Business & Economy

ISLAMABAD, Nov 05 (Online): Pakistan and the UAE have agreed to further deepen mutual cooperation in all fields including economy, trade, energy and investment. The understanding was reached at a meeting between Foreign Minister Bilawal Bhutto Zardari and UAE’s Foreign Minister Sheikh Abdullah Bin Zayed […]

Washington, Nov 4 (AFP/APP):US job gains topped expectations in October, official data showed Friday, as hiring remained resilient and wages moved ever higher even as unemployment edged up, underscoring the challenges in lowering rampant inflation. The data comes days ahead of midterm elections, where decades-high […]

MUZAFFARABAD, Nov 04 (APP):Khawar Saeed, President and Chief Executive Officer Bank of Azad Jammu and Kashmir while chairing a review meeting here on Friday, said that the home remittances of Bank of AJK crossed the highest level of increase 3.5 billion rupees, which was a […]

ISLAMABAD, Nov 4 (APP):The Economic Coordination Committee (ECC) after deliberation allowed to increase petroleum levy from Rs 30 up to Rs. 50/Liter on RON 95 and above with effect from 16th November, 2022, which is a luxury good being consumed by wealthy consumers in expensive […]

ISLAMABAD, Nov 3 (APP): The United States (U.S.) has provided seed funding to women entrepreneurs to grow their businesses in Pakistan. According to a statement issued by the U.S. Embassy in Pakistan on Thursday, more than 30 participants from the second Academy for Women Entrepreneurs […]

BEIJING, Nov. 3 (Xinhua/APP): China will establish 29 more demonstration zones to promote imports, the Ministry of Commerce said on its website. Eight authorities including the National Development and Reform Commission, the Ministry of Finance, and the People’s Bank of China decided to set up […]

KARACHI, Nov 02 (APP):A tripartite Service Level Agreement (SLA) was signed between Board of Revenue Sindh, Sindh Bank Limited and Punjab Information Technology Board (PITB) for issuance of e-Stamps from Sindh Bank Limited to further facilitate people of the province in obtaining e-Stamps at their […]

KARACHI, Nov 02 (APP):State Bank of Pakistan (SBP) and Peoples Bank of China (PBoC) have signed an memorandum of understanding (MoU) on establishing RMB (Chinese currency) clearing arrangements in Pakistan. The MoU was signed by SBP Governor Jameel Ahmad and PBoC Governor Yi Gang, said […]

ISLAMABAD 02 Nov (Online): Islamabad Electric Supply Company (IESC) Board of Governors has been re-organized. Energy ministry issued notification in this regard after the approval of cabinet on Wednesday. Engineer Qamar-Ul-Islam is the new chairman of the board of directors of IESCO. Major (R) Tahir […]

ISLAMABAD, NOV 02 (Online): The Power Distribution Companies (DISCOs) have filed application in National Electric Power Regulatory Authority (NEPRA) seeking increase in power tariff by Rs 2 per unit. NEPRA will hear the petition of DISCOs on November 15. An additional burden of more than […]