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KARACHI: The state-owned enterprises (SOEs), both existing and the privatised ones, are still facing pinching issues, indicating that the reforms have not achieved the desired outcomes. The State Bank of Pakistan (SBP), in its Annual Report 2023-24, also included a…
The economic slowdown, rising non-performing loans (NPLs) and the popularity of electric vehicles (EVs) have dented the used car market, dragging down profits of car hire-purchase businesses this year, says Tris Rating. In the first half of 2024, used car…
LAHORE: After the PML-N-led coalition failed to table a contentious ‘Constitutional Package’ in parliament due to an inability to convince Maulana Fazlur Rehman — a former ally of the PML-N — questions are being raised over the role of PML-N…
Conceptual illustration of droughts and desertification in Africa. File: Former deputy president of Economic Freedom Fighters (EFF) party and new uMkhonto weSizwe (MK) party national organiser Floyd Shivambu speaks during a press conference in Sandton, Johannesburg on August 22, 2024. …
SEOUL, Aug. 24 (Xinhua) — A van vehicle crashed into a bus, killing five and injuring nine, at an intersection in the city of Ansan, Gyeonggi Province, South Korea, early Saturday morning. The Chinese embassy in South Korea has confirmed…
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