KUALA LUMPUR, Feb 20 Pos Malaysia Bhd’s net loss reduced sharply by 50 per cent to RM167.67 million in the financial year ended December 31, 2022 (FY2022) against RM335.73.
Pakistans central bank has lowered its projected GDP growth estimates for the cash-strapped country from the previously announced range of 3-4 per cent for the current fiscal year, citing flood-induced destruction and the stabilisation policy. The primary drivers of this growth were a broad-based expansion in large-scale manufacturing LSM and improved agricultural output, the Dawn newspaper said, quoting the report.
Hero MotoCorp, the world s largest manufacturer of motorcycles and scooters, registered a healthy double-digit retail growth of 20% over the corresponding festive period of FY 22.