SINGAPORE Nike Air Jordan Retro Shoes For Sale , April 12 (Xinhua) -- Shanghai Pudong Development Bank (SPD Bank) announced Wednesday that it had established a branch in Singapore.
The Singapore branch is the first overseas branch of SPD Bank and will spearhead its internationalization strategy, especially in Southeast Asia, the bank said.
Speaking at the opening ceremony on Wednesday evening, Sim Ann, senior minister of the state of Singapore Nike Air Jordan Retro For Sale , said financial cooperation is a key pillar of the cooperation between Singapore and Shanghai and the opening of SPD Bank's Singapore branch is a milestone for the internationalization of the bank which brings vitality to Singapore's vibrant financial environment.
The minister said the establishment of SPD bank's Singapore branch will further promote trade and economic exchanges and strengthen the financial cooperation between the two sides.
She expressed the hope the multifaceted cooperation between Singapore and Shanghai will promote the Belt and Road Initiative.
In his speech, Vice Chairman and President of SPD Bank Singapore Liu Xinyi underscored Singapore's pivotal role in the Asia Pacific region and the global financial sector, saying the bank aims to improve its cross-border financial services capabilities via the branch.
"The bank plans to make Singapore Branch our key regional hub, acting as a conduit between our clients and Southeast Asia, and at the same time using the establishment of the Singapore Branch as the new launch-pad of our internationalization strategy NIke Air Jordan Shoes For Sale ," said Liu.
SPD Bank has accelerated its pace of internationalization and comprehensive development in recent years. The Singapore Branch obtained its banking license from the Monetary Authority of Singapore on March 21, according to the bank's press release.
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COLOMBO, Sept. 28 (Xinhua) -- Sri Lanka is working to provide agriculture insurance to thousands of farmers, the government said here on Thursday, as the country continues to suffer under the worst drought in 40 years that has affected nearly 1.9 million people.
The government said on its official website that the Cabinet has approved the proposal from the Agricultural Minister Duminda Dissanayake which would consider providing 40 Nike Air Jordan For Sale ,000 Rupees (about 267 U.S. dollars) for each acre affected by natural disasters.
A range of crops including rice, maize, soya, large onions, potato and chillies would be covered under the scheme Nike Jordan Retero Shoes For Sale , the web post said.
Sri Lanka's State-run National Insurance Trust Fund (NITF) in 2016 insured all local households against natural disasters, making Sri Lanka one of the few developing countries in the world to have a countrywide insurance policy that includes all houses.
NITF will also be responsible for the agri-insurance scheme newly proposed by the government.
The developments come in the backdrop of an ongoing drought that has resulted in over 300,000 families in Sri Lanka becoming food insecure and raised indebtedness in farmer communities, according to the United Nations (UN).
Due to ongoing drought, the rice production for 2017 is expected to be the lowest paddy production in the last 10 years.
The government along with the UN and other organizations has rolled out relief programmes.
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BEIJING, March 22 (Xinhua) -- Premier Li Keqiang said on Tuesday that China will continue to open up and build a fair market environment.
Li made the remarks when meeting with foreign attendees of the China Development Forum 2016 on March 19-21.
Only if this policy is followed will China maintain a medium-high growth rate and achieve medium-high level of development, said Li.
He said China will develop its economy under the guidance of the new innovation, coordination Nike Jordan Shoes For Sale , green, open and sharing development concepts, which were outlined in the country's roadmap for social and economic development covering 2016-2020.
China will implement "supply-side structural reform" over the next five years to stimulate the vitality of the market, he said.
Supply-side structural reform, proposed by policymakers in November Nike Jordan For Sale , aims to advance economic restructuring by reducing ineffective and low-end supply, and boost productivity by expanding medium-to-high-end supply.
China is counting on mass innovation and entrepreneurship to foster new growth engines, said Li, adding that China will spare no effort when advancing technological and institutional innovation.
The China Development Forum is a state-level event sponsored by the Development Research Center of the State Council, which is committed to "engaging with the world for common prosperity."
The foreign representatives at the event included Ford president and CEO Mark Fields Air Jordan Retro Shoes For Sale , Yale University president Peter Salovey, and Nobel laureate Michael Spence.