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

Why women risk losing out in shift to green jobs

Closing the gender gap in science, technology, engineering, and math would accelerate the green transition while making it more inclusive
16 October 2024, 09:17 AM

'Age of Electricity' coming as fossil fuels set to peak: IEA

Demand for oil, gas and coal is still projected to peak by the end of the decade, possibly creating a surplus of fossil fuels, the IEA said in its annual World Energy Outlook
16 October 2024, 08:49 AM

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

The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement
16 October 2024, 07:31 AM

China set to post slowest quarterly growth this year: analysts

Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth
16 October 2024, 06:17 AM

World Bank unlocks another $30 bn by tweaking balance sheet

Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing
16 October 2024, 05:25 AM

Trump says 'obnoxious' tariffs will bring factories to US

"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
16 October 2024, 05:22 AM

Producers to supply eggs directly to wholesalers

Starting today, corporate businesses and farmers will supply eggs directly to the wholesalers in capital at a reasonable price set by the government.
15 October 2024, 18:00 PM

EV sales up 30.5% in int’l market

Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 percent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday.
15 October 2024, 18:00 PM

Reform and the pressing needs of our economy

As the current political transition in Bangladesh stands, it presents a rare opportunity for massive reform that must not be missed. Navigating this pivotal time requires focus on changes that enhance governance, foster a business-friendly environment, and protect the rights and freedoms of our people. This reformative era should aim to build a transparent, competitive ecosystem that boosts investor confidence and curbs corruption.
15 October 2024, 18:00 PM

Nobel prize brings global inequality back in focus

The Nobel committee has put the spotlight back on global inequalities. Bestowing its prestigious economics prize on Daron Acemoglu, Simon Johnson and James A Robinson,  is a reminder that income disparities among and within nations are just as important as climate change, the AI “revolution” and ageing societies.
15 October 2024, 18:00 PM

UCB auditing activities of previous board, management

United Commercial Bank (UCB) is currently running a forensic audit to look into the role played by the previous board of directors and management committee, its new chairman, Sharif Zahir, said in a press conference yesterday.
15 October 2024, 18:00 PM

Millers bring down steel production as demand falls

The country’s steel production fell significantly in September compared to the previous year as the industry reeled from a damaging slump in demand and subsequent price reduction.
15 October 2024, 18:00 PM

Ban on polythene bags a boon for eco-friendly sack makers

Until early September this year, Mahfuza Begum’s Surzu Handicrafts was making eco-friendly, lightweight and reusable net shopping bags out of jute and cotton for a handful of buyers.
15 October 2024, 18:00 PM

Jobless rate among graduates tripled in nine years: WB

The share of unemployed tertiary-educated youth within the total unemployed population in Bangladesh increased to 27.8 percent in 2022 from 9.7 percent in 2013 as many struggled to find jobs that match their skills and educational qualifications, according to the latest World Bank (WB) report.
15 October 2024, 18:00 PM

Global public debt may exceed $100tn this year: IMF

Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even “worse than expected.”
15 October 2024, 18:00 PM

593 tonnes of green chillies imported from India

A total 593 tonnes of green chillies were imported from India in the last two days through Benapole Land Port in Jashore
15 October 2024, 15:11 PM

Govt likely to reduce VAT on edible oil

Tariff commission recommended reducing VAT on imports of oil to 10 percent
15 October 2024, 13:05 PM

Action against price-hiking syndicates under Special Powers Act

Asif Mahmud Shojib Bhuiyan, labour and employment adviser, today said strict action will be taken under the Special Powers Act against those involved in syndicates inflating commodity prices.
15 October 2024, 12:47 PM

Excelerate Energy to invest more in Bangladesh’s energy sector

A delegation of the US-based LNG company calls on chief adviser
15 October 2024, 12:34 PM

Desco reports Tk 505 crore loss for FY24 

This was the second consecutive year of losses for Desco 
15 October 2024, 07:42 AM