Business & Economy

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 […]

Lahore (PNI) Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to celebrate 75th Independence Day Anniversary of Pakistan. Managing Director SNGPL Ali J. Hamdani was chief guest of the ceremony. While addressing the event, Managing Director Ali […]

Washington, Aug 13 (AFP/APP): Rating agencies S&P and Fitch again lowered Ukraine’s credit rating Friday, deeming that the war-torn country’s debt restructuring agreement placed it one notch from default. S&P cut Ukraine’s rating to “SD” for selective default from “CC/C,” noting that a majority of […]

BEIJING, Aug. 13 (Xinhua/APP): The Agricultural Development Bank of China (ADBC), a rural policy bank, extended 14.9 billion yuan (about 2.21 billion U.S. dollars) in funds as of Friday to support infrastructure. The fund, established on July 20, has been funneled to 68 projects, mainly […]

ISLAMABAD – August 12 (ONLINE) The National Electric Power Regulatory Authority (Nepra) on Friday increased in electricity tariff by Rs9.90 per unit on account of the monthly fuel adjustment (MFA) for June 2022. According to the notification issued by the Nepra, CPPA had requested an […]

Islamabad, August 12 (ONLINE):: The U.S. government today announced a new $1 million grant in support of Pakistan’s ability to address natural disasters, such as the ongoing flooding. Funded by the U.S. Agency for International Development (USAID), this humanitarian assistance will build the resilience of […]

ISLAMABAD, Aug 12 (APP):Federation Board of Revenue (FBR) has categorically rebutted a news item appearing for the last couple of days in some newspapers with reference to the revision of SRO.1640(I)/2019 relating to China-Pakistan Free Trade Agreement (CPFTA). The subject news item gave an impression […]