Market Daily: Market range bound amid dismally low turnover
LAHORE: Although Pakistan’s benchmark KSE 100 witnessed range-bound trading, with the index ending the session little changed -38 points or -0.1 per...
Country’s inflation up by 4 per cent
KARACHI: The pace of increase in prices picked up again in November 2017 and the overall inflation rate advanced 4 per cent...
Ahsan for private sector to capitalize business opportunities under CPEC
ISLAMABAD: Minister for Interior, Ahsan Iqbal on Tuesday said private sector must play the role of an engine of growth under China...
Engro Elengy Terminals to reduce gas deficit of Pakistan by 30pc
KARACHI: As the conversion of fuel from diesel to liquefied natural gas (LNG) has started showing positive changes in the energy sector,...
Port Qasim Plant to provide cheapest electricity among all CPEC projects
KARACHI: Port Qasim Coal-Fired Power Plant has become the cheapest power generation unit among all power plants installed under the game-changing China-Pakistan...
PTA to introduce DIRBS for blocking stolen, smuggled mobile phones
ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal...
Rice exports rose 16.87pc during July-October 2017
ISLAMABAD: Rice exports from the country during first four months (July-October) of current fiscal year increased by 16.87 per cent compared to...
US tax overhaul will increase debt and interest costs
WASHINGTON:  A U.S. tax overhaul will increase the government’s need to issue more Treasuries as interest costs on the country’s debt become...
Private sector’s credit off-take surges up four times during July-November 2017
KARACHI: Data released by State Bank of Pakistan (SBP) on Monday revealed private sector’s credit off-take from commercial banks has boomed and...
Road projects under CPEC face delays, as Chinese halt funding
ISLAMABAD: Certain road projects under China-Pakistan Economic Corridor (CPEC) have been deprived of funding by China and it will remain suspended till...
Reduce taxes on hybrid cars to contain pollution: Senate standing committee
ISLAMABAD: A parliamentary panel on Thursday proposed the government to consider abolishing and reducing taxes on hybrid cars to contain pollution.
And the...
Tax exemption spurring IT industry growth
ISLAMABAD: Tax exemption on Information Technology exports, IT services and products until June 2019 is helping to promote IT industry, which will...
Pakistan, Asian Development Bank to promote regional connectivity, trade
ISLAMABAD: Pakistan and Asian Development Bank (ADB) on Monday agreed to further enhance their cooperation for promoting regional connectivity and trade in...
Pakistan economy’s second PPM on December 18
ISLAMABAD: The second Post Program Monitoring (PPM) evaluation of Pakistan’s economy by International Monetary Fund (IMF) will take place at Islamabad on December...
CAREC Strategy 2030 launched in Pakistan
ISLAMABAD: The Central Asia Regional Economic Cooperation (CAREC) Strategy 2030 has formally been launched here on Monday jointly by the Government of Pakistan and...