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

Pran-RFL Group announces plans for improving sustainability

Pran-RFL Group, one of the largest conglomerates in Bangladesh, has announced plans to improve its operational sustainability by allocating all investments in line with the UN’s Sustainable Development Goals (SDGs)..This includes ensuring the full recycling of all plastics generated by the
22 December 2024, 18:00 PM

US consumer spending rises; inflation showing progress

US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.
22 December 2024, 18:00 PM

Japan’s Mitsui buys 18.5% stake in ACI Motors for $22.75m

Mitsui & Company, one of the largest general trading companies in Japan, has bought an 18.5 percent stake in ACI Motors Limited for $22.75 million.
22 December 2024, 18:00 PM

10 factories in 5 BSCIC estates running without ETPs

Seventy-year-old Shamsul Haque remembers how clean the Balutikar canal was when he moved to Kallagram village in Sylhet 20 years ago.
22 December 2024, 18:00 PM

Forex market volatile again on Ramadan import rush, overdue LCs

After a five-month pause, dollar rates have started to rise, prompting the central bank to question the managing directors of 13 banks about the fresh volatility of the greenback.
22 December 2024, 18:00 PM

Automation replaced 31% of garment workers: study

Automation has reduced the need for human labour in the production process of the garment sector by nearly 31 percent by mostly replacing helpers, according to a study.
22 December 2024, 18:00 PM

A wake-up call for Bangladesh to reform its healthcare

India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.
22 December 2024, 18:00 PM

India’s steel imports from China hit record high

India’s finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, adding to concerns among domestic mills about cheap shipments from China.
22 December 2024, 18:00 PM

Stocks fall after gaining for 2 days

The indexes of the stock markets in Bangladesh fell yesterday on rising for two days last week as jittery investors were reluctant to pour fresh funds amid economic uncertainties.
22 December 2024, 18:00 PM

Economic census facing hurdles in data collection

The Bangladesh Bureau of Statistics (BBS) is struggling to complete its economic census for 2024 as most medium to large scale industrial and commercial enterprises are reluctant to provide data on their income and expenditure.
22 December 2024, 18:00 PM

Local banks can review health via global consulting firms

The international consulting firm will suggest appropriate remedial measures necessary in public interest
22 December 2024, 15:53 PM

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director
22 December 2024, 14:55 PM

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today
22 December 2024, 13:43 PM

Stocks break two-day rising streak

The prime index of the Dhaka bourse fell 0.48% to 5,196 points
22 December 2024, 11:24 AM

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach
22 December 2024, 11:06 AM

Joypurhat Sugar Mill starts 62nd sugarcane crushing season

This time, the mill will be operated for 34 days
21 December 2024, 13:18 PM

Presence of oligarchic market power still a major challenge: Hossain Zillur Rahman

The sixth edition of the Banking Almanac launched today
21 December 2024, 11:56 AM

Dhanmondi’s dining delights

In the 1990s, Dhanmondi was just another quiet neighborhood in Dhaka, with the occasional tinny tinkle of rickshaws on Satmasjid Road. If you craved something to renew your taste buds, Bailey Road, Gulshan, or Banani were the places to go.
20 December 2024, 18:00 PM

Bangladesh Bank appoints administrator at ICB Islamic Bank

Bangladesh Bank (BB) has appointed an administrator at the crisis-hit ICB Islamic Bank to protect depositors' interests
20 December 2024, 12:37 PM

World Bank approves $1.16bn for three Bangladesh projects

The World Bank today approved three loans totalling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, it said in a statement.
20 December 2024, 05:26 AM