report in The Express Tribune, Feb 5, 2023COLOMBO: Minister of State for Foreign Affairs Hina Rabbani Khar on Saturday held a series of meetings with the top leadership of Sri Lanka and discussed a whole range of issues with them. According to a Foreign Office statement, the state minister was in Colombo on a two-day official visit to attend the 75th Independence Day of Sri Lanka as a guest of honour. She called on President…
Posts tagged as “trade”
By Nizamuddin Rezahi in Khaama Press online, Feb 1, 2023Mohammad Mousavi, Iran’s Deputy Minister of Trade on Tuesday in a meeting said that Tehran is planning to set up a trade center in Afghanistan in the coming future. The establishment of the trade center is aimed at strengthening trade relations between Tehran and Kabul, Mousavi stated to Mehr New Agency. While addressing to meeting Mousavi said that Tehran wanted to invest in Afghanistan and actively…
report in Dhaka Tribune, Jan 25, 2023Findings from a report said that Bangladesh was ripe for exploitation from transfer-pricing opportunities amid increased volumes of international trade, presence of multinational companies (MNCs) and absence of proper monitoring of the transactions. Transfer pricing is the price paid by a firm for goods or services while purchasing it from a related entity. When a firm is buying or selling from its relative entity, there are chances that prices…
By Chaminda Silva in The Island, Dec 28, 2022Around 15,000 garment workers employed in free trade zones would lose their jobs in 2023, Convener of the Free Trade Zone Workers’ Center, Gamini Ratnayake said. He said there were 148,000 garment workers in 14 free trade zones. It was likely that a number of other factories too would be closed down after new tax laws are implemented, he said. “Recently, one of the largest companies announced…
report in ToloNews.Dec 28, 2022The first part of the Termez International Trade Center on the border of Afghanistan and Uzbekistan was opened on Tuesday. Bakhtiar Roziof, head of the trade center, said the joint market has been created with the aim of developing economic and commercial cooperation between the businessmen of the two countries. The market has four thousand shops, a health center, a restaurant, and a separate area for production and logistics and the…