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

Business confidence in tackling inflation is critical

Inflation has become a significant economic challenge for Bangladesh, impacting both consumers and businesses alike. As the country navigates through the post-pandemic recovery period, global supply chain disruptions, rising fuel prices, and domestic political regime shifts have all contributed to surging inflation.
18 August 2024, 18:00 PM

3 factories in Bangabandhu Shilpa Nagar start exports

Three firms in the Bepza economic zone inside Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram have started operations and exports, according to sources at Bangladesh Export Processing Zones Authority (Bepza).
18 August 2024, 18:00 PM

Maqsood gets top job at BSEC

The interim government has appointed Khondoker Rashed Maqsood as the chairman of the Bangladesh Securities and Exchange Commission (BSEC) for four years, according to a notice issued by the finance ministry yesterday.
18 August 2024, 18:00 PM

CPD calls for phasing out inefficient power plants

The Centre for Policy Dialogue yesterday urged the interim government to phase out all inefficient power plants as early as possible.
18 August 2024, 18:00 PM

Govt to form banking commission soon

The interim government will soon form a banking commission, a longstanding demand from economists, to bring about reforms aimed at salvaging the financial sector, which has been suffering from high default loans and weak governance.
18 August 2024, 18:00 PM

NRB Islamic Life Insurance: a cautionary tale

NRB Islamic Life Insurance has been mired in irregularities within just three years of its inception. The insurer has spent far more than the permissible limits for management expenses and showed extravagance in car purchases since being formed in 2021.
18 August 2024, 18:00 PM

Stocks fall for second day

Stock markets in Bangladesh sharply fell yesterday as risk-averse investors opted to lock in profits on quick-gaining shares on the trading floors amid price fluctuations.
18 August 2024, 18:00 PM

Indonesia, Chinese firms combine to drive EV growth

After driving his Wuling Binguo electric vehicle for about half a year, Luthfi, a resident of Jakarta, Indonesia, found the experience of using his first EV to be “pretty good”.
18 August 2024, 18:00 PM

Financial sector reforms: Govt to form banking commission soon

The interim government is going to form a banking commission soon to bring about reforms -- a longstanding demand of economists aimed at salvaging the financial sector which has been suffering from high default loans and weak governance
18 August 2024, 14:07 PM

Banks asked to freeze accounts of Amir Hossain Amu, daughter

The Bangladesh Financial Intelligence Unit (BFIU) has instructed all banks to freeze accounts belonging to Amir Hossain Amu, a former Awami League lawmaker and industries minister, and his daughter Sumaiya Hossain
18 August 2024, 13:52 PM

Rashed Maqsood gets top job at BSEC

The interim government has appointed Khondoker Rashed Maqsood as chairman of the Bangladesh Securities and Exchange Commission (BSEC) for four years, according to a notice issued by the finance ministry today..His appointment comes a day after M Masrur Reaz, an economist, declined to join
18 August 2024, 13:12 PM

Banks asked to freeze accounts of Harun, his wife

Harun or Rashid has recently been transferred from the detective branch to the crime and operations department
18 August 2024, 11:32 AM

Palli Sanchay Bank officials demand removal of managing director

Sheikh Md Jaminur Rahman and his associates used political ties to establish dominance in the bank
18 August 2024, 09:25 AM

World Bank, ADB urged to continue funding logically acceptable projects

Finance Adviser Salehuddin Ahmed says after meeting with ADB
18 August 2024, 09:03 AM

Amnesty for black money should not exist: new NBR chairman

Today was the first day for Abdur Rahman Khan as NBR chairman
18 August 2024, 08:41 AM

Japan firms see Harris presidency as better for business than Trump

Some 43 percent of Japanese firms said they preferred Harris in light of their corporate strategies and business plans while 8 percent picked Trump
18 August 2024, 06:41 AM

Dhaka stocks slump in early trade

The benchmark index DSEX lost 120 points as of 12.26pm
18 August 2024, 06:29 AM

Foxconn chief defends India hiring after report that it rejects married women

The company has opened a multi-storey hostel complex, which is exclusive to 18,720 Foxconn women workers, near Chennai of India
18 August 2024, 06:03 AM

Power dominates Bangladesh’s imports from India

Bangladesh imported electricity worth $1 billion from Adani Power in fiscal year 2023-24, which was 9.3 percent of the country’s $11 billion-worth imports from India that year, according to a media report..That means, Bangladesh’s imports of electricity from India have practically doubled
17 August 2024, 18:00 PM

Average daily turnover in stocks rises 53%

Average daily turnover at the Dhaka Stock Exchange (DSE) was 53.57 percent higher last week compared to that in the preceding week as cautious investors opted to sell off their shares to make short-term profits..The weekly data of the country’s premier bourse showed that the participation
17 August 2024, 16:07 PM