The government could consider raising the prices of essential utilities after the April 10 general elections as a preemptive measure against the potential economic repercussions of global oil market uncertainties, according to economic and political experts, Wednesday.
South Korean stocks closed lower Tuesday as investors booked profit ahead of the US Federal Reserve's policy meeting later this week. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 1.84 points, or 0.07 percent, to close at 2,498.81, ending its three consecutive session advance. Trade volume was moderate at 476.1 million shares worth 8.63 trillion won ($6.49 billio.
LX Pantos, the logistics arm of LX Holdings, said Tuesday that it has signed a partnership with Korea East-West Power Corp., an affiliate of the state-run Korea Electric Power Corp., to ramp up production of eco-friendly solar power as part of its efforts to cut emissions. Under the agreement, LX Pantos will provide some 18,000 square meters of roof space at its logistics center in Ansan, Gyeonggi Province, to build .
Rand Merchant Bank Boosts African Carbon Business With Offset-Backed Loan bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The loan to KOKO Networks, plus an undertaking for future financing, will help support the expansion of a company that has supplied 1.1m Kenyan homes with bioethanol fuel and cookers.