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

Foxconn beats estimates with record fourth-quarter revenue on AI demand

Revenue for Apple's biggest iPhone assembler jumped 15.2 percent to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday
5 January 2025, 09:04 AM

AI will become a Madison Avenue sensation in 2025

Even companies such as Netflix and Amazon, which until recently relied mainly on subscriptions, are getting in on the action
5 January 2025, 06:28 AM

China's central bank vows 'moderately loose' monetary policy

Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt
5 January 2025, 06:21 AM

Trading resumes at DSE from 11:30 am

Unavoidable circumstances led to the halt, says DSE
5 January 2025, 05:07 AM

Engine oil sales double in 5 years

Annual sales of engine oil in Bangladesh more than doubled to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago, driven by higher prices, increased mobility, industrial growth and overall economic activities..And the sector is expected to clock more growth in the coming years, indu
4 January 2025, 18:03 PM

Microsoft expects to spend $80b on AI this fiscal year

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year.
4 January 2025, 18:00 PM

First Security’s MD sent on leave for loan irregularities

An internal audit found Syed Waseque Md Ali’s involvement in loan irregularities with S Alam’s companies
4 January 2025, 15:05 PM

Container handling at private ICDs rose 16% in 2024

KDS Logistics managed to retain its top position among ICDs in handling export and import containers in 2024
4 January 2025, 13:55 PM

Corporate monopoly choking small poultry farmers

Bangladesh Poultry Association says, revealing plan to start selling eggs, chicken countrywide
4 January 2025, 11:45 AM

US regulator warned banks on crypto but did not order halt to business

A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory "pause letters", it sent to unidentified banks after History Associates Incorporated, a research firm hired by crypto exchange Coinbase, sued the agency to release them
4 January 2025, 06:51 AM

US manufacturing contraction improved in December

The Institute for Supply Management's (ISM) manufacturing index was 49.3 percent last month, up 0.9 percentage points from November, it said in a statement.
4 January 2025, 06:12 AM

Private sector investment remains sluggish

Foreign exchange reserves are showing encouraging signs of stability due to record remittance inflows and rising exports, but private sector investment remains a concern for the government.
3 January 2025, 18:26 PM

Resorts on Dhaka’s outskirts: An escape from the urban jungle

In one of your most distant childhood memories, you may recall hearing the high-pitched howl of a lone jackal way off in the distance while enjoying the evening from the comfort of your village home.
3 January 2025, 18:00 PM

Exports hit $50b in 2024

Bangladesh’s exports hit $50 billion in 2024, buoyed by a sharp December spike, providing the much-anticipated breather for an economy facing multiple headwinds, including external account pressures.
2 January 2025, 18:00 PM

Pakistan’s annual inflation slows to 4.1% in Dec

Pakistan’s consumer inflation rate slowed to 4.1 percent year on year in December, the statistics bureau said on Wednesday, the lowest in more than 6-1/2 years.
2 January 2025, 18:00 PM

Gold extends gains from 2024

Gold prices rose on Thursday, extending gains from 2024 as investors weighed potential shifts in the US Federal Reserve’s interest rate outlook in the face of President-elect Donald Trump’s proposed tariffs and their likely impact on inflation.
2 January 2025, 18:00 PM

Indonesia’s B40 palm oil delay causes market uncertainty

Indonesia has yet to implement a higher mandatory blend of biodiesel planned for Jan. 1 as industry participants await technical details of the new regulation, causing confusion among palm oil traders.
2 January 2025, 18:00 PM

Asia’s factories end 2024 on weak footing

Asia’s factory powerhouses ended 2024 on a soft note as expectations for the New Year soured amid growing trade risks from a second Donald Trump presidency and China’s fragile economic recovery.
2 January 2025, 18:00 PM

Launch operators struggling to stay afloat

Seat bookings for passenger ships that ply the inland waterways of Bangladesh, including the Barishal to Dhaka route, has decreased by at least 66 percent.
2 January 2025, 18:00 PM

Are rising exports, remittance the cure?

December has brought some good news! Remittance hit a record high, taking the total for the 2024 calendar year to $26.87 billion. Exports surged too, pushing the final annual figure to $50 billion.
2 January 2025, 18:00 PM