HBL keeps expectations intact

Habib Bank Limited (HBL) announced its CY16 results today, posting earnings of Rs 31.8 billion and earnings per share (EPS) of Rs...

Rolls Royce hit hard by record loss of £4.6 billion

Rolls-Royce has posted a record loss of £4.6 billion, it was reported on Tuesday. The British aero engine maker has been experiencing...

Standing body to discuss tariff structure of CPEC projects on Feb 14

The National Assembly’s Standing Committee on Planning, Development and Reforms will meet here on Tuesday, to discuss the tariff structure of China...

PSEB committed to promote modern technologies of IT

Pakistan Software Export Board (PSEB) is fully committed towards promotion of modern technologies and capacity building of IT graduates and companies. Managing Director...

Senate body concerned over increasing interest rates for agri-sector

Senate Standing Committee on National Food Security and Research expressed its concerns over increasing rate of interest charged by the Zarai Taraqiati...

ECC approves sovereign guarantee for power sector

The Economic Coordination Committee of the Cabinet (ECC) on Monday approved sovereign guarantee for the syndicated term of finance facility for the...

Sales tax on contractors raises cost of development projects

The cost of new development projects in Punjab has gone up due to the imposition of a 16 percent sales tax on...

Pakistan pockets $2m worth of import orders at Fruit Logistica 2017

Pakistani growers and exporters of fresh fruits and vegetables participating in the ‘Fruit Logistica 2017’ have received an estimated import order of...

Volkswagen gears up to launch two new vehicles in Pakistan

Volkswagen Commercial Vehicles is in its final round of talks with Premier Systems Private Limited – the authorised importer of Audi vehicles...

CDWP approves Hi-Tech Agri Technology Park at UAF

Central Development Working Party (CDWP) has approved the establishment of Pak-Korea Hi-Tech Agriculture Innovation Centre/Technology Park at the University of Agriculture, Faisalabad...

Anti-dumping duty on steel feared to hit the local automobile sector

Pakistan’s decision to impose anti-dumping duty on Chinese steel is feared to raise the cost of automobiles since various local automobile parts...

Always got overwhelming response from international capital market: Dar

Pakistan had recently been moved up four places in the World Bank’s ‘Ease of Doing Business’ rankings BISP allocation is tripled...

Rigorous experimentation of world’s 24% GDP

Radical: that’s probably the single adjective that best covers the disparate economic policies being pursued in Asia’s three largest economies. In Japan,...

Increase in railways revenue to Rs 36581.864m in 2015-16

Pakistan Railways revenues have increased to Rs 36581.864 million in year 2015-16 as against Rs 18069.546 million in 2012-13, registering a net...

PML-N’s rhetoric on POL prices was gambit to gain sympathies

  Pakistan Muslim League-Nawaz (PML-N) government’s pronouncement to put aside the Petroleum Ministry and Oil and Gas Regulatory Authority’s (OGRA) advice regarding hike...