Understanding the Impact of Transparency on Trust

October 12, 2021

Business News, Economic System, Investing, And Financial Literacy

Business News

Reps ask NPA to reverse termination of settlement with IntelsThe House of Representatives yesterday waded into the ongoing controversy… FCMB Bank Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank Limited, an independently included subsidiary of First… FCMB Bank Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank Limited, an independently integrated Business News subsidiary of First City Monument… The House of Representatives yesterday waded into the ongoing controversy between the Nigeria Ports Authority … To drive the enforcement of the obligatory insurance coverage of public buildings throughout the country, The National…

Business News

Minister Maru remarked, “Indonesia’s economic system has grown tenfold over the last 20 years, driven partly by the government’s policy of banning uncooked material exports. Minister Maru added, “While Indonesia has historically relied on imports of manufactured goods, superior know-how, and technical expertise, it has successfully transitioned from a major sector financial system to 1 targeted on secondary and tertiary industries. “Downstream processing has been highly profitable in Indonesia, creating 1000’s of jobs, transferring higher-value skills, and introducing superior technological processes. The nickel SEZ at Weda Bay alone created 80,000 direct jobs and 12,000 oblique jobs—more jobs than PNG’s whole mining and petroleum industries combined. In 2022, investment in downstream mining surged to virtually US$9.2 billion, in comparison with US$4.1 billion in 2019,” Maru noted, emphasising the numerous position these investments have played in Indonesia’s mining trade.