Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.

Black money worth Tk 88.6 lakh crore has been originated from Bangladesh in the last four decades, Bangladesh Economic Association (BEA) President Prof Abul Barkat said today.

The global economic outlook is improving as vaccine rollouts allow businesses to resume operations and as the United States pumps trillions of dollars into the world’s largest economy, the OECD said on Monday, nudging its forecasts higher.

Cryptocurrency Ethereum extended gains to rise more than 8 per cent on Monday to $2,587 but remained 40 per cent below a record high of above $4,300 hit earlier this month.

Intel Corp’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

About 20 Japanese companies, including electronic component maker Ibiden Co, will work with Taiwan Semiconductor Manufacturing Co (TSMC) to develop chip manufacturing technology in Japan, the Nikkei newspaper reported.

The final phase of the auction for Bangladesh Bank’s Tk 4,000 crore sukuk bond is going to be held on June 9.

The price of liquefied natural gas (LPG) has decreased for the second time in two months thanks to lower prices in the international market.

The cabinet yesterday approved in principle the draft of Finance Company Bill, 2021, keeping a provision of imposing a fine of Tk 1 crore as the maximum administrative punishment for violation of the law.

Thanks to a hike in cement prices, all the cement manufacturers witnessed higher profits in the January-March quarter of the current year.

Revenue collection surged 116 per cent year-on-year to Tk 19,326 crore in April, the highest monthly growth in the current fiscal year, which has seen lower tax receipts because of the economic slowdown.

The government should align its upcoming budget with the Eighth Five-Year Plan and make special allocations to create jobs to reach its goals on youth development, speakers said at a webinar yesterday.

Garment export might make a full recovery to pre-pandemic levels by October this year as shipments are rebounding with the reopening of Western retail stores, said the BGMEA president yesterday.

The price of computers and IT accessories has shot up 20 per cent in the last 14 months as pandemic-induced restrictions prompted educational institutions and businesses to heighten focus on home-based schooling and work.

Centre for Policy Dialogue yesterday said the slow implementation of development programmes and depressed private investment were concerning for the economy still recovering from the pandemic fallout.

Qatar Petroleum (QP) has hired international banks for a multi-billion dollar debut public bond sale by the end of June, two sources said, as lower oil and gas prices prompt Gulf energy firms to raise cash.

US-Bangla Airlines and Novoair will resume flights on Dhaka-Cox’s Bazar route today after suspension of operations for around two months following the outbreak of the second wave of Covid-19.

The Centre for Policy Dialogue (CPD) has raised concern over the institutional weaknesses and the country’s inability to implement reform agenda at present.

The benchmark index of the Dhaka Stock Exchange fell today after experiencing ups and downs the whole day.

A full recovery in garment export may take place by October this year, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).