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Chinese authorities investigating FedEx suspect it illegally held back the Huawei packages and that it also violated other laws, state news agency Xinhua reported on Friday.
Read More »Huawei rolls out 5G phone and flags first Hongmeng device
Huawei, which is grappling with sanctions from Washington that threaten to cut its access to US technology and components, on Friday rolled out the Mate 20 X 5G phone for the China market with a price tag of 6199 yuan ($901).
Read More »Bangladesh’s ICT industry grows 40% annually, says UNCTAD
Bangladesh has laid down an exemplary digital foundation and is striving to prepare its citizens for the digital future, an UNCTAD assessment of the country’s readiness to engage in e-commerce shows.
Read More »Banks asked to stall farm loan instalments in flood-hit districts
They are also directed to carry out relief activities The Bangladesh Bank (BB) on Wednesday asked all scheduled banks to suspend realizing instalments of farm loans in the flood-hit districts until the situation improved in an effort to shore up the battered agricultural sector.
Read More »352 vessels with 0.5m tons of goods remain stranded
The transportation of goods from Chittagong to all over the country has faced disruption due to strike As many as 352 vessels carrying around five lakh tons of goods are lying idle in different jetties of the country as water transport workers went for an indefinite countrywide strike yesterday to …
Read More »TCB asked to run OMS to keep prices of essentials stable ahead of Eid
Globally, the prices of a ton of onion rose to $231.42, which was $212.90 a month ago Commerce ministry yesterday directed the Trading Corporation of Bangladesh (TCB) to start open market sales to keep prices of onion, garlic and ginger stable in kitchen markets ahead of Eid-ul-Azha.
Read More »Trade war with US hits business confidence in China
China’s campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks’ reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills.
Read More »Unique group to install 584 MW pp in Meghnaghat
Unique group is going to set up a combined-cycle power plant having a peak capacity of 584 MW in Meghnaghat of Narayanganj. The power plant is expected to start its operation within 2022.
Read More »EU to provide 142m Euro for strengthening public finance, social security
The European Union(EU) will provide 142 million Euros to support key national reform agenda in public financial management and social security in Bangladesh.
Read More »Govt to procure one lakh EFDs to expedite collection of VAT
The Cabinet Committee on Public Purchase today approved a proposal for procuring some one lakh Electronic Fiscal Devices (EFDs) along with management systems for expediting the process for collection of VAT.
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