Standard Chartered reports record profits
Friday, March 05, 2010
Pre-tax profits were $5.15bn (£3.4bn), up 13 percent from 2008. Total pay and bonuses rose 4 percent to $4.91bn.
The bank - which is based in the UK but makes most of its profits in Asia - said it was in the "interests of the business" to pay out bonuses. "2009 was the seventh successive year of record income and profits," Standard Chartered chairman John Peace said.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...