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

NBR slashes import duty on onion, potato and pesticides

The National Board of Revenue (NBR) has reduced taxes on the import of onions and potatoes to boost supply and curb the rising prices of these essential items.
5 September 2024, 18:00 PM

Foreign banks lead the way in female representation

Nine foreign commercial banks in Bangladesh boast 27.73 percent female representation in their workforce, the highest in the sector, according to a report.
5 September 2024, 18:00 PM

Islami Bank’s Tk 8,279cr stuck with four lenders, one NBFI

Already struggling on providing a huge amount of loans to S Alam Group, Islami Bank Bangladesh is now in uncertainty over getting back Tk 8,279 crore it had provided as liquidity support to four banks and one non-bank financial institution (NBFI). 
5 September 2024, 18:00 PM

Govt to form task force to recover money taken abroad illegally

The interim government will form a task force to recover money illegally taken out of Bangladesh, said Finance and Commerce Adviser Dr Salehuddin Ahmed yesterday. 
5 September 2024, 18:00 PM

Unrest continues to weigh on industrial belt

After four days of closure, apparel production resumed in the Ashulia and Gazipur industrial belts yesterday morning amid tight security.
5 September 2024, 18:00 PM

German factory orders rise but outlook stays gloomy

German industrial orders rose for a second consecutive month in July, official data showed Thursday, but analysts said it wasn’t enough to brighten the outlook for struggling Europe’s top economy.
5 September 2024, 18:00 PM

Govt to form taskforce to bring back syphoned money, says finance adviser 

The government will form a taskforce to recover money syphoned out of Bangladesh, said Finance and Commerce Adviser Salehuddin Ahmed
5 September 2024, 10:47 AM

S Alam Group took over half of Islami Bank’s total loans, says new IBBL chairman

Chattogram-based conglomerate S Alam Group has taken more than half of the total loans disbursed by Islami Bank Bangladesh Ltd (IBBL), according to the bank’s newly appointed Chairman Md Obayed Ullah Al Masud
5 September 2024, 10:13 AM

Banks ordered to inquire about accounts of Shirin Sharmin Chaudhury

The Bangladesh Financial Intelligence Unit (BFIU) today instructed banks to seek information on all accounts of Shirin Sharmin Chaudhury, former speaker of Jatiya Sangsad
5 September 2024, 08:25 AM

NBR slashes import duty on onion, potato, and pesticides

The National Board of Revenue (NBR) has reduced taxes on the import of onions and potatoes to boost supply and curb the rising prices of these essential items
5 September 2024, 08:16 AM

US job openings hit 3-1/2-year low as labor market eases

US job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough to warrant a half-percentage-point interest rate cut by the Federal Reserve this month
5 September 2024, 05:50 AM

BYD's global expansion push runs into stiff Japan test

BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese automaker's global expansion
5 September 2024, 05:01 AM

China's Xi promises $50 billion for Africa over next three years

Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the pandemic
5 September 2024, 04:47 AM

Stocks tumble for the third day in a row

Stocks in Bangladesh yesterday maintained their losing streak for the third consecutive day as skittish investors made fresh bets on lucrative blue-chip and large-cap shares to pocket short-term gains amid price fluctuations..Shares of Square Pharmaceuticals, Southeast Bank, Khan Brothers
4 September 2024, 18:00 PM

Floods to affect rice acreage, production

Rice acreage and production in Bangladesh are likely to decline because of recent floods, which would affect paddy of the Aus and Aman seasons, said the US Department of Agriculture (USDA) at the end of last week.
4 September 2024, 18:00 PM

Salman loses grip on IFIC Bank

The Bangladesh Bank yesterday constituted a new board of directors at IFIC Bank after dissolving the previous board, effectively bringing an end to Salman F Rahman’s grip on the private commercial bank.
4 September 2024, 18:00 PM

SIBL managing director Zafar, 2 DMDs resign

Social Islami Bank Managing Director Zafar Alam and Deputy Managing Directors Habibur Rahman and Khorshed Alam resigned from their respective posts yesterday.
4 September 2024, 18:00 PM

BB in $450m shady trade with Islami Bank to rebuild reserves

In the first week of July, the Bangladesh Bank and Islami Bank Bangladesh completed a US dollar-taka trade, a typical mutual currency deal, which was supposed to replenish the central bank’s dwindling forex reserves and provide the cash-strapped Shariah-based lender with some liquidity support.
4 September 2024, 18:00 PM

LNG imports to be through public procurement rules

In a first for Bangladesh, the country’s interim government is going to import liquified natural gas (LNG) purchased from the spot market in accordance with the Public Procurement Rules 2008.
4 September 2024, 18:00 PM

BB will safeguard depositors’ interests

Bangladesh Bank Governor Ahsan H Mansur requested customers to keep calm regarding the crisis plaguing over half a dozen ailing banks, expressing optimism that their situation would turn around soon.
4 September 2024, 18:00 PM