The foreign portfolio investors (FPIs) infused a net amount of Rs 90.31 billion into the Indian capital markets in May, according to government data. The overseas investors pumped in the market on expectations of more business-friendly measures following the BJP's landslide victory in the general elections. Interestingly,...
Apple is set to court software savants at its annual developers conference beginning Monday while contending with criticism that the iPhone maker has made its App Store a walled garden. The App Store is the lone shop for content for Apple devices, with the technology giant deciding...
Some Chinese garment makers want to set up factories under joint venture in Bangladesh as they see the country as a competitive destination to relocate plants amid raging US-China trade war and the rising cost in the world’s second largest economy. Chinese textile and garment industry owners...
Washington’s escalating trade war with Beijing has not “made America great again” and has instead damaged the American economy, China said Sunday, warning that while it wants resolution through talks there will be no compromise on core principles. Beijing’s broadside is the latest act in a bruising...
The next edition of Yarn Expo Autumn 2019 will be organised during September 25-27 in Shanghai, building on the success of the Yarn Expo Spring 2019 which reported positive feedback from exhibitors about the quality of trade buyers, while buyers expressed satisfaction about the diverse variety of...
The Infrastructure Development Company Limited (IDCOL) in Bangladesh will seek $100 million in loans from the Green Climate Fund (GCF) and hopes to secure a further $66 million through borrower co-financing. This is part of the $166 million in funds that the country is looking at securing...
India’s Department for Promotion of Industry and Internal Trade (DPIIT) under the ministry of commerce and industry has reportedly proposed to formulate a national retail policy to support growth of domestic trade as part of a 100-day action plan prepared by it for the new government. The...
India’s new cabinet on May 31 approved a scheme offering pension coverage to traders. All shopkeepers, retail traders and self-employed persons are assured a minimum monthly pension of ₹3,000 after turning 60. The scheme, expected to benefit more than 3 crore, is based on self-declaration as no...
Reports in Bangladesh suggest the national government will take over responsibility for the running of the central effluent treatment plant (CETP) at the Savar tanning cluster. The government is believed to be preparing to register a company to do this, with tannery owners in the cluster being...