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

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

Some RMG work orders shifted to other countries for unrest

Some garment work orders have shifted to competitor countries as a result of the recent spell of labour unrest in major apparel manufacturing belts across Bangladesh.
9 October 2024, 18:00 PM

Bangladesh's rice output crosses 4cr tonnes for the first time

For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.
9 October 2024, 16:18 PM

Some garment work orders shifted to other countries for labour unrest

Square Group CEO says in conversation with ERF members
9 October 2024, 15:10 PM

Merchant marine officers’ body demands overall reform in maritime sector

Bangladesh Merchant Marine Officers’ Association made the call in a press briefing
9 October 2024, 14:44 PM

Govt removes BASIC Bank chairman

Abul Hashem has been serving the bank as chairman since 2020
9 October 2024, 13:37 PM

Neither precedent nor Trump can save Big Tech

After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system
9 October 2024, 11:25 AM

Advisory panel formed to reform NBR 

The committee has five members
9 October 2024, 10:48 AM

Exports grow 5% in Jul-Sep

Bangladesh shipped $11.37 billion worth of merchandise in the first quarter
9 October 2024, 10:23 AM

China to outline fiscal policy as traders await action

The news comes after traders on the mainland and in Hong Kong were left disappointed by a news conference Tuesday in which officials failed to unveil any new stimulus and provided scant detail on its plans for implementing the raft measures already flagged
9 October 2024, 09:40 AM

NBR halves regulatory duty on sugar imports

The NBR expects that sugar prices will decrease in proportion to the duty reduction, and it hopes this measure will also discourage sugar smuggling.
9 October 2024, 07:20 AM

India central bank leaves interest rates unchanged

Central bank governor Shaktikanta Das said the bank would remain "unambiguously focused" on aligning inflation with its target while still supporting growth.
9 October 2024, 06:59 AM

BFIU freezes bank accounts of Sheikh Salahuddin Jewel, family

The accounts will be frozen for 30 days, with the possibility of an extension if needed
9 October 2024, 06:01 AM

Banks asked to freeze accounts of Union Bank MD ABM Mokammel

The anti-money laundering agency issued the directive yesterday to suspend transactions in both their personal and business accounts for 30 days
9 October 2024, 05:21 AM

Oil prices steady after sliding on potential Israel-Hezbollah ceasefire

Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT
9 October 2024, 04:53 AM

Trade deficit narrows in July-Aug period of FY25

The narrowing trade deficit is attributed to a rise in export earnings coupled with a decline in import expenditure
9 October 2024, 04:41 AM

China says raised 'serious concerns' with US over trade curbs

Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".
9 October 2024, 04:32 AM