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UK's Barratt benefits as housing market rises from COVID-19 lows


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(Reuters) - Britain s biggest housebuilder Barratt Developments raised its annual volume forecast on Friday and said it could resume dividend payments next month, after a rebound in demand from COVID-19 disruption drove a solid first-half performance.
Shares in the FTSE 100 company, which operates in England, Scotland and Wales, rose by as much as 5% in early trade, with rivals Persimmon and Taylor Wimpey also higher.
Britain s housing market unexpectedly boomed in 2020 after the end of coronavirus restrictions in June, as people sought bigger houses better-suited to working from home, and to take advantage of a temporary reduction in purchase taxes. ....

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At 23.5% CAGR, Asia-Pacific Digital Remittance Market Anticipated to Reach $269.78 Billion By 2026 | Recent Developments


At 23.5% CAGR, Asia-Pacific Digital Remittance Market Anticipated to Reach $269.78 Billion By 2026 | Recent Developments
Asia-Pacific Digital Remittance Market
PORTLAND, OREGON, UNITED STATES, January 9, 2021 /EINPresswire.com/ Allied Market Research published an exclusive report, titled, “Asia-Pacific Digital Remittance Market By Remittance Type (Inward Digital Remittance, and Outward Digital Remittance), and Remittance Channel (Banks, Money Transfer Operators (MTOs), and Others): Opportunity Analysis and Industry Forecast, 2019-2026”.
The Asia-Pacific digital remittance market report offers an in-depth analysis of every crucial factor that affects the market growth including recent market developments, key market players, and decisive trends. The study begins with a detailed analysis of major determinants of the market such as drivers, challenges, restraints, and upcoming opportunities. ....

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Barratt Developments Total Forward Sales Up 14.3%


Barratt Developments Total Forward Sales Up 14.3%
LONDON (dpa-AFX) - Barratt Developments Plc (BDEV.L) reported that its total forward sales, including joint revenuers, as at 31 December 2020 increased 14.3% to 13,588 homes at a value of 3.21 billion pounds. The home values were up 19.4% on last year. It is now over 90% forward sold for this financial year.
In its trading update for the half year ended 31 December 2020, Barratt said that it delivered 9,077 home completions including joint revenuers, up 9.2% on last year.
The company now expects wholly owned completions to be between 15,250 and 15,750 homes in fiscal year 2021.
The company expects a lower level of completions in its second half relative to its first half reflecting the reduced level of work in progress carried forward at December 2020 compared to June 2020 and, as a result, a greater reliance on construction activity in the half year ahead. The company continues to expect to deliver around 650 home ....

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68,000 Sri Lankans awaiting return – Foreign Secretary


Sunday, 03 January 2021 - 12:16
Since the evacuation of 33 students from Wuhan City, in February 2019, the Ministry has been carrying out the task of repatriation for almost a year now and to date 60,470 Sri Lankans, composed of pilgrims, students, Officials of Government or Armed Forces, migrant workers, short term visitors, sea farers and cases on compassionate grounds have been repatriated from 137 countries by the Ministry through the Sri Lanka Missions overseas.
Despite the worsening global situation triggered by the Covid pandemic, the process of repatriation of Sri Lankans, one of the most pressing challenges at hand has been judiciously spear headed by the Foreign Ministry under the directive of Minister Dinesh Gunawardana, enduring insurmountable challenges overseas amid lockdowns, isolations, curfews and closure of air space, to ensure swift return of Sri Lankans who are in distress. ....

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