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

City Bank Director Rubel Aziz to sell 34 lakh shares 

It is 11% of his total 3.08 crore shares in the bank
14 October 2024, 08:26 AM

Sonali Paper’s profit falls 20% 

The company made a profit of Tk 12.48 crore
14 October 2024, 08:16 AM

With inflation down, ECB eyes faster tempo of rate cuts

While the rate is expected to tick up again towards the end of the year, the sense that consumer prices are back under control has grown
14 October 2024, 06:27 AM

TSMC third-quarter profit seen jumping 40% on strong AI chip demand

The world's largest contract chipmaker, whose customers include Apple and Nvidia,has benefited from the surge towards AI.
14 October 2024, 05:13 AM

New policy limits OMS dealers’ tenure to 5 years

The OMS programme is a public food distribution system under which the government sells rice and flour at subsidised rates through authorised dealers and trucks across the country.
14 October 2024, 05:04 AM

Poorest countries face highest debt burden for 18 years: World Bank

"There is much that low-income economies can -— and must -— do for themselves," the World Bank's deputy chief economist, Ayhan Kose, said in a statement
14 October 2024, 05:00 AM

Food inflation above 10% for half a year, why?

Experts say raising policy rate would have little impact on lowering food prices
13 October 2024, 14:24 PM

Vietnam, China to expand rail links, cross-border payments

The two sides also signed a memorandum of understanding (MoU) on the implementation of cross-border payment services via QR codes and an agreement to study a model for an "economic cooperation zone" across their border
13 October 2024, 08:52 AM

Amazon wants to be everything to everyone

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network
13 October 2024, 06:31 AM

China consumer prices rise at slower rate in September

The consumer price index (CPI), a key measure of inflation, rose 0.4 percent year-on-year in September, down from the 0.6 percent recorded in August, the National Bureau of Statistics (NBS) said
13 October 2024, 05:58 AM

US firms brace for more tariffs as election approaches

US tariffs weigh on many industries. The American Apparel & Footwear Association (AAFA) estimates retail prices have risen five percent to 10 percent annually since 2020
13 October 2024, 04:56 AM

Tariffs, tax cuts, energy: What is in Trump's economic plan?

Ahead of November's election, economists warn his policies could raise consumer prices and shake up global trade -- with unclear benefits to US production
13 October 2024, 04:47 AM

No tax on donations to As-Sunnah Foundation: NBR

The tax-free facility will continue until June 2029
12 October 2024, 13:35 PM

Grameen Bank’s tax exemption reinstated for five years

The National Board of Revenue (NBR) issued a gazette on Thursday, confirming the reinstatement of Grameen Bank
12 October 2024, 11:47 AM

UK economy returns to growth in August after two months of stagnation

Economic output rose by 0.2 percent in monthly terms in August, according to figures from the Office for National Statistics that were in line with expectations in a Reuters poll of economists
12 October 2024, 10:13 AM

Russia sets price floor for wheat at international tenders, sources say

Russia's Grain Exporters Union said in a statement after the meeting the ministry also told exporters to engage in direct deals with buyers without third parties, as well as not to provide Russian grain to foreign firms that won international tenders below the new price floor
12 October 2024, 07:55 AM

Working from home is powering productivity

Working from home (WFH) increased about tenfold following the outbreak of the pandemic and has settled in at about five times its prepandemic level
12 October 2024, 05:46 AM

IMF board approves changes to cut borrowing costs by 36%

The suite of changes agreed to by the International Monetary Fund's executive board include adjustments to the surcharges paid by countries with high levels of debt, like Ukraine and Argentina, the Washington-based institution announced in a statement
12 October 2024, 05:27 AM

Boeing to cut 10% of workforce as it sees big Q3 loss

The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said, adding that the cuts of 17,000 positions globally "will include executives, managers and employees."
12 October 2024, 05:23 AM

China says will issue special bonds to boost ailing economy

The measures, announced at a highly anticipated press conference by Finance Minister Lan Fo'an and other officials, came on top of a series of steps announced over the last weeks
12 October 2024, 05:20 AM