Grey handset market booms as taxes, currency shock push prices up

When the official market is constrained, the grey market thrives, and that is precisely what has happened in the mobile phone sector of Bangladesh.

Construction sector sees falling costs amid weak demand

Construction costs in Bangladesh fell for the seventh consecutive month in November, as official data from the Bangladesh Bureau of Statistics (BBS) showed a continued slide in building-material prices amid weakening market demand, according to industry insiders.

From waste to wealth

In a major step towards green and sustainable industry, a new factory in Patuakhali is transforming fallen betel nut leaf sheaths, locally called khol, into durable, biodegradable tableware.

Who is raising our children now?

If Bangladesh suddenly bans social media for everyone under sixteen, the first shock will not shake the earth. It will shake the nation’s emotions.

India capex hole puts world-beating growth at risk

India’s blistering growth has a quality problem. GDP is speeding ahead at 8 percent in the world’s fifth-largest economy but the government is doing the heavy lifting on investment.

Bank resolution ordinance / A promise on paper without depositor protection: PRI

The Bank Resolution Ordinance will remain merely a promise on paper unless the authorities can conduct orderly resolutions, manage failing banks effectively, and protect depositors while minimising systemic risks, according to the Policy Research Institute of Bangladesh (PRI).

Deadlock over Ctg chamber polls eases

The deadlock over the biennial elections of the Chittagong Chamber of Commerce and Industry (CCCI) appears to have ended after the High Court said yesterday that there is no bar to two categories taking part in the polls.

BSEC to create a pool of independent directors for appointments

The Bangladesh Securities and Exchange Commission (BSEC) will create a pool of independent directors to help companies select those best suited to their business, BSEC Commissioner Farzana Lalarukh said yesterday.

BGMEA seeks Chinese investment in man-made fibre

Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the Chinese investors for joint-venture investment in manmade fibre (MMF), chemical and renewable energy..The request was made during a meeting between the BGMEA officials an

Economy

Economy

Bangladesh needs a truth commission for economic crimes: Lutfey Siddiqi

The Policy Research Institute of Bangladesh organised the discussion on bank failures and the resolution regime

17h ago

VAT dominance squeezes consumers as income tax lags

VAT is charged at every stage of production and sale, and consumers always bear the final cost

1d ago

After a decade of decline, poverty rising again since 2022: Salehuddin

The government has now publicly acknowledged that the number of people living in poverty is growing

1d ago

ICDs postpone decision to suspend container handling

ICDs have postponed their earlier decision to suspend handling of export, empty containers for a month

1d ago

Put domestic industry and business first

Historically, governments have used construction to fight stagflation and recession

1d ago

Export growth hindered by regulatory gaps, weak infrastructure

Business leaders call for reforms

1d ago

ADB lowers Bangladesh’s growth forecast further

The Manila-based lender said GDP growth in FY26 may reach 4.7 percent

1d ago

Islami Bank’s bad loans surpass Tk 1 lakh crore

Scams and irregularities by S Alam Group pushed the shariah-based bank into crisis, as toxic assets continue to surface

1d ago
Global Economy

Global Economy

Fed makes third straight rate cut

A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months.

9h ago

How China Inc is marching into Vietnam amid US tariffs

Chinese firms are expanding in Vietnam, leading investment inflows and sending record shipments to Hanoi in defiance of US calls for decoupling, as the Communist neighbours beef up ties.

10h ago

Divided US Fed makes third straight rate cut, signals higher bar ahead

Wednesday's reduction by a quarter percentage point brings rates to a range between 3.50 percent and 3.75 percent

19h ago

BICDA postpones decision to suspend container handling

The association agreed to the CPA chairman’s call to postpone the suspension decision by a month

1d ago

Rules eased for capital goods import

The new instruction aims to simplify access to import finance for industries against the import of capital goods for a tenor of three years

1d ago

Analysis / How China Inc is marching into Vietnam amid US tariffs​​​

Hanoi's overtures to Beijing may reflect its long-standing policy of balancing foreign ties

1d ago

Trump says US will allow sale of Nvidia AI chips to China

President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow US chip giant Nvidia to export advanced artificial intelligence chips to China.

2d ago

Bitcoin’s 2025 rollercoaster may end on a low

With a series of record highs and crushing sell-offs, 2025 has been a rollercoaster ride for bitcoin, the world’s largest cryptocurrency, which is at risk of ending the year with its first annual decline since 2022.

2d ago
Organisation News

Organisation News

PBIL signs MoU with Bluenergy, Gtech Infrastructure to accelerate renewable energy

Prime Bank Investment PLC (PBIL) recently signed a memorandum of understanding (MoU) with the consortium of Bluenergy Solutions Ltd and Gtech Infrastructure Ltd, two pioneers in solar engineering and industrial clean energy development in Bangladesh..Under the agreement, PBIL will provide

12h ago

Bangladesh Lamps declares 10% dividend

Bangladesh Lamps PLC, the authorised manufacturer and distributor of Transtec lighting products, including smart LED bulbs, tube lights and other lighting accessories, yesterday declared a 10 percent cash dividend for the year that ended on June 30, 2025..The declaration was made at the co

13h ago

Fuel shortages, weak transmission put energy security at risk: AmCham

Energy security has become “critically important” for Bangladesh as the country grapples with fuel shortages, outdated transmission systems and declining gas reserves, said Syed Ershad Ahmed, president of the American Chamber of Commerce in Bangladesh (AmCham)..He made the comment at a foc

1d ago

Riad Mahmud elected BAPLC president

Riad Mahmud, managing director of National Polymer Industries PLC, has been elected president of the Bangladesh Association of Publicly Listed Companies (BAPLC) for a two-year term (2026-2027)..The BAPLC, the top body representing companies listed on Bangladesh’s stock exchanges, also elec

1d ago

Fahmida Khatun appointed to UN expert panel

The 15-member panel, comprising global experts serving in their personal capacities, will guide the future development and application of the MVI

1d ago

NCC Bank Securities signs loan deal with ICB

NCC Bank Securities and Financial Services Limited (NCCB Securities), a subsidiary of NCC Bank PLC, has recently signed a loan agreement with the Investment Corporation of Bangladesh (ICB)..Under the agreement, ICB has approved a loan of Tk 2,500 crore for NCCB Securities to invest in its

2d ago

bKash redefines ‘Amar bKash’ icon based on customer needs

The country’s leading mobile financial service (MFS) provider, bKash, recently redefined its app to make it simpler and more efficient, tailoring its features to each customer’s usage patterns and needs..The new presentation of the ‘My bKash (Amar bKash)’ icon now gives users an instant sn

2d ago

Shaathi Foundation holds digital violence awareness session at JAAGO School

Over 40 students attended 40‑minute session on legal steps and reporting mechanisms for online abuse

3d ago
Business Multimedia

Business Multimedia

How prepared is Bangladesh for signing FTAs?

The Daily Star's Senior Reporter Refayet Ullah Mirdha tries to tackle these questions with Khondoker Md Shoyeb in today's episode of Star Viewsroom

How is Bangladesh being affected despite the US tariff suspension?

Watch today's episode of Star Explains to find out more

What's stopping the govt from breaking market syndicates?

Watch to find out more in today's episode of Star Explains with Ahsan

Which savings certificate offers the highest returns?

In recent years, treasury bills and bond interest rates have exceeded those of savings certificates

Food prices stubbornly high despite govt measures

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.

BSEC to create a pool of independent directors to ease appointments

The Bangladesh Securities and Exchange Commission (BSEC) will create a pool of independent directors to help companies select those best suited to their business, BSEC Commissioner Farzana Lalarukh said today..She made the announcement at an event on independent directors, jointly orga

11h ago

Sadiqur Rahman promoted to AMD of Meghna Bank

Meghna Bank PLC has promoted Md Sadiqur Rahman to the post of additional managing director (AMD)..Prior to this promotion, Rahman was serving the bank as a deputy managing director and also held the role of managing director and chief executive officer (current charge), according to a pres

11h ago

Islami Bank holds 42nd AGM

Islami Bank Bangladesh PLC held its 42nd annual general meeting (AGM) at the Kurmitola Golf Club in Dhaka today..Prof M Zubaidur Rahman, chairman of Islami Bank Bangladesh PLC, presided over the meeting as the chief guest, according to a press release..In his speech, Rahman said

11h ago

StanChart, BRAC University train next-gen financial crime experts

Standard Chartered Bangladesh and BRAC University celebrated the success of their Financial Crime and Compliance (FCC) certification programme, an initiative aimed at strengthening the country’s defences against financial crime and enhancing compliance standards across the banking sector..

12h ago

BRAC Bank surpasses $2 billion in remittances inflow

BRAC Bank PLC has surpassed $2 billion in remittance inflows in 2025, climbing from the 17th to the 4th position in the past five years. .The bank’s steady growth from $427 million in 2020 to $1,605 million in 2024 reflects rising customer confidence, according to a press release..To

12h ago

Bank Asia organises AML & CFT awareness programme

Bank Asia PLC recently organised an awareness programme on anti-money laundering (AML) and combating the financing of terrorism (CFT) at Bank Asia Tower in Karwan Bazar, Dhaka..The objective of the programme was to strengthen institutional knowledge and awareness on AML and CFT..Md M

12h ago

Trust Bank launches UnionPay cards

Trust Bank PLC has launched a new card service, titled “UnionPay International Card Issuance”, expanding its card portfolio and enhancing global payment convenience for customers..Ahsan Zaman Chowdhury, managing director and chief executive officer of Trust Bank PLC, inaugurated the servic

1d ago

Prime Bank offers loan benefits for BYD car buyers

Prime Bank PLC has signed an agreement with CG Runner BD Limited, the authorised distributor of BYD vehicles in Bangladesh, to provide special loan benefits for customers purchasing BYD cars..Md Nazeem A Choudhury, deputy managing director of Prime Bank PLC, and Hafizur Rahman Khan, chairm

1d ago

Govt exempts excise duty on Hajj air tickets

The exemption will remain in place until June 2026

1d ago

Regulator cancels TradeCap’s licence renewal application

BSEC spokesperson says the brokerage house’s ownership transfer was not done properly

1d ago