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BFIN and PHDCCI India-Nepal Centre Lead Symposium: Empowering Nepal’s Economic Aspirations Through Reforms
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On May 10, Nepal hosted a significant event where the Banking, Finance and Insurance Institute of Nepal (BFIN) partnered with the India-Nepal Center of the PHD Chamber of Commerce and Industry (PHDCCI) to conduct an upscale symposium focused on utilizing economic reforms to propel Nepal’s development aspirations in Kathmandu. The symposium entitled “Nepal’s Ambitious…
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Stocks Keep Recovery Surge Into Fourth Straight Session
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Thursday morning, Vietnam’s benchmark VN-Index surged by 1.55%, reaching 1,269.80 points, marking the highest level since April 2nd. The index finished 19.4 points higher during its fourth consecutive day of gains. Trading on the Ho Chi Minh Stock Exchange, from where the index is derived, increased by 11% to reach VND19.11 trillion (US$736 million).…
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CSCS Introduces *7270# USSD Code for Seamless Market Entry
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The Central Securities Clearing System (CSCS) has partnered with MTN Nigeria to introduce a USSD code aimed at simplifying access to crucial investment services via mobile phones. The code, *7270#, is set to be launched on May 8, 2025, utilizing MTN’s network infrastructure. As per CSCS, the USSD service aims to decrease dependence on…
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Analysts Forecast Slump in Thai Bourse
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The Stock Exchange of Thailand (SET) may face stagnation this month due to slow advancements in US-China and Thailand-US trade discussions along with a weak domestic economy. However, analysts suggest that the anticipated boost from the launch of Thai ESG Extra (ESGX) funds could provide some support. A division of the state-controlled China Galaxy…
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India Shelter Finance Corp.: Elevating Housing Opportunities
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VMPL Gurugram (Haryana), [India], May 10: During their meeting today, the Board of Directors of India Shelter Finance Corporation ratified the audited financial outcomes for both the quarter and fiscal year concluding on March 31, 2025. Rupinder Singh, the MD and CEO of India Shelter Finance Corporation, commented on their performance saying: “We are…
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Libyan Finance Ministry and AfDB Kick Off High-Level Talks on Boosting Private Sector Resilience and Peaceful Investments
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The primary focus of an important three-day workshop held in Tripoli, the capital of Libya, was to secure private sector investments aimed at fostering peace, enhancing stability, and driving economic resurgence in the country. This event, organized by the African Development Bank in collaboration with the Libyan Ministry of Finance, underscored the significance of…
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Vingroup Chairman Pham Nhat Vuong Becomes Vietnam’s First Billionaire with $9B Fortune
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The founder and chairman of Vingroup, Pham Nhat Vuong, has made history as the first Vietnamese individual to amass a wealth of $9 billion, as reported by the recent Forbes update on May 8th. This accomplishment secures Vuong a position at number 330 on the magazine’s list of wealthiest individuals worldwide. The chairman of…
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Morocco Boosts Sustainable Growth with €65 Million EBRD Green Fund
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Morocco has obtained €65 million in green funding from the European Bank for Reconstruction and Development (EBRD) to aid its national shift towards a more sustainable, low-carbon economic model. The financial support, which is part of the EU-supported Morocco Decarbonisation and Climate Resilience initiative, will focus on enhancing climate resilience, promoting an energy shift…
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Book Review: Turn Leaves into Gold – Secrets to Making Money Grow on Trees
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Tendai M. Shaba’s “How to Make Money Grow on Trees” serves as a personal finance and investment handbook, specifically designed for the economic landscape of Malawi but also tackling wider African issues. Shaba, a writer from Malawi who has studied business administration, applies his education to explain financial ideas in a straightforward and understandable…
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GIP and Maagrace Join Forces to Supercharge the Garment Industry
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…this investment will create more than 1,000 new jobs. Growth Investment Partners (GIP) Ghana Ltd., a venture initiated by British International Investment (BII), has declared an investment in Maagrace Garments Industries Limited (MGIL), which is a prominent player in Ghana’s garment production sector. This funding will support the establishment of a new manufacturing plant…