Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
Govt keen to see Pakistan as emerging hub of economic activity: Rana Afzal
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan said that the government is keen to see Pakistan as an emerging...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD:Â As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...
Banking industry profits plummet by 17pc
KARACHI: The net profit earned by the country’s banking industry in 2017 was Rs157.8 billion, down almost 17 per cent from a...
Mobile phone imports reach $526.036mn in eight months
ISLAMABAD: Mobile phone imports in the country have witnessed a growth of 14.51 per cent in the first eight months (July-February) of...
Dollar trading at Rs116 in open, Rs115.5 in interbank markets
KARACHI:Â The US dollar stands at Rs116 in the open market and at Rs115.50 in the interbank market, Forex Association President Malik Bosan...
ICCI voices concerns over steep fall of rupee against dollar
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has voiced serious concerns over the sharp fall in the value of Pakistani...
Pakistan open for all investors not just China, says minister
ISLAMABAD: Pakistan expects net foreign direct investment (FDI) to jump about 60 per cent in 2017/2018, Pakistan’s Board of Investment chairman said, but...
Eleven companies from Pakistan exhibit at Automechanika Istanbul 2018
KARACHI: Eleven companies from Pakistan will take part in the Automechanika exhibition to be held from April 5 to 8, 2018 in Istanbul.
Automechanika Istanbul...
Textile exports touch $8.8bn, up 7.2pc YoY in July-February 2017-18
KARACHI: Pakistan textile exports increased by 7.2Â per cent Year on Year (YOY) in February 2018 to $1.1 billion primarily led by an...
General Tyres, Continental Global Holding Netherlands renew technical services agreement
LAHORE: In a notification to the Pakistan Stock Exchange (PSX), General Tyre and Rubber Company of Pakistan Limited (GTR) announced the renewal...
KeepTruckin raises $50mn for technology expansion
LAHORE:Â KeepTruckin a technology company owned by a Pakistani, Shoaib Makani, has raised $50 million to develop additional products and help it expand,...
Olivia bluntly copies BBlunt commercial
LAHORE: A 40-second commercial featuring India’s Kareena Kapoor endorsing Olivia hair colour brand owned by Pakistan’s Maskatiya Industries seems to have stirred...
Accord with ADB inked for power distribution
ISLAMABAD: Economic Affairs Division and the Asian Development Bank (ADB) have signed loan and project agreements worth $260 million for the Second...
International Consumer Product Fair 2018 commences at Karachi Expo Centre
KARACHI: The International Consumer Product Fair 2018 (ICPF-2018) commenced at Karachi Expo Centre here on Tuesday. Sindh Minister for Transport and Mass...