Europe panicked over India’s pharma export curbs
India’s top pharmaceuticals export group said the government’s curbs on some drug exports amid the spreading coronavirus outbreak has caused panic in Europe and will “severely impact” businesses in the sector.
India, the world’s main supplier of generic drugs, has restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seen aimed at tackling possible domestic shortages of medicine during the outbreak, reports Reuters, New Delhi.
Women entrepreneurs in producing jute products
Bangladesh has taken a lead in women empowerment in South Asia as they are showing their competence and courage in starting new jute ventures, contributing to bringing a positive change in society.
“It gives me an immense pleasure whenever I see satisfaction in the eyes of my international buyers,” said Afsoma Asif, a middle-aged women entrepreneur who manufactures and exports diversified jute products.
Soma, who achieved Outstanding Business Woman Award for her innovation in making various diversified jute ...
Soma, who achieved Outstanding Business Woman Award for her innovation in making various diversified jute ...
Saudi-bound passengers to get refund
Biman Bangladesh Airlines will refund to its passengers who, bought tickets for traveling to Saudi Arabia for performing Umrah or tourism purposes, as the Saudi government has imposed a temporary ban on Umrah pilgrims and tourists to stop the spread of coronavirus in the Kingdom.
If the passengers want to travel to Saudi Arabia after withdrawal of the ban, they would be able to get seats, subject to availability, said a Biman press release on Thursday, reports BSS.
However, the passengers who have work permits or employmen...
If the passengers want to travel to Saudi Arabia after withdrawal of the ban, they would be able to get seats, subject to availability, said a Biman press release on Thursday, reports BSS.
However, the passengers who have work permits or employmen...
GE selected to develop power plant in BD
In its continued efforts to provide the most advanced energy solutions to Bangladesh, GE Power (NYSE: GE) today announced that it has been selected by Unique Group, to develop the 600 megawatt (MW) natural gas based combined cycle power plant at Meghnaghat, near Dhaka, Bangladesh. Unique Meghnaghat Power Limited (UMPL) will be executing the project. The power plant will produce power equivalent to the electricity needed to supply about 700,000 homes in the region.
ADB approves $ 500 for BD power plant
The Asian Development Bank's (ADB) Board of Directors has approved a $500 million loan to develop a state-of-the-art 800 megawatt (MW) power plant in Khulna, Bangladesh, along with associated connections to natural gas and power transmission facilities.
"In the face of rising demand for energy in a growing economy, the Rupsha power plant will be the first of its kind in Bangladesh, vastly increasing the availability of efficient and cleaner 
energy," ADB Energy Specialist Aziz Yusupov was quoted as saying in a statement received on...
energy," ADB Energy Specialist Aziz Yusupov was quoted as saying in a statement received on...
BD, Trafigura abandon LNG supply deal
Bangladesh and Swiss trader Trafigura have abandoned the preliminary deal for the supply of 200,000 Mcf/day of regasified LNG following delays in agreeing the terms of the SPA, including the LNG specification and the location for any potential dispute settlement, a senior Bangladesh official said late last week.
Bangladesh was seeking to settle any potential dispute at the Bangladesh International 
Arbitration Center but Trafigura preferred Singapore, state-owned Rupantarita Prakrtitik Gas Company Ltd.'s Managing Director Mohammed Q...
Arbitration Center but Trafigura preferred Singapore, state-owned Rupantarita Prakrtitik Gas Company Ltd.'s Managing Director Mohammed Q...
