‘PR to launch five new trains soon’
ISLAMABAD:Â Railways Minister Sheikh Rasheed Ahmed has said that Pakistan Railways is set to launch five new trains in order to ensure the...
UK economy slowest since 2012, as Brexit and global worries weigh
LONDON: Britain’s economy slowed sharply in late 2018, pushing full-year growth to its weakest in six years as Brexit worries hammered investment...
IMC stresses need for localisation in auto sector
Indus Motor CEO urges govt to facilitate local manufacturers so as to secure foreign exchange and generate employment opportunitiesÂ
ISLAMABAD:Â Indus Motor Company...
SBP enforces new measures to control US dollar transactions
Pakistan tightens currency controls, biometric verification required for large dollar transactions
Former Chinese officials warn of lengthy trade war
BEIJING:Â Former Chinese officials railed Friday against US "bullying" and "containment" policies at a forum on US-China economic relations, with a dire warning...
Bank of Khyber profits surge by 25pc to Rs447.711 million
LAHORE: The Bank of Khyber (BOK) in a notification to Pakistan Stock Exchange (PSX)Â on Friday, released its financial results for the period...
ECP notifies Shariah Standards No 17, 18, 23 of AAOIFI
ISLAMABAD: The SECP has notified for public consultation three Shariah Standards of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI);Â Shariah Standard...
For the first time in Pakistan, BankIslami is enabling you to unlock limitless possibilities via One Touch Banking – Now your thumb is your...
LAHORE: When it comes to convenience banking, BankIslami has always been at the forefront of innovation. It was the first bank in...
Govt working on five-year development plan (2018-23): Planning sec
ISLAMABAD
The Ministry of Planning and Development is working on a five-year (2018-2023) which will execute the development projects under China Pakistan Economic...
Germany to provide €12m grant for healthcare development in KP, GB
ISLAMABAD:Â Economic Affairs Division Secretary Noor Ahmed and German Development Bank (KfW) Country Director Wolfgang Moeller on Thursday signed financing agreements for Social...
Govt finally announces Pakistan’s 1st national food security policy
The NFSP anticipates 4 percent yearly growth in food production which includes fisheries, livestock and crops
CDA to spend Rs55bn on Islamabad development projects, PM told
Prime Minister (PM) Imran Khan on Thursday was apprised that the Capital Development Authority (CDA) would utilize Rs55 billion it had collected...
Pakistan economy to grow by 5pc during next FY: Moody’s
ISLAMABAD
Pakistan’s economy is expected to grow by 5 per cent during the next fiscal year, credit rating agency Moody’s said in a...
Pakistan obtained $930 million loans during first quarter FY19
China gave $2.80 million in September whereas Asian Development Bank (ASB) $26.94 million and other commercial banks lend $170 million to Pakistan
SBP injects Rs155 billion into market
KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs155 billion into the market for one day, as reverse repo purchase...