Pak receives $350m under CSF
The State Bank of Pakistan (SBP) has confirmed that the Trump administration has finally released $350 million under the Coalition Support Fund...
PSX sheds 500+ points as international oil price falls below $50/barrel
At about 3 p.m. local time, international crude oil prices fell below $50, reaching a low of $49.24/barrel, the lowest since December...
FPCCI , CWEIC to sign strategic partnership agreement
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is going to sign a strategic partnership agreement with the Commonwealth Enterprise...
NPLs fall in the last quarter of CY2016
Non-performing loans (NPLs) went down in the last quarter of the calendar year 2016 while small and medium enterprises (SMEs) continued to...
Timely crackdown on in-house badla financing prevented a crisis on bourse
The Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has pointed out that an increase in in-house badla financing was...
Pakistan, Switzerland to sign agreement on exchange of bank accounts data
Finance Minister Ishaq Dar in a policy statement in the National Assembly on Wednesday has said that Pakistan will soon be signing...
Power ministry resorts to additional subsidy as circular debt mounts
With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the Ministry of Water and Power...
Public sector companies accumulate Rs 833b in debt & liabilty
The State Bank of Pakistan Bulletin for the current month shows that the public-sector enterprises have been accumulating debt to alarming levels...
FPCCI seeks permanent market for kinnow in Iran
Federation of Pakistan Chambers of Commerce & Industry’s (FPCCI) Regional Standing Committee on Horticulture has urged concerned authorities to help turning the existent two...
CPEC Tower to be built in Islamabad
Decision has been reached to build the CPEC Tower in the city. The tower will be the tallest building in the city...
SECP comes down hard on in-house badla financing
Secutities and Exchange Commission of Pakistan (SECP) has come down hard on the illegal practice of in-house badla financing and it has...
Govt should take steps to boost export of halal meat
 The total global market for kosher (halal) meat and beef is worth $2.97 billion. The share of Pakistan is only $33 million...
Real estate projects to require SECP approval
In the wake of the real estate sector in Pakistan suffering from challenges such as weak investor confidence, unfair business practices, lack...
Rise in petroleum prices likely to raise cost of doing business
Representatives of industrial and export-oriented value addition sector of the country fear that the rise in petroleum prices is going to raise...
SECP reports M R Securities to int’l securities regulators
The Securities and Exchange Commission of Pakistan (SECP) has reported a local stockbroker, M R Securities alleged of financial fraud, to international...