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

OpenAI's Altman confident Trump will keep US in AI lead

"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities," he said.
2 December 2024, 06:46 AM

Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The move marks one of the Biden Administration's last large scale effort to stymy China's ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security.
2 December 2024, 06:44 AM

Stocks up in morning trade

DSEX gains 27.77 points as of 11:10 am
2 December 2024, 05:34 AM

Janata Bank files Tk 1,964cr default loan case against S Alam Group

Janata Bank filed a case against the industrial conglomerate S Alam Group with the Chattogram Money Loan Court on Sunday over defaulted loans amounting to Tk 1,964 crore..Chattogram Money Loan Court Magistrate Mujahidur Rahman issued an embargo on the transfer of about 7.43 crore shares of
1 December 2024, 18:02 PM

Eurozone inflation rebounds but rate cut still on cards

Inflation in the eurozone rebounded further in November, new data showed Friday, but the longer-term outlook remained in line with European Central Bank targets -- with a new rate cut still expected next month.
1 December 2024, 18:00 PM

Credit card interest hiked to 25% max

The maximum amount of interest that banks can charge on credit cards has been hiked to 25 percent from 20 percent in tune with changes in the policy interest rate and increase in lenders’ cost for fund mobilisation.
1 December 2024, 18:00 PM

Business communication in the AI era

Modern society is navigating through unprecedent, rapid technological advancements. While the fourth industrial revolution is spearheading the changes in the industry using newer technologies, artificial intelligence (AI) has emerged as a transformative force across industries.
1 December 2024, 18:00 PM

China manufacturing expands for second straight month

China in November saw an uptick in industrial output for the second straight month, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity.
1 December 2024, 18:00 PM

Debt payment burden to intensify further

A spike in the already-increasing debt servicing burden is imminent as the country’s debt to gross domestic product (GDP) ratio remains far from growth-reducing thresholds, according to the white paper on the state of the economy.
1 December 2024, 18:00 PM

Power and energy: A system designed for corruption

No less than $3 billion changed hands as kickbacks in awarding power plant projects during Sheikh Hasina’s autocratic rule, according to a white paper on the state of the economy.
1 December 2024, 18:00 PM

Cost of seven mega projects jumped 70% from initial estimate

Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
1 December 2024, 18:00 PM

Trump threatens 100% tariff on BRICS countries over currency plans

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.
1 December 2024, 18:00 PM

GDP growth overstated since 1995

Bangladesh’s economic growth has been overstated since 1995 and the practice of making inflated estimates rose after the fiscal year 2012-13, according to the findings of the white paper panel..It said Bangladesh was seen as one of the fastest-growing economies but its growth became a “par
1 December 2024, 15:49 PM

Remittance rises 14% in November

However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
1 December 2024, 12:53 PM

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term
1 December 2024, 11:09 AM

SS Steel's Q1 profit surges 50% 

The steel manufacturer posts higher cash collections as well 
1 December 2024, 09:29 AM

Islami Bank to issue fifth Mudaraba bond worth Tk 500 crore

The bond will strengthen the bank’s capital base
1 December 2024, 07:02 AM

US 'Black Friday' online spending put at record $10.8 bn

The biggest sales during the annual day-after-Thanksgiving promotions were for toys, jewelry, household appliances, skin- and hair-care products, clothes and electronic devices
1 December 2024, 06:00 AM

Stocks begin week with a fall

DSEX lost 15.8 points as of 11:12 am 
1 December 2024, 05:34 AM

Elon Musk asks US court to block OpenAi's for-profit conversion

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported.
1 December 2024, 05:28 AM