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

What will US interest rate cuts mean for Asia and the Pacific?

The recent interest rate cuts by the United States Federal Reserve present opportunities and challenges for central banks in Asia and the Pacific
26 September 2024, 04:01 AM

49 firms allowed to export hilsa to India

The Ministry of Commerce yesterday issued a circular allowing 49 businesses to each export 50 tonnes of hilsa to India marking the upcoming Durga Puja scheduled to begin on October 9.
25 September 2024, 21:24 PM

No peak oil demand ‘on the horizon’, phaseout a ‘fantasy’: Opec

Opec said Tuesday that phasing out oil was a “fantasy”, as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change.
25 September 2024, 18:00 PM

BB governor seeks plans to reform NBFIs

Bangladesh Bank Governor Ahsan H Mansur yesterday urged the top brass of non-bank financial institutions (NBFIs) to submit reform plans.
25 September 2024, 18:00 PM

Personal guarantee against corporate lending: how effective is it?

Providing securities and guarantees is very common in corporate lending. Securities are immovable and moveable tangible assets and might be in the forms of pledge, hypothecation or in any other form.
25 September 2024, 18:00 PM

Leftist Sri Lanka leader stuck with painful IMF deal: analysts

Sri Lanka’s new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say.
25 September 2024, 18:00 PM

No progress in upgrading six closed sugar mills as prices soar

The fate of six state-owned sugar mills remains uncertain as there has been no upgrading progress since those were closed three and a half years ago, contributing to soaring prices of the sweetener in the local market.   
25 September 2024, 18:00 PM

Healthy banks asked to help ailing lenders

Bangladesh Bank (BB) has asked sound banks with excess liquidity to lend to crisis-hit banks facing severe liquidity shortages, in the best interests of the country’s banking sector.
25 September 2024, 18:00 PM

DSE downgrades 27 stocks

The Dhaka Stock Exchange yesterday decided to downgrade 27 companies to the Z or junk category for failing to properly pay dividends to shareholders in the last two years.
25 September 2024, 18:00 PM

Normalcy returning to RMG sector

Normalcy has started to return to the garment factories as the workers have resumed work, avoiding further unrest after the owners have accepted all the 18 of their demands.
25 September 2024, 18:00 PM

Govt speeds up Adani payments

The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time. 
25 September 2024, 18:00 PM

Islami Bank’s suspicious share price spike under scanner

The Bangladesh Securities and Exchange Commission (BSEC) ordered the Dhaka Stock Exchange (DSE) to inquire into the unusual movement of share prices of Islami Bank Bangladesh PLC.
25 September 2024, 18:00 PM

Inflation to hit double digits by end of FY25: ADB

Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).
25 September 2024, 18:00 PM

Gold price hiked by Tk 3,045 a bhori again

From tomorrow, a bhori of 22-carat gold will cost Tk 138,708
25 September 2024, 14:48 PM

Visiting IMF mission to seek info on NBR’s revenue collection plan

A four-member delegation of the IMF will sit with NBR officials tomorrow
25 September 2024, 13:46 PM

Normalcy returns to garment factories

Most resumed operation while a few are still planning to reopen
25 September 2024, 12:37 PM

Personal guarantee against corporate lending - how effective it is

What is the fate of personal guarantee and how effective and forceful is this when it is not defined, quantified and clearly identified and lenders have no control over it
25 September 2024, 11:55 AM

DSE asked to investigate unusual price hike of Islami Bank share

Share price of the bank hit Tk 70.4 today, up from Tk 32.6 on August 6
25 September 2024, 11:13 AM

Mitsubishi launches Outlander Sport SUV for Bangladesh market

The 1,499 cc vehicle is priced at Tk 49.5 lakh
25 September 2024, 09:51 AM

Beijing 'firmly opposes' US ban of Chinese tech from connected vehicles

China's commerce ministry on Wednesday said it "firmly opposes" US plans to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks
25 September 2024, 09:09 AM