Pakistani Rupee Continued Downward Trajectory

ISLAMABAD, Oct 29 (NNN-APP) – The Pakistani rupee continued its downward trajectory for the third consecutive session as, the U.S. dollar was traded at 222.47 rupees in the interbank market yesterday, according to the State Bank of Pakistan. The U.S. dollar closed at 221.50 rupees on Thursday, and on the…

IMF Says Growth In Asia-Pacific Region To Slow Down In 2022, 2023

SINGAPORE, Oct 29 (NNN-XINHUA) – The International Monetary Fund (IMF), said in a report released yesterday that, economic growth in the Asia and Pacific region is expected to slow down in 2022 and 2023. This reflects headwinds from several aspects, including global financial tightening and the Russia-Ukraine conflict, according to…

Cambodia Launched Longan Exports To China

PHNOM PENH, Oct 28 (NNN-AKP) – Cambodia, yesterday, launched longan exportation to China, marking another fruitful cooperation in the agricultural sector between the two countries. Cambodian Minister of Agriculture, Forestry and Fisheries, Dith Tina, and Chinese Ambassador to Cambodia, Wang Wentian, attended the launching ceremony here. Speaking at the event,…

Japan’s Unemployment Rate Rose To 2.6 Percent In Sept

TOKYO, Oct 28 (NNN-NHK) – Japan’s unemployment rate rose in Sept, from the previous month, the government said in a report, today. According to the Ministry of Internal Affairs and Communications, the unemployment rate in Japan stood at 2.6 percent in Sept, rising from 2.5 percent recorded in Aug. Separately,…

India’s Central Bank To Hold Special Panel Meeting On Inflation

MUMBAI, Oct 28 (NNN-PTI) – India’s central bank has called for a special meeting of its monetary policy committee on Nov 3, to prepare a report on inflation, a statement by the Reserve Bank of India said yesterday. India failed to meet the inflation target, with its inflation above the…

EU To Provide Albania With 80 Million Euros To Tackle Energy Crisis

TIRANA, Oct 28 (NNN-XINHUA) – The European Union (EU) will provide 80 million euros (79.7 million U.S. dollars) in grants to Albania, to tackle energy crisis, European Commission President, Ursula von der Leyen, said here yesterday. According to Von der Leyen, the energy support package will be part of the…

Iran Calls For Expanding Trade Ties With Belarus To Counter Western Sanctions

TEHRAN, Oct 28 (NNN-IRNA) – Iranian Parliament Speaker, Mohammad Baqer Qalibaf, said yesterday that, Iran’s expansion of economic and trade ties with Belarus can help minimise the impact of sanctions imposed by the U.S. and the West on both countries. Qalibaf made the remarks in a meeting with visiting Belarusian…

Vietnam Motor Show Held in Ho Chi Minh City

HANOI, Oct 27 (NNN-VNA) – The Vietnam Motor Show 2022, kicked off yesterday, in the country’s southern Ho Chi Minh City, with more than 120 models displayed. The event, held after a two-year hiatus, due to the COVID-19 pandemic, attracted participation of 14 brands, namely Audi, Brabus, Honda, Jeep, Lexus,…

Local Products Exhibition Held In Western Afghan City

HERAT, Afghanistan, Oct 27 (NNN-ANA) – Afghan companies opened an exhibition of local products in Herat city, capital of Afghanistan’s western Herat province, yesterday. With the motto “Move towards self-reliance,” local companies and entrepreneurs put on display their products in 150 booths, with 30 stalls for products produced by women-run…

Southeast Asia’s Largest Energy Storage System To Be Operational In Singapore

SINGAPORE, Oct 27 (NNN-XINHUA) – Singapore’s Second Minister for Trade and Industry, Tan See Leng, said yesterday that, SembCorp is installing a 200-megawatt (MW) Energy Storage System (ESS), on Singapore’s Jurong Island, which will be operational by next month. “This is the largest ESS deployment in Southeast Asia,” Tan told…
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