Pakistan among top 5 countries in infrastructure investment worldwide
ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...
ICCI, MCI discuss setting up Metropolitan Commerce Unit
ISLAMABAD: Islamabad's Mayor, Sheikh Anser Aziz visited the Islamabad Chamber of Commerce and Industry (ICC) and discussed the possibilities of setting up...
Three mega LNG-based power plants fail to produce electricity: ICST
ISLAMABAD: Islamabad Chamber of Small Traders (ICST) on Thursday said three mega LNG-based power plants have failed to produce electricity despite repeated...
PSQCA committed to raising quality standards in Pakistan: Dr Barkat
KARACHI: The Pakistan Standards and Quality Control Authority (PSQCA) as a national standards body, is committed to play its multidimensional role of...
Engro Fertilizers’ ‘Aam Aadmi Nahin’ recognised at PAS Awards 2018
ISLAMABAD: Engro Fertilizer’s campaign “Aam Aadmi Nahin” has recently been recognised at the PAS Awards 2018, an initiative of Pakistan Advertisers Society,...
Foreign reserves shrink by another $94.3mn
LAHORE: Foreign reserves held by the State Bank of Pakistan (SBP) decreased by $94.3 million to $17,545.5 million during the week ended...
British trade minister assures Pakistan greater market access post-Brexit
ISLAMABAD: British Minister of State for Trade Policy Greg Hands has assured to work with Pakistan to promote it as a safe destination...
Massive demand for Pak cement in South Asian, African markets
KARACHI: The export of cement to India and Vietnam is viable through land routes since there is a huge demand for Pakistani cement...
Current account deficit expands by 50 pc
KARACHI: The current account deficit in the first nine months of 2017-18 has amounted to $12 billion, up 50.5 per cent from...
Ministry of commerce to submit final draft framework of e-commerce policy
ISLAMABAD: After accommodating the recommendations of Prime Minister Secretariat, the Ministry of Commerce (MoC) is going to submit the final draft of...
Market Daily: KSE 100 continues southbound, drops 90.86pts
LAHORE: Taking its inspiration from the previous session, the 100 Index on Thursday, continued its southbound journey, falling 90.86 points to 45387.77, as...
CCP concludes open hearings on issues related to real estate sector
KARACHI: The Competition Commission of Pakistan (CCP) concluded three open hearings on the real estate sector in Pakistan to give an opportunity to...
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it...
How HSBC went kaput three times trying to establish a presence in Pakistan’s banking sector
LAHORE: Many foreign banks have forayed into Pakistan’s banking sector with aplomb in the last few decades, namely Citibank, Barclays, HSBC, Crédit...
Meezan Bank announces Rs2.34bn Q32018 profit after tax
LAHORE: Meezan Bank in a notification to the Pakistan Stock Exchange (PSX) released its financial results for the quarter ended March 31,...