October 29, 2008 by
Worried by high growth in credit to non-productive sectors, the Bangladesh’s central bank in a policy shift will ask commercial banks for lending the sectors that generate employment, farm and industrial output, as reported by Bangladesh media sources.
Bangladesh Bank…
October 29, 2008 by
Two major Indian companies - ONGC and L N Mittal group plan to build a $4 billion refinery in the country. A joint venture between the two companies, is said to appointed UK-based consultant Nexant to undertake a feasibility study…
October 11, 2008 by
The executive board of the Asian Development bank (ADB) is likely to accord a formal approval to the much awaited $500 million loan package "Pakistan Accelerating Economic Transformation Programme" in its meeting scheduled to be held today (Tuesday), official sources…
October 01, 2008 by
World Bank (WB) has pledged a first phase donation of $100 million to assist Bangladesh in implementing the current fiscal budget, a WB official said yesterday.
This first phase assistance will be provided for the government’s food security programmes for…
August 31, 2008 by
The Iranian minister of industries and mines announced in Tehran last week that over 300 trillion rials (some $33 billion) has been allocated to the industry & mining combination national plan. According to Mehr News Agency, Ali-Akbar Mehrabian added that…
August 15, 2008 by
The Turkish business world has welcomed Turkish Minister of Industry and Trade Zafer Çağlayan’s announcement of a plan to grant interest-free loans of up to YTL 25,000 (around 21,000 USD) to small and medium-sized enterprises (SMEs).
The loans, Çağlayan had said,…
August 08, 2008 by
Indonesian President Susilo Bambang Yudhoyono opened the Asia-Pacific regional micro credit summit in the resort island of Bali on Monday (July 28). Over 900 delegates from 50 countries attended the Summi. Leaders from the largest Microfinance Institutions and networks in…
August 06, 2008 by
Global Biofuels Limited, the first biofuels refinery in Nigeria, endorsed by the Nigerian National Petroleum Corporation (NNPC), has committed the sum of $750 million to ethanol project in the country.
Global Biofuels has committed the fund to the first series…
August 04, 2008 by
National Bank of Pakistan, acting as transaction Lead Advisor and Arranger and Bank Al Falah as Co Arranger, along with a consortium of banks, signed the Financing Agreements for Rs.6.52 billion with Fauji Akbar Portia Marine Terminals (FAP), a joint…
August 04, 2008 by
As microfinance activities get entrenched, lack of good and capable human resources are considered the leading factor affecting its operations the world over.
In Nigeria, findings show that lack of good and capable human resources is affecting not only the…
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