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Category: Business

WB announces $500m to fight locusts, preserve food security

TLTP ISLAMABAD The World Bank Group has approved a US $500 million program to help countries in Africa and the Middle East fight the locust swarms that are threatening...

China’s Covid-19 experience offers valuable lessons: IMF

TLTP ISLAMABAD China was the first to take very strong actions and is the first to be exiting the Covid-19 crisis, so there are a lot of valuable lessons to be learned...

Japan lifted ban on import of animal casing from Pakistan

DNA TOKYO Following recent successes in removal of restrictions from import of rose petals and easing of inspection regime for mangoes from Pakistan, the Japanese...

Coronavirus to shrink India’s economy in 2020-21: RBI

TLTP ISLAMABAD The Reserve Bank of India (RBI) Friday slashed its growth forecast for this financial year and warned of inflation uncertainties as the country’s...

UK’s easyJet to resume flights from mid-June

after the lockdowns TLTP ISLAMABAD British low-cost airline easyJet has announced that it will resume flights on June 15, with initial schedule being expected to...

EPC chief terms “pay with crypto” a marketing gimmick

alternative TLTP ISLAMABAD Crypto-enthusiasts hail bitcoin as an alternative to fiat currency; however, it is not doing what it is designed to do, as nothing can be...

Japan’s exports in April see steepest drop in 10 years

ISLAMABAD: Japan’s exports witnessed the steepest drop in April in more than 10 years as the coronavirus pandemic saw overseas demand slump amid global business...

Pakistan going through a serious economic crisis: Zahid

Karachi: FPCCI’s Businessmen Panel SVP President Pakistan Businessmen and Intellectuals Forum and former provincial minister Mian Zahid Hussain on Friday said...

KSE 100 sheds 96 points ahead of Eid holidays

Benchm­ark index drops 0.28% to settle at 33,836.61 TLTP KARACHI Pakistan Stock Exchange witnessed bearish trend on Thursday and the KSE-100 index shed 96 points (-0.28...

BOK earns Rs548m PAT for 1st quarter ended March 31st 2020

our correspondent islamabad The Bank of Khyber (BOK) posted Rs.548 million profit after tax (PAT) for the 1st quarter ended March 31st 2020. This was informed during...