Business confidence exhibits fall before upcoming elections: OICCI
The outcome of the survey was hugely impacted by despondency in retail and wholesale trade whose business confidence nosedived to 6 percent against 40 percent in wave 15
Pakistan needs 1.3 million new jobs every year: UNDP
The hospitality sector, accommodation and food, directly linked to tourism, accounts for only 1.6 percent of the country’s total employment, said the UNDP report
NIC mandatory for buying/selling above $500: SBP
Exchange companies have expressed fears with the latest restriction, illegal traders would engage most of the sellers, which may lead to tightening of dollar supply in the kerb market.
NTDC can’t challenge international arbitration ruling in local courts
In September last year, London Court of Arbitration’s (LCA) fined Pakistan Rs11 billion partial penalty in a case brought forward by eleven IPPs
Pakistan contemplating to import 20,000 tons of cotton from Afghanistan
Import of cotton from Afghanistan is under consideration due to the prevailing water shortage in the country
Govt borrowed $1.5 billion from China from July to April
ISLAMABAD: The government has borrowed $1.5 billion from China in the first ten months of current fiscal year 2018-19.
Documents show that China...
Market Daily: KSE 100 nears 42,800 points, settles 1,100 points in the green
LAHORE: After the tepid but buoyant move on the first day of the week, market bulls woke up from their beauty sleep...
ECNEC approves development projects worth billions
ISLAMABAD: A meeting of the Executive Committee of the National Economic Council (ECNEC) at its meeting here on Tuesday approved phase three of overseas...
Suzuki, after Toyota, announces to suspend booking of non-filers
ISLAMABAD: Those willing to purchase or import new vehicles are left with no options but to become filers as the assemblers, after...
PLTC imposes $20 mn penalty on PGPC over delays in completion of LNG terminal
ISLAMABAD: Pakistan LNG Terminal Company (PLTC) has imposed another penalty worth $20 million on Pakistan Gas Port Consortium (PGPC) due to the...
Alibaba’s entrance to enhance Pakistan’s digital economy
Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.
US, EU investors interested in buying combined 9.59 percent stake in Meezan Bank
The other major shareholders in Meezan Bank are Islamic Development Bank and Pakistan Kuwait Investment Co
British NCA ranks Pakistan among top trio of money laundering nations in the UK
ISLAMABAD: The British government has ranked Pakistan among the top money laundering sources in England. Nigeria and Russia are the other two countries...
FPCCI prepares research report on textiles under PM’s instructions
ISLAMABAD:Â The Research and Development (R&D) department of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has prepared a detailed document...
Financial management key to successful businesses: SMEDA
LAHORE: Financial management is the main driving key to run a successful business. It was unanimously observed by the speakers while addressing...