Bangladesh garment exports rebound from coronavirus crunch

first_imgThe reinstatement of cancelled orders from retail titans including H&M, Primark and Walmart has revived the industry even though Bangladesh is still suffering from the pandemic, BGMEA spokesman Khan Monirul Alam Shuvo told AFP.Some companies say they are now looking for thousands of workers to cope with new orders. The association said in April that western retailers, who normally buy around $30 billion worth of garments each year, cancelled $3.2 billion-worth after the virus forced stores to shut down.Shipments collapsed 83 percent in April and more than 50 percent in May.  Bangladesh’s crucial textile industry saw a sharp rebound from the coronavirus crisis in August, with exports surging nearly 50 percent as factories swung into full gear to meet orders from global retailers, officials said Tuesday.Shipments of ready-made clothes hit $3.3 billion, up from $2.3 billion a year earlier, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said.The garment industry is the cornerstone of the economy in Bangladesh, the world’s second largest exporter of the goods after China.  “Some 80 percent of those orders have since been reinstated,” Shuvo said. “Still, we have to wait another five months to see a clear picture.”Because of the pandemic, Bangladesh closed factories for one month from March 26. The 4,500 garment factories employ more than four million workers — about two-thirds of them women — and hundreds of thousands were laid off.Hannan Group, which exports high-end fashion to brands such as Esprit and Casamoda in Europe, said it has recruited nearly 1,600 workers in the past two months.”I think the worst is over. Some retailers have placed new orders and revived some old orders. We need new workers to make the shipment deadline,” Hannan chairman A.B.M Shamsuddin, whose companies employ 12,000 people, told AFP.center_img Topics :last_img read more

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Gov. Wolf Announces Online Vehicle Sale Process, Construction Restart Date, PLCB Curbside Pick Up

first_img Economy,  Press Release,  Public Health Governor’s Business AmendmentHealth Secretary’s Business AmendmentOnline Car Sales GuidanceUpdated Industry Operation GuidanceUpdated Industry Operation FAQGovernor Tom Wolf announced three actions including online sales of vehicles, which will be enabled by the signing of SB 841, restart of construction projects statewide starting Friday, May 8, and curbside pickup of wine and spirits at select Pennsylvania Liquor Control Board locations.“Over the past six weeks, Pennsylvanians have come together like never before to halt the spread of COVID-19,” said Gov. Wolf. “It has not been easy, but it has paid off. Today, we are taking small steps toward a degree of normalcy. We are allowing curbside pickup of phone orders at PLCB stores and auto sales will be allowed to take place online. On May 8, construction will resume statewide.“I want to caution that we will not be resuming operations as they were in February. We’re going to continue to take precautions that limit our physical contact with others, and we will closely monitor this to see if it can be done safely.”These limited steps forward will be closely observed in the coming days and weeks to ensure that they do not result in a rapid increase in COVID-19 cases, in which case the governor will use his authority under the emergency disaster declaration to resume restrictions to protect public health and safety.Vehicle Sales May Be Conducted OnlineThe governor will sign Senate Bill 841 later today that approves qualified Pennsylvania notaries public to perform remote online notarizations, which will allow auto dealerships to conducted limited car sales and leasing operations through online sales, as a notary is required to complete the transaction. Auto dealerships may continue to remain open for certain activities, such as repairs to passenger and commercial vehicles and sales of auto parts, but in-person car sales or leases are still considered non-life sustaining and remain prohibited at this time.Construction With Strict Guidelines Resumes Friday, May 8Public and private residential and non-residential construction may resume statewide starting Friday, May 8, in accordance with safety guidance that will be issued by the administration shortly. Construction projects already deemed life-sustaining may continue while adhering to social distancing, personnel limits and other guidance as announced by the administration.PLCB Begins Limited Curbside PickupThe Pennsylvania Liquor Control Board (PLCB) today began accepting orders by phone for curbside pickup at 176 locations. Phone orders can be placed between 9 a.m. and 1 p.m., or until reaching a store’s maximum order capacity each day. Curbside pickups will be scheduled from 9 a.m. to 6 p.m. within a few days of order placement. Callers will be guided through each store’s unique inventory. There is a limit of six bottles per order, and credit cards are the only accepted form of payment. At pickup, customers will be required to present identification before the order is delivered.The PLCB website lists the stores offering curbside pickup. PLCB anticipates expanding the service at more locations in the future. The PLCB website, FineWineAndGoodSpirits.com, is also increasing order capacity.Curbside sales at Fine Wine and Good Spirits Shoppes will serve as a guide to determine whether certain other non-life-sustaining businesses may be able to resume limited operations through curbside pickup, which is currently only permitted for life-sustaining businesses that offer food and pharmaceuticals.The Administration will monitor the implementation of curbside pickup including the safety of the supply chain to determine if broader curbside pick up can be done safely and effectively to provide goods and services, while still limiting the amount of person to person contact not just at retail locations but throughout the supply chain.For the most up-to-date information on COVID-19, Pennsylvanians should visit https://www.pa.gov/guides/responding-to-covid-19/.View this information in Spanish. April 20, 2020 Gov. Wolf Announces Online Vehicle Sale Process, Construction Restart Date, PLCB Curbside Pick Upcenter_img SHARE Email Facebook Twitterlast_img read more

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Revised FTK will provide ‘clear rules’ on indexation, reduce contribution volatility

first_imgTo keep salary costs stable for employers, and maintain purchasing power of participants, the new FTK would provide for a steady cost-covering contribution, based on the 10-year average of interest rates, or on estimated returns, Klijnsma said.However, a pension fund which picked the latter option would be required to include the costs of indexation in their premiums.The new FTK will also include steering instruments to limit pension funds’ exposure to daily changing discount rates, said the state secretary. For example, schemes would be allowed to use 12-month average rate to calculate of their coverage ratio.In addition, the Cabinet would discuss with the pensions sector how defined contribution plans could also be enabled to share risks collectively, she made clear. Klijnsma added that that Cabinet would start a broad dialogue with society about the long-term future of the pensions system. As part of the process, the Social and Economic Council (SER) would be requested to advise on the future of additional pensions. The Pensions Federation welcomed the FTK proposals, as it would decrease volatility of funding and would allow to more evenly distribute the impact of market shocks on pension benefits.However, it voiced concerns about the way the FTK is to balance the approach across generations.The envisaged rules, based on macro calculations, could turn out to be unbalanced for individual pension funds, it argued, underlining that a balance between the generations must be based on an overall solution, rather than on a single element in a pension plan.In its opinion, individual pension funds should be allowed to take their own decisions, based on their specific characteristics.The Federation further called for solutions to limit the volatility of the current risk-free discount rate, a source of instability to the pension system over the course of the last few years.In a joint statement, supervisors DNB and AFM cited increased shock resistance, stability, transparency and balance of the pension system, as the most important improvements in the proposed new FTK rules.However, they expressed disappointment that the option of cushioning premium levels based on estimated returns remained. They noted the uncertainly of achieving expected returns and argued that this could affect pension benefits.In their opinion, the approach was at odds with the benefit-based contract of the defined benefit schemes that still dominated in the Netherlands.Both supervisors urged Klijnsma to focus on a quick introduction of the new FTK, and indicated that they were confident that pension funds would be able to cope with a short implementation period. The new rules are scheduled to come into force as on 1 January 2015.In a preliminary response, the €300bn civil service scheme ABP noted that the new FTK proposals hardly offered opportunities to achieve its indexation target. “The new contract looks like a stricter version of the current nominal one,” it said.Peter Borgdorff, director of the €137bn healthcare scheme PFZW added: “Compared with previous proposals, the current ones are an improvement, but they are not sufficient yet.”“For example, it is stil unclear whether we will be allowed to invest as we think is necessary for the pensions we want to provide,”  he said.Also in a joint statement, the lobbying organisations for the elderly associations (CSO) and pensioners’ associations (KNVG) said they were afraid that the new rules would limit indexation.They called for an additional pension contract, that would allow pension funds to invest actively in order to increase the chances of indexation, while offering less certainty for future pensions.CSO and KNVG also underlined the importance of the same discount rate being applied for both pension contributions and liabilities. The new Dutch financial assessment framework (FTK) is to provide “clear rules” for dividing up indexation of pensions between younger and older workers to prevent disproportionate redistribution between the generations, the Dutch ministry of Social Affairs has announced. As a consequence, any potential windfall would not be able to redistributed immediately, the ministry said in a clarification of the FTK proposals. The proposals have now been put to the Council of State (RvS) for a legal assessment, before being presented to Parliament and fully published.According to Jetta Klijnsma, the secretary of state for Social Affairs, financial shocks or rising life expectancy, must trigger immediate rights cuts, but these may be spread out over a 10-year period, to avoid sudden discounts.She said that under the new rules, pension funds must also clarify in advance any measures to be taken in case of a big funding drop.last_img read more

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Indian PM describes Nelson Mandela as shining beacon of democracy

first_imgIndian Prime Minister Narendra Modi on Saturday described South Africa’s anti-apartheid icon Nelson Mandela as a “shining beacon of democracy”.“Remembering the apostle of peace, a shining beacon of democracy and a champion of equality, the beloved Madiba on Nelson Mandela Day,” Modi said.The Indian prime minister was paying tribute to the late South African president on the occasion of his birth anniversary.Mandela’s birthday on July 18 was declared by the United Nations in 2009 as Nelson Mandela International Day in recognition of his contribution to peace and freedom.last_img read more

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‘Asin’ task force urged Antique LGUs to monitor salt distributors

first_imgAfter a feedback session with therepresentatives of the Provincial Health Office, Office of the Municipal Mayorof Sibalom and the Municipal Rural Health Office, the task force urged saltdistributors to secure their permits with the Food and Drug Administration(FDA). The RBATF under the Regional NutritionCommittee, recently monitored salt distributors in Sibalom, Antique to checktheir compliance of the Republic Act 8172, or an Act promoting Salt IodizationNationwide, that ensures the proper storage and selling of salt fortified withiodine.     Members of the Regional Bantay Asin Task Force recently monitored storage areas of salt distributors in Sibalom, Antique. PIA-ANTIQUE SAN JOSE, Antique – The RegionalBantay Asin Task Force (RBATF) urged the local government units here to monitortheir local salt distributors to ensure their compliance with the setstandards.   The inter-agency task force iscomposed of representatives from the FDA, the departments of Science andTechnology, Public Works and Highways, Agriculture, Health, the National FoodAuthority, Philippine Information Agency, and the Regional Nutrition Council.(With a report from Pilar Mabaquiao/PIA-Antique/PN)last_img read more

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Dakota Fraley-Bush

first_imgDakota Fraley-Bush, 25, of Patriot passed away Wednesday in Madison County. He was born at the Dearborn County Hospital in Lawrenceburg on November 16, 1993 the son of Jeremy Bush and Vanessa Fraley. Survivors include his father Jeremy Bush (Pauline Tyler) of Holton, his mother Vanessa (Shaun) Roll of Patriot; two sisters Janelle (Joshua Hill) Seabolt, and Heather (James) Sykes both of Madison; one brother Derick Fraley of Waukee, Iowa; maternal grandparents Virginia Blair of Holton and Vicki Fraley of Aurora; his aunt Mari Jo (Steve) Butler of Columbus; nieces Lea Kay Moore, Bristol Lou Hill, Hailee Jackson, Jamari Johnson-Sykes, and nephew Jeffrey Jackson, Jr.. He was preceded in death by his grandparents Bill and Laura Mae Bush, Michael Fraley, and his uncle Randy Bush. Mr. Fraley was a 2011 graduate of South Ripley High School. Funeral services will be held on Tuesday, July 2nd at 1pm at the Stratton-Karsteter Funeral Home in Versailles with Pastor Scott Kollman officiating. Burial will be in the Hopewell Cemetery. Visitation will be on Tuesday from 11am until time of services. Memorials may be given to Habilitat in Hawaii or the Hopewell Cemetery in care of the funeral home.last_img read more

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Rodgers: We’re on road for title

first_imgLiverpool manager Brendan Rodgers argues his side are far from the finished article but he believes they are on the road to winning the title. “We are nowhere near the finished article but while we are learning and improving we will hopefully continue to pick up the points. “We are enjoying the moment and the football. We still have a hell of a way to go to be near where I want us to be but we are certainly making strides and are on the right path. “It is by no means the finished article but we are evolving and I take great pride in that. “It is (about developing) a consistency and it is doing it year after year. I feel there is still quite a lot of improvements to make. “We have been asked questions in games and have come through and I am sure we will be asked many more questions.” Questions are currently being asked about Liverpool’s defence after they conceded three at second-bottom Cardiff on Saturday, but Rodgers insists it is “lazy” to suggest they concede cheap goals. He points to the success they have had in attack – they are the Premier League’s top scorers with 82 and in Luis Suarez (28) and Daniel Sturridge (19) they have the top flight’s two leading marksmen. And while the Reds may be regularly blowing opponents out of the water with their firepower, Rodgers insists he is not hell-bent on racking up a record total of goals. Press Association He accepts that may not be this season – although sitting in second place four points behind Chelsea with a match in hand and Jose Mourinho’s team still to visit Anfield gives them their best chance in years – but thinks everything is in place for it to happen. “We haven’t won it for a long time and it may or may not be this year but there is no doubt we are on the right road to winning a title here,” said the Red boss. “I am happy to win 1-0 but sometimes even the best teams will concede goals. It’s lazy to say we concede cheap goals,” he added. “The aim is to win playing attractive football. I’m not thinking about (100 goals) that is not the mentality, our mentality is to win and I’m just thinking about winning the next game. “We have the quality to score goals and people are probably looking at that (100) as a target, which shows the monumental development which has been made here. “We go into every game with great optimism that we can attack but there has to be a balance: to press the game hard when we haven’t got it and when we have it to be creative. “But the 82 goals shows the confidence we have. If we maintain that, we will win many more games. “Every manager will tell you if you come up against an opponent who shows no fear in their game and can flood forward in numbers and get goals that is always what can make you think and you know you need to set your team up to counter that.” Sturridge, with 33 goals in 42 games since signing from Chelsea in January 2013, has been a key part in that attack and has probably exceeded expectations in his short time at Anfield. He is one of the players who is expected to be rewarded with a new contract – Suarez signed his in December – but that will not happen until the end of the season. “There will be no contracts talked about until the summer, our focus is the club and not any individual whether it is the player or the manager,” said Rodgers. “Come the summer I’m sure there will be a number of contracts that will be looked at to retain services. “Daniel has been outstanding since he came here and I am sure the owners may well look at that come the summer but he has shown the consistency for over a year to be a world-class striker.” Further down the club, however, there are contracts to be signed and academy midfielder Jordan Rossiter has signed his first professional contract on his 17th birthday. last_img read more

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Sunday Time Schedule

first_imgTampa Bay at Detroit, 5 p.m.St. Louis at Chicago, 7 p.m.Vegas at Calgary, 7 p.m.Minnesota at Anaheim, 9:30 p.m.Columbus at Vancouver, 10 p.m. Hoag Classic, Newport Beach CC, Newport Beach, Calif. (Champions Tour)Arnold Palmer Invitational, Bay Hill Club and Lodge, Orlando, Fla. (PGA Tour)Men’s golf, European PGA, Qatar Masters, Doha. (European Tour)WTA, Open 6ème Sens-Métropole de Lyon (France) Colorado at San Jose, 10 p.m.Nashville SC at Portland, 7 p.m.Philadelphia at Los Angeles FC, 10:30 p.m. No. 9 Maryland vs. No. 25 Michigan, noonNo. 16 Michigan State vs. No. 19 Ohio State, 4:30 p.m.No. 18 Iowa vs. 23 Illinois, 7 p.m.No. 21 Houston vs. Memphis, noon March 8, 2020 Sunday Time Schedule Milwaukee vs. Oakland at Mesa, Ariz., 4:05 p.m.L.A. Angels (ss) vs. Cincinnati (ss) at Goodyear, Ariz., 4:05 p.m.L.A. Angels (ss) vs. Milwaukee at Phoenix, 4:05 p.m.Chicago White Sox (ss) vs. San Diego at Peoria, Ariz., 4:10 p.m.Cleveland vs. Colorado at Scottsdale, Ariz. 4:10 p.m. Cincinnati (ss) vs. Chicago Cubs (ss) at Summerlin, Nev., 4:05 p.m.L.A. Dodgers vs. Texas at Surprise, Ariz., 4:05 p.m.Seattle vs. San Francisco at Scottsdale, Ariz., 4:05 p.m.Arizona vs. Chicago Cubs (ss) at Mesa, Ariz., 4:05 p.m.Kansas City vs. Chicago White Sox (ss) at Glendale, Ariz., 4:05 p.m. No. 1 South Carolina vs. No. 9 Mississippi State, 2 p.m.No. 2 Baylor vs. Iowa State, 1 p.m.No. 3 Oregon vs. No. 7 Stanford, 8 p.m.No. 5 UConn vs. South Florida, 4 p.m.No. 6 Maryland vs. Ohio State, 6 p.m.center_img Associated Press No. 10 North Carolina State vs. No. 22 Florida St., noonNo. 18 DePaul vs. Seton Hall, 6 p.m.NASCAR Monster Energy, FanShield 500, Avondale, Ariz. Oklahoma City at Boston, 6 p.m.Milwaukee at Phoenix, 6 p.m.Miami at Washington, 7 p.m.Indiana at Dallas, 7 p.m.Orlando at Houston, 7 p.m. WTA, Abierto GNP Seguros, Monterrey, MexicoMinnesota vs. Boston at Fort Myers, Fla., 1:05 p.m.Detroit vs. Washington at West Palm Beach, Fla., 1:05 p.m.Atlanta vs. N.Y. Yankees (ss) at Tampa, Fla., 1:05 p.m. Miami vs. St. Louis at Jupiter, Fla., 1:05 p.m.Pittsburgh vs. Tampa Bay at Port Charlotte, Fla., 1:05 p.m.N.Y. Yankees (ss) vs. Baltimore at Sarasota, Fla., 1:05 p.m.Philadelphia vs. Toronto at Dunedin, Fla., 1:07 p.m.Houston vs. N.Y. Mets at Port St. Lucie, Fla., 1:10 p.m. San Antonio at Cleveland, 7:30 p.m.Detroit at New York, 7:30 p.m.Toronto at Sacramento, 9 p.m.Carolina at Pittsburgh, 1:30 p.m. Share This StoryFacebookTwitteremailPrintLinkedinRedditChicago at Brooklyn, 3 p.m.New Orleans at Minnesota, 3:30 p.m.L.A. Lakers at L.A. Clippers, 3:30 p.m.last_img read more

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Wisconsin victorious in home finale

first_imgSenior guards Trevon Hughes and Jason Bohannon, playing in their final regular season game, led the Badgers over the Hawkeyes.[/media-credit]On a night that ended with a tribute video to honor senior guards Trevon Hughes and Jason Bohannon, junior forward Jon Leuer put on a spectacular display that might end up filling his future highlight reel all on its own.Playing their final game of the season at the Kohl Center, the Wisconsin Badgers throttled Iowa in all facets of the game en route to a 67-40 win. The Badgers racked up a better shooting percentage, more rebounds and more assists, as well as more blocks and steals.At the very least, Iowa only committed six fouls to Wisconsin’s 10 in 40 minutes of action.Leuer led the way for UW, pumping in an efficient 18 points on 8-of-9 shooting, and anchored the paint defensively with three blocks and numerous alterations.Four games back from a wrist injury, Leuer put an exclamation point on his complete return to pre-injury form with three emphatic dunks throughout the contest.“I think each game he has looked a little bit more comfortable,” UW head coach Bo Ryan said. “In recognizing game speeds and reactions and things like that. Some people would say — well you didn’t play a big team, or this or that — and I know that is all part of it… if he is comfortable, and he is in a rhythm, he can be a pretty good player.”Most impressively, Leuer’s points came in a variety of spots. The junior forward found two easy dunks rolling off a ball pick, threw down another slam after Hughes found him trailing on a fast break and worked in the post for several jump hooks and turn-arounds.Using every inch of his 6-foot-11 height, Leuer scored at will over the smaller Iowa post defenders.“My teammates were just finding me when I was open, and it makes it a lot easier to score when you have guys doing that,” Leuer said. “It was unselfish play.”Though the game started slow — UW only led 12-10 seven minutes in — the Badgers exploded for 18 straight points to stretch the margin to 20 in a little under eight minutes.Leuer scored 10 straight during the run on two flushes at the rim and two deep three-pointers.Hawkeye head coach Todd Lickliter said trailing by so much so early was too much pressure for his team to handle on the road.“We just panicked, and when you panic against Wisconsin, you are in big trouble,” Lickliter said. “We had this stretch where they got easy scores, and we got anxious and got in a hurry. And that plays right into their hand.“They build a lead and you probably are not taking it back because they aren’t going to throw it away. They are going to continue to work the clock and probably get the shot they want.”Leading by 20 with six minutes left in the game and up 36-16 entering halftime, the Badgers put it on cruise control for the rest of the night.Bohannon and Hughes both reached double-digit point totals, and the team as a whole shot 54 percent from the field.Working the ball inside through post touches and dribble drives, the Badgers attempted 39 two-point field goals to only 12 three-point looks — a departure from UW’s reliance on the long ball for much of Big Ten play.Wisconsin also clamped down defensively on the overmatched Hawkeyes, holding Iowa to 37 percent shooting and corralling leading scorer Matt Gatens to a mere seven points.“It’s obvious how good Wisconsin is. They’ve been ranked most of the year, and they’re just an excellent team,” Lickliter said. “When (Jon) Leuer goes 8-9… they’ve just got so many guys. They have five guys who have scored over 20 points. They’re very well-schooled.”last_img read more

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Voter turnout drops in USG elections

first_imgVoter turnout was down in this year’s Undergraduate Student Government election by 39 percent, according to Associate Director of Election and Recruitment Logan Dallas. Dallas announced during the election results on Tuesday that 3,700 votes were cast in this election, compared to last year’s election, where 6,027 votes were cast.Dallas mentioned the shortened campaign. The 2015 race lasted three weeks, instead of the two weeks we saw this year. Dallas said it was a reaction to the oversaturation experienced by students in 2015.“Firstly, we had a shorter campaign as reaction to last year’s Rini vs. Providence Campaign,” Dallas said. “We got a lot of feedback from organizers and people running campaigns that the elections needed restructuring. Students were being bombarded.”Dallas also mentioned the reduced competition this election year, leading to a lack of motivation for voters.“This year, people weren’t as fired up.” Dallas said. “Maybe because the candidate tickets are quite similar.”Student sentiment echoes Dallas’ theories. Carlotta Gartner, a junior majoring in business administration, did not vote in the election. She said the USG election was not a priority to her or her peers.“I saw it outside, but honestly, I’m not really interested.” Gartner said. “I never really discuss it with other students; it didn’t seem like a big discussion in class or with my friends.”Matteo Tanaka, a sophomore majoring in computer engineering and computer science, did vote in the election. Yet his interest was fleeting. Tanaka picked the ticket he was exposed to most.“I chose them because I saw their posters the most,” Tanaka said. “I was aware that [the elections] were coming, but I didn’t know when. I just happened upon them on the way home.”Tanaka commented on the importance of the election to the average student and the lack of effect it has on the student body.“No one’s really interested; no one really sees the value,” Tanaka said. “The student body president isn’t an immediate concern. It doesn’t seem to have a direct effect on you personally.”Editor’s Note: A previous version of this article contained a misspelling. It is “student body president” not “study body president.” The Daily Trojan regrets the error.last_img read more

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