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

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

Current account deficit of nine banks exceeds Tk 18,000 crore

The banks are National, First Security, Social Islami, Union, Commerce, Global Islami, Islami, Padma and ICB Islami
23 September 2024, 16:09 PM

NBR opens e-return service centre

The centre will assist taxpayers seeking to submit tax returns in compliance with regulations
23 September 2024, 14:37 PM

FICCI wants separate office to handle IP issues

The chamber met industries adviser, discussed collaborative approaches to tackle industrial challenges
23 September 2024, 14:33 PM

BB to hike policy rate twice within next month

Interest rate will also be increased, says Bangladesh Bank governor
23 September 2024, 13:50 PM

India to sell onions from reserves to check prices, official says

The Indian government will sell onions from its reserves to cool high prices, a top official at the consumer affairs ministry told reporters on Monday.
23 September 2024, 09:30 AM

Beijing slams reported US trade ban on cars with Chinese tech

China warned the United States on Monday not to take "discriminatory actions" against its firms, following reports Washington is planning to ban the sale of vehicles using Chinese and Russian technology
23 September 2024, 08:59 AM

British-Irish company Deltaport to invest $36 million in BEPZA EZ

British-Irish company Deltaport Ltd will invest $36 million to set up a garments factory in the BEPZA EZ at Mirsarai in Chattogram.
23 September 2024, 06:36 AM

UK finance minister vows to 'rebuild' country

British finance minister Rachel Reeves on Monday will vow to "rebuild Britain" after 14 years of Conservative leadership, warning of "difficult decisions" in a speech at the Labour Party conference
23 September 2024, 06:26 AM

TSMC, Samsung consider building chip factories in UAE, WSJ reports

TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion
23 September 2024, 05:16 AM

Harris to release new economic proposals this week on US wealth creation

US Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said
23 September 2024, 05:09 AM

Make loan defaulters’ list public

CFA Society Bangladesh, a platform of chartered financial analysts of the investment and fund management industry, yesterday urged the interim government to make the list of loan defaulters public to enhance transparency and limit their access to state services.
22 September 2024, 18:00 PM

Hilsa export to India allowed for ‘greater interests’

The decision to allow 3,000 tonnes of hilsa to be exported to India from Bangladesh ahead of the upcoming Durga Puja festivities was made considering the greater interests of the country, according to Salehuddin Ahmed, commerce adviser to the interim government.
22 September 2024, 18:00 PM

Five crisis-hit banks secure BB guarantee for liquidity

Five crisis-hit banks have obtained a Bangladesh Bank (BB) guarantee to avail liquidity support from the inter-bank money market, according to central bank officials.
22 September 2024, 18:00 PM

India has potential to become $10tn economy by 2032

Driven by strong GDP growth and robust manufacturing and emphasis on building infrastructure, India is on its way to becoming the third largest economy soon and has the potential to add $1 trillion to its GDP every 1.5 years to reach the $10 trillion economy mark by 2032, a new report showed on Saturday.
22 September 2024, 18:00 PM

BTRC officials demand the regulator’s independence

Officials of the Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday demanded the restoration of the commission’s independence in line with the original Telecommunication Regulation Act 2001.
22 September 2024, 18:00 PM

Central banks may face volatile inflation for years to come

Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option, European Central Bank President Christine Lagarde said on Friday.
22 September 2024, 18:00 PM

Health insurance: prospects and challenges

About 6.3 million people dropped below the poverty line due to healthcare spending in 2022, with 61 percent of the hospitalised patients finding themselves in financial trauma, according to the Bangladesh Institute of Development studies.
22 September 2024, 18:00 PM

BSEC wants WB help for int’l standard market surveillance

The Bangladesh Securities and Exchange Commission (BSEC) has sought assistance from the World Bank to upgrade its capital market surveillance system to international standards.
22 September 2024, 18:00 PM

IMF may seek subsidy cuts, more revenue against $3b loan

The International Monetary Fund (IMF) is likely to give more reform recommendations to reduce subsidies and increase revenue collection for an additional $3 billion loan sought by the interim government, according to a top official of the multilateral lender in Dhaka.
22 September 2024, 18:00 PM