COVID-19: COVID-19 hits manufacturing, services: TIER

MIXED PERSPECTIVES: While manufacturers remain cautious about the spread of the Delta variant overseas, the service industry is optimistic as a local outbreak is reduced By Crystal Hsu / Journalist Last month, business confidence in the manufacturing and service sectors fell over concerns over the rapid spread of the Delta variant of SARS-CoV-2 around the world, but improved for the ...

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Infographic: Lebanon is on the verge of running out of water | Business and Economy News

More than 70 percent of the Lebanese population faces severe water shortages, the United Nations Children’s Agency warns. Lebanon’s water supply system is on the verge of collapse. In July, a report released by UNICEF warned that most water pumping would gradually cease across the country within four to six weeks as the country’s power grid falters. On August 21, ...

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The government is committed to encouraging manufacturers and exporters of fertilizers: Siskin

Federal Minister of Finance and Revenue Shaukat Tarin on Wednesday reaffirmed the government’s commitment to encourage and incentivize fertilizer manufacturers as well as exporters to respond effectively to domestic demand. ISLAMABAD, (UrduPoint / Pakistan Point News – Aug 25, 2021): Federal Minister of Finance and Revenue Shaukat Tarin on Wednesday reaffirmed the government’s commitment to encourage and urge fertilizer manufacturers ...

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Generac unveils products that allow customers to sell electricity to the grid

Generac Power Systems said on Wednesday that its line of home backup generators, commercial and industrial generators and solar storage systems + PWRcell batteries are manufactured and offered as “Smart Grid Ready”, making it easier for customers to resell electricity to the grid and offset. their energy expenditure. Smart grid ready capabilities are offered through Generac’s Enbala Concerto platform. “With ...

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“They have six manufacturers” – Pierre Gasly wants Formula 1 to be more competitive and more competitive like MotoGP

“They have six manufacturers” – Pierre Gasly is excited about the new regulations coming to Formula 1 next season and hopes it will make things as competitive as in MotoGP. Formula 1 has been lackluster when it comes to competition for the past decade, with only Red Bull and Mercedes winning world titles. But with the new regulations and the ...

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PayPal India benefits from edtech boom

PayPal India’s total transaction value jumped 40% from a year earlier in the June quarter as small businesses sold goods and services to overseas consumers amid the second wave of covid , said a senior executive. Services exports were the main driver of volume growth, particularly supported by large electronics technology companies and online tutors, tech freelancers, small software as ...

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New honey tea sells for 3,100 Tk per kg

Tue Aug 24, 2021 12:00 AM As natural honey is added to tea leaves that are rich in antioxidants, the tea will help consumers boost their immunity, said Md Rashedul Islam, deputy director of Sabazpur Tea Company who proposed the new variety. PHOTO: STAR “> As natural honey is added to tea leaves that are rich in antioxidants, the tea ...

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SBA Forgiveness Portal Accepts Over 340,000 Submissions, But Many Lenders Withdraw

Dive brief: The New Small Business Administration Paycheck Protection Program (PPP) Loan forgiveness portal has seen more than 340,000 submissions in the first two weeks since its launch, the agency announced last week. The SBA said it received more than triple the number of submissions as the top 10 PPP lenders that do not participate in direct forgiveness. The agency ...

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Chorus profits affected by tougher competition, effects of Covid-19

Telecommunications line company Chorus posted a decline in profits as its profits were hampered by stiffer competition. Photo: RNZ Chorus chief executive Jean Baptiste Rousselot said competing technologies and weak market demand due to the lingering effects of Covid-19 took a toll on his earnings, which he managed to offset by controlling costs. “Despite the market downturn following Covid-19, we ...

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Exporters seek more US lines despite delays

Amid shipping delays that raised serious concerns, export industry stakeholders urged shipping companies to open more routes to the United States as most of the cargo on hold heads west. This will alleviate concerns about the movement of goods to one of the country’s main export markets, said the Philippine Exporters Confederation Inc. (Philexport) and the Supply Chain Management Association ...

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