TechLG Group boosts investment in Indonesia’s battery cell factory by $1.7 billion
The commitment from LG remains big, a concrete example is that they will invest in the development of this JV, says Indonesia’s Investment Minister
Apr 29, 2025
Monitoring Report
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World Business NewsAmazon launches 27 satellites to expand broadband access, rivaling SpaceX
The launch begins the deployment of a 3,236-satellite system in low-Earth orbit, part of a $10 billion project to deliver global broadband service
Apr 29, 2025
AutomobileBYD to build 10,000-vehicle capacity factory in Cambodia
Operations are expected to commence by the end of this year, the zone's management announced on its official WeChat account
Apr 29, 2025
TechAlibaba launches Qwen 3 AI model with hybrid reasoning
Qwen 3 combines conventional AI with dynamic reasoning, creating a more adaptable and efficient platform for app and software developers
Apr 29, 2025
TechOpenAI upgrades ChatGPT with personalized shopping recommendations
The new feature will be part of GPT-4o and available to all ChatGPT users worldwide, including those not logged in
Apr 29, 2025
HeadlinesSalaried class pays record Rs391 billion in taxes, contributing 1,420% more than traders
Salaried individuals pay nearly 10% of total income tax collected in nine months; retailers contribute Rs26 billion, while non-corporate and corporate sectors pay Rs166 billion and Rs117 billion respectively
Apr 29, 2025
HeadlinesTextile exports worth $500mn stranded amid Sindh highway protests
Transport disruptions at Sindh-Punjab border halt 30,000 containers, threaten huge losses
Apr 29, 2025
HeadlinesIran cuts electricity supply to Makran Division, causing load management issues
Qesco addresses voltage fluctuations and additional load shedding due to reduced power quota; Deep Sea Port, New Gwadar International Airport, Pasni, and Ormara grid stations to be impacted
Apr 29, 2025
HeadlinesPakistan adopts strict strategy to safeguard CPEC projects from insurgents: report
Cabinet Committee on Chinese Investment Projects calls for comprehensive security measures to protect Chinese investment projects
Apr 29, 2025
HeadlinesStarlink’s Pakistan internet service faces fresh licensing delays
PTA awaits space authority’s permanent registration before full approval
Apr 29, 2025
HeadlinesWorld Bank likely to extend CASA-1000 deadline to 2028: report
Project delays in Afghanistan prompt Pakistan to seek 3-year extension
Apr 29, 2025
HeadlinesGovt to include more restrictions on non-filers in next Finance Bill
FBR to implement changes in online systems for economic transaction restrictions by June 2025
Apr 29, 2025