EU provides €60mn for reducing stunting, malnutrition in Sindh

ISLAMABAD Pakistan and the European Union on Friday signed the financing agreement on improved nutrition in Sindh worth €60 million, which will help align and...

Daily market report: KSE-100 ends week positive

LAHORE The index, after a weak first session where it dropped 511.57 points, bounced back in the second. It jumped 322.29 points to 45,382.22 before...

Petroleum ministry to undertake Rs190m coal exploration projects in Balochistan

Islamabad:  Ministry of Petroleum and Natural Resources would execute two new projects worth Rs 190 million for coal exploration and evaluation in different localities of...

US exports to Pakistan stood at $2.1b during 2016

Faisalabad: In a business community meeting held at the Faisalabad Chamber of Commerce and Industry (FCCI) on Thursday, Commercial Counsellor of the United States...

Pakistan should strengthen business ties with Denmark: Envoy

Islamabad: Ambassador-designate of Pakistan to Denmark Syed Zulfiqar Gardezi visited Islamabad Chamber of Commerce and Industry (ICCI) on Thursday and shared his views on...

Economic growth surpasses ADB forecast for 2016-17

Islamabad: On Thursday, the Asian Development Bank announced that Pakistan had achieved its highest growth rate of 5.28pc in over nine years. The Asian Development...

PPL drills 1.3 km-long horizontal well for tight gas

Karachi: Pakistan Petroleum Limited (PPL) has drilled and completed tight gas horizontal well Naushahro Feroz (NF) Hor-1, an official said here on Thursday. At total...

Foreign reserves declined by $537.8m this week

KARACHI: Total liquid foreign reserves of the country declined by $537.8 million to $20.830 billion this week compared to $21.368 billion last week. The reserves...

France provides €165mn loan for energy projects

ISLAMABAD Pakistan and the French Development Agency (AFD) on Thursday signed two loan agreements for the financing of energy projects: Power Transmission Enhancement Investment Tranche-IV...

ACCA, IMA survey finds Pakistan’s economic outlook improving

LAHORE The quarterly survey conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), found economic outlook for Pakistan...

Daily market report: KSE-100 breaks below 45,000pts again

LAHORE A day that opened well lost its charm as investors booked profits after news flew in from the court room in Islamabad. The Supreme...

Senate panel voices worry over rising national debt

Islamabad: As the country’s external and domestic debt keeps on increasing, a Senate Panel hearing on Wednesday voiced its shock and concerns over this. The...

China cracks down on VPNs attempting to escape Great Firewall

Beijing: China is tightening control over foreign companies’ internet use in a move some worry might disrupt their operations or jeopardize trade secrets as...

National assembly members call for reforms in Pakistan Post

Islamabad: Members of the National Assembly Standing Committee on Communications said on Wednesday that Pakistan Post needed massive reforms to cope with modern commercial...

SBP requests currency dealers to bring down dollar price

Karachi: State Bank of Pakistan (SBP) held a meeting on Wednesday with currency dealers regarding stability of the rupee in the inter-bank market, informing...

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How Political Power Attracts Undue Money

The final report of the Joint Investigation Team (JIT) into Prime Minister Nawaz Sharif and his family’s foreign assets (the “Panama Case”) is the...