Sunday, Mar 1, 2026

International Finance

Category : Economy

Economy

Oil at $50 is not a cause for concern

International Finance Desk
by International Finance Desk
Experts say the quantum of price increase is not difficult to absorb IFM Correspondent May 27, 2016: After hovering around $30 per barrel for close to five months, oil price is finally heading northwards. The price touched $50 a barrel — around 70 per cent up on its February low. It is a rapid climb,...
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Economy

Who will win over the Iranians?

International Finance Desk
by International Finance Desk
The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world Suparna Goswami Bhattacharya May 25, 2016: From the time sanctions have been lifted on Iran, it has become a hot destination for investments globally. And there are ample reasons for this interest. First, one must understand the...
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Economy

India to be among top five in manufacturing by 2020

International Finance Desk
by International Finance Desk
Interestingly, China may be dislodged by the US from the number one position Suparna Goswami Bhattacharya May 23, 2016: That India is known for its information technology services globally is widely accepted. But the country is also ready for the next phase of growth in manufacturing. According to a report by Deloitte, India is projected to...
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Economy

Republic of Panama to host Japanese delegation

International Finance Desk
by International Finance Desk
To launch negotiations on bilateral agreement May 20, 2016: The Republic of Panama will host an official delegation from Japan visiting Panama City as both countries begin negotiations to establish a bilateral Tax Information Exchange Agreement (TIEA) on Friday, May 20, 2016. The announcement follows a visit last month to Japan by Panama’s President Juan...
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Economy

Panama requests France to work under equal conditions

International Finance Desk
by International Finance Desk
Shares steps taken to reform its legal framework and strengthen service centre May 19, 2016: Luis Miguel Hincapie, Minister of Foreign Affairs of Panama, met with France’s Presidential Special Appointee for Latin America and the Caribbean, Jean-Pierre Bel. During the meeting in Paris, the Panamanian diplomat emphasised the importance of working under equal conditions to...
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Economy

EgyptAir flight missing

International Finance Desk
by International Finance Desk
Sixty six people were on board May 19, 2016: An EgyptAir plane carrying 66 people has disappeared after taking off from France’s Charles de Gaulle airport late Wednesday night. Flight MS804 was on its way to Cairo when it vanished from radar. Contact with the airline was lost around ten miles inside Egyptian airspace when...
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Economy

Saudi Arabia gets its first women business park

International Finance Desk
by International Finance Desk
Aim is to create 21,000 jobs by 2025 IFM Correspondent May 18, 2016: With the aim of encouraging women to come forward and contribute to the Kingdom’s growth, Saudi Arabia has launched its first women’s business park in Riyadh. The park is expected to create about 21,000 jobs by 2025. It will serve as an...
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Economy

‘Every Airbus is partly made in India’

International Finance Desk
by International Finance Desk
European company awards A320neo titanium parts contract to Aequs IFM Correspondent May 13, 2016: In a further boost to the ‘Make in India’ programme, Airbus has contracted Aequs Aerospace, a wholly-owned subsidiary to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme. This is the first time work on critical elements...
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Economy

Saudi announces Vision 2030 to transform its economy

International Finance Desk
by International Finance Desk
The aim is to make a smooth transition away from dependency on oil revenue Suparna Goswami Bhattacharya May 13, 2016: With oil price continuing to show no signs of improvement, it is no secret that oil dependant nations have to think of alternatives to run their economy. The Kingdom of Saudi Arabia recently announced a...
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Economy

Panama papers: Joint statement on waked organisations

International Finance Desk
by International Finance Desk
Regarding a ten-year investigation May 10, 2016: In light of the announcement made by the United States Department of Justice and the United States Department of the Treasury’s Office of Foreign Assets Control regarding a ten-year investigation of the waked organisations, Panama’s Attorney General, Banking Superintendent, and Securities Market Superintendent have issued the following statements...
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