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Inflation and higher rates of interest have eroded Canadians’ purchasing power since 2022, notably for lower-income households, a new report from the parliamentary budget officer has discovered. Statistics Canada says the nation posted a merchandise commerce deficit of $1.1 billion in August as lower oil costs weighed on exports. All the content material on this web site is copyright protected and could be reproduced solely by giving the due courtesy to ‘ft.lk’ Copyright © 2004 Wijeya Newspapers Ltd.

The contract will commence in Q4 2025, with LNG being supplied from Santos’ international portfolio of world-class LNG assets on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher stated the contract with TotalEnergies marks a new LNG relationship for Santos, constructing on its present three method partnership partnerships. Our portfolio is well-balanced over the short to medium time period, with round eighty % of volumes listed to grease prices and about twenty p.c uncovered to identify pricing,” Gallagher mentioned. “There continues to be extraordinarily robust demand in Asia for high-heating-value LNG from initiatives such as Barossa and PNG LNG, as international locations focus on decreasing their carbon emissions. Santos is committed to supporting the energy security of our valued prospects across Asia, the place gasoline will play a crucial function in decarbonisation efforts throughout the area,” Gallagher added.

While the RRSP as a retirement vehicle has obvious advantages, additionally they include pitfalls that may have an effect on your long-term monetary health. Personal finance contributor Christopher Liew explains how RRSPs work and outlines a few of their drawbacks. Personal finance contributor Christopher Liew explains some of the downsides of obsessive frugality and provides some recommendations on tips on how to stability frugal dwelling with residing your every day life. Financial Independence and Early Retirement is a growing movement for individuals looking to retire earlier than the normal age. Personal finance contributor Christopher Liew digs into the origins of the FIRE formulation and outlines steps to implement it in your life. Personal finance contributor Christopher Liew provides sensible tips for folks who want to give their children skills to develop clever money habits early on in their lives.

The UK’s Channel 4 has reported a document loss as it was hit by a “tough cyclical TV advertising downturn” but mentioned it was beginning to stabilise. Gojek, Grab, Bluebird lead method for EV adoption in Indonesia By replacing a part of their fleets with electric autos, ride-hailing and taxi corporations may create the crucial mass in charging station demand to set off widescale EV use in Indonesia. Global chip crunch stunts Indonesia automobile gross sales restoration Automakers see the semiconductor shortage as stopping them from absolutely using a brief lived tax reduce on new cars to recover sales to prepandemic levels. FCMB attains ISO Certification for Quality ManagementLeading monetary providers supplier, First City Monument Bank , has…

In support of small and medium enterprises within the tourism sector, the PNG Tourism Promotion Authority and the Ministry of Tourism, Art and Culture officially launched the Tourism Business Incubation Center on September twenty seventh in Port Moresby. Key figures, including the Minister for Tourism, Arts, and Culture, Hon. Belden Namah, TPA CEO Eric Mossman Uvovo, National Cultural Commission CEO Steven Enomb Kilanda, and NCDC Governor Hon. Namah emphasised the vital position of small businesses within the nation’s economic improvement in his keynote tackle, as he expressed gratitude to members for his or her contributions to the country’s progress. Namah reflected on the need for financial independence, acknowledging the political foundation laid by the country’s founding fathers.

The government has fired up traders by encouraging banks to lend more to buyers of shares and actual property, however officials refrained on Tuesday from promising extra stimulus. Where companies share concepts Business News, opportunities and challenges with local weather change. An authoritative house for businesses to share concepts, construct relationships and develop options to future challenges.