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

BASIS president resigns alleging ‘threats to family’

The resignation follows multiple cases filed against leaders in the ICT industry, including Ahmed, in connection with the mass movement of July and August
17 October 2024, 07:28 AM

Almost 40% of World Bank's recent climate funds unaccounted for: Oxfam

An Oxfam audit found that as much as $41 billion in climate finance could not be found "between the time projects were approved and when they closed."
17 October 2024, 06:34 AM

BSEC declines NCC Bank’s Tk 500 crore bond issue 

NCC Bank  plans to appeal the decision and seek a review 
17 October 2024, 06:07 AM

ECB set to cut rates again as inflation cools

After cutting rates twice already this year, including at their last meeting in September, policymakers initially signalled a preference to wait until December to cut again
17 October 2024, 05:03 AM

China to almost double support for unfinished housing projects

Housing minister Ni Hong said Beijing will "increase the credit scale of white-list projects to four trillion" yuan ($562 billion) by the end of the year
17 October 2024, 04:59 AM

DSE turnover lowest in two and a half months

The turnover of Dhaka Stock Exchange (DSE) yesterday amounted to a two and a half month low of Tk 296 crore as skittish investors dumped their holdings to avert price erosions in their portfolios. The turnover, which is the total value of all the shares traded on the day, was 6.83 percent
16 October 2024, 18:00 PM

Govt’s food distribution slides 14% in first quarter

Government's food distribution under various social protection schemes declined 14 percent year-on-year in the first quarter of fiscal year (FY) 2024-25, mainly because of reduced transfer of grains under the Food for Work (FFW) and Food Friendly Programme (FFP).
16 October 2024, 18:00 PM

Goal to end extreme poverty by 2030 ‘out of reach’: WB

A global target of ending extreme poverty by 2030 is “out of reach,” said the World Bank on Tuesday, adding it could take three decades or more to do so.
16 October 2024, 18:00 PM

WB unlocks another $30b for developing countries

The World Bank approved changes to its lending practices on Tuesday which will unlock an additional $30 billion in much-needed financing for middle-income developing countries.
16 October 2024, 18:00 PM

UK inflation hits three-year low, fuelling rate-cut hopes

Britain’s annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month.
16 October 2024, 18:00 PM

Walton makes more shares available to public

Sponsor directors of Walton Hi-Tech Industries PLC have transferred nearly 29.7 percent of their shares to non-director family members, most of it as gifts, based on a regulatory instruction, according to a BRAC EPL Stock Brokerage report yesterday.
16 October 2024, 18:00 PM

India-Canada row overshadows growing trade ties, investment

A diplomatic falling out between India and Canada over allegations that New Delhi was behind the killing of a Canadian Sikh activist threatens to overshadow increasingly close trade and investment ties between the countries.
16 October 2024, 18:00 PM

Deal for 2nd Excelerate FSRU scrapped

The interim government has decided not to sign an agreement with US-based Excelerate Energy to build another regasification plant for liquefied natural gas (LNG) imported by Bangladesh, according to officials of state-run Petrobangla. 
16 October 2024, 18:00 PM

Cash outside banks keeps rising

The volume of cash outside the banking sector of Bangladesh has been increasing since the start of the year due to persistent inflation, the loss of consumer confidence in the sector due to the presence of ailing lenders, and the prevailing situation following the recent political changeover.
16 October 2024, 18:00 PM

Govt takes first step to join China-led trade bloc

The commerce ministry on Monday sent a letter of consent to the foreign ministry, requesting Bangladesh’s entry into the China-led Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact.
16 October 2024, 18:00 PM

Three drug makers ready to produce raw materials in API park

After successful trials, three local drug makers are set to begin full-fledged commercial production of active pharmaceutical ingredients (APIs) at the BSCIC API Industrial Park at Gazaria in Munshiganj.
16 October 2024, 18:00 PM

Egg price surge: what's driving the soaring costs?

Several economic theories help explain the current scenario.
16 October 2024, 15:42 PM

FAS Finance’s board reconstituted for third time

Retired Major General Md Anwarul Islam made new chairman of the company
16 October 2024, 13:46 PM

Chinese firm Jidalai to invest $5.85 million in Adamjee EPZ

The company will annually produce 70 million pieces of pullers of zippers
16 October 2024, 12:33 PM

Bangladesh seeks to join China-led trade pact

This is the first step taken to join the world's largest trade pact 
16 October 2024, 10:02 AM