Archive / Business - 2022
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Bangladesh self-reliant in RMG accessoriesIn the 1980s, local garment manufacturers used to export garment items in old and used cartons as there was no factory in Bangladesh at that...Jordan's Fine branches out into nutrition supplements businessJordan’s Fine Hygienic Holding is branching out into the nutrition supplements business as it looks to build its wellness segment as part of a five-year...Investors turn long on India's rupee after 4 months; rupiah short bets cutInvestors switched to long positions on India's rupee for the first time since September, on hopes that the economy may be able to withstand the...Global sukuk issuances surge 36% in 2021 to $252.3bnGlobal sukuk issuances surged by 36.1 per cent in 2021 to $252.3 billion and are expected to continue to grow this year, according to a...South Korea to deploy Pfizer COVID-19 pills as Omicron wave loomsSouth Korea will begin treating coronavirus patients with Pfizer's antiviral pills on Friday (Jan 14), health officials said, as concern mounts over the spread of...The Pandemic Highlights a Shortage of Sewing Machine Repair ProfessionalsIn the spring of 2020, it seemed like anyone with a shred of sewing talent wanted to make cloth face masks. People were sending masks...Coal vessels await clearance to leave as Indonesia mulls ease of export banIndonesian authorities have yet to issue papers to allow 14 coal vessels to depart, a senior official said on Wednesday, as the government prepared to...Afghanistan crisis: Taliban expands 'food for work' programmeThe Taliban has said it is expanding its "food for work" programme, in which donated wheat is used to pay tens of thousands of public...Chinese consumers stock up on EVs as subsidy deadline loomsWelcome to 2022 from Beijing. After the explosive growth last year in China's electric vehicle market, what could this year have in store for consumers?The...Japan's Mizuho to acquire US private equity agent Capstone, source saysMizuho Financial Group plans to acquire U.S. private equity placement agent Capstone Partners, a person familiar with the matter said, as the Japanese lender looks...Three ways to invest $10,000 in the next three monthsInvestors have enjoyed three terrific years despite the pandemic and will be crossing their fingers that 2022 will make it four in a row.A new...IMF says emerging economies must prepare for Fed policy tighteningEmerging economies must prepare for U.S. interest rate hikes, the International Monetary Fund said, warning that faster than expected Federal Reserve moves could rattle financial...Crisis-hit Sri Lanka asks China to restructure its debtThe president of crisis-hit Sri Lanka has asked China to restructure its debt repayments as part of efforts to help the South Asian country navigate...Biden's economic challenge: Finding workers and goodsPresident Joe Biden enters the midterm election year of 2022 determined to address what economists call a “supply” problem — there aren’t enough jobseekers or...Pop-up power: why short-term strategies can help businesses thriveThe Covid-19 pandemic has affected many sectors around the world, including the global commercial property market.Long periods of movement restrictions over the past two years...Generation Start-up: how a UAE personal training app is digitising fitnessTarek Mounir, who spent many years as a corporate executive, admits he has always dreamt of being an entrepreneur. The former head of Deezer’s Middle...Why Nike, Adidas and Ralph Lauren stuff is getting tougher to findLooking to buy Nike sneakers, Adidas sweats, Crocs clogs, Polo shirts or Canada Goose parkas?You're likely to have better luck these days snagging them from...China anti-graft watchdog investigates China Life Insurance chairmanChina's Central Commission for Discipline Inspection (CCDI) has placed Wang Bin, the chairman of China Life Insurance Co Ltd, under investigation, the bureau said on...PayPal to explore launch of stablecoin amid crypto pushPayPal Holdings is exploring the launch of its own stablecoin as part of its cryptocurrency push, the company has said, confirming the development after evidence...Sustainable fashion: the most important eco certifications and what they meanGiven the high number of certifications and initiatives out there, it is not easy to keep track of them to make more conscious purchasing decisions....3d Concrete Printing Market Report 2022: Industry Overview, Growth, Trends and Forecast Till 20273D concrete printing, also called cementitious 3D construction printing (3DCP), represents a form of additive manufacturing that is used to fabricate buildings and construction components....India on course to regain title of world's fastest-growing economy as spending recoversIndia is set to regain its position as the world’s fastest-growing major economy this year, but any euphoria is likely to be tempered by concerns...Bitcoin volatility continues as it slumps to lowest level since December flash crashBitcoin slumped to the lowest level since its December flash crash as growing expectations of rising borrowing rates weighs on some of the best performing...More high-income earners will be working from home this year, study saysThe shift to remote work for high-paying jobs will accelerate this year, a report shows, in defiance of city officials who are desperate to bring...Free trade deal 'will help UK remain among GCC’s major trade partners'A free trade agreement between the GCC and UK will boost bilateral trade and consolidate Britain's position as the bloc’s third-largest export market globally in...Startup ONE says battery prototype delivered 750-mile rangeOur Next Energy (ONE), a two-year-old Michigan startup, said on Wednesday it had tested a prototype of its new battery in a Tesla Model S,...Walmart to hire over 3,000 US drivers as it expands home deliveryWalmart Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to...GAF Energy releases industry’s latest solar shingle productStandard Industries subsidiary GAF Energy has launched a new line of nailable solar shingles the roofing giant is calling Timberline Solar. The Timberline Solar Energy...The textile and clothing sector is recovering in VietnamAfter an unprecedented wave of layoffs, the sector recovered rapidly in the last quarter by abandoning its "zero-covid" policy.Vietnam, along with Cambodia, Bangladesh and more...Stellantis' Chrysler brand to go all electric by 2028 -executiveAutomaker Stellantis' Chrysler brand said on Wednesday it plans to shift to an all-electric lineup by 2028 and introduce new products, including a utility vehicle,...Tesla says it delivered around 936,000 cars globally in 2021Tesla says it delivered nearly one million vehicles in 2021, almost twice as many as in the previous year, results that were better than expected...Japan PM Kishida vows to lay out 5-year plan to promote start-upsJapanese Prime Minister Fumio Kishida said on Tuesday he will compile a five-year plan to promote start-ups in the country as part of efforts to...Business activity in Saudi Arabia improves in December despite Omicron concernsBusiness activity in Saudi Arabia’s non-oil private sector economy continued to expand in December despite a slowdown in growth as concerns about the rapid spread...What are the best ways to invest your money in 2022?2021 was another great year for investors as the stock market shrugged off concerns about Covid-19 variants and resurgent inflation to fly higher for the...Indonesia will sell octane-88 gasoline only in remote areasIndonesia will continue to sell octane-88 gasoline in remote areas but the dirty fuel will not be available in urban parts of Java and Bali...India's Future Retail asks court to declare arbitration with Amazon illegalIndia's Future Retail has asked a New Delhi court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's antitrust agency had suspended a...Foreign businesses worry as China food import law kicks inGetting wine, chocolate, and coffee into China could get even harder from Saturday, with new import restrictions adding fresh hurdles for foreign companies bringing products...Generation Start-up: how a Jordanian dental technology company is redefining alignersMany people growing up with crooked teeth had only one option to correct them – contraptions of wire, metal brackets and rubber bands.These needed regular...Pakistan annual inflation rose to 12.3% in DecemberPakistan’s consumer price index rose 12.3 per cent in December from a year earlier, according to the country’s official statistics bureau.Edible items were the main...Ikea to hike prices by 9% due to supply chain woesIkea will hike its prices by an average of nine percent this year due to ongoing supply and transportation disruptions, the company that operates most...The euro at 20: how resilient currency united EuropeansLook under old mattresses, put your hands down the sides of second-hand sofas or lift up floorboards in homes across the eurozone and you may...LNG and coal lead 2021 commodities rally as markets keep a close watch on Covid-19Commodity prices from energy and metals to agricultural products rebounded sharply in 2021, with power fuels leading the rally, driven by tight supplies and a...Asia looks to China-focused RCEP trade bloc as it seeks to recover from coronavirusMembers of a China-centred Asian trade bloc that takes effect on January 1 are hoping the initiative, encompassing about a third of world trade and...