SECP amends Securities and Futures Advisers Regulations, notification issued
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments to the Securities and Futures Advisers (Licensing and Operations) Regulations,...
Commerce Ministry suspends restriction on import of used cars
KARACHI: Ministry of Commerce and Textile has suspended Statuary Regulatory Order (SRO) 1027 on Friday that virtually brought the business of imported...
China encourages Pakistan to attract investment from alternate sources
BEIJING: China has encouraged Pakistan to attract foreign investment from multiple sources to alleviate concerns that China-Pakistan Economic Corridor (CPEC) would make...
Leading e-commerce companies demand ten-year tax holiday from government
ISLAMABAD: The leading e-commerce companies have demanded a ten-year tax holiday from the government to promote electronic businesses in Pakistan.
The representatives of...
Ghandara Nissan may restart production of Datsun cars
ISLAMABAD: Ghandara Nissan is expected to get approval from the government under the Brownfield category to restart production of Datsun cars under...
Pakistan’s food & oil imports spike up 26 percent
ISLAMABAD: The country’s food and oil import bill increased 26 percent on a year-on-year basis, touching $11.6 billion during first seven months...
Pakistan power sector losses will bulge to Rs360 billion in 2018
ISLAMABAD: As the government tall claims of ending power outages continue, Pakistan’s power sector losses are expected to touch Rs360 billion in...
Meeting to finalise new NFC to be held on March 1: Senate told
ISLAMABAD: State Minister for Finance Rana Muhammad Afzal Thursday apprised the Senate that a meeting to finalise new National Finance Commission (NFC)...
PPL challenges Petroleum Division SRO in IHC
LAHORE: In a notification to the Pakistan Stock Exchange (PSX), Pakistan Petroleum Limited (PPL) has challenged an unnumbered SRO by the Ministry...
FPCCI hails Haroon Akhtar’s statement on coal power projects
ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has hailed statement of Special Assistant to Prime Minister...
Market Daily: Investors fight back, KSE 100 gains 608.73 points
LAHORE: Investors at Pakistan Stock Exchange put their foot down and fought back after the market opened bleeding on Thursday morning. Political...
Computerisation of 223 National Savings centres completed to facilitate investors
ISLAMABAD: National Savings has completed the automation and computerisation of its 223 centres to facilitate investors and ensure more effectiveness in execution...
JCR-VIS reaffirms OGDCL’s rating at AAA and A-1 plus
KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the medium to long-term entity rating of Oil and Gas Development Company Limited (OGDCL)...
Foreign reserves at $18,828.7mn, down 6.13pc MoM basis
LAHORE: Foreign exchange reserves held by the State Bank of Pakistan (SBP) were recorded at $12,703.7 million, down $356.9 million or -2.73 per cent on...
WB to launch prosperity fund for Pakistan on Friday
ISLAMABAD: The World Bank (WB) in collaboration with United Kingdom (UK) Prosperity Fund would formally launch prosperity fund for Pakistan for the...