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

Ring Shine terminates share sale to Wise Star

Ring Shine Textiles has decided to terminate its share purchase agreement with Wise Star Textile Mills as it doubts that the latter would be able to carry out the deal.
17 December 2024, 18:00 PM

Govt grants Tk 3,000cr for ICB to stabilise stock market

The Investment Corporation of Bangladesh (ICB) has secured a Tk 3,000 crore loan with a state guarantee to bolster the country’s capital market, according to a disclosure on the Dhaka Stock Exchange website.
17 December 2024, 18:00 PM

Eurozone business activity contracts again

Business activity in the eurozone declined further in December, though less sharply than the previous month thanks to an upturn in the services sector, a closely-watched survey showed Monday.
17 December 2024, 18:00 PM

Oil will aid rather than hinder Trump-MBS bromance

Donald Trump and Mohammed bin Salman each have contradictory objectives in 2025. The US president-elect wants to apply “maximum pressure” on Iran, but won’t want the spike in oil prices that may accompany it. The Saudi crown prince is sick of forgoing oil revenue by pumping 3 million barrels below his 12 million barrel daily capacity – but will be wary of a price crash if he opens the taps. Even so, there’s a way for their bromance to bloom.
17 December 2024, 18:00 PM

Fresh Aman fetching higher prices

Farmers are getting higher prices for Aman season paddy this year than the previous year, amidst apprehensions of a fall in yields for heavy rainfall and recurrent floods in the eastern regions.
17 December 2024, 18:00 PM

Hasina administration did not heed warnings on economy: Farashuddin

The previous government, led by Sheikh Hasina, ignored repeated warnings from experts on various economic issues in Bangladesh, according to Mohammed Farashuddin, a former governor of the country’s central bank..“The Hasina administration did not heed warnings from economists on the lack o
17 December 2024, 16:22 PM

Debapriya Bhattacharya reappointed to the Committee for Development Policy (CDP)

Bhattacharya's new three-year term begins on Jan 1 next year
17 December 2024, 13:26 PM

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president
17 December 2024, 11:32 AM

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA
17 December 2024, 11:14 AM

Govt grants Tk 3,000 crore loan for ICB to stabilise capital market

The interest rate of the approved loan was fixed at the variable bank rate
17 December 2024, 06:32 AM

Bitcoin rallies past $107,000, hopes grow for strategic reserve

Bitcoin , the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148
17 December 2024, 05:30 AM

Trump touts $100 bn SoftBank investment, vowing 100,000 jobs

Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy.
17 December 2024, 05:22 AM

Dhaka stocks open upbeat

Total turnover stood at Tk 155.53 crore.
17 December 2024, 05:14 AM

Import duty, tax on sunflower, canola oil removed

The NBR extends 5% VAT benefit until March 31 next year
16 December 2024, 15:16 PM

Small farmers threaten poultry strike over ‘corporate influence’

Bangladesh Poultry Association (BPA) has threatened to halt production of broiler chickens and eggs from January 1 if the interim government failed to address their demands, including curbing the influence of alleged corporate syndicates..Corporate entities are increasingly monopolising an
16 December 2024, 15:11 PM

Protect in-field crops from rain on Dec 20-22, advises BAMIS

The Bangladesh Agro-Meteorological Information Service (BAMIS) made the recommendation by analysing data of Bangladesh Meteorological Department
16 December 2024, 14:00 PM

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data
16 December 2024, 13:06 PM

Oil drops from highest in weeks, focus on Fed rate cuts

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran
16 December 2024, 08:30 AM

US case against Gautam Adani appears strong but extradition unlikely, experts say

Adani, his nephew Sagar Adani, and another Adani Group executive were charged with securities fraud and conspiracy
16 December 2024, 08:23 AM

Bitcoin surges above $106,000 on strategic reserve hopes

Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462
16 December 2024, 05:53 AM