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

Pathao raises $12 million in foreign funds

Pathao has raised $12 million in a pre-series B funding round as part of the company’s strategic shift towards fintech
14 September 2024, 09:06 AM

American private sector can help unlock Bangladesh’s growth potential: Embassy

American private sector can help unlock Bangladesh’s growth potential through trade and investment with the right economic reforms in place, said the US Embassy in Dhaka on Saturday
14 September 2024, 08:17 AM

India sharply raises import tax on edible oils to support farmers

India has raised the basic import tax on crude and refined edible oils by 20 percentage points
14 September 2024, 08:04 AM

Cash-strapped Maldives says no need for IMF bailout

The Maldives says its financial troubles are "temporary" and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default
14 September 2024, 07:48 AM

US moves to curb 'trade loophole' over China worries

The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments
14 September 2024, 06:09 AM

China retail sales, industrial production slow in August

Chinese retail sales and industrial production growth slowed in August, official data showed Saturday, as leaders in Beijing seek paths to achieve growth targets despite consumers' reluctance to spend
14 September 2024, 06:03 AM

Most factories reopen in Ashulia, 49 still shut

36 factories are indefinitely closed under the 'no work no pay' provision of labour law. Some 13 factories have declared general holidays
14 September 2024, 05:52 AM

Kenya court halts Adani airport deal

Kenya's High Court has halted a controversial deal for Indian firm Adani to take over the country's main airport -- a decision hailed by critics on Tuesday as "a win for the Kenyan people"
14 September 2024, 05:49 AM

Indian govt removes minimum export price on onion

The Directorate General of Foreign Trade (DGFT) removed the MEP on onion with immediate effect
14 September 2024, 04:32 AM

Turning the tide: Critical reforms to correct 15 years of misrule

As Bangladesh enters a new era following the ouster of the Sheikh Hasina-led Awami League government, which ruled over the nation for 15 years and is responsible for countless financial wrongdoings, the need of the hour is to reform the overall system of governance.
13 September 2024, 18:00 PM

BB offers 2.5% incentive on remitting compensation

Bangladesh Bank will provide an incentive on the use of official channels for remitting compensation for physical injuries or deaths of expatriate Bangladeshis from their employers or insurance agencies.The incentive will be 2.5 percent of the amount being remitted, Bangladesh Bank said in
12 September 2024, 18:42 PM

Stocks end week with mixed performance

The share market in Bangladesh ended the week with a mixed performance as the Dhaka Stock Exchange (DSE) extended its gaining streak while the Chittagong Stock Exchange (CSE) witnessed a downward trend yesterday..However, investors and industry people voiced optimism about the return of go
12 September 2024, 18:00 PM

Beza to seek govt suggestion on fate of two Indian economic zones

The Bangladesh Economic Zones Authority (Beza) is likely to seek suggestions from top government officials over deciding the fate of two Indian special economic zones (SEZs), which have not seen any visible development over the past two years or so. 
12 September 2024, 18:00 PM

China gives duty-free access to all products of Bangladesh

China has decided to provide 100 percent duty-free access to products from Bangladesh, as well as other least developed countries (LDCs).
12 September 2024, 18:00 PM

Govt urges China to reduce loan interest, extend repayment period

The government has requested China to lower the interest rates on existing Chinese loans to 1 percent and extend the repayment period to 30 years.
12 September 2024, 18:00 PM

Govt may miss Aman acreage target

Bangladesh may miss its target for cultivation of the Aman rice, the second biggest rice crop, this year as farmers in the eastern districts are unlikely to transplant the seedlings again in fields that were washed away by last month’s devastating flood.
12 September 2024, 18:00 PM

Luxury hotels fall silent as business travellers fade away

Luxury hotels in Dhaka are yet to resume normal business activities as foreign and local clients do not feel confident in travelling to the country given that the overall situation is still unstable.
12 September 2024, 18:00 PM

Forex reserves drop to $19.4b after ACU payment

Bangladesh’s foreign exchange reserve has dropped to $19.44 billion after the payment of $1.37 billion in import bills of July and August.
12 September 2024, 18:00 PM

Chinese firm to invest $4m in Cumilla EPZ

Tianhui Button (BD) Co Ltd is set to invest $4 million to establish a garment accessories production unit at an export processing zone (EPZ) in Cumilla sadar upazila.
12 September 2024, 18:00 PM

Interview like a pro

While being interviewed, Jamil was asked if he was ok with working overtime without extra pay, and he quipped, “I can, as long as you don’t expect results”, to which the interviewer laughed, acknowledging the playful exchange.
12 September 2024, 18:00 PM