‘Some traders exploiting onion price differences of India, Bangladesh’
Pallab Bhattacharya, New Delhi
11 December 2023 • Business
Provati Insurance enters securities trading business
Star Business Report
11 December 2023 • Business
Nine building blocks for a future-proof digital bank
Jakirul Islam
11 December 2023 • Business
'Onion hoarders will be punished'
UNB, Dhaka
11 December 2023 • Business
1.7 tonnes of onion found in shop with ‘No onion’ sign
Staff Correspondent, Ctg
10 December 2023 • Business
Highest VAT depositor nine firms honoured
Star Business Report
10 December 2023 • Business
Renata all set to enter Australian pharma market
Star Business Report
10 December 2023 • Business
Single point mooring transports 60,000 tonnes diesel in 35 hours
Staff Correspondent, Chattogram
9 December 2023 • Business
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
Star Business Report
9 December 2023 • Business

UK minister says pension ‘triple lock’ not under threat

Britain’s business minister Kwasi Kwarteng said on Monday he was “pretty sure” the so-called ‘triple lock’ system for increasing state pensions would not be changed to pay for the cost of dealing with the Covid-19 pandemic.
21 June 2021

Vaccination key to fast business revival

Vaccination of 12 crore more people within the next one year is a must to restore confidence and revive Bangladesh’s businesses and economy, said analysts yesterday.
21 June 2021

Bank of England set to stay split on QE after inflation jump

Britain’s top central bank officials look set to remain divided this week over whether to pull the plug on their 875 billion-pound ($1.2 trillion) government bond purchase programme, after inflation hit its highest in nearly two years.
21 June 2021

Bangladesh prepares for Libor phase-out

The Bangladesh Bank yesterday issued a policy on calculating the interest rate of short-term foreign loans as the London Interbank Offered Rate (Libor) is set to be phased out gradually from next year.
21 June 2021

German union calls for Amazon workers to strike on ‘Prime Day’

A German trade union called on workers at seven Amazon warehouses to go on strike on Monday for several days to coincide with the global Prime Day promotion.
21 June 2021

Restaurants spring up in past decade

The number of restaurants and the people involved in the sector has significantly increased over the decade to 2019-20 thanks to changing lifestyle, increasing mobility of people, and demand for dining-out, according to a new survey.
21 June 2021

Fed’s ‘big tent’ framework may fray under inflation surge

The US Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best chance after the pandemic, is being tested by a potentially table-turning rebound of inflation and what’s become a relative rush of policymakers determined not to let it get out of hand.
21 June 2021

GP retrenches 159 employees

Grameenphone retrenched 159 employees on Sunday after they refused to accept its voluntary retirement scheme (VRS).
21 June 2021

Banks, miners lead European shares to two-week low

A slide in bank and mining stocks led European shares to a two-week low on Monday after the U.S. Federal Reserve’s surprisingly hawkish stance on monetary policy last week, while Morrisons surged 31 per cent on hopes of a bidding war to buy out the UK grocer.
21 June 2021

Singer offers 500 refrigerators free for Eid

Singer Bangladesh recently launched a “SINGER Eid Anondo Offer” on refrigerator and freezer purchases ahead of Eid-ul-Azha.
21 June 2021

GPH Ispat begins commercial production in Tk 2,390cr plant

GPH Ispat begins commercial production in its Tk 2,390 crore plant to produce MS billet and rod today, which fuelled the company’s share price to instantly see a 2.47 per cent rise in the stock market.
21 June 2021

Axiata, Telenor seal $15 billion deal to form Malaysia’s biggest mobile operator

Malaysian telecoms firm Axiata Group Bhd (AXIA.KL) and Norway’s Telenor ASA (TEL.OL) will merge their mobile operations in Malaysia in a $15 billion deal, forming a new market leader in the competitive Southeast Asian nation.
21 June 2021

Amazon, Apple most valuable brands but China’s rising - Kantar survey

Amazon (AMZN.O) and Apple (AAPL.O) are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking by Kantar’s BrandZ.
21 June 2021

Floor price removal boosts Dhaka stocks to hit new high

Dhaka stocks hit nearly a three-and-a-half-year high today as institutional investors got their confidence back after the removal of the floor price from all companies by the stock market watchdog.
21 June 2021

Dollar holds gains after Fed boost; bitcoin tumbles

The dollar held on to the previous week’s gains on Monday after the Fed’s surprise hawkish tilt, while bitcoin tumbled as China stepped up its crackdown on mining of the cryptocurrency.
21 June 2021

Foreign investment in Bangladesh fell 11% in 2020

Foreign direct investment (FDI) in Bangladesh has declined by about 11 per cent to $2.6 billion in 2020.
21 June 2021

DCCI, Vietnam embassy team up to foster trade, investment

The Dhaka Chamber of Commerce and Industry (DCCI) and the embassy of Vietnam in Bangladesh have signed a memorandum of cooperation to foster trade and investment between the two countries.
20 June 2021

Baltic Pipe gas link work resumes but faces 3-month delay

Construction work on Baltic Pipe, a pipeline connecting Poland with Norwegian gas fields via the Baltic Sea and Denmark, will resume after a temporary halt was announced earlier this month, Danish grid operator Energinet said on Saturday.
20 June 2021

UK’s Sunak considers cap to annual pension rise

British finance minister Rishi Sunak is considering blocking a near 6 per cent rise in old-age pension payments as part of a wider effort to rein in the cost of Prime Minister Boris Johnson’s spending, the Sunday Times newspaper said.
20 June 2021

Chevron returning offshore workers, restarts output halted by US storm

Chevron Corp said on Saturday it was returning offshore workers who had been evacuated ahead of Tropical Storm Claudette from its Gulf of Mexico production platforms.
20 June 2021