Business
The central bank is expected to cut its key policy rate by 50 basis points at its upcoming meeting, a Reuters poll showed, as easing inflation, improving foreign exchange buffers and a stabilising rupee bolster the case for further moneta
Business
KARACHI: Sindh Chief Minister Murad Ali Shah on Friday approved a comprehensive package worth Rs21.53 billion, including a Rs13bn grant-in-aid for rehabilitating and improving Town Municipal Corporationsâ (TMCs) road infrastructure in Karachi.
Business
TikTok announced on Thursday that it has established a majority American-owned joint venture to operate its US business, allowing t
Business
Gold notched another record high on Friday, while silver and platinum also extended gains to hit all-time peaks, powered by diminishing confidence in US assets on account of geopolitical tensions and economic uncertainty. On Jan 1, the 10-g
Business
KARACHI: The Asian Development Bank (ADB) has reaffirmed its intent to align as a development partner with the government and identified Karachi-Rohri rail corridor as the priority project. A 10-member high-level Reconnaissance Mission of
Business
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Business
ISLAMABAD: PakisÂtanâs journey towards a trillion-dollar economy is only possible through alignment of policy, capital industry, and institutions, said Minister for Board of Investment Qaiser Ahmed Sheikh, pointing out that fragmented progress can
Business
ISLAMABAD: PakisÂtan is seeking Australian expertise to establish foot-and-mouth disease (FMD)-free zones and improve animal weight and yield to ensure profitability for farmers. Food Security Minister Rana Tanveer Hussain met Australian H
Business
⢠Ruling covers 62 models across Apple, Samsung, Google Pixel, OnePlus ⢠iPhones see steepest cuts ⢠Values apply regardless of condition; accessories not included ⢠Phones must be activated six months before import ISLA
Business
Zarea Limited has signed a Memorandum of Understanding (MoU) with Wang Chuang Xi Jun Chang Agri Ltd, a Chinese agri-platform, to explore advanced agricultural solutions in Pakistan, according to the companyâs notification to the Pakistan Stock Exc
Business
Telenor said on Thursday it would sell its 30.3 per cent stake in Thailandâs True Corporation for $3.92 billion, its second divestment from Asia in recent months, lifting the Norwegian groupâs shares 8 pc. Telenor said it had signed an agre
Business
Nestle on Thursday announced that it would invest an additional $60 million in Pakistan and would also âundertake a robust expansion of its operations in the countryâ. The development came as Finance Minister Muhammad Aurangzeb met Remy Eje
Business
Oil prices slipped on Thursday after gaining in previous sessions, as investors assessed the supply and demand outlook, while a report showing a rise in US crude and gasoline stocks last week weighed on prices. Brent crude was down 28 cents
Business
The Directorate General of Customs Valuation has revised the determination of customs values for old and used mobile phones, particularly those imported in commercial quantities without packaging and accessories, as per a ruling dated January 16.<
Business
ISLAMABAD: Fitch Ratings, one of the worldâs top three agencies, on Wednesday affirmed Pakistanâs long-term debt ratings at âB-â (B-negative), which it had upgraded in April last year, and assigned a