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

RAK Ceramics incurs Tk 14 crore loss in Q3 

Sales suffered due to political disruptions during the third quarter
27 October 2024, 06:36 AM

Marico Bangladesh posts 25% profit growth in Q2 

Despite declaring a 450% cash dividend for July-Sep, its cash flow declined
27 October 2024, 06:26 AM

Stocks fall 0.82% in morning trade

It shed 42.37 points in the first hour 
27 October 2024, 05:35 AM

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

Hyundai said the new factory was a commitment to helping the archipelago become a supercharged Southeast Asian EV maker
27 October 2024, 04:56 AM

China's second-generation factory owners go digital to combat challenges

Qiu has set up a marketing business that directly connects factories with foreign audiences, through videos posted on Instagram and TikTok, which in China can only be accessed using a VPN.
27 October 2024, 04:51 AM

Mobile subscriber numbers fell drastically in August

Following the trend of July, the number of mobile subscribers in Bangladesh dropped significantly in August..The mobile network operators -- Grameenphone, Robi, Banglalink and Teletalk -- collectively lost about 18 lakh customers, taking the total mobile subscriber base to 19.24 crore..
26 October 2024, 18:00 PM

Onion price rises on supply crunch

Onion prices at retail markets in Dhaka rose by Tk 10 to Tk 15 per kg over the past week, deepening the woes of low and fixed-income people
26 October 2024, 15:09 PM

Debt rule tweak can help UK avoid moron premium

Reeves has already pledged to fund day-to-day spending with taxes but has been vague about her borrowing plans.
26 October 2024, 11:06 AM

Mercantile Bank reports a massive 35% rise in profit in Q3

The bank also saw improved cash flow from core operations 
26 October 2024, 09:10 AM

SBAC Bank’s profits jump 158% in Q3

Higher investment income and lower expenses drive the bank’s profit growth
26 October 2024, 07:19 AM

Berger Paints posts Tk 56 crore in profit in Q2

This was a 21 percent year-on-year increase in profit for the multinational company
26 October 2024, 06:30 AM

Alibaba to pay $433.5 million to settle shareholder lawsuit over monopoly claims

Alibaba denied wrongdoing, saying it entered the settlement to avoid the cost and disruption of further litigation
26 October 2024, 05:49 AM

Moody's cuts France outlook, opening door to credit downgrade

Moody's said the fiscal deterioration it has seen is "beyond our expectations and stands in contrast with governments in similarly rated countries that are tending to consolidate their public finances."
26 October 2024, 05:44 AM

Russia hikes interest rates to 20-year high

The increase takes rates above an emergency level introduced in February 2022 -- just after Moscow ordered troops into Ukraine -- to their highest since 2003, with the regulator battling to stem the economic fallout of the conflict
26 October 2024, 05:39 AM

How political shifts can make or break business

Local conglomerates have been growing hand in hand with the economy since independence in 1971, but few have managed to navigate the changing tides over the years.
25 October 2024, 18:00 PM

Bangladesh may not regain US GSP soon

Bangladesh is unlikely to regain benefits offered under the generalised system of preferences (GSP) from the United States if the programme is revived in the near future because of several issues related to labour rights in the country, Finance Adviser Salehuddin Ahmed said yesterday.
24 October 2024, 19:51 PM

Gov to buy two cargoes of LNG from spot market

The advisory committee on government purchases yesterday approved the import of two cargoes of liquified natural gas (LNG) from the spot market..Switzerland-based MS TotalEnergies Gas & Power Ltd will supply each million British thermal units (MMBtu) of the first consignment at $13.94 and
24 October 2024, 18:17 PM

Meeting $100b garment export target by 2030 tough, but feasible

Bangladesh’s ambitious $100 billion garment export target by 2030 is currently facing a number of challenges both at home and abroad, but local manufacturers and business leaders are still optimistic about achieving the goal.
24 October 2024, 18:00 PM

RMG units struggle to adopt global reporting standards

Local garment factories are struggling to implement the Global Reporting Initiatives (GRI) standards, a set of 246 globally accepted standard issues, owing to a raft of factors, including a lack of data, local expertise, national policy directives and incentives, according to a keynote paper presented yesterday.
24 October 2024, 18:00 PM

Pakistan seeks $1b from IMF

Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps low and middle income countries mitigate climate risk, its finance minister told Reuters.
24 October 2024, 18:00 PM