Samsung, the South Korean electronics and white goods major, has started production in Pakistan, lifting hopes of the authorities and the industry that this would cut down the import bill of the country in the months to come, local media said
AI for Every Nepali: Jobs, Prosperity and Nepal’s Next Development Leap
Nepal does not need to become Silicon Valley. It does not need to copy India, China, Singapore or Canada. Nepal needs an AI strategy rooted in its own realities: young talent, hydropower potential, local problems, growing IT services, tourism, agriculture, small businesses and a global diaspora.
The Hidden Tax: Road Accidents Drain Over 3% of GDP From India and Sri Lanka Every Year; Generative AI Could Win it Back
The core data architecture — a national road safety data lake, AI-powered enforcement, multilingual public awareness — is replicable at any scale, in any South Asian language, in any South Asian urban or rural road environment. The technology does not need to be reinvented for Dhaka, Kathmandu or Karachi. It needs to be validated in Colombo and Delhi first.
Why the Global South Must Become AI Creators: Need to Take a More Leading Role in AI Governance and Economy
However, 118 countries, mostly developing ones, do not participate in international discussions on AI governance, according to UNCTAD. This means that billions of people may live within rules they were not involved in making.
AI's Hidden Appetite: Power, Cooling and the New Geography of Infrastructure
What we are witnessing today may only be the opening chapter. The next breakthroughs in AI may not emerge from software laboratories alone, but from nuclear reactors, cooling technologies, offshore infrastructure, advanced materials, and energy networks. The race to build intelligence has quietly become a race to master power and heat.
More on AI and Innovation
Pakistan imports hit $8.01 billion in November; records all-time high trade deficit $5.1 billion
Pakistans recorded a whopping $5.1 billion trade deficit in November—the highest for a single month—as imports continued their surge, touching around $8 billion, an increase of about 94 percent in comparison to the same month last year
Sri Lanka in talks with Elon Musk’s SpaceX over internet service
Sri Lanka is in talks with US billionaire Elon Musk’s rocket company SpaceX over its satellite internet division Starlink, the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) announced
US-based digital transformation firm set to expand presence in India; more IT recruitments from India expected from global firms
A California-based digital transformation solutions company has announced the expansion of the workforce at its Bengaluru center to over 6000 employees
Under Taliban, Afghan economy has all but collapsed, thousands of businesses shut down; middle class has vanished
In August this year, the Taliban seized power in Afghanistan, ignoring the warning from the international community against the forceful seizure of power
Parag Agarwal joins array of Indian-origin tech leaders in the US corporate world
Twitter has appointed Indian American Parag Aggarwal, who has pledged to “reshape the future of public conversation,” as its CEO succeeding Jack Dorsey, the embattled social media company announced on Monday
Indian IT major HCL opens new office for 4000 employees in Colombo
Indian IT major HCL Technologies (HCL) opened a grand new office in the Sri Lankan capital at the state-of-the-art Cinnamon Life complex
Boost for Indian exports: US dropping punitive tariff after deal on digital services tax
With the two countries reaching an "overall political agreement", the US has decided to drop the proposed 25 per cent additional duties on more than 25 Indian exports ranging from shrimps and basmati rice to gold jewellery and furniture following a settlement of the dispute over the Digital Services Tax (DST) imposed by New Delhi on some giant American companies
Record sale of bikes in Pakistan as rural areas thriving, claims minister, blaming inflation, not poverty, for citizens' affordability problems
Pakistan's rural areas are "thriving" due to bumper crops leading to "record sales of motorcycles", said Shaukat Tarin, Advisor to Prime Minister on Finance and Revenue, citing World Bank's latest data showing a drop in Pakistan's poverty level by 1 per cent
Pakistan, Russia to close deal on Pakistan Stream Gas Pipeline
Islamabad and Moscow have agreed on a draft of the shareholders' agreement for construction of the Pakistan Stream Gas Pipeline project and are set to sign the accord by February 15, 2022, the Pakistani Embassy in Moscow said on Friday
Ballooning trade deficit forced government to approach IMF, says Pakistan PM
The ballooning trade deficit has compelled the government to go to the International Monetary Fund (IMF), Pakistan Prime Minister Imran Khan said, days after the IMF and the government reached a staff-level understanding for the revival of the $6 billion bailout package
India extends additional $15 mn grant for Greater Male Connectivity Project
India has extended an additional US$15 million for the construction of the Thila-Male Bridge, a 6.74 km-long bridge and causeway link between Male and nearby islands of Villingli, Gulhifalhu and Thilafushi
Tata Steel executes inaugural blockchain-enabled trade between India and Bangladesh
Tata Steel has executed a blockchain-enabled paperless export order with a metals major in Bangladesh
India, US to integrate economies, sort out trade irritants
India and the United States on Tuesday outlined a roadmap for integrating the two economies across sectors and move towards an ambitious future for trade relations
World Bank loan for India to improve quality of learning in Andhra Pradesh
India has signed a US$ 250 million loan agreement with the World Bank to improve the quality of learning for over five million students across Andhra Pradesh state in southern India
