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

United Power posts 127% profit growth in first quarter

United Power Generation and Distribution Company Ltd (UPGDCL) posted a massive rise in profit in the first quarter, driven by higher tariffs and stable forex rates.
14 November 2024, 18:59 PM

Trump’s high tariffs on China may lower edible oil prices globally: importers

The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds and edible oil in Bangladesh, traders and importers said..China’s retaliatory tariffs may also discourage Chinese importers from buying US goods, they added. .If
14 November 2024, 18:07 PM

Why employers struggle with Gen Z

In the viral Millennial Job Interview, young applicant Amy brings an unconventional view of professionalism that confuses her interviewer. Listing Snapchat and Instagram as her “tech skills”, she dismisses traditional tools like Excel, labelling Facebook “for old people.”
14 November 2024, 18:00 PM

US consumer inflation rises in October on higher housing costs

US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve’s plans to cut interest rates.
14 November 2024, 18:00 PM

Trump victory signals golden era for crypto industry

Donald Trump’s triumphant return to the White House signals a potential golden era for cryptocurrencies, whose influential backers heavily supported his presidential bid.
14 November 2024, 18:00 PM

Production at Barapukuria coal mine may halt amid storage crisis

Barapukuria Coal Mining Company Limited (BCMCL) is at risk of being forced to halt production as its storage yard is currently overloaded.
14 November 2024, 18:00 PM

BTTC urges tariff cut for date imports

The Bangladesh Trade and Tariff Commission (BTTC) has recommended reducing import duties and taxes on dates to encourage increased imports and keep prices of the fruit stable during Ramadan, which is scheduled to start by the end of February.
14 November 2024, 18:00 PM

Credit card spending rose 14% in September

Credit card transactions within Bangladesh in September rose 14.42 percent to Tk 2,668 crore compared to that in August.
14 November 2024, 18:00 PM

Unable to open LCs, seven S Alam factories shut down

An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.
14 November 2024, 18:00 PM

Govt moves to cut budget size

The interim government is going to curtail its expenditure focusing on the budget for 2024-25 in order to keep fiscal pressure within its control, contain inflation and prevent foreign currency reserves from falling further.
14 November 2024, 18:00 PM

Food prices stubbornly high despite govt measures

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
14 November 2024, 18:00 PM

Square Pharma sees rare drop in sales

Sales of Square Pharmaceuticals, the largest drug producer in Bangladesh, dropped slightly to Tk 1,774 crore in the July-September period of the current fiscal, down 0.36 percent year-on-year, amid the recent political changeover..This is the first time the drugmaker has seen its sales fal
14 November 2024, 16:07 PM

Robi launches video chat support for speech, hearing-impaired customers

This service will connect the users with agents trained in sign language from 10 am to 7pm daily
14 November 2024, 15:08 PM

Jewellers cut gold prices by Tk 1,679 a bhori

Each bhori of 22-carat gold will be Tk 134,509 from tomorrow
14 November 2024, 14:16 PM

Malaysia's Daim Zainuddin, reformist ex-finance minister, dies at 86

The 86-year-old, who was credited with investor-friendly policies and privatisation of state-owned firms under former Prime Minister Mahathir Mohamad, died at a hospital on the outskirts of Kuala Lumpur, the family said in a statement.
14 November 2024, 06:53 AM

Trump victory signals golden era for crypto industry

Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time
14 November 2024, 05:35 AM

Russia's growth dips as inflation weighs on economy

Growth in the third quarter was 3.1 percent year-on-year, the Rosstat federal statistics agency said, down from a rate of 4.1 percent in the second quarter
14 November 2024, 05:27 AM

Stocks jump in the first hour 

The Tk 3,000 crore loan for ICB boosted investor sentiment
14 November 2024, 05:24 AM

Beximco losses rise

Beximco Limited has witnessed an increase in its losses to Tk 113 crore in the July to September period of the current fiscal year of 2024-25 due to political unrest..The conglomerate saw a loss of Tk 70 crore in the same quarter of last year..Beximco Limited reported that political
13 November 2024, 18:18 PM

Major portion of plastic waste not recycled

A major portion of plastic waste ends up in landfills and a substantial amount pollutes the marine environment every year instead of being recycled, according to experts..“About 293,825 tonnes of plastic waste are recycled per year,” said Ferdaus Ara Begum, chief executive officer of Busin
13 November 2024, 18:00 PM