DUBLIN: Wonga would close its Dublin office by the middle of next year as part of a cost-cutting programme.
The provider of controversial, short-term loans charged at high interest rates would cut 325 jobs as it seeks to reorganise its business in the face of tighter regulation.
Wonga’s loans can currently carry an APR of up to 1,509% but Britain’s Financial Conduct Authority has moved to cap that at a much lower level.
RIYADH: Saudi Arabia and Qatar will provide Pakistan $5 billion in financial assistance, enabling Islamabad to avert stress on the...
LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...
ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...
