Business & Economy

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 […]

ANKARA, Apr 18 (AA/APP):Europe’s biggest solar power plant, the under-construction Karapinar plant in Konya in south-central Turkey, is poised to be fully operational by the end of 2022, Cemal Kalyoncu, the chairman of Kalyon Holding, the company responsible for the project, said on Monday. The […]

ULAN BATOR, April 18 (Xinhua/APP) –: Mongolia’s foreign trade turnover increased by 3.1 percent year on year to 3.6 billion U.S. dollars in the first quarter of this year, said the country’s National Statistics Office on Monday. Mongolia registered a foreign trade surplus of 251.4 […]

ISLAMABAD, Apr 16 (APP): Spices exports during the first eight months of fiscal year of 2021-22 grew by 20.78 % as compared to the exports of the commodity during the corresponding period of last year. During the period from July-Feb 2021-22 Spices worth US $74,946 […]

ISLAMABAD, Apr 15 (APP): Pakistan Muslim League Nawaz (PML-N) leader Shahid Khaqan Abbasi Friday said that Prime Minister Shehbaz Sharif had rejected the Oil and Gas Regulatory Authority’s (Ogra) summary to increase petroleum prices as the government did not want to shift burden to the […]

BEIJING, Apr 12 (APP): In recent years, with the rapid progress of the construction of China-Pakistan Economic Corridor (CPEC) and Special Economic Zones (SEZs), Chinese enterprises, especially private small and medium-sized enterprises, have significantly increased their investment in Pakistan. The economies of the two countries […]

SYDNEY, April 12 (Xinhua/APP): A new report has revealed that over 4 million Australian workers are currently in insecure work, highlighting the growing precarity faced by workers in the “gig economy”. The report, published by the Australian Council of Trade Unions (ACTU) on Monday, showed […]

ISLAMABAD, Apr 10 (APP): Staff shortage and inadequate number of branches have made it impossible for the National Savings to facilitate pensioners and investors at various branches across the country. An administrative and management crisis surfaced when the Finance Ministry transferred the system of saving […]

Colombo, April 8 (AFP/APP):Cash-strapped Sri Lanka’s central bank hiked interest rates by a record 700 basis points Friday as police fired tear gas at hundreds of students protesting over the economic crisis. Severe shortages of food and fuel, alongside lengthy electricity blackouts, have led to […]