Saudi Aramco has entered into a joint venture to establish, develop and operate a world-class maritime yard. The oil giant signed an agreement to work with Lamprell plc, the National Shipping Company of Saudi Arabia (Bahri), and Hyundai Heavy Industries…
Dhaka, 28 Dec – In a rare verdict, chairman of super chain shop Agora Niaz Rahim has been sentenced for two years in prison and fined Tk 50,000 in two cases on charge of selling adulterated ghee.
At least 37 people are feared to have died in a fire that ravaged a shopping mall in the southern Philippine city of Davao, local officials say. Firefighters battled for hours to extinguish the blaze that started on Saturday morning…
Paris, Dec 18 (AP/UNB) – French economy minister Bruno Le Maire has launched a lawsuit against American e-commerce giant Amazon for imposing unfair commercial relationships to suppliers in the country.
Geneva, 14 Dec (Chakravarthi Raghavan) – The World Trade Organization’s Eleventh Ministerial Conference (MC11) has ended in complete failure and some disarray.
Buenos Aires, 14 Dec (D. Ravi Kanth) – The World Trade Organization’s eleventh ministerial conference (MC11) collapsed here on Wednesday like a house of cards, after the United States single-handedly blocked outcomes on mandated decisions and the draft ministerial declaration,…
By Anis Chowdhury and Jomo Kwame Sundaram Sydney/Kuala Lumpur, Dec 14 (IPS) – Although the Cold War came to an end over a quarter century ago, international arms sales only declined temporarily at the end of the last century. Instead,…
Dhaka – Three owners of the capital’s Apan Jewellers secured bail from the High Court on Thursday in three separate money laundering cases.
Tuesday, December 12 – The Organization of the Islamic Conference (OIC) will hold an extraordinary summit in Istanbul, Turkey, on Wednesday, December 13, 2017, to discuss the repercussions of the announcement of US President Donald Trump last week recognizing Jerusalem as…
Buenos Aires 11 Dec (D. Ravi Kanth) – India’s trade minister Suresh Prabhu has called for a strong outcome on the permanent solution for public stockholding (PSH) programs for food security here and said this is a priority issue and…
The UAE’s Federal Tax Authority has announced a final list of products and services that will be subject to an impending 5 per cent value added tax rate on January 1. Other select goods and services will be zero-rated or…
Geneva (Kanaga Raja) – The cost of importing food globally is set to reach USD 1.413 trillion in 2017, representing a 6 percent or USD 86 billion rise from last year, the Food and Agriculture Organisation (FAO) of the United…
Dhaka, Dec 4 – A gang of muggers snatched away Tk 9.40 lakh stabbing a ‘bKash’ agent in Khitibaria rail crossing area of Sadar Upazila of Jessore on Sunday.
The latest edition of a report from ETC Group “Who Will Feed Us?” is a synthesis of research over several years which produces critical, much needed information to guide decision-make much-needed and agriculture. The report states that it is the…
On 17 November, the European Parliament, Council and Commission proclaimed a European Pillar of Social Rights in Gothenburg. The launch of the Pillar signals a cautious but steady paradigm shift, away from austerity, at least at the level of the…
The Bangladesh Energy Regulatory Commission (BERC) on an average raised retail power tariff by 5.3 percent or Tk. 0.35 per unit. It, however, decided not to raise bulk tariff.
Dhaka – To emphasize the country’s role in shaping the denim scene and to explore Bangladesh’s position and future progress, the seventh edition of Bangladesh Denim Expo was started with a theme ‘Transparency’ at the International Convention City Bashundhara in…
Asia and the Pacific is leading a recovery in world trade amid the continued uncertainty surrounding the global trade policy environment. This year’s Asian Economic Integration Report introduces a new composite index to gauge the progress of regional cooperation and…
Geneva, 2 Nov (Kanaga Raja) – Highlighting the use of compulsory licenses by countries such as the United States, Germany and most recently Malaysia in order to gain access to amongst others affordable essential medicines, several major developing countries including…
Asit K. Biswas and Kris Hartley Singapore – Last month, the Bill & Melinda Gates Foundation released a status report tracking progress on the United Nations Sustainable Development Goals (SDGs). The data, which were meant to highlight efforts to eradicate…
A ship carrying 185 trucks was flagged by Indian Union Minister for Shipping, Road Transport and Highways Nitin Gadkari from Chennai Port to Mongla Port, Bangladesh. At a time when exporters are facing hurdles on the India-Bangladesh border, commercial vehicle…
Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Washington – Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand,…
Sylhet, Oct 27 – Tamabil Land Port along Gowainghat border was inaugurated here today to boost up business and commerce and roads communications with India, BSS reported.
The US-based medical devices industry through the Advanced Medical Technology Association (AdvaMed) has approached the US Trade Representative (USTR) with a demand to partially or fully suspend or withdraw India’s benefits under the Generalized System of Preferences (GSP). This is…
Dhaka – Three owners of Dhaka’s Apan Jewellers in three money laundering cases as they misused the privilege of their bail which they earlier secured from the High Court Division of the Supreme Court.
Dhaka – Two separate courts under the Chief Metropolitan Magistrate of Dhaka on Monday issued arrest warrants against three owners of Dhaka’s Apan Jewellers in three money laundering cases as they misused the privilege of their bail which they earlier…
ঢাকা – ইসলামী আন্দোলনের মহাসচিব অধ্যক্ষ হাফেজ মাওলানা আহমাদ বলেছেন, সরকার জনগণের দুঃখ-দুর্দশার কথা বেমালুম ভুলে গেছেন বলেই বার বার বলা সত্ত্বেও চাল, ডাল, তেল, লবন, মাছ, গোশত, তরিতরকারি ও মসলাসহ নিত্য প্রয়োজনীয় দ্রব্যের মূল্যের লাগাম টেনে ধরতে পারছেন না।…
Amazon and eBay are profiting from sellers who defraud UK taxpayers by failing to charge VAT, according to a report by MPs. The report estimates up to £1.5bn has been lost from third-party sellers on online marketplaces not charging the…
by K M Gopakumar The Indian National Pharmaceutical Pricing Authority (INPPA), using its powers under the Drugs Price Control Order 2013, capped the prices of cardiovascular stents and knee implants. INPPA has powers to fix the prices of all medical…
The Ministry of Water Resources of the Union Government of India has on Oct 11, 2017 (see notice: http://www.wrmin.nic.in/forms/List.aspx?lid=1180&Id=6) put up draft guidelines on Groundwater management in India (see draft Guidelines: http://www.wrmin.nic.in/writereaddata/guideline-NOC-CGWA.pdf), with comments period of 60 days. The comments…