Business & Economy

ISLAMABAD – January 8 (ONLINE) A high powered ‘advisory committee’ has been reconstituted at the Ministry of Planning and Development for formulation and execution of the policies, it emerged Sunday. According to media reports, the committee, comprising of 31 officials, will be headed by Federal […]

ISLAMABAD – January 8 (ONLINE) Finance Minister Ishaq Dar will meet a delegation of the International Monetary Fund (IMF) to deliberate Pakistan’s ongoing IMF program at sidelines of the “Resilient Pakistan” conference in Geneva, it emerged. IMF Spokesperson said Sunday the meeting is aimed at […]

LAHORE – January 8 (ONLINE) Minster for Railways and Aviation Khawaja Saad Rafique has reiterated his commitment to reduce the volume of losses in Railways and Pakistan International Airlines and make them profitable entities by taking effective steps. Addressing a press conference in Lahore on […]

BEIJING, Jan 6 (APP):A Chinese car company will launch its new brand and new model in Pakistan this year. In 2023, two significant updates, one new variant, and one new model will also be released. In another major development, it will launch its new brand […]

Washington, Jan 6 (AFP/APP):The dominant US services sector contracted for the first time in more than two years in December, survey data showed on Friday, as business activity slumped. The Institute for Supply Management’s services index dipped below a key 50-percent threshold, indicating a contraction […]

ISLAMABAD – January 4 (ONLINE) Finance Minister Ishaq Dar on Wednesday held a fiery press conference – flanked by his fellow cabinet members including Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal, Federal Minister for Energy Khurram Dastgir Khan, Federal Minister for Economic […]

Karachi, Jan 4 (Online): In the latest episode of the SBP Podcast series, three officers of Economic Policy Review Department (EPRD) discuss the prospects of demographic dividend in Pakistan. The population of Pakistan has increased exponentially from 1970 when it was 59 million to 231 […]

Dublin, Jan 4 (AFP/APP): US social media giant Meta was slapped Wednesday with fines totalling 390 million euros ($413 million) for breaching EU personal data laws on Facebook and Instagram, Ireland’s data regulator said. Meta and other US Big Tech firms have been hit by […]

London, Jan 4 (AFP/APP):Recession-bound Britain will emerge from its winter of discontent with economic growth, lower inflation and shorter hospital waiting lists, Prime Minister Rishi Sunak vowed on Wednesday. Issuing a five-point list of promises for the new year, Sunak also vowed to bring down […]

Washington, Jan 4 (AFP/APP): US central bankers do not expect it will be “appropriate” to start cutting interest rates this year with inflation remaining high, according to minutes of the latest Federal Reserve policy meeting released Wednesday. The Fed has waged an all-out campaign to […]