LILONGWE: Malawi´s top appeals court on Friday rejected President Peter Mutharika´s bid to scrap the annulment of controversial elections last May which he narrowly won, paving the way for a rerun in July. Mutharika had appealed a landmark decision by the Constitutional Court to...

LILONGWE, Malawi: Malawi’s top appeals court on Friday rejected President Peter Mutharika’s bid to scrap the annulment of controversial elections last May which he narrowly won, paving the way for a rerun in July.Mutharika had appealed a landmark decision by the Constitutional Court to...

Guarantees are one of government’s most powerful financing tools for mobilizing private sector participation in development projects.

The Ministry of Environment, Forest and Climate Change (MoEFCC) has drafted the Environment Impact Assessment (EIA) notification 2020 to curb the construction violations across the country. The new draft would replace the EIA notification 2006. The Ministry of Environment, Forest and Climate change (MoEFCC) has proposed a new set of environment clearance norms in its Environment Impact Assessment (EIA) notification 2020. Earlier, the environment approvals to construction projects  were given as per the criteria stated in the EIA notification 2006; however, the new draft would replace the former set of rules. The Ministry has placed the EIA report in the public domain on March 12, 2020 and has sought views and comments […]

Rawalpindi : Four suspects allegedly involved in the killing of a newlywed couple, in apparently an honour killing case, were arrested here on Friday from the jurisdiction of Airport Police Station.Junaid and Sidra were murdered few days back in apparently an honour killing case after they tied...

ADB has a vacancy for the position of Procurement and Contracts Officer in the Office of Administrative Services. The deadline for submitting applications is on 22 May 2020.

ADB has approved $50 million in loan and grant financing to help the Government of the Kyrgyz Republic mitigate the significant negative health, social, and economic impacts of the novel coronavirus disease (COVID-19) pandemic.

Tunisia said it inspected a Turkish plane headed for Libya with medical aid that landed at an airport near the border.

ADB has a vacancy for the position of Procurement and Contracts Officer in the Office of Administrative Services. The deadline for submitting applications is on 22 May 2020.

ADB signed an agreement today to provide $8.32 million in financing to the Government of Pakistan to enable vital preparatory work ahead of a series of major projects to enhance water availability and increase agricultural...

This video demonstrates how High Level Technology (HLT) can be harnessed by borrowers to help improve outcomes in procurement activities funded under ADB loans and grants.

This video outlines some of the benefits of Public-Private Partnerships (PPP) and the typical roles and activities assigned to various sector participants.

This video defines State-Owned Enterprises (SOEs) and guides borrowers on how to assess their viability to participate as bidders under ADB funded projects.

Memory Products MCC Library V2.4.0

NEW DELHI: Realty firm Ambience today said it will invest about Rs 1,950 crore over the next four years to develop two luxury housing projects in Gurgaon and Noida. The Delhi-based company will develop over 1,030 apartments in these two projects launched today. Ambience has presence in Delhi and Gurgaon property markets. It is developing a 150-acre project ‘Ambience Island’ in Gurgaon that comprises premium homes, ‘Leela Ambience’ hotel with over 400 keys and a huge shopping mall. In Delhi, it has a ‘Kempinski Ambience’ hotel comprising 480 keys and a shopping mall at Vasant Kunj. “We are coming up two new projects in Noida and Gurgaon. We are entering […]

Approved project 53128-001 in Pakistan.

This paper examines digital financial services and products—powered by financial technology—as well as low technology solutions that can boost digital financial inclusion for women in remote and rural areas.

Privatization has different effects depending on the types of owners to whom it gives control in corporate governance.

Privatization has different effects depending on the types of owners to whom it gives control in corporate governance.

MUMBAI: US private equity firm Kohlberg Kravis Roberts & Co has made its entry in the country’s real estate sector by finalising investments of Rs 750 crore in two property projects. KKR has struck a structured debt transaction for Rs 400 crore for the Bhartiya Group’s integrated township project in Bangalore, two people with direct knowledge of the transactions said. It also agreed to provide a Rs 350 crore structured loan to the Wadhwa Group’s luxury home project in west central Mumbai, they said. The group will use the money to repay other lenders of the project, where the cost of apartments ranges from Rs 1.5 crore to Rs 10 […]

KOLKATA: The state Public Works department (PWD) have divided all its circles into three zones – North, West and South for better supervision and monitoring of development projects of various government department entrusted to PWD all over the state. The PWD authorities were mulling on the plan to reorganise all its circles with the aim to implement the concept of coming up with three zones – North zone, West zone and South zone – so that the authorities can properly monitor and supervise all development projects that have been entrusted on them by the other departments. The PWD has several circles under the PWD road division, national highway and state […]

According to a study by India Ratings, lack of credit availability and ongoing economic slowdown in India due to the coronavirus pandemic could lead to the residential sector witnessing weak demand in the fiscal year 2020-21.  Residential demand could remain muted in the next financial year, 2020-21 due to the increasing risks to India’s growth in case the economic impact of coronavirus continues beyond the first quarter.   Moreover, the housing sector faces a liquidity crunch and refinancing challenges due to increasing uncertainty over the availability of credit in the market, coupled with poor demand. This is in the backdrop of the recent meltdown in the financial market and rising risk […]

In order to expedite the completion of eight stalled residential projects in Noida and Greater Noida, the National Buildings Construction Corporation Limited (NBCC) would soon issue a tender. The NBCC has plans to float a tender for completing the eight stalled housing projects of Amrapali, which includes over 23,000 residential units in Noida and Greater Noida with a total investment of over Rs 5,000 crore. The decision to issue the tender was made after the directive issued by the Supreme Court (SC) to take over the stalled projects in the region. Last year, the apex court had given the responsibility to State-owned NBCC to complete the delayed projects in NCR at the […]

NEW DELHI: As many as 29 special economic zone developers including Tata Consultancy ServicesBSE -0.20 %, Parsvnath Infra and Navi Mumbai SEZ Pvt Ltd have sought more time from the government for implementing their projects. The inter-ministerial Board of Approval (BoA) chaired by Commerce Secretary S R Rao will consider these requests at its meeting on November 8. Posco-India Pvt Ltd, Unitech Infracon and Lodha Dwellers have also requested additional time for project implementation from the BoA, according to the agenda note of the meeting. The developers have cited reasons like global meltdown and fluctuating market conditions for delay in completion of projects. TCS, which is setting up IT/ITES zone […]

STAMFORD, CT – HARMAN, the award-winning maker of outstanding audio and entertainment solutions, announced today that eight new products have been named CES Innovation Award winners for 2014. The awards were presented by the Consumer Electronics Association (CEA®), producer of the International Consumer Electronics Show (CES), the world’s largest consumer technology tradeshow. Products from HARMAN’s JBL, Harman Kardon, Infinity, AKG, and Aha brands were recognized for outstanding design and engineering in consumer electronics.

You heard it here first: in 2018, HARMAN received a record-breaking 53 product design and technology awards, bringing our six-year-total to more than 300 awards for 190 different products.   This unprecedented number is a direct reflection of our...

The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence,...

The planet’s largest areas of undisturbed wilderness in Siberia and tropical rainforests are under threat from huge waves of development. Here’s what it looks like

Across the world, new roads, railways, dams and power lines are encroaching on previously virgin territory – with untold consequences for Earth’s wildlife

Christopher Medina-Kirchner used to be a drug dealer. Now he is a researcher looking at their effects, and says society's views on drugs and addiction need updating

NASA on Thursday selected space firms SpaceX, Blue Origin and Dynetics to build lunar landing systems that can carry astronauts to the moon by 2024, the White House's accelerated deadline under the space agency's moon-to-Mars campaign. Jillian Kitchener has more.

From surveillance to healthcare, artificial intelligence is getting personal. As companies join the AI race, the technology is also raising ethical concerns.

Effective altruists use evidence and reason to maximise the impact of their kindness. Joshua Howgego follows their lead to see if it can help him do good better

At a ceremony honoring nurses at the White House on Wednesday, U.S. President Donald Trump contradicted a New Orleans nurse who said the availability of personal protective equipment has been 'sporadic.'

U.S. President Donald Trump on Thursday said it's "one of those things" after he learned that a White House valet tested positive for the coronavirus, noting contact with that person was limited. Gavino Garay has more.

At a ceremony honoring nurses at the White House on Wednesday, U.S. President Donald Trump contradicted a New Orleans nurse who said the availability of personal protective equipment has been 'sporadic.'

The Bank of England says the UK faces its worst slump in 300 years, but on Thursday held off from any moves on rates or bond buying. Julian Satterthwaite reports.

U.S. President Donald Trump on Thursday said it's "one of those things" after he learned that a White House valet tested positive for the coronavirus, noting contact with that person was limited. Gavino Garay has more.

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