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

Budget leaves regressive tax system unchanged

The national budget for the coming year shows no clear shift in tax policy, as the system continues to depend heavily on indirect and trade taxes, according to economist Zaidi Sattar.
23 June 2025, 18:00 PM

NBR officials announce nationwide shutdown from Saturday

Officials of the National Board of Revenue (NBR) have threatened an indefinite nationwide shutdown from Saturday unless the NBR chairman is removed and recent transfer orders for revenue officials are revoked.
23 June 2025, 18:00 PM

Oil prices seesaw

Oil prices wobbled and stock markets wavered Monday as traders awaited Tehran’s response to US strikes on Iranian nuclear facilities over the weekend.
23 June 2025, 18:00 PM

5 Chinese cities rise as international centers for consumption

China targets 5 cities as global consumption hubs, boosting domestic spending
23 June 2025, 13:11 PM

Iran-Israel conflict's impact on Bangladesh limited until now: BRAC EPL

The local brokerage house analysed seven global events to assess their impacts on Bangladesh’s stock market
23 June 2025, 12:16 PM

Robi appoints new CEO

Ziad Shatara, former Banglalink CEO, appointed Robi Axiata MD and CEO effective September 1
23 June 2025, 11:38 AM

Bangladesh signs $400m budget support deal with AIIB 

Government secures $400 million AIIB loan for climate resilient inclusive development program
23 June 2025, 11:13 AM

Eurozone business activity almost flat again in June

The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 50.2, the same pace of growth registered in May.
23 June 2025, 09:35 AM

In shrouds, NBR officials begin pen-down strike

The officials, wrapped in white shrouds, say their symbolic protest is aimed at drawing attention to their grievances.
23 June 2025, 06:03 AM

Scope for whitening black money goes

The interim government has finally scrapped the controversial provision allowing the legalisation of undisclosed income through the purchase of apartments and land in the upcoming fiscal year.
22 June 2025, 18:12 PM

No cut in corporate tax for non-listed firms

The interim government has kept the corporate tax rate for non-listed firms unchanged at 27.5 percent for fiscal year 2025-26, despite repeated demands from entrepreneurs and business chambers to reduce the tax, especially for those transacting through banking channels.
22 June 2025, 18:00 PM

Ministry opts to hand over New Mooring Container Terminal to CPA

The authorities have decided in principle to let the Chittagong Port Authority (CPA) take charge of the New Mooring Container Terminal (NCT) for six months amid opposition from major political parties to appointing a foreign operator.
22 June 2025, 18:00 PM

Stocks drop 1.6% amid global tensions

The stock market in Bangladesh plunged by over 1.6 percent yesterday, mainly due to investor apprehensions over news of the US joining Israel in bombing Iran.
22 June 2025, 18:00 PM

Salehuddin defends budget, says a ‘highway is born out of an old road’

Finance Adviser Salehuddin Ahmed has defended the interim government’s conservative budget strategy, pushing back against economists’ criticism that it follows an “old road”.
22 June 2025, 18:00 PM

Deep uncertainty stalls businesses

The country’s business climate is weighed down by a deep shadow of uncertainty, economist Hossain Zillur Rahman said yesterday, warning that the stagnation is slowing economic progress.
22 June 2025, 18:00 PM

South Korea counts on shipbuilding to ease US tariff woes

Asia’s fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip.
22 June 2025, 18:00 PM

Why local garment industry must go nano

The rhythmic clatter of sewing machines may still define Bangladesh’s garment factories, but in the near future, that familiar sound could fade beneath the shimmer of self-cleaning fabrics and the quiet of nanotechnology at work.
22 June 2025, 18:00 PM

Investors brace for oil price spike, rush to havens

A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.
22 June 2025, 18:00 PM

China may win more than EU from auto tariff truce

A détente in the electric vehicle tariff war may suit China more than Europe. Brussels and Beijing are haggling over a way for Chinese manufacturers to sell battery rides tariff-free, but at a minimum price. Embracing such a system would be a risky move.
22 June 2025, 18:00 PM

BPO industry slowly embracing AI

The business process outsourcing (BPO) industry in Bangladesh, once known solely for voice-based customer service and back-office support, is cautiously but steadily embracing artificial intelligence (AI) to stay relevant in an evolving global market...This shift was evident at the r
22 June 2025, 16:32 PM