The Covid-19 pandemic has reversed Bangladesh's steady trend of poverty reduction which had continued over the past two decades, according to a new report of the World Bank. It also said 30 percent of the country's population was below the poverty line. The WB report said the government responded to the economic shock from the pandemic proactively, announcing a Covid-19
Mitsubishi Power to Restructure the Domestic Locations for Its Boiler Business
- Boiler manufacturing function to be consolidated at Nagasaki Works -
YOKOHAMA, Japan, Feb 4, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has decided to restructure the domestic locations for its boiler business. Since the predecessor of Mitsubishi Power, MHPS, was established in 2014, the boiler business has continued to operate two plants in Japan, Nagasaki Works and Kure Works. The industry has experienced sweeping changes in the market demand for coal-fired power generation that has led to a sharp contraction in new plant construction. Addressing the market situation, Mitsubishi Power will consolidate the boiler manufacturing function of new construction and after-sales service, as well as the new facility design and the construction function, at the Nagasaki Works. At the Kure Works, management resources will be shifted to the boiler design an