Business & Economy

DHAKA, Aug 17 (XINHUA/APP):The International Monetary Fund (IMF) said that Bangladesh is not at risk of a Sri Lanka-like crisis. Bangladesh’s external position is “very different from several countries in the region,” said Rahul Anand, division chief in the IMF’s Asia and Pacific Department, while […]

ISLAMABAD, Aug 17 (APP): Pakistan rupee on Tuesday lost 99 paisa against the US dollar in the interbank trading and closed at Rs 214.88; against the previous day’s closing of Rs 213.89. According to the Forex Association of Pakistan (FAP), the buying and selling rates […]

NEW YORK, Aug. 17 (Xinhua/APP) –:U.S. stocks finished mixed on Tuesday as investors digested a slew of economic data. The Dow Jones Industrial Average increased 239.57 points, or 0.71 percent, to 34,152.01. The S&P 500 rose 8.06 points, or 0.19 percent, to 4,305.20. The Nasdaq […]

LAHORE, Aug 16 (Online): Recent hike in the price of petroleum products has been challenged in the court. A miscellaneous petition has been filed through Azhar Siddique advocate taking the plea that increasing the price of petroleum products by government will further boost the inflation. […]

LAHORE, Aug 16 (Online): A high level delegation of Pakistan Industrial & Traders Associations Front (PIAF) in the lead of its Chairman Faheem Ur Rehman Saigol called on Punjab Governor Baligh-ur-Rehman at Governor House here. During the meeting the delegation briefed the governor about the […]

ISLAMABAD, Aug 16 (Online): Finance Minister Miftah Ismail has said the economy is improving and the government’s next target is to control inflation. Addressing a news conference in Islamabad on Tuesday, he said the rupee has continuously been appreciating since the 1st of this month […]

ISLAMABAD, Aug 16 (APP):Workers’ remittances recorded an inflow of US$2.5 billion during July 2022, continuing their record streak of above $2 billion for the 26 consecutive months, according to a data released by State Bank of Pakistan on Tuesday. In terms of growth, during July […]

ISLAMABAD, AUGUST 15 (Online): Prime Minister Muhammad Shehbaz Sharif has underscored the need for urgently operationalizing the Transit Trade Agreement and Preferential Trade Agreements with Uzbekistan to fully unlock the immense bilateral economic potential. He was talking to Ambassador of Uzbekistan Oybek Usmanov who paid […]

ISLAMABAD, Aug 14 (APP): The corporate sector in the country must fully exploit the potential of vast scope of halal food exports in global markets as its current size $2 trillion is expected to touch the level of $3 trillion by next five year. Talking […]

BEIJING, Aug. 14 (Xinhua/APP): China’s output of power batteries surged 175.6 percent year on year to 253.7 GWh in the first seven months of the year, according to industry data. In the January-July period, 153.8 GWh of lithium iron phosphate batteries were produced, up 227.1 […]