Meiryum Ali

FEATURED

The power generation company wants to use a long-dormant plant on the city’s coastline, extending its business into water supply

FEATURED

Fauji Foods has been struggling almost since it was bought by the group, and a turnaround strategy risks further magnifying the parent company’s financial risks

FEATURED

Its recently listed BPO subsidiary and healthcare subsidiaries have helped the company’s topline

NATIONAL

KARACHI: Remittances rose to $2.77 billion in July, which is the highest ever level of remittances in a single month in Pakistan, according to data released by the State Bank of Pakistan (SBP) on Mo

NATIONAL

--This is the fifth rate cut since coronavirus pandemic hit global economy, with total reduction being 625bps in last 100 days KARACHI: The State Bank of Pakistan (SBP), in a meeting of t

NATIONAL

KARACHI: An increase in the time span of measures taken to curtail the Covid-19 pandemic spread in Pakistan will severely impact the economy, the State Bank of Pakistan (SBP) said in a recently releas

NATIONAL

--Global recession due to Covid-19 is the worst since WW-II KARACHI: Pakistan’s output is expected to contract 2.6pc in fiscal year 2019/20, and 0.2pc in fiscal year 2020/2, according t

NATIONAL

--SBP says virus has created ‘unique’ challenges for a monetary policy due to its non-economic origin--MPC says inflation could fall further than expected if economic activity fails to pic

NATIONAL

--Central bank says cumulative easing will cushion growth slowdown while protecting inflation expectations  KARACHI: The State Bank of Pakistan (SBP) has decided to cut the coun

--Bank announces $5bn scheme to combat coronavirus KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced it would cut the policy rate by 75 basis points, from 13.25 per cent to 1

NATIONAL

--Highest recorded inflation since PTI took office in August 2018--Analysts say inflationary pressure will ease in few months KARACHI: The inflation rate has jumped up 14.56 per cent