Pakistan’s leather export increased by14 percent
ISLAMABAD: This year Pakistan's leather export increased up to 14 percent, Gwadar Pro reported on Sunday quoting Danish Khan, owner of Highways Creations Pvt...
Pakistan, Uzbekistan discuss implementation of Trans Afghan Railways project
ISLAMABAD: Federal Minister for Railways Muhammad Azam Khan Swati called on the Transport Minister of Uzbekistan and discussed implementation of the trilateral understanding on the...
World Bank approves $195m loan to improve electricity supply, distribution in Pakistan
ISLAMABAD: The World Bank’s Board of Executive Directors approved $195 million, in financing to support Pakistan in improving electricity distribution and implementing energy sector...
Major markets under pressure due to lack of trust in government’s economic narrative
ISLAMABAD: Three of the major markets of Pakistan's economy are under pressure owing to deteriorating macro-economic fundamentals and aggravating sentiments, with the markets refusing...
World Bank allocates package for low-income countries
ISLAMABAD: The World Bank announced a $93 billion replenishment package for International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis...
Monetary Policy: SBP raises interest rate by 100 bps to 9.75pc
KARACHI: State Bank of Pakistan(SBP) has increased the benchmark interest rate by 100 basis points to 9.75 per cent on Tuesday, saying it would...
Branchless Banking: SBP, PTA launch Asaan Mobile Account scheme
ISLAMABAD: In an effort to bring unbanked population into formal banking services, Asaan Mobile Account (AMA) scheme has been launched by Pakistan Telecommunication Authority...
Rise in RLNG price in Punjab cause huge dent to textile exports
ISLAMABAD: With an increase of $2.5/mmBtu in the price of Regasified Liquid Nitrogen Gas (RLNG) for the industries in Punjab, the booming textile export...
Pakistan-born Farmida Bi appointed as Norton Rose Fulbright Global Chair
LONDON: Global law firm Norton Rose Fulbright has appointed Pakistani descent London capital markets and Islamic finance partner Farmida Bi as its Global Chair,...
Rupee may lose more ground against US dollar
ISLAMABAD: Pakistani rupee is expected to lose more value against US dollar and is likely to trade at Rs. 178-179 per dollar in days...
