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)...
Descon to expand footprint into South Africa, will acquire small plant for $10 million
LAHORE: One of Pakistan’s largest companies, Design and Engineering Services and Construction Limited (DESCON) has decided to venture into South Africa by...
Indus Motors jacks up prices for Corolla, Honda & Suzuki expected to follow suit
KARACHI: The rupee depreciation has forced Indus Motor Company (IMC) to jack up prices of 1300-1600cc cars by over Rs 50,000 ahead...
New SME policy to provide Rs6 billion for solar, hydro, wind energy projects
KARACHI: The government has made Rs6 billion available at a subsidized rate of 6 percent for renewable energy projects for hydro, solar,...
Chinese automakers interested in setting up plants in Pakistan
ISLAMABAD: A delegation of Chinese manufacturers and assemblers of automobiles including heavy duty trucks, engines, auto parts and tyres visited Islamabad Chamber...
Public will not accept any deal with IMF at expense of CPEC
ISLAMABAD: Chairman FPCCI Regional Committee on Industries Atif Ikram Sheikh on Saturday said masses will not accept any deal with the IMF at the cost...
Over Rs230 million released for revenue division projects
ISLAMABAD: The government has so far released Rs. 230.020 million for various ongoing and new projects of Revenue Division under the Public-Sector...
Market Weekly: KSE 100 bounces 2pc WoW as dust settles
LAHORE: Despite rough trading sessions from Monday to Wednesday, the market managed to record gains after six weeks of decline. Pakistan’s Benchmark...
Foreign firms happy over Pakistan’s stability, interested to invest: PM
KARACHI: Prime Minister Shahid Khaqan Abbasi Friday said foreign companies were interested to invest in Pakistan and are happy over the stability...
Tharparkar will become biggest private investment destination of Pakistan: Ahsan Iqbal
ISLAMKOT: Interior Minister Ahsan Iqbal Friday said that the downtrodden Tharparkar was going to become one of the biggest private investment centres...
ECC approves 2m tons wheat, 300,000 tons of sugar exports
ISLAMABAD: To rein in current account deficit, the government on Friday allowed exports of two million tons of wheat and 300,000 tons...
Food commodities worth $1.491 billion exported in five months
ISLAMABAD: Food group exports from the country during five months of current financial year grew by 12.05 percent as compared to exports...
Iran keen to enhance trade relations with Pakistan & Turkey
ISLAMABAD: Iran has shown interest to enhance trade relations with Pakistan and Turkey, an official said on Friday.
In an interview with the...
SEZs could help Pakistan follow successful experiences of Malaysia and China
ISLAMABAD: Technocrats on Friday said Special Economic Zones (SEZs) can assist a country in becoming a useful part of international trade activities...