Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the cost of decommissioning an offshore field.

British consumers have resumed borrowing and house prices have jumped by the most in more than 16 years, surging by an annual 13.4 per cent, according to data that showed the economy bouncing back from its pandemic slump.

The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building new blast furnaces using coal that will become obsolete as the world cuts carbon emissions, a report said on Tuesday.

The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building new blast furnaces using coal that will become obsolete as the world cuts carbon emissions, a report said on Tuesday.

Hapag-Lloyd, a German container shipping company, has decided to suspend its booking of import containers bound for Bangladesh via Singapore for a month.

Turnover in the stock market dropped to its lowest position in two months yesterday due to the wait-and-see approach among investors amid the deteriorating pandemic situation.

Stocks of Prime Islami Life Insurance fluctuated abnormally in the last two months despite the firm’s auditor having said that its profits and assets for 2020 were overstated by Tk 218 crore.

Implementation of government development projects by ministries and divisions suffers years of delays as they, in most cases, are formulated without proper feasibility studies and technical designs.

Bangladesh’s foreign exchange reserve yesterday hit a record high of $46 billion thanks to the upward trend of remittance.

The parliament yesterday passed the finance bill for fiscal 2021-22 without addressing calls for reassessing some vital tax issues, including easing the burden on small incomes amidst rising prices of essentials and additional costs to maintain hygiene.

Bangladesh Association of Software and Information Services (BASIS) today recommended the escrow services should only be applied for the high-risk e-commerce merchants, not for the regular online platforms.

The country’s foreign exchange reserve has hit a new record of $46 billion due to the upward trend of remittance and lower import payments.

Black money holders get more time to whiten their undisclosed income through pouring in money in stocks as the parliament today passed the Finance Act 2021 by giving the unquestioned amnesty against such investment.

Some 468 tonnes of cotton yarn is being brought by a special parcel train for the first time from India’s Haryana State.

Turnover at the Dhaka Stock Exchange (DSE) fell sharply by around 14 per cent to Tk 1,148 crore today as investors adopted a wait-and-see policy a day before the beginning of the countrywide lockdown on July 1.

Bangladesh Bank today renewed the interim licence of Nagad for another three months.

Undisclosed income holders will get another year to whiten their black money under the Finance Act 2021 that got go-ahead in the parliament today.

World Bank signed a $300 million financing agreement with Bangladesh on June 27 to help about 750,000 poor and extreme poor in 20 districts come out of poverty and build resilience to the Covid-19 pandemic and any future shocks.

The Covid-19 pandemic has caused $17 billion damage to the country's economy since March last year, Prime Minister Sheikh Hasina told the parliament today.

The widespread use of digital platforms and social media has revolutionised the way we run our businesses. We are no longer confined to the age-old traditions of having brick-and-mortar stores. Instead, having a digital presence is seen as a must for any business to thrive.