Global economy to expand by 3.1pc in 2018, slower growth seen ahead

ISLAMABAD: Despite the recent slowdown, global economic growth will remain robust at 3.1 per cent in 2018 before lagging gradually over the...

Dutch company to set up Pakistan’s largest egg processing factory in Bin Qasim

KARACHI: Frisian Egg, a Netherlands based multinational egg processing company, is setting up Pakistan's largest egg processing factory in collaboration with a...

SBP sells T-Bills worth Rs1,334.16 billion

The State Bank of Pakistan conducted an auction on Wednesday in which it sold Treasury Bills (T-Bills) worth Rs1,334.16 billion for 3 and 6 months.

Finance Minister Dr Shamshad Akhtar directs FBR to up its game 

ISLAMABAD: The Minister for Finance, Revenue, Economic Affairs, Statistics and Planning and Development Dr Shamshad Akhtar chaired a meeting here on Wednesday to review...

Market Daily: Indices continues upward rally, adding gains for five straight sessions

PSX continuing its positive momentum for five straight sessions, the index crossed 44,000-mark on Wednesday

PM directs Finance Division for long-term structural reforms for next govt

ISLAMABAD: Prime Minister Justice (Retd) Nasir-ul-Mulk Wednesday directed the Finance Division to formulate a comprehensive strategy containing immediate measures and a blueprint for long-term...

External financing to reach over $11.6bn in 2018-19

KARACHI: The total inflows of external financing are expected to the tune of over $11.653 billion during the upcoming fiscal year (2018-19). “Total...

Govt should take steps to control surge in power outages, demands ICCI

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President, Muhammad Naveed Malik has called upon the government to take urgent measures...

PSO barely surviving backlog of Rs304b

LAHORE: The outstanding receivables position of Pakistan State Oil (PSO) remains at a historic high at Rs304 billion despite receiving Rs50 billion...

KASB Bank shareholders seek Rs14b compensation

Negative valuation AF Ferguson dubbed as mala fide

Lame duck PML-N govt blocks building third LNG terminal

With competition nipped in the bud, the consumers shall pay the tab ISLAMABAD: The lame duck PML-N government, whose tenure ended on May 31,...

Extension in Pak-China currency swap deal termed ‘pleasing’

LAHORE: The business community on Tuesday welcomed the extension in the currency swap agreement between Pakistan and China terming it beneficial for the local...

A strong comeback: KIA launches Frontier K2700 pickup truck in Pakistan

In a short time, more KIA dealerships will be opening up across Pakistan, says KIA CEO

Another fake company loots over Rs240mn from 700 people in GB

ISLAMABAD: Over Rs200 million investment in a suspected online company, Pay Diamond, by as many as 700 people in the Ghizer district...

Pakistan exported record 370,000 tons of Kinnow in 2017-18

ISLAMABAD: Despite the unfavourable circumstances and various obstacles, Pakistan has exported a record 370,000 metric tons of Kinnow this year making it...