Top trade bodies in Pakistan have opposed the government's Finance Bill 2025-26, alleging it grants excessive power to the Federal Board of Revenue (FBR). They warn of a potential trade crisis if the ...
China Throws Pakistan a $3.4 Billion Lifeline to Prevent Economic Meltdown
China rolls over $3.4B in loans to Pakistan, pushing reserves to IMF target of $14B as Islamabad fights to avoid crisis.
Pakistan closes key border crossing with Afghanistan amid security threats
Pakistan has temporarily closed a key border crossing with Afghanistan due to security threats, until further notice, officials said on Sunday.
Business Leaders Slam ‘Irresponsible’ FBR for Ignoring Errors in Finance Bill
Chairman of the Anomalies Committee (Business) Ehsan Malik has expressed serious concern over the irresponsible attitude of FBR Member Inland Revenue (Policy) for not giving time to the Anomalies ...
Indonesia-China lithium battery plant to be operational by end-2026
JAKARTA: A lithium-ion battery plant by an Indonesian company and China's CATL is expected to be in operation by the end of 2026 with an initial capacity of 6.9 gigawatt hours, an Indonesian official ...
CATL breaks ground on US$6 billion Indonesia battery venture
THE world’s top maker of electric-vehicle batteries broke ground on a US$6 billion battery material ecosystem in Indonesia as the government pushes ahead with commodity downstreaming goals. Read more ...
One American’s Two-Year Quest to Move His Business Out of China
President Trump’s first-term tariffs were a wake-up call for Ryan Bursky’s company. Now, he is working with his Chinese suppliers to move everything to Cambodia.
Korea’s Lee Nominates Finance Minister to Tackle Growth, Trade
South Korean President Lee Jae-myung nominated Koo Yun-cheol as the next finance minister, turning to a veteran bureaucrat to guide the economy at a time of sluggish growth and mounting trade ...
Sri Lanka gets foreign funds of US$1.9bn in 2024 led by ADB, Japan begins loans
Sri Lanka had received 1,918 million US dollars in foreign finance in 2024, with the Asian Development Bank giving 862 million dollars, while Japan also started giving loans after defaulted debt was ...
Saudi Arabia’s net foreign direct investment falls 7% in Q1
RIYADH: Saudi Arabia’s net foreign direct investment (FDI) fell 7% in the first quarter of 2025 compared to the previous quarter, government data showed on Sunday, as the kingdom continues to lag ...