Palm oil imports up by 7.06pc to $2.039bn
ISLAMABAD: The imports of palm oil into the country witnessed an increase of 7.06 per cent during the fiscal year 2017-18 as...
PEPCO continues to function despite directions for dissolution by the former cabinetÂ
ISLAMABAD: Despite the directions passed by the Peshawar High Court (PHC) in 2011 and a decision by the then federal cabinet for...
Investors to keep track on potential inflows from multilateral institutions
LAHORE:Â Experts believe that investors are going to keep a strict check on the economic development of the country with regards to its...
Various hydropower projects along River Indus neglected due to govt inefficiencies
ISLAMABAD: The previous government of Pakistan Muslim League Nawaz (PML-N), which facilitated the coal, LNG and solar powered plants to meet the...
World Bank’s insurance arm issues guarantee for $66m loan to Sojitz Corporation
The guarantee issued by WB’s insurance arm will assist the construction, design and operation of a Hyundai vehicle assembly plant to be established in Lahore
Chinese investment in Pakistan under increasing scrutiny
ISLAMABAD:Â With the economy in shambles amid a major balance of payments crisis and rapidly depleting foreign reserves, Pakistan needs urgent financial help....
Malaysian businessmen hesitant in investing in Pakistan due to security issues
KARACHI: According to the Consul General of Malaysia in Karachi, many Malaysian companies are interested in investing in Pakistan but are afraid...
Islamic Banking Industry’s assets grow by 12.4pc
ISLAMABAD: The Islamic Banking Industry (IBI) has grown considerably as its assets witnessed a growth of 12.4 per cent by the end...
SECP for increasing claim amount for road accident victims
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) aims to make necessary amendments to the Motor Vehicles Act, 1939, for smooth implementation...
K-Electric powering Karachi’s progress for over 100 years, says KE CMO
KARACHI: Pakistan is a vibrant and rich society full of potential with the means to realise it. As responsible citizens, it is...
Market Daily: Bears out in force as PSX loses 82 points
LAHORE:Â The Pakistan Stock Exchange (PSX) had another crazy session on Friday where the indices swung violently. Bulls tried to make a strong...
SBP may object to making ‘Wealth Fund’ for privatising PSEs: economists
ISLAMABAD: While the finance minister-in-waiting Asad Umar has claimed that his government during its first 100 days, will create a ‘wealth fund’ to...
Pakistan’s rank in the Global Innovation Index reveals dreary conditions
LAHORE: The 2018 Global Innovation Index was recently released analysing countries on the basis of their performance in innovation output, energy efficiency,...
Meat export’s reliance on water footprint
LAHORE: As Pakistan look towards increasing its exports, the meat industry has seen considerable interest coming in from major business groups in...
Overseas Pakistanis remit $1.93bn in July
KARACHI: Overseas Pakistani workers remitted $1.929 billion in the first month (July) of 2018-19 as compared with $1.541 billion received during the...