NICL chief asks FIA to reopen high-profile property purchase scam
ISLAMABAD
Following the revelations regarding a high-profile property purchase scam involving the National Insurance Company Limited (NICL), company’s Chief Executive Officer Captain (retd)...
Pakistan to host business conference to boost trade ties with US: Pervaiz Malik
ISLAMABAD
Federal Minister for Commerce Mohammad Pervaiz Malik in a meeting with US Ambassador to Pakistan David Hale who called on the minister...
Pakistan struggles to export sugar surplus as global prices plunge
KARACHI
The sugar industry is urging the government to reinstate export subsidies after a steep fall in global sugar prices has slowed shipments,...
Govt likely to regulate LPG price within two weeks
ISLAMABAD
The government is set to impose a levy on Liquefied Petroleum Gas (LPG) sector in a bid to collect Rs 2 billion...
ADB assigns $335mn for Peshawar bus corridor, $100mn for investments in Sindh
ISLAMABAD
The government has signed an agreement with Asian Development Bank (ADB) for a $ 435 million loan for two important projects. The...
Overseas Pakistanis remit $3.5bn, up by 13.17pc in first 2 months of FY17-18
KARACHI
Overseas Pakistani workers remitted $ 3.496 billion, up by 13.17 per cent in the first two months (July to August) of 2017-18,...
USF Policy Committee meeting approves annual budget worth approx Rs14bn
ISLAMABAD
Universal Services Fund Company (USF) Policy Committee meeting, Tuesday, approved the annual budget of worth approximately 14 billion of USF for the...
VMware, Meezan Bank to expand IT Infrastructure through virtualisation
ISLAMABAD
VMware Inc., a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank, Pakistan’s first and...
Market daily: stocks see small rise after tumultuous session
LAHORE
Tuesday saw another roller coaster ride for investors at the Pakistan Stock Exchange. The market participation was meagre and the stocks rebounded...
Successful effort underway to address the energy crisis: Sartaj Aziz
ISLAMABAD
Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi-dimensional energy crisis in the past decade. Power shortages coupled...
Silkbank striving to capture digital market: Shaukat Tarin
KARACHI
Advisor to Chairman of Silk Bank Shaukat Tarin, Monday said the Silkbank is striving hard to capture the digital market in Pakistan as the...
Fruits worth $19.493m, vegetables $10.330m were exported in July
Islamabad: 24,393 metric tons of fresh fruits worth $19.483 million were exported during the first month of current financial year as compared...
Shamim Firpo deplores FPCCI for filching KCCI’s research report
KARACHI
Karachi Chamber of Commerce and Industry President Shamim Ahmed Firpo, while referring to recent comments by FPCCI Executive Member Mian Zafar Iqbal...
Pakistan’s tax revenue stood at 12.6pc of GDP in 2016 says: ADB
Islamabad: Pakistan's total tax revenue experienced gradual increase from 10.6 per cent of Grand Domestic Product (GDP) in the year 2000 to...
Palm oil imports surge by over 68pc in July
ISLAMABAD
The palm oil imports into the country surged by 68.56 per cent during the month of July 2017 compared to the same...