JAXA’s SLIM lander enters dormant state for the lunar night, capturing a final image. Its survival remains uncertain, but with advanced technology and expertise, JAXA aims to gather valuable data on the moon’s surface composition for better understanding.

A recent survey by National Bonds reveals that the majority of UAE residents have set financial goals for 2024, with priorities including increasing savings, planning for retirement, and funding children’s education. The survey also highlights high levels of confidence among participants and the proactive engagement of Generation Z in financial planning.

Pakistan’s rice exports are set to reach a record high as India limits its own shipments. Buyers are turning to Islamabad, boosting foreign exchange reserves and addressing tight supplies. Pakistan could export 5 million metric tonnes in the 2023/24 financial year, generating over $3 billion.

Climate change is impacting rice harvests in Indonesia, causing delayed wet seasons and unpredictable weather patterns. Farmers are struggling to sow their crops, leading to increased costs and decreased production. The Indonesian government plans to import rice from India to ensure an adequate supply, but a broader range of agencies should incorporate climate change issues and tap into farmers’ knowledge to develop adaptive strategies.

Pakistan’s Commerce Minister aims to boost exports to $100 billion in the next five years. He emphasizes the role of the business community in diversifying exports and calls for collaboration between the government and businesses for economic development. The government assures support for the business community’s obstacles and plans for an Expo Centre and new Industrial Estate. Efforts to increase exports contribute to Pakistan’s economic growth.

The Biden administration’s decision to halt LNG export permits has cast uncertainty on the industry, potentially affecting projects requiring approvals. However, New Fortress Energy’s Altamira LNG project in Mexico, already under construction, is expected to proceed, though destination options may change.

Saudi Arabia surprises with a directive to maintain Aramco’s oil production capacity at 12 million bpd instead of increasing it as planned, indicating uncertainty in future demand. This move aligns with the country’s commitment to diversify its economy and adapt to the changing energy landscape. Source: Khaleej Times.

India’s infrastructure output growth slowed to its lowest rate in over a year in December, with declines in crude oil production and electricity generation being the main factors. Economists project a meager 1-3% expansion for the Index of Industrial Production (IIP) due to the lackluster growth in the core sector.

Pakistan’s rice exports are expected to reach a record high as India restricts its shipments. The surge in exports will help alleviate tight supplies and boost Pakistan’s foreign exchange reserves. Pakistan’s rice exports for the year are predicted to jump to 5 million metric tonnes, generating over $3 billion in value.

India’s machinery and engineering goods exports to Russia have surged past $1 billion in the last nine months, doubling due to Russia’s preference for trading in local currencies. Despite US sanctions and increased freight costs, Indian exports to Russia are expected to reach $1.5 billion by March.