Investment

Global economic prospects to improve in 2015, but...

The World Bank Group’s Global Economic Prospects (GEP) says following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets.

After growing by an estimated 2.6 percent in 2014, the global economy is projected to expand by 3 percent this year, 3.3 percent in 2016 and 3.2 percent in 2017, predicts the Bank’s twice-yearly flagship. 

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NPA generates US$26.5 Million

The Managing Director of the National Port Authority, Madam Matilda Parker, has disclosed here that in the midst of the Ebola outbreak, the National Port Authority generated US$26.9 Million in 2014.

Madam Parker has also projected that the nation’s four major ports will receive increase vessels by 2035. 

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Liberia, Guinean company sign $1.3bn deal

The National Investment Commission of Liberia along with the inter-Ministerial Concession Committee (IMCC) will today, Friday, January 23, 2015 sign a 25-year Infrastructure Development Agreement with the West Africa Exploration SA (WAE) Sable Mining for the transshipment of Guinean-based ore through Liberia.

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GVL welcomes Greenpeace assessment

The oil palm company Golden Veroleum Liberia (GVL) has expressed appreciation for Greenpeace progress report on its principal investor, Golden Agri Resources (GAR). On 22 December 2014, Greenpeace published a report on Gar, giving its views on GVL operations here.

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Industrial complexes spring up

--As Sethi dedicates new factory

Industrial and manufacturing complexes are beginning to spring up in Liberia with more made in Liberian goods appearing on the  shelves of Super Markets and shops.

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Liberian staff promoted at GVL

The Management of Golden Veroleum Liberia (GVL) on 1 December 2014 promoted Miss Brenda Howard and Miss Isaline Kollie [all Liberians staff] to the positions of Administrative Manager and Administrative Assistant respectively.

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Business & Motivation

The whole world is just about business. Business is life and life is business. There isn’t anything that does not involve the process or the concepts of business. So, as you read on, it is important for you to know that what you do with the information that you are receiving will determine your place in the world of business.

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Liberia close 2014 bid round for offshore blocks

The National Oil Company of Liberia (NOCAL) Tuesday announced that the Liberia Basin 2014 competitive bid round has closed.

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Liberia asks investors to return

The Government of Liberia is appealing for the return of investors, companies and contractors that halted operations and left the country due to the Ebola crisis, reminding that “the period of forced-manjure” has ended.

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Marketers decry lack of business

A NewDawn’s survey reveals that marketers in Margibi County are seriously complaining about the lack of business transaction. Marketers in Kakata, Weala and areas of Firestone in Margibi lamented that customers hardly go to their various stalls to buy, which is causing their products to rot. They sell various foodstuffs such as rice, pepper, oil, fish, and biscuits, among others. Others are involved in the sale of used clothes, cosmetics, and varieties of skin products.

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