Global trade finance gap widened to $1.7tn in 2020: ADB
MANILA: The global trade finance gap grew to an all-time high of $1.7 trillion in 2020, a 15 percent increase from two years earlier, as...
News Agency
SECP simplifies onboarding framework for AMC, PFM investors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has specified a swift and simplified onboarding framework for customers of the asset management companies (AMCs)...
Textile policy approval hits snag
ECC approves gas provision to Pak Arab, FFBL to meet urea demand, Rs2 billion for PSEB to promote IT exports. ISLAMABAD: The draft of textile...
PSX gains 53 points in volatile session as volumes return
KARACHI: The Pakistan Stock Exchange (PSX) snapped the losing streak, albeit with a thin margin, on Tuesday amid the return of volumes in a volatile...
SBP eases conditions for renewable energy solution providers
KARACHI: The State Bank of Pakistan (SBP) has eased the conditions for renewable energy solution providers under its Refinance Scheme for Renewable Energy. According to...
Global debt may reach 260pc of world GDP by end of 2021
NEW YORK: Skyrocketing debt brought about by the Covid-19 pandemic could reach 260% of global GDP by the end of 2021, but according to S&P...
‘Pakistan joins global club to mitigate highly climate-potent methane gas’
Pakistan is among the 24 new signatories to the Global Methane Pledge first announced by the United States and EU in September with the aim...
Russia decides to increase rice imports from Pakistan
Several countries including Russia, China, Japan and Australia have lifted import ban from Pakistan and issuing online confirmation certificates to the Pakistani exporters. ISLAMABAD: The...
CPEC power project in Sindh making steady progress: Chinese Ambassador
Two more coal-fired power plants named Engro Thar Block II power plant and Thal Nova are also being developed in Thar Block II. ISLAMABAD: Chinese...