Monthly Archives: September 2022

BGMEA asks members not to do business with Peacocks

The Bangladesh Garment Manufacturers and Exporters Association recently urged its members not to do business with Peacocks, a fashion retailer in the UK, as the Dhaka First Joint District Court issued an injunction restraining Peacocks and its agents to do business with any off-the-peg garments. factory in Bangladesh. BGMEA and Bangladesh Bank discovered that some RMG postmen were doing business ...

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Tension at Port Harcourt port as shipping agents accuse dockworkers of wringing their arms and killing patronage of eastern ports

By DAPO OLAWUNI The Maritime Trade Practitioners Association of Nigeria (STPAON) has alleged that dockworkers under the umbrella of the Maritime Workers Union of Nigeria (MWUN) were the real reasons why importers have abandoned eastern ports, this is due to their incessant demands and allegations of arm twisting. importers and shipping agents. Port Harcourt port union leaders also reportedly acted ...

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Party City Stock hopes for strong fourth quarter but risks remain (NYSE:PRTY)

pink color balloons, pink background. 3D illustration. chekyfoto/iStock via Getty Images Retailer and wholesaler of party supplies Party City’s (NYSE: PRTY) fate depends, to a large extent, on the Halloween season. This is especially true given the company’s relatively high leverage, with much of the debt trading below par. However, there are reasons to think that the company may have ...

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Debt troubles as UK public sector workers turn to buy now, pay later | Buy now, pay later

Experts have raised concerns that cash-strapped public sector workers are turning to controversial purchases now, repaying loans later after being turned down by traditional lenders. An analysis by the University of Edinburgh found that one in 10 public sector and NHS staff, initially turned down for a more conventional loan on the grounds that they could not afford to repay ...

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2022 2030 Banking as a Service (BaaS) Market Size

PUNE, Sept. 19, 2022 (GLOBE NEWSWIRE) — The Banking as a Service (BaaS) Market research report focuses on the global insights which can aid decision-making on the current market situation. Furthermore, the impact of COVID-19 is also concerned. Since its emergence in December 2019, the COVID-19 virus has spread around the world and caused enormous loss of human and economic ...

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Vietnamese rice exporters expect higher prices

With India’s recent rice export restrictions, Vietnamese exporters expect to increase shipments and prices, industry insiders said. Nguyễn Quang Hòa, director of Dương Vũ Co Ltd (Long An province), said India had imposed a 20% export tax on grain and banned shipments of broken rice to drive down prices interior following a significant drop in production due to a bad ...

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Customs assures importers of vehicles and others of trade facilitation

Customs Area Comptroller (CAC), Port and Terminal Multiservice Limited (PTML), Suleiman Bomai, reassured vehicle importers and other port users of regular facilitation of legitimate trade, constant dialogue and prompt settlement of disputes. disputes. Comptroller Bomai gave the hint on Friday during his first meeting with sister government agencies, private sector operators including freight forwarders and a representative from Grimaldi, the ...

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Governor Hochul gave campaign donors elite access — and results —: emails

Top aides to Governor Hochul have offered boutique access and customer service to deep-pocketed elite donors eager to further their business interests in the state, according to a review of emails. The 161 pages of emails show a vibrant buyer’s market for those interested in participating in the governor’s re-election campaign. Hochul has raised $34 million for his campaign so ...

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Pandemic Effect: Chipmakers Choose Phones, Laptops Over Automobiles and Banks

As India moves to promote its own semiconductor manufacturing ecosystem, sectors such as automotive and banking allege chipmakers are discriminating – following shutdowns supply caused by the pandemic – in favor of customers who need high value chips at the lowest price. those used by car manufacturers and banks. This takes on significance given the representation of the Indian Banks ...

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FirstCash Holdings: counter-cyclical pawnshop business (NASDAQ: FCFS)

Marti157900/iStock Editorial via Getty Images FirstCash Holdings, Inc. (NASDAQ: FCFS) has a core pawnbroking business that is countercyclical and can potentially benefit from the current economic downturn. However, investors should keep in mind that the company recently acquired the America First Finance business, which provides Lease-To-Own (“LTO”) retail loans. This is highly cyclical and may expose the FCFS to credit ...

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MADE Winner: Exporter Category | WilmingtonBiz

american hammer americanhammer.com Year of foundation: 1952 Number of employees: 15 High official : Ted Leitter, President and CEO Company Description: “An American industrial manufacturing company producing over 600 different hand hammers for the domestic and international metal fabrication industry. 100% American made right here in Wilmington, NC. How has your company developed since its creation? “Beginning as a small ...

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Chinese tire taxes can make trips to South Africa expensive – but will save jobs, local producers say

Tires from China will now be subject to an additional 38.33% duty as part of a preliminary dumping determination by the International Trade Administration Commission. Higher tariffs on Chinese tires will make travel and transport in South Africa more expensive, importers say. But allowing these cheap tires to flow into South Africa will create more unemployment, local manufacturers say. For ...

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Colombian company seeks to expand – NBC Connecticut

Guillermo Herrera was born in Colombia in 1964, his family owned three flower farms in the country. “My dad and a group of 7 other friends pioneered cut flowers in Colombia,” Herrera said. As a young adult, Guillermo traveled to the United States to attend college, where he met his wife, Marcia. After getting married, the couple returned to Colombia ...

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Contract manufacturing of medical devices market is projected

Visiongain released a new report: Medical Device Contract Manufacturing Market(COVID-19 Impact Analysis): – Market Segment by Industry (Electronic Manufacturing Services, Materials Processing, Finished Goods), Market Segment by Device Class (Class I, Class II, Class III), Segment Market Segment by Service Type (Device Development and Manufacturing Services, Quality Management Services), Market Segment by Device Type (Diagnostic Devices, Drug Delivery Devices, Therapeutic ...

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Government ensures level playing field for exporters

ISLAMABAD: Federal Trade Minister Naveed Qamar said on Wednesday that the government is committed to ensuring a level playing field and lowering the cost of doing business for export-oriented sectors, including textiles, to stimulate exports and reduce the current account deficit. He expressed these views during a virtual session organized by the South Punjab Investment Forum in collaboration with USAID. ...

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Gas importer Uniper in nationalization talks with German government | Oil and gas companies

Embattled gas importer Uniper has started talks with the German government over possible nationalization, the company said. The terms under discussion would raise the state’s stake in the faltering energy giant to 50%. The German state took a 30% stake in the group as part of a bailout in July, worth around 15 billion euros. Credit lines were further extended ...

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This could be the biggest money-making opportunity of the decade

A change in mindset often occurs during periods of stock market volatility. Some investors go from trying to make money to trying to avoid losing it. The problem, however, is that times like these can offer great ways to make a profit – if you keep your eyes peeled. There is one particular area that many investors avoid or at ...

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Berkshire Sterile Manufacturing is expanding its services to include

Lee, MA, Sept. 13, 2022 (GLOBE NEWSWIRE) — Following its recent expansion into lyo formulation, method and development, Berkshire Sterile Manufacturing (BSM) now offers two new services to assist customers in their efforts to R&D as they move towards development and clinical trials. “We’ve had several customers who needed R&D materials for chemical stability testing and to perform higher quality ...

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Gray imported EVs ‘shouldn’t go mainstream’, critics say, as interest grows

IIndustry figures worry about a rise in Australians looking to import used electric vehicles from overseas, saying they could pose problems with battery disposal and future targets of emissions. Interest in importing new or used electric vehicles has increased in recent months, according to several sources, due to rising fuel prices at the tanker – with further increases expected when ...

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South Africa Petroleum Industry Report 2022 with Sasol, TotalEnergies, Astron, BP, Engen and Shell, Easigas and Fuchs – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “The South African Oil Industry 2022” report has been added to from ResearchAndMarkets.com offer. This report focuses on the manufacture of petroleum products from crude oil and natural gas in South Africa, as well as the wholesale and retail trade of these products. Information on the manufacture of lubricating oils and greases, primarily from other organic products, as ...

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Global Growth Manufacturers, Key Applications Analysis and Forecast to 2026

The report provides a detailed evaluation of the global Wireless Audio Speakers market this includes the major trends, basic market driving factors, main challenges, enabling technologies, regulatory landscape, standardization, future roadmap, growth opportunities, value chain, ecosystem player profiles and strategies. The current analysis of the Wireless Audio Speakers market investigates the competitive breakdown and regional rundown of ...

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The new world of digital lending

Finally, the Reserve Bank of India (RBI) legitimized digital lending. He coined a new term to describe players in this space – Lending Service Provider (LSP). They will not lend from their own balance sheets but act as outsourcing agents for banks and non-bank financial companies (NBFCs). TO READ THE FULL STORY, SUBSCRIBE NOW FOR ...

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ILPA hosts a curtain raiser for the Silver Jubilee Fashion Extravaganza: Leather on the Ramp

The Indian Leather Products Association, which is actively working to bring together manufacturers and exporters of premium leather products under one platform, has geared up for its Silver Jubilee ILPA 2022 fashion extravaganza: “Leather on the Ramp “. At the start of the grand event, the curtain raiser, which was a preview of the annual signature show, was held at ...

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UK importers find customers looking for companionship and solace after Queen’s death

Breadcrumb Links Small business Local News Local company “It’s a meeting place for expats to comfort each other a bit because – for the vast majority of people – the Queen was there our whole lives” A box of shortbread biscuits bearing the image of the Queen can be seen at Churchill’s British Imports, 8116 Gateway Blvd., on Saturday September ...

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FIR filed against two wholesalers in Odisha

Cuttack: An FIR has been filed against two drug wholesalers in the city here in connection with the sale of fake drugs for the treatment of high blood pressure. The drug inspector filed the FIR at Purighat police station here after pharmaceutical major Glenmark clarified that it had not manufactured the antihypertensive drugs – Telma-40 and Telma-AM – seized from ...

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Tire maker announces $600 million expansion in Tennessee

Welcome to Thomas Insights – every day we post the latest news and analysis to keep our readers up to date with what’s happening in the industry. Sign up here to get the day’s top stories straight to your inbox. A global tire maker is planning its third major expansion at a Tennessee plant in less than a decade, state ...

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Indian exporters shouldn’t rush to hedge non-dollar exposure – analysts

A gas station attendant arranges Indian rupee banknotes in Kolkata, India August 16, 2018. REUTERS/Rupak of Chowdhuri Join now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 8 (Reuters) – Indian exporters should wait for the dollar to retreat from its recent high before hedging future earnings in currencies other than the greenback, analysts said on Thursday. Exporters who ...

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Slovak gas importer SPP signs LNG supply agreement with Exxon

Signage is seen at an Exxon gas station in Brooklyn, New York, U.S. November 23, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register PRAGUE, Sept 8 (Reuters) – Slovakian national gas importer SPP has signed a liquefied natural gas (LNG) supply deal with ExxonMobil (XOM.N), SPP said on Thursday, as Europe rushes to find alternatives to ...

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‘Predictive maintenance’ technology takes off as manufacturers seek more efficiency

Startups making technologies designed to predict industrial equipment failures before they happen are seeing an increase in demand, as tight supply chains drive manufacturers to squeeze more efficiencies from production lines, according to startup founders and analysts. Anna Farberov, chief executive of PepsiCo Labs, the technology arm of PepsiCo Inc., said that over the past year, so-called predictive maintenance systems ...

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Eximbank guarantees Lithuanian loans to import Taiwanese products

Taiwanese and Lithuanian public financial institutions have signed an agreement to guarantee loans to Lithuanian importers of Taiwanese products, the Ministry of Economic Affairs announced yesterday. The agreement was signed on August 23 by the ROC Export-Import Bank (Eximbank, 輸出入銀行) and Investment and Business Guarantees Ltd (INVEGA). Under the agreement, INVEGA would provide loans to Lithuanian small and medium-sized enterprises ...

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Kenyan Shilling stable, expected to ease due to increased demand from importers

The Kenyan shilling was stable on Tuesday and traders said it was expected to weaken on increased demand for dollars from general merchandise importers. At 07:38 GMT, commercial banks quoted the shilling at 120.15/35 to the dollar, down from 120.10/30 on Monday at the close. Traders said Monday’s court ruling confirming President-elect William Ruto’s election victory meant trading in the ...

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Swipe right – what does SA wine have to do to make the world love it?

This year’s theme Cape Winethe flagship trade showcase for the South African wine industry presented by the generic export body Wines of South Africa (WOSA) in October, is “Sustainability 360”, the three pillars being “People, Place and Prosperity”, l he idea being to demonstrate to delegates how a ‘brighter and better future’ is being created for ‘those who are directly ...

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Aviation finance managers give a boost to a heavily indebted industry

Aviation finance managers and aircraft lessors worked with their main customer, the airlines, at the start of the COVID-19 crisis, when air travel came to a halt. “Leasing companies, including ours, Genesis, worked with many of their airline customers to defer lease payments during the worst of the pandemic,” Mr. Elwood said. Barings formed Genesis in 2014 and four years ...

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Five of the Best ASIC Miner Makers (Authority) – CryptoMode

It’s no secret that Bitcoin mining has been in big trouble lately, with large pools controlling an overwhelming share of the network’s computing power. This has made it difficult for new users to compete in the Bitcoin mining space and has also increased the difficulty of validating transactions on the blockchain. For this reason, it is important to choose your ...

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1,000 RMG factories operate as subcontractors

They are not associated with BGMEA, BKMEA posing security risks MONIRA MUNNI | Published: September 04, 2022 09:07:42 | Updated: 04 September 2022 10:05:30 More than a thousand ready-to-wear (RMG) factories across the country, most of which operate on a contract basis, are not associated with either of the two apparel umbrella bodies – BGMEA and BKMEA. As a result, ...

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Customs to destroy 385 containers of expired products at Ctg port

Demolition process will start from 9/11 in Ananda Bazar neighborhood of Halishahar in Chattogram TBS report 03 September 2022, 22:05 Last modification: 03 September 2022, 22:08 Archive photo of the port of Chattogram. Photo: TBS “> Archive photo of the port of Chattogram. Photo: TBS Chattogram Customs will destroy 385 containers of goods that perished at Chattogram Port as they ...

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Maguro Mountain! This Ginza restaurant’s giant sashimi bowls are even bigger than promised

Why did we eat this mountain? Because it was there. Mr. Sato had a problem. Recently, we had heard that a certain restaurant chain based in the Osaka area had started opening branches in Tokyo. This chain is famous for its delicious tuna sashimiand therefore naturally our great reporter, Mr Satovolunteered to eat some, as he is far too diligent ...

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Answers to your questions about student loan forgiveness

On Wednesday, President Biden announced a sweeping student loan forgiveness measure that is expected to benefit 95% of federal borrowers. However, many borrowers wonder if they qualify and what this means for their long-term finances. Here’s everything you need to know about Biden’s loan forgiveness plan, who’s eligible and how to apply. Will my student loans be forgiven? All student ...

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Building Georgia with AI and crafting

“Tech Square pushed the boundaries of Georgia Tech,” Kurfess said. “It’s kind of the same – we’re on the fringes. I think in five or 10 years, AMPF will be the same kind of juggernaut as Tech Square, making a difference in society. People will look back at right now and think, ‘It was a crazy time at Georgia Tech.’ ...

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Stuart Nash: Infrastructure and trade driving Bay’s economic recovery

Napier MP Stuart Nash. Photo/NZME OPINIONI have to spend a lot of time in Wellington because of this job, but whenever I can I try to go to the regions. Anyone who has heard me speak knows that I like to say, when our regions are doing well, New Zealand is doing well. I love visiting innovative and ambitious businesses ...

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Human Trafficking: International Efforts by U.S. Agencies to Combat a Global Problem

Federal agencies are implementing a range of efforts to combat international human trafficking. GAO found gaps that could impede these efforts, such as unclear roles and weaknesses in tracking. The big picture Human trafficking, also known as human trafficking, is a long-standing global problem. Although data is limited by the clandestine nature of trafficking, the International Labor Organization estimates that ...

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Jam today: Nigerians cash in on stifled Lagos traffic | Global development

Jshortly after 6 a.m., Omowumi Adekanmbi leaves the studio where she lives with her four children. An hour later, she’s at work in jammed morning traffic – her clients the frustrated Lagos commuters. Balancing a bowl on his head, Adekanmbi deftly hands over cans of soft drinks with one hand and retrieves naira banknotes with the other. When the bowl ...

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