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World / Countries / MNCs
Colombo: Sri Lankan President Ranil Wickremesinghe on Wednesday endorsed a proposal by state-owned fuel importer and distributor Ceylon Petroleum Corporation (CPC) to lower the price of kerosene, after a January cutback. more
Pakistan: Industries prepare for layoff, production cut

Islamabad: Pakistan, a nation passing through the economic crisis, might witness a spike in layoffs and sharp decline in productive activities, media reports said.

Twitter once again removes 50 more employees as cost-cutting continues: Reports

Washington: Twitter has fired another 50 employees in the eighth round of job cuts since Elon Musk bought the microblogging firm for $44 billion in October, The Information reported, citi ...

Nepal records lowest growth in Q1

Kathmandu: Nepal's economy grew at 0.8 percent during the first quarter of the current 2022-23 fiscal year which began in mid-July last year, the lowest year-on-year growth in the pas ...

US: President Joe Biden nominates former Mastercard CEO Ajay Banga to lead World Bank

Washington: US President Joe Biden has nominated former India-origin MasterCard CEO Ajay Banga to be the President of World Bank.

Bhutan: Ka Ja Throm marketplace opens in Phuentshogling, aims to revive economy

Phuentshogling:  Phuentshogling, a popular tourist destination in Bhutan, recently witnessed the opening of a Ka Ja Throm, a refined marketplace, which aims to revive the economy of ...

Sri Lankan Crisis: Experts, locals express doubt feasibility of Chinese-built Port City Colombo

Colombo: Experts in Sri Lanka are doubting the feasibility of the Port City Colombo (PCC), a vast new Chinese-built reclaimed commercial zone in the capital city, especially at a time whe ...

Google sacks 453 employees from various departments in India: Reports

New York: Tech giant Google has sacked 453 employees from various departments in India on Thursday, media reports said.

World Bank chief Malpass announces early departure

New York: The World Bank is poised to get a new president in 2023, as David Malpass announced his departure on Wednesday.

Afghanistan receives another batch of 40 mln USD as humanitarian aid

Kabul: Afghanistan received another package of 40 million U.S. dollars in cash as humanitarian aid and deposited it in one of the commercial banks in Kabul on Monday, a statement of Da Af ...