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Commerce

Companies prodded to rely less on China, but few respond

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BEIJING (Net) — The United States, Japan and France are prodding their companies to rely less on China to make the world's smartphones, drugs and other products. But even after the coronavirus derailed trade, few want to leave skilled China's skilled workforce and efficient suppliers of raw materials to move to other countries.
Disruptions from the pandemic, on top of the U.S.-Chinese tariff war, fueled warnings that relying too much on China leaves global companies vulnerable to costly...
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Gold traders experiencing spike in business

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A Correspondent
The gold traders of Saudi Arabia are experiencing a spike in their business as investors go for the precious metal after the government’s announcement to introduce 15 percent VAT from July 1.
Yaseen Ali, a jeweler recently reopened gold souk in Diriyah, Riyadh, said that visitor...
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Cattle markets to be arranged following health guidelines

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This year, permanent and makeshift markets of sacrificial animals will be arranged maintaining the health guidelines and social distance, Local Government and Rural Development (LGRD) Minister Md Tajul Islam said Thursday, reports UNB.

The minister came up with the remarks while attending an...
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