India’s finance minister announced a $2.9bn maritime development fund to boost the country’s shipbuilding and repair industry, aiming to become a top 10 shipyard nation by the decade’s end. The government will contribute 49% of the fund, seeking the rest from ports and the private sector, with a focus on attracting Korean and Japanese investments. The revamped Shipbuilding Financial Assistance policy will incentivize Indian owners to scrap old vessels and modernize their fleets.
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GE2025: Physical rallies make a comeback, with 5 to take place on Apr 24
Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: The first five rallies for GE2025 have been approved and are set to take place on Thursday night (Apr 24).Rallies will be held by the People’s Power Party (PPP), Progress Singapore Party (PSP), People’s Action Party (PAP), Workers’ Party (WP) and Singapore Democratic Party...
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