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

$600m loans from EDF turn sour

Loans amounting to nearly $600 million, or Tk 7,000 crore, disbursed from the Export Development Fund (EDF), which was formed based on the country’s foreign exchange reserves, have been defaulted, according to a Bangladesh Bank (BB) document.
13 August 2024, 18:00 PM

Masrur Reaz made BSEC chairman

Economist and public policy expert M Masrur Reaz was appointed chairman of the Bangladesh Securities and Exchange Commission (BSEC) for the next four years.
13 August 2024, 18:00 PM

ADP spending in FY24 almost as low as pandemic period

The government could implement 81 percent of the annual development programme (ADP) in fiscal year (FY) 2023-24, which is nearly the same implementation rate seen during the Covid-19 pandemic.
13 August 2024, 18:00 PM

BB cuts special liquidity support for nine banks

The Bangladesh Bank reduced the special liquidity support extended to nine lenders, including five Shariah-based banks, despite the absence of a governor.
13 August 2024, 18:00 PM

Moody’s and S&P doubt Boeing will hit production targets

Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as it ramps up its strongest-selling plane.
13 August 2024, 18:00 PM

IEA trims oil demand outlook

The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact of a weakened Chinese economy on consumption.
13 August 2024, 18:00 PM

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

Banks asked to freeze accounts of Asaduzzaman Khan Kamal, family members

The BFIU asked to freeze the accounts after getting reports about suspicious transactions in their names
13 August 2024, 12:59 PM

What you need to know about internet crackdown in Bangladesh

The Daily Star presents the whole situation on a chronological order
13 August 2024, 12:43 PM

Shayan F Rahman lost directorship at IFIC Bank due to loan default

Shayan Fazlur Rahman, the son of Salman F Rahman, lost his directorship at the IFIC Bank due to loan defaults
13 August 2024, 12:38 PM

Banks asked to freeze accounts of Palak, his wife

The Bangladesh Financial Intelligence Unit (BFIU) has instructed all banks to freeze the accounts of Zunaid Ahmed Palak, former state minister for posts, telecommunications and information technology, and his wife Arifa Jesmin Konika
13 August 2024, 12:01 PM

Data centre fire had no connection with internet shutdown: probe report

The internet shutdown during the recent protests, which led to the fall of the Sheikh Hasina government, was directed by Bangladesh Telecommunication Regulatory Commission (BTRC)
13 August 2024, 11:12 AM

M Masrur Reaz, new BSEC chairman

He will be in the post for the next four years
13 August 2024, 10:54 AM

Ahsan H Mansur likely to be next Bangladesh Bank governor

He will be the 13th governor of the central bank
13 August 2024, 09:06 AM

$600 million taken in loans from Export Development Fund defaulted

Dhaka-based firms defaulted most of the amount at $558.7 million and Chattogram-based ones $29.7 million
13 August 2024, 08:26 AM

Committee formed to find BB deputy governors

The interim government has formed a three-member search committee to find appropriate candidates for deputy governors of Bangladesh Bank (BB).
12 August 2024, 18:00 PM

Khairul, Shibli commissions ruined market

The stock market was ruined over the last 14 years during Prof M Khairul Hossain and Prof Shibli Rubayat-ul Islam’s tenures at the helm of the securities regulator as they engaged in unprofessional and illegal activities, according to the DSE Brokers Association of Bangladesh (DBA).
12 August 2024, 18:00 PM

Bangladesh’s credit rating depends on political stability: Moody’s

Bangladesh’s credit rating will depend on maintaining political stability and the interim government committing to structural reforms, said US ratings agency Moody’s.
12 August 2024, 18:00 PM

Several banks are clinically dead: CPD

Several banks in Bangladesh are clinically dead but are being kept alive through bailouts, said Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD).
12 August 2024, 18:00 PM