Kuala Lumpur / DPA While companies are holding tight to cash, Axiata Group Bhd is going against the grain with the purchase of Nepal’s No.1 mobile operator, Ncell Pte Ltd, for US$1.37 billion. We have been eyeing that market for two years but we only got really serious in the past few months,” Axiata group chief financial officer Chari TVT ...

Tokyo / DPA The Japanese government has decided to offer a yen loan of about 10 billion about $88,829,700) to support construction of a gigantic solar power plant with a large-capacity storage battery system in Egypt. Egypt is expected to hold a public tender open only to Japanese companies with advanced battery technology. The government hopes this will give the ...

Islamabad / AFP Pakistan has authorised the import of an expensive Hepatitis-C drug from the United States to improve treatment for the estimated eight million people carrying the blood infection, officials said on Monday. Hailed by experts as a game-changer, Sovaldi, which has been on the market since 2013, costs around $1,000 per pill in the US or $84,000 for ...