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

EU 'fully committed' to reaching US trade deal: commissioner

The contacts come after US President Donald Trump threatened Friday, but then postponed, to hit EU goods with a huge tariff, voicing frustration that talks with the EU were "going nowhere".
27 May 2025, 05:58 AM

Dearness allowance could fuel inflation: CPD

Citing media reports, she said the move is expected to increase public expenditure by nearly Tk 7,000 crore
27 May 2025, 05:22 AM

20 NBFIs may lose licence

BB recently sent letters to these institutions, asking them to explain why their licences should not be cancelled
27 May 2025, 02:55 AM

Developing nations face 'tidal wave' of China debt: report

"Now, and for the rest of this decade, China will be more debt collector than banker to the developing world"
27 May 2025, 02:32 AM

Bangladesh can earn $1b a year from carbon market: analysts

The information was revealed at a discussion on carbon financing organised by LightCastle Partners
26 May 2025, 18:21 PM

BB bars 18 banks from dividend payouts

Despite repeated appeals from bank directors and top executives over the past month, the central bank held firm.
26 May 2025, 18:00 PM

Exporters of India’s northeast can use Ctg port

Planning Adviser Wahiduddin Mahmud yesterday said exporters from India’s northeastern states can use the Chattogram port, but it would be better if they process their goods in Bangladesh and export those through the port.
26 May 2025, 18:00 PM

Govt expects gross reserves to reach $34b by June next year

The interim government expects the country’s gross foreign exchange reserves to rise to $34.4 billion by the end of the fiscal year (FY) 2025–26, buoyed by strong remittance inflows, export performance, and budgetary support from development partners.
26 May 2025, 18:00 PM

RMG exports may drop $2b this year

Bangladesh’s RMG exports may suffer this calendar year owing to an increase in tariffs in the US, the possibility of a reduction in shipments to India, and energy shortages, according to a forecast by Bloomberg Economics.
26 May 2025, 18:00 PM

VAT on plastics may double, eco-friendly products may get waiver

In a bid to discourage the use of plastic, the interim government may double the value-added tax (VAT) on some synthetic household products such as tableware and kitchenware to 15 percent.
26 May 2025, 18:00 PM

Floating taka a bold move with high stakes

Bangladesh has taken a long-awaited and consequential step by officially floating the taka. This marks the end of a tightly managed exchange rate regime that, for years, concealed deeper imbalances in the economy. While partly driven by necessity, dwindling foreign reserves and IMF-mandated reforms, it also presents a rare opportunity to reset the country’s macroeconomic fundamentals.
26 May 2025, 18:00 PM

Vietnamese airline to buy 20 Airbus A330s

Vietnamese airline Vietjet Air said Monday it will buy 20 widebody Airbus A330-900 planes, doubling its order from the aviation giant in a deal worth an estimated $8 billion.
26 May 2025, 18:00 PM

Trump delays EU tariffs until July 9

US President Donald Trump said on Sunday that he would pause his threatened 50-percent tariffs on the European Union until July 9, after a “very nice call” with European Commision president Ursula von der Leyen.
26 May 2025, 18:00 PM

Global central banks talk harsh new economic realities in Tokyo

It’s Japan’s version of the Fed’s Jackson Hole symposium, without the trail hikes or views, and this year’s gathering of global central bankers in Tokyo will focus on two uncomfortable realities: flagging economic growth and sticky inflation.
26 May 2025, 18:00 PM

Desco to issue 23.81 lakh preference shares

Dhaka Electric Supply Company Ltd (Desco) has received regulatory approval to issue over 23.81 lakh irredeemable non-cumulative preference shares in favour of the government.
26 May 2025, 18:00 PM

Ctg port gridlocked as NBR protests cause pile-up

Although the National Board of Revenue (NBR) resumed regular operations yesterday after nearly two weeks of protests and work abstentions, ship and container congestion has once again gripped the Chattogram Port, triggering concern among businesses over potential delays in cargo handling and increased logistics costs.
26 May 2025, 18:00 PM

Evidence-based policy key to sustainable growth

Evidence-based policymaking and timely impact evaluations are essential to ensure development efforts lead to real progress, Nobel laureate economist Abhijit Banerjee said yesterday..“Evidence is not costly. Relative to the scale of many government programmes, it's actually quite cheap,” s
26 May 2025, 16:10 PM

Building dreams without breaking the planet

Can we industrialize without destroying ourselves? Or will the future generation look back at our actions and ask, “Our ancestors built the economy but destroyed the land that fed it?”
26 May 2025, 13:04 PM

Reforming the telecom licensing policy: loose ends that need tightening

The proposed Telecommunication Network & Licensing Regime Reform Policy 2025 includes several forward-thinking provisions but also contains critical ambiguities
26 May 2025, 11:31 AM

Stocks fall for fourth consecutive day 

The DSEX lost 16.95 points to close at 4,719.38
26 May 2025, 10:09 AM