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

Outstanding bills: Adani halves power supply to Bangladesh

India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
1 November 2024, 18:02 PM

The hidden cost of healthcare

Private facilities spring up around public hospitals as govt services fall short
1 November 2024, 18:00 PM

Stocks rise for a 3rd day straight

The stock markets in Bangladesh maintained an upward trend for a third consecutive day yesterday as investors cautiously traded on select shares amidst optimism over regulatory measures..Insiders and market analysts said a section of investors was optimistic over the latest market trends,
31 October 2024, 18:00 PM

US economic growth solid despite slight slowdown

The US economy saw resilient growth in the third quarter despite a modest slowdown according to government data Wednesday, less than a week before inflation-weary voters head into the presidential election.
31 October 2024, 18:00 PM

BB removes interest rate cap on RFCD accounts

The Bangladesh Bank (BB) yesterday removed the cap on interest rates for Resident Foreign Currency Deposit (RFCD) accounts, allowing banks to set their own rates.
31 October 2024, 18:00 PM

Cargo transport by lighters may face disruptions as dispute intensifies

Transportation of imported cargo from the Chattogram port to different parts of the country through inland water routes may face disruptions as disputes among lighter vessel owners’ organisations over managing the trade has intensified.
31 October 2024, 18:00 PM

Financial inclusion among garment workers low: Experts

Poor financial and digital literacy among garment workers in Bangladesh coupled with a lack of supportive policies and related data are the main barriers for improving financial inclusion for this segment, according to experts.
31 October 2024, 18:00 PM

Islami Bank sees first loss in decades amid high provision

Islami Bank Bangladesh PLC incurred a loss of Tk 89 crore in the third quarter of 2024, a first in the past couple of decades, due mainly to the necessity of retaining high provisioning against classified loans.
31 October 2024, 18:00 PM

Tk 3,000cr export fund held up in four troubled banks

A large chunk of a Tk 10,000 crore central bank fund, meant for financing raw material imports for export orders, remains stuck with four crisis-hit banks, according to Bangladesh Bank officials.
31 October 2024, 18:00 PM

Meta shows strong growth as AI spending surges

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors.
31 October 2024, 18:00 PM

Reviving workplace motivation

Motivating employees is tantamount to convincing a fish to walk. While managers shout, “reach for excellence!” we reach for a cup of tea after braving Dhaka traffic to work. They say, “think big!” but our minds are counting down to the next public holiday. And “give it your best!” sounds great until someone realises “the best” had left at 5:30pm sharp. Let’s face it, the only motivation that really works here is Thursday afternoon, when we clock out and finally escape the inspiration overload!
31 October 2024, 18:00 PM

Social Islami Bank fires 579 probationary officers appointed by S Alam

Crisis-hit Social Islami Bank has terminated 579 probationary officers who were allegedly appointed illegally by Chattogram-based conglomerate S Alam group..The human resource department of the Shariah-based lender sent letters to the 579 officers on Thursday, informing them that their ser
31 October 2024, 16:09 PM

BB governor takes charge as Saarc Finance Network chairperson

The BB governor took the charge at the 46th Saarc Finance Governors' Group Meeting held in Washington on October 24
31 October 2024, 15:33 PM

US secret service to train Bangladeshi agencies

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training
31 October 2024, 14:55 PM

Completely lift import duty on onion: BTTC

In the face of rising prices of onions, the Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government allow zero-duty entry of the kitchen staple to cut import costs and stabilise domestic prices. .Prices of the bulb surged to as high as Tk 150 per kilogramme earlie
31 October 2024, 14:48 PM

Economy is making a turnaround: finance adviser

Business leaders appreciate the steps taken for the domestic industry
31 October 2024, 13:34 PM

IFIC Bank's Q3 profit plummets 63% amid subsidiary struggles

Lower deposits caused its cash flow to turn negative
31 October 2024, 11:12 AM

Bata Bangladesh reports Q3 loss but declares 340% interim cash dividend

Limited retail operations during the period hampered its sales and profitability
31 October 2024, 07:25 AM

Islami Bank incurs Tk 89 crore in loss in Q3

However, the bank made a profit of Tk 267 crore in the Jan-Sep period
31 October 2024, 06:36 AM

China factory output expands for first time in six months

In October, China's Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 50.1, the National Bureau of Statistics (NBS) announced, up from 49.8 in September.
31 October 2024, 06:08 AM