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    WTO cuts world merchandise trade forecasts for 2018, 2019

    Reuters . Geneva | Updated at 12:05am on September 28, 2018

    World trade growth is likely to be slower than previously thought in 2018 and 2019, although the direct economic effects of a trade war that has blown up this year have been modest so far, the World Trade Organisation said on Thursday....

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    Google’s Kormo app launched for jobs search

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    Kormo, a smartphone-based job marketplace of Google, was officially launched in Bangladesh on Thursday with a view to facilitating people finding jobs in the country’s informal economic sectors....

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    Esquire Knit’s Tk 150cr IPO gets BSEC nod

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    Bangladesh Securities and Exchange Commission on Thursday approved the initial public offering proposal of Esquire Knit Composite Limited allowing the apparel maker to raise Tk 150 crore from the capital market by issuing shares at a price of Tk 40-45 each....

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    3-day green PPP convention, expo begins Oct 4

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    A 3-day green convention and expo will begin in the city on October 4 to promote green and energy efficient technology and public private partnership for sustainable developments in the country....

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    Non-bonded exporters to get duty refund without physical inspection of goods

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    Exporters who do not enjoy bonded warehouse facility will be allowed to get refund of customs duty and value-added tax paid on import of raw materials without physical inspection reports on export goods as National Board of Revenue has relaxed rules in this connection....

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    4 banks to raise Tk 2,100 crore issuing bonds

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    Bangladesh Securities and Exchange Commission on Thursday allowed four banks to raise Tk 2,100 crore by issuing different types of bonds for strengthening their capital bases....

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    219 RMG units face govt action for remediation failure

    Staff Correspondent | Updated at 12:05am on September 28, 2018

    The government has started taking punitive measures against non-compliant readymade garment factories which were inspected under a government-led and International Labour Organisation-supported initiative but failed to make any remediation progress....

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    JPMorgan in talks to lead Lyft’s IPO - sources

    Reuters | Updated at 12:05am on September 27, 2018

    JPMorgan Chase & Co is in talks about leading Lyft Inc’s upcoming initial public offering as an underwriter, after rivals Goldman Sachs Group Inc and Morgan Stanley decided not to pursue such a role out of loyalty to another IPO hopeful, Lyft’s larger competitor Uber Technologies Inc, according to people familiar with the matter....

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    In a US manufacturing hub, no illusions about tariffs and jobs

    Reuters . Thomasville | Updated at 12:05am on September 27, 2018

    In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a US furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug....

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    China announces fresh import tariff cuts amid brewing trade war

    Reuters . Beijing | Updated at 12:05am on September 27, 2018

    China on Wednesday unveiled plans to cut tariffs for products including machinery, electrical equipment and textile products beginning on Nov 1, as the country braces for an escalating trade war with the United States....

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