Dar unveils Economic Survey 2016-17

Finance Minister Ishaq Dar while unveiling the economic survey 2016-17 today said that the economy had grown 5.28pc in the current financial year (FY)...

SBP session on EIF held at RCCI

An awareness and interactive session on Electronic Import Form (EIF) was organised by the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Friday....

Overseas Pakistani workers remit $19.3bn during 2016-17

KARACHI Overseas Pakistani workers remitted $19,304 billion in fiscal year 2016-17 down by 3.1 per cent or $610 million, compared with $19,917 billion received during...

Fertilizer makers to face pressure on margins despite peak demand

LAHORE Fertilizer makers may keep on facing pressure on margins despite the peak demand season where a pricing pressure would persist on both export and...

Polish company to drill 14 exploration wells for hydrocarbon reserves

Islamabad: A Polish oil and gas company, PGNiG, would drill 14 exploration wells in hydrocarbon potential areas during the current year. "The company has planned...

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.

Pakistan’s economy saw growth despite a fall in external trade says: ADB

Karachi: Asian Development Bank (ADB) in a statement on Friday said Pakistan’s economy had grown besides a decrease in external trade, reported a local newspaper. According...

Exports up by 13.2pc in last 3-months, SBP governor says

KARACHI: SBP Governor Tariq Bajwa has said that recovery in exports that started in the second half of FY17 and continued in the current fiscal...

Market daily: stocks bleed amid low investor confidence

LAHORE Wednesday also failed to change fortunes for investors at the Pakistan Stock Exchange (PSX). Market participation as per recent trend was low and those present...

SECP approves vital regulations for capital market, corporate governance 

ISLAMABAD:  The Securities and Exchange Commission of Pakistan (SECP) in its Commission meeting has passed regulations concerning capital market, insurance and corporate governance. In this regard,...

PSX ends flat despite early gains

KARACHI: The Pakistan Stock Exchange (PSX) started the trading session on Tuesday on a positive note but failed to hold its ground and ended the...

CPEC ‘curtailment’ under stricter IMF programme, warns Fitch

ISLAMABAD: The US pressure could lead to ‘stricter’ conditions by the International Monetary Fund (IMF) to bail out Pakistan, including curtailment of China-Pakistan Economic...

SBP to increase financial assistance for SMEs

ISLAMABAD: The State Bank of Pakistan (SBP) has set a target of increasing financial inclusion of SMEs from the current six to eight per...

Market Daily: Indices shed as policy rate surges to 6pc

LAHORE: The Pakistan Stock Exchange (PSX) ended a jittery week almost flat. With no major development on the political front and absence of any...

OICCI Business Confidence Index on downward trajectory

The Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey – Wave 14 on May...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

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Punjab mining officials booked over illegal extraction of gold from Indus...

LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of gold worth...