Breaking / Stocks drop as fresh trade news awaited, oil down on Iran hopes

News that Beijing was suspending some non-tariff countermeasures on US entities for 90 days following the superpowers' weekend truce did little to inject much more enthusiasm
15 May 2025, 05:12 AM Business
Trump: India has offered US a trade deal with no tariffs
The United States is India's largest trading partner, with bilateral trade totalling some $129 billion in 2024
15 May 2025, 08:14 AM Business
Akij Resource plans to launch digital bank
The company will soon apply to introduce “Munafa Digital Bank”
23 October 2025, 13:27 PM Business
ILO ratification demands labour reforms in Bangladesh
The rights groups welcome the move as a long-overdue response to workers’ demands
23 October 2025, 12:59 PM Business
Cheque dishonour case: Evaly’s Rassel, Shamima get 1-yr jail in Ctg
On September 16, 2021, Rassel and Shamima were arrested from their Mohammadpur residence in the capital in a case filed over fraud and embezzlement
2 June 2024, 14:25 PM Business
Tk 127 crore owed to customers: DNCRP forms body to facilitate refunds
The platforms had offered hefty discounts to lure unsuspecting customers to make advance payments of thousands of crores of taka
19 May 2024, 14:16 PM Business

OpenAI hits $500 billion valuation: report

OpenAI has reached a $500 billion valuation after current and former employees sold approximately $6.6 billion worth of shares, according to a recent Reuters report citing a source familiar with the matter. The deal represents a significant increase from the company’s previous $300 billion valuation.
2 October 2025, 05:29 AM Tech & Startup
A tech-based startup for student transport in Bangladesh
22 September 2025, 10:59 AM Tech & Startup
Five new registration services added to Bida OSS
14 September 2025, 18:00 PM Business

China slams US 'bullying' over new warnings on Huawei chips

Beijing condemned new US warnings on the use of AI chips made in China
21 May 2025, 02:57 AM

Institutions systematically weakened in past 15 yrs: Adviser

The institutional capacity of various organisations in Bangladesh has been systematically weakened over the past 15 years, both in the public and private sectors, said Commerce Adviser Sk Bashir Uddin.
20 May 2025, 20:52 PM

Govt to consider NBR officials’ concerns

The government will duly consider demands from protesting officials of the National Board of Revenue (NBR), who have been observing a pen-down strike since the interim government passed an ordinance aimed at dissolving the revenue board on May 12.
20 May 2025, 18:51 PM

Walton expands to Singapore

Walton Hi-Tech Industries PLC entered into a global distributorship agreement with Singapore-based Flair M&E Pte Ltd, appointing the company as its authorised distributor in Singapore for the next five years.
20 May 2025, 18:08 PM

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.
20 May 2025, 18:05 PM

Dearness allowance for civil servants on the cards

The government is considering introducing a dearness allowance for public servants in the upcoming national budget, said Finance Adviser Salehuddin Ahmed.
20 May 2025, 18:04 PM

Consensus on reforms: Political parties yet to find common ground on key proposals

The first round of talks between the National Consensus Commission and 33 political parties concluded on Monday, with broad agreement on several reform principles -- including the reintroduction of a non-partisan caretaker government, the formation of a bicameral parliament, independence of the judiciary, and a stronger Anti-Corruption Commission.
20 May 2025, 18:00 PM

Uneven enforcement undermines our FDI aspirations

Concerns over legal unpredictability and uneven regulatory enforcement continue to cast a shadow over Bangladesh’s investment climate. In recent years, several senior executives of multinational firms have been drawn into criminal proceedings over alleged labour law violations -- cases many in the business community view as excessive and disproportionate.
20 May 2025, 18:00 PM

Weaker Donald Trump will struggle to keep promises

Donald Trump can still cut deals and issue orders. But the US president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China, which should be critical to his promise to “Make America Great Again”, has shifted in Beijing’s favour.
20 May 2025, 18:00 PM

Japanese FDI rising, still there’s room to attract more

Japanese investment in Bangladesh has grown steadily over the past decade. But with clearer policies, improved infrastructure and a more predictable regulatory environment, there is room to attract much more.
20 May 2025, 18:00 PM

Only 5 of 28 locally developed tea varieties popular

Out of the 28 varieties of tea plants developed by state-run Bangladesh Tea Research Institute (BTRI), only five are widely cultivated in the country, based on their high yield, quality, and climate resilience.
20 May 2025, 18:00 PM

To appease US, NBR to offer zero-duty for 100 more goods

The National Board of Revenue (NBR) is set to propose zero import duties on an additional 100 goods in the upcoming national budget, aiming to boost bilateral trade with the United States and cushion higher tariffs on Bangladeshi products entering the American market. 
20 May 2025, 18:00 PM

China cuts key rates to aid economy as trade war simmers

China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-US trade war..The widely expected rate cuts are aimed at stimulati
20 May 2025, 16:34 PM

Kerosene, diesel to no longer cost the same

Kerosene and diesel will no longer cost the same, as per a new fuel pricing formula introduced by the Energy and Mineral Resources Division yesterday. ..As per the formula, Bangladesh Petroleum Corporation’s (BPC) administrative costs and Eastern Refinery’s fuel processing costs hav
20 May 2025, 15:28 PM

Banks can now pay fees for correspondence courses abroad

The facility shall be admissible for one correspondence course at a time
20 May 2025, 13:13 PM

Stocks break two-day losing streak  

The DSEX gained 18.71 points to close at 4,795.04
20 May 2025, 11:10 AM

Apple supplier Foxconn to invest $1.5 billion in India unit

In March, Apple ramped up India production, exporting around 600 tons of iPhones worth $2 billion to the US.
20 May 2025, 08:18 AM

Japan's Honda to scale back on electric vehicles, concentrate on hybrids

It plans to launch 13 next-generation hybrid models globally in the four years from 2027.
20 May 2025, 05:52 AM

China's central bank cuts two key rates to historic lows

The five-year LPR, the benchmark for mortgage loans, was cut from 3.6 percent to 3.5 percent, it said.
20 May 2025, 05:49 AM

Stocks rebound in morning trade

The DSEX gained 10.97 points to 4,787.30 as of 11:30 am
20 May 2025, 05:37 AM