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

Ctg chamber gets administrator

The government appointed an administrator to the Chittagong Chamber of Commerce and Industry (CCCI) yesterday, seven days after the president and the remaining 23 directors of the CCCI executive board resigned following protests.
9 September 2024, 18:00 PM

BFIU seeks bank account details of former state minister Shahriar Alam

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to provide details of accounts of former state minister for foreign affairs Md Shahriar Alam, his wife and son.
9 September 2024, 16:00 PM

BSEC forms committee to probe stock manipulation by S Alam, Salman F Rahman 

The Bangladesh Securities and Exchange Commission (BSEC) has formed a committee today to investigate the market involvement and activities by Saiful Alam and Salman F Rahman -- owner of controversial conglomerate S Alam Group and Beximco Group, respectively
9 September 2024, 11:55 AM

Japan's Q2 GDP growth revised down; softer consumption to test BOJ policy

Japan's economy grew at a slightly slower pace than initially reported in the second quarter, hurt by downward revisions in corporate and household spending that point to a bumpier second half for consumption and the central bank's rate-hike plans
9 September 2024, 06:27 AM

Central bank not blocking any business accounts: Governor 

BB is not blocking or interfering with the accounts of any businesses, regardless of their political affiliations, said BB Governor Ahsan H Mansur
9 September 2024, 05:46 AM

China consumer prices edge up to six-month high in August

Chinese consumer inflation ticked up slightly in August to a six-month high, official data showed Monday, but the reading missed expectations and did little to soothe worries about sluggish spending in the world's number two economy
9 September 2024, 04:56 AM

45 garment factories shut midday amid labour unrest

Some 45 garment factories in Ashulia and Gazipur, one of the country’s major industrial belts, were forced to shut down in the middle of the day yesterday amidst workers’ demonstrations, which have been sporadically erupting since last week.
8 September 2024, 18:00 PM

White-collar crimes: Bangladesh perspective

Readers may agree with my supposition that the current financial misfortune of Bangladesh is largely caused by white-collar crimes. Edwin Sutherland, a US sociologist who coined this terminology, defined white-collar crime as “a crime committed by a person of respectability and high social status in the course of his occupation”.
8 September 2024, 18:00 PM

Women ride Pakistan’s economic crisis into the workplace

Amina Sohail veers through heavy traffic to pick up her next passenger –- the sight of a woman riding a motorcycle drawing stares in Pakistan’s megacity of Karachi.
8 September 2024, 18:00 PM

NBR to open e-tax filing portal today

The National Board of Revenue (NBR) will open its online tax return submission portal today to facilitate digital income tax, wealth statement and other tax submissions by individual taxpayers for fiscal year 2024-25.
8 September 2024, 18:00 PM

S Alam entities have Tk 26,000cr in six banks

Some entities of the much-talked-about S Alam Group and some family members of the group’s founder Mohammed Saiful Alam have around Tk 26,000 crore in six banks, said insiders, citing data sent by the banks to the National Board of Revenue (NBR).
8 September 2024, 18:00 PM

Taskforce for banking sector to start work in 10 days

Bangladesh Bank Governor Ahsan H Mansur yesterday said the taskforce being formed for identifying areas of concern in the country’s banking sector will begin working within the next 10 days.
8 September 2024, 18:00 PM

Export target set at $57.5b for FY25

Bangladesh aims to increase its merchandise and service exports by about 12.74 percent year-on-year to $57.5 billion in the fiscal year 2024-25, according to Finance and Commerce Adviser Salehuddin Ahmed.
8 September 2024, 18:00 PM

Inflation eases in August but stays above 10%

Inflation eased in August but remained at over 10 percent, as higher prices of goods and services continued to strain the purchasing power of consumers.
8 September 2024, 18:00 PM

Canada jobless rate rises to 7-year high

Canada’s unemployment rate rose to 6.6 percent in August, its highest level since May 2017 -- excluding peak Covid-19 pandemic years -- the national statistical agency said Friday.
8 September 2024, 18:00 PM

Shoemaker to invest $7.45m in Bepza EZ

YiXin Bangladesh, a Chinese company in Bangladesh, will set up a footwear accessories manufacturing factory in the Bepza Economic Zone with an investment of $7.45 million.
8 September 2024, 18:00 PM

Stocks keep bleeding as investors go for safe bets

Stocks in Bangladesh maintained their downward spiral for a fifth consecutive day yesterday as skittish investors made fresh bets on lucrative blue-chip and large-cap scrips to pocket short-term gains in the face of price fluctuations.
8 September 2024, 18:00 PM

YiXin Bangladesh to invest $7.45m in Bepza EZ

YiXin Bangladesh, a Chinese company in Bangladesh, will set up a footwear accessories manufacturing factory in the Bepza Economic Zone with an investment of $7.45 million..The company has set a target to annually produce 10 million pairs of footwear materials. The investment will create em
8 September 2024, 11:36 AM

NBR to open e-tax filing portal tomorrow

The National Board of Revenue (NBR) will open its online tax return submission portal tomorrow to facilitate digital income tax, wealth statement and other tax submissions by individual taxpayers for fiscal year 2024-25
8 September 2024, 10:52 AM

Inflation eases to 10.49% in August  

Inflation declined to 10.49 percent in August from 11.66 percent in July, according to data released today by the Bangladesh Bureau of Statistics
8 September 2024, 09:03 AM