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

31 listed banks see a surge in interest income

Banks listed in the stock market logged Tk 2,700 crore higher interest income in the first half of this calendar year as lending rates rose after Bangladesh Bank eased its grip on the sector.
1 August 2024, 18:00 PM

E-commerce sector lost Tk 1,700 crore for internet shutdown, violence: e-CAB

The association seeks government assistance, places a set of demands
1 August 2024, 12:58 PM

Forex reserves decline by $1.3 billion in a month

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
1 August 2024, 12:37 PM

Remittance falls 3.2% in July

Banks could not receive any remittance in the five days of countrywide internet blackout this month
1 August 2024, 11:43 AM

How Africa’s ‘ticket’ to prosperity fueled a debt bomb

Credit ratings were meant to help sub-Saharan countries tap global investors to fund much-needed development. But low scores, heavy borrowing and bad luck have left many struggling with crushing bond debt.
1 August 2024, 11:03 AM

Fed's Powell puts September rate cut on table as US inflation cools

The Fed ended its latest two-day policy meeting with a decision to hold its benchmark interest rate steady in the 5.25%-5.50% range
1 August 2024, 09:42 AM

Oil price rises

Oil prices climbed on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand.
31 July 2024, 18:00 PM

Reconnecting Summit’s LNG terminal to take more time

Reconnecting a liquefied natural gas (LNG) terminal, damaged during Cyclone Remal, to the national grid is set to be further delayed as fresh repairs are needed to mechanisms used to keep it docked. 
31 July 2024, 18:00 PM

Samsung shows fastest growth in over a decade

Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand for generative AI continues to grow.
31 July 2024, 18:00 PM

USD turns 5% costlier in 2 weeks

The price of each US dollar has gone up by around 5 percent in the kerb market over the past two weeks amidst volatility in the foreign exchange market triggered by the recent violence stemming from the quota reform movement.
31 July 2024, 18:00 PM

Multinationals’ profits drop for lower sales, higher costs

Most listed multinational companies in Bangladesh witnessed lower profits in the April-June quarter this year as sales dropped due to the erosion of people’s purchasing power amid runaway inflation.
31 July 2024, 18:00 PM

IT firms suffer low productivity amid slow internet

Although broadband and mobile internet is again available in the country, most software, IT service and business process outsourcing (BPO) companies are experiencing significant productivity losses due to insufficient internet speeds.
31 July 2024, 18:00 PM

Islami Bank's profit rises 7% in second quarter

Islami Bank Bangladesh has reported a 7.2 percent increase in profit for the April-June quarter of 2024..The profit amounted to Tk 307 crore whereas it was Tk 286.22 crore in the same period last year..For the first half of the year, the bank's profit rose to Tk 356.92 crore from Tk
31 July 2024, 16:16 PM

National Bank sees no end to losses

The bank’s half yearly loss soared 71% year-on-year
31 July 2024, 13:54 PM

Oil rebounds after Hamas leader killed in Iran, but China caps gains

Oil prices climbed more than $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand
31 July 2024, 13:34 PM

Govt waives seven-day demurrage for importers

The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit
31 July 2024, 13:17 PM

Rebooting the economy

The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
31 July 2024, 11:18 AM

Matiur Rahman takes ‘early retirement’ after corruption allegations

The Anti-Corruption Commission investigates the sources of his wealth
31 July 2024, 08:38 AM

Marico’s profit jumps 30% in April-June quarter

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
31 July 2024, 04:46 AM

1,320MW coal power plant in Patuakhali to fire up in October

A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th
30 July 2024, 18:00 PM