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

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

Adviser promises transparency in tendering process

Muhammad Fouzul Kabir Khan, the adviser on power, energy and mineral resources to the interim government of Bangladesh, has pledged to implement various reforms aimed at enhancing transparency in the tendering process for government projects..He made this promise during meeting with the bo
12 September 2024, 16:37 PM

Foreign exchange reserves drop to $19.4 billion 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, 14:00 PM

Jainul Bari made chairman of Sadharan Bima 

The interim government has appointed Mohammad Jainul Bari, the immediate past chairman of the Insurance Development and Regulatory Authority (Idra), as the new chairman of the board of directors of Sadharan Bima Corporation, the finance ministry said in a circular today. Bari has been appointed on a contractual basis for a three-year term
12 September 2024, 10:33 AM

Nagad’s new administrator files complaint against former CEO

Badiuzzaman Didar, the newly-appointed administrator of Nagad, has filed a general diary (GD) against Tanvir A Mishuk, the former managing director and CEO of the mobile financial service provider
12 September 2024, 07:58 AM

With inflation slowing, ECB to cut rates again

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves
12 September 2024, 05:54 AM

China slams Canadian tariff proposal as 'dangerous'

China's Commerce Ministry on Wednesday called Canada's intention to impose further tariffs on its batteries, tech products and critical minerals "dangerous," according to state media
12 September 2024, 05:07 AM

Optimism of US firms in China at record lows: report

American firms in China are grappling with an unprecedented web of challenges, a business group said Thursday, as economic woes and geopolitical tensions drag optimism and profitability to all-time lows
12 September 2024, 05:02 AM

Stocks rise for a second day straight

Share market indexes in Bangladesh maintained their upward trend for a second consecutive day yesterday as investors put fresh bets on lucrative issues amidst price fluctuations.
11 September 2024, 18:00 PM

Submarine Cables to issue 2.21cr shares

Bangladesh Submarine Cables PLC (BSCPLC) yesterday got approval to issue 2.21 crore ordinary shares against the government’s share money deposit of Tk 166 crore, which was provided when the company set up its second submarine cable for increasing internet bandwidth.
11 September 2024, 18:00 PM

FICCI urges NBR for full digitalisation

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) urged the National Board of Revenue (NBR) to take steps to fully digitalise its operations and enhance automation systems to optimise revenue generation.
11 September 2024, 18:00 PM

Taskforce formed for economic strategies

The planning ministry has formed a 12-member taskforce to develop strategies to give a boost to the economy and mobilise resources for equitable and sustainable development.
11 September 2024, 18:00 PM

No delay allowed for Alif directors’ Tk 200cr subscription

The Bangladesh Securities and Exchange Commission (BSEC) has decided not to extend the subscription time for directors of Alif Industries who decided to buy shares of the company worth Tk 200 crore.
11 September 2024, 18:00 PM

Role of NBFIs in the current economic context

Bangladesh Bank Governor Ahsan H Mansur has reassured that the central bank will provide liquidity support to assist struggling banks, which is a positive step.
11 September 2024, 18:00 PM

Harris, Trump cross swords on China and economy in debate

US presidential hopefuls Kamala Harris and Donald Trump clashed on China and economic issues Tuesday, with the Democratic candidate saying he “sold us out” on China while the former president declared “they’ve destroyed the economy.”
11 September 2024, 18:00 PM

Now FBCCI gets an administrator

The interim government yesterday appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) as its president had resigned amid a section of businesspeople demanding its board’s dissolution in the wake of last month’s political changeover.
11 September 2024, 18:00 PM

Economy still in contraction mode

Economic activities picked up in August compared to the month prior but could not recover from the trend of contraction that took hold in July, when the overall business environment deteriorated in the face of deadly protests, according to the latest Bangladesh Purchasing Managers’ Index (PMI).
11 September 2024, 18:00 PM

Textile millers want immediate improvement in gas supply

Textile millers yesterday urged the interim government to take immediate steps to improve gas and power supply to production units, as most are now running at only 30 percent capacity.
11 September 2024, 18:00 PM

Three banks seek BB guarantee for Tk 6,800cr liquidity support

National Bank, Islami Bank Bangladesh and Social Islami Bank have applied to the Bangladesh Bank (BB) for its guarantee to avail a total of Tk 6,800 crore in liquidity support through the inter-bank money market for a period of three months.
11 September 2024, 18:00 PM