Business & Economy

Geneva, March 20 (AFP/APP):UBS’s emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country’s biggest bank and financial sector as a whole. Switzerland was in shock after its largest bank agreed […]

Rawalpindi (PNI) Torrential rains and flash flooding had inundated a third of Pakistan last year with huge losses to life and property of the victims. Fauji Fertilizer Company (FFC) has a long history of standing with underprivileged community in testing times. As part of recent […]

ISLAMABAD, Mar 19 (APP): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) on Sunday urged the State Bank of Pakistan (SBP) to make significant cut in interest rate to revive the businesses and economy of the country. He said that the 20 […]

HYDERABAD, Mar 18 (APP): The Hari Welfare Association (HWA), a non-profit working to protect the rights of the peasants, has raised the alarm that the post-flood situation in Sindh is compelling the farmers to fall into the trap of debt bondage. At a press conference […]

Ankara, March 18 (AFP/APP): Turkey’s President Recep Tayyip Erdogan on Saturday announced the extension of a deal that allowed exports of Ukrainian grain to resume following Russia’s invasion. “Following talks with the two parties, we have assured the extension of the deal that was due […]

FAISALABAD, Mar 18 (APP): The Faisalabad Chamber of Commerce & Industry (FCCI) will remain open on Sunday (March 19) for renewal of membership for the next year 2023-24. In a statement issued here on Saturday, Bilal Sharif, Deputy Secretary General, said that last date for […]

LAHORE, Mar 18 (APP): Lahore Chamber of Commerce and Industry (LCCI) Senior Vice President Zafar Mahmood Chaudhry will perform as the Acting President of the LCCI in the absence of the chamber’s President Kashif Anwar who is out of country for a business visit from […]

Islamabad, March 17, 2023 (Online): Pakistan and Australia held 8th Session of Pakistan-Australia Senior Officials Talks (SOTs) on 16 March 2023 in Islamabad. Additional Foreign Secretary (Asia-Pacific) Mumtaz Zahra Baloch led the Pakistan side, while the Australian side was led by First Assistant Secretary for […]

ISLAMABAD, Mar 15 (APP): Owing to increase in Platts Singapore and depreciation of Pak Rupee, the government on Wednesday increased prices of petrol by Rs.5 per liter with effective from March 15, 2023. “In the last fortnight, Platts Singapore prices registered an increase. This along […]

ISLAMABAD, Mar 15 (APP):Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited […]