Category : Economy

REIT’s provide high returns on investments and a potential for high moderate long term appreciation. 18th July 2013 The REIT regime, combined with the traditional strengths of the capital markets, has created opportunities for growth of the property investment sector. The legislation setting out the rules for REIT’s in the United Kingdom came into effect...

International Finance Magazine today announced the Financial Awards 2013 for Sri Lanka. After Australia and Germany, International Finance Magazine has now announced the financial award winners in Sri Lanka. The recipients have been chosen after a rigorous selection process by the internal team as well as key inputs from an external agency. International Finance Magazine...

The FIFA World cup is expected to draw around a half million visitors, which is almost a third of Qatar’s current population, the electrifying event at Qatar will have a major impact on the economy. 15th July 2013 Qatar is a peninsula in the Persian Gulf, about the size of Connecticut, sharing a border with...

The jobs figures have further strengthened the Federal Reserve to turn off the money taps that have helped support global markets for months. 13th July 2013 Job growth was stronger than expected in the U.S. in June showing the economy on solid ground and keeping the Federal Reserve on track to scale back its massive...

The exchange rate has been set at 0.702804 lats to one Euro, and Euro notes and Coins will be issued in Latvia on 1st January, 2014. 13th July 2013 The Economic and Financial Affairs Council (Ecofin) has cleared the decks for Latvia join the troubled Eurozone, the application for membership had earlier been approved by...

Increased investment in energy efficiency will help make Asia’s energy sector more sustainable, affordable, and reliable. MANILA, PHILIPPINES – The Asian Development Bank (ADB) will boost investment in end-user energy efficiency to help Asia and the Pacific tackle surging power demand and growing environmental threats from greenhouse gas emissions. “There is huge potential for saving...

The concerns of Obama is very much evident as America has been virtually battered by increasing floods, heat waves and droughts which has taken a toll on the farmers and also led to an increase in food prices. 12th July 2013 Is the war on coal a genuine effort to reduce carbon emissions in America...

The total bailout package of 6.8bn Euros ($ 9 billion) will come from the troika of European Commission, European Central Bank and the IMF. 10th July 2013 Greece’s perseverance to follow with the austerity plans and economic reforms has finally succeeded with the battered European country getting a fresh source of aid from the International...