He tried to make a living by venturing into seasonal crops, grocery shop and cattle farming after returning from Kuwait in 2007. But all of Mofijur Rahman Mafi’s endeavours were in vain.

A record number of chief executives believe that global economic growth will improve in 2021, reflecting a significant rebound in optimism compared to the previous year, according to a recent survey by PwC.

The shipping cost for exports to India through Bangladesh’s waterways will decline by 30 per cent compared to road transport, boosting bilateral trade in the process, according to experts.

Total yesterday faced calls from rights groups to suspend payments on operations in Myanmar following a coup, after the oil group said it was worried about the situation while also highlighting the importance of its business there.

The Business Initiative Leading Development (BUILD) has urged the tax authorities to cut corporate tax and simplify the tax payment procedures to help the economy recover from the pandemic losses.

Nigerian inflation hit a four-year peak in February as food prices jumped more than 20%, heaping financial pressure on households already faced with a shrinking labour market and a stagnant economy at a time of mounting insecurity.

Many garment factories that disbursed wages to workers digitally at the height of the pandemic in Bangladesh are gradually returning to cash payments although electronic transfers provide a lot of benefits, said speakers yesterday.

Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector accelerates efforts to go green.

Within a year of stepping into container feeder vessels operation between Chattogram and two regional hub ports, Karnaphuli Ltd is going to buy four more ships to expand its footprint in the region.

Brac has recently signed a partnership agreement with six local peers for improving economic conditions at the grassroots.

An “in-house feasibility study” of Dhaka Power Distribution Company (DPDC) has come to the fore for all the wrong reasons, having cost a project an excess Tk 629 crore and four years’ delay.

Huawei Chief Financial Officer Meng Wanzhou’s legal team sought to admit more evidence contesting the US government’s account of her fraud case in a Canadian court on Monday, promising it was the final attempt days after the judge threw out similar evidence.

Protests by townspeople outside South Korean steelmaker Posco’s plant in western India will be called off because the company has agreed to meet some demands, paving the way for Posco to resume shipments to automakers, a local politician leading the agitation told Reuters on Monday.

A cautious tone dominated currency markets yesterday, before the start of the US Federal Reserve’s two-day monetary policy meeting.

Optimism over the economic recovery helped push Asian markets higher yesterday following another record on Wall Street, with focus on the Federal Reserve’s much-anticipated policy meeting this week.

Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring.

The Japan International Cooperation Agency (Jica) and Bangladesh Economic Zones Authority (Beza) have teamed up for a survey to assess the feasibility of an ocean front economic zone development project inside Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN).

Bangladesh Bank is going to allow banks and non-bank financial institutions (NBFIs) to provide higher dividends to shareholders than what their respective ceilings were set at.

The VAT Intelligence yesterday field a case against Charuta Private, a construction and interior decoration firm, on allegation of evading paying Tk 30 crore in VAT, said the National Board of Revenue’s (NBR) field office yesterday.

Bangladesh will send food items to India for the first time through waterways today with the maiden shipment of 25,000 cartons of litchi drinks of local conglomerate Pran.