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

Stocks rebound from two-day slump

Stocks in Bangladesh bounced back yesterday following two days of sharp decline as vigilant investors opted for fresh bets on lucrative blue-chip and large cap shares amid the price fluctuation.
14 August 2024, 18:00 PM

No respite for China as economy shows new signs of weakness

A recent string of dismal indicators have dulled expectations for China’s economic performance in July, in an ominous sign for the rest of 2024 and pointing to the need for more stimulus measures beyond plastering over pain points in the world’s second-largest economy.
14 August 2024, 18:00 PM

Long-haul bus operators still in a tight corner

Although long-haul bus services in Bangladesh resumed five days ago, the number of passengers is still low as people are avoiding travel due to security concerns, according to industry insiders.
14 August 2024, 18:00 PM

Power supply to Bangladesh to be unaffected, Adani says

The recent amendment to India’s Power Export Guidelines will not affect the existing power purchase agreement (PPA) between Adani Power and Bangladesh Power Development Board (BPDB), said Adani Group yesterday. 
14 August 2024, 18:00 PM

Banking sector near top of risk scale: S&P

S&P Global Ratings, an American credit rating agency, placed Bangladesh’s banking sector near the top of its risk scale, assigning the nation a score of 9 out of 10 on its ‘Banking Industry Country Risk Assessment’ scale, with 10 representing the weakest ranking.
14 August 2024, 18:00 PM

Inflation will go down

Salehuddin Ahmed, finance and planning adviser to the interim government, yesterday said inflation in Bangladesh will go down within a reasonable amount of time.
14 August 2024, 18:00 PM

Abdur Rahman made NBR chairman

The government yesterday appointed Abdur Rahman Khan, secretary to Financial Institutions Division (FID), as chairman of the National Board of Revenue (NBR) by cancelling the contractual appointment of Abu Hena Md Rahmatul Muneem. 
14 August 2024, 18:00 PM

Extortion, vandalism new threat

As law and order deteriorated following the fall of Sheikh Hasina-led government, trade and business establishments started to be targeted by extortionists and vandals, which is really reprehensible, said a top businessperson yesterday.
14 August 2024, 18:00 PM

Money launderers will get no peace

Newly appointed Bangladesh Bank Governor Ahsan H Mansur yesterday announced that he would initiate tough measures against money launderers with international support so that “they are unable to live in peace”.
14 August 2024, 18:00 PM

Crisis in banks deeper than anyone could imagine

Experts and businesspeople yesterday urged the newly formed interim government to adopt urgent measures to ensure good governance in the banking sector, saying that the crisis in financial institutions is much deeper than anyone could imagine.
14 August 2024, 18:00 PM

Breaking up Google an option being considered by US

The US Department of Justice is considering options that include breaking up Alphabet’s Google, a week after a judge ruled the tech giant illegally monopolized the online search market, Bloomberg News reported on Tuesday.
14 August 2024, 18:00 PM

Sonali Life staffers demand IDRA chief's resignation after directors faced fund embezzlement charges

Some 200 officials of Sonali Life Insurance Company, whose former chairman and family members were earlier found to have embezzled at least Tk 187.84 crore, staged a demonstration today bringing corruption allegations against the insurance regulator’s chairman and demanding his resignation
14 August 2024, 15:14 PM

Banks asked to freeze accounts of ex-law minister Anisul, his family

The Bangladesh Financial Intelligence Unit (BFIU) has instructed all banks to freeze accounts belonging to Anisul Huq, former minister for Law, Justice and Parliamentary Affairs, and five of his family members
14 August 2024, 14:34 PM

Japan’s Credit Saison injects $6.5m into ShopUp

ShopUp, a leading B2B commerce platform in Bangladesh, raised $6.5 million in debt capital funding from Saison Investment Management Private Ltd (SIMPL), a credit venture arm of Japan’s Credit Saison, to make it a fully local supply chain through technology..This strategic investment is a
14 August 2024, 14:16 PM

Won’t let money launderers sleep peacefully: BB governor

International support will be taken to bring them to book, says Ahsan H Mansur
14 August 2024, 12:40 PM

Abdur Rahman Khan made new NBR chairman

The government today appointed Abdur Rahman Khan as the chairman of the National Board of Revenue (NBR) by cancelling the contractual appointment of Abu Hena Md Rahmatul Muneem
14 August 2024, 12:16 PM

Hasina’s 15-year rule made banking sector fragile: ABB chairman

The condition is worse than what one can imagine, says Selim RF Hussain
14 August 2024, 11:34 AM

BTRC chairman resigns

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Md Mohiuddin Ahmed resigned from the post today
14 August 2024, 10:45 AM

Stocks fall for second day

Stock markets in Bangladesh extended their losing streak yesterday as skittish investors were on a selling spree to make short-term profits amid the sharp fluctuation of the share prices.
13 August 2024, 18:00 PM

Global EV sales jump riding on robust growth in China

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 percent in July, thanks to China’s strongest growth this year and despite dropping demand in Europe, market research firm Rho Motion said Monday.
13 August 2024, 18:00 PM