MCB Bank inaugurates Gaddafi Stadium branch
LAHORE: MCB Bank, one of Pakistan’s largest and most innovative banks, inaugurated its conventional banking branch at Lahore's Gaddafi Stadium on Friday.
The inauguration ceremony was...
SBP develops governance framework for overseas operations of banks
LAHORE: Amid the increasing scrutiny in which financial transactions within and outside the country take place, especially with Pakistan's placement in the Financial Action...
Government considering new framework for bilateral trading of electricity
CTBCM envisages enabling an environment to draw investments based on credit cover given by market participants and with no government need of giving sovereign guarantees.
External debt servicing hampers country’s foreign reserves positionÂ
KARACHI: The State Bank of Pakistan (SBP) Thursday said that the total liquid foreign reserves held by the country stood at $18,240.4 million on...
TESCO pays Rs3.4bn in taxes to FBR despite exemptionÂ
ISLAMABAD:Â Tribal Areas Electricity Supply Company (TESCO) paid an amount of Rs3.4 billion to the Federal Board of Revenue (FBR) without putting a burden on...
Govt may cut gas cess by 50pc for fertiliser manufacturers
ISLAMABAD:Â The government is in negotiation with the fertiliser industry to resolve the issue pertaining to gas infrastructure development cess (GIDC) which the industry had...
Increased CPEC-trade flow, business activity to boost revenues: Member FBR
ISLAMABAD:Â The Federal Board of Revenue's member in the Facilitation and Taxpayers Education (FATE) wing, Nausheen Javaid Amjad has said the increased trade flow and...
Philip Morris factory becomes operational in Sahiwal
The Philip Morris (Pakistan) Limited (PMPK) became operational from April 29 (Wednesday ) in Sahiwal, informed the company in a statement to the Pakistan...
Deputy governor SBP admits he called for depreciation of PKR on 5th of July
Islamabad: In front of a parliamentary panel on Wednesday, Deputy governor State Bank of Pakistan (SBP), Riaz Riazuddin admitted that the decision to depreciate...
Govt to launch national tourism promotion app
ISLAMABAD: The Pakistan Tourism Development Corporation (PTDC) would launch a national tourism promotion application to provide the necessary and latest information to the local...
KSE-100 ends flat after morning boom
LAHORE
It was a good day of trading at the Pakistan Stock Exchange (PSX) as investors saw the index trade positive and end flat. Not...
PSX lands in green after volatile session
KARACHI:Â The Pakistan Stock Exchange (PSX) on Wednesday managed to close a jittery session in green. Foreign investors continued as net sellers on Tuesday with...
Pakistan’s debt and liabilities hit record Rs81trnÂ
This debt is now equal to three-fourths of the national economy and is about 15% higher than defined in the Fiscal Responsibility and Debt Limitation Act.
Stocks stay in green amid range-bound session
KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved in a narrow range on Thursday, as the investors adopted a cautious approach ahead of...
Pakistan’s exports decline 6.8pc YoY in June
Commerce ministry terms the single-digit reduction in June as a 'sign of recovery', as exports had declined 54pc and 33pc in April and May
