Debt pile: Pakistan’s commercial loans register staggering 189pc increase in one year
ISLAMABAD: The debt accumulated through commercial loans by Pakistan in last one year escalated by a shocking 189% or $3.5 billion, reported...
Food import cargoes languish at port due to stringent import polices
KARACHI: Tons of herbs and spice are languishing at the Karachi port, waiting to be offloaded due to stringent import procedures and...
FBR investigating fund manager to “unearth” Pakistani investors in UAE’s realty
KARACHI: The Federal Board of Revenue’s, Regional Tax Office in Karachi has enlisted the help of a fund manager to find out...
Senate approves setting up of tribunal to challenge Nepra decisions
ISLAMABAD: A key legal change has been approved by a senate body to clip the powers wielded by National Electric Power and...
Pakistan offers lucrative investment opportunities: President
ISLAMABAD: President Mamnoon Hussain on Thursday said that Pakistan was a land of opportunity and the government through good legislation and facilities...
Meezan Bank plans capital-boosting sukuk
SYDNEY: Meezan Bank, Pakistan’s largest sharia-compliant lender, aims to raise up to Rs7 billion ($63.34 million) through capital-boosting Islamic bonds, or sukuk, according...
No across the board withdrawals in NSS
ISLAMABAD: National Savings in a press release here on Thursday clarified that there have been no across the board withdrawals in National Savings...
Pakistan aiming at 6pc GDP growth, Haroon tells Turkish investors
ISLAMABAD: Special Assistant to Prime Minister on Revenue and Federal Minister Haroon Akhtar Khan said on Thursday that the government is aiming...
FDI decreases 2.9pc
KARACHI: Foreign Direct Investment (FDI) in the first seven months of 2017-18 amounted to $1.48 billion, down 2.9 per cent or $44...
Market Daily: KSE 100 drops below 43,000
LAHORE: The Pakistan Stock Exchange (PSX) shed blood for another session as foreign investors look to close another week as net sellers....
Food Fortification Programme delegation briefs Rana Afzal
ISLAMABAD: A three-member delegation of the Pakistan Food Fortification Programme (FFP), headed by Diane Northway, called on the Minister of State for...
Pakistan to participate in three-day SAARC business conclave
ISLAMABAD: A delegation of South Asian Association for Regional Cooperation (SAARC) Pakistan Chamber will participate in the forthcoming three-day “6th SAARC Business...
FBR directed to take strict action against corrupt officers
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday directed Federal Board of Revenue (FBR) to take strict and exemplary...
Sindh Lakhra Coal Mining Company gets exploration license
KARACHI: Sindh Chief Minister Syed Murad Ali Shah while presiding over the Sindh Coal Authority's (SCA) 30th board meeting here at the...
Overall demand for loans rose during Q2 FY18, says: SBP
LAHORE: The State Bank of Pakistan released its “Bank Lending Survey” for quarter two FY 2018 on Thursday, with feedback from 18...