Multilateral Investment Guarantee Agency

Multilateral Investment Guarantee Agency
Multilateral Investment Guarantee Agency
Type: Organization
Name: Multilateral Investment Guarantee Agency (MIGA)
First reported 11 hours ago - Updated 2 hours ago - 1 reports

Oyu Tolgoi nears closure

US Exim has lent US$500mn to the huge Oyu Tolgoi copper and gold mining project in Mongolia.The move comes as speculation mounts in the industry as to when the overall transaction will be closed, with sponsor Rio Tinto believed to have secured around ... [Published Global Trade Review - 11 hours ago]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Pacific warned on risk of increased mining-related conflict

A surge in mining-related conflict is likely to occur in developing countries over the next decade as new projects come on stream.The warning comes from one of Papua New Guinea's most respected leaders.Former PNG lawyer and diplomat Dame Meg Taylor, set ... [Published ABC Radio Australia - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Environment report on Vizhinjam Port by month-end, says CEO

Mumbai: Amid a fresh grievance filed at IFC against the much-delayed Vizhinjam project, the head of the proposed port said the complaint will have no material impact as the Rs 4,000-crore port is bound by a 2006 central government order."We are bound ... [Published Manorama Online - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

MoF organises workshop to review MIGA services

WAM ABU DHABI, May 21st, 2013 -- The Ministry of Finance (MoF) recently organised a workshop to showcase the services provided by the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, and discuss the benefits to UAE i ... [Published Emirates News Agency - May 21 2013]
First reported May 20 2013 - Updated May 21 2013 - 1 reports

World Bank arm assessing new complaint against Vizhinjam port

The World Bank Group?s independent arm CAO is assessing a new complaint that alleges the proposed multi-purpose in Kerala would adversely . The International Finance Corp, part of the World Bank Group, has been hired as the transaction advisor to assist ... [Published Hindu Business Line - May 20 2013]
First reported May 17 2013 - Updated May 18 2013 - 1 reports

Threat of terrorism a risk to business

Businesses looking to expand globally should be aware of the threat of terrorism and political violence, as nearly 100 countries worldwide have an identifiable risk of terrorist attacks.This is according to the 10th annual Terrorism and Political Violence ... [Published RISKSA Magazine - May 17 2013]
First reported May 11 2013 - Updated May 11 2013 - 1 reports

MONGOLIA - Rio Tinto attracts strong interest for OT loan

In what’s expected to be one of the largest resource financings in Asia this year, Rio Tinto has attracted significant interest for a $2.5 billion loan to expand the Oyu Tolgoi Copper-Gold Project. The finance will see construction of a $5.1 billion underground ... [Published Asia Miner - May 11 2013]
First reported May 03 2013 - Updated May 04 2013 - 1 reports

BASIS POINT-Rio Tinto firms up $2.5 bln Oyu Tolgoi loan

SYDNEY, May 3 (Reuters) - Global miner Rio Tinto Ltd (Xetra: 855018 - news) has attracted strong interest for a $2.5 billion loan to expand its Oyu Tolgoi copper and gold mine in Mongolia, in one of the largest resource financings in Asia this year, banking ... [Published Yahoo! UK and Ireland - May 03 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

IMF and World Bank hold their Spring Meetings making gloomy days for development

IMF – all talk and no substanceJust a few days before the Spring Meetings started, the IMF’s new World Economic Outlook revised the Eurozone’s growth projections downward once again, and with them global growth projections. This implicitly acknowledges ... [Published Global Policy Forum - May 03 2013]
First reported May 02 2013 - Updated May 02 2013 - 1 reports

World Bank Governors Endorse Historic Goals to End Extreme Poverty

The Development Committee has endorsed the World Bank Group’s goal to end extreme poverty within a generation as “ambitious”, saying that this endeavour by the Bank was a “historic opportunity” to make a difference.The Committee, at a forum in Washington, ... [Published This Day Online - May 02 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

People Moves May 2013

?Keiko Honda has been named executive vice-president at the Multilateral Investment Guarantee Agency (MIGA), part of the World Bank. Honda is joining from McKinsey and Co, where she was a director, and will replace Izumi Kobayashi whose term ends in June. ... [Published Project Finance Magazine - Apr 30 2013]
First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

BT20 nears market with National Highway 20 expansion

Read more: [Western Mekong] The BT20 consortium is in discussions with a group of international lenders to provide a $250 million loan for the National Highway 20 expansion project in Vietnam. Goldman Sachs is arranging the debt, and has approached the ... [Published Project Finance Magazine - Apr 25 2013]

Quotes

"The complainant raises concerns about the newly built port construction access road that runs through Mulloor village to the port area, as they believe it to be impeding aquifer recharge in the area" the CAO said as reason for accepting the complaint
"We did great work from 1990 to 2010, when we halved the poverty rate, but a lot of the success was due to the fact that China grew so rapidly economically and lifted 600 million people out of poverty" he said on April 24
...make a differenceadded these goals must be achieved without jeopardizing the environment, magnifying economic debt or excluding vulnerable people. "I have no doubt that the world can end extreme poverty within a generation. But it’s not a given and we cannot do it alone. It requires focus, innovation and commitments from everyone. This endorsement is an important step. If we succeed, together, we would have accomplished an historic milestone" Kim said
Wormser said: "These are countries where the risk is the highest, but where investment opportunities can also be the most profitable."

More Content

All (39) | News (31) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Oyu Tolgoi nears closure [Published Global Trade Review - 11 hours ago]
ICIEC supports investments and exportsinits mem... [Published Global Islamic Finance Magazine - May 22 2013]
Pacific warned on risk of increased mining-rela... [Published ABC Radio Australia - May 22 2013]
Environment report on Vizhinjam Port by month-e... [Published Manorama Online - May 21 2013]
MoF organises workshop to review MIGA services [Published Emirates News Agency - May 21 2013]
World Bank arm assessing new complaint against ... [Published Hindu Business Line - May 20 2013]
Threat of terrorism a risk to business [Published RISKSA Magazine - May 17 2013]
MICROCAPITAL BRIEF: G20’s Global Partnership fo... [Published MicroCapital - May 12 2013]
MONGOLIA - Rio Tinto attracts strong interest f... [Published Asia Miner - May 11 2013]
New group of female executives hopes to boost r... [Published Japan Times - May 08 2013]
IMF and World Bank hold their Spring Meetings m... [Published Global Policy Forum - May 03 2013]
BASIS POINT-Rio Tinto firms up $2.5 bln Oyu Tol... [Published Yahoo! UK and Ireland - May 03 2013]
Growth cuts role of China in global poverty fight [Published CHINAdaily - May 02 2013]
World Bank Governors Endorse Historic Goals to ... [Published This Day Online - May 02 2013]
People Moves May 2013 [Published Project Finance Magazine - Apr 30 2013]
BT20 nears market with National Highway 20 expa... [Published Project Finance Magazine - Apr 25 2013]
IMF and World Bank hold their Spring Meetings m... [Published Eurodad - Apr 25 2013]
Historic Goals to End Extreme Poverty Endorsed ... [Published Newswit.com - Apr 22 2013]
World Bank/IMF Spring Meetings 2013: Developmen... [Published Newswit.com - Apr 22 2013]
Development Committee endorses WB goal to end e... [Published Associated Press of Pakistan - Apr 21 2013]
WORLD BANK GROUP: World Bank/IMF Spring Meeting... [Published 4 Traders - Apr 21 2013]
IMF - INTERNATIONAL MONETARY FUND: Communiqu: D... [Published 4 Traders - Apr 21 2013]
Communiqu$: Development Committee$ [Published IMF - Apr 21 2013]
Statement by Japan, at the 87th WB/IMF Developm... [Published Noodls - Apr 21 2013]
Communiqu$, at the 87th WB/IMF Development Comm... [Published Noodls - Apr 21 2013]
WORLD BANK GROUP : Historic Goals to End Extrem... [Published 4 Traders - Apr 20 2013]
Time ripe for African investments in post-confl... [Published HumanIPO - Apr 17 2013]
Improving Institutional Capability and Financia... [Published Zunia.org RSS - Apr 16 2013]
World Bank looks to lure investors into conflic... [Published Sharenet - Apr 15 2013]
World: MIGA Approves new Facility for Conflict-... [Published ReliefWeb - Latest Updates - Apr 11 2013]
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MICROCAPITAL BRIEF: G20’s Global Partnership fo... [Published MicroCapital - May 12 2013]
The Global Partnership for Financial Inclusion (GPFI), which is mandated to carry out the financial inclusion action plan endorsed at the 2010 summit of the Group of 20 (G20) large economies, has released a set of “basic” financial inclusion indicators ...
Improving Institutional Capability and Financia... [Published Zunia.org RSS - Apr 16 2013]
Over the past decade, the World Bank, International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA) have committed about $50 billion for operations or guarantees in the transport sector, amounting to 12 percent of the World ...
MICROCAPITAL BRIEF: Master’s Degree Funding Ava... [Published MicroCapital - Mar 22 2013]
Applications are open through March 31 for the 2013 Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP), a program that grants scholarships for individuals to obtain master’s degrees in subjects related to economic development.  The program ...
MICROCAPITAL BRIEF: National Bank of Ethiopia (... [Published MicroCapital - Mar 10 2013]
The National Bank of Ethiopia (NBE), the county’s central bank, is reportedly planning to draft a policy framework to regulate the microinsurance industry. The companies that offer microinsurance now incorporate it into their general or life insurance ...
MICROFINANCE EVENT: International Fund for Agri... [Published MicroCapital - Feb 08 2013]
Event Name: Global Forum on Remittances 2013 Event Date: May 20-23, 2013 Event Location: United Nations Conference Centre, Bangkok, Thailand Cost: This event is free of charge. Summary of Event: The event is intended to promote awareness of remittances ...
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