Business & Economy

BEIJING, Aug 17 (APP): China’s 70% of corn imports come from the United States and 29% from Ukraine but China’s demand for corn imports is gradually expanding amidst global political and social upheavals. In June this year, water-logging jeopardized maize yields in China’s north east […]

ISLAMABAD, Aug 17 (APP): President Dr Arif Alvi has held the National Bank of Pakistan (NBP) responsible for wrongdoing and maladministration in a case where an innocent and illiterate customer was swindled out of Rs 1 million by a branch manager while depositing the amount […]

ISLAMABAD, Aug 17 (APP): Lucky Cement Limited (LUCK) won the Environment Excellence Award at the 19th Annual Environment Excellence Awards 2022, organized by The National Forum of Environment and Health (NFEH). Lucky Cement received the award in recognition to its commitment towards sustainable development and […]

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 […]