Pakistan, Russia should strengthen cooperation in economic sector
LAHORE: Pakistan and Russia should strengthen cooperation in all economic sectors for mutual interests.
This was stated by LCCI President Malik Tahir Javaid...
Low financing to SMEs despite cut in policy rate: APBF
KARACHI: All Pakistan Business Forum has urged the commercial banks to improve its financing for small and medium enterprises (SMEs) sector which...
Finance ministry denies Pakistan seeking to raise another $1.5 billion via bonds
ISLAMABAD: The Ministry of Finance has denied the news that Pakistan is seeking to raise another $1.5 billion via bonds during remainder...
Questions over GE’s power turbines performance being raised in Pakistan
ISLAMABAD/SINGAPORE: General Electric’s flagship gas turbines ran into problems in Pakistan earlier this year, leading to delays and lengthy outages at three newly...
AHL report holds bullish view for PSX in 2018
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Arif Habib Limited report states PML-N likely to lead in general election
KARACHI: Arif Habib Limited (AHL) holds a bullish view of...
PICIC insurance set to merge into Crescent Star Foods
LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...
Japan’s unemployment rate dips to lowest since 1993
TOKYO: Japan’s unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that...
Govt to hold new round of bidding for petroleum exploration blocks
ISLAMABAD: The government under immense pressure from provinces has finally decided to hold a fresh round of bidding for petroleum exploration blocks...
Gasport, FBR locked in dispute over Rs1.5 billion custom duty payment
ISLAMABAD: The second LNG gas terminal which has been a bone of contention and controversy since its inauguration last month is now...
Mobile phone importers face crunch, as duties bite into sales
KARACHI: Major price increases have been witnessed in the price of mobile phones, as rupee’s recent depreciation and governments decision to crackdown...
Decrease tax rate for banks earning income from providing financing to SME’s: SBP
LAHORE: The State Bank of Pakistan in its recently launched policy for promotion of Small and Medium Enterprises (SMEs) has proposed decrease...
CPEC projects: FBR stops tax department from freezing bank accounts
KARACHI: Tax department has been stopped by the Federal Board of Revenue (FBR) from freezing bank accounts of companies for non-compliance in...
Pak, Italy private sectors’ collaboration stressed
LAHORE: Former Lahore Chamber of Commerce and Industry board member Chaudhry Khadim Hussain on Monday said that collaboration between private sectors of...
PSX isn’t doing well because the regulator is over-regulating: Financial analysts
The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...
Privatization commission pondering setting up SPV for PSM to settle liabilities
ISLAMABAD: With Pakistan Steel Mills liabilities swelling to Rs188 billion, the Privatization Commission is pondering to launch a special purpose vehicle (SPV)...