Dhaka, Jan 8 – The 24th Dhaka International Trade Fair (DITF) begins at Sher-e-Bangla Nagar in the city on Wednesday.
Category: Trade
Bluefin sold for $3 million in 1st 2019 sale at Tokyo market
Tokyo, Jan 5 (AP/UNB) — A 612-pound (278-kilogram) bluefin tuna sold for a record 333.6 million yen ($3 million) in the first auction of 2019, after Tokyo’s famed Tsukiji market was moved to a new site on the city’s waterfront.
Huawei promises highest level of cyber security
Huawei Technologies’ rotating Chairman Guo Ping said the Chinese tech giant’s revenue in 2018 is expected to be US$108.5 billion, up 21 percent year-on-year.
Our hearts now get closer, Chinese envoy on Dhaka-Beijing ties
Chinese Ambassador in Dhaka Zhang Zuo on Monday said his country wants to give a further push to broaden people-to-people contacts with Bangladesh taking the mutual bilateral relations to a newer height.
Canadian ex-diplomat detained in China, official confirms
A former Canadian diplomat has been detained while visiting Beijing amid a dispute between the two counties over Canada’s arrest of a Chinese executive at the request of the United States.Canadian Public Safety Minister Ralph Goodale on Tuesday confirmed the…
Huawei arrest: Justin Trudeau denies political motivation
Canadian Prime Minister Justin Trudeau says his government had no involvement in the arrest of a top executive from Chinese telecoms giant Huawei.
China furious at Huawei executive’s arrest in Canada
China reacted furiously Thursday after a top executive and daughter of the founder of Chinese telecom giant Huawei was arrested in Canada following a US extradition request, threatening to rattle a trade war truce with the United States.
What the EU really thinks about Brexit
A major problem in the Brexit debate since June 2016 is how 95 percent of reporting and discussion in the UK media has been about internal Westminster politics. Occasionally space is found for a brief interview with a minister or…
Make concrete delivery on trade deals or lose it, Dhaka told
Trade chief MEP Dr Sajjad Karim has advised Bangladesh to deliver on its commitments under its present favourable ‘Everything-but-Arms’ (EBA) trade status or risk losing it.
China seeks to rebrand global image with import expo
Facing a blizzard of trade complaints, China is throwing an “open for business” import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force.
Diversify products, explore new markets, PM tells businesses
Prime Minister Sheikh Hasina on Sunday asked the business community to diversify their products and explore new markets in the world for their items availing of government support.
Incompetence and inability to run WTO secretariat alleged
DG did not read the report issued by WTO-IMF-WB at Bali Geneva, 17 Oct (D. Ravi Kanth) – The WTO Director-General Roberto Azevedo said on Tuesday that he has not had the opportunity to read the report on “Reinvigorating Trade…
China’s economic growth slows amid trade battle with US
China’s economic growth slowed further in the latest quarter, adding to challenges for its communist leaders as they fight a tariff battle with Washington.
Asia-Pacific finance ministers fret over US-China spat
The trade spat between the world’s two largest economies — China and the United States — is imperilling the entire Asia-Pacific, regional finance ministers have warned.
Trump signals intent to intensify trade war with China
Geneva, 10 Oct (D. Ravi Kanth) – The United States President Donald Trump signalled on Tuesday that he will intensify the trade war with China on grounds that Beijing is not ready to make a deal yet, and that his…
World Bank, IMF heads urge US, China to play by trade rules
Nusa Dua, Oct 11 (AP/UNB) — The heads of the World Bank and IMF on Thursday urged the U.S. and China to play by world trade rules and de-escalate a dispute over Beijing’s technology development strategy that threatens to do…
Dhaka seeks EU’s trade facilities after graduation from LDC
Dhaka, Oct 4 – Commerce Minister Tofail Ahmed on Thursday urged the European Union (EU) to continue trade facilities for Bangladesh in the form of GSP Plus after its graduation from the group of least developed countries (LDCs) to a…
New trade realities cause concern
Trade liberalization, a key dimension of recent globalization, has failed to promote broad structural transformation in developing countries and has instead contributed to increased worldwide inequality, a new United Nations report shows.
China: Talks impossible with a US knife to Beijing’s neck
A Chinese trade envoy says talks with Washington are impossible while the United States “holds a knife” to Beijing’s neck by imposing tariff hikes.
Plainclothesmen picked up 3 bullet-hit victims: Case filed
Narayanganj, Sept 15 – A murder case has been filed in connection with Friday’s recovery of bullet-hit bodies of three friends from a 300-feet area of Purbachal in Narayanganj.
Serena Williams talks fashion, not fouls one week later
Las Vegas, Sept 15 (AP/UNB) — Serena Williams talked about her fashion business and her family, but not tennis fouls during a Friday appearance before a business trade group in Las Vegas.
Bangladesh seeks larger duty-free market access to US
Bangladesh has requested the United States to expand market access for Bangladeshi goods to the American market and increase duty-free market facilities in the light of WTO’s Bali Ministerial decisions.
Talks on world’s first treaty to regulate high seas begins
After several years of preliminary discussions, the United Nations has begun its first round of inter-governmental negotiations to draft the world’s first legally binding treaty to protect and regulate the “high seas”—which, by definition, extend beyond 200 nautical miles (370…
BD workers among 500 undocumented migrants held in Malaysia
Dhaka, Sep 01 – The Immigration Department of Malaysia on Saturday detained at least 500 undocumented migrants, including Bangladeshis, during a nationwide crackdown against ‘illegal’ immigrants.
Thousands of undocumented BD workers fear arrest in Malaysia crackdown
Md Owasim Uddin Bhuyan Thousands of undocumented Bangladeshi migrant workers in Malaysia are in fear of arrest as the Malaysian authorities were set to launch a massive crackdown on them on Friday.
Dhaka not to pursue US anymore for GSP: Tofail
Commerce Minister Tofail Ahmed on Thursday said Bangladesh does not require the Generalised System of Preference (GSP) facility from United States as the country does not get the facility on its most exported items to US.
Oman says new Duqm airport terminal to open next month
A new passenger terminal at Oman’s Duqm International Airport is set to begin operations next month, Oman’s Ministry of Transport and Communications said. In a series of tweets, the ministry said that construction work had been completed along with basic…
No trade union in 97 percent garment factories: CPD survey
In Bangladesh’s readymade garments (RMG) sector, 97.5 percent factories don’t have trade unions.
Brexit: The conservative centre cannot hold
The Minister for Exiting the European Union, Dominic Raab, last week published a number of “notifications” on the possibility of the UK’s leaving the European Union without a Withdrawal Agreement (“no deal Brexit”). On the same day, wide publicity was…
Price hike of kerosene more adverse to women than men: Study
Dhaka, Aug 28 – Price increase of kerosene—still a major fuel for lighting in many rural parts of Bangladesh—put more adverse effects on women than men, a study carried out by the Bangladesh Institute of Development Studies (BIDS) said. The…