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

US finalizes curbs on investing in Chinese tech

The new rules, which take effect on January 2 next year, will prohibit US-headquartered firms, citizens, and permanent residents from engaging in transactions involving cutting-edge technology like semiconductors, artificial intelligence (AI), and quantum computing
29 October 2024, 05:19 AM

HSBC reports $8.5 billion pre-tax profit in third quarter

The rise in pre-tax profit to $8.5 billion reflected a strong performance in its wealth management division as well as higher revenues in global banking and markets, HSBC said in an earnings release.
29 October 2024, 05:15 AM

Pran to reopen two state textile mills under PPP

Two factories of state-owned Bangladesh Textile Mills Corporation (BTMC) are being reopened after 27 years through a private-public partnership (PPP) with Pran-RFL Group..RR Textile Mills in Sitakunda and Rajshahi Textile Mills will be relaunched after being renamed Chittagong RR Textiles
28 October 2024, 18:05 PM

ADP spending in first quarter lowest in 15 years

Amid cautious spending by the interim government and disruptions due to political turmoil, the implementation rate of the annual development programme (ADP) in the current fiscal year’s first quarter hit the lowest in at least 15 years.
28 October 2024, 18:00 PM

Beza may build solar parks in Mirsharai EZ

The Bangladesh Economic Zones Authority (Beza) is considering utilising unused land to establish solar power parks at the Mirsharai Economic Zone in Chattogram, the largest industrial enclave in the country.
28 October 2024, 18:00 PM

Panic sales send stocks to four-year low

Stocks in Bangladesh plummeted to a four-year low yesterday, just a day after the stock market regulator formed an inquiry committee to investigate the reasons behind the market’s sharp decline.
28 October 2024, 18:00 PM

Khulna Power to shut two plants

Khulna Power Company Ltd (KPCL) has decided to shut down its 115-megawatt unit in Khulna and 40-megawatt unit in Jashore, citing uncertainty over its power purchase agreements (PPAs) with the Bangladesh Power Development Board (BPDB).
28 October 2024, 18:00 PM

India’s economic growth to stay strong: poll

India’s economy will grow at a solid pace this fiscal year and next, according to a Reuters poll of economists, but they cautioned that key drivers such as job creation and household spending will only increase mildly over the next 12 months.
28 October 2024, 18:00 PM

Global economy chiefs fret over a Trump return

Low growth, high debt and escalating wars topped the official agenda at the International Monetary Fund and World Bank annual meetings, but finance leaders spent much of their energy worrying about the potential impacts of a return of Donald Trump to power in November’s US presidential election.
28 October 2024, 18:00 PM

Chief adviser calls for more Saudi investment

Chief Adviser Dr Muhammad Yunus has called on Saudi Arabia to increase its investment in Bangladesh, highlighting the potential for deeper energy and economic ties between the two friendly nations.
28 October 2024, 18:00 PM

Yunus urges all to file tax returns online

Chief Adviser Dr Muhammad Yunus announced new measures to simplify income tax filing in Bangladesh, addressing both individual taxpayers and corporate employees on his official Facebook page yesterday.
28 October 2024, 18:00 PM

Inaccurate data stunts digital business growth

Despite growing interest in digital services, Bangladesh’s digital business environment remains underdeveloped compared to peer nations, largely due to a lack of reliable data and research, experts said yesterday.
28 October 2024, 18:00 PM

Grameenphone gets new chief corporate affairs officer

Tanveer Mohammad’s appointment comes into effect on November 1 this year
28 October 2024, 14:37 PM

Nasir Uddin Ahmed, new president of Bangladesh Insurance Association

He will remain in the post until the end of the 2023-24 term on April 8 next year
28 October 2024, 13:33 PM

Bangladesh’s GDP growth slows to 3.91% in Apr-Jun quarter

It is the lowest expansion in the four quarters of 2023-24 fiscal year
28 October 2024, 11:37 AM

Rupali Bank posts Tk 6 crore profit in Q3

The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year
28 October 2024, 09:27 AM

Exim Bank suffers a massive Tk 566 crore loss in Q3

The decline in NOCFPS was primarily due to increased investments in customers and a fall in deposits
28 October 2024, 08:43 AM

Khulna Power shuts down plants for deal uncertainty

Despite negotiations with BPDB, no formal PPA have been executed, said KPCL in a disclosure on the website of the Dhaka Stock Exchange today
28 October 2024, 08:13 AM

Investors protest decline in stock market, demand BSEC chief’s resignation

The investors claimed that the BSEC chairman had failed to prevent the market's downturn.
28 October 2024, 07:49 AM

Yunus urges everyone to file tax returns online

Taxpayers in Dhaka, Narayanganj, and Gazipur -- including government employees, scheduled bank workers, telecom employees, and officials from several multinational firms -- will now be required to file their returns online under the new initiative, he said.
28 October 2024, 06:23 AM