Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, is rebalancing its portfolio to increase investments in developed markets, aiming to navigate risks associated with the new […]
Category: Business
“Race to Belém” launches $1.5 billion carbon initiative to protect the Amazon.
A carbon markets investor supported by Swiss trading house Mercuria announced Wednesday the launch of a $1.5 billion initiative to safeguard the Amazon rainforest. The […]
Pakistan’s Green Revolution: EV Policy Paves the Way for a Sustainable Future
The implementation of Pakistan’s Electric Vehicle (EV) policy, in collaboration with the Special Investment Facilitation Council (SIFC), has marked a transformative step towards eco-friendly transportation
Pakistan’s Plan to Auction Surplus Electricity: A Step Toward Energy Optimization
The federal government has unveiled a transformative plan to auction surplus electricity to consumers for two to three years. This innovative approach aims to address
Pakistan Joins Global Digital FDI Initiative: A Leap Toward Economic Prosperity
Prime Minister Muhammad Shehbaz Sharif has announced Pakistan’s inclusion in the Digital Foreign Direct Investment (FDI) Initiative, a groundbreaking collaboration between the World Economic Forum
Breaking Monopoly: Pakistan Opens Gas Sector to Private Companies
In a significant move towards liberalizing the energy sector, the monopoly of Sui Gas Companies in Pakistan has officially ended, paving the way for private companies to participate
Pakistan’s Large-Scale Manufacturing Declines Amid Rising Costs and Weak Demand
Pakistan’s large-scale manufacturing (LSM) sector has been grappling with persistent challenges since August 2024, marked by rising energy prices, dwindling consumer demand
Empowering Pakistan’s Economy: PM Shehbaz Sharif Boosts SME Development with Increased Loan Limit
In a significant step toward bolstering Pakistan’s economic framework, Prime Minister Shehbaz Sharif chaired a meeting focused on the development and facilitation of small and medium-sized enterprises (SMEs)
Pakistan to increase petroleum prices for second fortnight of January 2025.
The federal government is set to raise petroleum prices for the second half of January 2025, with an anticipated increase of Rs3.5 per litre for […]