Finance

Nigeria Wants Financial Surveillance Strengthened for D-8

July 07, 2010 by D-8 Secretariat

D-8 need to ensure a comprehensive surveillance of their financial system in order to forestall a re-occurrence of the recent global shocks
The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi on Tuesday called on the Central Bank…

Brands Bet on Indonesia as Spending Booms

April 08, 2010 by D-8 Secretariat

SAMARINDA, Indonesia—International companies are betting Indonesia will become Asia’s next big consumer market after China and India—in part because of booming jungle outposts like this one.
Indonesia played a major role in pushing Asia sales. There are new opportunities for international…

Pakistan-RI Trade Could Reach $2 Billion

March 29, 2010 by D-8 Secretariat

With the signing of the PTA, Pakistan-RI trade relation can reach volume of $2 billion from the current $800 million
Backed by solid political and historical ties, Pakistan and Indonesia will enjoy stronger economic relations in the coming years, with…

D-8 Congratulates Pakistan on its 70th Pakistan Day

March 23, 2010 by D-8 Secretariat

D-8 Secretariat extends its highest congratulations for Pakistan on its 70th Pakistan Day, and believes that the country will continue to flourish within D-8 Organization
Pakistan is celebrating its 70th ‘Pakistan Day’ with national fervor today (Tuesday) to commemorate the…

Indonesia’s Economy Expands at Fastest Pace in a Year

February 11, 2010 by D-8 Secretariat

Indonesia’s economy grew at the fastest pace in a year last quarter as lower interest rates and government stimulus measures spurred consumer spending
Indonesia’s economy grew at the fastest pace in a year last quarter as lower interest rates and…

Bangladesh Economy on Track to achieve 6% Growth

January 04, 2010 by D-8 Secretariat

Bangladesh Central Bank Governor, Atiur Rahman, said Bangladesh’s economy is on track to achieve 6% growth in the 2009-10 fiscal year to June despite the global downturn
Bangladesh’s economy is on track to achieve six percent growth in the 2009-10…

Islamic Finance Industry: Malaysia’s Next Big Thing?

December 03, 2009 by D-8 Secretariat

Malaysia’s comprehensive system of products and regulation may enable it to become a significant trading center
The threat of Dubai’s billion-dollar debt default is casting a shadow here in Malaysia, the would-be global center of the fast-growing Islamic finance industry.…

Turkish Treasury Injects TL 1 billion (approx. 680m USD) to Boost Small Companies

October 19, 2009 by D-8 Secretariat

Turkish Small and medium-sized enterprises (SMEs) suffering from financing difficulties due to the global financial crisis will be able to ameliorate their situation with a new TL 1 billion contribution from the Treasury.
A protocol between the Turkish Treasury and…

Foreign Investment Ups in Iran Despite Global Downturn

October 04, 2009 by D-8 Secretariat

Head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), Behrouz Alishiri
A UN agency report shows Iran attracted $1.6 billion in direct investments from abroad in 2008 despite a 20% decrease in the global flow of…

Egypt Named One of the World’s Top Economic Reformers by World Bank

September 25, 2009 by D-8 Secretariat

Doing business in Egypt eases as the country increases its global competitiveness
Despite tough economic conditions, Egypt is continuing to strengthen its position not only as one of the world’s leading outsourcing destinations but also as a successful business location.…