Companies Testing the waters?: Xiaomi electric cars seen at Karachi port Xiaomi electric cars – SU7 Max – have been spotted at Karachi port amid reports that Air Link, which manufacturers... Updated 28 Sep, 2024 11:37pm
Business & Economy Pakistan’s economy to grow at 3.2%, face 9.2% inflation, projects IMF The International Monetary Fund (IMF) has projected Pakistan’s GDP growth at 3.2% during FY25, compared to 2.4%... Updated 28 Sep, 2024 10:46pm
Business & Economy Key priorities highlighted by IMF for Pakistan’s $7bn Extended Fund Facility In a key development, the International Monetary Fund (IMF) Executive Board approved Pakistan’s 37-month Extended... Published 28 Sep, 2024 05:25pm
South Asia Tata iPhone component plant disrupted by fire, 10 given medical aid HOSUR: At least 10 people received medical treatment, with two hospitalised, after a major fire on Saturday... Updated 28 Sep, 2024 08:07pm
Commodities Gold price per tola decreases Rs700 in Pakistan Gold prices in Pakistan declined on Saturday in line with their decrease in international rates. In the local... Published 28 Sep, 2024 03:32pm
Business & Economy IMF urges Pakistan to ‘move away’ from state-led growth model, calls for structural reforms Officials note that given ambitious growth projections, there is no room for policy slippages without undermining debt sustainability Updated 28 Sep, 2024 07:32pm
Money & Banking Asian currencies: Ringgit, Thai baht at over 2-year highs BENGALURU: Asian emerging market currencies were on a roll on Friday, with the Malaysian ringgit and the Thai baht... Published 28 Sep, 2024 07:42am
Money & Banking Dollar drops after inflation data NEW YORK: The dollar weakened on Friday after a reading of US inflation indicated price pressures continue to cool,... Published 28 Sep, 2024 07:42am
Investment objective: 25 Chinese cos express interest BEIJING: As many as, 25 major Chinese investment companies have expressed their deep interest in investing heavily ... Published 28 Sep, 2024 07:30am
Industry Malaysian CG meets Zubair Motiwala KARACHI: Herman Hardynata Ahmad, Consul General of Malaysia, and Hafiz Abdul Jalil, Deputy Director, Management... Published 28 Sep, 2024 07:16am
Pakistan removes floor price for rice exports ISLAMABAD: Pakistan removed a floor price for rice exports on Friday, the country’s commerce ministry said,... Published 28 Sep, 2024 07:16am
SBP receives over $1bn first tranche of IMF loan KARACHI: Pakistan, on Friday received over $1 billion inflows as the first tranche of a long-term loan from the IMF,... Published 28 Sep, 2024 07:16am
Weekly SPI inflation up 0.05pc ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended September 26, 2024, increased by 0.05... Published 28 Sep, 2024 07:16am
Finance Division says economy indicating positive developments ISLAMABAD: Inflation has dropped to single digit and is expected to remain within the range of eight percent to nine... Published 28 Sep, 2024 07:16am
Stocks Shanghai exchange apologises for slowdown as demand soars SHANGHAI: The Shanghai Stock Exchange apologised on Friday for an “abnormal slowdown” in transactions that sent... Published 28 Sep, 2024 07:16am
Cnergyico buys Pakistan’s first Black Sea CPC Blend MOSCOW/ISLAMABAD: Pakistan’s biggest oil refiner Cnergyico said it has recently bought Black Sea CPC Blend, ... Published 28 Sep, 2024 07:16am
Minister expresses satisfaction on implementation of SME policy LAHORE: Rana Tanveer Hussain, Federal Minister Industries and Production chaired the 12th Meeting of National... Published 28 Sep, 2024 07:16am
World Bank official, Ahsan discuss economic measures ISLAMABAD: Najy Benhassine, the country director of World Bank called on Minister for Planning, Development and... Published 28 Sep, 2024 07:16am
President UBG appreciates approval of $7bn package by IMF KARACHI: Zubair Tufail, President of the United Business Group (UBG), has described the approval of a $7 billion... Published 28 Sep, 2024 07:16am
Industry PHMA elects office-bearers KARACHI: Muhammad Babar Khan, Abdul Hameed and Faisal Arshad Shaikh have been elected unopposed as Central Chairman,... Published 28 Sep, 2024 07:16am
Industry PDWP approves feasibility study for fish market LAHORE: The Provincial Development Working Party (PDWP) of Punjab for the financial year 2024-25 on Friday approved... Published 28 Sep, 2024 07:16am
Industry Multan Chamber announces unofficial results LAHORE: The Multan Chamber of Commerce and Industry have announced the unofficial results of its 2024-26 elections.... Published 28 Sep, 2024 07:16am
Industry Punjab govt dedicates 100 acres of land for shrimp farming LAHORE: The Punjab government has dedicated 100 acres of land for shrimp farming in the first phase with an... Published 28 Sep, 2024 07:16am
Industry Mian Abuzar elected LCCI President LAHORE: Mian Abuzar Shad, Engr. Khalid Usman and Shahid Nazir Chaudhry were elected as President, Senior Vice... Published 28 Sep, 2024 07:16am
Industry Hazar Khan made PHMA senior vice chairman FAISALABAD: Hazar Khan elected unopposed as Senior Vice Chairman of Pakistan Hosiery Manufacturers and Exporters... Published 28 Sep, 2024 07:16am
Cement co found involved in massive tax fraud KARACHI: A top cement company is involved in a huge tax fraud scheme amounting to over Rs. 11 billion through a ... Published 28 Sep, 2024 07:16am
FPCCI President highlights difficulties in filing income tax returns KARACHI: Atif Ikram Sheikh, President FPCCI, has highlighted the technical difficulties and delays in filing income... Published 28 Sep, 2024 07:16am
Karachi: Sindh CM announces Rs200bn development plan KARACHI: Sindh Chief Minister Syed Murad Ali Shah announced an extensive development plan of Rs200bn for Karachi.... Published 28 Sep, 2024 07:16am
There’s need to increase exports by boosting seaports, shipping services: minister ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that there is a need to... Updated 28 Sep, 2024 07:36am