Business

Dhaka Stock Exchange (DSE) has suspended share trading of five Islamic banks that are in the process of merging. The five banks are First Security Islami Bank, Social Islami Bank (SIBL), Exim Bank, Global Islami Bank and Union Bank, according to a DSE notice on Thursday. The country’s two stock exchanges informed the matter to investors this morning. The suspension ...

India’s Adani Power said on Monday it has opted for an international arbitration process to resolve disputes over Bangladesh’s power supply payments. The company led by Indian billionaire Gautam Adani has been at loggerheads with Bangladesh Power Development Board over pending payments for the electricity it supplies as part of a pact that both sides had signed in 2017, reports ...

Inflow of remittances witnessed 15.5 percent (pc) growth, reaching US$10,368 million during the period from July 1 to November 2, 2025, which was $8,980 million during the same period of the previous fiscal year. According to the latest data of Bangladesh Bank (BB) issued on Monday, during the first two days of November 2025, expatriates sent remittances of $219 million, ...

Bangladesh Energy Regulatory Commission (BERC) has announced a Tk 26 reduction in the price of a 12-kg LPG cylinder for Nobvemer 2025. Effective from 6 PM on November 2, the new price of a 12-kg cylinder is Tk 1,215, down from Tk 1,241 in October. BERC Chairman Jalal Ahmed said the price adjustment aligns with ARAMCO international LPG price for ...

The Bangladesh Investment Development Authority (BIDA), the government’s apex investment promotion agency, has announced a significant internal restructuring to better align its operations with the investor lifecycle, aiming to make Bangladesh a more competitive investment destination. The reform is part of the broader 32-point investment climate agenda, which seeks to attract both foreign and domestic investment through more efficient, transparent, ...

The pound headed for its worst performance against the dollar since July on Friday, while also wallowing at 2-1/2-year lows against the euro, reflecting growing investor nervousness about the outlook for UK government finances. Sterling GBP, which has fallen 2.3 percent in October, set for its biggest monthly decline since July and the second-largest this year, was down another 0.11 ...

A baker is fighting Newham Council’s order to stop running her business from her home. Fatima Yusuf says she has been running her cake business, The Bakeress, since 2010 from her home kitchen in Claremont Road, Forest Gate, where she lives with her mum. But now the council has ordered her to stop as she doesn’t have planning permission. Fatima ...

Remittance inflows to Bangladesh have exceeded $10 billion during the first four months (July–October) of the 2025-26 fiscal year, marking a 14.5 percent increase compared to the same period last year. Bangladesh Bank Assistant Spokesperson Shahriar Siddiqui said the inflow crossed the $10 billion mark within the first 29 days of October. During this period last fiscal year, remittance totaled ...

Demand for gold hit a record high in the third quarter as the the precious metal’s price hit all-time highs on geopolitical unrest, industry data showed Thursday. Total demand grew three percent year-on-year in the July-September period to 1,313 tonnes, the World Gold Council said, as the metal perceived as a safe haven investment benefitted from the Russia-Ukraine war and ...

Microsoft and OpenAI announced Tuesday a major overhaul of their AI partnership, giving both companies greater independence while maintaining close collaboration. Under the new arrangement, Microsoft will hold roughly 27 percent of the restructured OpenAI, an investment valued at around $135 billion, as OpenAI transitions to a public benefit corporation structure. OpenAI has also committed to purchasing $250 billion in ...