Business
Business
Imported LNG may help save billions: Petroleum Minister
Terming it a game changer, the government and the All Pakistan CNG Association (APCNGA) say that the use of liquefied…
FDI falls by 37% in July-Aug as compared to same period last year
Foreign direct investment in the first two months of this fiscal year fell by 37 per cent, to $87 million…
South Africa launches support package for state owned power supplier
The South African government yesterday announced a wide-ranging support package for troubled state-owned power supplier Eskom, that will see it…
India’s central bank governor says that “investment growth need to pick up”
The Reserve Bank of India Governor Raghuram Rajan said India's macroeconomic indicators are improving and inflation has been coming down…
Roche commences trial for eye drug lampalizumab
Swiss drugmaker Roche said today that it had started late-stage trials for its experimental drug lampalizumab as a treatment for…
China 3-year and 5-year local govt bonds auctioned at 4.14, 4.15pc
China's finance ministry auctioned 32.6 billion yuan ($5.31 billion) of three- and five- year bonds on behalf of six local…
Kenya central bank says in the market to mop up 20bn shillings to control excess liquidity
Kenya's central bank said on Monday it was seeking to mop up 20 billion shillings ($224.77 million) of excess liquidity…
$7bn debt servicing a challenge to economy
External debt servicing rose to an alarmingly high level as it reached close to $7 billion in FY14 which is…
ADB extends support to deal with natural disasters
The Asian Development Bank (ADB) yesterday offered its expertise to Pakistan to deal with natural calamities. During a meeting with…