LAHORE: The European Union (EU) and local textile industry joined hands on Tuesday to work towards ensuring sustainable growth of the country’s textile sector.
Deputy Trades Minister, Carlos Ahenkorah has revealed government’s plans to clamp down on textiles that get onto the market illegally.
DHAKA, Oct. 22 (Xinhua) -- Bangladesh's tax collection body, the National Board of Revenue (NBR), has reduced the source tax on export proceeds for all sectors from 1.0 percent to 0.25 percent to boost mainly ready-made garment (RMG) export competitiveness.
India-US negotiations on a trade deal are going on in full speed, according to Indian finance minister Nirmala Sitharaman, who recently said she was hopeful of an agreement being signed soon.
The Indian rupee appreciated by 27 paise to 70.87 against the US dollar in early trade on Tuesday as optimism about US-China trade talks and easing crude oil prices enthused investors.
The Finance Ministry is considering a proposal of the textile ministry to extend the two-year moratorium for debt repayments by struggling textile units.