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Chinese stock listings in Europe face hurdle
SHANGHAI/ SINGAPORE: China’s ambitious plan to get its companies listed in London and Zurich stock markets needs fine-tuning,…
Travel industry struggles as airlines relocate transaction operations
KARACHI: Foreign exchange policies in Pakistan have left the country’s travel industry struggling to keep up with the demands of…
ICBC re-routes $1 billion loan
ISLAMABAD: Industrial and Commercial Bank of China (ICBC) has not directly given a $1.3 billion loan due to Pakistan’s highly…
The IMF is having difficulty finding trustworthy partners.
KARACHI: The International Monetary Fund (IMF) is facing a challenging question regarding whom to trust in Pakistan to revive its…
NEPRA cuts tariff by less than one paisa
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified a tariff reduction of less than Re1 per unit on…
Govt goes ahead with petrol subsidy schemeGovt goes ahead with petrol…
ISLAMABAD: Contrary to the assurance given to the International Monetary Fund (IMF) of shelving the petrol subsidy scheme, the…
Pakistani Rupee thrashes US Dollar in interbank amid IMF hopes
Pakistani Rupee continued its upward trend against the US Dollar in the interbank trading at the closing time of the Tuesday.…
Ministry releases Rs129b for development projects
ISLAMABAD: Despite financial constraints and disruptions caused by floods last year, the Ministry of Planning has released Rs129…
UAE confirms to IMF $1bn bilateral support for Pakistan: Dar
ISLAMABAD: Finance Minister Ishaq Dar on Friday announced that the United Arab Emirates (UAE) had confirmed to the International…
Gaming industry revenue to cross $200m in 2023
KARACHI: Pakistan’s gaming industry is on the rise, but it has yet to reach its full potential, according to industry experts.…