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 must ‘overcome’ AI chip challenges

President Xi Jinping said China must “overcome” the challenges of developing core AI technologies including high-end chips, state media reported yesterday, as Beijing seeks to become a world leader in the rapidly developing industry.
26 April 2025, 18:01 PM

Rival panels submit nominations for BGMEA elections

In the BGMEA election, two panels — the Forum and Sammilito Parishad — are contesting
26 April 2025, 15:41 PM

Bangladesh’s garment exports to EU surge 37% in Jan-Feb

However, the unit price of apparel exports declined by 1.46 percent during the period
26 April 2025, 15:23 PM

World breathes sigh of relief as Trump spares Fed, IMF

Global policymakers gathering in Washington this week breathed a collective sigh of relief that the US-centric economic order that prevailed for the past 80 years was not collapsing just yet despite Donald Trump's inward-looking approach..The Spring Meetings of the International Monetary F
26 April 2025, 14:00 PM

Small traders seek easier VAT process for smooth business

They made the demands at a view-exchanging meeting organised by the Dhaka Chamber of Commerce and Industry (DCCI) in Dhaka today, according to a press release. 
26 April 2025, 11:14 AM

Auto dealers seek duty cuts as imports fall 30% 

A major part of BARVIDA’s proposals for the upcoming 2025–26 national budget is the reduction of SDs on hybrid vehicles.
26 April 2025, 11:10 AM

IMF policy committee underscores trade risks to global economy, commits to Fund's role

In a chair's statement, the IMF's steering committee also reaffirmed prior foreign exchange commitments and voiced support for a realignment of quotas, or shareholding, that better reflects countries' positions in the global economy.
26 April 2025, 08:20 AM

Fed survey finds global trade fight, policy uncertainty top financial stability risks

Respondents cited "changes in government spending priorities and the extent of US international engagement" as driving uncertainty.
26 April 2025, 06:40 AM

Conflicting US-China talks statements add to global trade confusion

"China and the US are NOT having any consultation or negotiation on #tariffs," China shot back in a foreign ministry statement posted by the Chinese Embassy in the US.
26 April 2025, 05:37 AM

Stuck in red, shipbreaking slow to turn green

Bangladesh began the green transition in 2017, when PHP Ship Recycling Yard became the first entity in the country to receive international green certification.
25 April 2025, 18:00 PM

Traditional yards keep hurting workers

Traditional shipbreaking yards in Sitakunda continue to operate in unsafe conditions, causing serious concerns about both worker safety and hazardous waste management.
25 April 2025, 18:00 PM

Grameenphone first-quarter profit falls 53% amid data pricing pressures

Earnings per share declined to Tk 4.69 from Tk 9.91, according to the company’s financial statements.
25 April 2025, 08:32 AM

Bangladesh moves to split revenue authority with new ordinance

Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.
25 April 2025, 03:32 AM

Apex Footwear’s Q3 profit drops 40%

Apex Footwear’s profit slumped in the third quarter of the fiscal year 2024-25 as higher tax payments slashed its profit despite a significant jump in revenue.
24 April 2025, 18:00 PM

When the watchdogs sleep

The inquiry committee – the corporate world’s ultimate weapon of mass distraction. These panels, ornamented with terms of reference and corporate lingo, have gained global recognition not for delivering justice but for achieving the delicate art of appearing busy while doing absolutely nothing. From New York’s Wall Street to Dhaka’s Gulshan Avenue, inquiry committees are universally cherished by management whenever swift justice must be thoroughly avoided or derailed.
24 April 2025, 18:00 PM

Chinese businesses in Vietnam struggle with Trump tariffs uncertainty

A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of US President Donald Trump’s first term.
24 April 2025, 18:00 PM

Bangladesh showing export potential amid economic headwinds

Bangladesh is showing its industrial capabilities and export resilience even amid economic uncertainty and political transition, according to speakers. 
24 April 2025, 18:00 PM

Draft audit ordinance threatens CAG’s independence: TIB

Transparency International Bangladesh (TIB) yesterday said certain provisions of the draft Public Audit Ordinance may hinder the Comptroller and Auditor General (CAG) from performing duties independently and free from government control.
24 April 2025, 18:00 PM

Telcos can now receive roaming charges in taka

Bangladesh Bank has issued a circular allowing mobile operators in the country to receive roaming service bills from their customers abroad in Taka, the local currency, under specific conditions.
24 April 2025, 18:00 PM

BSEC extends exemption period of provisioning for brokers

The Bangladesh Securities and Exchange Commission (BSEC) has decided to extend the exemption period for keeping provisions on unrealised losses or negative equity for stockbrokers, merchant bankers, and portfolio managers until December 31, 2025.
24 April 2025, 18:00 PM