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

Banks shun old-time Motijheel for glitzy Gulshan

Motijheel is losing its historic lustre as Dhaka’s commercial hub, with Gulshan, among the wealthiest neighbourhoods in the capital, stealing its thunder.
6 December 2024, 18:00 PM

BRAC Bank MD clarifies his comments, expresses regret

Hussain said he did not intend to hurt anyone and expressed regret for hurting anyone. 
5 December 2024, 23:12 PM

Our inflation quagmire

Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.
5 December 2024, 20:24 PM

BSC issues tender to dispose of two old oil tankers

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.
5 December 2024, 20:20 PM

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce
5 December 2024, 19:38 PM

Growth data inflated by 3.5 percentage points during AL regime

The former Awami League government had manufactured a development narrative for Bangladesh by inflating economic growth data by an average of 3.5 percentage points a year, Debapriya Bhattacharya, head of the panel that prepared a white paper on the state of the economy, said yesterday.
5 December 2024, 18:00 PM

Sonali to auction assets of Alltex Industries

Sonali Bank has decided to sell the assets of Alltex Industries through auction in a bid to recover unpaid loans of the listed textile producer.
5 December 2024, 18:00 PM

Janata moves to recover Tk 1,260cr from AnonTex

Janata Bank is set to auction the mortgaged assets of Simran Composite Ltd
5 December 2024, 18:00 PM

Mystery, volatility, Trump: the Bitcoin phenomenon

Despite being the world’s most famous cryptocurrency, Bitcoin -- whose value on Thursday passed $100,000 for the first time -- has always been surrounded by mystery and controversy.
5 December 2024, 18:00 PM

Accountants and accountability

South Asia relies heavily on professional accountants for governance, financial transparency, and regulatory compliance and yet the availability of these experts is scarce.
5 December 2024, 18:00 PM

‘Black Friday’ saw modest sales amid high inflation

Retailers of branded apparel, shoes and cosmetics in Bangladesh got a fairly good response from customers upon offering discounts and cashback on Black Friday amid high inflationary pressure and political uncertainty in the country.
5 December 2024, 18:00 PM

Bitcoin hits $100,000 for first time

Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector.
5 December 2024, 18:00 PM

Bottled edible oil supplies inadequate

The interim government has reduced taxes and duties on soybean and palm oil to lower prices amid high inflation but this has not helped raise imports. Instead, there is a shortage of bottled edible oil in the markets.
5 December 2024, 18:00 PM

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular
5 December 2024, 11:18 AM

Grains for gold: Indian export curbs drive boom in barter smuggling

The practice of smuggling gold to buy grain has persisted even after India, the world's second-largest gold consumer, slashed 9 percentage points from its import duty in July, taking it to the lowest in more than a decade
5 December 2024, 10:38 AM

Finance Adviser launches SICIP

Putting more emphasis on industry-academia collaboration, Dr Salehuddin said that that the conglomerates and business houses of the country need to invest more in research and development.
5 December 2024, 10:25 AM

Britain approves $19 billion Vodafone-Three mobile merger

The Competition and Markets Authority had previously said the deal could push up customer prices, but it later accepted that a pledge by the two companies to invest in 5G networks and offer protections for retail and wholesale customers were enough to ease its concerns.
5 December 2024, 07:44 AM

Mystery, volatility, Trump: the Bitcoin phenomenon

Donald Trump won the US election promising to make the country the "bitcoin and cryptocurrency capital of the world":
5 December 2024, 06:15 AM

Stocks down, end three-day rally 

DSEX lost 6.62 points as of 11:46 am 
5 December 2024, 06:03 AM

Inflation hits four-month high

Rises to over 11% for second time this year 
5 December 2024, 05:24 AM