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SK closes Plug Power deal, makes foray into Asian fuel cell and hydrogen market

SK closes Plug Power deal, makes foray into Asian fuel cell and hydrogen market
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

United statesChoo hyeong wookYu jeong joonJang dong hyunDesk holdingSk groupYsk holdingsPlug powerNorth americaஒன்றுபட்டது மாநிலங்களில்யூ ஜியோங் ஜூன்ஜங் டாங் யுங்ஸ்க் வைத்திருத்தல்ஸ்க் குழுஸ்க் ஹோல்டிங்ஸ்ப்லக் பவர்

SA should look East for lessons on economic development

SA should look East for lessons on economic development By Opinion Share Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the imperatives of policy, planning and budgeting over the medium-term horizon. South Africa adopted the framework in 1998. Countries with strong ties to the Bretton Woods institutions â the International Monetary Fund (IMF) and the World Bank â have adopted the medium-term expenditure framework as the main driver of budget policy. Like macroeconomic management orthodoxy, the Washington consensus forms the basis of this approach. The World Bankâs push for the adoption of frameworks has been subtle. For instance since 1991, they have been an integral part of the Bankâs products such as technical assistance, lending operations, and analytical and advisory services.

United statesSouth africaWorld bankDistrict of columbiaSouth koreaUniversity of the western capeWestern capeMatthew kofi ocranWorld bank groupInternational monetary fundHuman development indicatorYsk holdingsKorean development boardHyundai groupNational development planBretton woods

SK Biopharma dives after block

SK Holdings pocketed W1.12tr ($1bn) from a block trade of SK Biopharmaceuticals, but the deal hit the South Korean drug company’s share price hard, sending it tumbling more than 17%.

Soult ukpyolsiSouth koreaSouth koreanJonathan breenSk groupYsk holdingsதெற்கு கொரியாதெற்கு கொரியன்ஜொனாதன் ப்ரீன்ஸ்க் குழுஸ்க் ஹோல்டிங்ஸ்

ANALYSIS: Here s why & how the basis of SA s annual budgets needs an overhaul

Medium-term expenditure frameworks can be useful only when they are based on comprehensive medium-term development plans.

United statesSouth africaWorld bankDistrict of columbiaSouth koreaWorld bank groupInternational monetary fundHuman development indicatorYsk holdingsKorean development boardHyundai groupNational development planBretton woodsSecond world warEast asianEast asia

The basis of SA s annual budgets needs an overhaul Here s why, and how

Countries with strong ties to the Bretton Woods institutions – the International Monetary Fund (IMF) and the World Bank – have adopted the medium-term expenditure framework as the main driver of budget policy. Like macroeconomic management orthodoxy, the Washington consensus forms the basis of this approach. The World Bank’s push for the adoption of frameworks has been subtle. For instance since 1991, they have been an integral part of the Bank’s products such as technical assistance, lending operations, and analytical and advisory services. The thrust of medium-term expenditure frameworks is budgeting and public financial management. Indeed, the planning inherent in them is financial planning. That is the problem. They facilitate multi-year budget planning. Since the framework is an expenditure planning tool, it pays little attention to comprehensive economic development.

United statesSouth africaWorld bankDistrict of columbiaSouth koreaUniversity of the western capeWestern capeMatthew kofi ocranWorld bank groupInternational monetary fundHuman development indicatorYsk holdingsKorean development boardHyundai groupNational development planBretton woods