Business & Economy

Geneva, Feb 9 (AFP/APP): Credit Suisse stocks plunged nearly 15 percent on Thursday as the scandal-plagued Swiss banking giant posted its biggest annual loss since the 2008 financial crisis — and warned it expects to stay in the red in 2023. Switzerland’s second-biggest bank, which […]

Geneva, Feb 9 (AFP/APP): Credit Suisse on Thursday posted its biggest annual loss since the 2008 financial crisis and the scandal-plagued Swiss banking giant expects to fall deeper into the red in 2023. Switzerland’s second-biggest bank, which unveiled a dramatic restructuring plan in October aimed […]

ISLAMABAD, Feb 9 (APP): Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar on Thursday said the government has total allocation of Rs 118.4 billion for road safety to enhance the country’s road infrastructure in Public Sector Development Program (PSDP) for FY2023. The Finance […]

Tokyo, Feb 9 (AFP/APP): Japan’s Toyota left its annual forecasts unchanged on Thursday despite ongoing disruption from the global chip shortage, as the cheaper yen offsets the impact of soaring materials prices. The world’s top-selling automaker, which reshuffled its executive line-up last month, is still […]

ISLAMABAD, Feb 8 (APP): Over 1.2 million olive plants will be planted during the current spring tree plantation campaign across the country to strengthen the national efforts to enhance the output of domestic edible oil for reducing the reliance on the imported commodity as well […]

ISLAMABAD, Feb 07 (APP):Federal Minister for Finance and Revenue Muhammad Ishaq Dar on Tuesday commended the support of World Bank in flood recovery, and rehabilitation efforts and assured full support to the WB-funded development projects in Pakistan. The minister said this while meeting Regional Director […]

Rawalpindi (PNI) Fauji Fertilizer Company (FFC), held its First Corporate Briefing for the year 2023, as part of its best corporate governance practices. FFC has been recognized by Pakistan Stock Exchange (PSX) as first amongst Top 25 Companies consecutively for 12 years attributed to its […]

Lahore, Feb 6 (Online): In compliance to the directives of Honourable Prime Minister of Pakistan, H.E. Mian Muhammad Shahbaz Sharif and Federal Minister for Energy, H.E. Engr. KhurramDastgir Khan, the National Transmission and Despatch Company Limited (NTDC) has completed the construction work of 29 km […]

Islamabad ()PNI Pakistan Single Window (PSW) has begun rolling out the Lab Management System (LMS) for electronic processing of lab test requests initiated by the government agencies for clearance of imports/exports. In the first phase laboratories associated with the Department of Plant Protection (DPP) are […]

ISLAMABAD, FEB 02 (Online): IMF has sought details of assets of politicians, bureaucrats and other functionaries from Pakistan The third round of talks was held between Pakistan and IMF and IMF program and transparency system came under discussion therein. IMF said that assets of all […]