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

Stocks fall sharply after 27 firms listed to Z category

Stock markets in Bangladesh fell sharply yesterday as investors went on a spree selling shares of 27 firms which were downgraded to the Z or junk category by Dhaka Stock Exchange (DSE)..The DSE downgraded the 27 businesses on Wednesday for violating securities laws by failing to properly p
26 September 2024, 18:00 PM

Automobile sales drop amid economic downturn, political jitters

Automobile sales have dropped substantially since July this year amidst the economic downturn and political turmoil, denting any hopes of recovering from last year’s slump, according to market insiders.
26 September 2024, 18:00 PM

Six in ten low-income households struggle to meet nutritional needs

Around 38 percent of low-income households in Bangladesh were food insecure in August as essential commodity prices only dropped slightly after the interim government took office on August 8, according to the World Food Programme (WFP).
26 September 2024, 18:00 PM

Apparel exporters go into overdrive to meet deadlines

Garment exporters have gone into manufacturing overdrive to recover from continual production disruptions over the past three months due to nationwide protests and curfews, the fallout from the ouster of the previous government, and the recent spell of labour unrest at major industrial belts.
26 September 2024, 18:00 PM

Interest payments surpass Tk 100,000cr for first time

The government’s interest payments against foreign loans surged 24.5 percent in fiscal year 2023-24, exceeding the Tk 100,000 crore mark for the first time in history, thanks to higher borrowing costs for loans from both domestic and foreign sources.
26 September 2024, 18:00 PM

Sri Lanka to restart talks with IMF soon

Sri Lanka’s new president called on Wednesday for restarting talks with the IMF “immediately” over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity.
26 September 2024, 18:00 PM

UK consumer sentiment sinks on fiscal worries

British consumers have grown more gloomy over the past month following the new Labour government’s removal of a welfare benefit for pensioners and warning of tax rises at next month’s budget, a new survey from a trade body showed on Thursday.
26 September 2024, 18:00 PM

IMF mission inquires about slow growth of revenue receipts

The fact-finding mission from the International Monetary Fund (IMF) inquired about the slow growth of direct tax collection under the National Board of Revenue (NBR).
26 September 2024, 18:00 PM

China admits economy facing new problems, vows to fix property sector

Chinese President Xi Jinping and other top leaders admitted Thursday that the world’s number two economy was facing new “problems” and vowed to resolve a long-running crisis in the housing sector.
26 September 2024, 18:00 PM

Dhaka Int'l Trade Fair to begin on Jan 1

The 29th edition of the DITF will take place at Bangladesh-China Friendship Exhibition Centre in Purbachal
26 September 2024, 15:33 PM

34,000 tax returns filed online in 2 weeks

The portal reopened on September 9
26 September 2024, 15:13 PM

Taskforce on economic strategy to prepare short-term plans

KAS Murshid, chair of the Taskforce on Economic Strategy Redesign, says in its first meeting today
26 September 2024, 14:53 PM

Panel formed to investigate share discrepancy in Rahima Food Corporation

The three-member panel formed by the BSEC was asked to submit report in 15 days
26 September 2024, 12:39 PM

Indian potato import through Hili resumes after a break of 77 days

Two trucks brought in 47 tonnes of potatoes on September 25
26 September 2024, 12:09 PM

UK consumer sentiment sinks on fiscal worries, trade body says

British consumers have grown more gloomy over the past month following the new Labour government's removal of a welfare benefit for pensioners and warning of tax rises at next month's budget, a new survey from a trade body showed on Thursday
26 September 2024, 11:38 AM

H&M abandons 2024 margin target as markdowns and costs hurt profit

H&M scrapped its earnings margin target for 2024 as higher discounting, costs and fierce competition hurt operating profit in the third quarter, sending shares in the world's No.2 listed fashion retailer down as much as 8 percent
26 September 2024, 08:37 AM

China admits economy facing new 'problems', vows to fix property sector

China's top leaders, including President Xi Jinping, admitted Thursday that the economy was facing new "problems" and vowed to resolve a long-running housing sector crisis, state media said
26 September 2024, 06:50 AM

German consumer morale improves despite economic gloom

German shoppers are heading into October feeling slightly more optimistic, a key survey showed Thursday, even as the outlook for Europe's biggest economy remains gloomy
26 September 2024, 06:02 AM

China considers $142 bn injection for state banks: report

Chinese leaders are considering pumping more than $140 billion into the country's large state-run banks in the first such move to support the flagging economy
26 September 2024, 05:12 AM

IMF board approves $7 billion Pakistan loan agreement

IMF on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender
26 September 2024, 05:05 AM