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

Electronic filings of tax returns double in Jul-Nov

The number of electronic filings of tax returns more than doubled to over 5 lakh since July this year, thanks to the steps taken by the National Board of Revenue (NBR). .Individual taxpayers filed 2.17 lakh returns between July 1 and November 24 of this fiscal year, according to the NBR.<
25 November 2024, 18:23 PM

Renata raises Tk 536cr through bonds, preference shares

Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending. 
25 November 2024, 18:00 PM

Lovello to acquire 50% stake in Sharika Foods

Taufika Foods and Lovello Ice-cream PLC has announced that it would acquire a 50 percent stake in Sharika Foods & Amandala Ltd at a cost of Tk 50 lakh. 
25 November 2024, 18:00 PM

Atlas, Runner team up to grab a slice of Tk 500cr helmet market

State-owned Atlas Bangladesh and private manufacturer Runner Automobiles have teamed up to cater to the growing local market for motorcycle helmets, which currently relies on imported products.
25 November 2024, 18:00 PM

Jewellers cut gold prices by Tk 1,890 a bhori

From tomorrow, each bhori of 22-carat gold will cost Tk 140,376
25 November 2024, 14:33 PM

Electronic filing of tax return doubles since July

Over 5 lakh submitted e-returns since July 1 to November 24
25 November 2024, 14:18 PM

US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times

The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times.
25 November 2024, 06:27 AM

Business seeks details in face of mixed COP29 climate messages

Two weeks of acrimonious negotiations in Azerbaijan's capital Baku resulted in a deal for $300 billion in annual climate finance by 2035
25 November 2024, 06:09 AM

Stocks rebound after two-day losing streak

DSEX gains 19.69 points as of 11:02 am 
25 November 2024, 05:19 AM

Efficient cross-border trade a boon for LDC graduation: ICCB

With the increase in international trade of Bangladesh, efficient cross-border trade will have notable implications for the country’s status graduation from the least developed country (LDC) to a developing one, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh
24 November 2024, 18:32 PM

Stocks fall for second day

Stocks in Bangladesh yesterday stretched their losing streak to two days consecutively as investors grappled with the fallout of Moody’s recent downgrade of the country’s foreign credit rating..The US-based credit rating agency also revised its long-term economic outlook for Bangladesh fro
24 November 2024, 18:01 PM

Fed survey finds inflation fading

President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory financial professionals had moved on from rising prices and begun worrying about rising US debt, possible recession, and risks to global trade as among the top threats to the stability of the financial sector, according to a new Federal Reserve survey released on Friday.
24 November 2024, 18:00 PM

Renata approves Tk 325cr preference shares

Leading local drugmaker Renata PLC has issued preference shares of up to Tk 325 crore to refinance its loans.
24 November 2024, 18:00 PM

Global banks weigh halting fresh credit to Adani

Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani for fraud, sources said.
24 November 2024, 18:00 PM

Accelerating revenue collection by NBR

There is no denying that Bangladesh’s economy has grown at a fast and more or less constant rate since the early 90s. Similarly, our dependence on foreign loans and grants for development budget had also reduced after, among others, the introduction of VAT.
24 November 2024, 18:00 PM

Panel to address labour unrest at Beximco factories

The government has formed a six-member committee to review the labour and business environment at the Beximco Industrial Park, an enclave of 24 industrial units owned by troubled conglomerate Beximco.
24 November 2024, 18:00 PM

Container handling at Ctg port rises 10% in Aug-Oct

There has been a significant year-on-year rise in the number of containers handled at Chattogram port in the three months till October while there was a drop in the overall handling of cargo and ships.
24 November 2024, 18:00 PM

Most SMEs cite tax structure as main barrier

Around 57 percent of surveyed small and medium enterprises (SMEs) cited the existing tax structure as the main obstacle to doing business in compliance with the law, according to a report by the SME Foundation.
24 November 2024, 18:00 PM

ADP spending hits record low

With public projects disrupted following the political changeover on August 5 and the interim government exercising caution in spending, the implementation rate of the annual development programme (ADP) fell to at least 14-year low in the July-October period of this fiscal year.
24 November 2024, 18:00 PM

Targeted cash transfers can cut poverty by a third: CPD

Targeted cash transfers to poor households could reduce Bangladesh’s poverty rate by 6.13 percentage points, according to the Centre for Policy Dialogue (CPD), as the think-tank argued that current social safety net programmes are plagued by inefficiencies such as errors in beneficiary selection.
24 November 2024, 18:00 PM