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

Cut import taxes on sunflower, canola oil: Tariff Commission

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government reduce import taxes on sunflower oil and canola or rapeseed oil to offer a greater range of cooking oils in the markets..At present, crude sunflower oil importers are required to pay a total of 31 percent
30 November 2024, 18:02 PM

Businesses voice concern over state of law and order

Power crises are also making things extremely difficult, they say at DCCI conference
30 November 2024, 13:02 PM

WTO chief reappointed as Trump threat looms

Okonjo-Iweala, the first woman and the first African to head the WTO, was the only candidate in the race, and had been all but assured a second four-year term
30 November 2024, 08:32 AM

Markets to open tomorrow with a lower benchmark index

The benchmark DSEX index of the Dhaka Stock Exchange (DSE) closed at 5,192, losing 5 points or 0.10 percent Thursday a week ago
30 November 2024, 07:03 AM

China manufacturing expands for second straight month

The latest PMI reading marks the second straight month of expansion -- indicated by a figure above 50 -- after a five-month run in negative territory that ended in October.
30 November 2024, 05:09 AM

Sri Lanka records highest deflation since 1961

Sri Lanka had already seen deflation of 0.8 percent in October and 0.5 percent in September
30 November 2024, 05:04 AM

Germany to provide €180m for cooperation projects

Germany will provide around €180.81 million (approximately Tk 2,265 crore) for bilateral development cooperation projects in Bangladesh that focus on a number of mutually agreed core areas..Of the total support, €45.8 million will be in the form of technical cooperation and the rest in the
28 November 2024, 18:30 PM

Stocks fall after two-day gains

Major indices of the stock market in Bangladesh fell yesterday on gaining for two days as investors opted for caution in their trades amidst political and economic uncertainties..The last few days were downbeat for investors and the market centring Bangladesh’s foreign credit rating being
28 November 2024, 18:01 PM

Mexico says Trump plans may cost 400,000 US jobs

Mexico said Wednesday the United States will be shooting itself in the foot if President-elect Donald Trump implements his threats to impose 25-percent tariffs on Mexican imports.
28 November 2024, 18:00 PM

Indian banks reviewing Adani Group exposure

Indian lenders, including State Bank of India, are reviewing their exposure to Adani Group and examining whether they need to tighten their due diligence when offering new loans to them, after the US accused Chairman Gautam Adani of bribery, eight bankers said.
28 November 2024, 18:00 PM

Gen Z: The new challenge for family businesses

In recent years, family businesses are facing a new wave of challenges, dealing with Gen Z. Except for a few, most family-run companies are showing cracks that could lead to collapse. The older generation hopes their progeny will follow in their footsteps, but are they truly leaving behind stellar examples?
28 November 2024, 18:00 PM

Trump tariff talk spurs global jitters, preparations

Donald Trump’s tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.
28 November 2024, 18:00 PM

Lack of storage compromising fertiliser quality in Rangpur

The Bangladesh Chemical Industries Corporation’s (BCIC’s) buffer warehouse in Rangpur is grappling with a severe shortage of storage space that has left authorities with no choice but to store excess fertiliser stocks outdoors.
28 November 2024, 18:00 PM

Foreign debt servicing jumps 31% in Jul-Oct

Bangladesh’s foreign debt servicing surged nearly 31 percent year-on-year in the first four months of fiscal year 2024-25 owing to the country’s expanded foreign loan portfolio and a rise in global interest rates.
28 November 2024, 18:00 PM

Restoring law and order a top priority

Restoring law and order has become an urgent priority for the country, the Metropolitan Chamber of Commerce and Industry (MCCI) said in its review for the July-September period, titled “Economic Situation in Bangladesh”.
28 November 2024, 18:00 PM

Bangladesh’s ratio of low-paid workers 3rd highest in South Asia

Bangladesh has the third highest percentage of low-paid workers among South Asian nations after Sri Lanka and Bhutan, according to a report by the International Labour Organization (ILO) released yesterday.
28 November 2024, 18:00 PM

What’s the point of revolution if ill-gotten wealth not reclaimed?

Noted economist Debapriya Bhattacharya has raised the question as to why the massive wealth accumulated through looting and corruption during the previous regime has not been reclaimed by the state yet.
28 November 2024, 18:00 PM

Tax hike dents mobile subscriber base

The mobile subscriber base in Bangladesh dropped by over 52 lakh between July and September, the first three months of the current fiscal year, as operators slashed subsidised sales of SIM cards due to increased taxes.
28 November 2024, 18:00 PM

BB reverts to bank bailout despite inflation worries

The Bangladesh Bank (BB) has backtracked on its decision to refrain from injecting fresh funds into crisis-hit banks in its efforts to curb persistent inflation.
28 November 2024, 18:00 PM

National Bank recovers Tk 900cr bad loans till Oct

National Bank has been able to recover about Tk 900 crore of defaulted loans as of October and initiatives are underway to recover another Tk 400 crore by this year, said its chairman, Abdul Awal Mintoo, yesterday. .He was addressing a press conference at its head office in the capital’s
28 November 2024, 15:44 PM