BEIJING: China’s central bank offered six-month medium-term lending facility (MLF) loans to 11 financial institutions on Friday.
The amount of the operation is 100 billion yuan ($15.6 billion) at an interest rate of 3.25 percent.
The People’s Bank of China said it would continue to guide financial institutions to serve small and micro-sized enterprises and the agriculture sector.
ISLAMABAD: In a major milestone for Pakistan’s business community, the Islamabad Chamber of Commerce and Industry (ICCI) has been granted...
LAHORE: Pakistan State Oil’s (PSO) total receivables have risen to Rs908.709 billion, intensifying liquidity pressures as delayed payments from the...
KARACHI: Consumers in Karachi paid more than Rs26 billion in advance income tax through their electricity bills during fiscal year...
ISLAMABAD: Finance Minister Muhammad Aurangzeb met senior International Monetary Fund (IMF) officials in Washington on Thursday to review Pakistan’s macroeconomic...
