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Business 08 Jun 2021 | 7:00 AM

Startup-funding rush continues in Pakistan

KARACHI: A flood of overseas capital into Pakistan’s fintech startups that began during the coronavirus pandemic is continuing unabated, with two new fundraising deals.

Aviation 17 Jul 2020 | 6:44 AM

Pakistan validates licenses of 166 pilots working in foreign countries, including Malaysia

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.

Energy 12 Jun 2020 | 7:00 AM

Asia’s uneven oil demand recovery shows hurdles

TOKYO: Fuel demand is on the mend across Asia as nations emerge from coronavirus lockdowns, but most economies in the world’s biggest oil-importing region appear unlikely to replicate China’s rapid recovery.

Business 17 Feb 2020 | 7:00 AM

Irregularities at Pakistan bank’s Mideast ops

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.

Business 24 Jul 2019 | 12:00 AM

Pakistan eyes higher clean energy capacity

KARACHI: Pakistan is planning a wave of new wind and solar plants that will expand its clean energy capacity to about a fifth of its total.

Business 29 Jun 2019 | 12:00 AM

MSCI disappoints Pakistan traders hoping for a downgrade

EQUITY traders are usually disappointed when MSCI Inc downgrades a country’s index status. With Pakistan, they are upset it didn’t.