Home Tags May 2022

Tag: May 2022

Sri Lanka Announced Defaulting On All Its External Debt Officially

0
Eventually, Sri Lanka became a defaulter. In the wake of the unprecedented economic crisis, the Sri Lankan government announced in the month of April...

Bank Asia Has Been Awarded Certificate of Appreciation by Bangladesh Bank

0
Bangladesh Bank has awarded Bank Asia a ‘Certificate of Appreciation for its significant disbursement of stimulus loan under a special refinancing scheme of Tk....

Bangladeshi Entrepreneur Built Maldives’s First Agricultural School

0
Ahmed Mottaki, a Bangladeshi entrepreneur, has established the Maldives' first "School of Agriculture" at MI College, an international educational institution. This is the Maldives'...

McDonald’s Permanently Exiting in Russia

0
America's fast-food behemoth McDonald's began selling its hundreds of outlets in Russia, joining a growing list of Western corporations abandoning the Russian market due...

New Sri Lanka PM Selling Airlines 

0
Sri Lanka's new administration intends to sell the national airline to reduce losses for stabilizing the country's finances, even though the government is compelled...

HSBC to Provide $1bn Loan to Women Entrepreneurs

0
HSBC Holdings, the most extensive banking and financial services institution globally, is bringing investment benefits to women entrepreneurs. The company has recently announced a...

Rumee A Hossain Re-elected as Board Executive Committee Chairman of Bank...

0
Mr. Rumee A Hossain has been re-elected as the Chairman of the Executive Committee of the Board of Directors of Bank Asia Limited in...

Reliance To Purchase Dozens of Brands For $6.5bn

0
Reliance, India's largest retailer, plans to buy a few brands of non-food products, including dozens of grocery stores, soon. The company plans to open...

Alibaba Laid Off 40% Russian workers

0
Alibaba Group has laid off 40 percent of its workers as the Ukraine crisis has disrupted cross-border trade. In addition, AliExpress, a joint venture...

Toyota Suspending Production at Eight Factories in Japan

0
Toyota is suspending 14 production lines at eight factories in Japan. The prolonged COVID-19 lockdown in Shanghai, China, has made it difficult for the...