Subhani’s group to invest $3 billion in country’s real estate, energy and other sectors
LAHORE: Subhanis Group through its partner BMS International Commercial Investment is set to invest $3 billion in Pakistan’s real estate sector, energy,...
PM calls CCoE meeting in Karachi to resolve K-Electric, SSGC dispute
ISLAMABAD: As the row between K-Electric and Sui Southern Gas Company (SSGC) continues, the federal government is anticipated to establish a mechanism...
FBR seeks major raise in FED on sale of cigarettes
KARACHI: The Federal Board of Revenue has recommended a massive rise increase in federal excise duty (FED) on the sale of cigarettes...
Companies seeking listing on PSX have declined in last year: Report
KARACHI: Entities jostling for a potential initial public offering (IPO) on the Pakistan Stock Exchange have fallen in the last one year,...
No imminent devaluation of the rupee in the near-term: Governor SBP
LAHORE: State Bank of Pakistan, Governor Tariq Bajwa in an interview said due to low inflation and solid growth there was no...
Pakistan to get ‘Guest of Honor’ status at Shanghai expo
ISLAMABAD: The message from China is of hope when it says that Pakistan could further boost its bilateral trade with China, and...
Tech to be introduced in power sector to enhance efficiency: Minister
ISLAMABAD: Minister for Power Division, Awais Leghari has said the government plans to introduce a technology-based system in the power distribution companies...
ICST seeks relaxations for agriculture sector in the upcoming budget
ISLAMABAD: Terming the agriculture as the backbone of the economy, Islamabad Chamber of Small Traders (ICST) Sunday demanded purposeful relaxations for this...
Budget is being prepared to trap next government in financial difficulties: experts
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...
Islamic banking investments rise 1.8pc in Oct-Dec
ISLAMABAD: Net investments of the Islamic banking industry have recorded an increase of 1.8 per cent (Rs9 billion) during the quarter from...
SBP’s role in BankIslami-KASB bank merger was “breaches of statutory duty”: SHC
LAHORE: The Sindh High Court (SHC) has directed the State Bank of Pakistan (SBP) to re-examine the valuation of the defunct KASB...
Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan
ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF,...
Pakistan to produce over 1,000 MWs of clean energy through wind power
KARACHI: Pakistan is all set to produce over 1000 Megawatts (MW) of clean electricity through wind energy alone in the current year,...
‘Trade War’ intensifies: Chinese tech giant cries foul, opens up on US denial of export orders
ISLAMABAD: China's technology giant ZTE has opened up on the controversy regarding its Export Control Compliance Regime, making it clear that within...
Pakistan’s mobile internet users stand at 21 percent of the population: Report
LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according...