KSE-100 ends flat after morning boom
LAHORE
It was a good day of trading at the Pakistan Stock Exchange (PSX) as investors saw the index trade positive and end...
Fresh Saudi taxes on expatriates worry Pakistanis
ISLAMABAD
The tax increase on foreign workers in Saudi Arabia has hit Pakistani laborers and professionals alike. Amid the shaky developments, new taxes...
Saad Rafique urges IDB, ECO bank to invest in railways infrastructure
ISLAMABAD
Minister for Railways Khwaja Saad Rafique on Wednesday urged Islamic Development Bank and Economic Cooperation Organization Trade and Development Bank to promote...
Govt directs new car assemblers to finalise agreements soon
ISLAMABAD
The government has directed the four new players in the auto sector to formally sign their agreements to get the ‘Greenfield Status’...
Extension in deadline for urea exports may not provide relief to the sector
LAHORE
Urea exports stayed crucial in providing relief to inventory concerns of fertilizer industry despite the government’s move of extending deadline by 6...
Moody’s maintains stable outlook, affirms Pakistan’s B3 rating
KARACHI
The Moody's Investors Service (Moody's) has maintained a stable outlook of the Pakistani economy, affirming government of Pakistan's B3 issuer and senior...
KSE-100 falls to year’s low
LAHORE
Political turmoil continues to dampen investor’s confidence as the Pakistan Stock Exchange (PSX) came crashing down to low of the year.
The benchmark...
Moody upholds Pakistan’s B3 credit rating
Lahore: Pakistan has retained its B3 issuer and senior unsecured ratings by the Moody’s Investor Service as announced on Tuesday by the...
Marble exports decline 32pc during FY 2016-17
Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...
Pakistan could become world’s 5th largest importer of LNG by 2022
Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...
Pakistan may be liable to pay $11.5b in damages for Reko Deiq gold mine project
Islamabad: In a major blow to Pakistan, the World Bank arbitration tribunal has passed its judgement in the case of Reko Diq...
Petroleum ministry suggests deregulation of diesel and petrol prices
Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation...
High powered Chinese delegation arrives to review projects under CPEC
A high level Chinese delegation arrived Tuesday on a four-day visit to Pakistan to discuss industrial cooperation, implementation of Gwadar projects, and...
Dar reviews progress on development of ITTMS project
Islamabad: Finance Minister, Senator Mohammad Ishaq Dar on Tuesday reviewed progress on the development of border crossing complexes at Torkham and Chaman...
Car sales clock in at 213,000 units, Honda leads the pack
KARACHI
Pakistani auto sales (including LCVs Vans and Jeeps) posted 14 per cent YoY growth excluding the taxi scheme.
This was due to improving...