Terry towel manufacturer has leased to open a US headquarters office in Midtown South. The Trident Global Inc, based in India has signed a 10-year lease for the entire 8th floor Brause Realty’s 320 Fifth Avenue.
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For the first time in six years, the cultivated area for cotton in Punjab during this Kharif season has crossed the mark of 3 Lakh hectares. This marks an increase of 17% as compared to 2020.
The scheme applies to all on-roll employees retrospectively from April 1, 2021. Along with other benefits, dependents will also get insurance benefits where the sum insured is three times the CTC.
For the first time in six years, the cultivated area for cotton in Punjab during this Kharif season has crossed the mark of 3 Lakh hectares. This marks an increase of 17% as compared to 2020.
The price hike in diesel and petrol has caused inflation to increase by 25 to 30% after unlock. From July the rate of textile items will further increase by 10 to 15%.
With the Covid-19 situation in the US under control to some extent, export of readymade garments has risen to the US from various countries. Bangladesh could not take advantage of this and its exports have declined.
As per UNCTAD World Investment Report, 2021, FDI flows in 2020 to developing Asian countries increased by 4% and reached $535 billion while the global FDI dropped by 35% and has reached $1 trillion.