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Vietnam
German investor plans green energy projects in Vietnam: report
Two wind and solar power plants will have an output of 150 MW eachSouth Korea's Daewoo to build $2.7 bln power plant in Vietnam: reportGeneral Electric signs agreement to develop wind energy in Vietnam
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India Vietnam
Vietnam approves S Korean bank Woori's unit
The bank is expected to draw more capital flows from South Korea, now the biggest foreign investor of VietnamBank of India enters Vietnam: reportS.Korea's Woori Bank to form Vietnam unit by JulyVietnam's VietinBank signs $200 mln syndicated loan with 18 foreign banks
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Vietnam
Malaysia's Janakuasa starts work on $2.2 bln power plant in Vietnam
Construction is slated to complete in five yearsSouth Korea's Daewoo to build $2.7 bln power plant in Vietnam: reportVietnam M&A deals to hit new record at $6 billion: forecast
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Vietnam Myanmar
SE Asia stocks: Rise as oil prices extend gains; Vietnam outperforms
Petrovietnam Gas Joint Stock Corp, the country's second-largest listed firm by market value, rose as much as 2.54 percentStocks: Vietnam, Philippines fall as corporate earnings disappointVietnam's FPT to invest in Myanmar financial switching systemVietnam to unveil new stock index VNX Allshare
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Israele
Business in brief: Israeli Arab expat buys rights in two energy projects from Globe
Noble says its Israeli gas output rose 28% in quarter | Tel Aviv shares end higher, paced by tech and Teva | Tel Aviv shares end higher, paced by tech and Teva
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Sudafrica USA
WFP’s "ShareTheMeal" App fundraises for school children affected by El Niño drought
Source: World Food Programme Country: MalawiThe goal is to provide school meals for an entire year to 58,000 school children in Zomba, a southern Malawi district severely affected by drought and experiencing high levels of food insecurity.ROME/LILONGWE – Starting today, the World Food Programme’s ShareTheMeal app will fundraise to support emergency ...
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Nigeria
Private sector downturn eased in July – Stanbic IBTC
Stanley Opara The downturn of Nigeria’s private sector showed signs of easing in July as both output and new business fell at slower rates, having dropped to the greatest extent in the June, according to Stanbic IBTC Bank Nigeria Purchasing Managers’ Index. The survey revealed that growth of employment and ...
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Nigeria
Recession: Economists advise FG to boost exports
Ifeanyi Onuba, Abuja Economists on Wednesday called on the Federal Government to stimulate the level of exports of goods and services in order to take the country out of recession. The economists said at a monthly round-table in Abuja on the Nigerian economy that while the country had enough resources ...
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USA Nigeria
‘I shared Diezani’s N23b poll cash among Northeast states’
Former Finance Minister Mrs Nenadi Usman has shed light on how she shared N23 billion among Northeast states at the instance of former Petroleum Resources Minister Mrs Diezani Alison-Madueke for the prosecution of last year’s presidential election. She told Economic and Financial Crimes Commission (EFCC) detectives that Alison-Madueke gave her ...
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Nigeria
Businesses stumble in the face of recession (II)
Since FMN imports the bulk of its raw materials (particularly wheat), the adoption of a more flexible exchange rate regime by the CBN and the consequent downward shift in the naira exchange rate to around N295 per dollar from N197.50 previously, severely impacted its cost of sales and was the ...