Business

China extends $2bn loan repayment by Pakistan for one year

China extends $2bn loan repayment by Pakistan for one year

BEIJING: China has once again extended financial relief to Pakistan by extending the repayment period of a $2 billion loan…
Pakistan opposes IMF’s carbon levy proposal

Pakistan opposes IMF’s carbon levy proposal

ISLAMABAD: Pakistan has opposed a proposal made by the International Monetary Fund (IMF) seeking imposition of carbon levy on petroleum…
SPI inflation dips by 0.09pc in Pakistan

SPI inflation dips by 0.09pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.09 percent for the combined consumption groups…
Sri Lanka clinches deal with Japan to restructure $2.5 billion in debt

Sri Lanka clinches deal with Japan to restructure $2.5 billion in debt

COLOMBO: Sri Lanka and Japan signed agreements on Friday to restructure $2.5 billion worth of debt, completing two years of…
China announces retaliatory tariffs on some Canada farm, food products

China announces retaliatory tariffs on some Canada farm, food products

BEIJING: China announced tariffs on Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October on…
IHC halts purchase of TRG Pakistan shares by Greentree Limited

IHC halts purchase of TRG Pakistan shares by Greentree Limited

ISLAMABAD: The Honorable Islamabad High Court declined to lift its the stay on Greentree Holdings Limited and its advisor AKD…
Global coffee trade grinding to a halt

Global coffee trade grinding to a halt

Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a…
Gold price in Pakistan sees drop

Gold price in Pakistan sees drop

KARACHI: The price of gold in Pakistan witnessed a dip on Saturday, reflecting global market trends.  In the local market,…
No relief on power bills as IMF rejects Pakistan’s proposal

No relief on power bills as IMF rejects Pakistan’s proposal

The International Monetary Fund (IMF) has turned down Pakistan’s proposal to abolish General Sales Tax (GST) on electricity bills in…
Inflation drops with vegetable prices falling: Another fake news

Inflation drops with vegetable prices falling: Another fake news

ISLAMABAD: The Federal Bureau of Statistics reported a decline in inflation during the first week of Ramadan, attributing the decrease…
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