Air France mulls returning to Pakistan after 11 years: minister
Petroleum Minister Ghulam Sarwar Khan revealed on Friday that after witnessing a conducive business environment, Air France was planning to resume its service in...
Saudi Crown Prince’s visit to bring major investment in Pakistan
Saudi Arabia and its Gulf partner, the UAE, have already deposited $3 billion each in Pakistan’s central bank to help resolve a balance of payments crisis and shore up its declining rupee
SBP to cease issuance of Rs40,000 prize bonds from 15th Feb
The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds
Rashid Khan appointed as PTCL CEO
ISLAMABAD: The PTCL Board of Directors in its meeting on Tuesday appointed Rashid Khan, currently the chief executive of Ufone, to the post of...
Moody’s changes outlook to negative for Pakistan’s banking sector
Moody’s said tighter domestic monetary conditions fueled by a wide current account deficit and low foreign exchange reserves will impact economic activity.
FBR abolishes 2pc customs duty on import of 200 items
The Federal Board of Revenue (FBR) on Tuesday abolished the two per cent additional customs duty on the import of 200 items and auto...
Banks’ deposits grow 8.79pc in January
ISLAMABAD: The bank deposits of scheduled banks have surged by 8.79pc, as it increased from Rs12,002,239 million in January 2018 to Rs13,057,570 million in the...
Hyundai to launch first digital car showroom in Pakistan
The showroom will be opened at Emporium Mall in LahoreSouth Korean automaker Hyundai is going to introduce its first ‘Digital Showroom’ in...
Asad Umar says striving hard to bring Paypal to Pakistan
Finance minister says apart from inviting PayPal, he is working on another online payment system, AliPay.PESHAWAR: Finance Minister Asad Umar said on Monday...
Foreign banks eye financial advisory role in divestment of two LNG fired-power plants: Report
This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion
Govt will require to reduce borrowings from central bank, implement VAT under IMF programme: Report
According to official sources, the IMF will demand to attain a primary balance of budget into surplus, which is presently seeing a huge deficit
KSA to invest $322m in five hydropower projects of Pakistan
ISLAMABAD: Apart from making investments in the oil and mineral sector, Saudi Arabia will also make an investment of SR1.207 billion ($322 million) in five...
Prime Minister Imran Khan warns of ‘painful’ reforms
Before taking the stage, Khan met with Lagarde and she termed the meeting "good and constructive"
Sarmaya-e-Pakistan, holding company for state owned enterprises incorporated: Asad
LAHORE: Finance Minister Asad Umar says Sarmaya-e-Pakistan, the holding company for state-owned enterprises, has been incorporated.In a tweet, he said turning around the state-owned...
Textile sector gets Rs14bn in seven months under PM’s export package
ISLAMABAD: The textile industry received Rs14 billion during the first seven months of the current fiscal year under the prime minister’s exports enhancement package.“The sector...
Popular News
Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...
The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles
Latest News
Building and construction material exhibition fails to attract interest
LAHORE: The first two days of a three-day exhibition of building and construction materials held by The Institute of Architects of Pakistan (IAP) at Lahore’s...
