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

India’s edible oil demand to rise

India’s edible oil consumption is set to grow at a pace of 2 percent-3 percent as cooking oils remain affordable despite an import duty hike, a leading importer told Reuters on Wednesday.
18 September 2024, 18:00 PM

Siphoning public money and its fate

In recent years, Bangladesh’s position in the global corruption index has been a major concern. Under the previous regime, the situation deteriorated, especially as people in power and their families became more deeply involved in corruption. While corruption exists in most countries, the question is its magnitude. If it goes beyond a tolerable level, it can severely affect the economy and its growth. There is a general perception that a 10 percent reduction in corruption can positively impact GDP growth by 1 percent, although this relationship varies by country and requires further research.
18 September 2024, 18:00 PM

Cash-strapped Sri Lanka eyes China development

Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday’s presidential election are banking on at least one of them to buck the trend.
18 September 2024, 18:00 PM

BSEC to investigate Nafeez’s SEML for illicit trading

The Bangladesh Securities and Exchange Commission (BSEC) will investigate all the activities of Strategic Equity Management Ltd (SEML) since its inception in 2007 to check for anomalies.
18 September 2024, 18:00 PM

Curb writ filing practices among loan defaulters

The leaders of the Bangladesh Association of Banks (BAB) have urged the central bank to take steps to stop defaulters from filing writ petitions with courts against the classification of loans and the collection of non-performing loans (NPLs).
18 September 2024, 18:00 PM

30 RMG factories still closed

A total of 30 garment factories in different industrial zones across Bangladesh, especially Ashulia, stayed closed yesterday as safety concerns remained following the recent unrest.
18 September 2024, 18:00 PM

External debt crosses $100b again

Bangladesh’s external debt increased to $103 billion at the end of June this year after falling slightly in March.
18 September 2024, 18:00 PM

Tyre prices soar on rising costs for raw materials

Global hikes in tyre and tube-making raw materials rates and a factory rampage at local key manufacturer Gazi Tyres have caused a shortage and price hikes for the auto item used in lightweight two- and three-wheelers like motorbikes and auto-rickshaws.
18 September 2024, 18:00 PM

Duty exemptions surged 20% in FY23

Duty exemptions provided by the National Board of Revenue (NBR) have been increasing over the years despite Bangladesh’s low tax-to-GDP ratio and the International Monetary Fund’s (IMF) recommendation to rationalise such expenses.
18 September 2024, 18:00 PM

CSE gets 7 new independent directors

The Bangladesh Securities and Exchange Commission (BSEC) has appointed seven independent directors to Chittagong Stock Exchange (CSE).
18 September 2024, 15:39 PM

Stocks rise after falling for two days

Bangladesh’s stock market rose yesterday on falling for two days as investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amidst price movements..A blue chip is a nationally or internationally recognised, well-established, and financially sound co
18 September 2024, 15:05 PM

8 investors, one brokerage fined Tk 1.2cr for price manipulation

The Bangladesh Securities and Exchange Commission (BSEC) today fined eight investors and one brokerage firm a total of Tk 1.20 crore for manipulating prices of two stocks.
18 September 2024, 15:04 PM

BSEC to run probes on 4 CWT mutual funds

The Bangladesh Securities and Exchange Commission (BSEC) today decided to conduct investigations on four mutual funds of CWT Private Equity.
18 September 2024, 14:51 PM

Bangladesh seeks UK help to investigate Sheikh Hasina’s allies, FT reports

Bangladesh has sought assistance from the UK to investigate the overseas wealth of allies of former prime minister Sheikh Hasina, as the new government intensifies its crackdown on members of her ousted regime, The Financial Times (FT) reported
18 September 2024, 10:12 AM

BSEC to investigate Nafeez’s SEML for illicit trading

The Bangladesh Securities and Exchange Commission (BSEC) is set to investigate all the activities of Strategic Equity Management Ltd (SEML) since its inception in 2007, and to check for any anomalies
18 September 2024, 10:06 AM

India’s exports to Bangladesh fall 28% in August

India’s exports to Bangladesh dropped by 28 percent year-on-year to $681 million in August, according to a report by The Indian Express, which cited protests and violence as factors worsening the forex crisis in Dhaka.
18 September 2024, 07:34 AM

Cash-strapped Sri Lanka eyes China development

Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend
18 September 2024, 06:34 AM

US retail sales see slight rise, beating expectations

US consumer spending rose only slightly in August, government data showed Tuesday, with consumers appearing to shift towards essentials in the face of high interest rates
18 September 2024, 06:16 AM

25 Factories remain closed in Ashulia

Most garment factories in the Ashulia industrial area reopened today in a sign of a gradual return of normalcy in the region following more than two weeks of unrest
18 September 2024, 06:09 AM

World Bank Vice President Martin Raiser arrives in Dhaka

The World Bank Vice President for the South Asia Region Martin Raiser arrived in Dhaka today for a two-day visit.
18 September 2024, 05:28 AM