The regulatory duty on cotton import may be restored to prevent the massive import and dumping of cotton and enable farmers to receive a global parity price, a meeting on budget proposals for agriculture in Pakistan recently suggested, while expressing reservations over the fertilizer price hike in the last two years...
Nike, Adidas and 171 other footwear companies recently wrote a letter to President Donald Trump urging him to reconsider his tariffs on shoes made in China, saying the policy would be ‘catastrophic for our consumers, our companies and the American economy as a whole’. It was also...
Bangladesh gained two new billion-dollar export markets—India and Poland—in fiscal 2018-19 in addition to the existing nine. Export earnings from the two nations topped $1 billion in the first 10 months of the current fiscal, with the figure for India being $1.07 billion, 52.98 per cent higher...
The German embassy in Bangladesh will work closely to promote Bangladesh’s readymade garments (RMG) industry among its government, buyers and other stakeholders as it sees the possibility of a transparent and accountable dialogue, ambassador Peter Fahrenholtz recently told president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...
ভারতের অর্থনীতি বেশ চাঙ্গা হবে, যদি নির্বাচনী প্রতিশ্রুতি অনুযায়ী অর্থ বিনিয়োগ করেন দ্বিতীয় মেয়াদে প্রধানমন্ত্রী নির্বাচিত হতে যাওয়া নরেন্দ্র মোদি। ম্যানুফ্যাকচারিং খাত চাঙ্গা করা এবং রফতানি দ্বিগুণ করতে সড়ক, রেলপথ ও অন্যান্য অবকাঠামো নির্মাণ এবং কৃষকদের হাতে নগদ অর্থসহায়তা হিসেবে ১ দশমিক ৪৪ ট্রিলিয়ন ডলার বিনিয়োগের প্রতিশ্রুতি...
An Ethiopian delegation led by state minister for trade and industry Teka Gebreyesus Entehabu recently visited the BEXIMCO Industrial Park in Dhaka to see large-scale vertical operations. The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, also discussed its plans to set up...
India is expected to regain the top-producer status in 2019-20 season, surpassing China, which became the leading cotton producer in 2018-19, according to the US department of agriculture (USDA). India’s cotton production during the season is forecast to increase by 3-million-bales to 28.5 million bales, while China...
Bangladesh’s Commerce Minister Tipu Munshi today requested his Indian counterpart Suresh Prabhu to take necessary measures to withdraw anti-dumping duty on Bangladeshi products as they met on the sidelines of WTO ministerial meeting in India's New Delhi. “He (Munshi) urged his counterpart to lift the anti-dumping duties...
The US-China trade war that has raged for the past year could cause a disastrous $US600 billion blow to the global economy. That’s the grim assessment of the Organization for Economic Co-operation and Development (OECD), which warned a further escalation of the crisis could impact a world economy already weakened by sluggish...
The restrictions would limit Hikvision’s ability to buy U.S. technology and American companies may have to obtain government approval to supply components to the Chinese firm, the New York Times reported on Tuesday. The United States stuck Huawei Technologies on a trade blacklist last week, effectively banning U.S. firms from doing...