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

The US economy is solid: Why are voters gloomy?

Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House
9 October 2024, 04:24 AM

Stocks continue to bleed

Stock markets in Bangladesh maintained a downward trend for a third consecutive day yesterday, with the values of a majority of shares marking a significant drop..The shares of companies like Islami Bank Bangladesh, BRAC Bank, Square Pharmaceuticals, British American Tobacco Bangladesh, Re
8 October 2024, 18:00 PM

Foxconn to build world’s largest ‘superchip’ plant

Taiwanese tech giant Foxconn said on Tuesday it is building the world’s largest production plant for US hardware leader Nvidia’s GB200 “superchips” that power artificial intelligence servers.
8 October 2024, 18:00 PM

Tariff Commission again calls for duty cut to calm egg prices

After over a month, the Bangladesh Trade and Tariff Commission (BTTC) once again urged the National Board of Revenue (NBR) to withdraw import duties on eggs to cool off red-hot prices in the local market.
8 October 2024, 18:00 PM

No FDI in Ctg port against country’s interest

The interim government will not approve any foreign direct investment (FDI) in the Chattogram port that will end up compromising the country’s interests, said Brig Gen (retd) Sakhawat Hussain, adviser to the shipping, textile and jute ministries, yesterday.
8 October 2024, 18:00 PM

Economy better, yet in contractionary mode: PMI

The economic situation in Bangladesh improved in September compared to the preceding month but remains in a contractionary mode, suggests the latest Bangladesh Purchasing Managers’ Index (PMI).
8 October 2024, 18:00 PM

BSEC invites three firms for stock listing

The Bangladesh Securities and Exchange Commission (BSEC) has invited three major conglomerates, Meghna Group, City Group and PHP Group, to list their companies on the stock exchanges, aiming to provide good stocks for investors, according to an official press release.
8 October 2024, 18:00 PM

EkPay offering payment services without licence

EkPay, an e-payment system of the Aspire to Innovate (a2i) programme of the government, has been offering all types of payment services without obtaining a licence from the Bangladesh Bank (BB), which is in clear violation of the Payment and Settlement System Act-2024.
8 October 2024, 18:00 PM

Luxury car sales slow to a near-stop

Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh.
8 October 2024, 18:00 PM

Why the cost of Matarbari deep-sea port project is going up

Four years after its approval, the cost of the Matarbari deep-sea port project in Cox’s Bazar has escalated, while the deadline has been pushed back too.
8 October 2024, 18:00 PM

US judge orders Google to open Android to rival app stores

A US judge on Monday ordered Google to open its Android smartphone operating system to rival app stores, in a fresh legal setback for the tech giant.
8 October 2024, 18:00 PM

Import of 4.5cr eggs approved

The commerce ministry has approved seven firms to import 4.5 crore pieces of egg to boost supply in the local market and help contain its rising prices.
8 October 2024, 18:00 PM

GPH Ispat registers Tk 85.64 crore profit

GPH Ispat, one of the leading steel manufacturers in the country, posted Tk 85.64 crore in net profit for the fiscal year ending on June 30 this year.
8 October 2024, 18:00 PM

Renminbi on track for stability against USD: expert

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a leading currency expert.
8 October 2024, 18:00 PM

China holds off on fresh stimulus but ‘confident’ will hit growth target

China said on Tuesday it was “fully confident” of hitting its growth target this year but held off more stimulus, disappointing markets and fuelling concern about a lack of detail on a raft of measures unveiled last month.
8 October 2024, 18:00 PM

DHL, Daily Star honour five business luminaries for outstanding achievements

The theme of this year's event is "Bangladesh on the rebound".
8 October 2024, 12:56 PM

Grameenphone to introduce speed-based mobile internet similar to WiFi

This is Bangladesh’s first speed-based limitless internet pack for mobile users
8 October 2024, 11:58 AM

BSEC invites Meghna, City, PHP for stock listing

The stockmarket regulator made the call in a meeting with the top brass of the three conglomerates
8 October 2024, 10:45 AM

H&M, Bangladeshi Chorka team up to pilot sustainable textile production 

The initiative involves European Plan Zero members Revozona AG, Imogo AB, and Pluvia, whose technologies will be assessed together for the first time under one roof, according to a statement from H&M
8 October 2024, 10:19 AM

DHL, The Daily Star all set to honour the best in business

The flagship annual event of the DHL and The Daily Star will begin soon to celebrate the outstanding achievements of businesses in Bangladesh
8 October 2024, 09:26 AM