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Low horsepower tractors hurt agriculture
LAHORE: A widespread issue across Pakistan’s agriculture sector is the locally built low-powered tractors, revealed a report…
Toshiba accepts $15.2b buyout proposal
TOKYO: Toshiba Corp’s board accepted a $15.2 billion buyout offer from a group led by private equity firm Japan Industrial…
Pakistan’s cotton yield 50% lower than region
ISLAMABAD:
Pakistan is facing a sharp decline in cotton production as its per-acre yield has contracted to just half of the…
Banks jack up lending rate for govt to record high
KARACHI: The cost of running the crisis-hit economy has spiked as commercial banks have jacked up the price of lending to the…
IMF shrugs off ECP’s funds blockage claim
ISLAMABAD: The International Monetary Fund (IMF) on Thursday rejected Pakistan’s claim that its programme conditions were one of…
‘Strong IPR system required for economic growth’
KARACHI: Karachi business leaders are advocating for a strong intellectual property rights (IPR) system in Pakistan, supported by…
REER depreciates to 86.4 in Feb despite free market exchange rate
KARACHI: Pakistan’s currency has hit an all-time low against a basket of currencies of trading partner countries, falling to 84.6…
Industries suffering amid raw material shortage
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday urged the government to formulate a policy on the import of…
HBFC barred from risky borrowing
ISLAMABAD: The Privatisation Commission (PC) board on Tuesday barred the management of House Building Finance Company (HBFC) from…
Tax incentives demanded
LAHORE: Pakistan’s women entrepreneurs have unanimously called for a separate entrepreneurship policy for women in the country.…