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

NBR again cuts duties on imported fresh fruits

It is second duty cut in 10 days
18 March 2025, 05:09 AM

ADP spending in Jul-Feb lowest in 12 years

Implementation of the Annual Development Programme (ADP) has reached its lowest point in at least 12 years, with about Tk 67,550 crore being spent in the first eight months of the current fiscal year (FY), according to available statistics..This means just 24.27 percent of the total outlay
18 March 2025, 03:00 AM

Chinese firm Safety Garments to invest $12.25m in Mongla EPZ

Safety Garments Bangladesh Co Ltd, a Chinese company, is set to invest $12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garments manufacturing industry.
17 March 2025, 18:00 PM

SBAC Bank’s MD resigns six months before end of his term

Habibur Rahman, managing director (MD) and CEO of the South Bangla Agriculture and Commerce Bank (SBAC) PLC, has resigned on personal grounds.
17 March 2025, 18:00 PM

Banks must allocate 27% of loans to SMEs by 2029: BB

Bangladesh Bank has set a target for banks and financial institutions to disburse 27 percent of their total loans to cottage, micro, small, and medium enterprises (SMEs) by 2029 to promote business growth and employment.
17 March 2025, 18:00 PM

Chaos at BSEC meant to thwart graft probe

The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
17 March 2025, 18:00 PM

Oil prices rise to $71.21

Oil traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data fuelled hopes for higher demand.
17 March 2025, 18:00 PM

Gold prices gain

Safe-haven gold edged higher on Monday after hitting the $3,000-mark last week for the first time, while the market’s focus shifted to the US Federal Reserve’s meeting this week.
17 March 2025, 18:00 PM

Allocate 20% of green funds to women entrepreneurs

Banks and financial institutions have been instructed to allocate 20 percent of their green financing to women entrepreneurs and 25 percent to the cottage, micro, small, and medium enterprise (CMSME) sector.
17 March 2025, 18:00 PM

China unveils plan to boost domestic consumption

China on Sunday unveiled an action plan it hopes will help Beijing to overcome stubbornly low consumer demand and meet its ambitious growth target, state news agency Xinhua reported.
17 March 2025, 18:00 PM

OECD lowers global growth projections over trade barriers, uncertainty

The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to “trade barriers” and “uncertainty”.
17 March 2025, 18:00 PM

Bangladesh to import more US cotton to ward off Trump tariff

Bangladesh looks to import more cotton from the US so that both American suppliers and local businesses can benefit and the country can get immunity from Trump’s tariff war, Foreign Adviser Md Touhid Hossain said yesterday.
17 March 2025, 18:00 PM

Agri-loan disbursement falls, recovery rises

Agricultural loan disbursement declined, but recovery increased in Bangladesh in the six months to December last year compared to the same period of the previous year.
17 March 2025, 18:00 PM

Golden Life Insurance in trouble as customers owed Tk 35cr

Private insurer Golden Life Insurance Limited is in crisis as it struggles with a severe cash crunch, unpaid claims and operational breakdowns.
17 March 2025, 18:00 PM

Number of small accounts rises: BB

The number of Tk 10/50/100 accounts—excluding School Banking, Street Urchins, and Working Children Accounts—stood at 2.81 crore, with total deposits of Tk 46,851.15 crore during the quarter under review
17 March 2025, 13:42 PM

Bangladesh, UK reinforce ties through trade talks

Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority (BIDA), met senior UK officials, business leaders, and non-resident Bangladeshis, highlighting the strategic importance of deepening economic cooperation. 
17 March 2025, 13:12 PM

OECD lowers global growth projections over tariffs, uncertainty

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira
17 March 2025, 12:56 PM

Banglalink appoints new CEO  

He will succeed Erik Aas, who is stepping down after nine years at the helm
17 March 2025, 12:42 PM

Abdul Muktadir new president of pharma industry association 

The election took place during BAPI's 54th annual general meeting on March 15, according to a press release. 
17 March 2025, 10:40 AM

Cotton ginners to get bonded warehouse facility: foreign adviser

Plan also in place to consider cotton as an agricultural product
17 March 2025, 07:17 AM