Japan’s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a better-than-expected 47 per cent rise in full-year net profit, after last year’s earnings were hit by an impairment charge on its units in Southeast Asia.

The government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development budget for the upcoming fiscal year.

Next Digital Ltd shares were suspended on Monday after authorities froze assets of its jailed owner Jimmy Lai under a new national security law in Hong Kong, while the tycoon pleaded guilty to taking part in an illegal protest in October 2019.

Microsoft conducted a probe into co-founder Bill Gates’ involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person, the company said on Monday.

The European Union has agreed a partial truce with the United States in a dispute over US metals tariffs imposed by former president Donald Trump as the two sides start discussions on addressing global overcapacity in steel and aluminium.

When the coronavirus pandemic hit the world early last year, the airline industry was among the first sectors that felt the crisis’s impacts as almost every country closed doors to protect itself from the raging pathogen.

The National Board of Revenue (NBR) yesterday asked its field offices to stay open in order to provide services and collect taxes during the extended period of strict restrictions imposed by the government to curb the spread of Covid-19.

The country cannot reach a double digit ranking on the World Bank’s ease of doing business index without the proper implementation of policy and regulatory reforms, according to the Bangladesh Investment Development Authority (Bida).

The finance ministry has asked ministries and divisions to take more austerity measures and ensure transparency during public procurement as the government has placed utmost priority in health, social safety net and economic management to tackle the coronavirus pandemic.

Local jewellers can now import unrefined precious metals, gemstones and ores under the revised draft of the Gold Policy-2018 approved by the government yesterday.

Bangladesh should embrace technologies to counter the impacts of the coronavirus pandemic and accelerate digital transformation to make the country a developed nation, experts said yesterday.

The National Board of Revenue will keep its tax offices open during the ongoing countrywide restrictions on movement.

The country’s per capita income has increased to USD 2,227 (Tk 188,873) from USD 2,064.

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 1,500 crore today for the first time in around four months thanks to the buying pressure from the investors.

Some 1.06 crore of mobile phone users left Dhaka until May 15 after the exodus began on May 4 despite strict restriction on movement to curb the spread of Covid-19 infections, according to data of Bangladesh Telecommunication Regulatory Commission (BTRC).

The production of Boro rice may decline by 1.5 per cent year-on-year to 1.90 crore tonnes in the current harvesting season because of the recent heatwave and pests attacks, according to the US Department of Agriculture (USDA).

Less than 3 per cent of the roughly 30m small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan, according to a new analysis by the White House on Friday.

German Chancellor Angela Merkel on Saturday rejected demands to bring forward an exit date for ending coal generation in Germany, currently set at 2038.

The US economic recovery showed signs of hitting some turbulence as shoppers curbed their spending last month and manufacturing slowed due to supply bottlenecks.

As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it, cryptocurrency entrepreneurs in the United States believe they have found a solution in flared natural gas.