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

SoftBank, OpenAI announce JV to offer AI for companies

Japan’s SoftBank Group will form a joint venture with US tech giant OpenAI to offer advanced artificial intelligence to businesses, the two companies announced on Monday.
3 February 2025, 18:00 PM

US tariffs: A blow to the world economy

The tariffs imposed Saturday by President Donald Trump on products from the US’s three leading trading partners are without recent precedent, sparking a trade war with powerful repercussions for all involved.
3 February 2025, 18:00 PM

Importers suspend fruit clearance at all ports for two days

Importers have announced a two-day suspension of fruit clearance from all ports, including Chattogram port, until Wednesday, demanding the withdrawal of increased value-added tax (VAT) and duties on fruit imports..Junaidul Haque, publicity secretary of Chattogram Fruit Traders Association,
3 February 2025, 15:13 PM

Lee’s Tobacco Machinery Company to invest $8.32 million in Bepza EZ

The UAE, Singapore-owned entity will manufacture machinery for tobacco processing
3 February 2025, 14:57 PM

Anchor relaunches in Bangladesh with Anchor Pushti Dudh

Anchor, a trusted and No 1 dairy brand in New Zealand, has re-entered the Bangladesh market with the launch of its latest product, Anchor Pushti Dudh, through a partnership with Transcom Limited, a prominent business conglomerate in the country..This collaboration aims to make high-quality
3 February 2025, 14:25 PM

Exports grow 5.7% in January

The country shipped $4.43 billion worth of merchandise in January
3 February 2025, 10:40 AM

Bangladesh to get $5.45 million from Japan for air pollution monitoring

A grant agreement and exchange of notes were signed today between the governments of Bangladesh and Japan
3 February 2025, 07:22 AM

Ceramics manufacturers seek stable gas supply, duty withdrawal

Further gas price hikes and supply disruptions threaten the industry’s survival, the leaders said at a press conference at Dhaka Reporters Unity in the capital today.    
3 February 2025, 06:59 AM

US tariffs: A blow to the world economy

Tariff's impact will fall disproportionately on the US's immediate neighbors than on China, the world's second-largest economic power.
3 February 2025, 05:48 AM

Trump announces talks with Canada, Mexico over sweeping tariffs

Trump said he was "speaking with Prime Minister (Justin) Trudeau tomorrow morning, and I'm also speaking with Mexico tomorrow morning."
3 February 2025, 05:44 AM

Dhaka stocks keep gaining 

DSEX gained 31.68 points as of 11:28 am  
3 February 2025, 05:39 AM

Desco returns to profit in Q2

The Dhaka Electric Supply Company (Desco) saw its earnings increase in the second quarter of the 2024-25 fiscal year, a sharp reversal from the losses it made in the same period the previous year.
2 February 2025, 19:10 PM

Olympic to buy land worth Tk 17cr for expansion

Olympic Industries Ltd, a leading biscuit manufacturer, announced yesterday that it has decided to purchase land worth Tk 17.03 crore in various locations in Sonargaon, Narayanganj, for future expansion.
2 February 2025, 19:04 PM

Square Textiles’ profit jumps 53% in Q2

Square Textiles reported a 53 percent year-on-year growth in profit for the second quarter of the 2024-25 fiscal year, driven by increased yarn production.
2 February 2025, 18:28 PM

ACI ventures into herbal medicine market

ACI Ltd is expanding its footprint in the pharmaceutical industry, as it announced the opening of a new subsidiary yesterday to capitalise on the growing demand for high-quality herbal medicine in Bangladesh.
2 February 2025, 18:07 PM

Crown Cement’s profit plunges 48% in Q2

Crown Cement's profit fell in the second quarter of the 2024-25 fiscal year despite registering higher revenue. 
2 February 2025, 18:00 PM

India budget opts for economic sugar rush over reform

India’s annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi’s third term, it will set the tone for how the world’s fifth-largest economy confronts slowing growth and sagging markets.
2 February 2025, 18:00 PM

FAO forecasts paddy output drop in Bangladesh

Bangladesh’s paddy production is estimated to have declined in 2024 from the previous year, largely due to output losses caused by recurrent floods and Cyclone Remal in late July.
2 February 2025, 18:00 PM

MTB focuses on digital growth, loan diversity

Mutual Trust Bank (MTB) is expanding its digital services to cater to Generation Z while diversifying its loan portfolio to reduce its concentration in wholesale lending.
2 February 2025, 18:00 PM

Remittance crosses $2b for sixth month

Bangladesh received over $2 billion in remittances in January for the sixth consecutive month, thanks to a disruption in the flow of money through informal channels following the fall of the Sheikh Hasina-led government last August amidst a student uprising.
2 February 2025, 18:00 PM