International Finance

Tag : Prime Minister


India eases FDI norms to boost employment generation

Decision helps government regain investor confidence IFM Correspondent  June 22, 2016: The Indian government led by Prime Minister Narendra Modi made sweeping changes to foreign direct investment (FDI) norms announcing easier terms and conditions for investors in sectors ranging from civil aviation to pharmaceuticals. The government has increased sectoral caps, raised limits under the automatic...

Panama and Japan reach $2.6 billion agreement to fund Panama Metro

Project will benefit more than 500,000 people; represents first Japanese monorail in the Americas April 22, 2016: The Republic of Panama announced the signing of a historic agreement with the Government of Japan valued at PAB/USD $2.6 billion to fund the construction of Line 3 of Panama’s Metro, the largest project in Panama since the...