Greatly anticipated Samsung Galaxy Note 9 launched in Pakistan
LAHORE: Samsung Electronics Co., Ltd. launched the latest addition to its premium Note series with Galaxy Note 9. The Note series has been recognized for including...
SBP’s reserves go down by $383m in last 15 days
KARACHI: The total reserves of the State Bank of Pakistan (SBP) declined by $383 million in the last 15 days as the country’s...
Pakistan only better than Myanmar, Bangladesh in ‘ease of doing business’
Ranks 147 out of 190 in the global list of ranked countries
Stocks nosedive 960 points after Shehbaz’s arrest
KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodshed on Monday, with the KSE-100 Index plunging over 1,000 points intraday amid political unrest.
Global...
Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18
KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...
Govt contemplating to transfer financial risks of ML1 project to contractors
Minister for Planning and Development Khusro Bakhtiar said on Thursday that the government was considering the possibility of finishing the $9 billion ML1 project of Pakistan Railways on a build-operate-transfer (BOT) basis
Govt considering raising another $500 million to $1 billion via Eurobond
LAHORE: Merely months after raising $2.5 billion in end-November via Eurobond and Sukuk issue in international markets, the government is considering floating...
UK economy will shrink without Brexit deal: IMF
Britain’s economy will shrink if the country leaves the European Union (EU) next year without a Brexit deal and any deal will...
Market Daily: Benchmark KSE-100 index gains 414.36 points
LAHORE: After bloodshed in the last session, investors at the Pakistan Stock Exchange (PSX) were hoping for a normal day. As global...
SBP keeps policy rate unchanged at 7pc
KARACHI: The State Bank of Pakistan kept the main policy rate unchanged at 7 per cent, a statement by the central bank said...
Cement exports rise by 8.1pc in two months
ISLAMABAD:Â The export of cement from the country increased by 8.01 per cent to $48.535 million during first two months of the current...
SBP reserves fall $82m to $12.9bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped 0.63pc on a weekly basis, according to data released...
Spotify to launch music streaming services in Pakistan
'In the next few days, Spotify will launch services in 85 new markets across Asia, Africa, Caribbean, Latin America'
Suspension of bilateral trade to hurt India more
ISLAMABAD:Â Pakistan's decision to suspend bilateral trade with India is likely to cost New Delhi around $1.891 billion per year.
According to sources in...
Standard Chartered expects lower inflation, no further hike in policy rate
The State Bank of Pakistan (SBP) has delivered broadly in line with the Standard Chartered Bank's expectations so far in the current...