By Askiah Adam That an economic world war has already started is beyond dispute. Whether it is Washington or Trump who has lost it is immaterial but between the sanctions imposed on several countries and prohibitive tariffs inflicted on friends…
Category: Trade
Dhaka prepares to invite bids for offshore gas exploitation
Updating of Model PSC underway for 1st int’l bidding since 2014 Dhaka, Aug 25 – Bangladesh is updating the Model Production Sharing Contract (Model PSC) to invite a new round of international bidding for oil and gas exploration in the…
Has globalization enhanced development cooperation?
Protracted economic stagnation in rich countries continues to threaten the development prospects of poorer countries. Globalization and economic liberalization over the last few decades have integrated developing countries into the world economy, but now that very integration is becoming a…
Online cattle-trading gathers pace alongside open BD markets
e-CAB happy over gradual growth Dhaka, Aug 19 – Though the traditional markets still remain the key source of charm for cattle collection, digital platforms, like previous four years, bring greater comfort to consumers in buying their sacrificial animals ahead…
Farmers happy with jute price in Rajshahi
As jute harvesting progressing fast in this region, including the vast Barind tract, amid a good yield, the growers are happy with better prices of their produce this year.
Artificial Intelligence powered smartphone launched
Edison Group has recently released an artificial intelligence (AI) powered smartphone, Helio S60. This latest model features the AI supported P60 chipset along with the trending notch display style.The grand launching ceremony took place recently at a convention centre in…
Mobile uniform minimum call rate 45 paisa from Aug 14
Dhaka, Aug 13 – The Bangladesh Telecommunication Regulatory Commission (BTRC) has fixed Tk 0.45 per minute as the uniform minimum call rate for all mobile phone operators.
Mondelēz Int’l establishes operations in Bangladesh
Dhaka, August 11 – Mondelēz International Friday announced that it has established operations in Bangladesh, expanding the company’s presence in South Asia. The company set up its country headquarters in Dhaka, marking its entry into Bangladesh, the eighth most populous…
Barisal markets flooded with hilsa netted at sea
Dhaka, August 10 – Huge quantities of hilsa netted at sea flooded Barisal wholesale fish market at Port Road area of the city decreasing price, while netting of hilsa on local rivers becoming less.
Wheat-laden vessel sinks near Ctg port
A wheat-laden lighter vessel capsized in the Bay of Bengal Tuesday morning.
World review finds antibiotics often given sans prescription
About three in four antibiotics requests and three in five consultations in community pharmacies around the world result in the sale of antibiotics without a prescription, according to a systematic review and meta-analysis published in the Journal of Infection recently.
Strong border vigilance curbs cattle influx ahead of Eid
Unlike previous times, the influx of cattle across the border from India has drastically come down ahead of Eid-ul-Azha, thanks to enforced vigilance by BGB and BSF.
US mulls 25% tariff on $200bn of Chinese goods, say reports
The US is considering 25% tariffs on $200bn (£152bn) of Chinese goods, much higher than the 10% it previously indicated it might impose, reports say.
Fossil-fuel doublespeak
by Lili Fuhr, Hannah McKinnon Berlin – Since the Paris climate agreement was signed in 2015, too many policymakers have fallen for the oil and gas industry’s rhetoric about how it can help to reduce greenhouse-gas em issions. Tall tales…
Riyadh launches ‘world’s largest’ centre for Halal food, products
Saudi Arabia’s Food and Drugs Authority (SFDA) has announced plans to launch what is claimed to be the world’s largest centre for Halal food and products. The organisation’s executive chairman, Hisham bin Saad Al Jedaie said plans for the centre…
Trade war – Developing countries should respond
By Martin Kh or Penang, Malaysia, Jul 24 2018 (IPS) – The escalating trade war initiated by United States President Donald Trump is a major threat to world trade and the global economy. The developing countries will be among those…
HC directs to display fees in clinics
Dhaka, July 24 – The High Court Division of the Supreme Court onTuesday directed the private clinics, hospitals, clinical laboratories and diagnostic centres display their charges and fees fixed for medical tests at public places.
G20 for dialogue to end trade tensions that threaten growth
Buenos Aires, July 23, 2018 (BSS/AFP) – Group of 20 members pleaded on Sunday for increased dialogue to defuse escalating trade tensions that could hit global economic growth hard.
Ecuadoreans build record pyramid of roses to attract world
Tabacundo, Jul 22 (AP/UNB) — The people in this small Andean town are the proud creators of the biggest floral structure ever built — a life-size replica of an indigenous pyramid made from 546,364 roses .
Balancing trade wars
By Sunita Narain New Delhi, Jul 20 2018 (IPS) – A global trade war has broken out. The United States fired the first salvo and there has been retaliation by the European Union, Canada, China and even India. Tariffs on…
BGMEA for Dhaka-Delhi cooperation in textile sector
President of apparel exporters’ apex body M Siddiqur Rahman on Saturday said there is a huge potential of collaboration between Bangladesh and India in the textile and apparel sector which can bring opportunities for both the countries.
BFRI inaugurates Fish Technology Fair
Mymensingh, July 20 – The Bangladesh Fisheries Research Institute (BFRI) inaugurated a 5-day long Fish technology fair on the occasion of National Fisheries Week-2018.
100 more buffaloes imported from India
Dhaka – The last consignment of 100 buffaloes imported from Indian Haryana state by Milk Vita reached the country on Thursday night.
Dhaka, Delhi ties now in golden era: Shringla
Indian High Commissioner to Bangladesh Harsh Vardhan Shringla on Wednesday said that the relationship between Bangladesh and India is passing their golden chapter.
US threatened Ecuador, WHO over breastfeeding resolution
A resolution to encourage breastfeeding at the recent World Health Assembly in May this year provoked the US to threaten Ecuador and the World Health Organization (WHO) with retribution.
US criticised for starting “trade war”, undermining WTO’s credibility
Geneva, 13 Jul (D. Ravi Kanth) – China severely criticized the United States on Thursday for undermining the “authority” and “credibility” of the World Trade Organization (WTO) by openly “defying” previous rulings against the Special 301 and by pointing a…
Overcome crisis of globalisation: Redo politics, int’l coop
by Ngaire Woods Recently there’s been a lot of talk about globalisation being pushed back. How would you characterise the situation? I think there was always a deal that permitted globalisation to go ahead. If you think about the 1950s…
Cabinet approves draft digital commerce policy
The Cabinet on Monday approved the draft of the ‘National Digital Commerce Policy 2018’ aiming to ensure safe digital transactions removing mistrust of buyers and purchasers in digital commerce.
Food commodity prices fall amidst rising trade tensions
Geneva, 11 Jul (Kanaga Raja) – The international prices of a basket of key agricultural food commodities fell in June, representing the first month-on-month decline since the beginning of this year, the United Nations Food and Agriculture Organisation (FAO) has…
Are we still good Europeans?
by Jürgen Habermas When I graduated from high school, my career aspiration was listed on my diploma: Habermas wants to become a journalist, it said. Yet once I began working for the Gummersbach section of the Cologne daily Kölner Stadtanzeiger,…