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

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

BFIU asks banks to freeze accounts of Salman F Rahman and family 

The Bangladesh Financial Intelligence Unit (BFIU) today directed all banks to freeze accounts belonging to Salman F Rahman, the former adviser on private industry affairs to former Prime Minister Sheikh Hasina, along with those of his wife and son.
28 August 2024, 16:23 PM

Banks asked to freeze accounts of Quader, Sheikh Selim, S Alam secretary

Bangladesh Financial Intelligence Unit (BFIU) today asked banks to freeze the accounts of Obaidul Quader, Awami League general secretary and former road transport and bridges minister, and former lawmaker Sheikh Fazlul Karim Selim and their family members. 
28 August 2024, 16:06 PM

Shakib Al Hasan will no longer be BSEC’s brand ambassador

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
28 August 2024, 14:35 PM

Bajus members demand dissolution of existing board

They want an administrator for the jewellers’ association
28 August 2024, 14:00 PM

Reform Bangladesh Competition Commission immediately, says Bangladesh Intellectual Property Forum

The forum sent a letter to the chief adviser of the interim government and the commerce ministry
28 August 2024, 13:38 PM

Do not buy S Alam's assets: BB governor

The S Alam Group is trying to sell properties that are not mortgaged to banks
28 August 2024, 09:45 AM

Govt starts process to repatriate laundered money, acquire bank scammers’ asset

The interim government has already contacted various foreign organisations seeking their assistance
28 August 2024, 08:49 AM

Apple eyes bigger slice of India's streaming market with Airtel deal

The move comes as competition tightens in India's $28-billion entertainment market and an $8.5-billion merger of the Indian media assets of Reliance and Walt Disney faces close scrutiny from regulators
28 August 2024, 06:48 AM

Finance adviser urges NBR to reconsider duty structure

Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a
27 August 2024, 18:00 PM

MCCI projects higher imports, remittances and slowing inflation

Three major indicators of the economy -- imports, remittances and foreign exchange reserves -- are likely to increase in the first quarter of the current fiscal year, a positive development for the external accounts, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI).
27 August 2024, 18:00 PM

Workers bear the brunt of politically motivated attacks on businesses

Vandalism and arson attacks on factories since earlier this month have created deep concerns among entrepreneurs and plunged thousands of employees who work in these firms into uncertainty.
27 August 2024, 18:00 PM

Canada slaps 100% tariffs on Chinese EVs

Canadian Prime Minister Justin Trudeau announced Monday 100 percent tariffs on Chinese electric vehicle imports, matching US measures seeking to fend off a flood of Chinese state-subsidized cars into North America.
27 August 2024, 18:00 PM

Germany confirms economy shrank in Q2

The German economy shrank by 0.1 percent in the second quarter, final data confirmed Tuesday, weighed down by sluggish private consumption and a drop in industrial investments.
27 August 2024, 18:00 PM

What investors expect from new BSEC chair

Bangladesh’s stock market has been bearish for the past 14 years, leading to significant losses for many investors, erosion of their confidence and weakening of numerous associated institutions, such as the Investment Corporation of Bangladesh (ICB).
27 August 2024, 18:00 PM

High-tech manufacturing spurs China’s industrial profit growth

China’s industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world’s second-largest economy.
27 August 2024, 18:00 PM

BB could lower policy rate if inflation falls

Bangladesh Bank Governor Ahsan H Mansur yesterday said it would be possible to lower the policy rates within about six months if inflationary pressure in the country is reduced to a tolerable level.
27 August 2024, 18:00 PM

Islami Bank to appoint 3 auditors to find out causes of irregularities

Islami Bank Bangladesh will appoint three external auditors to root out the causes of irregularities in its loan approvals, forex dealings and employee recruitment process over the past seven years.
27 August 2024, 18:00 PM