Power distribution system offers $4bn market: Awais Leghari
ISLAMABAD: Minister for Power Division, Sardar Awais Ahmed Khan Leghari has invited Japanese companies and investors for investing and exploring the $...
ECP notifies Shariah Standards No 17, 18, 23 of AAOIFI
ISLAMABAD: The SECP has notified for public consultation three Shariah Standards of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI);Â Shariah Standard...
Government to accelerate privatisation move
ISLAMABAD: While the process of privatising government entities has been halted after few transactions of profitable organisations, the government has decided to...
Rana Afzal Khan to become next Finance Minister
LAHORE: The PML-N MNA Rana Afzal Khan is set to become the next federal Finance Minister, it has been reliably learnt by Profit....
Pakistan acquires $2.5b in loans in just 4 months
ISLAMABAD: The government continues to conduct external borrowing with another $2.5 billion acquired during the four months (July-October) to support foreign exchange reserves that...
Trade balance to improve in Pakistan’s favour after revised FTA with China: Sartaj
ISLAMABAD: Planning Commission Deputy Chairman Sartaj Aziz on Tuesday hoped that after the finalisation of revised Free Trade Agreement (FTA) between Pakistan...
Debt and fiscal operations performance during Q1 2018 remains strong: MoF
ISLAMABAD: The spokesman of the Finance Division said here on Tuesday that debt and fiscal operations data of general government for the...
Market Daily: KSE 100 dips below 40,000 points psychological barrier
LAHORE: The misery for investors of the Pakistan Stock Exchange (PSX) gets worse with every passing day. The downfall which started post...
How the exports fell to create foreign exchange crisis
KARACHI: When international crude oil (OPEC basket) prices nose-dived by 71.35 per cent, the decline in electricity tariffs was only by 28...
Unpredictable rain pattern forces Punjab to build new irrigation systems
LAHORE: Most of Tajammul Abbas’s 17 acres of farmland produces nothing but fodder for his buffalo and three goats. His land, and...
Rising LNG imports could spark imminent closure of domestic oil refineries
KARACHI: Amidst rising liquefied natural gas (LNG) imports, local oil refineries are affront with a crisis, that not only threatens to destabilize...
Pakistan labour force faces several challenges, says: WB
LAHORE: World Bank on Friday said Pakistan faces challenges at three fronts, which includes creations of jobs for rising workforce, providing more...
China keen to establish $15 billion industrial park in Punjab
LAHORE: A Chinese province has expressed its interest to establish a $15 billion industrial park in Punjab province as China-Pakistan Economic Corridor...
Pakistan receives first LNG shipment from Nigeria
ISLAMABAD: A cargo shipment carrying 70,000 tons of Liquefied Natural Gas (LNG) from Nigeria arrived on Friday at Floating Storage and Regasification...
China will receive 91pc revenues from Gwadar port for 40 years
ISLAMABAD: Â China will receive 91 percent of the revenues set to be received from Gwadar Port and 9pc will go to Gwadar...