Govt finalises plan to end electricity crisis prior to elections 2018
ISLAMABAD
The federal government has finalised a plan to end electricity crisis prior to next general elections in the country by rationalising the...
OGDCL, MOL Group sign MoU on strategic cooperation
ISLAMABAD
The Oil and Gas Development Company Limited (OGDCL) and MOL Group have announced forming a strategic cooperation initiative for evaluating future potential...
Market daily: bulls back in business as PSX gains more than thousand points
LAHORE
The participants of the daily business at the capital market were not at all dismayed by the political crunch as the index...
Senate committee expresses concerns over non-availability of agri-credit
ISLAMABAD
Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the...
Asset base of Islamic banking industry grew by 8pc during April-June 2017 quarter
Karachi: An Islamic Bulletin Banking report issued by the State Bank of Pakistan on Monday revealed that the asset base of the...
Automobile sales rose 28pc during first two months of FY 2017-18 says: PAMA
Karachi: Pakistan Automotive Manufacturers Association (PAMA) on Tuesday outed data for the sales of automobiles during the first two months (July and...
Trafigura planning to open second LNG import terminal in Pakistan
London: Commodities trader Trafigura said it plans to open a further liquefied natural gas (LNG) import terminal in Pakistan as traders move...
Bitcoin is a sham, says JP Morgan CEO
New York: Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co said on Tuesday.
Speaking...
Overseas remittances rose 13.2pc for July and August says: SBP
Karachi: State Bank of Pakistan on Thursday released data for remittances set by overseas Pakistani workers for two months of July and...
Proposed break-up of SSGC and SNGPL unprofitable says: KPMG
Islamabad: The proposed break-up of SSGC and SNGPL into five public distribution companies has been opposed by independent consultants KPMG Taseer Hadi...
Private sector set to invest $120m for building 4th LNG terminal at Port Qasim
Karachi: A local newspaper has reported that leading business houses from the private sector are planning to invest $120m for building a...
PBS’s gaffe in exchange rate caused exports to be overstated by $235m in August
Islamabad: A glaring calculation error on part of Pakistan Bureau of Statistics (PBS) overstated the actual exports over the $2b mark, which...
Air Sial to kick-off flights this week
KARACHI
It was reported that a new airline by the name of Air Sial is set to begin its flight operation from the...
Senate passes Corporate Rehabilitation Bill, 2017
ISLAMABAD
The Senate of Pakistan has passed the Corporate Rehabilitation Bill, 2017. The Minister for Law Zahid Hamid, moved the Bill. Senator Saleem...
Pakistan slaps antidumping duty on import of PFY from China, Malaysia
ISLAMABAD
In a move to domestic market and producers, the National Tariff Commission (NTC) has imposed definitive anti-dumping duties on imports of Polyester...