Sri Lanka’s People Need a New Debt Deal - forbes.kz
WEB20 hours ago — As of March 2024, international bondholders held roughly $12.5 billion of Sri Lanka’s $34 billion in foreign debt. The deal Wickremesinghe announced just before the election proposes swapping existing debt for new bonds at a lower value — thereby imposing an immediate haircut on creditors, although much lower than required to restore debt sustainability under sensible assumptions — and ...
Kazakhstani Innovators Pave the Way for a Revolutionary …
WEBIn 2022, fate intervened and brought Soon Tong together with Olzhas Zhiyenkul the Founder of what was then known as Paladigm Capital (now renamed into Investbanq), and co-owner Talgat Kantayev.Hailing from Kazakhstan, this dynamic duo had already established a successful investment business in Singapore, impressing Wong with their visionary approach to the financial industry, their strategic ...
Forbes’ 35th Annual World’s Billionaires List: Facts And Figures 2021
WEBThe number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755—660 more than a year ago. Altogether they are worth $13.1 trillion, up from $8 trillion on the 2020 list. There are a record high 493 newcomers to the list—roughly one new billionaire every 17 hours, including 210 from ...
The rise of fintech - forbes.kz
WEBThe rise of fintech. Over the past few years, the financial technology sector gained traction amid investors, as reflected in the substantial investments in projects of this area - $226 bln (+75% YoY), according to tadviser. Vastly this trend has been accelerated by the pandemic of 2020 when the need for digitalization has affected many ...
Forbes Kazakhstan сентябрь 2024
WEBСентябрьский выпуск журнала Forbes Kazakhstan (№ 157). Главные темы номера – ренкинг торговых интернет-площадок.
Kaspi.kz: Moody’s upgrades our rating to investment grade
WEBMoody’s has upgraded its long-term deposit ratings to investment grade Baa3 from Ba1 with a stable outlook for Kaspi Bank, a core part of Kaspi.kz’s Fintech Platform. Moody’s cited sound profitability, liquidity and the resilience of Kaspi.kz’s proven business model including Fintech, Payments and Marketplace Platforms. According to ...
What has TCO done in 30 years to support the Kazakhstani ... - Forbes.kz
WEBIn general, over its 30-year existence, TCO has contributed over $176 billion in direct financial payments to Kazakhstan, including $43.6 billion spent on local goods and services. In 2022, our company reached its highest Kazakhstani content performance for the last 6 years of over 70%. This has had a multiplier effect, stimulated economic ...
Industrialization in Kazakhstan: first results and new challenges
WEBGross output of the sector in the first half of 2020 amounted to 3.7 trillion tenge. Its structure is dominated by the metallurgical industry (43%), increased food production (15%), the share of mechanical engineering (12%), the output of oil refining (7.3%) and chemical industry (4%). According to the results of seven months of 2020, the ...
A Summit Caught Between Past and Future - forbes.kz
WEBSep 29, 2024 — International cooperation tends to be hardest when it is needed most. This week, world leaders convened in New York for the United Nations Summit of the Future, which member states called for in 2020, on the UN’s 75th anniversary. The meeting’s agenda was as ambitious as its name suggests, aiming to forge consensus on peace and security, development, new technologies, and the protection of ...
Kazakhstan’s Soft Power - forbes.kz
WEBKazakhstan suffers from reputational perceptions that undermines its efforts at projecting its soft power. The key one is corruption. The other is poor concerted execution capabilities. The Kazakhstan-2050 Strategy defines “corruption” as a direct threat to national security, and appeals to the state and to society to collectively fight ...