French Ambassador to Dhaka Jean-Marin Schuh has said Bangladesh and France have a bright future together despite the difficult times they are going through right now. "More than common interests, we also share a common vision, especially regarding climate change, and we will work every day to...
British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, a source close to the company told Reuters, as customers cut production and airlines park planes due to the coronavirus pandemic. The size of layoffs has been mentioned internally...
Head of Delegation of the European Union to Bangladesh Ambassador Rensje Teerink has said Bangladesh, with the graduation, needs to follow the core issues related to the GSP Plus in detail because “GSP Plus will probably be the way forward”. She said the current...
Turkey’s leather industry achieved export revenues of US$585 million in the first four months of 2019, showing signs of a small increase compared to recent years. In 2016, 2017 and 2018, the sector’s total export revenues were between US$1.5 billion and US$1.6 billion per year. Annualised, the...
Newly appointed Ambassador of Switzerland to Bangladesh Nathalie Chuard on Wednesday said she would work to further strengthen and expand the bilateral ties. She presented her credentials to President Md. Abdul Hamid at Bangabhaban on the same day. Humanitarian assistance and development cooperation were the cornerstones of...
Bangladesh is still at risk of losing the European Union's GSP as the latter has again warned about its readiness to launch the procedure for withdrawal of preferences in case of failure to produce sufficient results. The European Union (EU) will decide on its next steps following...
A 2019-20 action plan to implement the memorandum of understanding (MoU) between the Belarusian state light industry concern Bellegprom and Uztekstilprom Association was agreed to during the recent Global Textile Days-Tashkent 2019 event. The plan stipulates measures to invigorate cooperation in textile, apparel and knitwear enterprises between...
The European Union would challenge the China-US trade agreement at the World Trade Organisation if it creates ‘distortions’ in the market that harm EU companies, the bloc’s envoy to Beijing said on Friday. Ambassador Nicolas Chapuis told reporters the 28-nation EU ‘will monitor the implementation’ of the...
Germany is going to provide 200 million euros, or Tk 1,846.6 crore, to Bangladesh to implement a number of development projects, the Economic Relations Division (ERD) said in a statement. Of the fund, 172 million euros will be provided as economic cooperation and 28 million euros as...
Malaria kills hundreds of thousands of people each year, mostly children under the age of five living in Africa. While there are treatments for the disease that can help lessen its impact, stopping it entirely is a different challenge: It’s notoriously difficult to make a malaria vaccine...