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

White paper to assess extent of corruption

The committee tasked with formulating a white paper on Bangladesh’s economy will assess the extent of corruption in the country and identify the reasons behind it, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).
29 August 2024, 18:00 PM

Fixing boards of ailing banks is first step for good governance

Reconstituting the board of directors of ailing banks is the first step towards bringing good governance and discipline to the banking sector, according to Bangladesh Bank Governor Ahsan H Mansur.
29 August 2024, 18:00 PM

Business activities yet to come back on track

Flash floods across parts of the country, the lingering effects of recent nationwide political upheaval, and persistent inflationary pressure have prevented business activities from getting back on track, according to businesspeople.
29 August 2024, 18:00 PM

Sharif Zahir, new chairman of UCB

The bank has also got new faces in the top tier
29 August 2024, 15:48 PM

BSEC freezes 20 BO accounts, including former ministers'

The Bangladesh Securities and Exchange Commission (BSEC) decided to freeze the beneficiary owner’s (BO) accounts of 20 investors linked with several former ministers and former members of parliament
29 August 2024, 15:28 PM

Nazrul Islam Mazumder removed from Exim Bank board

BB forms new five-member board for Exim, keeping three shareholder directors unchanged
29 August 2024, 13:32 PM

White paper to focus on mega projects, not all dev projects: Debapriya

The 12-member panel held its first meeting today, the next one on Sep 3
29 August 2024, 12:47 PM

Moody's raises India's growth forecasts

The rating agency expects India's economy to expand 7.2% in 2024 from 6.8% previously
29 August 2024, 11:25 AM

BB hikes banks’ agri loan disbursement targets

The banks have to disburse Tk 38,000 crore in FY25, a target 8.75% higher year-on-year
29 August 2024, 10:16 AM

Stocks experiencing a rising trend since morning

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 29 points, or 0.51 percent, to 5,786 until 12.40 pm
29 August 2024, 06:59 AM

How a single software update was able to cause IT chaos across the globe

The global IT outage on July 19 serves as a stark reminder of our vulnerability to technological failures
29 August 2024, 06:45 AM

As it reins in wasteful investment, China frets over growth

In the first seven months of this year, local governments have issued only 45.5% of their 3.9 trillion yuan special debt quota
29 August 2024, 06:18 AM

Gold pressured by stronger dollar

Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key US inflation report that could provide more clarity about the Federal Reserve’s September policy meeting.
28 August 2024, 18:00 PM

DC Industry to set up $5.36m factory in Bepza EZ

DC Industry (Bangladesh) Company Ltd signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) yesterday to set up a bag and wallet manufacturing facility in Bepza Economic Zone at Mirsharai, Chattogram with an investment of $5.36 million.
28 August 2024, 18:00 PM

Govt to buy urea fertiliser, red lentils

The government will purchase 90,000 tonnes of urea fertiliser and 20,000 tonnes of red lentils under four proposals approved by an advisory committee on public purchase in its first meeting yesterday since the interim government took to office.
28 August 2024, 18:00 PM

Leveraging GenAI to power successful businesses

More than 50 years ago, the invention of silicon-based microprocessors catalysed the progress of automated instruction-led activities in industries. Gradually, that led to the adoption of computers in business, which was later followed by technology-led business transformations. What we see today as enterprise resource planning (ERP) system implementations and upgrades to cloud-based ERP systems in organisations – including those in Bangladesh – have been built on technological inventions like microprocessors and algorithms.
28 August 2024, 18:00 PM

China’s solar sector blazes trail in commitment to renewables

Hundreds of rows of gleaming panels blanket swathes of scrubby sand at sunset in a remote northern Chinese desert -- once the biggest solar farm in the world.
28 August 2024, 18:00 PM

Govt forms panel for white paper on economy

The government yesterday formed a 12-member committee led by Dr Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD), to prepare a white paper on the state of Bangladesh’s economy.
28 August 2024, 18:00 PM

Foreign loan disbursement falls

Foreign loan disbursements for development projects in Bangladesh fell nearly 12 percent year-on-year last July, doing little to ease pressure on foreign exchange reserves.
28 August 2024, 18:00 PM

Handset production rises, but uncertainty looms large

Local production of handsets saw a significant increase in the first half of the year, but manufacturers continue to face challenges due to reduced demand for high-end smartphones.
28 August 2024, 18:00 PM