Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.
Peshawar
January 15, 2021
PESHAWAR: The SEZ Committee of Rashakai Special Economic Zone on Thursday allocated 40 acres of land to Century Steel (Pvt) Ltd.
The decision was made at a meeting held here on Thursday, said a press release.
The enterprise is owned by M/S Fuzhou Julitaihe International Company; a Chinese conglomerate, engaged in manufacturing and sale of Iron and Steel products internationally. Fuzhou Julitaihe International Company owns steel mills in Indonesia, Myanmar, Cambodia and Ethiopia with a net capacity of 3000 mn tonnes of iron and steel products.
Century Steel Pvt Ltd. plans to invest USD 50 mn and will produce 0.25 mn tons of steel products in their plant in Rashakai SEZ. The project will consume 45 MW electricity and employ 1000 manpower directly and indirectly. Resources from China have been mobilized and Chinese engineers and personnel are setting up a site office to execute the project without delay.
By Timothy W. Martin North Korea sees its nuclear program as essential to regime survival, serving to deter a U.S.-led invasion. Decades of denuclearization talks, economic sanctions and. | January 15, 2021
Positive 2021 growth outlook for A-share market assets By Jiang Xueqing | chinadaily.com.cn | Updated: 2021-01-15 16:38 Share CLOSE An investor checks stock prices at a brokerage in Shenyang, capital of Liaoning province. [Photo provided to China Daily]
Chinese assets have great potential for growth on the A-share market this year due to a likely global economic recovery from COVID-19 and further implementation of the 14th Five-Year Plan (2021-25), said Zhixin Investment Research Institute on Friday. We may see an overall global economic recovery in the second half of this year, as some economies have taken strong measures to control the pandemic and people are gradually receiving vaccines. Economic recovery will lead to improvement in corporate profits, upturns in trade and investment, accelerated international capital flows, and rising investor risk appetite, said Lian Ping, chief economist of Zhixin Investment an
Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.