Stock market may hold up to eight IPOs in 2019

Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political...

PSX dips further by 544 points amid lack of triggers

KARACHI: In the absence of positive triggers, Pakistan Stock Exchange (PSX) witnessed another lazy session on Wednesday where indices traded in red all...

‘Pakistan can save $8.4bn per annum through power sector reforms’

WB report says almost a fifth of Pakistan’s electricity is lost to poor infrastructure, faulty metering and theft ISLAMABAD: Pakistan's power sector suffers...

Asad Umar says will only take IMF’s money, not dictation

PTI govt has clear strategy to get Pakistan out of the begging-bowl syndrome - Asad Umar

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Chinese entity e-Hualu clinches $83.6 million deal to build rapid bus transit system in Pakistan

Previously, e-Hualu was involved in building a project in 2016, which included an electronic policing system, access control and a vehicle monitoring platform for the capital Islamabad

Landlords found evading taxes, sent notices by FBR

It has come to the fore, that three out of four people who were declaring agriculture as the source of income aren’t paying tax on agriculture income in provinces

Govt mulling to float sukuk bonds for financing circular debt

The sukuk issuance is planned for later this month, subject to the stakeholders reaching an agreement on the terms and conditions

Pakistan lacks representation in IMF

ISLAMABAD: The slot of International Monetary Fund (IMF) executive director has been vacant for almost two years. Sources said that the Pakistan Muslim League-Nawaz...

Govt on track to streamline dwindling economy: Asad Umar

ISLAMABAD: With a focus to reach out to the poor, the Pakistan Tehreek-e-Insaf government, despite inheriting worst financial and current account crisis, has...

Pakistan likely to receive financial assistance from China after JCC meeting

Pakistan may get short-term lending of $2 billion from Industrial and Commercial Bank of China  ISLAMABAD: As Pakistan still awaits financial assistance from...

Auto sales nosedive 17% YoY to 17,442 units in November

On a month-on-month basis (MoM), auto sales declined 30% to 17,442 units in November against 24,850 units in October

Merchandise exports up by 1.29pc in five months

ISLAMABAD: The country's merchandise exports during the first five months of the current fiscal year increased by 1.29 per cent as compared to...

‘Govt striving hard to address low gas pressure issue’

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan said on Tuesday that steps were being taken to rectify the problem of low gas pressure faced...

PM reaffirms govt’s commitment to facilitate foreign investors

ISLAMABAD: Prime Minister Imran Khan reiterated on Tuesday said that the government is committed to providing an enabling environment to all the investors...