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Posts tagged as “investment”

Amiri Urges Investment in Female Education in Afghanistan:

By Mitra Majeedy in TOLOnews Online, Dec 10, 2023 at 7:43 PMThe US special envoy for Afghan human rights and women, Rina Amiri, called for investment in the female education sector in Afghanistan, in a bid to provide the way for a modern and “inclusive Afghanistan.” Speaking at a session at the Doha Forum, Amiri said: “It is a moral imperative and it is a strategic imperative. If we want Afghanistan to continue on the…

Cinnamon exported as firewood to China for seven decades

Report in The Island, Nov 20, 2023Cash strapped Sri Lanka has deprived itself of valuable foreign currency by exporting genuine Sri Lankan cinnamon to China as firewood for seven decades. SLPP lawmaker Yadamini Gunawardena has recently raised this issue at the Ministerial Consultative Committee on investment, chaired by State Minister DilumAmunugama. Subsequently, the Export Development Board (EDB) has taken up this matter with China and necessary remedial measures have been taken. Last week, EDB officials…

Investment co-op in energy sector: ‘Framework’ may be signed during PM’s visit to UAE

By Mushtaq Ghumman in Business Recorder, Nov 17, 2023ISLAMABAD: The United Arab Emirates (UAE) and Pakistan are likely to sign a framework on investment cooperation in the energy sector, specifically in the areas of solar, wind, hydro, and power transmission, sources in the SIFC told Business Recorder. The pact will be signed during the forthcoming visit of caretaker Prime Minister Anwar ul Haq Kakar. He was due to undertake visit to UAE on November 14,…

Moody’s rating downgrade to impact foreign investment

by Ahsan Habib in The Daily Star, Jun 9, 2023Corporate and foreign investors may further lose interest in the stock market of Bangladesh as the country has dropped a notch in the Moody’s Investors Service rating system. As the domestic stock market already lacks investment from corporate and foreign investors, this downgrade will further add to its woes, according to market analysts. Whenever a country slips in Moody’s rating system, then the stock market of…

China attempts to prove its close cooperation with debt defaulted Sri Lanka

report in ECONOMYNEXT online, Apr 24, 2023China, one of Sri Lanka’s largest bilateral lenders, attempted to prove its close cooperation with the island nation after its state-owned China Merchants Group (CMG) signed the first large investment deal since the Indian Ocean nation declared bankruptcy. The Hong Kong-listed company signed a $392 million agreement with government-owned Sri Lanka Ports Authority on Saturday to jointly build the South Asia Commercial and Logistics Hub. “We are always “providing…

Chinese Company Offers $10b Investment in Afghanistan’s Lithium Deposits:

By Fidel Rahmati in The Khaama Press Online, April 14, 2023The Afghanistan Ministry of Mines and Petroleum said on Thursday that a Chinese Company, Gochin expressed its interest in investing $10 billion in Afghanistan’s lithium deposits. According to the statement, the acting minister for mine and Petroleum, Shahabuddin Delawar, met with the Chinses company representatives in Kabul. The statement said the investment would create 120,000 direct and a million indirect jobs in the country. Meanwhile,…