It's about Business in Kerala!
Trivandrum: Kerala Financial Corporation (KFC), the premier development financier in the State, has pioneered into the field of financing the entertainment industry and has brought out two schemes, which were launched by the Minister for Finance, Shri K M Mani at Thiruvanathapuram on July 06, 2012. Under the scheme, KFC will finance Rs.2 crores for movies and Rs.20 crores for building multiplexes.
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Trivandrum: UAE Exchange, a leading global remittance and foreign exchange brand, has announced that it has opened its 600th branch in the global network, strengthening the position of as the largest globally networked remittance brand in the world. This network includes 300 branches in India, which is the largest among the entire global operations of UAE Exchange.
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Trivandrum: Australia has welcomed the government’s Emerging Kerala Global Connect initiative as an opportunity to strengthen engagement with the State in a number of sectors, particularly education, agriculture, energy and waste management. A high-level Australian diplomatic delegation led by High Commissioner Peter N Varghese met Chief Minister Shri Oommen Chandy, senior ministers and officials to discuss the possibility of new trade and business partnerships.
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Kottayam: The Government of India has included branded ‘Indian Natural Rubber’ in the Market Linked Focus Product Scheme (MLFPS). According to the Foreign Trade Policy amendment by the Ministry of Commerce and Industry on June 05, 2012, branded NR would be incentivised and entitled to duty credit scrip equivalent to 2 per cent. Indian NR has been included as 147th item in the MLFP scheme.
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Trivandrum: Kottayam based rubber products manufacturer, TJP Group, has signed Memoranda of Understanding (MoUs) with China’s Jingdong Rubber Company for two joint ventures (JV), signalling the first Chinese investment in Kerala. The tie-up provides a massive fillip to the State as it gets ready to host the high-profile Emerging Kerala 2012 Global Connect with the aim of pitching itself worldwide as a business hub and preferred investment destination.
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