The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) forecasts an upturn in export receipts, import values and inward remittance at the end of the first quarter of this fiscal.According to its 'Review of Economic Situation in Bangladesh for April-June period of fiscal year 2020-21', Bangladesh's earnings from merchandise exports...
Read moreSan Francisco-based Gap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs, reports Reuters.Gap also lifted its annual profit estimate, sending shares up 7 per...
Read moreThe government has turned down the Bangladesh Agro-Processors' Association (BAPA)'s proposal for providing cash incentive for the export of fragrant rice.The BAPA in a recent letter to commerce ministry suggested re-incentivising exporters of aromatic rice to facilitate export earnings, officials said.Food ministry is also against such facility on the export...
Read moreCHATTOGRAM, Aug 27: Owners of leather storages or godowns in the port city sold rawhides worth around Tk 200 million (Tk 20 crore) during and after Eid-ul-Azha this year, celebrated on July 21.Sources said there are a total of 112 wholesale leather traders or rawhide hoarders in Chattogram city, who...
Read moreSAN FRANCISCO, Aug 27 (Reuters): Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world's largest companies, that intruders could have the ability to read, change or even delete their main databases, according to a copy of the email and a cyber security researcher.The vulnerability...
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