Business

BENGALURU: India’s largest port operator Adani Ports and Special Economic Zone said on Monday that its terminals would no longer handle export and import of container cargoes from Iran, Pakistan and Afghanistan from Nov 15. “This trade advisory will apply to all terminals operated by (Adani Ports) and including third …

ISLAMABAD: The Delegation of the European Union to Pakistan is launching the first-ever EU-Pakistan Business Forum on 8 September 2021 in Islamabad to provide opportunities for both the EU and Pakistani businesses for bilateral trade enhancement. The inauguration ceremony of the EU-Pakistan Business Forum for Small and Medium Enterprises (SME) …

ISLAMABAD: Federal Secretary, Board of Investment (BOI), Fareena Mazhar on Monday said Pakistan Regulatory Modernization Initiatives (PRMI) was a key initiative of the government for the modernization and regulation of local business for providing a conducive business environment in the country. Implementation of these reforms, initiated by BOI, was part …

LONDON: Britain’s government has rejected calls from retail and logistics companies to temporarily ease post-Brexit immigration rules which they say are contributing to a shortage of truck drivers and acute supply chain disruption. Fast food chains McDonald’s, KFC, and Nando’s, as well as bakery chain Greggs, have all faced disruption …

TOKYO: Japan is worried that US plans to pour billions of dollars into chip manufacturing to fend off China could finish off what’s left of a Japanese semiconductor industry that once dominated the world. After “three lost decades”, according to Japan’s industry ministry, the country’s share of global chip manufacturing …

SHENZHEN: Huawei Technologies’ chairman said while US sanctions have choked its smartphone business, it will not give up and plans to eventually return to the industry’s “throne”. In 2019 former US President Donald Trump accused Huawei of being a threat to national security, put it on an export blacklist and …

LONDON: Nearly a hundred highly paid bankers left Britain ahead of its departure from the European Union, the bloc’s banking watchdog said on Wednesday, the latest confirmation of how Brexit has reshaped Europe’s financial sector and its tax base. The European Banking Authority (EBA) said in its annual survey of …

HONG KONG: Asian markets rallied on Wednesday as investors engaged in bargain hunting despite losses on Wall Street and a surge of the coronavirus Delta variant stoking fears about the global economic recovery. A fresh lockdown in New Zealand and a curfew imposed in Australia’s second-largest city of Melbourne over …

LONDON: More people see crypto assets as a mainstream investment rather than a “gamble” as ownership of bitcoin and similar crypto currencies has risen to 2.3 millon adults in Britain this year, the Financial Conduct Authority said on Thursday. Regulators have repeatedly warned consumers about the “speculative” nature of largely …

ISLAMABAD: Justice (R) Javed Iqbal, Chairman NAB has said that NAB is a people and business friendly organization. NAB has great regard for the business community which is playing an important role in the country’s progress. He said that he had not only addressed business community at Federation of Pakistan …