Banking Construction

Latest News for: Banking construction

Edit

NEA adds 1.5MW solar power to national grid

The Himalayan 05 Jun 2020

The remaining works are being done but construction is expected to take some time as the Environmental Impact Assessment (EIA) report is in the process of approval, he said ... The solar plant is being constructed with assistance worth $37 million in soft loan from the World Bank....

Edit

Huangpu River waterfront brings brand new look to Shanghai’s urban scenery

People Daily 05 Jun 2020

The waterfront stretching 23 kilometers along the banks of Shanghai’s Huangpu River is now the favorite leisure space of Shanghai citizens. The brand new landmark of Shanghai, which took 15 years to construct, serves as an important link between the metropolis’ economic center and densely populated areas....

Edit

Marco's Pizza enters Red Bank: Owner wants to tap downtown Chattanooga, north of the river

Times Free Press 05 Jun 2020

A Marco's Pizza is moving into Red Bank with the new eatery slated to open late this summer as the owner looks to tap into downtown Chattanooga and the area just north of the Tennessee River ... Plans are to push the Red Bank store's catering business as well to schools in the area, Sanders said....

Edit

Amrapali: SBI Cap, UCO Bank agree to infuse funds

The Times of India 04 Jun 2020

But construction work is stuck due to fund crunch as NBCC, which has been given the task to complete the construction, refused to invest even as home-buyers have not been able to clear their dues as banks are not releasing instalments of loans which have been declared NPA....

Edit

J&K Co-op Bank ex-chairman arrested in Rs 223-crore fraud

International Business Times 04 Jun 2020

The fake construction company, called River Jhelum Building Society, had taken a loan of Rs 223 crores from the co-operative bank for constructing a satellite ......

Edit

Piyush Goyal suggests real estate developers to sell now and not wait for the market ...

Moneycontrol 04 Jun 2020

He further pointed out that holding on to inventories even as bank loans pile up would be erroneous, as precedent has shown that those who leveraged losses and sold at lower prices were better off than those who wait ... Further, states and union territories (UTs) were also allowed to extend construction permissions by nine months from original date....

Edit

Piyush Goyal suggests real estate developers to sell now and donât wait for the market ...

Moneycontrol 04 Jun 2020

Edit

Unprecedented decline in construction eases in May but gloom remains – survey

Belfast Telegraph 04 Jun 2020

The construction ... “That said, the downturn in construction activity should be less deep and long-lasting than in the 2008-2009 recession, given that banks are better placed to supply credit through the recovery, and public sector investment will be increased, not squeezed.”....

Edit

Tampa International Airport delays $906 million in construction

Tampa Bay Times 04 Jun 2020

TAMPA — With air travel off more than 90 percent, Tampa International Airport said Thursday that it will delay or cancel nearly $906 million in construction projects ... Along with delaying construction projects, the airport’s board voted to increase a line of credit the airport has with Truist Bank from $100 million to $200 million....

Edit

Outdoors Briefs

Arkansas Online 04 Jun 2020

Construction of the new concrete ramp must be completed in sections, with each section requiring time to be poured, harden and cure before it is pushed into position and anchored in place. Construction crews are hopeful that they will be able to complete the job by June 30, depending on weather and river conditions....

Edit

US prosecutors praise UAE role in effort to recover $20m from aborted Georgian hotel deal

The National 04 Jun 2020

He is said to have created fake invoices for construction material to convince South Korean banks and regulators to release the money. In a separate development, the Industrial Bank of Korea agreed to pay $86m in fines over failing to stop the laundering ... This Georgian bank then ......

Edit

ECB gives ailing euro zone economy another shot of stimulus

The Irish Times 04 Jun 2020

The bank earlier committed to buying up to €1.1 trillion worth of bonds this year ... Although the ECB says only the European Court of Justice has jurisdiction over its work, board member Isabel Schnabel, herself a German, has said the bank is ready to play a constructive role in resolving the dispute....

Edit

US says Alaska man laundered nearly $1B for Iran through UAE

Beaumont Enterprise 04 Jun 2020

Zong helped Iran by creating fake invoices for construction material, using them to convince South Korean banks and regulators to release the money, federal prosecutors said. In April, the Industrial Bank of Korea agreed to pay $86 million in fines over failing to stop the laundering, federal prosecutors in New York said ... court filings ... as well....