Pakistan to decide on $12 billion bailout in six weeks
Asad Umar says no formal talks held as yet
ISLAMABAD: Pakistan may need more than $12 billion to halt an impending financial crisis...
LCCI launches ‘Classified Directory of Trade and Industry’
LAHORE: The Lahore Chamber of Commerce and Industry Wednesday launched the “LCCI Classified Directory of Trade and Industry” which ha as vast range of business data.
The...
MCB Bank announces financial results for half year ended June 30
LAHORE: The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on August 01, 2018 to...
Circular debt surges to Rs1080b from Rs106b in 2008
ISLAMABAD: A meeting of the Senate Special Committee on Circular Debt was held here in Parliament House under the Chairmanship of Senator...
Master Motor hands over OGRA compliant vehicles to PSO for POL transportation
KARACHI: “Master Motor Corporation Ltd. (MMCL) in pursuit of its commitment to the safe transportation of petroleum products has developed vehicles in...
Meezan Bank’s credit ratings upgraded to AA+/A-1+ by JCR-VIS
KARACHI: JCR-VIS Credit Rating Company Limited has upgraded the entity ratings of Meezan Bank Limited to ‘AA+/A-1+’ (Double A Plus/A-One Plus). JCR-VIS has...
Pak Suzuki increases prices on its models by Rs20,000 to Rs45,000
KARACHI: Following the rupee devaluation of up to 15-17 per cent, Pak Suzuki Motor Company Ltd (PSMCL) has increased its car prices...
Pakistan’s CPI inflation surges by 5.8pc in July 2018
KARACHI: The country’s Consumer Price Index (CPI) inflation surged by 5.8 per cent on a year-on-year basis (YoY) in July 2018 as compared...
Market Daily: PSX wraps up with sluggish display, ending in green
LAHORE: The Pakistan Stock Exchange (PSX) put up a confused show on Wednesday. Indices swayed in both directions but managed to close...
Caretaker govt fails in recommending gas prices proposed by OGRA
ISLAMABAD: Two state-owned gas utilities, SNGPL and SSGCL are facing with severe financial constraints while the caretaker government has so far not...
CPEC to generate 1.2m jobs by 2030: study
ISLAMABAD: China Pakistan Economic Corridor (CPEC) has a potential to create a total of 1.2 million direct jobs through its currently 42...
$10b Pak-Russia offshore gas pipeline deal under negotiations
ISLAMABAD: Bilateral negotiations are in progress to finalise a Memorandum of Understanding (MoU) for an offshore pipeline deal, aimed at supplying gas...
Pakistan dismisses US concerns about IMF bailout
ISLAMABAD: Pakistan on Wednesday dismissed US concerns for 'a new International Monetary Fund (IMF) bailout for the South Asian nation are to...
Pakistan’s ambassador to US eyeing stronger economic relations
KARACHI: More companies from the United States (US) will soon come to Pakistan with various steps being taken to boost bilateral trade...
In Iran, economic worries grow as new US sanctions loom
TEHRAN: Iran’s currency plummeted to a record low on Monday, a week before the United States restores sanctions lifted under the unraveling nuclear...