Chinese, Pakistani officials discuss luggage industry cooperation
BEIJING: Chinese and Pakistani sides conducted in-depth discussions on trade and investment cooperation in luggage and other key industries in Ruian City and reached a consensus on accelerating bilateral cooperation. In this regard, representatives f...
IMF seeks Pakistan’s credible assurance on external financing for loan revival
Karachi: International Monetary Fund (IMF)’s resident representative warned that Pakistan faces daunting task of providing credible assurances that its balance of payment deficit was financed for remainder of multilateral lender’s loan pr...
18th My Karachi Exhibition concludes, presents Rs5m cheque for earthquake affectees in Türkiye
KARACHI: 18th My Karachi- Oasis of Harmony International Exhibition concluded at Expo Centre with presentation of cheque worth Rs 5 million to support affectees of devastating earthquake in Türkiye, which was presented by leadership of Businessm...
Murad says appearing in court for crime of providing 100MW power to city
KARACHI: Sindh Chief Minister Syed Murad Ali Shah said that after every two weeks, he has to appear before NAB court in Islamabad for crime he has committed to providing 100 MW of electricity from Nooriabad Power Plant to Karachi. This is how he has...
Moody’s downgrades five Pakistani banks
Karachi: Moody's Investors Service downgraded long-term deposit ratings of five Pakistani banks to Caa3 from Caa1. Banks are Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and United Bank...
Pakistan is not going to default: Dar
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar said that there was no chance of default despite fact that country was passing through precarious situation. “Pakistan has not defaulted nor would it default. Yes we were at precario...
SECP proposes Shariah Governance Regulations 2023
Islamabad: As part of its agenda to promote Islamic financial markets in Pakistan, Securities and Exchange Commission of Pakistan (SECP) issued draft Shariah Governance Regulations 2023, primarily to remove bottlenecks in product development and simp...
KE’s improved efficiency after privatization, example for power companies: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said Karachi Electric after privatisation witnessed an improvement in efficiency including reduced line losses and increased revenue collection, which was an example for other power companies. In meeting with...
Meta with PTA, TDAP to raise awareness on e-commerce scams
Karachi: Meta with Pakistan Telecommunication Authority (PTA) and Trade Development Authority of Pakistan (TDAP) will raise awareness about e-commerce scams and share tips on how to stay safe online. Pakistani content creators like Romaisa Khan and B...
PM package adds Rs115/kg to ghee on Utility Stores
ISLAMABAD: Allied government offered another inflation gift to inflation oppressed people under Prime Minister Package on Utility Stores will increase Rs 115 per kilogram on ghee price. Subsidised ghee price went up from Rs 375 to Rs 490 on Utility S...
