Oil Markets Enter New Phase: Iran War Now A Sustained Energy Crisis
Oil markets have entered a sustained crisis phase as Iran war widens to Yemen and Saudi pipeline disruptions, with global crude inventories down 507 million barrels since February.
39 news articles tagged with "Textile Export"
Oil markets have entered a sustained crisis phase as Iran war widens to Yemen and Saudi pipeline disruptions, with global crude inventories down 507 million barrels since February.
Finance Minister Amir Khosru has warned defaulting insurance companies to settle claims or sell assets, citing 57% unsettled claims and announcing plans for insurance law amendments.
Bangladesh plans to add a third FSRU before 2028 and drill 300 new gas wells in two phases, with solar energy getting highest priority in diversified power generation, says Mahdi Amin.
Prime Minister Tarique Rahman assured business leaders that gas and electricity supply to industries would improve from September 15 evening following resolution of LNG terminal disruption.
21 Bangladesh banks face a combined capital shortfall of nearly Tk 3 lakh crore, with banking sector CRAR at negative 3.17%, far below the international minimum of 12.5%.
A technical fault at the Adani Jharkhand plant has cut Bangladesh's imported power supply by more than half, exacerbating the country's ongoing power crisis driven by gas and coal shortages.
Bangladesh's economic malaise reflects a multidimensional plunder economy where extortion, bank looting, political patronage and capital flight reinforce each other, argues economist Abdullah A Dewan.
26,056 Sammilito Islami Bank customers withdrew Tk1,040cr in 3 days (7-9 Sept). 58,745 applied for Tk3,304cr total. 31.5% paid so far. Bank continues receiving fresh deposits of Tk141-195cr per day.
BAJUS has cut 22-carat gold price by Tk 2,158 per bhori to Tk 2,31,880, the latest in 114 price adjustments this year reflecting volatile global gold market conditions.
The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and India's TEXPROCIL (Cotton Textiles Export Promotion Council) have signed a memorandum of understanding to strengthen bilateral textile trade between the two countries.
Zaber & Zubair Fabrics Limited, a global leader in sustainable and innovative textile solutions, has organised the 18th edition of its signature Fabric Week, showcasing the Autumn Winter 27/28 collection with 290 fabric qualities including 50 pioneering textile innovations.
Bangladesh has introduced automated Account Verification System for savings certificates and bonds, with 9 of 11 national savings schemes now processed automatically for 39 lakh+ customers.