Government releases Rs 428.578b for various social & development projects under PSDP
The federal government has released over Rs 428.578 billion for various social sector developmental projects under Public Sector Development Programme (PSDP) 2016-17...
Govt takes measures to boost exports
Commerce Minister Khurram Dastgir while addressing a function at Faisalabad Chamber of Commerce and Industry is reported to have said on Tuesday...
SBP seeks early resolution of US dollar notes issue
The State Bank of Pakistan (SBP) has urged all banks to either accept all kinds of US dollars (old and smaller denominations)...
PIA cuts a better wet lease deal with Turkish Airlines
Pakistan International Airlines (PIA) after incurring stark operational losses of over Rs 3 billion for running its Premier Service to London...
Will the real economy please stand up?
Is it the robust economy with one of the best performing stock markets in the world? Or is it the economy with...
Keeping fingers crossed
Things aren’t too bad on the foreign exchange reserves front. At $22.4 billion, our reserves seem to be sitting pretty; higher than...
PMA gearing up to launch 200 new buses in Lahore
The Punjab Metrobus Authority (PMA) will be launching 200 new public buses on feeder routes of Lahore Metro Bus this week, it...
BYCO floats first-ever AAA rated private sector Sukuk
Byco Oil Pakistan Limited (“BOPL”) has successfully issued its first privately placed Sukuk for Rs 3,120 million, reported a national daily.The issue,...
Pakistan’s next economic crisis
Suppose for a minute that you are a globally focused investment manager based in London or New York. If you have been...
Govt likely to increase sugar export
The government is considering enhancing the sugar export quantity from 0.25 million tons to 0.5 million tons without subsidy. The initiative is...
PSX’s functioning according to law: some brokers are illegally paying fix amount to investors on shares and cash
The function of Pakistan Stock Exchange (PSX) is to manage that investors' share buy or sell orders are executed on the PSX's...
Linde Pakistan changing hands
A consortium of as many as 4 companies have shown interest in jointly acquiring 60% shares of Linde Pakistan Limited (LPL), it...
Brokers default – PSX finally gives its side of the story
As the Pakistan stock market continues to make steady advances, the news of two brokerage houses defaulting at less than two weeks...
SBP orders strict monitoring to curb money laundering & terrorism financing
The State Bank of Pakistan (SBP) on Friday advised all financial institutions to take necessary measures to ensure that beneficial owners, directors,...
Govt to acquire $600m in loans for balance of payments and budgetary support
Ministry of Finance (MoF) has completed arrangements for $ 600 million commercial loan from two Chinese banks. The funds will be used...