Market daily: stocks bleed amid low investor confidence
LAHORE
Wednesday also failed to change fortunes for investors at the Pakistan Stock Exchange (PSX). Market participation as per recent trend was low and...
World Bank has not suspended support loans: Finance Division Spokesman
ISLAMABAD: A finance division spokesman has strongly contradicted a report titled: “World Bank ends budgetary support program for Pakistan”. A section of...
Luxury items imports could be regulated to avoid foreign currency crisis, says: PM Abbasi
Lahore: Financial Times has reported Prime Minister Shahid Khan Abbasi said that Pakistan intends to curb imports of luxury items in order...
Travly closes down its operations
Lahore: A local technology website reported Travly, a rickshaw-hailing service has closed down its operations. This development comes in the wake of...
Golen Gol Hydropower project’s first 36-MW unit to start production in two months
Islamabad: A local newspaper reported that Golen Gol Hydropower Project will start generating electricity in about two months time.
Located in Chitral district...
Pakistan earned $94.059m from mango exports
Islamabad: Mango exports earned Pakistan $94.059 million in foreign exchange during 2014-16, officials in the Commerce Division said on Tuesday.
Quoting figures compiled...
Pakistan’s global competitive ranking rises to 115th: Global Competitiveness Report
Islamabad: A Global Competitiveness Report (GCR) 2017-18 released by the World Economic Forum (WEF) has seen Pakistan’s ranking rise by seven places...
FPCCI extends invitation to foreign investors for investment in Pakistan’s agriculture sector
Islamabad: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Tufail on Tuesday said that Pakistan offers huge...
Pakistan needs to manage its external debt carefully, says: ADB
Islamabad: Asian Development Bank (ADB) released an update to its economic report on Thursday citing that political uncertainty had finally ended and...
Second LNG terminal to be completed by 15th November says: PM
Lahore: A local newspaper reported that the country’s second LNG terminal will be open by November 15th, said Prime Minister Shahid Khaqan...
$800mn ADB financing to help improve connectivity, trade in Pakistan
ISLAMABAD
The Asian Development Bank’s (ADB) board of directors has approved an $ 800 million Multi-tranche Financing Facility (MFF) to help enhance regional...
‘Privatisation Commission’s dismal capacity, lack of experience derailed privatisation agenda’
LAHORE
Dismal capacity and lack of experience with Privatisation Commission, besides overambitious agenda of privatisation for opening up fiscal space to expand social...
PSX to finalise Richard Morin as new MD, PSX
KARACHI
Despite severe opposition from the Pakistan Stock Exchange (PSX) brokers, the PSX’s board is going to finalise the appointment of Richard Morin...
Market daily: PSX ends near flat amid dwindling volumes
LAHORE
Another rough day for investors at the Pakistan Stock Exchange was witnessed, where the benchmark indices wiped out all early gains to...
Uber apologises after London ban, admits ‘we got things wrong’
LONDON
Uber’s chief executive has apologised for the taxi app’s mistakes in London and promised to change as the company fights a decision by the...