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

How Trump’s regulatory freeze is disrupting the US fishing industry

President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries
23 March 2025, 12:55 PM

Bangladesh Investment Summit 2025 to begin April 7 

The event has attracted strong interest, with over 550 investors from 50 countries registering to participate alongside more than 2,500 Bangladeshi investors. 
23 March 2025, 11:37 AM

NBR orders banks to freeze accounts of GM Quader, spouse  

Also seeks account details of daughter, son-in-law  
23 March 2025, 10:30 AM

Int'l Financial Reporting Standards to widen access to finance for SMEs

The adoption of International Financial Reporting Standards (IFRS) for small and medium enterprises (SMEs) provides a structured framework that enhances financial transparency, said Taskeen Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI)..He also said that IFRS would
22 March 2025, 16:30 PM

China tech giants dig pricey trench for AI war

Tencent last year more than tripled its capital expenditure to $10.7 billion, or 12 percent of its top line
22 March 2025, 13:45 PM

Unrealistic revenue target to finance ambitious budget fuelling debt: NBR   

The tax authority failed to meet its target, forcing the government to borrow to cover expenditures, increasing the country’s debt burden, NBR Chairman Abdur Rahman Khan said.  
22 March 2025, 13:07 PM

Trade bodies call for easier tax structures

Trade associations in Bangladesh are demanding a simpler and investment-friendly tax structure that would ensure sustainable economic growth and broaden tax collection in the country..Leaders of the Bangladesh Chamber of Industries (BCI), Bangladesh Knitwear Manufacturers and Exporters Ass
21 March 2025, 15:28 PM

Eid windfall: Remittance soars 78% in 19 days

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.
20 March 2025, 18:37 PM

87.5pc people left without basic services

About 87.5 percent, or 15 crore, of Bangladesh’s citizens do not have access to all eight basic services such as clean drinking water, basic education, and sanitation facilities, according to a recent study.
20 March 2025, 18:13 PM

Paramount Ins announces 10% cash dividend

Paramount Insurance PLC has announced a 10 percent cash dividend for its shareholders for 2024, driven by higher profits. The company declared the same dividend amount in the previous year as well.
20 March 2025, 18:12 PM

Global debt exceeds $100tn

Outstanding government and corporate bonds globally exceeded $100 trillion last year, the OECD said on Thursday, with rising interest costs leaving borrowers facing tough choices and needing to prioritise productive investments.
20 March 2025, 18:00 PM

UK job market steadies

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data that contrasted with warnings of a hit to hiring from employers upset about an imminent tax increase.
20 March 2025, 18:00 PM

How animal spirits affect the economy

Storytelling is central to how we interpret economic events. We recall economic history through haunting images of anxious crowds waiting to take money out of banks during the Great Depression or dejected office workers carrying cardboard boxes out of Lehman Brothers in 2008. We gauge inflation by comparing shopping baskets with friends and family. We grapple with the consequences of artificial intelligence by channeling our hopes and fears into science fiction.
20 March 2025, 18:00 PM

BCI calls for tax reforms to support industrial growth

The Bangladesh Chamber of Industries (BCI) has called for urgent reforms to enhance industrial competitiveness in the rapidly evolving global market, saying they would subsequently ensure sustainable growth.
20 March 2025, 18:00 PM

Lentil acreage declines

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather.
20 March 2025, 18:00 PM

Garment exports to EU surged 53% in January

Garment shipments from Bangladesh to the European Union (EU) surged by 52.56 percent year-on-year to $1.97 billion in January this year, according to data from Eurostat. 
20 March 2025, 18:00 PM

Should BSEC hire govt officials?

The Bangladesh Securities and Exchange Commission (BSEC) has sent a letter to the government requesting the appointment of 19 officials with degrees in economics, finance, commerce, accounting, statistics, mathematics, law, and information technology.
20 March 2025, 18:00 PM

With four months left, tax target remains elusive

The tax target for the National Board of Revenue (NBR) has become more daunting against the backdrop of slowing collection as the economy continues to grapple with worsening consumer purchasing power due to stubbornly high inflation and declining private and public investment.
20 March 2025, 18:00 PM

Credit card’s domestic transactions fell in January

Credit card transactions in Bangladesh have shown distinct trends in both domestic and international spending..A recent Bangladesh Bank report highlights shifts in consumer behaviour, sectoral spending patterns, and transaction growth over the past year..In January 2025, domestic cre
20 March 2025, 16:05 PM

Lentil acreage falls as farmers shift to more profitable crops

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather..Over the past five years, lentil cultivation has fallen by 75
20 March 2025, 15:10 PM