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DBP's P12.5B capital infusion to expand bank's Covid-19 response

February 13, 2021
THE Department of Finance (DOF) said the recent P12.5 billion capital infusion to the Development Bank of the Philippines (DBP) will provide additional funds for the state lending institution’s Covid-19 response programs, which include extending low-interest, easy-to-pay loans to the transport, healthcare, education sectors along with micro, small and medium enterprises (MSMEs) and other affected industries.
Finance Secretary Carlos Dominguez III said the DBP will also act as a wholesale bank that will buy the loans of smaller banks, cooperatives and other institutions to free up more credit for the benefit of other industries that need to recover from the pandemic-induced impact on the global economy. ....

Quezon City , Rodrigo Duterte , Department Of Finance , Development Bank , President Rodrigo Duterte , Dbp S , Co Vid , கயீஸந் நகரம் , துறை ஆஃப் நிதி , வளர்ச்சி வங்கி , இணை வித் ,

BusUp Closes $6 Million Series A Funding to Expand Its Flexible and Shared Commute Programs in the U.S.

(1)
The market leader in flexible corporate commuting in the EU and LatAm will apply the capital to commercializing its shared mobility solution in the US
BusUp, the #1 corporate bus commuter management solution in the E.U. and LatAm, today announced the close of its Series A financing round to accelerate commercialization of its flexible and shared corporate commuting services in the United States. The new capital will allow BusUp to expand operations in the US and consolidate other existing markets in response to growing interest in employer-provided commuter benefits and mobility services. The $6 million financing round is led by Proeza Ventures, the largest mobility investment firm in Latin America, and supported by leading US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE s Business School venture fund Finaves V, among others. ....

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Shell Aims to Double Power Sales by 2030 Amid Green Business Rebalancing

By Jaime Llinares Taboada

Royal Dutch Shell PLC on Thursday laid out its green transition strategy, including targets to double electricity sales, expand its liquefied natural gas capacity and. | February 14, 2021 ....

Jaime Llinares Taboada , Royal Dutch Shell , Dow Jones , Royal Dutch Shell Plc Stock Exchange , Press Release , Capacity Rdsa Gb00b03mlx29 , அரச டச்சு ஷெல் , டோ ஜோன்ஸ் , அரச டச்சு ஷெல் ப்ல் ஸ்டாக் பரிமாற்றம் , ப்ரெஸ் வெளியீடு ,

Victory Baptist to expand outreach ministry at new Avery location

NEWLAND — Victory Baptist Church in Newland has recently moved forward with an ambitious project that it hopes will substantially increase the church’s ability to perform outreach to the community ....

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Syria and Iran to expand economic cooperation

Syria and Iran to expand economic cooperation
Syria and Iran to expand economic cooperation
7 de febrero de 2021, 11:46Damascus, Feb 7 (Prensa Latina) Prime Minister Hussein Arnous and the president of the Syrian-Iranian Joint Chamber of Commerce, Kiwan Kashefiy, today advocated opening new horizons of cooperation to face the economic siege imposed on the two countries.
Arnous stressed the importance of improving cooperation in economic and commercial activities, especially in equipping factories and establishing joint projects.
The head of the Syrian government also mentioned the potentialities of the exchange of goods to meet the needs of the two nations markets.
For their part, Kashefiy and members of the Iranian delegation expressed the desire of the Persian country s companies to work in the Syrian market, raise the level of economic and trade relations and exchange trade mission visits. ....

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