Berger Paints to Invest ₹340 Crore in UAE for New Plant
Berger Paints Emirates Ltd Co, a step-down subsidiary of Asian Paints Pvt Limited, Singapore, has announced that it will set up its second paint manufacturing plant in the UAE. The company has pledged an investment of AED 140 million, which is approximately ₹340 crore or $38.12 million. According to Berger
Outmaneuvering Global Constraints
Trade sanctions are increasingly used as geopolitical tools, targeting critical economies and industries. For Asian businesses, the intricate web of sanctions creates challenges and opportunities for strategic realignment. The pivot from “instructional guidance” to “directional guidance” has shifted the compliance burden onto companies. Moreover, Trade sanctions have surged in complexity,
Benevolent or Malevolent?: Why Does The IMF Support Financially Weak Asian Nations?
According to IMF financing and debt service relief, the International Monetary Fund extended $244 million to Bangladesh in 2020, $248.27 million to Myanmar in 2021, and even lent to other Asian nations. It further mentioned that the IMF assisted with $2,622.78 million to Asian nations from 2020 to 2021. However,
