China approves USD 700 million loan to Pakistan: Finance Minister Dar

Pakistan’s all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced on Wednesday as the cash-strapped country tried to avert a financial crisis. The announcement by Dar on the loan by the Board of China Development […]

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Imagicaaworld Entertainment Ltd enters into BTA to acquire water park business in Surat

Imagicaaworld Entertainment Limited (“the Company”) has entered into a Business Transfer Agreement (“BTA”) with Rajgreen Amusement Park Private Ltd (“RAPPL”) on February 21, 2023 to acquire their water park business in Surat, Gujarat on a slump sale basis; which would be subject to certain customary government / municipal approvals. Pursuant to receiving the said approvals, […]

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MIGA to give EBRD up to $200 mln in guarantees to cover trade finance risks in Ukraine, other countries

22 Feb 2023 13:45 MIGA to give EBRD up to $200 mln in guarantees to cover trade finance risks in Ukraine, other countries MOSCOW. Feb 22 (Interfax) – The European Bank for Reconstruction and Development (EBRD) and the Multilateral Investment Guarantee Agency (MIGA) have signed a landmark first co-financing agreement, under which MIGA will issue […]

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Finastra partners Integro Tech to offer exposure risk trade finance solutions

By Gloria Methri Today Financial Risk Management Finastra FinTech Finastra has teamed up with Integro Technologies, a subsidiary of Aurionpro, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution. SmartLender has been helping banks in Asia and the Middle East to manage risk in trade finance for over 20 years. With Finastra’s global reach, banks around the world […]

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Business Warrior and Sunshine State Financial to deliver Auto Loan Financing Solution

By Leandra Monteiro Today Auto Loans Business Warrior Credit Score Business Warrior Corp, a global lending and marketing software company, announced it has entered into a partnership with automotive lending company Sunshine State Financial to provide auto loans to its customers. This venture showcases the enterprise development solution of Business Warrior’s latest product, PayPlan, the […]

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Focus on infrastructure, Eskom to recover the economy

Finance Minister Enoch Godongwana is expected to deliver his National budget speech this afternoon at Cape Town City Hall. Bongani Bingwa interviews Dion George, DA Shadow Minister of Finance, December Mavuso of NEHAWU, and the president of the Black Business Council, Elias Manoge. The Black Business Council is calling on the government to prioritize infrastructure […]

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Ban on port touts, 48-hour visa approval… highlights of business facilitation act

President Muhammadu Buhari recently signed the business facilitation (miscellaneous provision) bill 2022, also known as the omnibus bill, into law. Now the business facilitation act 2023, the document is a legislative intervention by the Presidential Enabling Business Environment Council (PEBEC), which amends 21 business-related laws. The amendment of the relevant laws is to promote the […]

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The new business owners hoping to revive downtown Caribou

CARIBOU, Maine – It has been a rough year for Caribou’s downtown, but several entrepreneurs are determined to help jump-start a revitalization. Sweden Street has struggled to attract and retain businesses since Limestone’s Loring Air Force Base closed in 1994, which led to major population decline. Once a vibrant restaurant and retail center, the area has […]

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Vernon business nails down skilled employees through immigration project

There’s an untapped market for North Okanagan and Shuswap trades employers looking for skilled workers. And, with the help of a pilot program that bridges the gap between local businesses and experienced candidates, it’s a market that’s within reach. Just ask Cory Petty, owner of Cory Petty Construction, about his experience with the Rural and […]

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