Berlin Petroleum launches operations in Pakistan
LAHORE
Berlin Petroleum (Private) Ltd. is excited to launch their products in Pakistan for the first time, it was learned here.
Berlin is the...
Investable funds shifting to unproductive sectors: PBIF
KARACHI
Pakistan Businessmen and Intellectuals Forum (PBIF) President Zahid Hussain on Wednesday said laws governing economy have continued to prefer trade over the...
Local cement prices surge by Rs15-20/bag in northern areas
KARACHI
The manufacturers in the northern areas of Pakistan have increased cement prices by Rs 15-20 per bag as a result of the...
Dar takes notice of spike in value of USD versus PKR
ISLAMABAD
The Finance Minister, Senator Mohammad Ishaq Dar, during an emergency meeting of the officials of finance division, has taken notice and expressed...
Interbank rates increased as USD reaches Rs108.30
KARACHI
Removing the cap on the interbank rates, the State Bank of Pakistan (SBP) on Wednesday devalued Pak rupee by Rs 3.43 against...
PSX closed near-flat as early triggers by rupee depreciation waned
LAHORE
The Pakistan Stock Exchange (PSX) on Wednesday witnessed an awry investor confidence which dwindled as the day progressed. The benchmark KSE-100 index...
Rupee depreciates sharply, stock market rises
Karachi: As the political situation of the country remains uncertain amidst the JIT investigation into the Prime Minister’s family, Pakistan rupee fell...
World Bank gave $958m loans to Pakistan in FY 2016-17
Islamabad: For the entire financial year 2016-17, World Bank (WB) has paid out $958m in loans to Pakistan including a policy loan...
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Pakistan Post commences cash-on delivery service
Islamabad: Pakistan Post office has launched “Cash On Delivery Service” (UMS-COD) in order to satisfy customers in all parts of the country...
Pakistan Steel Mill losses touch Rs177.78b
Islamabad: Pakistan Steel Mills (PSM) losses have reached a staggering Rs177.78b according to officials. The liabilities of PSM have massively increased, out...
Development of SEZ’s to play important role in future of CPEC says: Ahsan Iqbal
Islamabad: Federal Minister for Planning, Development and Reform Ahsan Iqbal assured that China-Pakistan Economic Corridor (CPEC) will not harm domestic industries and...
Pakistan’s gemstone industry has immense potential say experts
Islamabad: Minerals, especially gemstones, have a huge potential to contribute in the national economy of Pakistan. However, a careful and practical approach...
Pakistan custom duty rates 4 times more than global average
Lahore: A recent study from international accounting and consultancy network, UHY has revealed that Pakistani consumers are charged four times more custom...
Etihad exempted from laptop ban for US bound flights
Abu Dhabi: At Abu Dhabi International Airport, travelers bound for the United States on Tuesday enjoyed something many others flying out of...