Foreign investors offload shares amounting to $51.9mn
KARACHI: Overseas investors offloaded shares worth $ 51.9 million in the month of November 2017 meanwhile India managed to attract huge inflows...
Pakistan’s e-commerce market size to grow up to $1bn by 2020
ISLAMABAD: The size of the e-commerce market, one of the most important drivers of a digital Pakistan, is expected to grow up...
12.5pc withholding tax on mobile recharge is still exorbitant, says: PTA
ISLAMABAD: Pakistan Telecommunication Authority (PTA) in its annual report claimed withholding tax rate of 12.5pc was exorbitantly high since most of the...
World Bank to provide $130 million funding for efficient water usage
ISLAMABAD: To promote water usage efficiency among farmers in Punjab, World Bank has approved additional funding of $130 million.
The purpose of providing...
Powerful smog
Earlier this month the PM2.5 levels in Lahore went beyond 1,000 micrograms per cubic meter, which is 30 times more than the...
APBF to hold a conference on ‘Economy, skill workforce’ on Monday
KARACHI: The All Pakistan Business Forum is organising a high-level conference titled “Pakistan at crossroads; Economy, Skill Workforce Development, Country Narrative- How...
Could Pakistan become China’s Venezuela?
LAHORE: As China keeps pouring money into China-Pakistan Economic Corridor (CPEC), could Pakistan be in danger of becoming another Venezuela?
An opinion piece published...
Citibank foresees Pakistan continuing its growth trajectory aided by CPEC
KARACHI: After ceasing its commercial banking operations in 2012, Citibank says it expects Pakistan’s economy to continue its growth trajectory in wake...
OGRA starts consultative sessions for review of existing gas tariff scheme
ISLAMABAD: Oil and Gas Regulatory Authority in partnership with World Bank (WB) has launched a series of consultative sessions across Pakistan to...
FBR notches 20pc increase in revenue collection for July-November 2017
ISLAMABAD: Tax collection went up by 20 per-cent during July-November period of financial year 2017-18 touching Rs1.302 trillion, the Federal Board of...
Successful bond float could help to rein in rupee depreciation
KARACHI: Pakistan’s successful bond float of $2.5 billion from international debt markets has raised prospects of pressure easing on the rupee, which...
Political uncertainty endangers Pakistan’s economic progress: Abbasi
LAHORE: Prime Minister Shahid Khaqan Abbasi believes political uncertainty is shattering investor confidence and negatively affecting the country’s economy before its heads...
Pakistan IT exports rise to $2.9 billion
ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry, Pakistan’s IT exports have grown to an estimated...
Pakistan holding talks with France, Italy & Spain for LNG supplies
ISLAMABAD: Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising...
Pakistan auctions Sukuk, Euro Bonds worth $2.5bn
ISLAMABAD: Pakistan has successfully executed $ 1.0 billion five years Sukuk and $ 1.5 billion ten years Eurobond transactions at a profit...