Tuesday, September 27, 2022

Business

PRGMEA elects new office-bearers

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has elected Mubashar Naseer Butt as its new central chairman, Amir Lakhani as senior vice...

A governance at loss

LAHORE: Pakistan is annually taking a hit of around $12 billion as a result of bad governance-led power transmission losses, gas leakages because of...

Sri Lanka aims to have $2.9 billion IMF loan finalised in December

LONDON: Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end, officials from the country's central bank told...

USF Board green-lights 10 mobile broadband, OFC projects

Islamabad: The Universal Service Fund (USF) Board approved the award of 10 contracts worth around Rs21 billion for the unserved and underserved communities of...

SBP warns against scams

KARACHI: The State Bank of Pakistan has advised the public not to share their personal credentials or banking information on telephonic or WhatsApp...

Gold falls Rs3,750/tola

KARACHI: Gold prices in the local market dropped by Rs3,750 per tola on Saturday. According to data released by All Sindh Saraf Jewelers Association, gold...

Salt makers announce strike

KARACHI: The Salt Manufacturers Association of Pakistan (SMAP) has announced to go on a strike against an increase in salt prices by the Pakistan...

Investors wonder when vicious sell-off in US stocks will end

NEW YORK: A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain ahead. Wall Street banks...

Inflation, spending cuts undermine Biden’s hunger policy

CHICAGO: Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago's North Side in August. Throughout the Covid-19 pandemic, she...

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