Market Daily: KSE 100 sheds 235pts amid profit taking
LAHORE: Pakistan Stock Exchange’s (PSX) northbound journey started last year in December but halted for some profit taking, to close 235 points...
OICCI Perception, Investment Survey 2017, presented to PM
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) Managing Committee met Prime Minister Shahid Khaqan Abbasi and presented to him...
MoC to formulate STPF 2018-23 without projection of export figure
ISLAMABAD: As the Strategic Trade Policy Framework (STPF) 2015-2018 badly failed to meet the target of exports growth, Ministry of Commerce (MoC)...
Total exports increase by 11.24pc in July-Dec 2017-18
KARACHI: The country exports surged by 11.24 per cent in first half of the current fiscal year to $ 11.007 billion compared...
Market Daily: KSE 100 leaps another 816 points
LAHORE: It seems as if there is no stopping the indices at the Pakistan Stock Exchange (PSX) as days have turned for...
China pondering allowing companies involved in OBOR to list in Hong Kong
BEIJING: The Chinese government is considering a plan to allow companies involved in the Belt and Road initiative to raise money via...
Attock Cement’s new production line commences operations
KARACHI: A bourse notification filed Tuesday by Attock Cement Company Limited revealed its new production line capable of producing 1.2 million tons...
SBP verbally agrees to withdraw import restriction limit of 35pc on US Dollar
KARACHI: State Bank of Pakistan on Tuesday verbally took back a notification which restricted import of dollars up to 35 percent and...
Companies to be invited for submitting tenders for white oil pipeline
ISLAMABAD: Inter-State Gas Systems (ISGS) is set to invite companies for submitting tenders for Sheikhpura-Peshawar white oil pipeline.
This pipeline has been envisaged...
Pakistan’s economy to grow at 5.9 percent over medium-term, predicts: World Bank
LAHORE: World Bank released its “Global Economic Prospects” report on Tuesday revealing growth slowed down in South Asia to 6.5 percent during...
World Bank forecasts global economic growth of 3.1 percent for 2018
WASHINGTON: The World Bank predicts that the global economy will grow 3.1 percent this year, which would be its best showing in...
CPEC to speed up industrialization, urbanization in Pakistan: Ahsan Iqbal
BEIJING: Federal Interior Minister Ahsan Iqbal, who also holds the Planning, Development and Reform portfolio, has emphasised that the Long-term Plan of the...
Rana Afzal denies Dar’s $200bn Swiss banks money claim
ISLAMABAD: State Minister of Finance and Economic Affair Division Rana Afzal on Tuesday denied that Pakistani nationals had kept $ 200 billion...
Arif Ahmad Khan appointed Finance Secretary
ISLAMABAD: The federal government on Tuesday appointed Arif Ahmad Khan, a BS-22 officer of Pakistan Administrative Service (PAS) the new Finance Secretary.
Notification...
CITIC Group delegation meets Miftah Ismail
ISLAMABAD: The visiting delegation of CITIC, led by CLSA Chairman Zhenyi Tang, Asia’s leading Capital Markets and Investment Group and subsidiary of...