IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone
The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained...
Pakistan, UAE company, all set to sign 25-year concession agreement for terminal’s operations on Karachi Port
ISLAMABAD: Pakistan is on the verge of signing a 25-year concession agreement with Abu Dhabi Ports, a UAE-based company, to operate the...
IT minister and Huawei Pakistan CEO discuss “digital financial revolution”
ISLAMABAD: In a stride toward advancing financial access and embracing transformative opportunities, Ethan Sun, CEO of Huawei Pakistan, held a pivotal meeting...
SECP unveils standardized constitutive documents for registration of private funds
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken a significant stride towards streamlining and expediting the registration process of...
Finance Minister suggests listing of Govt debt securities at PSX to develop debt market
ISLAMABAD: The Federal Minister for Finance & Revenue Dr Shamshad Akhtar said that the securities market can play a vital role in...
Mobile phone imports surge to 76pc despite dollar constraints
The industry envisions the need for consistency in this upward trajectory, as it could lead to the local production of allied parts
Pakistan’s textile and apparel industry all set to shine at Texworld – Apparel Sourcing, Paris 2024
In a desperate effort to boost textile export, TDAP to provide a subsidy of 33% on putting up stalls.
China asks big banks to stagger and adjust dollar purchases, sources say
China's central bank has asked some of the country's biggest lenders to refrain from immediately squaring their foreign exchange positions in the...
Caretaker PM approves transfer of Sugar Advisory Board’s control back to Industries & Production Ministry
ISLAMABAD: The caretaker prime minister, Anwaar-ul-Haq Kakar, has granted his approval for the Sugar Advisory Board to be handed over to the...
Industry on edge as new proposition suggests 24-hour clearing period for stock trades
The clearinghouse is looking to change the settlement time before changing the infrastructure
Remittances have been on the decline for some time. August’s data shows the trend hasn’t changed
Remittances in FY23 were down by $4.25 billion year-on-year. They have continued to decline in first two months of FY24. Are Pakistanis sending less money home?
Accreditation of HWT plants suspended for exporting untreated mangoes to Iran
ISLAMABAD: In a groundbreaking development with far-reaching implications for mango exports from Pakistan to Iran, the Department of Plant Protection (DPP), a...
Steel sector continues to grumble
The PALSP has raised alarms over the authorities' lack of effective measures to counter the menace of smuggling.
More than 120 life-saving medicines vanish from Lahore pharmacies
There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable.
US and China agree to export control information dialogue
The United States and China have agreed to launch an export control enforcement information dialogue and a new formal working group on...