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

Walton inks deal with Sri Lankan firm for market expansion

Walton Hi-Tech Industries has inked a deal with Monik Trading Private Ltd, a Sri Lankan company, to develop joint brands and expand market reach.
18 November 2024, 20:25 PM

Khulna Power’s Q1 profit declines 72%  

Profit of the power producer plunged 72 percent to Tk 1.76 crore in the July-September quarter. 
18 November 2024, 19:23 PM

Gold rebounds after 6-day losses

Gold prices rebounded on Monday, having posted losses in the previous six sessions, with gains driven by a pause in the US dollar’s rally, while investors await comments from the Federal Reserve officials for clarity on the interest rate trajectory.
18 November 2024, 18:00 PM

Stocks bleed as investors aim for profit

Stocks in Bangladesh have entered a downtrend as major market indicators yesterday fell for a second day consecutively, with skittish investors liquidating their holdings to profit amid ongoing price fluctuations.
18 November 2024, 18:00 PM

Is AI’s meteoric rise beginning to slow?

A quietly growing belief in Silicon Valley could have immense implications: the breakthroughs from large AI models -– the ones expected to bring human-level artificial intelligence in the near future –- may be slowing down.
18 November 2024, 18:00 PM

Banks asked to ensure smooth exchange of coins

The Bangladesh Bank has instructed banks in the country to ensure that Tk 1, Tk 2 and Tk 5 coins are smoothly exchanged for paper money.
18 November 2024, 18:00 PM

24 factories of Beximco shut amid liquidity crunch

The group's inability to open new LCs has forced its factories to halt production
18 November 2024, 18:00 PM

Islami Bank to realise Tk 10,000cr by selling S Alam Group’s stake

Islami Bank Bangladesh plans to sell the S Alam Group’s stake in the bank to realise dues of around Tk 10,000 crore from the controversial conglomerate.
18 November 2024, 18:00 PM

Salt farmers depressed by low prices

The cracked and barren fields around the Chowfaldandi village in Cox's Bazar suggest that the season for salt cultivation has arrived. However, disheartened by low market prices of the daily essential, very few farmers are preparing their land for that purpose..According to farmers, prices
18 November 2024, 15:43 PM

Moody's downgrades Bangladesh's ratings to B2, changes outlook to negative

“The downgrade reflects heightened political risks and lower growth, which increases government liquidity risks, external vulnerabilities and banking sector risks, following the recent political and social unrest that led to a change in government,” said Moody’s.
18 November 2024, 10:35 AM

Islami Bank to raise Tk 10,000 crore by selling S Alam Group's stake

The bank also intends to invite its former foreign shareholders, including Al Rajhi and the International Finance Corporation, to re-engage with the institution
18 November 2024, 09:31 AM

BB will not close any companies like S Alam, Beximco: Governor

He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
18 November 2024, 07:59 AM

Rice import from India resumes through Benapole Port after 2yrs

Rice imports from India resumed after a two-year hiatus, with the first shipment arriving through Benapole port last night
18 November 2024, 06:13 AM

Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say

Tata will hold 60 percent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support
18 November 2024, 05:29 AM

Stocks see modest gains

Of the shares, 182 advanced, 107 declined, and 77 remained unchanged. 
18 November 2024, 05:20 AM

ACI’s Q1 loss rises 167% year-on-year

Higher borrowing cost primary reason for incurring losses  
17 November 2024, 19:11 PM

Square Textiles post Tk 37cr profit in Q1

Increased yarn production behind profit uptick
17 November 2024, 19:02 PM

Graft biggest obstacle to doing business

More than 16 percent of Bangladeshi businesses identified corruption as the biggest obstacle to their operations, according to a survey conducted between April and July of this year.
17 November 2024, 18:00 PM

IMF, Pakistan wrap up unscheduled talks on $7b bailout

The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and reform efforts to reduce vulnerabilities during an unscheduled staff visit.
17 November 2024, 18:00 PM

Agrani Bank leads in remittance growth in September

Among the top banks receiving remittances, Agrani Bank stood out with extraordinary growth while Islami Bank Bangladesh and Trust Bank remained key players.
17 November 2024, 18:00 PM