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

US hiring soars past expectations in sign of resilient market

The world's biggest economy added 254,000 jobs last month
5 October 2024, 07:08 AM

36 suppliers threaten to file lawsuit against Expo Freight for $10m arrears

The company is responsible for paying the arrears for goods supplied to now-bankrupt British retailer Debenhams
5 October 2024, 06:35 AM

Oil extends gains, jobs report lifts Wall Street

Crude prices rocketed around five percent Thursday when US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's barrage
5 October 2024, 04:47 AM

US trade chief defends tariff hikes when paired with investment

Tai's comments to AFP come a week after sharp tariff increases on Chinese electric vehicles, EV batteries and solar cells took effect
5 October 2024, 04:40 AM

Sri Lanka approves controversial foreign debt deal

President Anura Kumara Dissanayake said his government would honour his predecessor's deal
5 October 2024, 04:33 AM

DSE stocks rebound after massive fall

Indices of Dhaka Stock Exchange (DSE) rose yesterday on falling by a massive extent on the preceding three days, which was followed by protests by some investors in the capital’s Motijheel who blamed some of the regulator’s recent punitive measures. .The Bangladesh Securities and Exchange
3 October 2024, 18:04 PM

NOTICE

Following our story headlined "S Alam nexus laundered $815 million through two LCs" published on September 26, 2024, we received two rejoinders -- one from SS Power Limited and one from Rupali Bank
3 October 2024, 15:22 PM

Cabinet approves new export policy

The policy targets $110 billion export by FY27
3 October 2024, 13:42 PM

e-filing of tax returns crosses 50,000 in less than a month

The NBR relaunched the e-filing portal on Sep 9
3 October 2024, 12:53 PM

NBR forms taskforce to reform income tax law

Tax Commissioner Ikhtiar Uddin is heading the seven-member task force
3 October 2024, 12:03 PM

Ctg Chamber’s administrator gets 90-day tenure extension

The administrator will remain effective until January 7 next year
3 October 2024, 11:25 AM

Finance Division’s Integrated Budget and Accounting System earns ISO certification

The certification recognises iBAS++ for its robust measures in safeguarding sensitive data
3 October 2024, 11:08 AM

How is US dockers' strike affecting international trade?

US dockers launched strike action on Tuesday in 36 ports on the East Coast and Gulf of Mexico. Around half of North America's maritime trade passes through those ports
3 October 2024, 08:22 AM

Ibn Sina Pharma announces 63% cash dividend, highest in 7 years 

Ibn Sina’s consolidated earnings per share (EPS) was Tk 21.46, compared to Tk 19.38 the previous year, according to a disclosure on the Dhaka Stock Exchange (DSE)
3 October 2024, 06:28 AM

Climate change, economics muddy West's drive to curb Chinese EVs

The European Parliament is expected to vote Friday on whether to impose hefty tariffs on imported EVs from China -- part of a bid to protect its automotive industry from low-cost, subsidised competition
3 October 2024, 06:19 AM

Samsung says planning job cuts in some Asian operations

The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"
3 October 2024, 04:55 AM

Why oil price yet to ignite on Middle East escalation?

Benchmark oil contract, Brent North Sea crude, has rallied about five dollars this week after Iran's missile attack on Israel -- but remaining around $75 per barrel
3 October 2024, 04:50 AM

Upon pay assurance, workers lift highway blockade after 52 hours

Workers of Birds Group, a textile maker in Bangladesh, withdrew their blockade at the Baipail intersection of the Nabinagar-Chandra highway in Dhaka’s Ashulia yesterday after being assured that all their arrears will soon be paid..At around 9:30am last Monday, workers of Birds Group blocke
2 October 2024, 18:00 PM

Four lenders get Tk 945 crore liquidity support from five other banks

FSIBL gets Tk 300 crore, SIBL Tk 350 crore, Global Islami Tk 25 crore and National Tk 270 crore
2 October 2024, 14:14 PM

Non-resident Bangladeshis can now get up to Tk 10 lakh in bank loans

Repayments will be made from the remittances sent home
2 October 2024, 13:07 PM