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Santos Managing Director and Chief Executive Officer Kevin Gallagher famous that the contract with Glencore extends their current sturdy business relationship and presents a valuable alternative for both companies to leverage their experience in Asian LNG markets. “This oil-indexed contract, along with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ strong LNG portfolio position and buyer relationships within the area. There continues to be robust demand in Asia for prime heating value LNG from tasks corresponding to Barossa and PNG LNG. Santos is dedicated to supporting the energy security of our valued clients across Asia,” Mr Gallagher mentioned. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic history and the 50th anniversary of Papua New Guinea’s forex. This event, held as part of the Bank’s 50th anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 at the National Museum & Art Gallery in Port Moresby.
The Union Cabinet has accredited a big health coverage growth for senior citizens aged 70 and above under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). This move, benefiting 4.5 crore families and 6 crore seniors, provides Rs 5 lakh in free annual medical insurance. Union Minister Ashwini Vaishnaw highlighted that this initiative fulfills PM Narendra Modi’s dedication to enhance well being safety for India’s aged inhabitants. The choice Business News taken on the board meeting allows for multiple potential routes for fundraising, together with a preferential allotment of shares, or a QIP. National Pension System belongings touched Rs 12.sixty five lakh crore in August 2024, representing a 30 percent progress over the same month of the earlier 12 months. The morning after Vice President Kamala Harris and former President Donald Trump’s first presidential debate, it’s removed from clear if Trump will conform to a rematch.
Newest Singapore 6-month T-bill Cut-off Yield Falls Slightly To 31%
Textile millers yesterday urged the interim authorities to take instant steps to improve fuel and power provide to manufacturing units, as most are actually running at only 30 p.c capability. How Swing State Politics Are Sinking a Global Steel DealAs the Biden administration nears a choice to dam the proposed acquisition of U.S. Steel, the controversy over nationwide and economic security is being dwarfed by presidential politics. The government’s plan to purchase again the bonds to cap the capital expenditure within the roads and freeway segment. The govt is also keen to award initiatives above Rs 500 cr beneath the PPP mode as they’ve proved to be of higher high quality and are cheaper, compared to govt-funded tasks, stated an official.
Driving Improvement Through Local Govts
The Leicester-headquartered homeware retailer stated its gross sales growth was pushed by the quantity of goods sold and the continued growth of its digital footprint. AMP Deputy Chief Economist, Diana Mousina says each side of politics are politicising the Reserve Bank, when it’s attempting to focus on controlling inflation and preserving full employment in the financial system. APCO CEO Chris Foley concedes its unlikely Australia will meet the targets and has launched a model new strategy to force businesses to take action and to make it easier to recycle. U.S. Blowback to Steel Merger Vexes JapanA looming decision in Washington to block Nippon Steel’s merger with U.S.
Bf Biosciences Plans To Raise Up To Rs193bn Via Ipo
King Charles laughed after accepting the shock supply from a participant on New Zealand’s women’s group. Tourist arrivals from 16 international locations have surpassed pre-pandemic ranges in Malaysia, with industry players feeling optimistic a few full rebound quickly. Currently, credit card transactions solely require the disclosure of the cardholder’s name and country of origin. The programme focuses on partnering with educational institutions to develop specialised curricula and ability growth initiatives tailored to the semiconductor industry.
Prime Bank PLC lately signed an agreement with tech firm Dotlines, aimed toward enhancing banking services for the latter’s employees. Bangladesh Financial Intelligence Unit today requested banks to supply details of accounts of former state minister for overseas affairs Md Shahriar Alam, his spouse and son. Sustainability has turn out to be a mainstream issue for businesses across the globe, so Bangladesh also wants to spend money on researching and growing innovative know-how to assist local corporations embrace it of their core methods, based on analysts. Zara owner Inditex, the world’s biggest style retailer, posted a record internet revenue for the first half of the 12 months on Wednesday, despite slower gross sales growth. The planning ministry has fashioned a 12-member taskforce to develop strategies to beef up the economic system and mobilise assets for equitable and sustainable development. The Bangladesh Bank yesterday formed a six-member taskforce to hold out reform initiatives within the country’s banking sector.