Business & Economy

Washington, March 30 (AFP/APP): Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed Thursday, paving the way for his likely appointment in the coming months. “In accordance with established procedures, the Executive Directors […]

ISLAMABAD, Mar 29 (APP): Prime Minister Shehbaz Sharif on Wednesday said the development of Balochistan, particularly Gwadar, was among the priorities of the government. The prime minister, in a meeting with Member of National Assembly Aslam Bhootani, who called on him here, said Gwadar also […]

Zurich, March 29 (AFP/APP): UBS announced on Wednesday it was bringing back former CEO Sergio Ermotti to lead the Swiss banking giant’s controversial acquisition of troubled rival Credit Suisse. Ermotti spent nine years restoring UBS’s reputation after its bailout by the Swiss government and the […]

ISLAMABAD, Mar 29 (APP):Minister for Commerce Syed Naveed Qamar on Wednesday stressed the need for enhancing bilateral trade with Australia to its true potential, besides enhancing cooperation and transfer of technology in developing food processing, dairy and cattle industry. The minister held a meeting with […]

ISLAMABAD, Mar 29 (APP): The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 202.48 points, a negative change of 0.51 percent, closing at 39,879.89 points against 40,082.37 points the previous day. A total of 108,795,600 shares were traded during the […]

ISLAMABAD, Mar 28 (APP): A dedicated team of Regional Tax Office (RTO) Rawalpindi/City Zone on Tuesday sealed an outlet of a famous jeweler over Point of Sale (POS)’s non-integration with the Federal Board of Revenue (FBR). “In pursuance of directions of Ms.Tehmina Aamer, Chief Commissioner […]

Rawalpindi (PNI) Fauji Fertilizer Company (FFC) held its 45th Annual General Meeting on March 28th, 2023 thus establishing a quorum of 58.98 percent with representation either in person or through Video Conferencing and proxies. Individual shareholders as well as all major equity holders including Fauji […]

ISLAMABAD, Mar 28 (APP): President of Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari on Tuesday demanded the government to cooperate with the private sector in value addition of pink salt which would enable the country to earn billions of dollars through its […]

BEIJING, March 28 (Xinhua/APP) –: The People’s Insurance Company Group of China (PICC), China’s leading insurer, registered an increase in revenue and net profit in 2022. The business revenue of the insurer was 625.8 billion yuan (about 91 billion U.S. dollars) last year, up 6.9 […]

KARACHI (PNI) Sohail Nisar, Senior Vice Chairman, Pakistan Yarn Merchants Association (PYMA), while expressing deep concern over electricity, gas tariff huge hike, and rejected anti-business & industry initiative. He has termed it as disastrous for business & industry, and appealed Prime Minister Mian Muhammad Shehbaz […]