Soaring foreign investment in Bangladesh is giving an added push to the country’s booming economy, as multinational companies look to harness its strong domestic demand, reports BSS. With a population of 168 million, more than a third of whom are 25 years old or younger, and a...
In a heartening development, more and more South Korean companies are coming to Bangladesh with investment plans, attracted by the country’s tremendous growth momentum. “This is a positive development for Bangladesh as there would be technology transfer,” said Mohammad Mustafa Haider, managing director of Super Petrochemical, a...
Bangladesh and Bhutan are going to finalise the Preferential Trade Agreement (PTA) aiming to increase bilateral trade between the two countries.Outgoing Bhutanese Ambassador to Bangladesh Sonam Tobden Rabgye said this when he met Prime Minister Sheikh Hasina at her Sangsad Bhaban office. ...
In this file photo taken on 9 November 2017, US president Donald Trump (L) shakes hand with China`s Xi Jinping in Beijing. Photo: AFPChina's Xi Jinping landed in Osaka Thursday ahead of what promises to be a stormy G20 meeting over trade, as US president Donald Trump...
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 --...
India and Kyrgyzstan have prepared a five-year road map to raise bilateral trade and urged business communities from both sides to explore the untapped potential in various fields, Prime Minister Narendra Modi told the India-Kyrgyz Business Forum, which was jointly inaugurated by him and Kyrgyz President Sooronbay...
The country’s merchandise trade gap with the rest of the world reduced by 10.43 per cent during the first 10 months of the current fiscal year (FY19). The latest statistics released by the central bank last week showed that merchandise trade deficit stood at US$13.67 billion in...
India will impose higher retaliatory tariffs on 28 US products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi. The new duties take effect from Sunday, a government notification said, in the latest trade row since US President Donald...
In a nondescript building in a Beijing suburb, workers stitch tissue into replacement heart valves for humans. Orders are mounting, and founder Jin Lei is looking to the latest feature of Chinese President Xi Jinping’s financial reform to help him expand. For Jin’s company, Balance Medical Technology...
China has raised the rate of additional tariffs imposed on some of the imported US products from June 1, according to a statement from the Customs Tariff Commission of the State Council. China increased the rate of additional tariffs on some of the about 60 billion US...