South Korean investors willing to invest $60m for producing energy from waste
Lahore: South Korean investors want to invest 60 million dollars in Punjab to produce energy from waste. A high level Korean delegation,...
UBL sees no potential compliance irregularity
KARACHI: United Bank Limited (UBL) has limited its operations in New York, according to a research report issued by a brokerage on...
SBP reserves increase $16m to stand at $7.75bn
The foreign exchange reserves held by the central bank inched up by 0.21pc on a weekly basis, according to data released by...
Govt lifts ban on new CNG connections
ISLAMABAD: In a decision that could give a new life to the Compressed Natural Gas (CNG) sector, the government has lifted the ban...
PSX remains dull despite positive economic indicators
KARACHI: After bloodshed for the most part of the day, Pakistan Stock Exchange (PSX) ended the session on Wednesday in red. Although indices...
1,317 new companies registered in January
ISLAMABAD: The Securities and Exchange Commission of Pakistan in January registered 1,317 new companies.
As compared to the corresponding month of the last financial year,...
Apple, Huawei, Amazon gain in sluggish tablet market
WASHINGTON
Apple, Huawei and Amazon boosted tablet sales over the past quarter, despite the ongoing slump in the overall market for the devices,...
FBR prohibits unauthorised interactions between officials, businessmen
The Federal Board of Revenue (FBR) has directed all its officials and field formations not to contact with any taxpayer or businessman...
Govt urged to withdraw hike in drug prices
KARACHI: Pakistan Medical Association (PMA) on Saturday showed concern over the announcement of 15 per cent hike in the medicine prices by the...
Steel sector ignored in PM’s ‘special package’ for construction industry
ISLAMABAD: While announcing a “special package” for the construction industry on Friday, Prime Minister Imran Khan completely ignored the steel sector, which...
World Bank forecasts tough economic challenges for Pakistan
by AMER SIAL
Pakistan’s economy continues to grow, but beneath the surface, a number of warning signs are emerging, says the World Bank’s...
US fund managers brace for consumer slowdown
With expectations for slowing growth escalating, US fund managers are selectively avoiding stocks in consumer companies as lofty valuations, concerns about declining...
Indonesia eager to expand bilateral ties with Punjab
LAHORE
A high-level Indonesian delegation comprising of Indonesian Ambassador Iwan Suyudhie Amri and, the third secretary of the embassy of the Republic of...
Saudi visit highlights Pakistan’s search for investment
The largest deal signed on Sunday, a $10 billion refinery to be developed in the port of Gwadar by Saudi Aramco, will take up to five years to develop. But smaller deals, including the acquisition of two liquefied natural gas plants, alternative energy projects and food and agriculture investments should bear fruit more quickly
‘Govt to prioritise less-developed areas under next PSDP’
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has said that the incumbent government is pursuing a regional equalization development strategy to...