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

Business confidence flat among Japan's big manufacturers

The Bank of Japan's Tankan survey reports the difference between the percentage of firms who see current business conditions as favourable, and those that do not
1 October 2024, 05:20 AM

US Fed Chair sees 'further disinflation' in economy

The rate-cut lowers the cost of borrowing for consumers and businesses, bringing some relief to households weeks before November's presidential election -- even as the Fed works independently of the US administration
1 October 2024, 05:10 AM

FBCCI member platforms should hold polls first

The businesspeople, under the banner Boishamma Birodhi Songskar Parishad (Anti-Discrimination Reform Council), made the demands during a press conference at the Dhaka Reporters Unity Building in the capital yesterday, according to a press release
1 October 2024, 05:02 AM

Confidence Cement investing Tk 815cr to set up new factory

Confidence Cement PLC, a cement maker based in Chattogram, is investing Tk 815 crore to set up a new production facility on 10 acres of land in Narsingdi and cater to the future demand..The move comes at a time when cement sales have nearly halved over the past few months as most private a
30 September 2024, 18:00 PM

Thriving in business through energy transition

With climate change quickly becoming a global emergency, businesses need to contribute in both cooperative and coordinated way to address it.
30 September 2024, 18:00 PM

China’s factory, service sector activities shrink for fifth month

China’s factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with only three months left in the year.
30 September 2024, 18:00 PM

Expanding into glass production was a logical step

To meet the rising demand for basic and high-quality glass in Bangladesh’s construction sector, AkijBashir Group recently began production at a sprawling plant in Habiganj’s Madhabpur upazila, placing emphasis on more transparent and pure products to position itself as a key player in the rapidly growing market.
30 September 2024, 18:00 PM

Workers being deprived of fair wage

Workers have been deprived of a fair share of the country’s development as they are still not being paid proper wages, labour leaders yesterday told Debapriya Bhattacharya, head of a committee preparing a white paper on the state of the economy.
30 September 2024, 18:00 PM

Automated financial services can curb graft

Automation of government financial services is critical for reducing corruption and resource misuse, said Salehuddin Ahmed, finance adviser to the interim government.
30 September 2024, 18:00 PM

Debt servicing costs outweigh incoming loans

Bangladesh’s cost to service loans from multilateral and bilateral lenders surpassed the amount received from them during the first two months of fiscal year (FY) 2024-25, indicating that the country’s already fragile foreign exchange reserves may be stressed further.
30 September 2024, 18:00 PM

IMF reaffirms support in fighting economic challenges

The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024, 18:00 PM

Too many stockbrokers, asset managers approved during Hasina’s regime

Over the past 15 years, investors have fled the market, initial public offerings (IPOs) have been scarce and capital market growth has fallen short of expectations. Despite this dry market, the number of stock intermediaries entering the market increased steadily.
30 September 2024, 18:00 PM

IMF reaffirms support for interim government

The International Monetary Fund (IMF) has reaffirmed its support for Bangladesh’s interim government in overcoming the various economic challenges the country has been facing in recent times.
30 September 2024, 15:40 PM

Collaboration between private, public sectors a must now: finance adviser

A delegation of the Foreign Investors’ Chamber of Commerce and Industry meets Salehuddin Ahmed
30 September 2024, 14:14 PM

Debt servicing surges 47% in Jul-Aug

The amount hit $589 million in the first two months of FY25
30 September 2024, 13:41 PM

Potato, onion prices fall after duty cut: tariff commission

The reduced import taxes will remain effective until Nov 30 this year
30 September 2024, 12:42 PM

Painful policy choices loom after China's 'monumental' consumer stimulus plan

Beijing plans to issue sovereign bonds worth about 2 trillion yuan ($284 billion) this year, in part to subsidise consumer goods purchases and child support, effectively transferring funds to households
30 September 2024, 11:10 AM

Banks to freeze accounts of Nabil Group chairman, MD

The anti-money laundering agency also directed banks to freeze the accounts of companies owned by them
30 September 2024, 09:20 AM

RMG owners demand greater security to keep factories open amid labour unrest

They made the demand at a press conference at the BGMEA office 
30 September 2024, 08:48 AM

Automated financial services key to reducing corruption: Salehuddin

Ahmed emphasised that integrating financial services into a unified digital system would improve transparency and accountability
30 September 2024, 08:37 AM