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

Bangladesh economy might have expanded in Nov

Bangladesh’s Purchasing Managers’ Index (PMI) increased to 62.2 in November, a 6.5 percentage point climb from October, according to an unofficial estimate, indicating accelerated economic expansion driven by agriculture, manufacturing and services sectors.
8 December 2024, 18:00 PM

Rural poor reliant on rice as inflation cuts protein intake

Struggling with persistent inflation, the poorest people in rural Bangladesh are increasingly relying on rice to satiate their hunger while cutting back on protein-rich foods, according to a study by the Bangladesh Institute of Development Studies (BIDS).
8 December 2024, 18:00 PM

AB Bank MD Tarique Afzal resigns

Tarique Afzal, the managing director of AB Bank, has resigned from his position citing health reasons.
8 December 2024, 18:00 PM

Female workforce in garment industry slips to 53%

The share of women working in Bangladesh’s garment industry decreased over the past decade, with female participation falling to 53 percent in 2023 from 56 percent in 2014, according to a recent study.
8 December 2024, 18:00 PM

Walton gets Tk 350cr orders at ATS Expo

Walton received orders worth around Tk 350 crore from various local and foreign companies at the “Advanced Technology Solution-ATS Expo 2024”, the country’s sole industrial expo organised by tech-giant Walton..SM Mahbubul Alam, managing director of Walton Hi-Tech Industries, provided the d
8 December 2024, 16:29 PM

AB Bank MD Tarique Afzal resigns

He submitted his resignation letter to the bank's board of directors on Friday from the US, senior bank officials confirmed to The Daily Star today. 
8 December 2024, 12:09 PM

Garment exports to US decline   

The USA's overall apparel imports from the world also fell by 0.33 percent to $67.04 billion during the January-October period, the data showed. China ranked first in apparel shipments to the USA, with Vietnam in second place
8 December 2024, 11:51 AM

Bangladesh economy might have expanded in Nov

Purchasing Managers' Index increases by 6.5 percentage points to 62.2  
8 December 2024, 10:24 AM

Bourses begin the week with downturn

Total turnover stood at Tk 73.80 crore
8 December 2024, 05:53 AM

UK employers cut growth forecasts as tax hikes weigh on economy

Growth in 2025 is now seen at 1.6 percent, the Confederation of British Industry (CBI) said, down from a projection of 1.9 percent made in June
8 December 2024, 05:43 AM

US clean energy, defense to be impacted by China export curbs

Beijing announced this week it would ban exports of gallium, germanium and antimony to the United States, targeting materials used for everything from semiconductors to solar cells
8 December 2024, 05:00 AM

One in five non-poor houses at risk of becoming poor: WB

Despite the significant progress in reducing poverty in Bangladesh, about one in five of the non-poor households remain at high risk of falling below the poverty line, according to a study by the World Bank..The study was presented during a session on “Poverty in Bangladesh based on HIES 2
7 December 2024, 18:32 PM

High profitability lured businessmen to become MPs: Rehman Sobhan

Prof Sobhan made these remarks during a public lecture at the four-day annual conference organised by the Bangladesh Institute of Development Studies (BIDS) at Hotel Lakeshore in Gulshan today
7 December 2024, 11:32 AM

NBR unfreezes accounts of UCB chairman Sharif Zahir, family   

The development came four days after the CIC blocked withdrawals and transfers from the accounts
7 December 2024, 10:53 AM

US job market bounces back from impact of strikes, hurricanes

The labour market's resilience is driving the economy through strong consumer spending, with the closely watched employment report from the Labor Department on Friday showing solid wage growth last month
7 December 2024, 10:41 AM

Wahiduddin Mahmud expects ‘politically elected government’ next year

The adviser shared his “opinion” at a conference in Dhaka today while responding to a question on when Bangladesh might achieve a developed country status.
7 December 2024, 07:09 AM

Four-day BIDS conference on development begins in Dhaka

Planning and Education Adviser Wahiduddin Mahmud inaugurated the conference
7 December 2024, 05:35 AM

Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows

Holiday shoppers largely browsed at brick-and-mortar stores, making more online purchases at some retailers, snapping up such items as pre-owned Rolex watches,
7 December 2024, 05:09 AM

US Fed officials warn of ongoing risks from elevated inflation

The Federal Reserve has a dual mandate from Congress to keep both inflation and unemployment under control, and recently began rolling back high interest rates in order to better support the labor market
7 December 2024, 05:05 AM

Is Motijheel losing its glory as commercial hub?

Motijheel, once the pulsing heart of Dhaka’s trade and commerce, has become a shadow of its former self. Empty office floors now whisper tales of abandoned ambitions.
6 December 2024, 18:00 PM