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Tax and customs incentives to attract fo...

Okaz/Saudi Official Gazette Riyadh — The National Incentives Committee revealed that the committee would provide financial and non-financial incentives for investment projects to empower, promote, encourage and attract local and foreign investment. The committee will focus on providing tax and customs incentives; incentives linked to financial compensation depending on the type of economic activity; incentives […]

India’s investments in AI will exceed $8

Investment in India’s Artificial Intelligence (AI) capabilities is growing at a CAGR of 30.8% and is expected to reach $881 million by 2023, according to the latest AI Adoption Index report. ‘AI by NASSCOM. Global investment in AI has doubled over the past year, but India’s share of global investment remains […]

Investments in technology are stepping s...

By Danny Hudson, CPG & Retail Director, FarEye ESG or environment, social and governance – no longer a buzzword in corporate circles, it has gradually become a guiding principle behind how companies around the world shape their business strategy. Climate change and social unrest have made businesses realize that they can no longer operate in […]

UX is key to retaining investment from N...

New Zealand millennials are a promiscuous bunch, relying on a growing number of different types of providers for their investment needs. Retaining this segment is critical as competition for wallet share is on the rise. by GlobalData Financial Services Consumer Survey 2022 found that baby boomers use an average of 1.4 types of providers. Among […]

Odu’a Investments holds its 40th general

The 40th Annual General Meeting of Odu’a Investment Company Limited (OICL) will be held on Wednesday 22 June 2022 at Osun Hall at the Lagos Airport Hotel, Ikeja, Lagos. According to a statement signed by the head of brand and communications, Victor Ayetoro, the company during the meeting will present the audited financial accounts for […]

The SMIC considers investments in foreig...

SM Investments Corp. (SMIC) established a wholly owned subsidiary in Singapore to invest in overseas companies. In a disclosure on Friday, the Sy family-run conglomerate announced the formation of SMIC SG Holdings Pte. ltd. “The company has been incorporated as an investment holding company for potential minority stakes in foreign companies,” the listed company said. […]

Senate confirms 2 SEC commissioners

The Senate on Thursday confirmed in separate votes Jaime E. Lizarraga and Mark T. Uyeda as SEC commissioners. Mr. Lizarraga, senior adviser to House Speaker Nancy Pelosi, D-Calif., will take the seat currently held by Commissioner Allison Herren Lee. Ms Lee, a Democrat whose term expires in June, announced on March 15 that she would […]

Launched Aman Investment Fund “Youm-B-Yo

Moghazy: AMAN is keen to promote the concept of cashless economy through reliable and advanced financial services, to better reach the unbanked savings activities among them, aligning with the initiatives of the CBE and The FRA Al-Khatib: YOUM-B-YOUM service significantly improves the facilitation of the savings process, as one only needs the national ID card […]

Panels of EU lawmakers oppose ‘green’ la

By Kate Abnet BRUSSELS (Reuters) – Two European Parliament committees on Tuesday backed a bid to block the EU from qualifying gas and nuclear power as climate-friendly investments, paving the way for a full vote by parliament on whether to reject the rules next month. Parliament’s environment and economy committees have backed a resolution that […]

China Renaissance plans investments in t...

RIYADH: The International Finance Corporation, a member of the World Bank Group, is open to investing and supporting the fintech sector in Saudi Arabia as it plans to expand its existing portfolio worth $8 billion invested in the Kingdom, a senior official said. In an exclusive interview with Arab News, Hela Cheikhrouhou, IFC Regional Vice […]

Investments by banks reached 83.9 billio...

The banks’ investment portfolio at the end of April 2022 remained in favor of long-term debt instruments (securities). This is a response to higher interest rates on long-term instruments relative to rates on money market instruments. According to Bank of Ghana data, the share of securities increased to 78.4% in April 2022 from 71.6% in […]

Our years of investing in innovative tec...

By Dipo Olowookere Ecobank Group Chief Executive, Mr. Ade Ayeyemi, expressed satisfaction with the performance of the financial institution, saying that “years of consistent and disciplined management, decisive action, investment in innovative technologies and human resources produce tangible results”. Speaking recently at the lender’s Annual General Meeting (AGM) in Abidjan, Ivory Coast, he said the […]

Guaranteed Rate Makes Major Fintech Inve...

Three experienced financial technology executives – Raman Muralidharan, Anand Cavale and Arun Tripathi – are joining Guaranteed Rate as part of an effort to significantly expand the company’s financial product offerings. Aiming to become the No. 1 fintech company in the country, President and CEO Victor Ciardelli outlined the new mission in a press release. […]

Guaranteed rate announces major investme...

“Guaranteed Rate is Committed to Becoming the #1 Fintech in the Country,” Says Guaranteed Rate President and CEO Victor Ciardelli. “Our company has long been the digital leader in mortgages, and we are uniquely positioned to use our incredible technology platform to deliver impressive new end-to-end digital solutions that will make our customers’ lives easier […]

Insecurity: Foreign investors shun 31 st...

Nigerian foreign investment has plummeted in the first three months of 2021 as the country continues to be plagued by insecurity. Compared to the previous quarter, the BNS says nearly 1.6 billion naira of investment was squeezed out of the economy It also found that 31 states had no investment records, with the majority of […]

NY AG Sounds the Alarm on Crypto Investm...

New York Attorney General Letitia James has issued a warning about the dangers of investing in cryptocurrency due to market volatility which could lead to significant financial losses and other risks. James urged caution after the cryptocurrency market hit record highs in May, which left investors with hundreds of billions in losses. She pointed out […]

How Deutsche Bank’s bloated green invest

Behind the scenes, however, it appears there was a conflict of interest in the way Fixler’s allegations were investigated. While PwC was brought in to look into Fixler’s accusations, the accounting firm did not contact her and concluded its report based solely on data collected from DWS, the Financial Times reported. In a separate case, […]

Germany seeks more investment from Qatar...

Germany is seeking more investment from Qatar with which it has “trustful and multifaceted” relations, according to Dr. Julia Harrer, deputy head of mission at the German embassy.“Germany is looking forward to further investment from Qatar. We see a lot of potential for future cooperation,” she said at a ceremony that outlined the timeline for […]

How Telangana attracted mega-investments...

“A hugely productive trip,” said a jolly Telangana Minister of Industries and Information Technology, KT Rama Rao (KTR), on his return from the World Economic Forum (WEF) summit in Davos, where the state has attracted investments worth over Rs 4,200 crore. Pitching Telangana as an investment destination at the WEF in the face of intense […]

IWOSAN Investments acquires Lagoon Hospi...

IWOSAN Investments Limited has announced the acquisition of Lagoon Hospitals Group, with its facilities around Lagos – Ikeja, Apapa, Victoria Island and Ikoyi. IWOSAN is a leading healthcare investment company dedicated to investing in the Nigerian healthcare market. The company was recently launched to transform and improve the healthcare landscape in Nigeria by investing in […]

Investments in local agriculture helped ...

Investing in local agriculture has made the world’s largest brewer more resilient to supply chain disruptions and climate change, a senior AB InBev executive said. “About five years ago, there was a fundamental shift in the way we think about security of supply and risk management,” Ezgi Barcenas, AB InBev’s chief sustainability officer, told Insider […]

Buhari calls for closer collaboration to...

By Juliana Taiwo-Obalonye, ​​Abuja President Muhammadu Buhari on Tuesday called on leaders of West African banking institutions to forge closer collaboration to address the economic challenges facing the sub-region. According to a statement by the President’s Special Adviser on Media and Publicity, Femi Adesina, Buhari spoke during his audience with a delegation from the West […]

First day of trip to Davos, KTR brings o...

Posted: Posted Date – 8:57 PM, Mon – 23 May 22 Photo: Twitter Hyderabad: On the first day of the World Economic Forum (WEF) meetings in Davos, Industry Minister KT Rama Rao brought over Rs. 600 million in investments into Telangana. While LuLu Group has announced Rs. 500 crore investments in the food processing sector, […]

Qatari investments in Germany valued at ...

Doha: Amir H.H. Sheikh Tamim bin Hamad Al Thani’s visit to the Federal Republic of Germany will expand opportunities and open doors for further cooperation in trade and economic fields, which will have a positive impact on the services sectors. business in the two countries, said the President of Qatar said Sheikh Khalifa bin Jassim […]

Global Investment Market Report 2022

ReportLinker Major companies in the investment market include Industrial and Commercial Bank of China, JPMorgan Chase & Co., Goldman Sachs, Legal & General Group plc, INTL Fcstone Inc, UBS, Morgan Stanley, CNP Assurances, Bank of America Corporation and Citi Group. New York, May 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Investments […]

AFRICAN EQUITY EMPOWERMENT INVESTMENTS L...

Renewal Of Cautionary Announcement: Transactional Banking Facilities AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED(Incorporated in the Republic of South Africa)Registration number 1996/006093/06Share code: AEEISIN: ZAE000195731(‘AEEI’ or ‘the Company’) RENEWAL OF CAUTIONARY ANNOUNCEMENT: TRANSACTIONAL BANKING FACILITIES Shareholders are referred to the cautionary announcement dated 16 February 2022, regarding theCompany’s current bankers, Nedbank Limited (“Nedbank”) giving the Company notice […]

How to Track Your Mutual Fund Investment...

It’s easy to get overwhelmed by the overload of information freely available on the internet, so it’s important to know where to start. This is where a financial advisor plays a crucial role. They can accompany you on your investment journey to help you monitor your investment portfolio and, at the same time, offer you […]

Global digital transformation spending w...

Global spending on digital transformation (DX) of business practices, products and organizations is expected to reach USD 1.8 trillion in 2022, a 17.6% increase from 2021. The DX priorities that will see the biggest investment in 2022 include back-office support and infrastructure, smart manufacturing, and digital supply chain optimization. Together, these three areas of investment […]

Fintech startups manage to capture the l...

The startup ecosystem in Africa is currently thriving and this is especially true for financial technology or fintech. In 2021, Africa received $4.9 billion in funding and an estimated $300 million resides in undisclosed deals. 62% of this funding was captured by the fintech sector, followed by health and biotechnology, logistics, education, clean technologies, agriculture, […]

JS Investments launches a microfinance f...

KARACHI: JS Investments, the oldest private sector asset management company in the country, has introduced a microfinance sector-specific income fund called JS Microfinance Sector Fund (JSMFSF), The News learned on Thursday. The fund’s initial public offering took place on May 11, 2022 and is available to invest by opening an account with JS Investments (online […]

Senate confirms Lisa Cook to Fed board

The Senate on Tuesday confirmed Lisa D. Cook to the Federal Reserve Board of Governors in a 51-50 vote, with Vice Chair Kamala Harris voting in favor of Ms. Cook. President Joe Biden nominated Ms Cook, a professor of economics and international relations at Michigan State University, in January and the Senate Banking Committee advanced […]

CION Investments, Man Group and iCapital...

NEW YORK, May 10, 2022–(BUSINESS WIRE)–CION Investments (CION), a leading manager and distributor of alternative investment solutions, and Man Group, a $151.4 billion active global asset manager1 in AUM, today announced their partnership with iCapital2the world’s leading fintech platform enabling alternative investment access and efficiency for the asset and wealth management industries. CION and Man […]

Are You Ready To Buy An Investment Prope...

When purchasing a home, numerous factors must be considered. Are you considering buying property to rent or use as a holiday home for others? It may be a stable revenue source. But how can you know whether you’re ready? You need to know everything before you apply for a loan for your first investment property […]

First Bank boss seeks more oil and gas i...

By Amechi Ogbonna The Managing Director of First Bank of Nigeria Limited, Dr Adesola Adeduntan, at the weekend urged the Federal Government and the Nigerian private sector to take advantage of the growing demand for oil and gas products occasioned by the ongoing Russian-Ukrainian crisis to invest more in the oil and gas sector. Sun […]

DMK’s One Year Rule: Investments Worth N

It was on May 7, 2021 that the DMK government came to power in Tamil Nadu even as the country was reeling from the Covid pandemic and its second wave. This did not deter the government led by MK Stalin from attracting investment into the state. In the past 12 months, 131 MoUs for an […]

Cholamandalam Investments Q4 PAT jumps 1...

Net profit of Cholamandalam Investment and Finance Company jumped 184% to Rs 689.58 crore in the fourth quarter of FY22 from 243.21 crore posted in the fourth quarter of FY21. Total revenue increased by 4.5% year-on-year (YoY) to Rs 2,631.75 crore in the quarter. Overall disbursements in Q4 FY22 were Rs 12,718 crore […]

Dallas may require banks vying for city ...

Dallas officials are considering new rules that would require banks to show data and plans to meet the need for more loans and investments in underserved communities in order to do business with the city. Under the proposed “responsible banking” ordinance, financial institutions that hold or wish to hold Dallas taxpayers’ money would have to […]

Housing investment at risk as Build Back...

The path forward for the critical housing investments that Democrats sought to protect in the Build Back Better Act (BBB) ​​becomes murky, as uncertainty looms over the party’s chances of passing its partisan package despite the resistance of Sen. Joe Manchin (DW.Va.) . Democrats grabbed headlines last year after unveiling proposals for historic $300 billion […]

International Hotel Investments plc: IHI...

Annual report and financial statements prepared in accordance with International Financial Reporting Standards IHI Magyarorszag Zrt. Year ended December 31, 2021 IHI Magyarorszag Zrt. 1 Annual report and financial statements Year ended December 31, 2021 Content Content 1 Directors’ report 2-3 independent auditor report 4-7 Statement of comprehensive income 8 Statement of financial position 9 […]

Nigerian Telecom Sector Viable for More ...

Data consumption levels for internet connectivity and financial transactions are putting increasing pressure on the telecommunications infrastructure in Nigeria. The growing adoption of smartphones, coupled with the growing demand for high-speed internet, is a challenge for operators to rethink their operations, as it provides business opportunities for existing and new investors. Absa, one of the […]

Fidelity Investments provides options fo...

Fidelity Investments plans to allow investors to set up a bitcoin account in their 401(k)s, the first major retirement plan provider to do so. Employees won’t be able to start adding cryptocurrency to their nest egg right away, but later this year the 23,000 companies that use Fidelity to administer their retirement plans will have […]

Double Peak Group – A family office focu

Double Peak Group – Co-founded by Galen Law-Kun who has been in the crypto business for a long time, the company is way ahead of its time. As Web 3 has launched its offerings, the world has become familiar with many never-before-seen technological advancements, including the introduction of digital assets. Cryptocurrencies and NFTs have caught […]

The Cbdt notifies certain investments in...

NEW DELHI : The Central Board of Direct Taxation (CBDT) has notified an amendment to the income tax rules granting a tax benefit to investments by licensed payment service providers in Open Network for Digital Commerce Ltd., a non-profit company profit promoting e-commerce. According to data available from RBI, more than 60 entities have been […]

Zacks.com presented highlights East West...

For immediate release Chicago, IL – April 21, 2022 – The stocks in this week’s article are East West Bancorp EWBC, SEI Investments Co. SEIC, Automatic Data Processing ADP and CDW Corp. CDW. Add These 4 GARP Stocks to Your Portfolio for Maximum Return If you are looking for a profitable stock portfolio that will […]

Minister Alghabra announces investments ...

CALGARY, Alta., April 19, 2022 /CNW/ – By Budget 2022: A plan to grow our economy and make life more affordable, the government of Canada makes targeted and responsible investments to create good jobs, grow our economy and build a Canada where no one is left behind. Today the Minister of Transport, the Honorable Omar […]

Biden nominates candidate for Fed vice c...

President Joe Biden said Friday that he intends to nominate Michael S. Barr as the Federal Reserve’s Vice Chairman for Oversight. Mr. Barr, a law professor at the University of Michigan, served as Assistant Secretary of the Treasury Department for Financial Institutions in the Obama administration and was a key architect of the Dodd-Frank Reform […]

Nigeria’s banking sector attracts $15.7

The Nigerian banking sector is one of the viable destinations for foreign investors in the country as it has attracted over $15.7 billion in foreign investment over the past 5 years, which is one of the sectors most attractive in the Nigerian economy. This is based on an analysis carried out by Nairalytics, the research […]

5 investments worth P120b get DOF incent...

The reconstituted Tax Incentives Review Board, chaired by Finance Secretary Carlos Dominguez III, approved in 2021 the granting of tax incentives to five expensive projects with a combined investment capital of 119.5 billion pesos. Deputy Finance Secretary Juvy Danofrata, who heads the FIRB Secretariat, said the five projects receiving tax incentives by the FIRB came […]

Scirocco announces progress in its inves...

Scirocco Energy informed the market on Friday of its oil and gas operations in Tanzania, indicating that operations were progressing on the Ruvuma PSA, where it holds a non-operated 25% stake. The AIM-listed company said the seismic acquisition program and preparations for drilling the Chikumbi-1 (CH-1) well were underway, led by operator ARA Petroleum Tanzania […]

Dollars from bond sales, BSP investments...

MANILA, Philippines — The Philippines’ buffer funds rose in March on proceeds from the government’s recent global bond offering and Bangko Sentral ng Pilipinas’ earnings from its overseas investments. What’s new The Philippines’ gross international reserves stood at $108.54 billion in March, down from $107.8 billion in February, the BSP reported on Friday. The central […]

Biden announces 2 SEC nominees

President Joe Biden on Wednesday announced plans to appoint two people to the Securities and Exchange Commission. Jaime Lizarraga, senior adviser to House Speaker Nancy Pelosi, D-California, and Mark T. Uyeda, a career SEC attorney currently in detail with the Senate Banking Committee where he is a staff securities adviser minority committee, will be appointed […]

Caprice Finance (CFT), Firepin (FRPN) an...

Japan, Japan, Tue, 05 Apr 2022 13:00:24 / Comserve Inc. / — As more cryptocurrencies join the metaverse every day, it is worth researching new cryptos to invest in and which are very promising the Internet 3.0 The digital environment of the metaverse is growing, and so are the capabilities of what can be done […]

Hi-tech investments by Israeli instituti...

JERUSALEM (Reuters) – Israeli institutions invested $900 million in the country’s high-tech sector in 2021, a five-fold jump from 2020, the Israel Innovation Authority said on Monday. The rise came after the authority in 2020 sought to encourage more institutional investment in the country’s robust tech industry, which is a key engine of economic growth […]

Kickstart Ventures celebrates a decade o...

Metro Manila (CNN Philippines) — Kickstart Ventures, one of the most active venture capital firms in the Philippines, celebrates its 10th anniversary with a renewed commitment to investing in startups across the country and beyond. When Kickstart was established in 2012, the Philippine startup ecosystem was in its infancy. This inspired founders Minette Navarrete, Dan […]

Space for public investment must be guar...

WILLEMSTAD, PHILIPSBURG – “Without a doubt, fiscal consolidation is necessary to put the public finances of Curaçao and Sint Maarten on a sustainable path and to create fiscal space to deal with any future adverse economic shocks. However, fiscal consolidation must be carried out in a gradual and structural way so as not to inhibit […]

First Eagle Investments to Acquire Napie...

The acquisition complements First Eagle Investments’ multi-asset lineup and enhances the capabilities offered to clients, including opportunistic lending. Napier Park will operate as a stand-alone unit wholly owned by First Eagle Investments. No changes to Napier Park’s investment approach, business focus or customer service. NEW YORK, March 30, 2022 /PRNewswire/ — First Eagle Investments (“First […]

The case of investments in events

The inverted yield curve has been in the news lately for good reason; it is the only economic indicator that has a perfect track record for predicting a recession. A generally steepening yield curve means that investors have strong expectations about economic activity. A flattening yield curve means the opposite, and that’s where we find […]

A new era for foreign investment

Foreign chambers of commerce in the Philippines are in turmoil after President Duterte signed into law two pieces of legislation this month that would open the door wider for foreign investment to enter the country. The first is Republic Act 11647 amending the 85-year-old Civil Service Act, which excluded telecommunications, inland waterways, railroads and subways, […]

Designed for Retail Investors, This Fint...

With direct experience working at Citibank for over a year, NIT-Bhopal graduate Smriti Tomar recognized something she already knew – it takes a long time to innovate at large companies. “There is a full-fledged protocol that they have to follow,” says Smriti. Since her teenage years, she has always been intrigued by finance and invest […]

Best Ways to Save Taxes: Investments and...

Tax-saving season is here for last-minute taxpayers who have finally started comparing investment options and other tax-saving schemes. Since some plans have a deadline until March 31 to make minimum contributions, do so quickly. Here are some of the best ways to save tax and generate tax-free income. Under section 80C of the Income Tax […]

Cambodia: economic recovery and investme...

The World Bank’s Board of Directors today approved a $50 million grant from IDA for the Tajikistan Disaster Preparedness and Resilience Project, which will invest in building the resilience of key infrastructure to disasters. natural hazards, in better mitigating climate-related risks and in strengthening national capacities in disaster risk management and adaptation to climate change. […]

Vccircle | Subscription

1 year Billed annually at 4699 ₹ 392 / month 2 years Billed annually at 6999 ₹ 292 / month 3 years Billed annually at 9399 ₹ 261 / month 1 year Billed annually at 6999 ₹ 583 / month 2 years Billed annually at 8799 ₹ 367 / month 3 years Billed annually at […]

Americans suspend investments because of...

The ongoing Russian-Ukrainian war is hurting Americans’ financial outlook, sparking a desire to save more and postpone investments, according to a MassMutual survey. But avoiding stock market volatility can be a mistake, according to financial experts. Two-thirds of Americans fear the conflict will hurt their wallets, with nearly half keen to save more money and […]

PSX MD slams government for deterring in...

KARACHI: Pakistan Stock Exchange (PSX) chief executive Farrukh Khan on Tuesday criticized the government for giving disproportionate incentives to the property and construction sectors while discouraging investment in the capital markets. Speaking at a press conference, Mr Khan said the incentives given to the property and construction sectors amounted to hundreds of billions of rupees […]

How will the war in Ukraine affect your ...

Experts say the way investors plan for retirement may need to change as the conflict in Ukraine alters the global economy. Richard Drew PA Russia’s invasion of Ukraine shook the global economy and panicked investors, prompting market pundits to reconsider their financial philosophies. Decades of relative harmony among the world’s greatest nations have fostered an […]

Greenbank announces exit from investment...

TORONTO, ON/ACCESSWIRE/March 11, 2022 / GreenBank Capital Inc. (CSE:GBC) and (OTC PINK:GRNBF) and (FRA:2TL) (“GreenBank” or “the Company”) announces that it has exited its investments in three of its non-core portfolio companies – Reliable Stock Transfer Inc. (“Reliable”), Inside Bay Street Corporation (“Inside Bay Street”) and The Lonsdale Group (“Lonsdale Group”). GreenBank management believed that […]

New Jersey Governor Signs Russia-Belarus...

New Jersey Governor Phil Murphy has signed into law a law that will ban certain government dealings with companies linked to Russia and Belarus and is calling on New Jersey’s $93.8 billion pension fund, Trenton, to cede certain investments in these countries. Mr Murphy signed the bill on Wednesday, moving quickly to impose sanctions on […]

Development Bank of Wales announces new ...

The Development Bank of Wales has appointed a new director to head its Technology Venture Investments (TVI) division. Duncan Gray succeeds Simon Thelwall-Jones who led the team from 2019 until December 2021. Mr. Gray was previously Deputy Fund Manager (Strategic Portfolio) within the TVI team. He is replaced by Mark Bowman who has been promoted […]

What soaring gas and oil prices mean for...

RRising oil prices have given consumers more to worry about than just high gasoline prices. What does soaring oil prices mean for your investment portfolio? Brent crude oil – the international benchmark for oil prices – and US West Texas Intermediate crude oil futures both hit their highest prices since 2008 on Sunday. The price […]

How Honeywell Group Limited (HGL) is mak...

What could have been Nigeria was expected to be the fastest growing hospitality market with an expected compound annual increase of 12% from 2019 to 2023 according to a PwC projection. At the start of 2020 however, the COVID-19 pandemic spread globally and the tourism industry was one of the hardest hit. Globally, the tourism […]

MOSERS votes to stop Russian investments

JEFFERSON CITY — Missouri’s state workers’ retirement program will sell off its Russian holdings and cease all business with the country, its board of directors decided Thursday. The board of directors of the Missouri State Employees Retirement System (MOSERS) convened for a special meeting Thursday afternoon, with the only item on the agenda being its […]

Local lawmakers say investments with Rus...

JAMESTOWN — Local lawmakers say it’s a little troubling that $44 million of North Dakota state investments have ties to Russia, including $8.5 million from the state’s Legacy Fund. The Legacy Fund is owned by North Dakotans, and the Legislature and citizens of the state should dictate how investments are made, said Rep. Bernie Satrom, […]

SM Investments posts 65% net profit grow...

SM Investments Corp. (SMIC), led by Sy, recorded a 65% increase in its net income for 2021, mainly thanks to the contributions of its banking units during the period. The SMIC declared a net income of 38.5 billion pesos in 2021, compared to 23.4 billion pesos the previous year. Consolidated revenue for the year increased […]

Analysis, statistics and big investments...

Growing Leafy Greens Through Vertical Farming By investing in vertical farming, Walmart, the world’s largest retailer, is pushing vertical integration to a new level. Yes, the merchant, who already has his bank, goes into agriculture. It matters to them, or at least […]

Man Taranaki iwi cheats $3.1m, all lost ...

An Australia-based adviser for a Taranaki iwi wasted millions of dollars he tricked staff into transferring to his accounts, blowing it up on cryptocurrency investments and personal expenses. When the ruse was discovered, he offered to repay the iwi by working at a reduced rate. Te Whitinga Mark Huirua pleaded guilty in the Whanganui High […]

EBRD investments in Turkey hit record hi...

At the same time, nine Turkish banks and leasing companies received a line of credit for a total of €826 million with 35% of the envelope dedicated to green projects. In addition to these funds, the EBRD has supported around 100 SMEs with financing or advice and financing. In particular through risk-sharing partnerships with local […]

Encourage domestic investment (2) – Punc

Published February 21, 2022 Investment remains the foundation of growing economies, regardless of the stage of development. Of course, advanced countries have understood and confirmed for a long time that investment in human capital is the most important. Indeed, the improvement in labor productivity, which also has a positive impact on the productivity of capital, […]

Long Beach Accelerator Offers New $500,0...

LONG BEACH, Calif.–(BUSINESS WIRE)–February 16, 2022– The Long Beach Accelerator announced a new program offering half a million dollars to past and incoming cohort members in direct equity funding for hiring talent and investments in other critical business areas for accelerate growth. This investment program is exclusive to companies and alumni of the LBA cohort […]

Valkyrie Investments surpasses $1 billio...

NASHVILLE, Tenn., February 15, 2022 /PRNewswire/ — Valkyrie Investmentsa leading investment manager focused on digital assets, is delighted to announce that it has now surpassed $1 billion assets under management (AUM). Valkyrie Investments is the parent company of exchange-traded funds (ETF) sponsor Valkyrie Fundand Valkyrie Digital Assets, which focuses on institutional and accredited investors. This […]

The evolution of private debt

Discover opportunitiesThe Twin Brook team invests in a wide range of industries, but focuses on private equity-backed borrowers that typically have an EBITDA between $3 million and $50 million, with an emphasis on companies with a EBITDA of $25 million and below – or those in the lower middle market. Looking at the market today […]