Business

Business

Changes likely in gas allocation policy

The government is considering reallocating about 1.2 billion cubic feet per day (BCFD) of the fuel through wide-ranging changes in…

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Cattle rates drop after flood alert

Rates in cattle markets of Sher Shah, Kot Addu and Chowk Munda yesterday  registered a sharp decline after a number…

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Turmoil may disrupt IMF disbursement

KARACHI: Moody’s, the credit rating agency, said in a report on Friday that Pakistan’s political turmoil could disrupt its relations…

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Britain eases rules for foreign bank branches

LONDON: Foreign banks can operate as branches in Britain but only if they hold minimal deposits and meet other safeguards…

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Stand-off hampers economic growth

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) believes that ongoing political stand-off in Islamabad and terrorist attack…

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KSE ends week on low note

KARACHI: The strong rally built up over the week took a pause on Friday when the KSE-100 index settled lower…

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Ethiopia is the new low cost home for manufacturing garments

ADDIS ABABA: As basic wages soar in China, low-end manufacturing is starting to shift to cheaper locations around the world,…

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Good governance remains a key concern in Asia and the Pacific region: ADB Report

Despite remarkable economic growth, governance remains a concern in Asia and the Pacific. The rapid growth has lifted millions out…

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Saudi Arabia softens labour reform with new hours, subsidies

Saudi Arabia is changing tack in its labour reforms, softening the blow to companies with money for subsidies and training…

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