Business
Revenue shortfalls drive Pakistan’s existing debt burden: IMF
February 21, 2025
Revenue shortfalls drive Pakistan’s existing debt burden: IMF
ISLAMABAD: International Monetary Fund (IMF) Resident Chief in Pakistan Mahir Binici has linked Pakistan’s existing economic challenges due to debt…
Rs20 subsidy to be given on per kg sugar at Ramazan stalls
February 21, 2025
Rs20 subsidy to be given on per kg sugar at Ramazan stalls
ISLAMABAD: The Ministry for Industries and Production, in collaboration with provincial governments, has announced subsidised price of Rs130 per kilogram…
Pakistan’s total liquid foreign reserves stand at 15.95bn dollars
February 21, 2025
Pakistan’s total liquid foreign reserves stand at 15.95bn dollars
KARACHI: The total liquid foreign reserves of Pakistan stood at $15,947.9 million as of February 14 while the reserves held…
Large industries’ production falls further by 1.87% year-on-year
February 21, 2025
Large industries’ production falls further by 1.87% year-on-year
A semi-annual report on major industries’ production and performance for July to December has been released by the Ministry of…
Pakistani startup wins first prize at Riyadh tech moot
February 21, 2025
Pakistani startup wins first prize at Riyadh tech moot
ISLAMABAD: Pakistani education fintech startup EduFi bagged first place at an international competition held recently during the four-day LEAP 2025…
Dollar hits year-to-date lows as bulls get nervous
February 21, 2025
Dollar hits year-to-date lows as bulls get nervous
SINGAPORE: The yen shot to a 2-1/2 month high on Friday on the back of a jump in Japanese inflation,…
Oil extends gains on strong US demand hopes, Russia supply concerns
February 21, 2025
Oil extends gains on strong US demand hopes, Russia supply concerns
TOKYO: Oil prices extended gains on Friday, headed for a weekly increase, as falling inventories of US gasoline and distillate…
Trump seeks to reshape Asia’s energy supplies with US gas
February 21, 2025
Trump seeks to reshape Asia’s energy supplies with US gas
TOKYO/WASHINGTON: When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how…
Development of industry, agriculture among govt’s top priorities: PM Shehbaz
February 19, 2025
Development of industry, agriculture among govt’s top priorities: PM Shehbaz
ISLAMABAD: Prime Minister Shehbaz Sharif said that the development of industry, agriculture, IT, along with the provision of employment and…
Pakistan offers over 70 offshore, onshore blocks to foreign investors for oil, gas exploration
February 19, 2025
Pakistan offers over 70 offshore, onshore blocks to foreign investors for oil, gas exploration
ISLAMABAD: Petroleum Minister Musadik Malik on Tuesday said that Pakistan was offering foreign investors 40 offshore and 31 onshore blocks…