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To increase cloud infrastructure, Amazon plans to invest about $9 billion in Singapore

Tech behemoths in Southeast Asia have drawn Amazon Web Services (AWS) to invest the funds to build its cloud infrastructure

By SRI NewsDesk

Weakening rupee raises fears about economy

KARACHI: Doubts and fears are growing regarding the country's economic health, particularly its capacity to pay the import bill for

By SRI NewsDesk

Head of the IMF predicts that global growth will remain steady in 2023

The head of the global lender has stated that the International Monetary Fund (IMF) is not expected to lower its

By SRI NewsDesk

In 2022, Turkish exports reached an all-time high of $254.2 billion: Erdogan

Türkiye's exports hit an all-time high of $254.2 billion in 2022, President Recep Tayyip Erdogan has announced, citing preliminary data.

By SRI NewsDesk

By 2075, Pakistan is expected to be one of the world’s largest economies: Sachs Goldman

In the event that "appropriate policies and institutions" are in place, according to a research paper that Goldman Sachs released

By SRI NewsDesk

IMF cuts 2023 global outlook over colliding global shocks

The International Monetary Fund(IMF) has cut its global growth cast for 2023 as profitable pressures collide, from the war in

By SRI NewsDesk

Rupee to grow stronger in coming days: Dar

LAHORE Federal Finance Minister Ishaq Dar has prognosticated that the rupee is going to further strengthen in the coming days.

By SRI NewsDesk

Pakistan’s August inflation spikes to 27.26pc, highest in 49 years

Inflation measured by the Consumer Price Index (CPI) shot up to 27.26 percent year-on-year (YoY) in August, data released by the Pakistan

By SRI NewsDesk