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House panel approves bill strengthening rural banks

BusinessWorld May 14, 2021 | 7:14 pm THE HOUSE Committee on Banks and Financial Intermediaries approved a proposed law that will boost rural lenders in the Philippines. In a hearing on Friday, the committee approved with amendments the Consolidated Bill and the Committee Report on House Bills 4256, 4622, 5143, and 8359 or the proposed Rural Banking Act of 2021. The bill and report were products of the panel’s technical working group headed by the Bangko Sentral ng Pilipinas. The measure will still be up for amendments after committee member Lanao del Norte 2nd District Rep. Abdullah D. Dimaporo said the system must focus on making the banks accessible and suitable for the poor.

Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary:  Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is good for growth. Diversification is also tremendously important for resilience.” Unfortunately, this goal continues to elude many African countries. In fact, the continent is home to eight of the world’s fifteen least economically diversified countries. This reality weakens the foundation of their economic transfomation and slows their pace of progress. It also makes these countries part

ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 INTERIM DIVIDEND

Investegate |Royal Dutch Shell plc Announcements | Royal Dutch Shell plc: ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 INTERIM DIVIDEND

CAUTIONARY NOTE The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively.  Entities over which Shell has signi

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