Business
Your Trusted Source for Accurate and Timely Updates!
To increase cloud infrastructure, Amazon plans to invest about $9 billion in Singapore
Tech behemoths in Southeast Asia have drawn Amazon Web Services (AWS) to invest the funds to build its cloud infrastructure in Singapore. According to Amazon Web Services (AWS), the company…
Latest Business
Soaring prices putting poor countries at risk of default: IMF
Sprucely advanced global food and energy prices due to the war in Ukraine are hitting developing countries hard, and better…
IMF okays 6th review, ready to release $1bn tranche
WASHINGTON: The International Monetary Fund (IMF) on Wednesday approved the completion of the sixth review of its programme for Pakistan…
IMF review put off to allow passage of SBP bill: Shaukat Tarin
ISLAMABAD: Finance Minister Shaukat Tarin said on Wednesday the International Monetary Fund’s (IMF) Executive Board had delayed Pakistan’s request its…
Dollar ‘may cross Rs200’ mark after 16pc withholding tax
KARACHI: The bone price may cross Rs200 with the unforeseen duty of a withholding duty on exchange companies, which are…
Indian rupee to end year as Asia’s worst-performing currency
The Indian rupee is set to end a tumultuous time as Asia’s worst-performing currency with foreign finances fleeing the nation’s…
Remittances rise 10pc to $13bn in five months
KARACHI: Remittances transferred by overseas Pakistani workers fell6.6 percent on a month-on-month basis in November but grew by nearly 10pc…
Samsung TV plant begins production in Karachi
ISLAMABAD: South Korean technology mammoth Samsung Electronics has operationalized its first Television line-up factory in collaboration with a original establishment…
‘Mini-budget’ with adjustments worth Rs600bn finalized
ISLAMABAD: The government on Thursday finalized a‘mini-budget’ involving financial adaptations and expenditure cuts worth about Rs600 billion as part of…
