Qist Bazaar disburses Rs3.4bn loans in 3 years KARACHI: Qist Bazaar, Pakistan's first and only Sharia-compliant BNPL (Buy Now Pay Later) fintech start-up, has... Published 26 Sep, 2024 06:48am
Business & Finance China to pitch green tech exports to African leaders BEIJING/NAIROBI: China will urge a summit of 50 African nations in Beijing this week to take more of its goods,... Published 02 Sep, 2024 06:40am
Business & Finance Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for... Published 28 Aug, 2024 06:22am
Business & Finance Bank financing: Risk coverage scheme for SMEs approved KARACHI: in order to extend more financing to the SME sector, the federal government, on the recommendation of the... Published 02 Aug, 2024 05:55am
Print NA panel told: China, KSA likely to roll over $9bn loans ISLAMABAD: China and Saudi Arabia are likely to roll over $9 billion in loans to Pakistan in the current fiscal year... Updated 27 Jul, 2024 11:47pm
Print Key ministers interact with authorities in China: Bond, loans and coal high on the critical agenda PM Shehbaz has directed Pakistan’s ambassador to China to ensure meetings of Ministers for Finance and Power with relevant Chinese authorities to discuss their proposed plans Updated 25 Jul, 2024 01:09pm
Markets PTCL secures $400mn loan from IFC for Telenor Pakistan acquisition Pakistan Telecommunication Company Limited (PTCL) has secured debt financing of up to $400 million from the... Updated 28 Jun, 2024 05:35pm
Pakistan Punjab govt will provide Rs10bn loans to farmers: minister LAHORE: Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Kirmani on Thursday announced that the... Published 28 Jun, 2024 05:41am
Editorials The LSM decline EDITORIAL: Large Scale Manufacturing (LSM) registered negative 0.51 percent growth July-February 2024 against the... Published 19 Apr, 2024 05:07am
Pakistan Loans against PIA stand at Rs429.267bn, NA told ISLAMABAD: The total amount of domestic and foreign loans against Pakistan International Airlines (PIA) stands at... Published 02 Apr, 2024 04:38am
Print Sukuk, other Shariah-compliant financing modes: Govt wants more loans against its unencumbered assets ISLAMABAD: The federal government has decided to issue domestic and international Sukuk and raise other... Updated 07 Mar, 2024 09:47am
Print Federal govt employees: AGP ‘identifies’ violations of rules in grant of loans ISLAMABAD: On the direction of President Dr Arif Alvi, the Auditor General of Pakistan (AGP) identified violations... Updated 06 Feb, 2024 09:05am
Business & Finance IMF debt dilemma looms after election: ex-SBP governor LONDON: The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election... Published 19 Jan, 2024 05:37am
Business & Finance ADB approves $155m to help boost women’s access to finance ISLAMABAD: The Asian Development Bank (ADB) has approved $155.5 million in financing for Pakistan that will support... Published 12 Dec, 2023 05:28am
Business & Finance More hike in power tariffs opposed: World Bank to extend $2bn loan in FY24 ISLAMABAD: The World Bank (WB), Tuesday, while pushing for a policy shift for sustainable and viable power reforms,... Published 29 Nov, 2023 05:09am
Print Power transmission network in Punjab, KP: ADB approves $250m in loans ISLAMABAD: The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable... Updated 18 Nov, 2023 09:35am
Business & Finance Minister highlights govt’s steps towards IT exports ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif while... Published 26 Oct, 2023 06:08am
Business & Finance ‘Country must learn to survive without loans’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and... Published 14 Oct, 2023 05:32am
Print Digital loans: SECP issues requirements for NBFCs ISLAMABAD: In a significant move towards promoting responsible lending and consumer safety, the Securities and... Updated 26 Sep, 2023 09:30am
Business & Finance SECP strengthens measures to curb predatory lending practices ISLAMABAD: In order to curb predatory practices and ensure financial sustainability of the borrowers in the digital... Published 08 Aug, 2023 06:37am
Print Flood relief: $10.33bn loans, $550m grants received ISLAMABAD: Pakistan has received $ 10.33 billion out of $ 10.953 billion as loans and $ 550.4 million in grants for... Updated 01 Aug, 2023 09:14am
BR Research PTCL Group: worsening losses After recording a significant amount of net loss (nearly Rs8 billion) in CY22, the country’s telecom giant seems to... Updated 26 Apr, 2023 08:40pm
Business & Finance Forex reserves up by $400m KARACHI: The country’s total liquid foreign exchange reserves rose by $ 400 million during the last week due to... Updated 21 Apr, 2023 08:52am
Business & Finance Citigroup beats estimates on higher income from loans NEW YORK: Citigroup Inc’s first-quarter profit beat Wall Street expectations on Friday as it earned more from... Published 17 Apr, 2023 06:41am
Business & Finance ‘Abu Dhabi Commercial Bank in talks to sell $3.7bn of bad loans’ DUBAI: Abu Dhabi Commercial Bank PJSC (ADCB) is in talks with funds to sell 13.5 billion dirham ($3.68 billion) of... Published 07 Apr, 2023 06:06am
Print $3bn loan at zero interest rate: NA panel asks SBP to submit list of 600 borrowers ISLAMABAD: The National Assembly Standing Committee on Finance, Thursday, directed the State Bank of Pakistan (SBP)... Updated 07 Apr, 2023 08:49am
Print China has rolled over $2bn loan, Dar tells Senate ISLAMABAD: Finance Minister Ishaq Dar has claimed that China has rolled over for a year its two billion dollars loan... Updated 01 Apr, 2023 08:49am
Print $7.407bn borrowed from multiple financing sources in 8 months ISLAMABAD: The government has borrowed $7.407 billion from multiple financing sources, including $900 million from... Updated 21 Mar, 2023 09:00am
Business & Finance FPCCI flays govt for failing to secure concessional loans KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has... Published 19 Mar, 2023 03:33am
Print Jul-Jan: $6.134bn borrowed from multiple sources ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from... Updated 03 Mar, 2023 08:52am
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature