Market Daily: KSE 100 continues to rally for third session, gains 271 points

LAHORE: Bulls of the Pakistan Stock Exchange (PSX) showed strength on Thursday as the cement sector advanced. The star sector since the...

Bosnian Ambassador urges business community to explore opportunities in Bosnia

KARACHI: The Ambassador of Bosnia and Herzegovina Sakib Foric has urged the business and industrial community of Karachi to explore investment opportunities in Bosnia...

Bank’s high level exposure to low-rated government securities, a major risk, says: Moody’s

LAHORE: International credit rating agency, Moody's, has kept a stable outlook for Pakistan’s banking sector stimulated by a growing economy, enhanced domestic...

Local cement prices increase by Rs 10 per bag

According to AKD Research, cement prices in the northern region have increased by Rs 10 per bag. Previously, cement prices had largely remained...

Pakistan’s CPI surges by 3.8% in February 2018

KARACHI: The country’s Consumer Price Index (CPI) which measures average change over time in the prices for a market basket of consumer...

OMV Pakistan divests upstream business to United Energy for $192 million

KARACHI: OMV AG, the Vienna-Austria-based integrated oil and gas company, has agreed to sell its upstream, exploration and production, business in Pakistan to...

FBR to re-investigate missing containers case, hold inquiries against corrupt officials

ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case. In a meeting, the...

FBR registers 17.65pc revenue growth in first 8 months

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs2259 billion revenue during the first eight months of the current fiscal year 2017-18. The...

Punjab govt spent hefty amount for increasing yields: DC

SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to...

68th meeting of NA Standing Committee on Finance, Revenue and Economic Affairs held

ISLAMABAD: The 68th meeting of the Standing Committee on Finance, Revenue and Economic Affairs of the National Assembly was held here on...

Current Account deficit to reach $15-16 billion this year: MoF

ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to...

President for expanding trade ties with Jordan

ISLAMABAD: President Mamnoon Hussain Wednesday while stressing the significance of trade between Pakistan and Jordan, said regular exchange of trade delegations could...

Market Daily: KSE 100 breaks 43,000 mark

LAHORE: The Pakistan Stock Exchange (PSX) closed positive for the second consecutive session, with the benchmark KSE 100 index gaining 244 points...

Pak-Philippines JEC discuss trade, energy, agriculture

ISLAMABAD: The Inaugural Session of Pakistan–Philippines Joint Economic Commission was held in Islamabad on February 27-28. The session was co-chaired by Secretary Economic Affairs...

Capacity building of Secretary Generals and office bearers of trade organisations

KARACHI: Chairman Central, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Shaikh Mohammad Shafiq appreciated the initiative taken by Director General Trade...