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

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.
19 December 2024, 18:57 PM

Summit Power seeks time to provide financial report

Summit Power Limited (SPL) has sought a five-month extension from the Bangladesh Securities and Exchange Commission for providing the audited financial report for fiscal year 2023-24, which ended last June. 
19 December 2024, 18:07 PM

CPA to extend deal with Saif Powertec to operate New Mooring terminal

Chittagong Port Authority (CPA) has opted to extend its deal with Saif Powertec Limited, allowing the company to operate its New Mooring Container Terminal (NCT) under direct procurement, as the process of floating an open tender to this end is facing delays..The agreement with the firm is
19 December 2024, 18:00 PM

Adani pressed by Bangladesh to reopen power deal

Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.
19 December 2024, 18:00 PM

IMF pushes for more reforms to unlock additional $750m

The International Monetary Fund (IMF) has proposed more reforms, including the separation of tax administration and tax policy and greater exchange rate flexibility, as conditions for an additional $750 million loan to Bangladesh.
19 December 2024, 18:00 PM

China’s oil consumption to peak by 2027

China’s oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world’s biggest oil importer, a slowdown that has rattled global oil markets this year.
19 December 2024, 18:00 PM

Past glory, future worry

Years ago, Karim, a skilled fisherman, had a secret trick to catch fish. He would quietly tap the water three times, toss some crumbs, and wait. Like magic, the fish always came.
19 December 2024, 18:00 PM

India gears up for potential trade deal as Trump targets China

India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the US, aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge, government and industry sources in New Delhi said.
19 December 2024, 18:00 PM

Deposits in full-fledged Islamic banks fall

Savers are increasingly parking their funds at Islamic banking branches and windows of commercial banks in Bangladesh in a move away from full-fledged Shariah based banks, which were mired by irregularities during the tenure of previous government ousted in August this year.
19 December 2024, 18:00 PM

Domestic tourism heats up this winter

If you call your friends and relatives, you may find that some are off in the hills of Sajek valley of Rangamati or the sandy beaches of Cox’s Bazar and other tourist hotspots across Bangladesh.
19 December 2024, 18:00 PM

Padma Bank seeks Tk 1,300cr bailout

Problem-ridden Padma Bank has applied to the Bangladesh Bank for Tk 1,300 crore in liquidity support to mitigate its crisis and strengthen its ability to repay depositors.
19 December 2024, 18:00 PM

No tax on Dec 21 concert for martyrs of Jul-Aug uprising: NBR

A platform named Spirits of July will organise the concert in Dhaka’s Army Stadium
19 December 2024, 14:40 PM

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand
19 December 2024, 14:07 PM

REHAB’s housing fair begins Dec 23

The five-day exhibition will be organised at Bangabandhu International Conference Centre
19 December 2024, 12:23 PM
19 December 2024, 07:38 AM

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.
18 December 2024, 20:19 PM

Govt to procure 50,000 tonnes of rice from India

The interim government of Bangladesh will procure 50,000 tonnes of rice from India to address the depletion of the country’s food stocks and thereby meet consumer demand for the cereal grain amid ongoing inflationary pressure..The rice will be used to supply state-sponsored food distributi
18 December 2024, 18:27 PM

IMF cuts Bangladesh growth forecast, warns of high inflation

The International Monetary Fund (IMF) has further cut Bangladesh’s growth forecast but kept its projection on inflation elevated for the current fiscal year.
18 December 2024, 18:00 PM

Beximco lays off 40,000 workers at 15 apparel units

The Beximco Group has laid off nearly 40,000 workers across its 15 apparel units, citing a lack of work orders for its export-oriented garment and textile factories in Dhaka’s outskirts of Gazipur.
18 December 2024, 18:00 PM

1,320MW Payra plant shut for maintenance, new unit tests

The Payra thermal power plant in Kalapara upazila of Patuakhali has halted production to conduct maintenance and facilitate the test commissioning of a neighbouring facility, according to officials of the 1,320-megawatt (MW) coal-fired power station.
18 December 2024, 18:00 PM