Pay off foreign debt or finance essential imports – Groundviews

Photo courtesy of South China Morning Post The country’s available foreign reserves can be used either to repay foreign creditors or to finance imports of essential goods and services required by its citizens. This is the dilemma Sri Lanka faces today. Redeeming the full value of the bond using the …

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Liquidation of foreign investors hits record high in 2021

As in the previous three years, foreign portfolio investors also continued to sell on the Dhaka Stock Exchange in 2021. Net sales by foreign investors hit an all-time high of Tk 2,648 crore in 2021, following the same level of Tk 2,606 crore in 2020, according to DSE data. The …

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CFSEA secures new partnership with Cypress County Community Fund formation

On December 9, the Community Foundation of Southeastern Alberta (CFSEA) announced the creation of the Cypress County Community Fund. This fund represents the full representation of Southeastern Alberta for CFSEA, as the Cypess County Community Fund joins the Prairie Crocus Community Fund in Special Zones and the MD of Acadia, …

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FGN budget – an expansionist position in 2022

The FGN’s 2022 budget titled Economic Growth and Sustainability was signed by President Buhari on December 31, ’21. Overall spending is estimated at N17.1 billion, which is 18% more than the aggregate FGN expenditure in 2021 of N14.6 billion. The total amount allocated for capital spending in the 2022 budget …

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House prices set to slow sharply as inflation hits

gHello. It won’t come as a surprise, but the latest Halifax homes show another record month in December, with prices rising 1.1 pc to a new record high of £ 276,091. It crowns a remarkable year for the market, which has challenged the gloomy mood of the broader economy to …

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Stock markets and Omicron: why investors don’t need to panic yet

At a time when the third wave of Covid-19 has spread rapidly and several states have imposed restrictions, the stock markets have remained largely unaffected. As the number of active Covid cases fell from less than 10,000 on December 28 to around 90,000 on Wednesday, the benchmark Sensex jumped more …

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People Post: Staff and Board Changes in the Health Philanthropy World; Policy Director Job Posting

Bob Atkins, Acting Dean of the Faculty of Arts and Sciences-Camden, Rutgers-Camden University, has joined the Rippel Foundation board of directors in July 2021. He is the former director of the Robert Wood Johnson Foundation (RWJF’s) New Jersey Health Initiatives program. Read a 2018 Health Affairs Forefront article, GrantWatch section, …

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SM Line expected to increase HMM investment when Seoul sells its stake

Credit HMM. By Martina Li in Taiwan 05/01/2022 Speculation about a possible union of the two South Korean cruise ship operators has increased after SM Merchant Marine (also known as SM Line) expanded its stake in HMM, and could further increase its stake this year. On December 29, SM Line, …

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LBS Bina Group achieved RM1.575 billion in property sales last year and sets target of RM1.6 billion for 2022

PETALING JAYA (January 5): LBS Bina Group Bhd achieved RM1.575 billion in property sales in 2021, exceeding its target of RM1.2 billion. During a press briefing on Wednesday January 5, LBS Bina announced that its real estate sales target for 2022 is RM1.6 billion, to be reached by 14 planned …

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