TEMPO.CO, Jakarta – Bank Indonesia (BI) recorded that the number of merchants utilizing its Indonesian Standard Quick Response Code (QRIS) currently stood at 19 million since being launched on August 17, 2019. Of the total figure, 90 percent are micro, small, and medium enterprises. QRIS makes payments easier, cheaper, and faster, so that all parties are
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The US Department of Energy (DOE) has announced $56 million in funding to boost US solar manufacturing and recycling. Of those funds, $10 million will come from President Joe Biden’s Bipartisan Infrastructure Law. That money should provide a much-needed boost to the US solar manufacturing industry as around 90% of US solar panels are currently
Western Forest Products Inc. VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced capital investments totaling approximately $29 million towards its B.C. operations. The investments are part of the Company’s ongoing commitment to support value-added manufacturing on the B.C. Coast and grow its
COLT 2022-6 Mortgage Loan Trust is preparing to issue $423.3 million in mortgage-backed securities (MBS), or certificates, in a deal secured by a pool of 1,017 nonprime loans. The transaction will have to overcome several potentially negative credit drivers, according to Fitch Ratings. For one, home price values in the current pool are 9.7% below
The former Farmland site is pictured on Friday, Aug. 27, 2021. Lots that have been developed as part of Lawrence VenturePark can be seen in the foreground. Post-pandemic life — whenever that begins — is likely to feature a race. It will be between communities looking to prosper. Local leaders are
Coinbase Co-founder and CEO Brian Armstrong Photo by Steve Jennings/Getty Images for TechCrunch Coinbase announced recently it will add $500 million of cryptocurrency to its balance sheet, and invest in a portfolio of crypto assets. Analysts largely agree the move signify’s Coinbase’s commitment to the cryptocurrency space. But several
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HOUSTON – Judge Lina Hidalgo held a press conference Tuesday morning to announce a proposal for a new $30 million relief fund to support micro and small businesses recovering from the economic effects of the COVID-19 pandemic. Hidalgo said the small business recovery fund would use money from the American Rescue Plan Act (ARPA) and
Share Tweet Share Share Share Email Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its FinTech division, PayMaya Philippines, and expand into digital banking and financial services. “We have seen a quantum
UNIONDALE, N.Y., June 25, 2021 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (“Arbor”) (NYSE:ABR) today announced the closing of a multifamily mortgage loan securitization totaling approximately $450 million (the “Securitization”). Arbor affiliate Arbor Private Label, LLC, originated the mortgage loans and was the loan seller and sponsor for the Securitization. The Securitization is the second