NBR officials escalate protest against ordinance 

Later in the day, representatives of the protesting officials planned to submit a memorandum to the chief adviser at the state guesthouse Jamuna

Stocks rally for third day

The DSEX gained 20.45 points to 4,821.77 as of 12:10 pm

BB should be transparent about its consumer credit rating licence

The initiative, which received little public attention at the time due to political instability, represents a critical juncture in Bangladesh's financial infrastructure development.

Govt to address tea tax mismanagement: Bashir

The sales figure is a combination of Tk 4,000 crore worth of tea leaves and the value of milk and sugar and revenue of retailers, he said.

Weak US economic outlook persists despite brief trade truce with China: Reuters poll

Economists in a May 14-21 Reuters poll were unanimous the Trump administration's policies have hurt the economy

MetLife settles highest life insurance claims in 2024

The company disbursed Tk 2,895 crore in claims last year, maintaining a claims settlement ratio of 97.79 percent

Only 0.1% of account holders control 42% of deposits: PRI study

A tiny fraction of account holders and just two districts -- Dhaka and Chattogram -- dominate banking deposits and loans, exposing deep inequalities in access to financial services in Bangladesh, according to a new study by the Policy Research Institute (PRI).

STALEMATE OVER TAX REFORM ORDINANCE / Engage multi-stakeholders, political parties and ensure transparency

Separating tax policy from tax collection has long been recommended. This idea was strongly proposed in a recent white paper on the economy. About four months ago, the National Board of Revenue’s (NBR) Advisory Committee, which is working on broader reforms for the NBR, submitted an interim report.

Asian equities track Wall St sell-off as US deficit fears grow

All three main indexes on Wall Street ended sharply lower.

Economy

Economy

Sammilito Parishad vows to help achieve $100b exports by 2030

Market and product diversification and launching an alternative incentive benefit policy for post-LDC competitiveness are some of its other pledges.

4h ago

Extortion remains rampant, threatens business confidence

Extortion continues to be a widespread problem for businesses across the country although eight months have passed since the fall of the previous authoritarian regime, business leaders said yesterday.

10h ago

IsDB to give $241.3m for climate-resilient bridges

Bangladesh has signed a $241.3 million financing agreement with the Islamic Development Bank (IsDB) to construct five climate-resilient bridges in the Mymensingh division.

14h ago

Islami Bank removes MD

The board of directors of Islami Bank has removed its managing director, Muhammad Monirul Moula, due to his alleged involvement in loan irregularities and mismanagement unearthed by an external audit.

14h ago

NBR plunges into turmoil

The crisis at the National Board of Revenue is deepening as disgruntled employees have launched a fresh five-day protest, demanding the chairman’s removal and the repeal of a new ordinance that splits the tax authority. The protest threatens to disrupt tax collection, delay trade and further strain the country’s revenue targets.

14h ago

STALEMATE OVER TAX REFORM ORDINANCE / Separation of powers no magic bullet for reform

Separation of policy from implementation has been a crucial and long-overdue item in the reform agenda of the National Board of Revenue (NBR).

14h ago

Pay workers by May 28 or face jail

Labour and Employment Adviser to the caretaker government Brig Gen (retd) M Sakhawat Hussain yesterday said that garment factory owners must clear outstanding wages of their workers by May 28 ahead of Eid-ul-Azha or risk imprisonment.

14h ago

Broadband internet prices cut by Tk 100

The internet regulator has reduced broadband internet prices at the consumer level by up to 20 percent in a bid to make internet access more affordable across the country.

14h ago
Global Economy

Global Economy

BGMEA wants 3-month window from India to clear pending shipments

The association urges the interim government to send a letter to India seeking the opportunity

15h ago

US importers race to create bonded warehouses amid Trump tariffs

The rush to bond U.S. warehouses for goods ranging from clothing to auto parts is a bet for some that raised U.S. tariffs will be only a short-term policy by the Trump administration.

1d ago

China slams US 'bullying' over new warnings on Huawei chips

Beijing condemned new US warnings on the use of AI chips made in China

1d ago

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.

1d ago

Weaker Donald Trump will struggle to keep promises

Donald Trump can still cut deals and issue orders. But the US president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China, which should be critical to his promise to “Make America Great Again”, has shifted in Beijing’s favour.

1d ago

China cuts key rates to aid economy as trade war simmers

China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-US trade war..The widely expected rate cuts are aimed at stimulati

1d ago

Banks can now pay fees for correspondence courses abroad

The facility shall be admissible for one correspondence course at a time

1d ago

Apple supplier Foxconn to invest $1.5 billion in India unit

In March, Apple ramped up India production, exporting around 600 tons of iPhones worth $2 billion to the US.

2d ago
Organisation News

Organisation News

Akij Food to raise Tk 500cr thru zero-coupon bond

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.

2d ago

Competition commission to redefine ‘dominant players’

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.

2d ago

Bepza, ILO sign deal to strengthen workers’ rights in EPZs

The Bangladesh Export Processing Zones Authority (Bepza) has signed a Letter of Intent (LoI) with the International Labour Organization (ILO) to implement a two-year action plan (2025–2027) focused on labour reforms, aimed at strengthening workers’ rights and enhancing workplace safety across Ba

2d ago

SMC unveils new ORSaline to mark 50 years of lifesaving impact

Social Marketing Company (SMC) has launched a new oral rehydration solution, “SMC ORSaline”, under the brand, “ORSaline-N,” featuring a fresh new packaging design..The newly unveiled pack commemorates SMC’s 50th anniversary, reflecting its enduring legacy of innovation and its remarkable i

2d ago

Techvital Systems, MAK team up to bolster healthcare

Techvital Systems Limited has entered into a strategic sales partnership agreement with Indonesia-based Mega Andalan Kalasan (MAK) during the 16th Meditex Bangladesh 2025 exhibition, aiming to enhance access to advanced medical equipment in Bangladesh..Nizamuddin Hasan Rashid, managing dir

3d ago

Yamaha Riders Club launches ‘Safe Road, Safe Ride’ campaign

The Yamaha Riders Club, a community of motorcycle enthusiasts dedicated not only to biking activities but also to promoting social awareness, has recently launched a nationwide campaign entitled “Safe Road, Safe Ride” in observance of UN Global Road Safety Week..As part of the initiative,

4d ago

Electro Mart unveils Gree's four new AC series

Electro Mart Limited, a manufacturer and marketer of electronics and home appliances in the country, has recently introduced four new series under the renowned air conditioner brand Gree -- Cosmo, Shimo, Zeno, and Clivia -- to the Bangladeshi market..The newly launched series are equipped

4d ago

PBIL, WeGro team up to expand opportunities for agri investors

Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, has entered into a memorandum of understanding (MoU) with WeGro Technologies Limited, a digital platform facilitating investment in agricultural ventures..Syed M Omar Tayub, managing director and CEO of PBIL, and Md Mahm

4d 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

BB should be transparent about its consumer credit rating licence

The initiative, which received little public attention at the time due to political instability, represents a critical juncture in Bangladesh's financial infrastructure development.

35m ago

MetLife settles highest life insurance claims in 2024

The company disbursed Tk 2,895 crore in claims last year, maintaining a claims settlement ratio of 97.79 percent

52m ago

NBR officials escalate protest against ordinance 

Later in the day, representatives of the protesting officials planned to submit a memorandum to the chief adviser at the state guesthouse Jamuna

58m ago

Weak US economic outlook persists despite brief trade truce with China: Reuters poll

Economists in a May 14-21 Reuters poll were unanimous the Trump administration's policies have hurt the economy

1h ago

Govt to address tea tax mismanagement: Bashir

The sales figure is a combination of Tk 4,000 crore worth of tea leaves and the value of milk and sugar and revenue of retailers, he said.

2h ago

Stocks rally for third day

The DSEX gained 20.45 points to 4,821.77 as of 12:10 pm

2h ago

Asian equities track Wall St sell-off as US deficit fears grow

All three main indexes on Wall Street ended sharply lower.

2h ago

Sammilito Parishad vows to help achieve $100b exports by 2030

Market and product diversification and launching an alternative incentive benefit policy for post-LDC competitiveness are some of its other pledges.

4h ago

Extortion remains rampant, threatens business confidence

Extortion continues to be a widespread problem for businesses across the country although eight months have passed since the fall of the previous authoritarian regime, business leaders said yesterday.

10h ago

IsDB to give $241.3m for climate-resilient bridges

Bangladesh has signed a $241.3 million financing agreement with the Islamic Development Bank (IsDB) to construct five climate-resilient bridges in the Mymensingh division.

14h ago