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...
Growth in lending to the eurozone’s private sector slowed in November, the first month after the European Central Bank re-launched its controversial bond-buying scheme, data from the Frankfurt institution showed on Friday. Credit grew by 3.6 per cent year-on-year in November, a pace 0.1 percentage points...
There has been recent promising news about 3 COVID-19 vaccine candidates, prompting thoughts to shift to distribution and delivery.Mathematical models predict that the pandemic will kill more people, if wealthy countries buy all of the vaccines first, than if vaccines were distributed equally.Canada, Japan, the UK, and...
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...
Bangladeshi President Abdul Hamid called Thursday for greater trade and investment with Turkey to explore the potentials of the two countries in various sectors, reports Daily Sabah.  "There is enormous scope for exploring the commerce and investment potentials between the two countries, but this is yet to...
Despite Eastern European countries being an important export market for Vietnamese goods, the total trade revenue between both sides fell short of the potential, with bilateral trade reaching $10.1 billion in 2018—2.65 per cent of the country’s total export revenue, according to Vietnam’s deputy minister of industry...
Metro Bank has raised £375mn ($478mn) to repair its balance sheet, giving the British bank breathing space ahead of a potentially fractious annual meeting tomorrow. The nine-year-old challenger bank’s market value fell more than £1.5bn after disclosing in January it had under-reported the risk of its loan...
British retailers reported that their sales fell at the gentlest pace in six months in October but uncertainty about Brexit contributed to the highest stock levels on record, an industry survey showed. The Confederation of British Industry said on Monday its monthly index of reported sales rose...
Commerce Minister Tipu Munshi is hopeful that the European Union will continue its trade benefit for Bangladesh for 12 years after the country's graduation from the grouping of the least-developed countries (LDCs). Bangladesh is set to leave the LDC group to become a developing...
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...