The Minister of State for Foreign Trade of UAE, Thani Al Zeyoudi on Monday said that the trade ties between New Delhi and Abu Dhabi have proliferated following the Comprehensive Economic Partnership Agreement (CEPA). “Trade ties with India have grown very rapidly following CEPA. There are several areas where we are looking to provide a […]
Australian lender Westpac Banking Corp (WBC.AX) is set to cut approximately 300 jobs in its consumer and business banking divisions, the news agency Reuters reported. According to the report, the Finance Sector Union of Australia (FSU) cited an internal memo from Westpac as the source of the information. These potential job losses, which represent 0.8 […]
Singapore is well-known for being an easy place to do business. Among the factors that play to the city-state’s advantage is an attractive tax system, an extensive network of tax treaties, ready availability of quality human capital, geopolitical stability, accessibility to financing, connectivity to the rest of the world, and good infrastructure. Singapore also has […]
TikTok, owned by ByteDance, intends to develop its global ecommerce operations to catch up with up to USD 20 billion in merchandise sales this year, according to a report by Bloomberg News. According to the report, the company is counting on growth in Southeast Asia, especially targeting markets like Indonesia. This goal represents significant growth […]
The prices of food items in Pakistan have increased by 100 per cent this year compared to last year, as per the Pakistan Bureau of Statistics, Daily Dunya reported. Daily Dunya is an Urdu daily newspaper from Pakistan. In 1922, a bag of 20 kg flour was 1400 rupees, it has now exceeded 2300 rupees, […]
Recent data indicates that the United States imports fewer Chinese goods as Western companies shift their supply chains away from China, a media report said. Chinese products, which comprise the largest share of low-cost Asian imports in the US, are expected to drop below 50 per cent for the first time in over 10 years, […]
ace turtle, India’s technology-driven retail company on Wednesday announced the launch of California casual lifestyle apparel brand Dockers in the country. “Introduced in 1986, the Dockers brand sparked a revolution in the way millions of men dressed around the world, shifting from the standard issue suit to a more casual look. More than 30 years […]
For the past eight years, all border crossings between Nepal and China have remained largely closed. This undeclared “blockade” by Beijing has left importers and businessmen in Nepal desperate, EPardafas reported. The markets near the Chinese border became deserted, resulting in disappointment among the business community. Three years back, Chinese President Xi Jinping during his […]
India-based global entrepreneur Teja Chekuri has acquired nine US Dunkin franchisees for USD 18,000,000 via their company Golden Horn Group. Dunkin’ Donuts (DD) LLC, also known as Dunkin is an American multinational coffee and doughnut company. The Dunkin brand currently operates 13,000 franchisees worldwide. Nine of these are in Sharon, Hanover, Weymouth, Braintree, Quincy in […]
Shein, the Chinese fast fashion giant, will make a return in India via a partnership with Reliance Retail, the subsidiary business entity of Reliance Industries, according to media reports. The Indian government has given the nod to the partnership, which is expected to support Shein in attaining India’s large young population, the Wall Street Journal […]
