In a bid to mitigate losses incurred by its state enterprises, Sri Lanka has announced plans to transfer the management of the Mattala Rajapaksa International […]
Category: Business
Dollar hits fresh high against yen amid US inflation data, BOJ meeting.
On Friday, the dollar surged to a new high against the yen, propelled in part by US inflation figures that met expectations, signaling a potential […]
China’s auto show: electric cars revolutionize industry dynamics.
China’s relentless pursuit of automotive innovation was showcased at the nation’s premier auto exhibition, signaling a paradigm shift in the global automotive landscape. Established players […]
Iran-Pakistan gas pipeline deal: key facts and developments.
The Iran-Pakistan Gas Pipeline Project remains a focal point for both nations, reflecting their mutual energy interests and the challenges posed by geopolitical factors and […]
JP morgan report forecasts pressure on global natural gas prices as infrastructure expands.
According to a report by JP Morgan, global natural gas prices are expected to face increasing pressure until the end of the decade, driven by […]
Tesla plans to produce affordable vehicles using existing factories, scraps mexico and india investments.
Tesla announced on Tuesday its intention to utilize its current factories for producing new, more affordable vehicles, shelving plans for investments in new facilities in […]
CPPA-G seeks Rs 2.94 per unit increase in power tariff for march.
The Central Power Purchasing Agency (CPPA-G) has filed a request with the National Electric Power Regulatory Authority (NEPRA) seeking a Rs 2.94 per unit hike […]
Pakistan’s fuel deregulation plan sparks concerns among refiners.
Pakistan’s proposed move to deregulate fuel prices has raised alarms among some of the country’s top refiners, potentially stalling planned upgrades worth billions of dollars […]
Finance minister aurangzeb advocates IMF engagement for economic stability.
Finance Minister Muhammad Aurangzeb emphasized the indispensability of engaging with the International Monetary Fund (IMF) to ensure economic stability, asserting that there is no alternative […]