Eidul Azha: Online buying picks up in Pakistan amid pandemic
Cattle market organisers expect a 50pc fall in the number of buyers this year
Exclusive: Sri Lanka’s bondholders send debt rework proposal to govt
A committee of Sri Lanka's international private creditors sent its first debt rework proposal to the country's authorities regarding over $12 billion...
China’s leading company’s power transformers have 70 pc market share in Pakistan
BEIJING: Chint Group, China's leading industrial electrical equipment and new energy enterprise in the private sector has said its power transformers have...
Manifestos of major political parties lack immediate solution to economic issues
ISLAMABAD: Though the political parties realise the grave economic situation of the country, they have not shared their strategy of dealing with the...
PSO reports profit after tax of Rs4.2bn in 1st half FY19
Economic downtrend and reduction in overall market size have impacted the company's profitability
LAHORE:Â The Board of Management (BOM) of the Pakistan State...
Counterfeit and pirated goods represent 3.3pc of global trade: report
PARIS:Â Global sales of counterfeit and pirated goods have soared to 460 billion euros ($522 billion) a year, amounting to a whopping 3.3pc...
ADB projects decline in GDP, as trade deficit continues to worsen
ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...
August inflation accelerates to 10.49pc
ISLAMABAD: The Consumer Price Index (CPI)-based monthly inflation grew by 10.49pc in August 2019, as compared to the same month of last...
Punjab govt exempts several industries from lockdown
LAHORE:Â In yet another move to provide financial relief to the masses, the Punjab government has exempted several industries from the lockdown amid...
Govt imposes severe penalties on smuggling gold, currency abroad
ISLAMABAD: In a bid to curb money laundering and to meet the conditions of the Financial Action Task Force (FATF), the government...
Motorbike, three-wheeler sales drop 9.6pc
ISLAMABAD: The sale of motorbikes and three-wheelers witnessed a decline of 9.68pc during the first eight months (July-February) of the current financial...
Local oil production dips 6pc in 2QFY21
KARACHI:Â Pakistan's oil production fell 6 per cent year-on-year (YoY) to 76,331 barrels of oil per day during the second quarter (Oct-Dec, 2020)...
Oil falls as US-China trade deal prospects dim
SINGAPORE/LONDON:Â Oil prices fell on Wednesday as prospects for a trade deal between the United States and China faded, weighing on the outlook...
Asian shares nosedive after hefty losses on Wall Street
BEIJING: Asian stocks were mixed Wednesday after Wall Street recorded its biggest decline since August.
KEEPING SCORE: The Shanghai Composite Index fell 0.7...
Launch of Facebook’s Libra could be delayed over regulatory concerns
GENEVA: The launch of Facebook’s Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the...