The rich and the confident
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The rich and the confident

In his 1926 short story The Rich Boy, American novelist F. Scott Fitzgerald wrote: “Let…

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Power sector circular debt gives LCCI the creeps
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Power sector circular debt gives LCCI the creeps

Power sector circular debt gives LCCI the creeps LAHORE – The Lahore Chamber of Commerce…

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Adiós!
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Adiós!

LONDON: World stocks fell sharply, the euro hit a 12-year low versus the yen and…

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Why so Moody?
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Why so Moody?

LIMASSOL: Moody’s Investors Service has downgraded the local-currency deposit ratings of the top five Pakistani…

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The good that Ramadan does to economy
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The good that Ramadan does to economy

For Muslims, Ramadan means a break from the everyday. Along with the fasting, prayer and…

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Another feather in SBP’s cap
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Another feather in SBP’s cap

KARACHI – The cash-strapped federal government has increased its budgetary reliance on the central bank…

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Our economy needs glucose
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Our economy needs glucose

KARACHI: Energy efficiency is the key element for global competitiveness. This was stated by the…

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Rs 41bn approved for Diamer Bhasha Dam affectees
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Rs 41bn approved for Diamer Bhasha Dam affectees

ISLAMABAD: The federal government on Thursday approved Rs 41 billion as compensation for the effectees…

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Country seeing lowest growth for last 5 years
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Country seeing lowest growth for last 5 years

LAHORE: Energy shortage has been one of the major factors that has caused Pakistan’s economy…

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Oops!
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Oops!

KARACHI – The outgoing financial year 2011-12 saw the country’s external account failing to repeat…

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255 traders’ associations support sit-in plan in Karachi on June 26
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255 traders’ associations support sit-in plan in Karachi on June 26

KARACHI: As many as 255 traders’ associations and market associations of Karachi have announced the…

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Pakistan’s economic performance is notable despite challenges: SBP
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Pakistan’s economic performance is notable despite challenges: SBP

KARACHI: State Bank of Pakistan (SBP) has said that the economic growth of 3.7 percent…

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Korea to send high-level technical team soon
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Korea to send high-level technical team soon

ISLAMABAD: Korea is desirous to develop strategic economic development relations with Pakistan and in order…

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Sindh produces around 0.4m tonnes mangoes
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Sindh produces around 0.4m tonnes mangoes

KARACHI: Sindh produces nearly 400,000 tonnes mangoes annually, and around 40 percent of the total…

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