Garment industry short on cotton as floods worsen protest backlog
Garment factories in Bangladesh, one of the world's biggest clothing production hubs, are struggling to complete orders on time as flooding disrupts their cotton supplies - exacerbating a backlog caused by recent political turmoil, reports Reuters.Bangladesh is a leading global cotton importer due to the size of its textile and...
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Hilsa scarcity hits Khulna markets despite peak season; prices soar
Khulna, Aug 30 (UNB): Despite the ongoing peak season for hilsa, the prized fish is conspicuously absent from Khulna's markets, leaving both buyers and sellers in a difficult situation.Prices have skyrocketed, making it increasingly difficult for ordinary consumers to afford the fish, while traders are struggling to source adequate supplies.In...
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Meghna Life AGM approves 15 per cent diviend
The 28th Annual General Meeting (AGM) of Meghna Life Insurance Company Limited was held on a digital platform on Thursday with the company's Chairman Nizam Uddin Ahmed in the chair, says the company in a statement.The AGM approved 15 per cent dividend for the shareholders for the year 2023.The AGM...
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP): Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S. Federal Reserve prepare to lower borrowing costs to support growth and jobs.The...
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