Bangladeshi bakery Shumi’s Hot Cake cheats customers

Shumi’s Hot Cake, a local cakemaker in Bangladesh has expanded with 26 sales outlets across the country, including the capital city, and the factory-made products are supplied through these outlets

How billionaires hide trillions by giving millions

The book, subtitled “How billionaires pay millions to hide trillions,” offers insiders’ accounts of what’s described as the “wealth defense industry” — made up of a coalition of professionals from

Saudi Arabia set to invest US$1 billion in Africa

Saudi Arabia will support African countries with investments and loans worth about $1 billion this year to help their economies recover from the COVID-19 pandemic Crown Prince Mohammad Bin Salman

Skyrocketing inflation breaks 12-year record in the US

United States is witnessing a skyrocketing inflation that already broke the record of past 12 years. Writes Art Moore “Should Americans be worried about inflation, sir?” That was a question

US tax plan overhaul has bad news for tax evaders

The Biden administration says that investing $80 billion to beef up IRS enforcement will pay for itself by recouping a projected $700 billion over the next decade. According to analysts,

Made in Bangladesh car hits market

A local company in Bangladesh has successfully, for the first time, built seven-seater vehicle, which will hit the market soon. The manufacturers ‘Bangla Cars Limited’ launches its first fleet of

Saudi Arabia launches wage subsidy program

The Ministry of Human Resources and Social Development and Ministry of Industry and Mineral Resources of Saudi Arabia announced on Thursday the launch of a wage support program to stimulate

Saudi Aramco signs US$ 12.4 billion contract with EIG

In one of the world’s largest infrastructure transactions, Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG) to optimize its assets through a lease-and-lease-back

Number of Japanese firms on increase in Bangladesh

The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country.

Saudi energy minister places suggestions at OPEC meeting

Saudi Arabia’s Minister of Energy Prince Abdulaziz Bin Salman called for caution as he opened an OPEC meeting on Thursday. He warned all oil producers that crude’s recovery was “far