Intra-day trading: KSE-100 crosses 50,000 points, touches record high

The Pakistan Stock Exchange (PSX) continued its record-breaking upward trajectory Tuesday (today) with the KSE-100 index testing the 50,000 barrier in intraday trading for...

Pakistan’s GSP plus status in jeopardy

  Pakistan’s GSP Plus status is in jeopardy as the government has still not prepared a report to respond to the queries raised by UN’s...

Strong deposit growth bodes well for Pak banks

  Deposits at Pakistan’s commercial banks reached Rs11.2 trillion as of December 30, 2016, some 20.4 per cent year-on-year growth in deposits compared to the...

PSX touches record height of 49,876 points

  On first day of the business week, Pakistan Stock Exchange (PSX) on Monday closed at the highest level in its history by trading up...

Seven latest locomotives reach Pakistan from US

 A consignment of seven new modern locomotives has reached Karachi from the United States to reinforce Pakistan Railways’ existing fleet.“Pakistan will receive a total...

ADB provides $196m loan for highways

  Pakistan and Asian Development Bank (ADB) on Monday signed $196 million loan agreement for the post-flood national highways rehabilitation project.The loan agreement was signed...

Pakistan, China decide to include new projects in CPEC

The Joint Coordination Committee (JCC) has agreed, in principle, to include Keti Bunder Sea Port Development project, as well as Naukuridi-Mashkhel-Panjgur road project (which...

FDI increases to 10 pc in July-Dec

FDI faces oscillating trend despite CPEC investmentsThe State Bank of Pakistan (SBP) disclosed that for the period July to December 2016 the Foreign...

CDWP approves 18 projects worth Rs 154 bn

ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday approved significant projects to transmit electricity from the power plants to the national grid for...

Pakistan poised to enter ‘hot zone’ economic activity, says Nestle MD

Citing improving economic growth, better law and order situation and easing energy crisis, Pakistan Nestle’s Managing Director and Chief Executive Officer sees Pakistan poised...

Dar commends CDNS for becoming member of Automated Clearing System

 ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar on Saturday commended the Central Directorate of National Savings (CDNS) for becoming a member of the...

APBF urges equitable CPEC benefits for all provinces

ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) project is a transnational project which promises faster growth and infrastructural development of the whole region and it...

Pakistan made significant improvements in infrastructure, energy sectors: report

ISLAMABAD: Nikkei Asian Review says Pakistan had recently witnessed significant improvements in its infrastructure and energy sectors due to vigorous efforts by Prime Minister...

Economic indicators show positive growth in first half

ISLAMABAD: Despite several challenges, the prudent strategy adopted by the incumbent government helped achieve the macroeconomic stability and now the economy is on a growth...

Despite rising banks, US stocks split

NEW YORK: Wall Street has tread water on Friday, with the Dow Jones Industrial Average finishing lower for the second day in a row...

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