Business & Economy

GUIYANG, Apr 20 (XINHUA/APP): Southwest China’s Guizhou Province saw its gross domestic product (GDP) hit 481.5 billion yuan (about 75.2 billion U.S. dollars) in the first quarter of 2022, up 6.6 percent year on year, local authorities announced on Wednesday. The added value of the […]

ISLAMABAD, Apr 20 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 390.20 points, with negative change of 0.84 percent, closing at 45,943.16 points against 46,333.36 points on the last working day. A total of 234,997,430 shares were […]

ISLAMABAD, Apr 19 (APP): Prime Minister Shehbaz Sharif Tuesday, in a major relief package, announced the reduction of flour price from Rs 550 to Rs 400 per 10-kilogram bag in the Punjab province to provide relief to the people during the Holy Month of Ramazan. […]

BEIJING, April 19 (APP): Cheng Xizhong, Visiting Professor of Southwest University of Political Science and Law said on Tuesday said that under the leadership of Prime Minister Shehbaz Sharif, China-Pakistan relations would witness a broad-based acceleration in all domains. “Since being elected Prime Minister of […]

ISLAMABAD, Apr 19 (APP): The Economic Coordination Committee (ECC) on Tuesday approved supplementary grant of Rs. 68.74 billion for disbursement of Price Differential Claims (PDCs) of Oil Marketing Companies (OMCs) and Refineries. The ECC after discussion approved supplementary grant of Rs. 68.74 billion for disbursement […]

ISLAMABAD, Apr 19 (APP): Federal Minister of Planning Development and Special Initiatives, Professor Ahsan Iqbal on Tuesday reviewed a progress on Public Sector Development Programme (PSDP) projects. The Minister chaired first meeting after taking charge of the ministry said a press release issued here. The […]

COLOMBO – April 19 (ONLINE) The International Monetary Fund will consider providing quick financial assistance to debt-burdened Sri Lanka following representations by India, Sri Lanka’s finance ministry said on Tuesday. A delegation headed by Sri Lanka’s Finance Minister Ali Sabry kicked off formal talks with […]

DUBAI – April 19 (ONLINE) National Bank of Kuwait (NBKK.KW), the country’s biggest lender, reported on Tuesday a first quarter profit of 116.6 million dinars ($381.79 million), a 38% annual rise on lower impairment losses and higher net operating income, foreign news agency reported. EFG […]

LAHORE, Apr 18 (APP):While welcoming the setting up of deadline for Diamer-Bhasha dam, the Lahore Chamber of Commerce & Industry (LCCI) said on Monday that the mega project would serve as future lifeline for the country, would improve energy mix, curtail huge oil import bill […]

UNITED NATIONS, Apr 18 (XINHUA/APP): UN Secretary-General Antonio Guterres on Saturday welcomed the creation of the Resilience and Sustainability Trust (RST) by the International Monetary Fund (IMF), said his spokesman.   Guterres congratulated IMF Managing Director Kristalina Georgieva and the Executive Board for approving the […]