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

Former Islami Bank chairman returns home after a decade

Abu Nasser Muhammad Abduz Zaher resigned from the bank and left for London in 2015
24 September 2024, 15:33 PM

Gold all-time high of Tk 135,663 a bhori from tomorrow

Jewellers raised 22-carat gold prices by Tk 2,612 per bhori
24 September 2024, 14:30 PM

Policy rate hiked to 9.5%

Bangladesh Bank today hiked the policy or repo rate, at which commercial banks borrow from the central bank, by 50 basis points to 9.50 percent to rein in inflation
24 September 2024, 11:17 AM

RMG factory owners accept all 18 demands of workers

The garment factory owners have agreed to raise the workers’ attendance bonus by Tk 225 and tiffin and night allowance by Tk 10 to restore normalcy in the production units
24 September 2024, 11:02 AM

Dissanayake's push for Sri Lanka economic change leaves IMF deal, debt rework in limbo

Sri Lanka's new president won the election decisively, but his toughest task still lies ahead as he seeks to balance promises to aid the nation's poor against the need to keep crucial supplies of cash flowing from the International Monetary Fund
24 September 2024, 08:41 AM

Unrest shuts three more garment factories in Ashulia

Amid the ongoing labour unrest, three more garment factories in the Ashulia industrial area were declared closed today under the “no work, no pay” provision of the labour law, bringing the total number of closed factories to 55
24 September 2024, 07:37 AM

Fishy business caught by fraying India-Bangladesh ties

Shimmering piles of silver fish are snapped up for exorbitant prices in India's port of Kolkata, the unlikely side effect of a diplomatic fallout after a student-led revolution in neighbouring Bangladesh
24 September 2024, 06:06 AM

IMF says ready for talks with Sri Lanka's new leftist government

IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said
24 September 2024, 04:31 AM

BFIU asks banks to freeze accounts of former UCB director, family members

BFIU has directed banks to freeze all accounts belonging to Anisuzzaman Chowdhury Ronny, a former director of United Commercial Bank, and brother of former land minister Saifuzzaman Chowdhury Javed, along with his family members.
24 September 2024, 04:04 AM

Stocks recover from single-day slump

Stocks in Bangladesh mostly bounced back yesterday after falling the day before as investors made fresh bets on lucrative scrips in anticipation of the earnings disclosures of listed corporates for the July-September period this year..Investors expressed optimism about the return of good g
23 September 2024, 18:04 PM

EU launches WTO challenge against China dairy probe

The EU on Monday launched a WTO challenge against a Chinese anti-subsidy investigation into imports of European dairy product, in an escalating trade row between Beijing and Brussels.
23 September 2024, 18:00 PM

Digital ID must for opening business accounts

The commerce ministry yesterday asked Bangladesh Bank to ensure that banks seek digital business identification (DBID) numbers when opening business accounts for companies engaged in e-commerce.
23 September 2024, 18:00 PM

British-Irish firm to invest $36m in Bepza EZ

British-Irish company Deltaport Ltd will invest $36 million to set up a garment factory in the economic zone of Bangladesh Export Processing Zones Authority (Bepza) at Mirsarai in Chattogram.
23 September 2024, 18:00 PM

Why Bangladesh’s mobile data slower than Myanmar’s

Bangladesh has one of the slowest mobile data speeds in the region, lower than neighbouring Myanmar, with prices higher than neighbouring India and Pakistan or even developed nations like Italy and France.
23 September 2024, 18:00 PM

Exports rose 2.9% in July

Exports grew 2.9 percent in July, the first month of fiscal year 2024-25, driven by higher shipments of winter clothes for the Western markets.
23 September 2024, 18:00 PM

India’s business growth at 9-month low as demand eases

Growth in India’s business activity slowed to a nine-month low in September amid a slight cooling in demand and an uptick in costs, according to a survey that also showed services sector jobs rose at the fastest pace in two years.
23 September 2024, 18:00 PM

Duty-free access for all products to China from Dec

Bangladesh, along with other least developed countries (LDCs), will enjoy zero-tariff access when exporting any product to China from December 1 this year.
23 September 2024, 18:00 PM

To maintain a stock fund, board spent millions on meetings

What does it take to manage  undistributed money of stock investors and hand it over to rightful recipients? You appear to be wrong if the answer is simply sincere effort.
23 September 2024, 18:00 PM

RMG worker unrest spirals in Ashulia

The Ashulia industrial belt saw an increased number of garment factories shut yesterday amid a fresh wave of unrest among workers of dozens of units for several demands, including a wage hike.
23 September 2024, 18:00 PM

Revenue receipts drop 11% in July-Aug

The government’s revenue collection in the first two months of the current fiscal year has been 11 percent lower year-on-year, which the tax administration attributed to the recent political unrest and the interim government’s emphasis on doing away with inflated figures.
23 September 2024, 18:00 PM