Business

Business

Russian sanctions threaten European commerce

As the European Union’s second biggest apple producer, Poland has some 700,000 tonnes of the fruit it usually sells to…

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Businessmen community against call for civil disobedience

The call for civil disobedience by Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan has sparked anger amongst the business community. The…

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IMF rises growth forecast for Pakistan

The International Monetary Fund (IMF) endorsed economic policies of the government on Monday and revised Pakistan’s GDP growth for this…

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Karachi seen as major hub for transit trade

Experts convened at a seminar yesterday shared a unanimous perspective on Karachi's potential to evolve into a significant hub for…

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FDI plunges by 80pc in July

Foreign direct investment (FDI) fell sharply in the first month of this fiscal year, indicating that the government has failed…

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IMF urges State Bank autonomy/resolution of political crisis

A unilateral statement released by the International Monetary Fund after the end of the fourth review of the $6.8 billion…

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Disbursement of $550m IMF tranche likely next month

With two more waivers for non-compliance, the government and the International Monetary Fund (IMF) are reported to have completed the…

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KP Govt. allocated Rs8.6bn for six power projects in Chitral

The Khyber Pakhtunkhwa government has allocated Rs8.6 billion for construction of six medium sized hydropower projects in Chitral, having 527…

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Banks invest 83pc of liquid assets in T-bills

Despite a better credit off-take by the private sector, banks did not change their strategy to maximise their investment in…

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