On the sidelines of the Shangri-La Dialogue summit, President of Ukraine Volodymyr Zelenskyy met with the heads of leading Singaporean investment companies, the press service of the Ukrainian president reports.
“The event was attended by the heads of Singapore’s sovereign wealth fund GIC, Temasek Holdings, Wilmar International, the Singapore Business Federation, Blackstone Singapore, telecommunications operator SingTel, Universal Success Enterprises, and construction company Meinhardt Group,” the statement said.
During the meeting, Zelensky emphasized that the Ukrainian economy, even in difficult conditions of war, finds ways to develop and grow, adapting to new circumstances.
In addition, Zelenskyy expressed gratitude to Singaporean businessmen who continue to work in Ukraine and keep their jobs.
The President also emphasized that there is great potential for further development of Ukrainian-Singaporean trade cooperation, especially in the field of technology and innovation.
Zelenskyy also reaffirmed Ukraine’s commitment to creating additional attractive incentives for investors.
“The Head of State invited Singaporean investors to take part in a joint conference with the EU on the restoration, reform and modernization of the Ukrainian economy to be held in Berlin. A program for mobilizing international financial support, implementing long-term projects and creating attractive conditions for investing in Ukraine’s economy will be presented there,” the statement said.
Spain’s Real Madrid won the UEFA Men’s Football Champions League 2023/24 season by beating Germany’s Borussia Dortmund 2-0 in the final match, reports “Suspilnoe. Sport”.
It is noted that this was the first face-to-face final for these two teams and their first official meeting since 2017. “Real” made it to the final without losing a single match in the Champions League season, including in the playoffs. Borussia Dortmund, meanwhile, reached the decisive match for the trophy for the third time.
“Both goals in the match were scored after the break. The victory gave Real Madrid the 15th Champions League trophy in the club’s history – a record for any club. In second place in the number of trophies goes “Milan” – 7 victories in the Champions League”, – emphasized in the message.
Ukrainian President Volodymyr Zelensky said that both Israel and Palestine have been invited by the Ukrainian side to the Peace Summit to be held on June 15-16 in Switzerland.
“We have no double standards. That is why, despite – whether someone likes it or not, we invited both Palestine and Israel to the Peace Summit. And representatives of the Global South. We have invited all countries to our Summit. We are ready to hear all thoughts, ready to talk to them all,” Zelensky said while speaking to the media on the margins of the Dialogue – Shangri-La conference in Singapore on Sunday.
Among the uninvited countries, the president noted, is only Russia.
“And not just because they are aggressors. Although that is point number 1. Point number 2 is that we had summits with Russia as, for example, within the Normandy format, after which they did not fulfill the agreements and continued to kill us and block processes, including the ceasefire,” he said.
Earlier, as part of his speech at the Dialogue – Shangri La conference in Singapore, Ukrainian President Volodymyr Zelensky called for an objective assessment of Ukraine’s position on the situation in the Gaza Strip, stressing that Ukraine is a just country that respects international law and the UN charter and recognizes two states – both Israel and Palestine.
Number of unemployed people registered in public employment service as of 31.03.2024 (in thousands)
Source: Open4Business.com.ua and experts.news
As of May 30, Ukraine sowed 5.5 million hectares with grains and legumes, and more than 7 million hectares with oilseeds, which is 98.3% of the forecast, the press service of the Ministry of Agrarian Policy and Food reported on Friday.
According to the report, 252.5 thousand hectares were planted with wheat (249 thousand hectares a week earlier), which is 102.6% of the plan, barley – 782.2 thousand hectares (781.6 thousand hectares) or 95.6%, peas – 162.5 thousand hectares (162.1 thousand hectares) or 95.6%, peas – 162.5 thousand hectares (162.1 thousand hectares) or 95.6%. or 95.6%, peas – 162.5 thou hectares (162.1 thou hectares) or 95.6%. hectares (162.1 thou hectares) or 101.6%, oats – 163.7 thou hectares (162.7 thou hectares) or 100.7%, millet – 60 thou hectares (43.1 thou hectares) or 70%, buckwheat – 85.5 thou hectares (48.1 thou hectares) or 68%, corn – 3.809 million hectares.
According to the report, wheat was planted on 252.5 thou hectares, which corresponds to the previous week’s figure and is 102.6% of the plan, barley – 782.6 thou hectares (782.2 thou hectares) or 95.7%, peas – 162.5 thou hectares (101.6%), oats – 163.7 thou hectares (100.7%). The total area under wheat planted is 63.6 thou hectares (60 thou hectares), or 75%, buckwheat – 97.7 thou hectares (85.5 thou hectares), or 78%, corn – 3.895 mln ha (3.809 mln ha), or 100% of the plan, other grains and legumes – 87.3 thou hectares (84.4 thou hectares), or 94% of the plan.
Last week, the agrarians sowed 104.8 thou hectares of spring crops. A week earlier, this figure was 311.7 thou hectares, and 784.7 thou hectares the week before.
In addition, sunflower was sown on 5.124 mln ha, or 97% of the plan (a week earlier the figure was 4.958 mln ha), soybeans – on 1.932 mln ha, or 97% (1.83 mln ha), sugar beets – on 250.1 thou ha, or 97%.
Agrarians in Vinnytsia, Volyn, Kirovograd, Odesa, Poltava, Ternopil, Ivano-Frankivsk and Zakarpattia regions have fully completed sowing of spring crops.
In 2024, state-owned Ukrgasbank (Kyiv) provided UAH 40 million in loans to farmers working in high-risk military areas, up from UAH 120 million a year earlier, said Tetyana Korinenko, director of the Small and Medium Business Department.
“Of course, a client who wants to get a loan must meet the bank’s requirements. A very negative factor for a significant share of clients who would like to receive financing is (requirement – IF-U) to be located in a safe territory. We also have requirements that the client must operate in an area no more than 50 km from the front line. But we also have cases using guarantee instruments provided by the state in the form of a guarantee from the Cabinet of Ministers and the Partial Guarantee Fund. We have already come closer to 22 km to the front line,” she said at Grain Ukraine in Kyiv on Friday.
According to Kornienko, Ukrgasbank has four clients from the agricultural sector in Kherson region who received loans to operate within a 30-kilometer zone from the military operations. In their case, state guarantee instruments cover 50-80% of the loan issued by the bank.
“This is a cool tool that allows us to help clients from the agricultural sector who work as close as possible to the area of active military operations,” the expert said.
Kornienko clarified that in 2024, Ukrgasbank lent about UAH 40 million to farmers working in the high military risk zone. A year earlier, this figure was 120 million.
“Of course, this is not much compared to our annual UAH 5 billion loans to the agricultural sector. But with each such client, we understand that we are giving the market an impetus, showing that it is possible to work in this way. It is also possible to have credit relations with such clients. And this risk is acceptable thanks to government instruments,” summarized the Ukrgasbank representative.
JSB “Ukrgasbank” was established in 1993. The state, represented by the Ministry of Finance, owns 94.9409% of the financial institution’s shares.