Search For "economy"
Sri Lanka to appoint advisors on debt restructuring in next 20 days
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], April 24 (ANI/Xinhua): Sri Lanka will appoint advisors to help with its debt restructuring in the next 20 days, Finance Minister Ali Sabry has said.
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Former PM Wickremesinghe predicts food crisis in Sri Lanka
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], April 24 (ANI): United National Party (UNP) leader and former Prime Minister Ranil Wickremesinghe has predicted food shortage in Sri Lanka as the Indian credit facility given for fuel will end by the first week of May and demanded the Rajapaksa government's resignation.
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Rights activist claims Pakistan saddled with economic, political mess left
Updated : 4 years, 2 months ago IST
London [UK], April 24 (ANI): London-based rights activist said that Pakistan's new regime led by Prime Minister Shehbaz Sharif is burdened by the economic and political mess left behind by his predecessor Imran Khan.
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Following Sri Lankan economy collapse, worries mount in Pakistan over Chin
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 24 (ANI): Drawing warning lessons from the collapsing Chinese-dominated economies of Sri Lanka and Nepal, the Shehbaz Sharif government has decided to scrap the China-Pakistan Economic Corridor Authority (CPECA) to arrest Pakistan's own slide towards a similar fat
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Pakistan FM claims ex-PM Imran Khan pushed economy into 'subsidy' trap
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 24 (ANI): Accusing former Pakistan Prime Minister Imran Khan of setting a trap for his successors by announcing heavy subsidies on fuel weeks before his ouster, Finance Minister Miftah Ismail has said that the government will have to withdraw the subsidies to revi
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Pakistan: Shehbaz Sharif battles sinking economy amid deficit spike, Imran
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 24 (ANI): While Pakistan's economy is already in shambles, the newly-elected Prime Minister Shehbaz Sharif has a heavy task on hand, battling the sinking economy as the country's current account deficit shot up to USD 1.03 billion in March 2022, and his predece
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Maldives may face Sri Lanka-like economic crisis if not careful in taking
Updated : 4 years, 2 months ago IST
Male [Maldives], April 23 (ANI): Maldives and Sri Lanka-- two nations whose economies are heavily dependent on tourism-- suffered a big blow due to COVID-enforced regulations after the outbreak of the pandemic.
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Telematics goes Chip-less, powered by Damoov
Updated : 4 years, 2 months ago IST
New Delhi [India] April 23 (ANI/PNN): Telematics has become an integral part of the automobile and fleet industry, especially with the recent boom in transportation mobility and gig economy. It is an essential management tool now for industries that require constant monitoring of vehicles an
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Faced with acute crude oil shortage, Pakistan asks foreign airlines to bri
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 23 (ANI): Pakistan has directed all foreign airlines to bring extra fuel when arriving in the country, which is grappling with a shortage of crude oil, reported local vernacular media.
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China Matters explores the promise of smart cities in Guiyang
Updated : 4 years, 2 months ago IST
Beijing [China], April 23 (ANI/PRNewswire): Why smart cities? From all perspectives, it ticks all the boxes: innovation, technology and new economy. On a day-to-day basis, it makes our urban environments more liveable, it saves energy, keeps traffic flowing and keeps us safe.
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Imran Khan destroyed Pakistan's economy: Nawaz Sharif
Updated : 4 years, 2 months ago IST
London [UK], April 23 (ANI): Former Pakistan Prime Minister Nawaz Sharif on Friday attacked the country's ex-prime minister Imran Khan for "destroying Pakistan's economy".
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China gets flak for pushing Sri Lankan economy into 'debt-trap'
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], April 22 (ANI): As Sri Lanka faces one of the worst economic crises, China has been widely criticized for pushing the Sri Lankan economy into its 'debt trap' and for predatory behaviour such as leasing out the port of Hambantota for 99 years.
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