Business sector essential in achieving sustainable development: UN forum
DHAKA: Achieving the ‘2030 Agenda for Sustainable Development’, counts on the Asia-Pacific region developing new forms of partnerships with businesses that go...
ABL follows suit after MCB, performs below expectations
Allied Bank Limited (ABL) has announced its annual results for CY16 and has reported a Net Profit after Tax (NPAT) of Rs...
High provision charges cause MCB’s results to fall below expectations
Muslim Commercial Bank (MCB) has posted consolidated Net Profit after Tax (NPAT) of Rs 22.1 billion for the CY16. This is 11.4...
Bloomberg columnist (not Bloomberg) ranks Pakistan as world’s most underrated economy
Cowen Tyler, a columnist at Bloomberg has ranked Pakistan as the most “underrated” economy of the year. He says recent developments in...
OGRA grants license to 21 OMCs in six months
ISLAMABAD: Although the Oil and Gas Regulatory Authority (OGRA) has failed to make the licensed oil marketing companies (OMCs) comply with the...
PSO earns Rs 10.015bn profit despite circular debt of Rs 268bn
Report says the profit of PSO is in line with the expectations
Power sector, PIA among the biggest defaulters of PSO
Pakistan...
Jamali urges TDAP to increase export for loans payment
LAHORE: Pakistan Tehreek Insaf (PTI) Women Wing President and FPCCI Executive Committee Member Fehmida Jamali said that the government would have to...
Govt taking steps to facilitate business community: Sindh governor
KARACHI: Sindh Governor Muhammad Zubair has said that the government is aware of the problems of the business community and has been...
Tax on transactions backfires as Pakistan’s cash in circulation surges by a record 31pc
The government's efforts to broaden the tax net by levying the withholding tax seems to have backfired as money in circulation surged...
Punjab govt frustrated over impossibility of 8% economic growth rate target
According to high level officials of Punjab’s economic team there is an absolute disorder and lack of clarity among Punjab’s economic policy...
Pakistan’s economic profile luring foreign investments: Ahsan Iqbal
Pakistan’s remarkable economic turnaround and its historic success against the menace of terrorism in the past three years is luring international businessmen...
Tariq Bajwa appointed as Finance Secretary
The government has appointed Tariq Bajwa, a BS-22 officer of Secretariat group as Secretary Finance Division on Friday. The notification issued by the...
Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge
Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months,...
SBP governor directs banks to focus on agriculture credit
State Bank of Pakistan Governor Ashraf Mahmood Wathra has urged the banks to understand the needs of the economy and focus on...
OMCs’ sales up by 8pc in January
Oil Marketing Companies (OMC) sales remained slightly lower than estimates at 8 per cent in January 2017 compared to last January of...