Increased economic cooperation between Pak, Russia urged
KARACHI: Sindh Board of Investment’s Chairperson, Naheed Memon on Tuesday emphasized the need for increased economic and regional cooperation and bilateral trade...
LPG prices surge due to shortage
Karachi: Federation of Pakistan Chambers of Commerce and Industry Standing Committee LPG Chairman Irfan Khokhar said on Wednesday that liquefied petroleum gas...
Volkswagen to invest over $2bn in Chinese electric vehicle sector
BEIJING: Volkswagen, the German car company, said Friday it will invest around €2 billion ($2.2 billion) in two Chinese companies in the...
Pakistan to borrow $1bn from China, as traditional lenders withhold loans
LAHORE: As inflows from traditional lenders are expected to fall below budgeted projections, Pakistan has initiated talks with a Chinese financial institution...
Market daily: bears return to work as PSX stocks take a dip
LAHORE
Investors at the Pakistan Stock Exchange (PSX) saw the indices bleed again on Wednesday. After a day’s calm, bears were back at work...
PIA, PSM privatisation guaranteed if present govt remains in power
ISLAMABAD: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Division Miftah Ismail hinted that if the Pakistan Muslim League (PMLN)Â was...
PM reiterates govt’s commitment to investor facilitation
ISLAMABAD:Â Prime Minister Imran Khan said on Friday that the government was committed to providing an enabling environment to the investors so that...
ECC constitutes committee to oversee implementation on Ramadan Package
Finance minister says budgetary needs of many organisations were not assessed properly during the preparation of last year's budget
ISLAMABAD:Â The Economic...
KSE-100 recovers to close 64 points higher
KARACHI:Â After bleeding for most part of the day, the Pakistan Stock Exchange (PSX) managed to stand its ground and ended the session...
FPCCI lauds ECO summit, terms it milestone
Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has hailed the 13th summit of Economic Cooperation Organization (ECO) held on Wednesday...
SBP reserves drop $59m to $12.8bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell 0.45pc on a weekly basis, according to data released...
Pakistan dismisses US concerns about IMF bailout
ISLAMABAD: Pakistan on Wednesday dismissed US concerns for 'a new International Monetary Fund (IMF) bailout for the South Asian nation are to...
Bulls charge back with 1,208-point rally; index crosses 29,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) turned its fortunes on Tuesday, with the benchmark KSE-100 Index accumulating over 1,000 points to cross...
‘Rs7.25bn allocated for electrification of erstwhile FATA’
Minister says Power Division has developed a ‘Project Management Software’ to keep a record of all projects in erstwhile FATA
CCP serves show cause notice to 6 battery manufacturers
KARACHI
The Competition Commission of Pakistan (CCP) has issued show cause notices to six battery manufacturers for misleading consumers and engaging in deceptive...