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

Nepal dam-building spree powers electric vehicle boom

Kathmandu is ground zero of an incipient transport revolution set to see the clapped out cars that clog its traffic-snarled streets make way for emissions-free alternatives.
29 September 2024, 10:45 AM

Kamala Harris’ economic plan bows to realities

If Harris manages to defeat Republican candidate Donald Trump, she will likely face a much more constraining fiscal and political environment than her predecessors
29 September 2024, 09:04 AM

17 factories still closed in Ashulia amid worker unrest

Of the closed factories, 11 were shut down under the “no work, no pay” provision of the Labour Act, while 6 others were closed due to general holidays.
29 September 2024, 07:22 AM

Beijing directs fiscal firepower at itself

The special government debt would equal to just 1.4 percent of last year's GDP - not quite the "whatever it takes" big-bang approach many economists and investors had been hoping for.
29 September 2024, 06:03 AM

EU to vote on Oct 4 to finalize tariffs for China-made EVs, Bloomberg News reports

The European Commission is on the verge of proposing final tariffs of up to 35.3 percent on EVs built in China, on top of the EU's standard 10 percent car import duty
29 September 2024, 05:19 AM

Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe

The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws
29 September 2024, 05:05 AM

434 units at BSCIC estates are either sick or closed

A total of 434 industrial units under the Bangladesh Small and Cottage Industries Corporation (BSCIC) are either suffering over financial issues or have already closed down due to various reasons..As such, some of these units are not operating at full capacity while others are not generati
28 September 2024, 18:00 PM

India sets roadmap to grow textiles industry to $350 billion by 2030

The country also targets generating 6 crore textile jobs by that time, India’s textiles minister says
28 September 2024, 11:56 AM

Renata’s profit rises 55% to Tk 362 crore

The company announced a cash dividend of 92%, up from the previous year’s 62.5%
28 September 2024, 11:08 AM

Higher policy rates may hamper investment and job creation: DCCI

"The government is gradually raising interest rates to curb inflation. This strategy may succeed in the short term, it should not be sustained over the long term," said Ashraf Ahmed, president of the DCCI.
28 September 2024, 09:46 AM

22 factories closed amid workers' protests in Ashulia

Protesters took to the streets demanding reopening of closed factories, withdrawal of cases and a salary hike
28 September 2024, 09:36 AM

We Must Change the Nature of Growth

The fortunes of our political leaders depend overwhelmingly on the rise or fall of one number: gross domestic product (GDP)
28 September 2024, 08:36 AM

Cuts, cash, credit: China bids to jumpstart flagging economy

China this week unveiled a bundle of new measures aimed at kickstarting its economy, battered by unprecedented headwinds including a property sector crisis and sluggish spending
28 September 2024, 07:43 AM

Internet to be disrupted for 4 hours early tomorrow 

The installation is scheduled by the consortium of the SEA-ME-WE 5 from 2 am to 6 am on September 29
28 September 2024, 07:20 AM

Boeing strike grinds on as latest talks fail to reach agreement

The union for striking Boeing workers said Friday that talks with the aviation giant "broke off" without agreement, after some 33,000 US employees walked out this month
28 September 2024, 06:56 AM

Intel and US to finalise $8.5 bln in chips funding by year-end, FT reports

Intel and the US government will likely finalise $8.5 billion in direct funding for the chipmaker before the end of the year, the Financial Times reported on Friday, citing people familiar with the discussions
28 September 2024, 06:27 AM

Gold pushed to new records as India demand reignites

India, the world's second largest consumer of gold jewellery, cut the import tax on gold in July to six percent from 15 percent, sparking a significant increase in appetite for gold jewellery, bars and coins
28 September 2024, 06:13 AM

US Fed's preferred inflation measure edges down in August

The personal consumption expenditures (PCE) price index was up 2.2 percent from a year ago in August, down from 2.5 percent in July, the Commerce Department said
28 September 2024, 06:03 AM

Inside the lives of RMG workers

In the shadowy predawn hours, the air in Ashulia, a small industrial town on the outskirts of Dhaka, is thick with anticipation.
27 September 2024, 18:00 PM

DHL Express announces annual price adjustments for 2025 in Bangladesh

Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics as well as administrative costs related to regulatory and security measures
27 September 2024, 05:04 AM