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

First Security Islami Bank incurs Tk 31cr loss in Q3

First Security Islami Bank PLC suffered a loss of Tk 31.31 crore in the third quarter of this year, as its investment income fell and the cost of deposits increased.
5 November 2024, 18:00 PM

Taxpayers need not submit hard copies to VAT office

Aiming to encourage e-return filing and reduce hassles, taxpayers will no longer be required to submit hard copies related to value-added tax (VAT) returns to the VAT office if they file an e-return, the National Board of Revenue (NBR) said.
5 November 2024, 18:00 PM

Dollar limps in global market

The dollar softened on Tuesday as traders squared positions on the day of the US presidential election, after recent polls dented some market bets on a victory for Republican Donald Trump.
5 November 2024, 18:00 PM

19 business, economic journalists recognised in 9 categories

19 business, economic journalists recognised in 9 categories
5 November 2024, 16:06 PM

India eyes record rice production in 2024-25 monsoon

Indian agriculture ministry estimates producing 119.93 million tonnes of rice
5 November 2024, 13:09 PM

Stocks post a massive 2.14% rise

Investors were optimistic thanks to the tax
5 November 2024, 12:30 PM

Most Asian markets rise ahead of toss-up US election

A win for Republican Donald Trump is expected to boost the dollar, restoke inflation and send Treasury yields higher owing to his pledges to slash taxes and impose tariffs on imports
5 November 2024, 07:50 AM
5 November 2024, 07:31 AM

Boeing union says approves contract, ending over 7-week strike

The contract includes a 38 percent wage hike, a $12,000 signing bonus and provisions to lift employer contributions to a 401K retirement plan and contain health care costs
5 November 2024, 06:00 AM

China's premier 'fully confident' of hitting growth targets

Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly uneven.
5 November 2024, 05:55 AM

Stocks surge in morning trade 

The index added 84.01 points to 5,336.50, continuing momentum from yesterday
5 November 2024, 05:41 AM

BTRC to issue more NTTN licences if needed

Bangladesh Telecommunication Regulatory Commission (BTRC) will issue more Nationwide Telecommunication Transmission Network (NTTN) licences if services to customers are compromised as the regulator prioritises service quality, said BTRC Chairman Maj Gen (retd) Md Emdad Ul Bari yesterday.
4 November 2024, 18:04 PM

Denim demand rebounds gradually: experts

The demand outlook for locally made denim garments is gradually improving as Western economies rebound, local and foreign businessmen said yesterday.
4 November 2024, 18:00 PM

Stocks jump as NBR cuts capital gains tax

Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.
4 November 2024, 18:00 PM

China to hash out stimulus plan with US elections in sight

China’s top lawmakers gathered Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.
4 November 2024, 18:00 PM

Why RMG exporters chose Maldives shipping route

Bypassing the traditional air shipment routes through India or Bangladesh, garment exporters have found the Maldives to be a cheaper as well as faster route.
4 November 2024, 18:00 PM

Maddhapara Granite faces financial woes amid weak sales

Despite a doubling of local demand over the past decade, the country’s lone state-owned hard rock mining venture Maddhapara Granite Mining Company Limited (MGMCL) is facing challenges with declining sales and mounting stockpiles.
4 November 2024, 18:00 PM

BB to lift LC restrictions on crisis-hit banks

The Bangladesh Bank (BB) has decided in principle to withdraw the restrictions on opening letters of credit (LCs) by six crisis-hit banks, according to officials.
4 November 2024, 18:00 PM

Generation Next left to languish as leaders abroad

Generation Next Fashion, a listed apparel maker in Bangladesh, is struggling to continue operations due to labour unrest and a working capital shortage amid the absence of its top leaders, according to a disclosure on the Dhaka Stock Exchange (DSE).
4 November 2024, 18:00 PM

Govt drafts cross-border e-commerce policy

Bangladesh has drafted the Cross-Border Digital Commerce Policy 2024, marking a significant step towards integrating the economy with the global digital marketplace as it looks to facilitate globally accepted payment methods.
4 November 2024, 18:00 PM