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

What’s really undermining health insurance?

A few days ago, famous Bangladeshi cricketer Tamim Iqbal suffered a major heart attack during a match. Around the same time, Bollywood actor Saif Ali Khan was attacked in his own residence.
6 May 2025, 18:00 PM

Beijing’s firm yuan nudge can cool Asia forex rally

Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country’s central bank to make way for further falls against the dollar when it announced the yuan’s trading band midpoint on Tuesday. The fact that it did not speaks volumes about Beijing’s strategic approach to the ongoing trade war — most of it good.
6 May 2025, 18:00 PM

Govt eyes FDI uptick thru reforms

Bangladesh is stepping up its efforts to attract foreign direct investment (FDI) through sweeping reforms, a more stable macroeconomic environment, and targeted incentives.
6 May 2025, 18:00 PM

Govt moves to merge investment bodies to ease business

The Chief Adviser’s Office has recently formed an eight-member committee to assess the proposed merger of several investment-related agencies under the single umbrella of the Bangladesh Investment Development Authority (Bida).
6 May 2025, 18:00 PM

Four state banks asked to submit work plan to improve health

Bangladesh Bank (BB) has asked four state-run banks to submit a work plan for the next three years to improve their financial health, which had turned fragile during the Awami League-led government’s regime due to political interference and irregularities.
6 May 2025, 18:00 PM

Potato farmers hit hard by price drop amid record output

Many potato farmers across Bangladesh are incurring losses this season despite a bumper harvest and the highest exports in three years, as a steep drop in domestic prices has left them unable to recover even their production costs.
6 May 2025, 18:00 PM

Local gold price hiked again

22-carat gold will cost Tk 174,948 a bhori from tomorrow
6 May 2025, 14:42 PM

IMF's Georgieva says IMF has been vocal about China's need to change economic model

She acknowledged the Chinese state footprint was unlikely to shrink much in the near term
6 May 2025, 11:00 AM

Bangladesh seeks stronger regional cooperation, climate finance at ADB meet

Finance adviser led the Bangladesh delegation at ADB’s annual meeting in Milan on May 5
6 May 2025, 09:36 AM

Stocks drop after two-day rise

The DSEX lost 12.94 points to close at 4,951.72
6 May 2025, 09:28 AM

Dollar recovers some losses, stocks gain as traders eye tariff deals

Oil also staged a comeback after tanking on news of an output hike by key producers
6 May 2025, 07:23 AM

Talks with Bangladesh aim to sustain reform momentum: IMF    

These talks follow discussions held during the 2025 IMF-World Bank Spring Meetings in Washington late April
6 May 2025, 06:29 AM

OpenAI abandons plan to become for-profit company

The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their returns.
6 May 2025, 05:22 AM

Stocks extend rally for third day

The DSEX gained 13.91 points to stand at 4,978.58 as of 11:14 am
6 May 2025, 05:19 AM

Premier Cement’s profit drops 87% in Q3

Leading cement manufacturer Premier Cement Mills PLC's profit fell by a massive 87 percent year-on-year to Tk 3.28 crore in the third quarter of the 2024-25 fiscal year due to higher raw material and finance costs.
5 May 2025, 18:01 PM

Monno Ceramic’s Q3 profit rises 102 times

Monno Ceramic's profit increased 102 times in the third quarter of the 2024-25 fiscal year, thanks to a rise in revenue and other income.
5 May 2025, 18:01 PM

European bank to lend €350m for renewable energy

The European Investment Bank (EIB) has committed to providing €350 million in loans to support renewable energy projects in Bangladesh, with the European Union contributing an additional €45 million in grants.
5 May 2025, 18:00 PM

RAK Ceramics slips into losses in Q1

RAK Ceramics (Bangladesh) Ltd, one of the leading ceramics manufacturers in the country, fell into losses in the first quarter of the financial year 2025 due to higher raw material and manufacturing costs.
5 May 2025, 18:00 PM

Southeast Bank sends its MD on forced leave

Southeast Bank has sent its managing director, Nuruddin Md Sadeque Hossain, on three months’ forced leave, effective from Monday.
5 May 2025, 18:00 PM

Crisis-hit Maldives secures $8.8b Qatar investment

Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifying the tourism hotspot into a “financial freezone”, the government said Monday.
5 May 2025, 18:00 PM