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...
Country’s CPI surges by 4.4pc in January 2018
KARACHI: Pakistan’s Consumer Price Index (CPI) surged by 4.4 per cent on year-on-year basis in January 2018 as compared to an increase...
PM inaugurates Digi Skills programme to train one million youth through online modules
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbassi inaugurated Digi Skills programme aimed at training one million youth through online modules in Islamabad on Thursday.
Addressing...
PIA ends discounts for senior citizens, disabled travellers
KARACHI:Â Pakistan International Airline (PIA), on Thursday, announced to withdraw discounted rates for senior citizens and handicapped individuals.
The incumbent government plans to privatise...
Heads of electric supply companies removed over skyrocketing losses
ISLAMABAD:Â The Power Division has removed from position heads of four electric supply companies of the country for not containing losses in their...
Market Daily: KSE 100 up after 5 days
LAHORE: After a rough five sessions, Pakistan Stock Exchange (PSX) managed to post a positive close. The index moved facing the north...
No objection regarding merger of Sindh Bank, Summit Bank: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday during a meeting of Senate Standing Committee on Finance and Revenue, informed that it does...
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to...
SBP foreign exchange reserves decrease 2.2pc in a week
KARACHI:Â Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $13.23 billion on January 26, down 2.2 per cent from...
Sepia Solutions successfully deploys Google G Suite in Colgate-Palmolive Pakistan
KARACHI:Â Sepia Solutions, a Google Cloud partner in Pakistan, has successfully helped Colgate Palmolive Pakistan Limited to migrate from the legacy system to...
Supply issues force Suzuki to suspend Wagon R booking
KARACHI:Â Pak Suzuki has notified its dealers to suspend the booking of Wagon R cars as the company is currently facing supply issues...
NAB starts investigation to indict those responsible for shutdown of PSM
ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...
FBR tax collection falls short by 3.56 percent during first seven months of FY 2017-18
ISLAMABAD: Tax collection of Federal Board of Revenue during the first seven months (July-January) of financial year 2017-18 was recorded at over...
Govt’s double standards over PIA divestment continue
LAHORE: The government backing off from its previous stance apprised National Assembly it still wants to sell its 26 percent equity stake...
Power consumers bearing the cost as Disco losses soar to Rs213 billion
ISLAMABAD: Power distribution companies have incurred over Rs213 billion in line losses over the past year, as power consumers bear the brunt...