Islamabad [Pakistan], February 25 (ANI): Pakistan's economy is already crumbling and amid this, the country's Foreign Debt has jumped to a record USD 13.1 billion in the first seven months of the current fiscal year.
Kathmandu [Nepal], February 21 (ANI): China's protracted lobbying efforts are aimed at blocking US Millennium Challenge Corporation (MCC) USD 500-million infrastructure grant project to Nepal.
Beijing [China], February 20 (ANI): A Chinese company -- CITS Overseas Economic Cooperation Co Ltd-- is funding the TikTok account of the Sri Lankan embassy in Beijing.
Colombo [Sri Lanka], February 20 (ANI): Sri Lanka is moving away from China while getting close to India over the failure of Colombo to pay back Chinese loans worth USD 4.5 billion, amidst fears of a "debt trap".
Beijing [China], February 20 (ANI): Syria has joined China's 'Belt and Road Initiative' (BRI) in desperation to revive its economy but it may lead the war-torn country into a vicious debt trap like several other countries.
Islamabad [Pakistan], February 16 (ANI): Pakistan's Leader of Opposition and Pakistan Muslim League (PML-N) President Shahbaz Sharif, on Tuesday, slammed Imran Khan government for accepting huge amounts of international loans saying that the inflation has never been so high in the country.
Islamabad [Pakistan], February 16 (ANI): Pakistan has been in turmoil politically and economically amid rallies and movements to ouster Imran Khan and rising inflation and growing debts, however, his fate will be decided by the all-powerful military.
Jalandhar (Punjab) [India], February 14 (ANI): Exuding confidence in the victory of the National Democratic Alliance (NDA) in the upcoming state Assembly elections, Prime Minister Narendra Modi on Monday said New Punjab will be full of opportunities and free from debt.
Islamabad [Pakistan], February 12 (ANI): The Imran Khan government like its predecessors has not been able to stop Pakistan's power sector from continuously bleeding cash as the country's circular debt of the power sector has been gathering girth since 2007, and to date, all the regimes t
New Delhi [India], February 12 (ANI/PNN): Sindhu Trade Links Limited has recorded a 200 per cent year-on-year increase in net profit on higher realisation to Rs. 2,822 lakhs in the nine months ended on December 31, 2021, and the earning per share is Rs. Rs. 5.54 as compared to Rs. 5.73.
Colombo [Sri Lanka], February 11 (ANI): Hambantota Port is a contentious issue between Sri Lanka and China and the future leadership in Sri Lanka could cancel all corrupt Chinese projects and deals.
Islamabad [Pakistan], February 11 (ANI): Pakistan Tehreek-e-Insaf (PTI) has broken all previous records as the power sector circular debt during its regime reached the highest level of Rs 2,476 billion in the history of the country, local media reported.