Inefficiencies, admin losses of power sector be cut down to address circular debt: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed an overhaul of the power transmission, distribution and recovery process of the Distribution...
Engro Polymer approves capital expenditure of Rs10.3 billion for new PVC plant, other projects
LAHORE: A bourse notification filed by Engro Polymer & Chemicals revealed its board of directors approved a capital expenditure of Rs10.3 billion...
Profit, dividend repatriation increased 28.9 percent during July-Nov 2017
KARACHI: State Bank of Pakistan on Wednesday released data pertaining to profit and dividend repatriation on foreign direct investment (FDI) which rose...
MOIP set to accord brownfield status to Dewan Motors
ISLAMABAD: The Ministry of Industries and Production (MOIP) has decided to accord Brownfield status to Dewan Farooq Motors Limited, Dewan Dachan Motors...
Miftah Ismail targets boosting exports and economic growth
ISLAMABAD: Newly appointed Advisor to Prime Minister on Finance, Miftah Ismail on Wednesday reiterated his resolve of keeping a focus on increasing...
Dewan Petroleum given clean chit in Rs36 billion gas pricing dispute
ISLAMABAD: A dispute which erupted after a rise in well-head gas price regarding Dewan Petroleum has been resolved after an arbitrator appointed...
Finance Ministry clueless about total cost of Karachi circular railway
ISLAMABAD: Ministry of Finance (MoF) is reportedly clueless about the total cost of Karachi Circular Railway (KCR) project which comes under China-Pakistan...
Current account deficit can be contained in coming months, says: SBP
ISLAMABAD: The State Bank of Pakistan voiced hope the current account deficit could be reined into a manageable level in the next...
Soyabean oil imports rose 71.93 pc during July-November 2017
ISLAMABAD: Edible oil imports including soyabean and palm oil during five months of current financial year grew by 71.93 percent and 29.24...
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...