Business

Australian prime minister Scott Morrison on Wednesday warned that "collateral damage" from trade spats between China and the United States were hurting smaller countries and threatening the global economy. In an usually public warning to allies in Washington, Morrison said the "world's most important bilateral relationship --...

Trading and services sectors provided robust impetus to the overall credit offtake from the commercial banks in May this year, according to the Qatar Central Bank figures. Qatar’s commercial banks’ total loan portfolio expanded about 6% year-on-year to QR955.73bn in May 2019, said the figures released by...

Tata Group's retail arm Trent Ltd is planning to raise up to ₹1,550 crore ($222.9 million) during the current fiscal to fund its expansion plans in India. About ₹950 crore will be raised from issuance of shares to promoter Tata Sons on a preferential basis, while the...

Master plan submitted to the Department of Trade and Industry (DTI) in South Africa aims to revive the country’s ailing apparel and textile industry, which had shed between 140,000 to 160,000 jobs in recent years. Job losses, however, have stabilised over the last decade. The plan aims...

Pakistan has to pay Rs 200 billion as pending textile sector refunds, according to Zubair Motiwalla, chairman counsel of All Pakistan Textile Association, who recently briefed the senate standing committee on finance, revenue and economic affairs. He said kids’ fabrics are being imported from abroad and smuggling and under-invoicing should be...

The India International Textile Machinery Exhibition Society (India ITME Society) organised a networking programme at Barcelona, Spain, along with ITMA 2019 on June 22, 2019.  ITMA is being held from June 20-26, 2019. The programme was held to highlight the strengths and opportunities offered by India, home...

India’s cotton import in the current season—October 2018 to September 2019—is likely to be 22 lakh bales, 7 lakh bales more compared to the previous season’s figures. The Cotton Advisory Board (CAB) recently estimated this season’s provisional cotton production to be 337 lakh bales of 170 kg...

Platforms of internet giant like Facebook, Google and You Tube are being brought under VAT law with effect from July 1. To impose tax on advertisement given in these platforms the government has taken the initiatives. Concerned said, as a result such types...

দেশেই বিশ্বমানের মোটরসাইকেল তৈরি করে ২০২৭ সালের মধ্যে এ খাতে ১৫ লাখ কর্মসংস্থান সৃষ্টির লক্ষ্য ঠিক করে একটি নীতিমালায় অনুমোদন দিয়েছে সরকার। প্রধানমন্ত্রী শেখ হাসিনার সভাপতিত্বে আজ সোমবার তার কার্যালয়ে ‘মোটর সাইকেল শিল্প উন্নয়ন নীতিমালা, ২০১৮’ এর খসড়ার অনুমোদন দেওয়া হয়। মন্ত্রিপরিষদ সচিব মোহাম্মদ...

পাট চাষীদের সহায়তা করতে ৩০০ কোটি টাকার একটি তহবিল গঠন করেছে বাংলাদেশ ব্যাংক- যারা সরাসরি কৃষকদের কাছ থেকে পাট কিনবেন, সেসব ব্যবসায়ী এই তহবিল থেকে ৮ শতাংশ সুদে ঋণ পাবেন। ৬ মাস পর পর ঋণের সুদাসলসহ একটি অংশ পরিশোধ করতে হবে। এ বিষয়ে...