PBA encourages banks to finance housing sector despite ‘unresolved issues’

KARACHI: Pakistan Banks Association (PBA), a business lobbying group, has given its support for housing and construction finance by banks, according to...

Lack of border facilities hampering Pak-Afghan trade

PESHAWAR: Pakistan is gradually losing its trade share in Afghanistan, mainly because of administrative issues related to commerce, consignment handling facilities and...

Pakistan gives go-ahead to Phase 3 Covid-19 vaccine trial

ISLAMABAD: Pakistan’s drug regulator greenlit the country’s first Phase 3 clinical trial for a potential Covid-19 vaccine, which is being developed by...

Pakistan-born astrophysicist named dean of MIT School of Science

Pakistan-born quantum astrophysicist Nergis Mavalvala has been named the new dean of the MIT School of Science, one of the five schools...

Gold price rises Rs2,900 to Rs122,300 per tola

ISLAMABAD: The price of 24-karat gold increased by Rs2,900 on Tuesday and was traded at Rs122,300, as against its previous close at...

Zoom opens new data centre in Singapore

SINGAPORE: Zoom Video Communications has opened a new data centre in Singapore, its first in Southeast Asia, it said on Tuesday. Use of...

ADB report on coronavirus containment predicts 2.3m job losses, unemployment rate to double since 2019 in Pakistan

Asian Development Bank (ADB) in its latest report titled “Tackling the COVID-19 Youth Employment Crisis in Asia and the Pacific” said that...

Govt recalls achievements on second birthday

ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) government entered into its third year, Adviser to the Prime Minister on Finance Abdul Hafeez Sheikh...

‘Government will unveil power sector reform plan in three weeks’

ISLAMABAD: Federal Minister for Energy Omar Ayub Khan said on Monday that the government would announce full details of the savings in...

Demand for volume makes Southeast Asia susceptible to ad fraud: AppsFlyer

Due to its high mobile penetration rate, improvements to connectivity quality, and expansion of e-payment methods vis-a-vis a booming Fintech industry, the...

The worst in terms of financial turmoil is behind us: SBP Governor

ISLAMABAD: In a recent interview with Marco Hive, State Bank of Pakistan Governor Reza Baqir said that Pakistan’s economy is facing multiple...

Finance advisor considers Fitch Ratings a testament to govt’s efficient financial management

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Hafeez Shaikh tweeted on Monday saying that Fitch Ratings affirmation of Pakistan’s long-term...

Only 37pc of eCommerce professionals optimise product detail pages: GroupM

On an eCommerce site, the product detail page (PDP) drives conversion, with GroupM research laying out important changes to the value of...

Sharif Group of Companies CFO remanded in NAB custody

LAHORE: An accountability court on Monday granted 14 days’ physical remand of Chief Financial Officer (CFO) of Sharif Group of Companies to...

More trade among SAARC states to reduce poverty: FM

ISLAMABAD: Foreign Minister Makhdoom Shah Mehmood Qureshi has said that the promotion of economic and trade cooperation among SAARC (South Asian Association for...