The Dubai Cotton Centre (DCC) plans to start operations during the third week of April, following a three-month delay due to economic uncertainty, an executive said. The centre will be a redistribution and trading post for cotton from Uzbekistan en route to Asia. Storing large quantities of cotton in Dubai will ...

New, Exclusive Brand Builds on JCPenney’s Leadership in Home Brand Brings Cindy Crawford’s Style Expertise to JCPenney Continuing to build its leading home business, J. C. Penney Company, Inc. (NYSE: JCP) today announced the launch of Cindy Crawford Style, a new brand of home furnishings and accessories by renowned ...

Bangladesh has asked for duty and quota-free access of LDC products to the markets of developed economies and also access of skilled and semi-skilled workers as part of the global stimulus package to fight financial downturn. Bangladesh’s ambassador and permanent representative to the United Nations Ismat Jahan made the call at ...

Several heated discussions have been revolving around the issues of "Transit" and the TIFA for years. But there was never a concrete outcome. While many are not in favour of “Transit and TIFA”, saying these agreements ...

The 27-member high-powered taskforce to fight recession sits today, the first since it was formed on March 18, to take stock of the emerging situation of the country's economy as the fallout of the global recession and suggest measures to face the challenges. Finance Minister AMA Muhith, the taskforce convener, will ...

China's foreign trade volume shrank sharply in February, according to figures released by the General Administration of Customs on Wednesday. Exports dropped 25.7 per cent year-on-year to $64.9 billion, the largest fall in more than a decade and the fourth monthly decline in a row. Imports fell 24.1 per cent to ...

Cambodia's garment exports have dropped by half amid the global economic downturn, the commerce minister said Thursday, as a union leader announced tens of thousands of job losses. Cambodia's garment industry is the impoverished country's largest source of income, providing 80 percent of its foreign exchange earnings and employing an estimated ...

A joint venture between Singapore and Bangladesh company will set up a central effluent treatment plant in Dhaka Export Processing Zone. The company, D-Water CETP Ecosystems (BD) Limited, will invest $4.793 million to treat 15,000-43,000 cubic meters of liquid effluent per day of the industries of the DEPZ. The plant will be set ...

The government is in the process of formulating a comprehensive new industrial policy within this year, focusing on an environment-friendly industrialisation, said the industries minister yesterday. “We need a cleaner environment because it is of utmost necessity to enter the competitive global market,” said Dilip Barua. “To have a healthy environment, we ...

N.E.W. Customer Service Companies Selected to Provide Leading Sporting Goods Retailer with Product Service and Coverage That Works as Hard as Customers Play -N.E.W. Customer Service Companies, Inc. (NEW), the nation’s leading provider of extended service plans and buyer protection programs for consumer products, announced today it is working ...