Business & Economy

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 […]

NEW DELHI 15 Dec (Online): Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below a $60 price cap agreed by the West, four market […]

Rawalpindi (PNI) Fauji Fertilizer Company Limited has been awarded as “Largest National Tax Payer” from Manufacturing Sector” for year 2022 in the “Second Taxpayer Recognition Awards 2022” organized by Rawalpindi Chamber of Commerce & Industry. Representatives from the various multinationals and corporate blue chip companies […]

Islamabad, Dec 14 (Online): Finance Minister Ishaq Dar has said the government is making efforts to revive the economy. Speaking at the second Pakistan Prosperity Forum in Islamabad on Wednesday, he said we have recently launched operations to check smuggling of foreign currency and other […]

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 […]

HANOI, Dec. 13 (Xinhua/APP) –: Vietnam aims to further push its coffee industry in the international market by focusing on sustainable development and intensively-processing methods, according to the country’s ministry of agriculture and rural development on Tuesday. The country’s coffee industry has made steady headway […]

SEOUL, Dec. 13 (Xinhua/APP): Shipment in South Korea’s mining and manufacturing industry logged the fastest growth in 11 years last year due to brisk export, statistical office data showed Tuesday. The combined shipment by manufacturers and mining companies with at least 10 employees totaled 1,769.1 […]

ISLAMABAD, Dec 13 (APP):The Ministry of Information Technology and Telecommunication is committed to taking Information Technology (IT) related exports to $5 billion by the end of 2023. “On the directions of Prime Minister Shehbaz Sharif, the IT ministry has set a target of $15 billion […]

ISLAMABAD, Dec 13 (APP): The sale of cars during the first five months of current fiscal year 2022-23, has dropped by 38.93 percent as compared to the same months of last year, a latest data released by Pakistan Automobile Manufacturing Association (PAMA). According to the […]

ISLAMABAD, DEC 13 (Online): President Dr Arif Alvi has termed the continuation of policies essential for sustainable economic growth, promoting industrialization and attracting foreign investment. He was addressing the second Rawalpindi Chamber of Commerce and Industry Taxpayer Recognition Awards at Aiwan-e-Sadr. The President said hurdles […]