Consumer prices for LPG raised by Rs7 per kg

ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...

Asad Umar considers massive privatisation drive via ‘wealth fund’

ISLAMABAD: Asad Umar, the man most likely to be the next finance minister of Pakistan, in an interview with the Financial Times,...

NEPRA to approve modification in FIPL’s generation license

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is set to take up proposed modifications in the power generation license of Fimcotex...

Engro Powergen Thar successfully tests, energises power plant

KARACHI: Engro Powergen Thar Limited (EPTL) Chief Executive Officer Ahsan Zafar Syed has announced that Pakistan has made history by achieving successful...

Foreign reserves enough to meet payments, PML-N govt’s budget ‘unrealistic’: Dr Shamshad Akhtar

ISLAMABAD: Caretaker Minister for Finance, Planning, Development and Reforms Dr Shamshad Akhtar Thursday said, currently foreign exchange reserves of the country stood...

Country’s dollar reserves jump by $1.339b to $17.079b

KARACHI: The dollar reserves of the State Bank of Pakistan (SBP) jumped by $1.339 billion during the last week and stood at...

Market Daily: KSE-100 closes in red after a shaky session

LAHORE: The Pakistan Stock Exchange (PSX) witnessed another jittery session on Thursday. The indices, after a decent beginning to the session, went...

SECP registers 1,076 new companies in July 

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,076 new companies in July. As compared to the corresponding month of the last financial...

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...