Govt decides to reconstitute Sarmaya Pakistan Limited
ISLAMABAD: After the resignation of almost all private members of the Sarmaya Pakistan Limited (SPL), the government has decided to reconstitute the SPL...
SBP reserves jump $182m to stand at $8.46bn
The foreign exchange reserves held by the State Bank of Pakistan increased 2.2pc on a weekly basis, according to data released by...
Car sales plunge 42pc in August
Pakistan's auto industry sold 10,222 units in the second month of the fiscal year 2019-20 (FY20), down 42pc on a yearly basis,...
‘Pakistan desires to make Ethiopia a gateway to African exports’
PM's adviser says commerce ministry will soon open a commercial section in Pakistan's Embassy in Addis Ababa
Ethiopian minister says his...
PM gives in-principle approval to construction sector as ‘industry’
Prime Minister Imran Khan on Thursday declared the construction sector as an industry by giving an in-principle approval, Radio Pakistan reported.
The approval...
Weekly inflation dips 0.24pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group, as on Sept 5th, decreased by 0.24pc when compared with...
Stocks extend rally, KSE-100 closes 591 points higher
KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) for the second consecutive session of the week, as the indices extended gains from...
SBP to announce monetary policy on 16th
The State Bank of Pakistan (SBP) will announce its monetary policy on Monday (Sept 16th), said a statement issued by the central...
Zaidi not involved in issuing IFL to tobacco companies, FBR clarifies
The Federal Board of Revenue has rebutted a media report, published on 5th August 2019, regarding issuance of Invitation for License (IFL)...
Govt mulls establishing cottage business parks
ISLAMABAD: A proposal to set up cottage business and resident parks to promote small and medium businesses was tabled during a high-level meeting...
Investors lament lack of facilities at SEZs
ISLAMABAD: Investors at the Bin Qasim Industrial Park and Korangi Creek Industrial Park have voiced against the absence of facilities at the Special...
Russia’s ExpoBank takes keen interest in Pakistan’s financial sector
ISLAMABAD: Expobank Chairman Igor Vladimirovich Kim has expressed keen interest to invest in Pakistan's financial sector.
Talking to Privatisation Minister Muhammad Mian Soomro...
KSE-100 ends with 487-point gain amid low turnover
KARACHI: The Pakistan Stock Exchange (PSX) remained in the green zone throughout the session on Wednesday, with the indices registering decent gains...
Germany mulls shadow budget to circumvent strict debt rules
BERLIN: Germany is considering the creation of a “shadow budget” that would enable Berlin to boost public investment beyond the restrictions of constitutionally...
Govt urged to reshape economic policies in view of global recession
SAARC Chamber of Commerce and Industry Senior Vice President and Pak-US Business Council Chairman Iftikhar Ali Malik said on Monday that sustainable...