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 is Hilsa costlier despite increased harvest?

Hilsa remains dearer, although annual production of the most sought-after fish in Bangladesh has increased for the last several years.
11 October 2024, 18:00 PM

Of Hilsa and its hunters

On the corner of a crowded and noisy floor, a bespectacled man was calling out bids for a basket of Hilsa fish. He repeated the prices quoted by traders in a loud, rhythmic tone: “1,400-1,420-1,450…”
11 October 2024, 18:00 PM

Bangladesh still stays at bottom in business environment

The Washington-based multilateral lender’s Business Ready (B-Ready) report, which was released yesterday, also places Bangladesh in the fourth tier of five stages for public service delivery, indicating weaker performance in this area too
10 October 2024, 18:30 PM

China opens $71b ‘swap facility’ to boost markets

China’s central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country’s flagging economy.
10 October 2024, 18:00 PM

Telecom reforms for a smarter future

The shift from “Digital Bangladesh” to “Smart Bangladesh” was like trying to drive a car without an engine — all talk, little substance. While we have made big claims on paper, the reality was far from impressive. While waving the “Digital Bangladesh” flag, we ranked 105 out of 132 in Global Innovation Index 2023 (Source: World Intellectual Property Organization).
10 October 2024, 18:00 PM

Ratan Tata: Indian mogul who built a global powerhouse

Industrialist Ratan Tata, who has died aged 86, was credited with transforming India’s Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.
10 October 2024, 18:00 PM

Crisis-hit banks repaying depositors for emergencies, basic needs

As crisis-hit lenders have started getting liquidity support from the inter-bank money market, they are now repaying depositors for specific purposes, such as medical emergencies, and in the case of salary disbursement or remittance encashment.
10 October 2024, 18:00 PM

No respite for jute goods makers from export fall

Bangladesh’s exports of jute and jute goods have been falling continuously as many buyers have switched to synthetic and regenerated cotton yarn due to high prices of the golden fibre in the domestic market.
10 October 2024, 18:00 PM

ISPR responds to report on BSEC security

The Inter-Services Public Relations (ISPR) on October 9 protested a report published by various media outlets, including The Daily Star, titled "Armed forces to ensure security of BSEC." The news was published on October 7 in The Daily Star.
10 October 2024, 13:28 PM

Climate action not a burden, but an opportunity for businesses: energy adviser

Bangladesh Apparel Exchange organised the second edition of Bangladesh Climate Action Forum 2024 today
10 October 2024, 12:21 PM

Chinese electric car companies cope with European tariffs

MG, an historic British company that is now a subsidiary of Shanghai SAIC, now faces EU duties of 35.3 percent
10 October 2024, 08:04 AM

World Bank slashes Bangladesh growth forecast to 4% for FY25

The WB also revised down economic growth estimate on Bangladesh to 5.2 percent for the FY24
10 October 2024, 07:02 AM

Oil prices rise on US storm, fears of Israel-Iran conflict

US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"
10 October 2024, 06:13 AM

German govt sees economy shrinking again in 2024

Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement
10 October 2024, 05:05 AM

China opens $71 bn 'swap facility' to boost markets

The news lit a fire under mainland and Hong Kong equities on renewed hopes that officials would finally get a grip on the issues that have dogged the economy for years
10 October 2024, 04:56 AM

Stocks rebound from 3-day fall

Major indices of the stock market in Bangladesh saw a big rebound yesterday, snapping a three-day losing streak thanks to the rise in share values of some prominent companies, most of which are financially sound..The shares of British American Tobacco (BAT) Bangladesh, BRAC Bank, Grameenph
9 October 2024, 18:00 PM

Govt to import another 33,000 tonnes of LNG

The interim government of Bangladesh is going to purchase another 33,000 tonnes of liquified natural gas (LNG) for Tk 657 crore from the spot market.
9 October 2024, 18:00 PM

The egg price dilemma and public health

Article 18:1 of the constitution of Bangladesh articulates that the state will consider the development of nutritional levels and improvement of public health in the country as a primary duty.
9 October 2024, 18:00 PM

The US economy is solid: Why are voters gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.
9 October 2024, 18:00 PM

Summit urges govt not to cancel its FSRU deal

Summit Group yesterday urged the interim government to withdraw its recent decision to terminate an agreement over the establishment of the group’s second floating regasification plant for liquified natural gas (LNG) imported by Bangladesh. 
9 October 2024, 18:00 PM