LONDON: Liverpool forward Sadio Mane has signed a new long-term contract with the Premier League giants, the club announced on Thursday (Nov 22). Sadio Mane celebrates after scoring his first goal and Liverpool's second in a 4-1 win at home to Cardiff. (AFP/Paul ELLIS) The 26-year-old joined Jurgen Klopp's side from Southampton in June 2016, and has scored 40 goals for Liverpool, forming a deadly frontline alongside Roberto Firmino and Mohamed Salah. "I am very happy, very happy to extend my time at Liverpool," Mane said. "It is a great day for me and now I am looking forward to everything - to helping the team, to helping the club achieve our dreams and, especially, to win trophies. "For me, I have made the best decision in my career." The Senegal international scored 10 goals as Liverpool reached last season's Champions League final, and has started the new campaign strongly, netting six times in 11 Premier League games. He was also named on the 30-man shortlist for the … [Read more...] about Mane signs new long term deal with Liverpool
Long term goals
Long term investment is the key to sustainable returns
Arun Kelshiker, head of Portfolio Strategy at Standard Chartered Private Bank In our childhood, we learn some life-skills which we never really forget—skills such as riding a bicycle or swimming. But how often do we learn at a young age how to save and invest and plan our finances for ourselves and our loved ones? Yet, certain financial skills, such as making investment decisions, impact our longer-term life choices. Starting to invest early is probably one of the most basic financial knowledge one needs to imbibe at an early age. This is because the longer one lets one’s money grow, the bigger it grows. As Albert Einstein famously said: “Compound interest is the eighth wonder of the world and the most powerful force in the universe.” Once we start early, the next crucial investment idea is the knowledge that capital preservation is key to generating sustainable long-term returns. Yet, knowingly or unknowingly, many of us still find ourselves trying to … [Read more...] about Long term investment is the key to sustainable returns
Vietnam’s economic growth is on track but risks for long-term prospect remain
The Hanoitimes - The inflation target of under 4% in 2018 would be achievable if there is no major change in energy prices in the fourth quarter. Vietnam's GDP is projected to reach over 6.8% in 2018, however, internal and external risks are going to have significant impacts on the country's long-term prospect, according to the Vietnam Institute for Economic and Policy Research (VEPR). Overview of the VEPR's workshop. Source: Ngoc Thuy. Vietnam's economy in the third quarter expanded 6.88% year-on-year, leading to the overall growth of 6.98% in the January - September period, the best nine-month performance since 2011, stated Nguyen Duc Thanh, VEPR's director. "Vietnam is on track to reach and even exceed the growth target of 6.7% set by the National Assembly for the entire year," Thanh said at the launch of VEPR's quarterly macroeconomic report on October 10. In the long term, the Vietnamese economy will receive multi-dimensional impacts from … [Read more...] about Vietnam’s economic growth is on track but risks for long-term prospect remain
Banks seek ways to ensure long-term financial services for the poor
Illustrative image (Photo: VNA) Hanoi (VNA) – How to ensure financial sustainability and long-term financial services for the poor at the same time remains a headache for both policy makers and financial service suppliers. This issues was discussed at a workshop entitled “Pro-poor Rural and Agriculture Finance Best Practices: Experiences of Vietnam” held by the Vietnam Bank for Social Policies (VBSP), the Asia-Pacific Rural and Agriculture Credit Association and the International Fund for Agriculture Development in Hanoi on September 5. Dao Minh Tu, Deputy Governor of the State Bank of Vietnam (SBV), told the workshop that the Party, the Government and the banking sector have always paid special attention to finance for farming areas in Vietnam. Under the national target programme on sustainable poverty reduction, the VBSP was assigned to provide credit for poor households and social assistance beneficiaries. In addition, the Government and the SBV have … [Read more...] about Banks seek ways to ensure long-term financial services for the poor
Vietnam encourages private enterprises’ long-term investment
The Hanoitimes - Private businesses now contribute 43.22% to gross domestic product (GDP) and 39% of total social investment. Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade to issue policies and mechanisms to encourage major private enterprises to make long-term investment and develop national brands that can compete at home and abroad. The PM made the request at the first gathering of the National Steering Committee for economic restructuring and growth model, according to the Government Office. Private enterprises play an increasingly important role in achieving Vietnam's socio-economic goals, especially in the context of restructuring and regulating the scope of state-owned enterprises. The Communist Party of Vietnam aims to make the private sector an important driving force in the socialist-oriented market economy. Illustration photo According to a report by the Department of Business Development under the Ministry of Planning … [Read more...] about Vietnam encourages private enterprises’ long-term investment