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Unprecedented shocks dampen growth in South Asia

TBB BUREAU NEW DELHI, OCT 6, 2022 Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented combination of shocks on top of the lingering scars of the COVID-19 pandemic. Growth in the region is dampening, says the World Bank, underscoring the need for countries to ...

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Bhutan reopens its borders with new tourism strategy

TBB BUREAU MUMBAI, SEPT 23, 2022 The Kingdom of Bhutan today reopened its borders to international guests after the COVID-19 pandemic. The country has unveiled a new tourism strategy, underpinned by transformations in three key areas: enhancements to its sustainable development policies, infrastructure upgrades, and the elevation of the guest experience. Bhutan’s noble policy of High Value, Low Volume tourism ...

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UK celebrates Commonwealth Day-2022 with Odisha

TBB BUREAU BHUBANESWAR/PURI, MARCH 13, 2022 The British Deputy High Commission in Kolkata commemorated the Commonwealth Day 2022 with a friendly Beach Volleyball Match between a joint team of ‘UK in Kolkata’ and Team ‘Odisha Sports’ at the Blue Flag Beach, Puri in a joint collaboration with the Sports & Youth Services Department of Odisha and the Puri District Administration ...

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Singapore Airlines firms up order for seven Airbus A350F freighter aircraft

TBB BUREAU BHUBANESWAR, FEBRUARY 16, 2022 Singapore Airlines (SIA) has firmed up an order for seven Airbus A350F freighters, with options for five more aircraft. The A350Fs will replace SIA’s seven Boeing 747-400F freighters. The Airline will be the first carrier to operate this new generation wide body freighter aircraft when deliveries begin in the fourth quarter of 2025. Airbus ...

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Syngenta Group appoints Feroz Sheikh as Chief Information and Digital Officer

TBB BUREAU BASEL (SWITZERLAND), DEC 6, 2021 Syngenta Group has appointed Feroz Sheikh as Chief Information and Digital Officer, effective January 1, 2022. Sheikh, based in Basel, will join the extended Syngenta Group leadership team and report to the CEO. He is currently the head of digital engineering and data science at Syngenta. Sheikh takes over from Greg Meyers, who ...

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World Bank approves $500mn program to protect India’s informal sector workers

TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks.  Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...

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Satya Nadella appointed as Microsoft Chairman

NEW YORK, JUNE 17           Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman.            “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...

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Cabinet nod for MoU between ICAI and Qatar Financial Centre Authority

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

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