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

US announces new restrictions on AI chip exports

The United States on Monday unveiled new export rules on advanced computing chips used for artificial intelligence, aiming to facilitate sales to allied nations and further curb access to countries like China.
13 January 2025, 18:00 PM

UK to ‘unleash’ AI to turbocharge economy

Prime Minister Keir Starmer is due Monday to outline an “action plan” to make the UK “the world leader” in artificial intelligence and spark Britain’s flagging economy.
13 January 2025, 18:00 PM

China saw booming exports in 2024 as Trump tariffs loom

China’s exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.
13 January 2025, 18:00 PM

Bangladesh, Pakistan to form joint business council

The apex trade bodies of Bangladesh and Pakistan signed a memorandum of understanding (MoU) yesterday to form a joint business council to strengthen trade between the two countries.
13 January 2025, 18:00 PM

External debt rises slightly

Although Bangladesh’s foreign debt slightly increased in the first quarter of the current fiscal year 2024-25, the debt of private sector and public sector corporations decreased due to a lack of confidence in the banking sector and payment delays.
13 January 2025, 18:00 PM

Paint makers decry tax hikes as demand slumps

The local paint industry is reeling from increased supplementary duties (SD), which threaten both revenue and the survival of manufacturers amid rising production costs and shrinking consumer demand, according to industry insiders.
13 January 2025, 18:00 PM

Foreign fruits turn costlier for duty hike

Recent supplementary duty (SD) hikes on the import of fruits have dealt a fresh blow to people who were already cutting back on these delicacies since the imposition of regulatory duties in mid-2022..On January 9, the National Board of Revenue (NBR) increased the supplementary duty on the
13 January 2025, 15:35 PM

Bangladesh has huge potential to attract investment

Bangladesh has significant potential for foreign investment due to its large pool of human resources, strategically advantageous location, and sizable consumer market, said PARK Young Sik, the South Korean ambassador to Bangladesh..He made the remarks during a courtesy meeting with Taskeen
13 January 2025, 15:27 PM

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said
13 January 2025, 10:41 AM

India allows transit for heavier Nepali cargo to Bangladesh

Under Indian road transport regulations, the limits are set at 18.5 tonnes for two-axle vehicles and 28 tonnes for three-axle vehicles
13 January 2025, 07:40 AM

Dhaka stocks down for second consecutive day

DSEX lost 7.35 points as of 12:04 pm  
13 January 2025, 06:26 AM

Malaysian palm oil stocks hit 19-month low

Malaysia’s palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as output dropped due to floods, data from the industry regulator showed on Friday.
12 January 2025, 18:00 PM

Businesses seek relaxed loan classification rules

Business leaders have presented nine demands to the central bank, including an exit policy, relaxed loan classification rules, and faster disbursement of cash incentives, as they struggle to sustain their industrial institutions amidst ongoing economic hardship.
12 January 2025, 18:00 PM

Consumers’ association calls for withdrawal of VAT hike

The Consumers Association of Bangladesh (CAB) yesterday urged the government to refrain from implementing the VAT and supplementary duty (SD) hike until the end of Ramadan, warning that the move would worsen the financial struggles of low- and middle-income families.
12 January 2025, 18:00 PM

IMF chief sees steady world growth in 2025, continuing disinflation

The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.
12 January 2025, 18:00 PM

Independent directors not liable for finance company’s default: BB

No independent director will be considered a defaulter if the finance company with which they are associated defaults, the central bank said in a circular.
12 January 2025, 18:00 PM

Killing the golden goose of internet opportunity

The previous Awami League regime, which touted its efforts to make Bangladesh digital, mirrored the poor farmer in Aesop’s fable of the golden goose when dealing with the mobile voice and internet sectors. The interim government is now replicating this flawed approach following its predecessor’s footsteps.
12 January 2025, 18:00 PM

Imports of most Ramadan commodities rise

Imports of most essential commodities related to Ramadan increased in the first six months of the current fiscal year 2024-25, with the Bangladesh Trade and Tariff Commission (BTTC) stating that the prices of these items, whose demand rises during the fasting month, would remain stable.
12 January 2025, 18:00 PM

VAT hike raises medicine prices

Healthcare seekers face higher prices for medicine due to the hike in value-added tax (VAT) on trades by pharmacies and drug stores.   
12 January 2025, 18:00 PM

Introduce national minimum wage, uniform labour law

Experts and members of a labour reform commission formed by the government have suggested the introduction of a national minimum wage for workers and a uniform labour law applicable to employees both inside and outside the Export Processing Zones (EPZs).
12 January 2025, 18:00 PM