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Trade & Commerce


Ramadan brings little respite for Indonesian traders

On the fifth floor of Southeast Asia’s biggest textile market, Indonesian trader Toni Sar waves a white envelope to signal surrender as he points to shuttered units forced to close because of falling business.

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Beijing pledges $2.1b investment for Dhaka

Bangladesh has secured a commitment of $2.1 billion in Chinese investments, loans and grants from the Chinese government and its companies during the ‘milestone’ visit of chief adviser Muhammad Yunus to China, officials said.

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US trade officials visit India as tariff threat looms

US officials arrived in India on Tuesday to hammer out a trade deal just days before president Donald Trump’s tit-for-tat tariffs begin across the globe, including against the world’s most populous nation.

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Tesla sales sink by nearly half in Europe

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk’s politics and ageing models may be turning consumers away.

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Pakistani dresses dominate Eid markets

The country’s markets are witnessing a sharp rise in demand for Pakistani clothing items ahead of Eid-ul-Fitr, one of the biggest religious festivals of the Muslims to be held at the end of March subject to moon-sighting...

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