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War Risk Insurance: Uniting for a common goal

Director-General, NIMASA, Bashir JamohThe reason underwriting firms around the world have given for the very high premium (the highest in the world) they place on cargoes coming to Nigeria has been the perception of the Gulf of Guinea as the most unsafe and least secure maritime environment in the world. This has seen Nigerians paying very exorbitant costs for imported goods and raw materials, for the simple reason that about 65 per cent of the merchandise that passes through the region come into the country. What this means is that for each imported product; for each made-in-Nigeria product manufactured with imported raw materials, Nigerians pay a high price because of the insecurity in the Gulf of Guinea.

Bangladesh exports up 15% as global demand for garments rebounds

By Syndicated Content By Ruma Paul DHAKA (Reuters) – Bangladesh’s exports jumped 15% to $38.76 billion in the financial year ended June, data showed on Tuesday, led by a rebound in demand for garments as Western economies recovered. The world’s second-largest apparel producer after China took a roughly $6 billion hit in the 2019-20 financial year, with overseas apparel sales falling 18% to $27.94 billion. Garment exports rose 13% to $31.5 billion in 2020/21 from a year earlier, thanks to a 21% surge in overseas sales of knitwear products such as t-shirts and sweaters, but were 7% below the pre-pandemic period of 2018-19 financial year, the Export Promotion Bureau said.

Fuel price hike hits MSMEs revival hopes | Coimbatore News

Coimbatore: The constant hike in fuel prices has hit the micro, small and medium enterprises (MSMEs) in the district hard at a time when they are struggling to remain afloat after the lockdown-induced shutdown for nearly two months. On Tuesday, petrol and diesel prices shot up to Rs 101.27 and Rs 94.44, respectively, in the district. J James, district president, Tamil Nadu Association of Cottage and Tiny Enterprises, said the hike in fuel and raw materials had dealt a big blow on the MSMEs, which were struggling to revive from the impact of the lockdown. Pointing out that most of the raw materials were brought to the city from other states, especially northern parts of the country, he said the transportation charges had doubled in the past two years.

Biopharma and the life sciences ecosystem: foundations for a productive partnership

Biopharma and the life sciences ecosystem: foundations for a productive partnership
europeanpharmaceuticalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europeanpharmaceuticalreview.com Daily Mail and Mail on Sunday newspapers.

Autoabsatz: Autobauer melden Rekorde - Verband bleibt zurückhaltend

Autoabsatz: Autobauer melden Rekorde - Verband bleibt zurückhaltend
aachener-nachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aachener-nachrichten.de Daily Mail and Mail on Sunday newspapers.

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