HeadlinesNaeemuddin Khan resigns as BoP’s president
Mr Khan took over as President of BoP in Oct 2008 when it was besieged by the threat of bankruptcy and allegations of financial misappropriation to the tune of billions of rupees
Nov 12, 2018
Mohammad Farooq
The author is an Assistant News Editor at Profit by Pakistan Today. His works have been published in Dawn, Express Tribune, LiveMint India, Huffingtonpost India and The News on Sunday. He tweets @MohammadFarooq_
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EconomyInterloop, manufacturer of socks for Adidas, Nike set for IPO
Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business
Nov 9, 2018
EconomyAmreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji
Expansion at SITE scrapped; Dhabeji to become the prime location
Nov 9, 2018
EconomyPakistan’s economy to grow 2.9% annually from 2018-2023: EIU
Surmising a modest rise in remittances, EIU estimated the current account deficit will fall to $13.1 billion in 2019 against projections of $18.3 billion in 2018
Nov 8, 2018
EconomyIMF’s bailout if endorsed would be to stabilize the Pakistan economy
IMF director communications said they would put in place the preconditions for sustained inclusive growth and modalities of that would get announced once a staff-level agreement was reached
Nov 3, 2018
EconomyTransactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
Nov 1, 2018
EconomyFATF 'grey listing' to have limited impact on Pakistan’s economy: EIU
EIU believes diplomatic support for Pakistan is not as rosy compared to the previous instance it was placed on FATF’s grey list and projected much stricter monitoring this time
Oct 31, 2018
EconomyRLNG-based power generation share climbs to 22.75% in September
In September, Hydel remained the main source of power generation with a share of 34%, RLNG 23%, gas 16%, coal 9%, furnace oil 8% and nuclear 5%
Oct 24, 2018
EconomyRupee sharply regains Rs1.92 against greenback in inter-bank market
The rupee has been depreciated five times against the greenback since December 2017, which has seen the local currency losing a cumulative 27% of its value against the greenback
Oct 24, 2018
EconomyEngro says govt has no contractual right to renegotiate LNG agreement
On Thursday, the Information Minister Fawad Chaudhary had announced the government would be conducting an audit of the two LNG deals
Oct 20, 2018
EconomyIMC resumes booking of vehicles
IMC requests customers to make partial payments only and told them not to make full payments at the time of booking their vehicles
Oct 20, 2018
EconomyPakistan's gross public debt surged by 16.6% during FY18
The report said major growth in public-sector enterprises debt and loans for commodity loans and external liabilities drove Pakistan’s total debt and liabilities (TLDL) to 86.8 percent of GDP at end of June 2018 compared to end-June 2017
Oct 19, 2018