Business community expresses concerns over record borrowing
ISLAMABAD
Pakistan Businessmen and Intellectuals Forum (PBIF) president, All Karachi Industrial Alliance (AKIA) president, the businessmen panel of FPCCI and Former Provincial Minister...
Iqbal asks FBR officials to facilitate Chinese investments
ISLAMABAD
Minister for Planning Ahsan Iqbal has asked the Federal Board of Revenue (FBR) to urgently finalise its plans for modernising documentation systems,...
EU provides €60mn for reducing stunting, malnutrition in Sindh
ISLAMABAD
Pakistan and the European Union on Friday signed the financing agreement on improved nutrition in Sindh worth €60 million, which will help...
Daily market report: KSE-100 ends week positive
LAHORE
The index, after a weak first session where it dropped 511.57 points, bounced back in the second. It jumped 322.29 points to...
Petroleum ministry to undertake Rs190m coal exploration projects in Balochistan
Islamabad:  Ministry of Petroleum and Natural Resources would execute two new projects worth Rs 190 million for coal exploration and evaluation in different...
US exports to Pakistan stood at $2.1b during 2016
Faisalabad: In a business community meeting held at the Faisalabad Chamber of Commerce and Industry (FCCI) on Thursday, Commercial Counsellor of the...
Pakistan should strengthen business ties with Denmark: Envoy
Islamabad: Ambassador-designate of Pakistan to Denmark Syed Zulfiqar Gardezi visited Islamabad Chamber of Commerce and Industry (ICCI) on Thursday and shared his...
Economic growth surpasses ADB forecast for 2016-17
Islamabad: On Thursday, the Asian Development Bank announced that Pakistan had achieved its highest growth rate of 5.28pc in over nine years.
The...
PPL drills 1.3 km-long horizontal well for tight gas
Karachi: Pakistan Petroleum Limited (PPL) has drilled and completed tight gas horizontal well Naushahro Feroz (NF) Hor-1, an official said here on...
Foreign reserves declined by $537.8m this week
KARACHI: Total liquid foreign reserves of the country declined by $537.8 million to $20.830 billion this week compared to $21.368 billion last...
France provides €165mn loan for energy projects
ISLAMABAD
Pakistan and the French Development Agency (AFD) on Thursday signed two loan agreements for the financing of energy projects: Power Transmission Enhancement...
ACCA, IMA survey finds Pakistan’s economic outlook improving
LAHORE
The quarterly survey conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), found economic outlook...
Daily market report: KSE-100 breaks below 45,000pts again
LAHORE
A day that opened well lost its charm as investors booked profits after news flew in from the court room in Islamabad....
Senate panel voices worry over rising national debt
Islamabad: As the country’s external and domestic debt keeps on increasing, a Senate Panel hearing on Wednesday voiced its shock and concerns...
China cracks down on VPNs attempting to escape Great Firewall
Beijing: China is tightening control over foreign companies’ internet use in a move some worry might disrupt their operations or jeopardize trade...