Strong deposit growth bodes well for Pak banks
Deposits at Pakistan’s commercial banks reached Rs11.2 trillion as of December 30, 2016, some 20.4 per cent year-on-year growth in deposits compared...
PSX touches record height of 49,876 points
On first day of the business week, Pakistan Stock Exchange (PSX) on Monday closed at the highest level in its history by...
Seven latest locomotives reach Pakistan from US
A consignment of seven new modern locomotives has reached Karachi from the United States to reinforce Pakistan Railways’ existing fleet.
“Pakistan will receive...
ADB provides $196m loan for highways
Pakistan and Asian Development Bank (ADB) on Monday signed $196 million loan agreement for the post-flood national highways rehabilitation project.
The loan agreement...
Pakistan, China decide to include new projects in CPEC
The Joint Coordination Committee (JCC) has agreed, in principle, to include Keti Bunder Sea Port Development project, as well as Naukuridi-Mashkhel-Panjgur road...
FDI increases to 10 pc in July-Dec
FDI faces oscillating trend despite CPEC investments
The State Bank of Pakistan (SBP) disclosed that for the period July to December 2016...
CDWP approves 18 projects worth Rs 154 bn
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday approved significant projects to transmit electricity from the power plants to the national...
Pakistan poised to enter ‘hot zone’ economic activity, says Nestle MD
Citing improving economic growth, better law and order situation and easing energy crisis, Pakistan Nestle’s Managing Director and Chief Executive Officer sees...
Dar commends CDNS for becoming member of Automated Clearing System
ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar on Saturday commended the Central Directorate of National Savings (CDNS) for becoming a member...
APBF urges equitable CPEC benefits for all provinces
ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) project is a transnational project which promises faster growth and infrastructural development of the whole region...
Pakistan made significant improvements in infrastructure, energy sectors: report
ISLAMABAD: Nikkei Asian Review says Pakistan had recently witnessed significant improvements in its infrastructure and energy sectors due to vigorous efforts by...
Economic indicators show positive growth in first half
ISLAMABAD:Â Despite several challenges, the prudent strategy adopted by the incumbent government helped achieve the macroeconomic stability and now the economy is on...
Despite rising banks, US stocks split
NEW YORK: Wall Street has tread water on Friday, with the Dow Jones Industrial Average finishing lower for the second day in...
Global markets mixed as Wall Street treads water
NEW YORK: Global stock indices finished mainly higher on Friday as Wall Street ended split despite healthy bank profits and another record...
Dar, Google director discuss collaboration for economic digitalisation
Google Director Ann Lavin called on Finance Minister Senator Ishaq Dar on Thursday and discussed the possibilities of her company’s collaboration in...