Weekly Recap / 5 key developments of the economy last week
Star Business Report
51 MIN(s) ago Business
FDI rose in 2025, but fresh equity stayed weak
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15 May 2026, 00:00 AM Economy
BB eases lending limits for big businesses
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15 May 2026, 00:00 AM Economy
Nigeria’s Jiji acquires Bikroy.com
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15 May 2026, 00:00 AM Economy
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15 May 2026, 00:00 AM Economy
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15 May 2026, 00:00 AM Economy

Duty exemptions surged 20% in FY23

Duty exemptions provided by the National Board of Revenue (NBR) have been increasing over the years despite Bangladesh’s low tax-to-GDP ratio and the International Monetary Fund’s (IMF) recommendation to rationalise such expenses.
18 September 2024, 18:00 PM

BB withdraws directive on holding virtual meetings

Bangladesh Bank yesterday withdrew its previous instructions for holding meetings of banks virtually as a part of austerity measures taken during the Covid-19 pandemic in 2020.
18 September 2024, 18:00 PM

CSE gets 7 new independent directors

The Bangladesh Securities and Exchange Commission (BSEC) has appointed seven independent directors to Chittagong Stock Exchange (CSE).
18 September 2024, 15:39 PM

Stocks rise after falling for two days

Bangladesh’s stock market rose yesterday on falling for two days as investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amidst price movements..A blue chip is a nationally or internationally recognised, well-established, and financially sound co
18 September 2024, 15:05 PM

8 investors, one brokerage fined Tk 1.2cr for price manipulation

The Bangladesh Securities and Exchange Commission (BSEC) today fined eight investors and one brokerage firm a total of Tk 1.20 crore for manipulating prices of two stocks.
18 September 2024, 15:04 PM

BSEC to run probes on 4 CWT mutual funds

The Bangladesh Securities and Exchange Commission (BSEC) today decided to conduct investigations on four mutual funds of CWT Private Equity.
18 September 2024, 14:51 PM

Bangladesh seeks UK help to investigate Sheikh Hasina’s allies, FT reports

Bangladesh has sought assistance from the UK to investigate the overseas wealth of allies of former prime minister Sheikh Hasina, as the new government intensifies its crackdown on members of her ousted regime, The Financial Times (FT) reported
18 September 2024, 10:12 AM

BSEC to investigate Nafeez’s SEML for illicit trading

The Bangladesh Securities and Exchange Commission (BSEC) is set to investigate all the activities of Strategic Equity Management Ltd (SEML) since its inception in 2007, and to check for any anomalies
18 September 2024, 10:06 AM

25 Factories remain closed in Ashulia

Most garment factories in the Ashulia industrial area reopened today in a sign of a gradual return of normalcy in the region following more than two weeks of unrest
18 September 2024, 06:09 AM

World Bank Vice President Martin Raiser arrives in Dhaka

The World Bank Vice President for the South Asia Region Martin Raiser arrived in Dhaka today for a two-day visit.
18 September 2024, 05:28 AM

Jamuna Fashion workers block road in Mirpur over back pay

Around 700 workers of Jamuna Fashion Wears Ltd blocked the road in front of Bangladesh University of Business and Technology in Rupnagar, Mirpur at 9:15 am today
18 September 2024, 04:43 AM

Interim govt to hold first Ecnec meeting today

The interim government is set to hold the first meeting of the Executive Committee of the National Economic Council (Ecnec) today where proposals would likely be placed on five projects, including two new ones..Muhammad Yunus, chief advisor to the interim government and chairperson of Ecne
17 September 2024, 19:08 PM

FICCI, Bida to work together to attract foreign investment

The Bangladesh Investment Development Authority (BIDA) and the Foreign Investors Chamber of Commerce and Industry (FICCI) will work together to help attract foreign investment, according to a press release..Lutfe Siddiqui, the special envoy on international affairs to the chief adviser of
17 September 2024, 18:50 PM

Stock keep falling amid wait for earnings disclosures

Stock market indexes in Bangladesh extended its losing streak for the second consecutive day yesterday as cautious investors opted to wait for corporate earnings disclosures before making significant trades..The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went down by 30.1
17 September 2024, 18:00 PM

Bangladesh to clear all overdue LCs within six months

Bangladesh will clear all overdue payments relating to letters of credit (LCs) within the next five to six months, Bangladesh Bank (BB) Governor Ahsan H Mansur assured correspondent banks yesterday.
17 September 2024, 18:00 PM

Chicken, egg traders defy govt-fixed prices

Eggs and broiler chickens -- a key source of protein for the poor -- are not being sold anywhere in Dhaka at rates set by the government on Sunday this week.
17 September 2024, 18:00 PM

Gazi Tyres workers face the fallout of mindless destruction

Standing outside the charred ruins of the Gazi Tyres factory in Rupsi, Rupganj on September 9, Billal Hossain was staring at a bleak future.
17 September 2024, 18:00 PM

India to add record renewables this year

India will connect a record 35 gigawatts (GW) of solar and wind energy capacity to its grid during the year ending March 2025, a top bureaucrat told Reuters, as it scrambles to achieve its 2030 clean energy target after falling short of a much publicised 2022 renewables goal.
17 September 2024, 18:00 PM

Free access to information: The cornerstone of knowledge-driven society

In today’s information-driven world, the demand for timely and relevant content is insatiable. Whether it is breaking news, government policies, consumer products, entertainment, or technological innovations, people want access to information when they need it.
17 September 2024, 18:00 PM

IsDB to give $4-5b in three years

Islamic Development Bank (IsDB) will likely provide an overall support of around $4 billion to $5 billion to various sectors in Bangladesh within the next three years under its “Member Country Partnership Strategy” (MCPS).
17 September 2024, 18:00 PM