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

Downturn in stock market continues

The benchmark index, DSEX, shed 24.13 points or 0.48 percent to 4941.26 points as of 11:06 am today
28 October 2024, 05:29 AM

Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says

The new capital is set to come from a mix of the sale of stock and convertible preferred shares, the source added, saying the total amount raised could rise based on demand.
28 October 2024, 05:24 AM

Oil prices tumble as Iran fears ease, yen weakens after Japan polls

Oil prices fell as much as five percent in early trade before paring some of their losses
28 October 2024, 05:20 AM

Tycoons linked to Hasina siphoned $17b from banks, BB chief tells FT

“This is the largest, most significant bank robbery by any international standard,” he said
28 October 2024, 03:15 AM

Number of mobile internet users dropped in August

The number of mobile internet subscribers in Bangladesh dropped by nearly one crore to 12.69 crore in August, marking the second consecutive month of decline..Shahed Alam, chief corporate and regulatory officer at Robi, said customers have been discontinuing the use of secondary SIMs ever
27 October 2024, 18:00 PM

AIIB head criticises advanced nations for trade barriers

Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on Saturday criticized advanced economies for creating trade barriers including for renewable energy goods, saying there was “no longer free trade” in the global economy.
27 October 2024, 18:00 PM

RAK Ceramics incurs Tk 14cr loss in Q3

RAK Ceramics (Bangladesh) Ltd posted a net loss of Tk 14.67 crore in the July-September quarter of 2024, according to an official disclosure, as the ceramics manufacturer attributed the loss to a gas shortage in its production lines and nationwide political turmoil.
27 October 2024, 18:00 PM

On higher revenue, Marico’s profit grows 25% in Q2

Marico Bangladesh Ltd reported a strong financial performance in the July-September quarter as its profit surged 25 percent year-on-year to Tk 146.54 crore.
27 October 2024, 18:00 PM

Indonesia bets on SE Asia’s first battery plant to become EV hub

Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia’s inaugural electric vehicle battery plant, the first in Southeast Asia.
27 October 2024, 18:00 PM

Ifad Autos exporting AC bus to Bhutan

Ifad Autos has become the first local automobile company to export airconditioned (AC) buses assembled in Bangladesh.
27 October 2024, 18:00 PM

Edible oil prices rise despite VAT cut

Consumers in Bangladesh saw no drop in soybean and palm oil prices over the past week even though the National Board of Revenue (NBR) has reduced the import VAT from 15 percent to 10 percent.
27 October 2024, 18:00 PM

Minimum Wage Board lacks data, transparency: experts

The Minimum Wage Board, a government regulatory agency responsible for recommending changes to the minimum wage in different sectors, operates with limited data, which could lead to a lack of transparency and fairness in the wage-setting process, according to labour rights activists and experts.
27 October 2024, 18:00 PM

Stocks plunge to 47-month low on sell-off

The benchmark index of the Dhaka Stock Exchange (DSE) sank to a near four-year low yesterday as large investors continued selling amid fears of further erosion of their investments.
27 October 2024, 18:00 PM

IMF team due in Dec to review fourth tranche of $4.7b loan

The International Monetary Fund (IMF) is sending a team within the first week of December to review whether Bangladesh qualifies for the fourth tranche of a $4.7 billion loan programme.
27 October 2024, 18:00 PM

Bangladesh losing out to Pakistan in home textile exports

Bangladesh has been struggling to recover lost work orders in the home textile segment, a significant volume of which shifted to Pakistan nearly two years ago.
27 October 2024, 18:00 PM

Edible oil prices rise in spite of VAT cut

Consumers in Bangladesh saw no drop in soybean and palm oil prices over the past week even though the National Board of Revenue (NBR) has reduced an import VAT from 15 percent to 10 percent.
27 October 2024, 15:35 PM

Enquiry panel to find reasons for stock market downtrend

The four-member committee will submit a report in 10 workdays
27 October 2024, 14:52 PM

Biden's precise industrial policy may soon mutate

Two years into the US government’s attempt to lure manufacturing of semiconductors and renewable energy back home, the president’s top national security aide, Jake Sullivan, offered a defense of his boss’s major economic choices.
27 October 2024, 10:32 AM

Limited data of minimum wage board hinders employee assessment: experts

It should also establish a dedicated research wing, they said 
27 October 2024, 08:22 AM

All Apex Ltd factories closed in Gazipur following yesterday's worker strike

Apex Limited owners today announced closure of all their four factories in Gazipur following yesterday’s workers strike
27 October 2024, 07:57 AM