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

AO Smith acquires Pureit for $120 million

AO Smith Corporation is a Wisconsin-headquartered global water technology company
4 November 2024, 15:33 PM

Newly formed BWTCC starts allocating serials of lighter vessels

The cell also cuts freight rates by up to 5%
4 November 2024, 13:10 PM

Stocks rise after falling for a day

The prime index of the Dhaka Stock Exchange rose 61.64 points or 1.19% to 5,252
4 November 2024, 10:50 AM

Crown Cement posts Tk 100 crore profit in FY24

Its board recommended 21% cash dividend, the highest in 8 years
4 November 2024, 09:19 AM

Shahjalal Islami Bank’s profit soars 23% in Q3

However, the cash flow of the Shariah-based lender fell amid increased investments in customer assets.
4 November 2024, 09:01 AM

NBR reduces tax rate to 15% on capital gains above Tk 50 lakh 

Prior to the rate cut, taxpayers had to pay 30 percent tax on the capital gains over Tk 50 lakh if the gains are realised in five years at any time of a year.
4 November 2024, 08:10 AM

US Fed to debate rate cut in shadow of presidential election

The Fed's two-day rate meeting begins on Wednesday, and is expected to result in a quarter percentage-point rate cut the following day.
4 November 2024, 06:52 AM

Garment exporters prefer cheaper Maldives, bypassing Dhaka, Indian airports

Exporters say the traditional air shipment routes through Dhaka, Kolkata, Colombo or Singapore had either become too expensive or too slow
4 November 2024, 06:50 AM

China to hash out stimulus plan with US elections in its sights

Beijing has in recent months heeded calls to step up support for the economy after years of inaction, announcing a raft of measures including rate cuts and the easing of some home buying restrictions
4 November 2024, 06:48 AM

Stocks inch up in early trade

Turnover, which shows the flow liquidity in the market, stood at Tk 157.79 crore
4 November 2024, 05:36 AM

Demand for combine harvesters rising

The equipment, which enables rice producers to harvest and thresh their paddy, saves both on time and cost of labour, they said
4 November 2024, 05:22 AM

Linde Bangladesh sees 30-fold rise in profit

Linde Bangladesh Ltd, a leading medical and industrial gas supplier, saw a massive surge in its profit in the July-September quarter of 2024 compared to the corresponding period last year, according to its latest quarterly financial statements.
3 November 2024, 18:00 PM

Rising remittance provides a breather amid forex crisis

Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange reserves.
3 November 2024, 18:00 PM

Chinese fabric recycler to invest $35m in Mongla EPZ

Xingchen Textile Co Ltd, a Chinese company, signed a deal with Bangladesh Export Processing Zones Authority (Bepza) yesterday to invest $35.03 million in setting up a textile recycling factory in Mongla Export Processing Zone (EPZ).
3 November 2024, 18:00 PM

Apple narrowly beats estimates with boost from iPhone sales

Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales.
3 November 2024, 18:00 PM

Policies for SMEs to find their way towards ESG

Small and medium-sized enterprises (SMEs) are the lifeblood of economic development, especially in countries like Bangladesh.
3 November 2024, 18:00 PM

US hiring slowest since Biden took office

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot in a razor-edge presidential election campaign where cost-of-living worries have dominated voter concerns.
3 November 2024, 18:00 PM

Tea production takes a hit from bad weather

Tea production in Bangladesh will likely decline this year due to adverse weather, namely sporadic bursts of rain and subsequent flooding, according to market players.
3 November 2024, 18:00 PM

Govt lifts investment cap on wage earner bond

The government has removed the highest investment limit of the Wage Earner Development Bond to encourage non-resident Bangladeshis (NRBs) to send more foreign currency to the country, which has been facing a forex shortage for more than two and half years.
3 November 2024, 18:00 PM

Swift move for EPA with Korea is crucial

With Bangladesh set to graduate from least developed country (LDC) status at the end of 2026, swift action on an Economic Partnership Agreement (EPA) with South Korea is crucial, the ambassador of South Korea to Bangladesh Park Young-sik said yesterday.
3 November 2024, 18:00 PM