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Emirates, Mexico’s Interjet announce enhanced interline agreement

Emirates will launch its new daily service from Dubai to Mexico City International Airport, via the Spanish city of Barcelona, starting from 9 December 2019. Meanwhile, Emirates and Interjet Airlines, one of the fastest growing airlines in North America, have...

The Indian rupee will not recover lost ground in the coming year, according to a Reuters poll of currency strategists who are more pessimistic than last month amid doubts over any kind of trade truce between the United States and China. Most emerging markets currencies have depreciated against the US dollar, hurt by the tit-for-tat trade war between the world’s two largest economies, and there are scant signs of a resolution anytime soon. Also weighing on the currency’s outlook, the Reserve Bank of India has cut its key interest rate by 135 basis points so far this year to support a slowing economy. It is expected to cut the repo rate by another 25 basis points to 4.90 per cent...

58 new RMG units set up in Jan-Oct 2019

The entrepreneurs have made fresh investment to set up 58 new garment factories since January to October this year while 60 units faced shutdown, according to BGMEA information. Industry insiders said the new ones are coming up with safety compliance...