The Economic Coordination Committee (ECC) approved a major subsidy plan to promote electric bikes and rickshaws in Pakistan. The Finance Division said Rs9 billion is allocated for the scheme in fiscal …
Building Blended Finance in India (SSIR)
Riya Saxena is working with the innovative and sustainable finance team at UNDP India and holds an MSc in development management from the London School of Economics and Political Science. Raveena …
BOC crowned Sri Lanka’s Most Valuable Brand in 2025
The Bank of Ceylon (BOC) has been named Sri Lanka’s Most Valuable Brand for 2025 by Brand Finance Lanka, with a brand value of Rs. 57.4 billion reflecting a 14.3% increase compared to the previous …
China gains from Nepal’s EV stride as India loses out
Nepal’s rapid shift to EVs has boosted Chinese auto dominance as India loses market share. Favorable tax policies, hydro power, and a strong charging network fuel Nepal’s EV growth. India’s slow EV …
Government implements measures in bid to ensure Nepal’s exit from FATF grey list: Minister Paudel
Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has said that the government will implement a special action plan, including a campaign to recover unpaid taxes, in the current …
Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation
Funding to accelerate the expansion of Uzbekistan’s leading fintech platform and e-commerce ecosystem Uzum raises nearly $70 million in equity financing led …
Yemen Posts Rapid Currency Recovery
Yemen’s national currency sharply appreciated on Monday, climbing to 1,617 rials per U.S. dollar in government-administered regions—a staggering 40% …
Saudi Aramco profit drops for 10th straight quarter
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy.”The decrease in …
Saudi Arabia’s Aramco reports disappointing earnings
Saudi Arabia’s state oil giant reported worse-than-expected earnings, with quarterly profit falling for a 10th successive quarter, a protracted decline that threatens to slow the kingdom’s economic …
Saudi Aramco profit drops for 10th straight quarter
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy.”The decrease in …