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.
KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...
LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...
PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...
ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...
