The steel manufacturer made Tk 85.64 crore in FY25, up 205% year-on-year

According to a letter by the BFIU, the accounts will be frozen for 30 days, with the possibility of an extension if needed

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.

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.

Kyaw Sein Thay Dolly, managing director of Cloths R Us, exemplifies resilience and determination in the face of adversity.

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.

Pubali Bank has transformed from a troubled institution to one of Bangladesh’s leading private banks over the last six decades.

Sk Bashir Uddin, born in 1974 in the village of Navaron, Jessore, stepped into the world of business under the stern guidance of his father, Sheikh Akij Uddin.

Kihak Sung, chairman of Youngone Corporation, is a pioneer in Bangladesh’s readymade garments and textile sectors, playing a crucial role in the country’s rise as a major global exporter.

The government has cancelled its deal with Summit Group on the second Floating Storage and Regasification Unit (FSRU).

Corruption and institutional impediments are the major barriers for non-governmental organisations (NGOs) to run their activities smoothly in Bangladesh, NGO representatives told a committee preparing a white paper on the state of the economy yesterday. 

Jatri, a digital ticketing platform that is revolutionising public transportation in Bangladesh, has announced its expansion into the Gulf Cooperation Council (GCC) market, starting with Saudi Arabia and the UAE, by introducing “Saafir”.

India’s central bank is likely to keep rates steady on Wednesday, with a small number of investors betting on the probability of a change in stance to neutral, opening the door to rate cuts as economic growth slows and global rates ease.

Top Chinese economic policymakers are expected to flesh out a raft of growth-boosting policies on Tuesday, after the announcement of long-awaited stimulus measures last month sparked a blistering stock market rally.

Bangladesh’s mobile data prices are among the highest in the region, surpassing Pakistan, India, and even developed countries like France and Italy. In today’s world, access to affordable data is a necessity, not a luxury. It’s the bridge between a mother staying connected to her children overseas, a farmer consulting a doctor via telemedicine, or a student in a remote village accessing the same quality education as a child in Dhaka. When the cost of data is high, we’re not just raising prices, we’re raising barriers to progress, education, and health.

Indices of the Dhaka Stock Exchange (DSE) fell for a second day yesterday as jittery investors went on a share selling spree amid price movements.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday formed a five-member taskforce to prepare a report comprising recommendations for bringing about reforms to ensure good governance in the stock market.

The DHL and The Daily Star come together every year to recognise the best businesses in Bangladesh.

Ten companies of S Alam Group have been ordered to pay Tk 1,414 crore of unpaid value-added tax (VAT) they allegedly “evaded” in the past two years.

Bangladesh’s economy is expected to clock a 7.1 percent growth in fiscal year 2025-26, driven by exports and remittances, according to an HSBC Global Research report.