President Alvi imposes fine on UBL
ISLAMABAD: President Dr Arif Alvi has imposed a fine of Rs 20,000 on United Bank Ltd (UBL) over filing a frivolous representation in a disputed transaction case involving a mere…
Bourse
Stock markets rise ahead of key US jobs data
LONDON; Stock markets mostly advanced Friday(6th of Jan 2023) as traders awaited key US jobs data and after news of falling inflation in the eurozone.Global equities have enjoyed a largely…
Sino-Pak fast-track bilateral cooperation
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday (5th of Jan 2023) held a telephonic conversation with Chinese Premier Li Keqiang wherein he emphasized Pakistan’s unswerving focus on timely progress of…
Bourse
Stock Markets Extend Solid Start to Year
LONDON: Stock markets mostly extended the solid start to the year on Thursday(5th of Jan 2023) as China reopens its economy from lockdowns, while oil prices recovered after heavy losses.Markets…
Markets
Asian markets rise again
HONG KONG: Asian markets built on their positive start to the year Wednesday (4th of Jan, 2023) as investors brushed off a drop on Wall Street and weighed China's reopening…
Prices of 20 medicines reduced: Minister
ISLAMABAD: The federal government on Tuesday approved the proposal to reduce the prices of 20 medicines up to 30 percent in order to give relief to the masses. According to…
Bourse
Stock markets rally on New Year boost
LONDON: Stock Markets all over the world rallied Tuesday thanks to a New Year boost, which is clouded however by rising interest rates, recession worries and Russia's war on Ukraine.…
Bearish Bourse
Markets suffer worst performance in ’22
LONDON: Many global stock markets in 2022 suffered the worst showing in years, rocked by Russia's invasion of Ukraine, decades-high inflation, the end of easy money and China's latest Covid…
islamabad airport
Govt to engage int’l operators to help run three major airports
ISLAMABAD: The government on Friday (31st fay of January, 2023) decided to engage international operators to help run three major airports of Islamabad, Lahore and Karachi with a view to…
Shehbaz Sharif
PM directs end to tax evasion in cigarette sector
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday (28th of December, 2022) directed for immediate eradication of smuggling and tax evasion in the cigarette manufacturing sector. Chairing a high-level meeting…
Palm Oil
Fitch foresees lower palm oil prices in 2023
KUALA LUMPUR: Fitch Ratings foresees Malaysian benchmark crude palm oil (CPO) spot prices will average 850 U.S. dollars per tonne in 2023, significantly lower than 1,175 dollars per tonne in…
President Alvi visits KATI
KARACHI: President Dr Arif Alvi on Saturday urged the Korangi Association of Trade and Industry (KATI) to enhance women’s participation in business sector and labour force as they could play…
Christmas and the Christian Community in Pak
ISLAMABAD: The Christian community of Pakistan will celebrate the grand festival of Christmas tomorrow (Sunday, 25th of December, 2022). https://www.youtube.com/watch?v=lmYTIfKINks As Christmas approaches (December 25), Archbishop Rawalpindi and Islamabad Dr.…
China is Pakistan’s largest trading partner
HYDERABAD: Speakers have emphasized upon the country's educational institutions to highlight new avenues of cooperation with China and identify complications in politics, economy and culture as China was a significant…
Dr Musadik Malik
Russia desiring to sell cheap crude oil products
ISLAMABAD: Minister of State for Petroleum Dr. Musadik Malik on Thursday (15th December 2022) said the GoP held negotiations with the Govt of Russia to purchase crude petroleum oil products.…
ECC allows export of sugar up to 100,000 MT
ISLAMABAD: Economic Coordination Committee has allowed the export of sugar up to 100,000 metric tons (MT). The decision was taken during a meeting held here on Thursday (15th of December,…
Ishaq Dar
Dar says wheat is being smuggled out of Pakistan
LAHORE: Finance Minister Ishaq Dar said that wheat was being smuggled out of Pakistan that must be stopped on a war footing. He was addressing a ceremony organized by All…
President Alvi on Crop Insurance
President Arif Alvi has called upon all relevant stakeholders to maximize their efforts to increase the percentage of insurance coverage in the agriculture sector. During a meeting on Crop Insurance…
Facebook monetization in Pakistan
ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Friday visited the Asia Pacific headquarters of Meta (Facebook), based in Singapore, where he launched the “Stars Programme” for monetization in Pakistan. This…
CPEC a strategic project: President Alvi
ISLAMABAD: President Dr Arif Alvi on Friday said that the China Pakistan Economic Corridor was a strategic project having economic, financial, logistics and connectivity value for Pakistan and China as…
Dar calls for curbing cross border smuggling
ISLAMABAD: Finance Minister Ishaq Dar has asked the relevant authorities to devise a robust and proactive roadmap to curb the cross border smuggling of various items in order to bring…
FUUAST Pakistan-Polish International Scientific Conference
KARACHI: Sindh Governor Kamran Khan Tessori on Wednesday said that the Oil and Gas Company of Poland is working in Pakistan to explore natural gas reserves. Governor Sindh expressed the…
Bearish Bourse
Asian equities, oil prices dragged by recession fears
HONG KONG: Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.The drop…
IATA expects airlines to return to profitability
ISTANBUL: The International Air Transport Association (IATA) on Tuesday (6th of dec 2022) said that the global airline industry would return to profit next year for the first time since…