Market daily: PSX retains investor interest after tumultuous trading

LAHORE The Pakistan Stock Exchange (PSX) attracted investors’ attention on Wednesday as volumes crawled up further. The benchmark KSE 100 index touched a peak of 43,435.92 with a...

Lamentable performance in health sector Punjab takes away Rs2.38bn HRTF grant

LAHORE Punjab has lost Rs 2.381 billion Health Results Innovation Trust Fund (HRITF) grant, following a lamentable performance in implementing Rs 12.751 billion Punjab Health...

September CPI may escalate to 3.75 percent

Lahore: The country’s Consumer Price Index (CPI) may escalate to 3.75 percent in September compared to 3.4pc last month, primarily owing to seasonal increase in...

KfW to keep providing assistance for development of water and hydro-electric projects in Pakistan

Lahore: A local newspaper reported that German financial institution KfW will keep providing assistance in the development of water and hydroelectric power resources in...

Centralized system should be established for telecom policy intervention says: PTA

Islamabad: Pakistan Telecommunication Authority (PTA), Chairman Ismail Shah on Tuesday said the government needed to establish a centralized system for telecom policy uniformity interventions...

Wheat and sugar exports surge by 100pc during July 2017

Islamabad: The exports of wheat and sugar from Pakistan during the first month of current financial year witnessed 100 percent increase as compared to corresponding...

Pakistan should take immediate policy actions to fix issues on external front, says: IMF

Islamabad: In an interview to a local publication, IMF Resident representative Tokhir Mirzoev said Pakistan required to initiate immediate reaction in policy actions to...

Provinces have rights under Article-158 on gas and oil discoveries: IPCC

Islamabad: Inter-Provincial Coordination Committee (IPCC) decided to handover all rights of future oil and oil gas discoveries to the respective provinces under Article-158 of...

K-Electric posts Rs32.75bn profit

KARACHI K-Electric (KE) held its 106th Annual General Meeting (AGM) for the FY 2016, chaired by Independent Director Khalid Rafi, in the presence of CEO...

Stemming the Tide: The Halting of Brain Drain in Pakistan vis-à-vis CPEC

BY: Muhammad Muzammil Zia & Ismail Pirzada, Centre of Excellence for China-Pakistan Economic Corridor, (CoE-CPEC) muzammil.zia@cpec-centre.pk LAHORE Since the independence of Pakistan, the South Asian drive and appreciation...

CPEC provided network to achieve win-win cooperation in Asia: Chinese Ambassador

ISLAMABAD Chinese Ambassador to Pakistan Sun Weidong has said that CPEC will provide important network and platform to achieve win-win cooperation in Asia and beyond. He...

Crossover Pakistan participates in mega IT event, ITCN Asia 2017

KARACHI Crossover Pakistan has carved its mark by becoming part of the biggest IT & Telecom event of Pakistan; ITCN Asia 2017. The 3-day event...

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)...

Toys ‘R’ Us files for bankruptcy protection in the US

LAHORE Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts. The firm was once a...

Market daily: PSX crosses 43,000pts among cheering investors

LAHORE In an exciting day of trading, the benchmark KSE 100 index settled beyond the 43,000 psychological level. Market participation almost doubled with low and...

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Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

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