#138b

Autonomous ship market to hit $13.8B by 2030, driven by demand for trade, safety

Autonomous ships are setting sail, and are a market estimated to reach $13.8 billion by 2030, according to a recent report from MarketandMarkets. The demand for this technology is driven by an increase in world trade by sea, more maritime navigation, and the demand for safety and maritime tourism, the report found.

SEE: 5G technology: A business leader’s guide (Tech Pro Research)

The…

Foreign exchange: SBP’s reserves continue to drop, stand at $13.8b

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to remain on the path of downward spiral for the fourth consecutive week.

The SBP reserves decreased 1.95% on a weekly basis, according to data released by the central bank on Thursday.

On October 6, the foreign currency reserves held by the central bank were recorded at $13,787.9 million, down $69.1 million or…

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