BUSINESS
Remittances jump 27% to $2.65 billion in August
KARACHI: The inflow of workers’ remittances into Pakistan increased by 27% — which is a decade-high growth rate for the...
MSCI to downgrade PSX from Emerging Markets to Frontier Markets
NEW YORK: In line with market expectations, the Morgan Stanley Capital International (MSCI) announced that it will reclassify the MSCI...
Govt scales back Kamyab Pakistan Programme after IMF’s objections
ISLAMABAD: The federal government has scaled back the Kamyab Pakistan Programme (KPP) in view of the objections raised by the...
PM Imran Khan confident FBR can ‘comfortably’ achieve annual tax target
ISLAMABAD: Prime Minister Imran Khan is confident that the Federal Board of Revenue (FBR) can "comfortably" collect its annual tax...
PM Imran Khan welcomes foreign investment worth $85m in Pakistani start-up Airlift
ISLAMABAD: Prime Minister Imran Khan welcomed on Friday a recent investment worth $85 million by the world’s leading Venture Capitals (VCs)...
Afghan reserves in US won’t be accessible to Taliban: official
WASHINGTON: A US administration official Monday said that the Taliban will be denied access to any Afghan reserves held in...
Pak-Afghan border at Chaman reopened
ISLAMABAD: Pak-Afghan border crossing at Chaman has been reopened for pedestrian traffic and trade activities on Wednesday after remaining closed...
Record cryptocurrency heist valued at $600 mn
SAN FRANCISCO: A firm specializing in transferring cryptocurrency said Tuesday that hackers cracked its security, making off with a record-setting...
Pakistan reports 47% growth in IT exports
Pakistan has recorded a whopping 47% increase in the country’s IT exports between July 2020 and May 2021. According to...
Pakistan’s Saffran group lands US$ 3.2 million IT contract with Japanese company
Pakistan’s Saffran Group is said to have inked an IT contract worth up to US$ 3.2 million with a Japanese...
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