ITU Fintech Centre inks agreement with Karandaaz Pakistan
ISLAMABAD:Â Information Technology University (ITU) of Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Centre...
ABAD to build its own low-cost housing societies in Karachi, Lahore and Islamabad
KARACHI:Â Association of Builders and Developers of Pakistan (ABAD) has decided to launch low-cost housing projects in Karachi, Lahore and Islamabad through which...
External debt rose at faster pace than foreign exchange earnings, admits: Finance Ministry
ISLAMABAD: The government has admitted before the National Assembly that the country debt bearing capacity has eroded in last one year.
Most of...
Exports of processed halal meat touch $214.5 million
ISLAMABAD: Exports of processed halal meat to Muslim countries have surged to Rs214.5 million from Rs20 million, the standing committee on Inter-Provincial...
Cabinet members condemn textile ministry for disregarding farmers
ISLAMABAD: Ministry of Textile Industry has been condemned by cabinet members for protecting interests of influential industries and disregarding cotton farmers.
The cabinet...
KSE-100 index registers best start to the year since 2007
LAHORE: Pakistani stocks are once gaining traction of foreigners as global funds purchased $91 million of shares during January.
This would translate into...
Law ministry, sugar millers gang up to get farmer-friendly policy revoked: Report
ISLAMABAD: A farmer-friendly policy passed by the Pakistan People’s Party government may be reverted in a scheduled meeting of the federal cabinet...
Circular debt: Govt planning to clear power sector arrears yet again
ISLAMABAD: Another effort is afoot by the federal government to clear power sector’s circular debt which has soared to Rs525 billion due...
ADB assessing $7b investment in Pakistan’s power sector since 2005
ISLAMABAD: The Asian Development Bank has decided to assess the $7 billion loan approved in 2005 for Pakistan’s energy sector for guidance...
IMF proposes sweeping changes for next NFC award
ISLAMABAD: Pakistan has been directed by International Monetary Fund (IMF) to make substantial changes to the National Finance Commission (NFC) award.
The Washington-based...
Petroleum prices may skyrocket to three-year highs
ISLAMABAD: Oil prices of various POL products are set to rally to their highest point since November 2014, with diesel expected to...
SBP introduces annual foreign investment survey to log investment position details
KARACHI: State Bank of Pakistan on Tuesday introduced an annual foreign investment survey to obtain information for recording Pakistan’s balance of payments...
FBR debars tax recovery through bank account attachment without serving prior notice
KARACHI: Tax recovery via freezing of bank accounts has been prohibited by Federal Board of Revenue without prior serving of notices to...
Government to privatise SME Bank, Mari Petroleum, PSM and PIA
ISLAMABAD: While the opposition parties like Pakistan Peoples Party (PPP), Pakistan Tehrik-e-Insaf (PTI) and others are concerned about government’s move of privatising Pakistan...
Business community urged to explore African continent via Mauritius
KARACHI:Â Mauritius High Commissioner Rashid Soobadar has urged the business and industrial community of Karachi to look into the possibility of enhancing trade...