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

New blow for UK's Starmer as growth data disappoints

Gross domestic product (GDP) was 0.5 percent in the April-June period, the Office for National Statistics said in a statement, while economists expected it to have remained at 0.6-percent expansion
30 September 2024, 07:03 AM

Doreen Power to shut down its Feni plant

All of its non-current assets will be sold
30 September 2024, 06:06 AM

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Brent crude futures for November delivery increased 51 cents, or 0.71 percent, to $72.49 a barrel as of 0330 GMT.
30 September 2024, 05:03 AM

China megacities ease homebuying rules to boost property market

The teetering property sector has long accounted for around a quarter of gross domestic product and experienced dazzling growth for two decades
30 September 2024, 04:56 AM

Alamgir Kabir era ends at Southeast Bank after 20 years

Southeast Bank elects its founding chairman MA Kashem as its new chairman
30 September 2024, 02:44 AM

Distressed loans soar to a record Tk 4.75 lakh cr

Distressed loans at banks totalled over Tk 4.75 lakh crore at the end of 2023 – a revelation that makes for a sobering read of the actual health of this vital sector of the economy.
30 September 2024, 01:00 AM

Half of BBS users not satisfied with data frequency

Nearly half of the users of official statistics produced by the Bangladesh Bureau of Statistics (BBS) are not satisfied with the frequency at which the state-run statistical agency releases new data, according to a recent survey..In particular, around 47 percent of the users expressed thei
29 September 2024, 18:30 PM

Stocks rise after last week’s decline

The benchmark index of Dhaka Stock Exchange (DSE) rose yesterday on falling for two days last week as investors traded select shares to pocket short-term profits..The DSEX, the broad index of the country’s premier bourse, edged up by 18.98 points, or 0.34 percent, from that on the day prio
29 September 2024, 18:00 PM

IPO approval turned into a recipe for market mischief

The stock market regulator approved 127 firms for listing in the past 14 years, allowing their transition from private to public companies. However, the subsequent outcomes are disheartening as most of these companies showed declined performance rather than growth.
29 September 2024, 18:00 PM

India aims to become $3tn tourism economy by 2047

As India aims to become a $3 trillion tourism economy by 2047, it is fast becoming one of the world’s most sought-after travel destinations with 14.3 million international tourists in 2022 and $17.6 billion in revenue.
29 September 2024, 18:00 PM

Why fixing retail prices of chicken and eggs does not work

Fixing retail prices for essential commodities like chicken and eggs might seem like a straightforward solution to ensure affordability for all consumers. However, in Bangladesh such measures often fall short due to various economic and structural challenges. Understanding the underlying microeconomic principles and market dynamics is essential to grasp why price controls may be ineffective at the national level.
29 September 2024, 18:00 PM

Nepal dam-building spree powers electric vehicle boom

Taxi driver Surendra Parajuli’s decision to buy an electric cab would have been unthinkable a decade ago, when chronic power cuts left Nepalis unable to light their homes at night.
29 September 2024, 18:00 PM

Govt revises taskforce on recovering laundered money

The interim government yesterday restructured an inter-agency taskforce meant to bring back money that has been illegally taken abroad.
29 September 2024, 18:00 PM

Unmet demands fuel labour unrest

Holding unmet demands responsible for the latest spell of worker agitation in garment manufacturing belts, labour leaders have called for an immediate implementation of the 18-point demand agreed on at a tripartite meeting last week.
29 September 2024, 18:00 PM

Shipping lines getting interested in Bangladesh-China route

Different shipping lines are showing interest in expanding their services to directly connect and quickly transport cargo between the Chattogram port in Bangladesh and those in China, the biggest source for local imports.
29 September 2024, 18:00 PM

Review foreign finance carefully: CPD

Multilateral development finance (MDF) sometimes brings risk for the receiving countries, for which there should be meticulous reviews for facing the challenges, according to experts.
29 September 2024, 18:00 PM

BB expands refinance scheme for marginalised people to Tk 750cr

The Bangladesh Bank (BB) today expanded the size of the refinancing fund meant for marginalised communities to Tk 750 crore from previous Tk 500 crore, with a priority to extend financial coverage to flood victims across Bangladesh. .The refinance fund is for the small bank account h
29 September 2024, 16:09 PM

Govt restructures task force on bringing back money illegally taken abroad

Headed by Bangladesh Bank governor, the nine-member task force became operational with immediate effect
29 September 2024, 15:07 PM

Islamic banks see rise in gross default loan

The banks’ unclassified rescheduled loan also rose, according to Financial Stability Report 2023
29 September 2024, 14:37 PM

Multilateral development banks need reform to expand capabilities: analysts

Experts say at CPD, OECD webinar on the Multilateral Development Finance 2024 report
29 September 2024, 14:15 PM