Google study sees $240 billion Southeast Asia internet economy by 2025

Southeast Asia’s internet economy is expected to exceed $240 billion by 2025, a joint study by Google and Temasek showed, a fifth more than previously estimated, as more consumers use their smartphones to go online. The study, first published in 2016, encompasses ride-hailing, e-commerce, online travel, and online media. The latest report released on Monday adds new sectors such as...

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Pakistan receives $1bn from Saudi Arabia, confirms SBP

KARACHI: Pakistan had received $1 billion from Saudi Arabia as part of the $3billion pledged by the kingdom to Islamabad as balance of payment support, says spokesperson from the State Bank of Bank (SBP). The spokesperson added that the remaining $2 billion was expected to arrive in Pakistan in the next few days. The funds from Saudi Arabia will be...

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Newsone Regional | 19-November-2018

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