Australia’s recent attempt to make Google and Facebook pay for news content is one of many considered ways to strike a balance in wealth generation between the creative and the tech sectors. The problem statement for that policy was simple: news organisations create unique content; search and social media use the content to invite advertisers to their platforms. As a result, ads get siphoned off from TV and news media to social media -- for every AU$ 100, $81 goes to Google and Facebook.

Bank Asia has recently witnessed the appointment of a new director.

China is seeing a strong recovery from the Covid-19 crisis but now should use its financial heft and shift its focus to boosting its own consumers, a top IMF official said Wednesday.

Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy.

Australia’s recent attempt to make Google and Facebook pay for news content is one of many considered ways to strike a balance in wealth generation between the creative and the tech sectors.

Telenor Group and Axiata Group Berhad are in advanced discussions about a potential merger of their Malaysian mobile operations Digi and Celcom, Telenor said today.

Pathao, a ride-sharing service provider, has submitted a letter to the Cabinet Division, urging the government to allow resumption of motorcycle ride-sharing services.

Amidst protests of shop owners and employees in different parts of the country, the government has decided to allow them to keep shops and shopping malls open for eight hours every day.

John Kerry, the special presidential envoy for climate of the United States, is coming to Dhaka tomorrow. Though his visit will be of short duration, it has long and important implications for Bangladesh’s effort to address the climate vulnerabilities and seek support for sustainable solutions at global levels.

Despite a bumper yield of watermelon in Barishal division, the top producer of the popular summer fruit, farmers and traders fear massive losses because of the new containment measures aimed at curbing the rise in coronavirus infections.

Bangladesh Securities and Exchange Commission (BSEC) has approved the country’s first green zero-coupon bond with the help of which Sajida Foundation will raise a fund of Tk 100 crore.

The National Board of Revenue (NBR) has rejected a plea of Dhaka Club for a waiver of Tk 33.7 crore in unpaid value-added tax (VAT) and supplementary duty (SD).

Dutch development bank FMO has invested $50 million in Brac to accelerate innovations that impact the lives of underserved and marginalised people.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday lifted the floor price for 66 listed companies as it moved to put an end to its efforts to stop shares from any freefall.

Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.

An acute gas crisis has continued to severely impact production in textile and garment factories not only in Narayanganj and Narsingdi but also in the country’s largest industrial belt of Gazipur and Maona.

Key contributors to the economy such as small and medium enterprises, farmers and lower-income professionals had gone through their worst-ever crisis because of the first wave of the coronavirus pandemic.

Cambodia started on Wednesday to vaccinate workers in its textile industry, concentrating on the $7 billion backbone of its economy to help jump-start a post-pandemic recovery.

South Korea’s two biggest electronics firms both forecast jumps of around 40 percent in their first-quarter operating profits Wednesday, with coronavirus-driven working from home fuelling global demand for semiconductors and home appliances.

The Indian rupee lost 1.5 per cent on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped out plans for a massive government bond buying programme.