Boris Johnson channels Roosevelt to combat virus depression

British Prime Minister Boris Johnson said Monday the coronavirus crisis needed the type of massive economic response US president Franklin D. Roosevelt mobilised to...

Much left to be desired: The PTI Budget 2020-21

The national budget 2020-21 presented today offers no surprises. Announced in a typical PTI style where, as usual, ambiguity prevails on where the real...

Economy to take a hit as Hajj curtailed for 2020 by Saudi Arabia

Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness - and fears of economic ruin - haunt the usually bustling city of...

How is federal budget a success story, and not the other way round?

Pakistan’s economy had already been suffering before the COVID-19 outbreak, it was in no imminent danger of a recession. The Current Account Deficit dropped...

Emirates, Etihad and Fly Dubai suspend flights from Pakistan

Etihad Airways on Thursday suspended its flight operations from Pakistan, a day after several passengers who had travelled to Hong Kong by another airliner...

Iraq’s Kurds starve as tourism receipts go extinct

In a normal year, Ahmed Hazem's mountainside restaurant would be teeming with tourists. But a nationwide curfew aimed at combatting the novel coronavirus has...

JS Banks takes the lead in SBP Rozgar Finance Scheme

Under the context of the COVID-19 pandemic, all around the globe central banks are using policy instruments to stimulate growth and reduce layoffs. In...

Why does Trump want to expand the G7 into a G11?

On June 03, the US President Donald Trump invited Indian Prime Minister Narendra Modi to attend the upcoming G7 Summit. President Trump has also invited...

Federal budget 2020-21 was a bold move on part of the PTI govt?

The economy which the PTI Govt took over in 2018 had been subjected to horrendous mismanagement force-multiplied by rampant corruption. By the end of...

SBP initiative allows hassle-free remittance collection from JS Bank

According to the UN Department of Economic and Social Affairs, Pakistan has the sixth largest diaspora in the world. Pakistan received a record of...

Punjab Govt planning early launch of Quaid-e-Azam Business Park

Punjab Govt, after its new budget (2020-21), is gearing to stimulate business and investments across Pakistan's biggest province. Soft launch of "Quaid-e-Azam Business Park"...

Did JS bank really increase its profits by 1000%?

Growing from strength to strength, JS Bank reported a profit before tax of PKR 628.5 million for the quarter ended March 31, 2020 as...