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Showing posts with the label Finance

Fish Farm Tanks-Financing and Loans

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  Fish Farm Tanks-Financing and Loans Fish farm construction is emerging as the fastest growing sector as far as animal food production is concerned. National bank of agriculture and rural development, which is a government setup financial institution for the support and to promote rural development and sustainable agriculture in the country. Aquaculture  which comprises breeding and raising of fishes in an enclosure refers to as  fish farming . These fishes are sold as food and in current times, fish farming is emerging as the fastest growing sector as far as animal food production is concerned. Fishes alone from sea and rivers are not enough for human consumption and half of the consumed fish all over the world are raised in these unreal environments. Most common farmed fish varieties include salmon, halibut, cod, tuna and trout. Considering the high demands for fish, construction of a fish farm business should be a better stance in the economic development of a country...

Construction and financing for steam power plants (SPP)

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  Construction and financing for steam power plants (SPP) Modern steam turbine power plants that run on coal, natural gas and other fossil fuels will remain in demand in the coming decades, despite the growth of renewable energy sources. Being a kind of bridge to the future, such  energy  facilities continue to provide the population and industrial consumers with cheap energy. Today, energy companies are forced to solve numerous technical, financial and environmental problems, meeting the growing demand for electricity and flexibly responding to load fluctuations caused by the introduction of RES. The construction of steam power plants with high efficiency and minimal emissions can improve the situation by increasing the competitiveness of thermal energy. According to the EIA, the average age of thermal power plants in the United States today reaches 40 years. In some countries this figure is even higher. By 2050, the share of fossil fuels in the global energy mix will be...

Finance and Technology; Basic Principles

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  Finance and Technology; Basic Principles Finance and Technology have always been intertwined, from the invention of the abacus to make financial calculations easier to the mammoth supercomputers that are used to drive complex financial models today. The fintech industry was born out of that merger, and now the majority of financial activity is carried out on mobile phones, enabling more people to have access to financial services. Technological disruptions over the last few decades have changed how we communicate, talk, make purchases, and do business. Emerging technologies in the financial services industry have consistently disrupted how consumers interact with their money, what they expect from financial institutions, and how those organizations operate. Today, new technologies make processes easier, more efficient, reduce errors, improve communication, and change how consumers see and interact with money. What is Fintech (Financial Technology)? Fintech is a combination of th...

Access to Finance and Economic Development

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The finance and Economic development Progression There is strong evidence that access to finance is conducive to economic growth. This is a long-standing view in economics. As early as 1939, Joseph Schumpeter, one of the fathers of modern economic thought, highlighted the instrumental part played by banks in encouraging technological progress and economic development. The link between finance and growth is therefore relatively robust. However, the way in which finance is secured also matters. Finance can be accessed through external and internal sources. The former comprise capital inflows received from the rest of the world, while internal sources are the resources that an economy can muster on its own. Let me review both in turn. “The channels through which finance fastens growth include: Access to finance through external sources Over recent years we have witnessed a significant rebound in capital inflows, contributing to an acceleration in growth in emerging economies. Financia...