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

BB eases rules for industrial imports

The Bangladesh Bank (BB) has eased the process for industrial imports, allowing importers to proceed with purchases using a letter of agreement instead of the traditional letter of credit (LC).
24 October 2024, 18:00 PM

Traders reluctant to import rice despite tariff cuts

Rice traders in Bangladesh are less interested in importing the grain despite the recent slash in related tariffs as they do not believe there is enough of a profit margin because of high prices on the international market.
24 October 2024, 18:00 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

New administrator forms 10-member panel to run BGMEA

They are: Md Shahidullah Azim, Enamul Haque Khan (Bablu), Miran Ali, M Mohiuddin Chowdhury, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Md Shihabuduzza Chowdhury, Shams Mahmud and Sharif Zahir
24 October 2024, 15:55 PM

Hilsha hunters hit by 22-day ban seek increased govt assistance

Each fisherman will get 25 kgs of rice under the VGF scheme during the ban beginning on October 13
24 October 2024, 15:18 PM

Pubali Bank’s profit surges 43% in Jan-Sep

Investment income and increased net interest lift earnings
24 October 2024, 08:29 AM

Square Pharmaceuticals reports Tk 2,092 crore profit in FY24 

Buoyed by the profit growth, Square Pharma’s board has recommended a 110 percent cash dividend, its highest in nine years
24 October 2024, 08:24 AM

Unilever beats third-quarter underlying sales estimate

The consumer goods giant said on Thursday it was keeping its full-year outlook for 3-5 percent underlying sales growth and an underlying operating margin of at least 18 percent
24 October 2024, 07:02 AM

Stocks fall as early losses hit market sentiment

DSEX sheds 44 points as turnover remains sluggish
24 October 2024, 06:19 AM

US fines Apple and Goldman Sachs over Apple Card

Apple failed to send tens of thousands of customer disputes about credit card transactions to Goldman Sachs, and when it did the bank did not follow federal requirements for investigating claims, the bureau said
24 October 2024, 04:57 AM

Boeing workers reject contract, extend strike: union

64 percent of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the contract, the union said on X
24 October 2024, 04:53 AM

Fashion brands face criticism for failure to protect labour rights in Bangladesh

Fashion brands, including H&M and Zara, are facing criticism over their lack of action to protect workers' basic rights in Bangladesh, according to Clean Clothes Campaign (CCC)..One year after a violent crackdown by state actors and employers against Bangladeshi garment workers protesting
23 October 2024, 18:32 PM

Interim govt’s economic initiatives show positive results: ICCB

The country is witnessing the impacts of initiatives taken by the interim government within two months of taking office, including increased flow of remittance, improved foreign exchange reserves, reduced fuel prices and accessible loans for export industry workers, according to the Internationa
23 October 2024, 18:02 PM

Building a loyal customer base

Talking about any industry from anywhere on the globe, customer loyalty stands as the foundation for a stable and long-term business venture. Considering Bangladesh, where market dynamics are very complex and rapidly evolving, nurturing customer loyalty is more crucial.
23 October 2024, 18:00 PM

US ‘very close’ to soft landing

The United States is very close to achieving a soft landing, the rare feat of tackling inflation without spurring a long recession, the IMF’s chief economist told AFP.
23 October 2024, 18:00 PM

IMF lowers China growth forecast for 2024

The International Monetary Fund (IMF) revised its forecast for China’s growth this year down slightly to 4.8 percent on Tuesday, warning that a persistent downturn in the real estate sector could potentially worsen.
23 October 2024, 18:00 PM

Trust distinguishes MTB from other banks

In the competitive local banking landscape, Mutual Trust Bank PLC (MTB) differentiates itself by offering trust to its customers, says Syed Mahbubur Rahman, managing director and chief executive officer (CEO) of the bank.
23 October 2024, 18:00 PM

No documents needed to file e-return

To ease online tax return submissions, taxpayers will not be required to submit any documents or soft copies when filing an e-return, according to the National Board of Revenue (NBR).
23 October 2024, 18:00 PM

Why stocks on a downward curve

The stock market index has been on a downward trajectory for the past two months, as a brief surge following the August political changeover quickly fizzled out.
23 October 2024, 18:00 PM