Business & Economy

COLOMBO, MARCH 21 (Xinhua/APP): Sri Lanka will receive the first tranche of the IMF Extended Fund Facility (EFF) within the next two days, IMF senior mission chief for Sri Lank Peter Breuer said on Tuesday. Sri Lanka will immediately receive an initial disbursement of about […]

ISLAMABAD, Mar 21 (APP): The Pakistan rupee gained 11 paisa against the dollar in the interbank trading on Tuesday and closed at Rs 283.92 against the previous day’s closing of Rs 284.03 According to the Forex Association of Pakistan (FAP), the buying and selling rates […]

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 […]