'We must have the working spirit,' says PM when asked about extra holiday for Raya
PUTRAJAYA: There may not be an additional holiday during the Hari Raya week.
Source: thestar.com.my
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Malaysian Unity Government's power was retained but constrained in 2023
Malaysian Prime Minister Anwar Ibrahim has withstood Malaysia’s unofficial ‘referendum’ on his party, but must continue to unite factions and implement strong policies to retain power.
Source: eastasiaforum.org
Raqami Islamic Digital Bank receives approval to launch in Pakistan
Raqami Islamic Digital Bank (RIDB) obtained a no objection certificate (“NOC”) and in-Principal Approval (IPA) from the State Bank of Pakistan (SBP) to establish an Islamic digital retail bank in Pakistan under the Licensing and Regulatory Framework for Digital Banks (the Framework).
Source: finextra.com
Electricity Subsidy: Flawed tariffs assumptions, public welfarism and dying industry
From 2015 to 2023, Nigeria allocated N3.2 trillion for electricity subsidies, and in 2024, an additional N1.6 trillion is projected to be spent. This accumulates to an electricity tariff shortfall of N4.8 trillion over a span of about nine years. Despite these substantial subsidies, the state of electricity supply in the country is deteriorating under […]
Source: guardian.ng
Eacop partners race against time to close $3bn financing deal with China lenders
The lenders are treading carefully after the project attracted interests from activities and are expected to make their final decision in June.
Source: theeastafrican.co.ke