years, with high plot prices, a lack of basic utility services and administrative complications keeping investors away.