Plans to set up mini industrial estates in Sialkot

SIALKOT: The Punjab government is actively considering establishing mini industrial estates in remote and less-developed areas of the province. The aim of the...

Pakistan Capital Investment Summit, Expo 2018 to be held in Islamabad

LAHORE: Pakistan’s largest saving and investment show "Capital Investment Summit and Expo 2018" is to be held at the Pak-China Friendship Centre...

Value of e-banking transactions registers quarterly growth of 28pc

KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank...

Car sales increase 15pc in February

KARACHI: The sale of locally assembled cars and LCVs increased by 15 per cent year on year basis for the month of...

PM for joint efforts to take Iran-Pakistan trade to $5 billion by 2021

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan and Iran should work together and make their utmost efforts for enhancing...

Market Daily: Cements, E&Ps push KSE 100 by 400 points

LAHORE: The Pakistan Stock Exchange (PSX) had a lazy start to the week with narrow volumes. With lawmakers playing the number game...

Cash still in vogue and its use is rising: BIS

LONDON: Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza or...

Pakistan arm imports plunged 36 percent between 2008-12 & 2013-17: Report

LAHORE: A report released by Stockholm International Research Peace Research Institute (SIPRI) revealed Pakistani arms imports dropped 36 percent between 2008-2012 and...

Pakistan rupee due for another round of devaluation

ISLAMABAD: Jon Scheiber, CEO and partner at Tundra Fonder believes the Pakistani rupee is due for another round of devaluation and said...

Kacchi canal project investigation report comes under scrutiny

ISLAMABAD: The Ministry of Planning, Development and Reforms (MPDR) is set to table a position paper in the next Council for Common...

Govt contemplating issuance of Renminbi bonds

ISLAMABAD: The government is seriously considering issuance of Renminbi (RMB) bonds for settling its immense payment obligations with China without pressurizing the...

Unbundling of Sui gas companies hits snags

ISLAMABAD: The proposed unbundling of Sui gas companies appears to have hit snags, as it seems the gas sector reforms would be...

China reiterates trade war with United States would be disastrous for global economy

BEIJING: Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan said...

Rs7 billion investment expected from OMCs for establishment of storage infrastructure

KARACHI: An estimated Rs7 billion investment is expected over the next three years from upcoming oil marketing companies (OMCs) for establishment of...

Cash is far from dead and use is rising: BIS

LONDON (Reuters): Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza...