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

Boeing expects post-strike output recovery to take several weeks

In the first 10 months of the year, Boeing said it delivered 305 airplanes, down from 405 in the same period last year
13 November 2024, 05:27 AM

Deal with Japan can boost trade

The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.
12 November 2024, 20:40 PM

Reserves drop below $20b after ACU payment

After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
12 November 2024, 20:20 PM

State sugar mills aim to boost annual output by 45%

State sugar mills are set to start the crushing of sugarcane from the middle of this month, with a target of increasing production by 45 percent year-on-year in the current fiscal year of 2024-25..Nine state sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC) tar
12 November 2024, 18:15 PM

Stocks fall on poor performance of large companies

Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
12 November 2024, 18:00 PM

Steelmakers face capital shortage as sales nosedive

Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.
12 November 2024, 18:00 PM

Import payment delay a reputational loss for Bangladesh: BB

Despite an overall improvement in foreign currency stocks, some state-run banks and Shariah-based lenders are not making import payments on time, prompting the central bank to issue a notice and warn of punitive actions against bank officials.
12 November 2024, 18:00 PM

Trump victory poses challenges for Fed’s independence

Donald Trump’s return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference.
12 November 2024, 18:00 PM

Chic Wings to invest $18m in Bepza EZ

Chic Wings (BD) Lingerie Co Ltd, a Singapore-China joint venture, will invest $18 million to set up a garment manufacturing factory inside Bepza Economic Zone (Bepza EZ).
12 November 2024, 18:00 PM

Asia, the world’s economic engine, prepares for Trump shock

Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.
12 November 2024, 18:00 PM

Gold hits near two-month low

Gold fell on Tuesday to its lowest in nearly two months, weighed down by a stronger dollar, while investors awaited a set of key US economic data and comments from Federal Reserve officials for further clarity on the interest rate trajectory.
12 November 2024, 18:00 PM

Women in online business lack access to finance: experts

Many women entrepreneurs who run online businesses face challenges in accessing finance as they operate from home and lack a physical setup, according to a paper presented during a discussion.
12 November 2024, 18:00 PM

Pubali Bank to raise Tk 400cr thru bonds

Pubali Bank has received approval from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 400 crore in funds by issuing unsecured, non-convertible, and redeemable subordinated bonds for a fourth time.
12 November 2024, 18:00 PM

Why does labour unrest drag on?

Following the political changeover on August 5, the country’s main export-earnings sector, the garments industry, witnessed a large-scale and drawn-out spell of labour unrest in industrial belts such as Savar, Gazipur, Ashulia, Zirabo and Zirani.
12 November 2024, 18:00 PM

Women in online business lack access to finance: experts

They spoke at an event organised by UN Women in partnership with Bangladesh Nari Progati Sangha and The Daily Star
12 November 2024, 14:18 PM

Gold to be Tk 2,520 cheaper from tomorrow

Each bhori of 22-carat gold will be Tk Tk 136,188 from November 13
12 November 2024, 14:12 PM

Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone

The Sino-Singapore firm will set up a garment manufacturing factory
12 November 2024, 12:09 PM

Boeing reaches settlement to avert civil trial in MAX crash

It originally involved six plaintiffs but until now all but one had settled, according to a source familiar with the case.
12 November 2024, 06:59 AM

Walton’s Q1 profit falls 26% 

Higher finance costs and foreign currency losses behind the profit drop
12 November 2024, 06:40 AM

Stocks gain for second consecutive day 

Of the shares, 246 advanced, 73 declined, and 68 remained unchanged. 
12 November 2024, 05:23 AM