The development follows shareholder approval last month for the £9.9bn ($13.2bn) sale of Schroders to US firm Nuveen.
Bangladesh ranks second globally with 17 IMO-authorised ship recycling yards
Bangladesh has become the world’s second-largest nation for compliant ship recycling following the inclusion of 17 domestic yards in the International Maritime Organisation’s official global list …
Pakistan, EU to hold business forum
Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with European Union (EU) Ambassador Raimundas Karoblis to discuss strengthening Pakistan-European Union economic relations, with a …
China has agreed to address US concerns over rare earth shortages, says White House
By Lewis Jackson and Laurie Chen BEIJING, May 18 (Reuters) – China will address U.S. concerns about shortages of certain specialty rare earths caused by Beijing’s export controls, the White House said …
Sri Lanka imposes 50% surcharge on car imports to protect falling currency
The Sri Lankan rupee has seen over 3 per cent depreciation against the dollar by mid this month due to prevailing external pressures – primarily the Iran war …
Even in North Korea, someone’s in your parking spot
By Ju-min Park, Eduardo Baptista and Brenda Goh BEIJING/SEOUL, May 12 (Reuters) – From famine to nuclear war, North Koreans have had plenty to worry about over the years. Now, the upwardly mobile …
Vietnam, Malaysia promote smart business connectivity
A trade promotion forum held in Kuala Lumpur on May 15 highlighted growing efforts by Vietnam and Malaysia to deepen business connectivity and strengthen integration among enterprises from both …
HSBC highlights BSEZ’s potential in unlocking Bangladesh investment horizons
The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh, in collaboration with Bangladesh Special Economic Zone (BSEZ), recently organised an event titled “Unlocking Bangladesh …
New Zealand keen to continue duty-free market access for Bangladesh after LDC graduation
Muktadir says increasing investment and generating employment opportunities are essential for making Bangladesh’s LDC transition successful …
Business delegation to visit US in August
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh will lead a business delegation to the United States in August this year. Under the FPCCI, the Pakistan-USA …