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PETALING JAYA: Proton posted an 8.8% increase in sales in 2020 over 2019 despite losing over two months of car production and sales to the movement control order.
MUMBAI: Ratan Tata is no stranger to flying. As a 17-year-old, the patriarch of India’s biggest conglomerate once landed a plane that had lost its sole engine mid-flight. He’s also piloted the supersonic F-16 fighter jet.
ISLAMABAD: Pakistan on Thursday validated licenses of 166 pilots working in foreign countries, including Malaysia, amid a scandal involving "dubious" flying certificates, which caused a global alert.
KARACHI: Pakistan's central bank on Tuesday cut its key interest rate by 75 bps to 12.50%, the first reduction in four years, citing a global slowdown to ease inflationary pressure.
KARACHI: A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to an inspection by the South Asian nation’s central bank that took place more than a year after the lender was shut out of the US financial system.
FROM turning organic waste into fertiliser to sharing farm equipment, new businesses seeking to address social problems in Pakistan have made the South Asian nation one of the best performers in the second global poll on social entrepreneurs.
EQUITY traders are usually disappointed when MSCI Inc downgrades a country’s index status. With Pakistan, they are upset it didn’t.