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 budget deficit widens to $1.8 tn, third highest on record

This year marks the third highest US deficit, behind 2021 and 2020, according to the Treasury
19 October 2024, 05:35 AM

IMF board approves $1.1 billion disbursal for Ukraine

The loan disbursal is the latest tranche of funding the International Monetary Fund has released to Ukraine as part of an ongoing 4-year, $15.5 billion program approved last March.
19 October 2024, 05:31 AM

BB removes NCC Bank chairman, director

Bangladesh Bank on Thursday removed NCC Bank Chairman M Abul Bashar and Director Md Abdul Awal after they were declared loan defaulters at Bank Asia.
18 October 2024, 07:10 AM

Key stock index lowest in two and a half months

Stocks in Bangladesh sank to a two-and-a-half-month low yesterday as investors poured their funds only into selective shares to pocket short-term gains amid price fluctuations..The DSEX, the main index of the Dhaka Stock Exchange (DSE), fell by 1.09 percent from the day before to close at
17 October 2024, 18:02 PM

Japan’s exports fall for first time in 10 months

Japan’s exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in global demand may complicate the central bank’s path to exit years of ultra-easy monetary policy.
17 October 2024, 18:00 PM

Gold sprints to record high in global market

Gold hit an all-time high on Thursday, steered by uncertainty surrounding the US election and expectations of more interest rate cuts by major central banks, while spotlight shifted to a slew of US data.
17 October 2024, 18:00 PM

Telecom reforms for a smarter future

Bangladesh’s digital infrastructure services -- towers, fibre networks, submarine cables and data centres -- have all the potential but sadly, it is buried under layers of mismanagement and corruption.
17 October 2024, 18:00 PM

ECB set to cut rates again as inflation cools

European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates.
17 October 2024, 18:00 PM

Don’t invest in polluting industries

Syeda Rizwana Hasan, adviser to the Ministry of Environment, Forest and Climate Change, has urged banks in Bangladesh not to invest in heavy polluting industries as a part of their responsibility to protect the environment.
17 October 2024, 18:00 PM

BB eases forex rules

The Bangladesh Bank (BB) yesterday eased foreign exchange rules through three separate notices, allowing banks to remit different types of payments abroad without central bank approval.
17 October 2024, 18:00 PM

High production and transport costs behind runaway food inflation

High production and transportation costs, limited bargaining power due to market structure inefficiency, seasonal supply, price fluctuations and limited market access for producers are triggering food inflation, according to a study by the Dhaka Chamber of Commerce and Industry (DCCI).
17 October 2024, 18:00 PM

Govt makes major moves to cut prices of edible oil, sugar, egg

In the face of public outcry over the high prices of essential food items, the National Board of Revenue (NBR) yesterday slashed customs taxes on imports of eggs, edible oil and refined sugar.
17 October 2024, 18:00 PM

CPD urges govt to revive 37 renewable energy projects

The Centre for Policy Dialogue (CPD) has called to immediately float tenders for 37 renewable energy-based power projects that were cancelled by the interim government.
17 October 2024, 18:00 PM

Specific duty for refined sugar imports slashed by 25%

The specific duty would be Tk 4,500 a tonne
17 October 2024, 14:16 PM

NBR drastically cuts import duty on eggs

Duty has been brought down from 25% to 5%, which would reduce import costs by Tk 13.8 a dozen
17 October 2024, 13:52 PM

Sk Trims completes paying all due dividends

The company’s managing director says today
17 October 2024, 12:44 PM

BB governor to visit US for World Bank-IMF meetings

The meetings will take place in between October 21 and October 26 
17 October 2024, 11:39 AM

Enhance transmission infrastructure to attract Chinese investment: CPD

The think-tank suggested adopting a short-term build-operate-transfer model to address infrastructure issues 
17 October 2024, 10:21 AM

New policy introduced for goods transport by lighter vessels

The Bangladesh Water Transport Coordination Cell will manage allocation and scheduling of lighter vessels
17 October 2024, 10:10 AM

VAT on import and trading of edible oil slashed 

NBR also exempted VAT at production and trading of the highly import-based edible oil
17 October 2024, 10:04 AM