Non-performing loans are the least of banks’ concern, or are they?
KARACHI: The total non-performing loans in Pakistan stood at Rs91 billion during the first nine months of 2020, as compared to Rs78 billion during...
Covid-19: From Fear to Hope and Health
By Farheen Zaidi
Realizing the fact that Covid has resurged with positivity rate going back to as high as 7pc among daily tests conducted in...
Lahore markets, shops may close by 6pm as Covid cases rise
LAHORE:Â Markets and shops in Lahore are likely to be closed by 6:00pm, as the Punjab government has made a decision in this regard.
The provincial...
Pakistan, China agree to expedite work on ML-1 project
ISLAMABAD: Pakistan and China have agreed to accelerate efforts for early execution of Karachi-Peshawar Main Line-1 (ML-1) project.
The understanding came at a meeting between...
Naeem Bokhari appointed as PTV board chairman
Renowned anchorperson and lawyer Shahzada Naeem Bokhari has been appointed as an independent director and chairperson of the Pakistan Television Corporation's (PTV) Board, according...
Provinces directed to keep check on food prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has directed the provincial governments as well as other concerned authorities...
Shares sink below 40,000 mark on weak investor sentiment
KARACHI: The Pakistan Stock Exchange (PSX) took a beating on the first trading session of the week, with the indices heading south right from...
Mobile phone imports increase 43.6pc in 4MFY21
ISLAMABAD: The import of mobile phones witnessed an increase of 43.6 per cent during the first four months (July-Oct) of the current financial year...
NHA working to extend road network in Balochistan
ISLAMABAD: The National Highway Authority (NHA) has been working to modernise, upgrade and expand the nationalised road infrastructure in Balochistan for bringing the province...
Oil prices extend gains on COVID vaccine hopes, OPEC+
SINGAPORE: Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were...
SBP keeps policy rate unchanged at 7pc
KARACHI: The State Bank of Pakistan kept the main policy rate unchanged at 7 per cent, a statement by the central bank said on Monday.
In...
UK, Canada sign post-Brexit rollover trade deal
TORONTO/ LONDON: Britain and Canada struck a rollover trade deal on Saturday to protect the flow of $27 billion worth of goods and services...
Pakistan improves rank on border index due to TFA implementation
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Sunday that the World Trade Organisation’s (WTO) Trade Facilitation Agreement...
Investors rush to buy equities
LONDON: Investors stormed into riskier assets last week, pumping $27 billion into equity funds as positive Covid-19 vaccine updates led to euphoric buying of...
‘Fisheries development can enhance exports’
LAHORE: Pakistan can make a quantum leap in export promotion of the country by upgrading its marine fisheries sector in collaboration with China.
Pak-China Joint...