Singapore keen to invest in financial sector

A high-powered business delegation from Singapore yesterday showed keen interest to invest in the banking and financial sector as it offers immense growth potential.
10 July 2018

Tax-breaks, incentives lure investors

A rising number of entrepreneurs are joining the queue to establish private economic zones, tempted by the tax breaks and a host of other benefits offered by the government.
9 July 2018

Book on customs tariff published

Bangladesh Customs Tariff, a compilation of import and export duty and other rates of taxes, has been published for the sixth consecutive year to help businesses, particularly importers and exporters, take decisions on overseas trade.
9 July 2018

World's biggest mobile factory opens in Noida

The world's biggest mobile factory was launched yesterday in Noida, a satellite township of New Delhi, jointly by Indian Prime Minister Narendra Modi and visiting South Korean President Moon Jae.
9 July 2018

Banks get battered

The heavyweight banking sector lost Tk 19,740 crore or 26.60 percent of its market capitalisation since the turn of the year in what can be viewed as a worrying development for the Dhaka Stock Exchange.
9 July 2018

Golden days beckon for jute

Jute and jute goods put in a solid shift in the overseas market in fiscal 2017-18, crossing the $1 billion mark in receipts after five years, much to the cheer of the government as it endeavours to lower dependency on garment.
9 July 2018

Mobile VAS providers should have licences

A good number of foreign mobile value-added services companies that repatriate a significant amount of funds from Bangladesh will face regulatory bar as the telecom regulator is set to introduce licensing for the business.
9 July 2018

Commercial service from September

Bangabandhu-1 satellite's first commercial service is scheduled to begin in September when it will be connecting vessels navigating in the Bay of Bengal and around the country to each other and to inland ports.
8 July 2018

Bangladesh: a best-kept secret

Standard Chartered Bank will do more for Bangladesh by way of continuing to promote the country abroad, attract foreign investors and connect local companies with global opportunities, said a senior executive of the global lender.
7 July 2018

Bitopi takes on expanded role at StanChart

Standard Chartered Bangladesh has recently announced that its head for corporate affairs, Bitopi Das Chowdhury, would also be leading
7 July 2018

Dhaka Bank celebrates 23rd anniversary

Dhaka Bank recently observed its 23 years' journey through donations at the bank's head office in Dhaka.
7 July 2018

BASIS launches second edition of ICT award

The Bangladesh Association of Software and Information Services (BASIS) yesterday launched a second national ICT award for 2018 to recognise outstanding achievements of individuals and entrepreneurs.
7 July 2018

Qubee shrinks business amid competition

Qubee is handing over 20,000 individual subscribers to its main competitor under a revenue sharing model as the wireless broadband service provider is seeking to reshape its business to survive the onslaught of high-speed mobile internet.
7 July 2018

Mutual funds trading below face value

Most of the mutual funds have been trading at lower than their face value for several years now as poor performance and mismanagement by fund managers spoiled investors' appetite.
7 July 2018

Private credit growth continues to fly low

Private sector credit growth continued its downward course in May after many banks sincerely adopted a 'go slow' policy in disbursing fresh loans.
7 July 2018

NBR receipts grow 20pc

The National Board of Revenue missed its collection goal in the just concluded fiscal year despite logging about 20 percent growth in receipts, said an official citing provisional figures.
7 July 2018

BB heist: CID submits forensic report to Philippines court

The heist of $81 million from Bangladesh Bank’s account with the Federal Reserve Bank of New York in 2016 was conducted by hacking into the central bank’s systems, according to a forensic report submitted to a Philippines court.
7 July 2018

5G trial run on July 25

The government now plans to go for a trial run of 5G mobile technology, which has caused the mobile users to raise an eyebrow, as its predecessor -- 4G -- is yet to cover major parts of the country.
5 July 2018

Invest more in people to fight future woes

World Bank Group President Jim Yong Kim was in Bangladesh from June 30 on a three-day visit. During his visit he talked to The Daily Star's Diplomatic Correspondent Rezaul Karim exclusively on a wide range of issues, including Bangladesh's need to prepare for the economy of tomorrow, improve business environment, invest more in human capital and think seriously about automation in shaping the path of economic development.
4 July 2018

Midas approves 10pc stock dividend

Midas Financing Ltd has approved 10 percent stock dividend for shareholders for 2017 at the company's 22nd annual general meeting.
1 July 2018