Economic development

Ten Pennsylvania Communities Selected to Participate in Community Revitalization Initiative

Retrieved on: 
Monday, April 29, 2024
Banking, Urban Planning, Men, Fund Raising, Professional Services, Foundation, Philanthropy, Family, Architecture, Consumer, Other Construction & Property, Residential Building & Real Estate, Construction & Property, Other Philanthropy, Other Consumer, Women, Finance, Volunteering, United States Capitol rotunda, Investment, Federal Home Loan Banks, City, Discounting, Commonwealth, Trust, Customers Bancorp, Knowledge, Blueprint, Local government, PDC, Lehigh Valley, Economic development, Lieutenant, Community, Community First Fund, Quality of life, Drug

Ten Pennsylvania communities were officially welcomed as Blueprint Communities® today, beginning a unique 18-month local revitalization program.

Key Points: 
  • Ten Pennsylvania communities were officially welcomed as Blueprint Communities® today, beginning a unique 18-month local revitalization program.
  • Blueprint Communities, a program of the Federal Home Loan Bank of Pittsburgh (FHLBank), is a place-based revitalization initiative.
  • The initiative creates momentum for revitalizing communities and neighborhoods by building strong local leadership, developing sound regional planning skills, and encouraging coordinated investments in targeted communities by public and private funders.
  • “We are thrilled to welcome these ten communities into the Blueprint Communities initiative,” said Watson.

KBRA Assigns AAA Rating, Stable Outlook to County of Buncombe Taxable General Obligation Housing Bonds, Series 2024; Limited Obligation Bonds Rated AA+

Retrieved on: 
Monday, April 29, 2024
Finance, Data Analytics, Professional Services, Other Professional Services, Insurance, Risk, Outlook, Surety, Employment, AAA, Sound, KBRA, Economic development, Growth, Bank

KBRA assigns a long-term rating of AAA to the County of Buncombe (the "County") Taxable General Obligation Bonds, Series 2024.

Key Points: 
  • KBRA assigns a long-term rating of AAA to the County of Buncombe (the "County") Taxable General Obligation Bonds, Series 2024.
  • Concurrently, KBRA assigns a long-term rating of AA+ to the County's Limited Obligation Bonds, Series 2024B.
  • Counterbalancing the aforementioned strengths are what KBRA considers to be moderate resident income metrics when measured relative to similarly-rated credits.
  • The Stable Outlook reflects KBRA’s expectation that continued economic development will support growth and diversity within the County’s economic, employment, and taxing bases.

Pinson Powered by GoNetspeed’s 100% Fiber Internet, Service Installation Commences

Retrieved on: 
Monday, April 29, 2024
Networks, Internet, Technology, Carriers and Services, Telecommunications, Brindley Mountain, GoNetSpeed, Clay, Data-rate units, City, Economic development, Cable television

GoNetspeed today announced that the City of Pinson is now powered by 100% fiber internet.

Key Points: 
  • GoNetspeed today announced that the City of Pinson is now powered by 100% fiber internet.
  • With access to 100% fiber internet, Pinson will be powered by faster speeds and better reliability, positioning the community for a successful future online.
  • GoNetspeed continues to ensure that more communities throughout our service area have access to a high-speed 100% fiber internet infrastructure.
  • With a legacy of innovation and a commitment to customer service, GoNetspeed is continuing to accelerate the expansion of its fiber networks throughout nine states, including Alabama.

Geopolitical Stability, Inclusive Growth, Energy Security Under Spotlight in Riyadh at World Economic Forum Special Meeting

Retrieved on: 
Monday, April 29, 2024
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Environmental Policy, Finance, Climate Change, Diffusion, Information technology, Love, Outline, Foreign Affairs, Intelligence, Special, Economic development, Communication, Multimedia, Saudi Vision 2030, Arms industry

Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity.

Key Points: 
  • Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity.
  • View the full release here: https://www.businesswire.com/news/home/20240428317713/en/
    His Excellency Faisal Alibrahim, Saudi Minister of Economy and Planning, welcomes global leaders to Riyadh for the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development.
  • (Photo: AETOSWire)
    Speaking at the Special Meeting, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy for Saudi Arabia, said a just and equitable energy transition will only be achieved by using a range of energy sources to diversify the global energy market.
  • Access to secure and reliable energy, he said, is crucial to enabling people and communities from emerging nations to achieve meaningful economic development.

Chen Jubao: Championing Consumer Rights with Unyielding Resolve

Retrieved on: 
Thursday, April 11, 2024
Consumer, Social Security, Hope, News, Health, Attention, Environment, Business News, Face, Economic development, Longevity, Student, Cryptocurrency

Pledges to Protect Consumer Rights" has sparked widespread attention across various media platforms including China Business News, International Business News, China Business Times, Rule of Law Daily, and more.

Key Points: 
  • Pledges to Protect Consumer Rights" has sparked widespread attention across various media platforms including China Business News, International Business News, China Business Times, Rule of Law Daily, and more.
  • Emboldened by a sense of duty to safeguard consumer rights, President Chen Jubao has emerged as a stalwart advocate for justice.
  • Chen Jubao's journey is characterized by an unwavering resolve to promote health and well-being, transcending mere business ambitions to serve as a beacon of hope for the masses.
  • In light of recent events, Hunan Changsheng Bioengineering Co., Ltd. issues a solemn statement reaffirming its unwavering commitment to consumer rights and health.

Kuwait Elevator and Escalator Market Size & Growth Forecast 2024-2029: Demand Fueled by Tourism and Major Infrastructure Projects with an Expected 192 New Installations - ResearchAndMarkets.com

Retrieved on: 
Friday, April 26, 2024
Manufacturing, Machinery, Investment, Airbus, School, Bed, Partnership, Ventilation, Water, Culture, Olympic Stadium, Hitachi, Private sector, Ministry (collective executive), Fujitec, Sheikh, News, City, Machine learning, Kuwait International Airport, Optimism, Fire department, KD, Hospital, Housing, Biophysical environment, Public works, Otis, Employment, Carbon, Public, Hyundai, Gold, Government, Cohesion (computer science), USD, Recreation, Internet of things, Biodiversity, Environment, LEED, Operating, Ministry, Economic development, Otis Worldwide, Growth, Elevator mechanic

The Kuwait elevator and escalator market by new installations accounted for 672 units in 2023 and is expected to grow at a CAGR of 4.24% from 2023-2029.

Key Points: 
  • The Kuwait elevator and escalator market by new installations accounted for 672 units in 2023 and is expected to grow at a CAGR of 4.24% from 2023-2029.
  • The key players in the Kuwait elevator and escalator market are KONE, T.K.E., Mitsubishi, Schindler, Otis, Hyundai, Fujitec, and Hitachi.
  • Further, the top 5 vendors in the Kuwait elevator and escalator market include KONE, T.K.E., Mitsubishi, Schindler, and Otis hold over 52% of the market.
  • These projects are meant to meet some of the growing demand for housing and support the Kuwait elevator and escalator market growth.

Essential Utilities Donated $5.5 Million in 2023 to Strengthen Communities Across Service Territory

Retrieved on: 
Thursday, April 25, 2024
Environment, Utilities, Men, Professional Services, Sustainability, Philanthropy, Energy, Social Services, Consumer, Foundation, Education, Food, Shoe, Autumn, Essential Utilities, Health, United, Partnership, Hunger, United Way, Plant, Tree, Economic development, Share Food Program, Employment, WTRG, Aqua, Quality of life, Organization, Pharmaceutical industry

Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.

Key Points: 
  • Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.
  • Of this total, $5 million was donated directly to 501(c)3 organizations.
  • The company increased its charitable contributions by more than $1 million compared to 2022.
  • Fall for Food Banks: An annual partnership program across the company’s service territory to support local food banks through charitable donations, food collections and volunteer events.

Industry Bolsters BDA’s Presence at RISKWORLD 2024

Retrieved on: 
Thursday, April 25, 2024
Finance, Business, Professional Services, Fintech, Insurance, KPMG, Learning, Risk, Partnership, RIMS, BDA, ABIC, Risk management, Investment, Chubb, AXA, Economic development, International business, Goslings, Financial services

In addition, the Bermuda Reception at RISKWORLD 2024, presented by the Bermuda Business Development Agency (BDA), already has close to 200 registered attendees.

Key Points: 
  • In addition, the Bermuda Reception at RISKWORLD 2024, presented by the Bermuda Business Development Agency (BDA), already has close to 200 registered attendees.
  • We expect our member companies to once again continue the tradition of a strong showing of support of and attendance at RISKWORLD 2024."
  • Bermuda’s risk and insurance industry is a major driver of Bermuda’s economy - the BDA’s presence at RISKWORLD aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem

Retrieved on: 
Thursday, April 25, 2024
Vehicle Technology, Automotive, Air, EV, Electric Vehicles, Transport, Alternative Vehicles, Fuels, Municipality, Smart, Memorandum of understanding, Ecosystem, Investment, Uber, Safety, Travel, Exhibition, Collaboration, GCAA, Yas Marina Circuit, Partnership, DMT, DED, SK Telecom, Joby Aviation, Aviation, Delta Air Lines, SAVI, JoeBen Bevirt, Multimedia, Government, Atmosphere, Economic development, Growth, Amusement park

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establish and scale air taxi services in Abu Dhabi and beyond.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establish and scale air taxi services in Abu Dhabi and beyond.
  • View the full release here: https://www.businesswire.com/news/home/20240425195449/en/
    departments to establish an electric air taxi ecosystem in the UAE.
  • The agreement also unlocks the potential for inter-emirate air taxi services, for example between Abu Dhabi and Dubai.
  • We’re looking forward to delivering a fantastic experience for our future customers in Abu Dhabi and we’re excited to be unlocking the potential for zero-emissions flight between Abu Dhabi and Dubai.

Highline Recognizes Eleven Townships in Michigan’s Menominee County for being Designated as Smart Rural Communities

Retrieved on: 
Wednesday, April 24, 2024
Technology, Internet, Telecommunications, Education, SRC, Economic development, Data-rate units, Internet service provider

Highline celebrates eleven Menominee County townships—Spalding, Holmes, Cedarville, Stephenson, Daggett, Menominee, Lake, Nadeau, Meyer, Mellen, and Waucedah Townships—for being named Smart Rural Communities.

Key Points: 
  • Highline celebrates eleven Menominee County townships—Spalding, Holmes, Cedarville, Stephenson, Daggett, Menominee, Lake, Nadeau, Meyer, Mellen, and Waucedah Townships—for being named Smart Rural Communities.
  • These townships represent areas in the Upper Peninsula where Highline has connected customers to its gigabit-speed fiber internet.
  • In early 2022, Highline was named a Smart Rural CommunitySM (SRC) provider by NTCA–The Rural Broadband Association.
  • SRC is a national network of communities powered by innovative rural broadband providers that are building a brighter future for small-town America.