Home / In The News (page 4)

In The News

Pakistan

Pakistan News

Asian Development outlook 2018: Pakistan’s growth to slow down to 5.1pc in fy19: ADB After five years of upward movement, Pakistan’s economy is expected to slow down to 5.1% in the next fiscal year 2018-19 because of growing external account …

Read More »

Shipping

Shipping News

Shipping fuel costs to spike 25pc in 2020 on Sulphur Cap Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick in, consultants Wood Mackenzie quoted as saying …

Read More »

Technology

Technology News

PAKISTAN: Nokia 6 2018 launched in Pakistan: Nokia came back strong to the phone market, on the back of its solid mid-range lineup. Nokia 6 was among them, and now Nokia is refreshing it with new features, keeping the overall …

Read More »

Commodity

Commodity News

Oil rises, makes largest weekly gain since July Oil prices rose on Friday, making the largest weekly gain since July, supported by concerns about the possibility of Western military action in Syria and reports of dwindling global oil inventories. The …

Read More »

Gulf

Gulf News

UAE among 20 least complex tax jurisdictions in the world The UAE is among the 20 least complex jurisdictions in the world for accounting and tax compliance, new data revealed on Wednesday. The UAE came in at 74th, indicating an …

Read More »

India

India News This Week

India’s manufacturing sector growth falls to 5-month low in March: PMI India’s manufacturing sector activity fell to a five-month low in March, as new business orders rose at a slower pace, and firms showed little appetite for recruitment, says a …

Read More »

Pakistan

Pakistan News

Govt removes ban on furnace oil imports as energy demand rises The government has lifted the ban on import of furnace oil for running power plants and has directed state-owned Pakistan State Oil (PSO) to place orders for bringing fuel …

Read More »

Shipping

Shipping News

Slow and steady recovery for container shipping The outlook for the container shipping market in 2018 and 2019 is a combination of healthy demand growth that will outpace the fleet; resulting in a better supply-demand balance and slightly higher freight …

Read More »

Technology

Technology News

PAKISTAN: Govt to set up a $75 million fund for giving loans to entrepreneurs: The government, through State Bank of Pakistan (SBP), is setting up a fund for startups in the country. Startups and budding businesses will not be getting …

Read More »

Commodity

Commodity News

Bahrain takes giant discovery of 80bn barrels of oil Bahrain announced on Wednesday the size of the oil reserves in the giant discovery that it had made, and figures dwarf the proved reserves that the island kingdom in the Persian …

Read More »