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

Phoenix Finance & Investments gets new MD

Md Mamunur Rashid Molla has been appointed as the managing director (MD) of the Phoenix Finance & Investments Limited.
17 February 2025, 18:00 PM

ACI launches fortified flour enriched with 10 vitamins, minerals

ACI Pure Flour Limited launched a new product of fortified flour named “ACI Pure Power Flour” at the Shwapno outlet in the capital’s Gulshan-1 to meet the nutritional deficiencies in the daily diet of people.
17 February 2025, 18:00 PM

China bank lending hits record high in January

New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming months as US tariffs threaten to pile more pressure on the economy.
17 February 2025, 18:00 PM

Japan growth slowed in 2024 despite stronger Q4

Japan’s economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.
17 February 2025, 18:00 PM

Finding stability amid uncertainty

The Bangladesh Bank’s recently announced monetary policy statement (MPS) for the second half of FY25 continues its contractionary stance, aimed at curbing inflation while cautiously supporting economic recovery. However, this policy shift has substantial implications for Bangladesh’s capital market, influencing investor sentiment, stock valuations, and liquidity.
17 February 2025, 18:00 PM

Online shopping giants bet on AI to curb clothes returns

From sizing advice via selfies to robot stock-takers, online shopping behemoths have increasingly turned to artificial intelligence in a bid to stem the flow of bad-for-business clothes returns.
17 February 2025, 18:00 PM

65% of registered taxpayers didn't file return

Over 65 percent of registered taxpayers, including individuals and companies, failed to file tax returns by the deadline, according to the National Board of Revenue (NBR).
17 February 2025, 18:00 PM

Scuffle erupts at BEA office

A scuffle broke out between two rival groups at the Bangladesh Economic Association’s (BEA) Eskaton office in Dhaka yesterday, prompting police intervention to restore order.
17 February 2025, 18:00 PM

Raising interest rate alone can’t reduce inflation

A noted economist said raising interest rates alone may not be effective in reducing inflationary pressures, instead prescribing alternative steps such as increasing the supply of goods to combat rising prices.
17 February 2025, 18:00 PM

Govt to arrange Tk 600cr to clear Beximco workers’ dues

The government will arrange Tk 600 crore to pay the arrears and service benefits to laid-off workers across 16 textile and garment units of the Beximco Group, according to a top official.
17 February 2025, 18:00 PM

DeepSeek removed from South Korea app stores

Chinese AI app DeepSeek will not be available to download in South Korea pending a review of its handling of user data, Seoul authorities said Monday.
17 February 2025, 18:00 PM

Footwear sector offers lucrative investment opportunities: Bida

Bangladesh’s footwear sector is at a turning point, offering lucrative investment opportunities in both the leather and non-leather segments. However, challenges in sustaining growth and enhancing competitiveness remain, the Bangladesh Investment Development Authority (Bida) highlighted in a newsletter released yesterday.
17 February 2025, 18:00 PM

24 MP quota cars remain unsold at auction

Chattogram Custom House put 43 confiscated vehicles, including 24 imported under the “Member of Parliament” (MP) quota, up for auction, but bidders showed interest in 35 of the cars.
17 February 2025, 18:00 PM

Robi sees record profit surge in 2024

Robi Axiata Ltd posted a record profit of Tk 703 crore in 2024, marking the fifth consecutive year of growth in earnings by the second-largest mobile phone operator in Bangladesh.
17 February 2025, 18:00 PM

Gold gains on softer dollar

Gold prices climbed on Monday as the dollar weakened, with investors awaiting further details on US President Donald Trump’s reciprocal tariff plans, which could escalate global trade tensions.
17 February 2025, 18:00 PM

98% of RMG workers shun universal pension: study

Some 98.7 percent of garment workers did not participate in a state-sponsored universal pension scheme (UPS) due to a lack of financial capacity and awareness, according to a study.
17 February 2025, 18:00 PM

Gulf Food Fair begins in Dubai

41 Bangladeshi companies are participating among 5,500 exhibitors from over 129 countries
17 February 2025, 16:44 PM

HBM Iqbal resigns after 26 years as Premier Bank chairman

He submitted his resignation on January 12 this year
17 February 2025, 15:14 PM

Phoenix Finance & Investments gets new MD

Md Mamunur Rashid Molla has been appointed as the managing director (MD) of the Phoenix Finance & Investments Limited.
17 February 2025, 15:08 PM

ACI Pure Flour launches fortified flour enriched with 10 vitamins, minerals

ACI Pure Flour Limited launched a new product of fortified flour named “ACI Pure Power Flour” at the Shwapno outlet in the capital’s Gulshan-1 to meet the nutritional deficiencies in the daily diet of people.
17 February 2025, 14:16 PM