Business & Economy

ISLAMABAD, April 29 (Online): Minister for Energy Khurram Dastgir has said there is no crisis of electricity generation but there is crisis of fuel and former Prime Minister (PM) Imran Khan is responsible for it. “However load shedding matters will start settling gradually from May […]

SEOUL, April 28 (Xinhua/APP) –: South Korea’s passenger car export fell in the first quarter due to external uncertainties, customs office data showed Thursday. Sedan exports stood at 10.93 billion U.S. dollars in the January-March quarter, down 0.6 percent from a year earlier, according to […]

ISLAMABAD, Apr 28 (APP): The Central Development Working Party (CDWP) has cleared three development projects worth 15.7804 billion, while recommending to the National Economic Council (ECNEC) for approval during its meeting held on Thursday. The CDWP considered seven projects under the chairmanship of Deputy Chairman […]

Chania, Greece, April 27 (AFP/APP):Chryssa Vertakis’s three-star Crete hotel is nearly booked up this summer, but her guests will have to eat elsewhere because her kitchen has no chef, and no cooks. Like hotel owners across the country, she’s facing acute staff shortages after two […]

ISLAMABAD 27 Apri (Online): Federal cabinet has approved the appointment of Asim Ahmed as new Chairmen of Federal Board of Revenue (FBR) to replace Ashfaq Ahmed: BS-21 Officer of Inland Revenue service. Establishment devision has made notification of appointment on Wednesday. Asim Ahmed took Charge […]

FAISALABAD 27 April (ONLINE): President Faisalabad Chamber of Commerce Atif Munir Shaikh said on Wednesday that 2 extra Eid-holidays will cost $400 million for national economy. While expressing the concerns he said that long holidays will also damage the export and will become reason to […]

New York, April 27 (AFP/APP): Boeing shares were in free-fall early Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X […]

Rawalpindi (PNI) Fauji Fertilizer Company Limited (FFC) has announced its financial results for the quarter ended March 31, 2022 in its Board of Directors’ meeting held on April 27, 2022. The Company achieved net profitability of Rs 6.24 billion translating into an EPS of Rs […]

Moscow, April 27 (AFP/APP): Russia’s energy giant Gazprom said Wednesday it had stopped all gas supplies to Poland and highly dependent Bulgaria after not receiving payment in rubles from the two EU members. President Vladimir Putin last month said Russia will only accept payment for […]

WASHINGTON, April 25 (Xinhua/APP) –:The U.S. Federal Reserve’s action to raise interest rate faster than expected would lead to financial “complexities” for Asia economies, especially those with debt in foreign currency, an International Monetary Fund (IMF) official said Monday evening. “Monetary tightening in advanced economies,” […]