Market Daily: Third day of recovery as KSE‐100 index adds 278 points
LAHORE: Recovery phase of the Pakistan Stock Exchange entered its third day on Thursday. Market bulls managed to maintain their control over...
Irfan Wahab Khan elected as OICCI president
KARACHI: Telenor Pakistan CEO and President Irfan Wahab Khan has been elected as the President of the Overseas Investors Chamber of Commerce...
Satisfying FATF remained an exercise in futility
ISLAMABAD: Pakistan, to the dismay of many has been placed on the FATF grey list. However, massive steps were taken by state...
Pakistan, OECD to strengthen cooperation in tax, socio-economic matters
ISLAMABAD: Pakistan and the Organisation for Economic Cooperation and Development (OECD) would further strengthen their cooperation in various areas including tax-related matters...
JS Global’s Pakistan Investment conference ends in US
KARACHI: JS Global Capital (JSGCL), Pakistan’s leading brokerage and investment banking firm, organised the third of its kind Pakistan Investment Conference 2018...
Economists urge avoiding IMF, focus on amnesty as FATF puts Pak on grey list
ISLAMABAD: Despite concentrated efforts to avoid the inclusion, Pakistan has officially been placed on the Financial Action Task Force (FATF) 'grey list' on...
Pakistan’s gross borrowing requirement stands between 27-30 percent of GDP: Moody’s
Pakistan (B3 negative) alongside Argentina (B2 stable), Ghana (B3 stable), Mongolia (B3 stable), Sri Lanka (B1 negative), Turkey (Ba2 RUR-), Zambia (B3 stable) are the most vulnerable to a US dollar appreciation
SMEDA facilitated Rs29.73 billion investment in last ten years
SMEDA supported up-gradation of 27 existing SME clusters by providing them common facility centres of worth Rs 2.772 billion as PSDP (Public Sector Development Programme) projects.
China eager to expand and promote FTA with Pakistan
The diplomat expressed confidence that the China-Pakistan Economic Corridor (CPEC) would lead to regional connectivity for the benefit of not only Pakistan and China but all neighbouring countries
Pakistan sugar exports touch new high, fetch $474 million for national exchequer
Pakistan's sugar production recorded a decline of 7 percent during July-April of FY18, touching 6.464 million tons against 6.969 million tons in the same period of FY17
Govt approves hike in margins of petrol, diesel sales
Petroleum Division announced a rise of 9 paisa per litre for OMCs on petrol and 12 paisa for dealers which means margins for the former would increase up to Rs2.64 per litre from Rs2.55
FATF officially sanctions to put Pakistan on ‘grey’ list
A 26-point action plan has been designed spanning a period of 15 months to avoid being blacklisted by the Financial Action Task Force (FATF)
Nepra releases new guidelines for tariff determination of power projects, equity participation
For hydropower projects having capacity up to 50 megawatts and construction periods crossing two years, a spread not surpassing 2.5 percent over Kibor will get authorized
Profit repatriation grew 18.67 percent during July-May FY18
Profit repatriations from power companies during July-May FY18 were recorded at $231.6 million against $164.3 million in the corresponding period of last year
Land troubles plague Dasu hydropower project
The next six months are crucial for the 2,160MW Dasu Hydropower plant as the acquisition of land close to the site area...