‘Saudisation’ leading to fewer foreign workers in KSA
LAHORE: The recruitment of Pakistani labourers by Saudi Arabian employers dropped by 11 per cent to 460,000 in 2016, stated a report launched by...
Govt making efforts for opening of industrial, construction sectors: Omar
Minister for Power Omar Ayub Khan has said that Pakistan Tehreek-e-Insaf (PTI) government is making all out efforts for opening of industrial and construction...
Country’s current account deficit widens to $2.601bn for Jul, Aug
KARACHI
The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit (CAD) widened almost double to (negative)...
Stocks surge 506 points on back of energy sector
KARACHI: Pakistan Stock Exchange (PSX) remained on an upward trajectory on Monday, with the benchmark index accumulating over 500 points to breach 45,000 level.
Global...
KSE-100 falls flat amid volatility
KARACHI:Â The Pakistan Stock Exchange (PSX) started the first session of the week on a positive note but failed to sustain the gains in late...
NICL chief asks FIA to reopen high-profile property purchase scam
ISLAMABAD
Following the revelations regarding a high-profile property purchase scam involving the National Insurance Company Limited (NICL), company’s Chief Executive Officer Captain (retd) Jamil Akhtar...
FAO trains 400 Baloch women in agri-entrepreneurship
ISLAMABAD:Â Food and Agriculture Organization (FAO) of the United Nations, in collaboration with the Australian government's Department of Foreign Aid and Trade (DFTA), provided entrepreneurial...
K-Electric gets approval for setting up a 900MW R-LNG power plant at Bin Qasim
Karachi: In a notification sent to the bourse on Thursday, K-Electric (KEL) announced that in a board meeting held on August 9th, its Board...
EU likely to extend Pakistan’s GSP+ status next month
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razzaq Dawood has hinted that the European Union might extend Pakistan's Generalised System of Preferences (GSP+)...
Illicit tobacco business continues as FBR ‘delays’ installing TTS
ISLAMABAD: The Federal Board of Revenue (FBR) has been ‘delaying’ installation and implementation of track and trace system (TTS) to curb illicit tobacco trade...
KP’s small traders seek financial package to avert losses
PESHAWAR: Various trade bodies of Khyber Pakhtunkhwa on Sunday demanded the federal and provincial governments to include small businessmen and traders in the economic...
ECC allocates $25m for National Disaster Risk Management Fund
The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved $ 25 million for National Disaster Risk Management Fund (NDRMF).
The ECC which met...
SBP raises Rs274.5bn from T-bill auction
KARACHI:Â The State Bank of Pakistan (SBP) has reported that the government raised Rs274.5 billion through T-bills, against the target of Rs300 billion.
The SBP conducted...
Reza Baqir urges businessmen to exploit SBP’s corona-related incentive schemesÂ
FAISALABAD: As Faisalabad was contributing 20pc to the national economy, the city's businessmen must fully exploit the corona-related incentive schemes offered by the State...
Joint audit study fails to evaluate quantum of losses in Qatar LNG deal
ISLAMABAD: A Joint Audit Special Study carried out to investigate the multi-billion-dollar LNG gas deal signed by Pakistan with Qatar has failed to evaluate...
