ADB assigns $335mn for Peshawar bus corridor, $100mn for investments in Sindh

ISLAMABAD The government has signed an agreement with Asian Development Bank (ADB) for a $ 435 million loan for two important projects. The...

Overseas Pakistanis remit $3.5bn, up by 13.17pc in first 2 months of FY17-18

KARACHI Overseas Pakistani workers remitted $ 3.496 billion, up by 13.17 per cent in the first two months (July to August) of 2017-18,...

USF Policy Committee meeting approves annual budget worth approx Rs14bn

ISLAMABAD Universal Services Fund Company (USF) Policy Committee meeting, Tuesday, approved the annual budget of worth approximately 14 billion of USF for the...

VMware, Meezan Bank to expand IT Infrastructure through virtualisation

ISLAMABAD VMware Inc., a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank, Pakistan’s first and...

Market daily: stocks see small rise after tumultuous session

LAHORE Tuesday saw another roller coaster ride for investors at the Pakistan Stock Exchange. The market participation was meagre and the stocks rebounded...

Successful effort underway to address the energy crisis: Sartaj Aziz

ISLAMABAD Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi-dimensional energy crisis in the past decade. Power shortages coupled...

Silkbank striving to capture digital market: Shaukat Tarin

KARACHI Advisor to Chairman of Silk Bank Shaukat Tarin, Monday said the Silkbank is striving hard to capture the digital market in Pakistan as the...

Fruits worth $19.493m, vegetables $10.330m were exported in July

Islamabad: 24,393 metric tons of fresh fruits worth $19.483 million were exported during the first month of current financial year as compared...

Shamim Firpo deplores FPCCI for filching KCCI’s research report

KARACHI Karachi Chamber of Commerce and Industry President Shamim Ahmed Firpo, while referring to recent comments by FPCCI Executive Member Mian Zafar Iqbal...

Pakistan’s tax revenue stood at 12.6pc of GDP in 2016 says: ADB

Islamabad: Pakistan's total tax revenue experienced gradual increase from 10.6 per cent of Grand Domestic Product (GDP) in the year 2000 to...

Palm oil imports surge by over 68pc in July

ISLAMABAD The palm oil imports into the country surged by 68.56 per cent during the month of July 2017 compared to the same...

Commerce minister lauds IPO-Pakistan’s performance, pro-active approach

ISLAMABAD Federal Minister for Commerce, Muhammad Pervaiz Malik has lauded the role of Intellectual Property Organisation (IPO-Pakistan) in protecting the intellectual property rights...

Delegation of AIIB calls on Sartaj Aziz, assures Pakistan future support

ISLAMABAD A delegation of Asian Infrastructure Investment Bank (AIIB) led by its Vice President Pandian called on Planning Commission Deputy Chairman Sartaj Aziz...

2nd Pakistan Banking Awards to be held in Karachi

Karachi The 2nd Pakistan Banking Awards 2017 will be held this month at a local hotel in Karachi with an aim to highlight...

Pakistan moves to join ITA-II, reinvigorate IT investment

ISLAMABAD Pakistan has decided to formally join the Information Technology Agreement (ITA) by signing the second phase of the agreement (ITA-II), the decision...