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Tk 1,497 crore fines imposed in stock market crackdown
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Taskforce formed for stock market reform

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.
7 October 2024, 18:00 PM

DHL, Daily Star to honour best in business today

The DHL and The Daily Star come together every year to recognise the best businesses in Bangladesh.
7 October 2024, 18:00 PM

NBR detects Tk 1,400cr of unpaid VAT of S Alam firms

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.
7 October 2024, 18:00 PM

Bangladesh economy to grow 7.1% in FY26: HSBC

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.
7 October 2024, 18:00 PM

Manipulators behind protests against BSEC

The Bangladesh Securities and Exchange Commission (BSEC) has alleged that manipulators were fuelling protests against the regulator to prevent it from taking a stand against corruption and reforming the stock market.
7 October 2024, 18:00 PM

Uncertainty shrouds business recovery

The uphill battle to restore confidence among the business community is progressing slowly as the Prof Muhammad Yunus-led interim government marks its second month in office.
7 October 2024, 18:00 PM

Graft major barrier to smooth NGO operations

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. 
7 October 2024, 18:00 PM

Jatri to expand into GCC market

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”.
7 October 2024, 18:00 PM

India may keep rate on hold

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.
7 October 2024, 18:00 PM

China to flesh out economic stimulus plans after bumper rally

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.
7 October 2024, 18:00 PM

Govt cancels deal with Summit Group for second FSRU

Summit terms termination of the deal ‘unjustified’, says will appeal for review
7 October 2024, 16:09 PM

BSEC forms taskforce to reform stock market

The five-member panel starts working today
7 October 2024, 12:25 PM

Bangladesh economy to rebound next fiscal year

HSBC says in Global Research report
7 October 2024, 12:08 PM

Enhancing Awareness of Social Protection Benefits for RMG Workers

Experts discussed many other challenges and the importance of raising awareness on social protection among Ready-Made Garment (RMG) workers in the event.
7 October 2024, 12:01 PM

Armed forces to ensure security of BSEC

The decision was made yesterday at a meeting between BSEC Chairman Khondoker Rashed Maqsood, Rear Admiral Mir Ershad Ali, director general of the Bangladesh Coast Guard, and other officials from the armed forces
7 October 2024, 08:20 AM

Trade through Benapole to be suspended for 5 days for Durga Puja

However, passengers with passports will travel through the land port as usual.
7 October 2024, 06:32 AM

Freeze accounts of Bashundhara Group chairman, MD, family

The Bangladesh Financial Intelligence Unit (BFIU) yesterday asked banks to freeze all personal accounts of Bashundhara Group Chairman Ahmed Akbar Sobhan, his son and group Managing Director Sayem Sobhan Anvir, and their family members.
6 October 2024, 18:13 PM

Stocks fall sharply, led by Islami Bank

Stock market indexes in Bangladesh fell sharply yesterday, primarily for Islami Bank Bangladesh, as investors were reluctant to pour fresh funds for the purchase of shares amidst price fluctuations.
6 October 2024, 18:00 PM

Govt takes aim at raising non-tax receipts

The interim government of Bangladesh yesterday issued a policy with the aim of raising non-tax receipts as revenue mobilisation in the country remains poor.
6 October 2024, 18:00 PM

Non-banks’ default loans hit record high

Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.
6 October 2024, 18:00 PM