he Finance Ministry will provide guarantees to support foreign investment in the country’s future capital city, currently under construction in East Kalimantan, the Nusantara Capital City Authority (OIKN) has said. The guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur
In September 2024, when Bajaj Housing Finance (BHFL) was listed, it was the most richly valued housing finance company (HFC) with a listing price of nearly 10 times its book value. At that valuation, BHFL’s market value hit a staggering Rs 1.5 lakh crore. That meant its market cap was equal to that of the
KARACHI: With Pakistan facing a housing deficit of over 10 million units, real estate experts have emphasized the urgent need for the government to introduce an affordable, low-cost housing finance scheme in partnership with commercial banks in order to boost construction activities, attract foreign investment and achieve sustainable economic growth. The low-cost housing finance scheme
In April 2024, according to LendingTree, a significant number of Americans reported struggling financially, with more than one-third of American households (36.4%) admitting to having difficulty paying household expenses. With the current state of the economy and inflation, things have only gotten worse. One of the primary reasons people struggle to make ends meet is
IDLC Finance saw its profit grow in 2024 as the company looks to expand its capital base and portfolio. The non-bank financial institution (NBFI) reported a 32 percent year-on-year rise in consolidated net profit to Tk 200.36 crore in 2024. For all latest news, follow The Daily Star’s Google News channel. The company also reported
Given the modest start of Unified Pension Scheme (UPS), the finance ministry has written to the pay & accounts offices (PAOs) of central ministries, urging them to take steps to expedite its roll-out. The finance ministry proposed that staff be sensitised to undertake their assigned roles and responsibilities for time-bound implementation of the UPS. The
The crypto market shows hot interest in Mutuum Finance (MUTM) after attracting $6.9 million and securing 8,400 holders since its presale began. The project shows strong demand while existing at phase 4 with a $0.025 token price after reaching 412 million token sales. Potential investors hurry to acquire tokens during phase 4 because they foresee
BOSTON (WHDH) – The Museum of American Finance, an affiliate of the Smithsonian Institution, announced it has signed a 10-year lease for exhibit space in Boston. Planning is now underway to develop and create the Museum’s exhibits at Commonwealth Pier, the waterfront destination in Boston’s Seaport. The Museum will occupy approximately 5,400 sq ft, and
The path to working on Wall Street is a long and rigorous obstacle course. Young people who aspire to become dealmakers, traders, or investors must now begin as soon as they arrive at college. From there, it’s an immediate dash to join campus finance clubs, hobnob with industry professionals, and fill a résumé with pre-internship
(MENAFN– PR Newswire) NBA Legends Carmelo Anthony, Dwyane Wade, and Chris Paul’s Social Change Fund United Partners with Stackwell to Support Los Angeles Small Businesses “The Visionary Ventures Program represents our commitment to creating change in underserved communities,” said Anthony, Paul, and Wade in a joint statement. “By partnering with Stackwell, we’re offering holistic financial