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Eight brands of bottled water declared illegal

KARACHI: Pakistan Standards and Quality Control Authority (PSQCA) has identified eight bottled drinking water as unfit for human consu...

Robust growth in electronic banking

KARACHI: In a rapidly evolving international payments arena, Pakistan is also leaping forward as fiscal year 2013-14 registered a robust...

Banking sector: Healthy profit growth likely with business revival

KARACHI:  With credit penetration currently at less than a fifth of the country’s gross domestic product (GDP), raw numbers paint a bleak...

ADB highlights ‘alarming’ climate change situation in Asia-Pacific region

MANILA: A staggering 40,000 people lost their lives due to natural disasters in the Asia-Pacific region during the period 2003-2012 al...

ADB to support Bhasha dam project

ISLAMABAD: The Asian Development Bank (ADB) has said that despite its limited financing capacity it would support the Diamer-Bhasha dam to...

ADB warns economy could suffer from political impasse

ISLAMABAD: Asian Development Bank (ADB) President Takehiko Nakao warned Wednesday the ongoing political impasse could damage Pakistan...

WB warns of global jobs crisis

SYDNEY: The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet ...

Banks have been instructed to provide service without stop to customer before the Eid-ul-Fitr holidays

Karachi: After receiving complaints regarding ATM’s, State Bank has issued instructions to most banks to form complaint centers an...

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