Russia keeps key interest rate at 7.5 pct

MOSCOW, Dec 17 (XINHUA/APP):Russia’s central bank decided on Friday to keep its key interest rate unchanged at 7.5 percent per annum. “Current consumer prices are growing at a moderate rate and consumer demand is subdued. Inflation expectations of households and businesses, essentially unchanged, remain elevated,” […]

FPCCI, Algeria Chamber sign MoU to promote trade

KARACHI, Dec 15 (APP): Algerian Ambassador to Pakistan Brahim Romani said his country’s policies were centered on an open economy and offering maximum facilitation and incentives to local and foreign investors. He stressed holding different exhibitions on both sides as Algeria was the center of […]

US industrial output slips in November

Washington, Dec 15 (AFP/APP):Industrial production in the United States slumped in November with “broad based” decreases, the Federal Reserve said Thursday, as output for bigger-ticket consumer products and manufacturing fell. While tangled supply chains and surging costs which weighed on businesses are easing, in a […]

19 Economic Zones launched

Peshawar. December 13 (ONLINE): As many as nine out of 19 Economic Zones have been launched whereas work on the launching of five Economic Zones is in progress. An Investment to the tune of Rs. 340.00 billion is expected in these Economic Zones. Similarly, 1672 […]

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