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Tag: INFRASTRUCTURE DEVELOPMENT

Business / economics

Millicent Omanga’s Opulent Lifestyle Sparks Controversy Amid Economic Hardships

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

Millicent Omanga, a former nominated Senator and ally of President Ruto, showcases her luxurious lifestyle through social media amidst rising hardships faced by Kenyans. Her extravagant assets include a collection …

Millicent Omanga’s Opulent Lifestyle Sparks Controversy Amid Economic Hardships Read More
Business / economics

Investigating Saifuzzaman Chowdhury: Ex-Minister’s $500 Million Property Empire

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

Saifuzzaman Chowdhury, a former Bangladeshi minister, is being investigated for amassing over 480 properties worldwide while earning a modest salary of $13,000 annually. His real estate assets, largely obtained during …

Investigating Saifuzzaman Chowdhury: Ex-Minister’s $500 Million Property Empire Read More
Technology

Indonesia Achieves $1 Billion Investment from Apple, Setting a New Precedent

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Indonesia negotiated a landmark $1 billion investment from Apple after enforcing a sales ban on the iPhone 16. This deal includes the establishment of local production facilities for AirTags and …

Indonesia Achieves $1 Billion Investment from Apple, Setting a New Precedent Read More
Companies

NEITI and OrderPaper Initiate Rembinar Series for Tax Reforms Dialogue

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

The Nigeria Extractive Industries Transparency Initiative (NEITI) and OrderPaper are launching the Rembinar dialogue series, focused on tax reforms under President Bola Tinubu’s administration and their impact on the extractive …

NEITI and OrderPaper Initiate Rembinar Series for Tax Reforms Dialogue Read More
Business / Companies / economics

Kenya Defers $1.5 Billion UAE Loan Withdrawal to Align with Budget Needs

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Kenya will delay the drawdown of a $1.5 billion loan from the UAE to align with its fiscal budget. The decision comes as the country faces increased debt service costs. …

Kenya Defers $1.5 Billion UAE Loan Withdrawal to Align with Budget Needs Read More
Companies

Indonesia Implements Bullion Banking to Enhance Foreign Exchange Stability

February 28, 2025February 28, 2025 - by Marcus Chen - Leave a Comment

Indonesia has launched a new bullion banking initiative through two state-owned banks, aiming to stabilize foreign exchange and include gold savers in the formal financial sector. This system seeks to …

Indonesia Implements Bullion Banking to Enhance Foreign Exchange Stability Read More
Companies

Kenya Delays Drawdown on $1.5 Billion UAE Loan to Align with Fiscal Plans

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Kenya will delay accessing a $1.5 billion loan from the UAE to align with its budget. Finance Minister John Mbadi indicated that ongoing negotiations with the IMF are a priority …

Kenya Delays Drawdown on $1.5 Billion UAE Loan to Align with Fiscal Plans Read More
Companies

Myanmar’s Wa State Considers Resumption of Tin Mining Activities

February 28, 2025February 28, 2025 - by Marcus Chen - Leave a Comment

Myanmar’s Wa state is exploring the possibility of resuming mining in its tin-rich region, with state spokesman Nyi Rang announcing this news to Reuters. This decision may have considerable economic …

Myanmar’s Wa State Considers Resumption of Tin Mining Activities Read More
Business

Arm Holdings to Sign Agreement for Malaysian Operations, Says Anwar

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Prime Minister Datuk Seri Anwar Ibrahim announced that Arm Holdings Plc, a UK semiconductor company, is set to finalize an agreement to establish a base in Malaysia next week. He …

Arm Holdings to Sign Agreement for Malaysian Operations, Says Anwar Read More
Companies

Myanmar’s Wa State Considers Resumption of Mining Operations

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

Myanmar’s Wa State is considering the resumption of mining activities, confirmed by spokesperson Nyi Rang. A notice regarding permit acquisition procedures for mining operations has been circulated on social media. …

Myanmar’s Wa State Considers Resumption of Mining Operations Read More

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