BUSINESS

Exports to the area grow by 23% in 3 quarters

Exports to the area grow by 23% in 3 quarters

ISLAMABAD: Pakistan’s exports to the seven regional nations increased by 23.50 percent in the first three quarters of fiscal year…
Oil prices continue to fall as Shanghai’s lockdowns raise demand anxieties.

Oil prices continue to fall as Shanghai’s lockdowns raise demand anxieties.

LONDON (Reuters) – Last week, oil prices fell to near two-week lows, extending last week’s loss. There were more fears…
Experts urge for comprehensive economic reform approach

Experts urge for comprehensive economic reform approach

ISLAMABAD: Comprehensive economic reform should be the new coalition government’s first priority, former finance minister Dr Hafeez A. Pasha said…
IT exports went up 29% to $1.94bn in the first three months of the year.

IT exports went up 29% to $1.94bn in the first three months of the year.

From July to March of FY22, remittances from IT exports like telecommunications, computers, and information services rose by 29.26 percent.…
Pakistan’s Capacity for Annual Automobile Production Will Increase to 300,000 This Year.

Pakistan’s Capacity for Annual Automobile Production Will Increase to 300,000 This Year.

Despite COVID-19, automakers assembled 215,776 cars, jeeps, SUVs, and LCVs in 2021, the CEO of the Engineering Development Board (EDB)…
An analyst increases Ukraine’s grain harvest and export predictions for 2022/2023.

An analyst increases Ukraine’s grain harvest and export predictions for 2022/2023.

KYIV (Reuters) – Analyst APK-Inform upped its projections for Ukraine’s grain output and exports in 2022/23 on Saturday, citing a…
Elon Musk claims to have approached Bill Gates over Tesla shorting.

Elon Musk claims to have approached Bill Gates over Tesla shorting.

Tesla CEO Elon Musk confirmed in a tweet on Friday that he asked Gates whether he was shorting the electric…
Russia banned Kamala Harris and Mark Zuckerberg from entering the country.

Russia banned Kamala Harris and Mark Zuckerberg from entering the country.

In retaliation, Russia imposed travel bans on US Vice President Kamala Harris, Facebook CEO Mark Zuckerberg, and dozens of other…
Asian stocks fall as a result of the Fed’s aggressive tightening stance.

Asian stocks fall as a result of the Fed’s aggressive tightening stance.

On Friday, Asian stocks were down because investors were worried about the US Federal Reserve’s plans to raise interest rates…
He says Ukraine needs $7 billion a month to make up for the money it lost because of the invasion.

He says Ukraine needs $7 billion a month to make up for the money it lost because of the invasion.

WASHINGTON. Ukraine President Volodymyr Zelenskiy said on Thursday that his country needs $7 billion a month to make up for…
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