$10b Pak-Russia offshore gas pipeline deal under negotiations

ISLAMABAD: Bilateral negotiations are in progress to finalise a Memorandum of Understanding (MoU) for an offshore pipeline deal, aimed at supplying gas...

Pakistan dismisses US concerns about IMF bailout

ISLAMABAD: Pakistan on Wednesday dismissed US concerns for 'a new International Monetary Fund (IMF) bailout for the South Asian nation are to...

Market Daily: KSE-100 down 844 points

LAHORE: The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Tuesday after four days in the green. An international media agency...

Pakistan’s first digital nano loan launched by Telenor Microfinance Bank

KARACHI: In continuation of its efforts to increase financial inclusion, as part of the Government of Pakistan’s National Financial Inclusion Strategy of...

Lucky Cement records consolidated profit of Rs14.82b

KARACHI: On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs14.82 billion after taking out Rs1.35 billion...

Market Daily: Investor interest on the rise, KSE-100 up 770 points

The KSE-100 index jumped 818.59 points in the session to touch 43,605.04 and closed the session higher by 770.18 points at 43,556.63.

Naya minister, meet purani ministry

The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself

Capital markets key avenue for attracting foreign inflows: Dr Shamshad Akhtar

ISLAMABAD: Strengthening of the capital market is critical for augmenting domestic resource mobilisation to support the growing financing requirements of the country,...

Handling of economic challenges to guide investors’ sentiments next week

LAHORE: Experts believe the relief rally is to be fizzled out gradually over the upcoming week following the shift of focus on key...

PLL’s inefficiencies cause losses to the tune of Rs.1.8b

ISLAMABAD: The country has faced a loss of approximately Rs1.8 billion in two months (May and July 2018) as Pakistan Liquefied Natural Gas Limited...

Caretaker government proposes minibudget

Cut in expenditure, additional regulatory duties on the cards

Global foreign investment flows tumble on Trump’s tax reform, OECD says

OECD's study revealed global foreign direct investment outflows tumbled 44 percent to $136 billion in the first quarter of this year, from $242 billion in the previous quarter

ACCA wins bid to develop public sector finance professionals in Pakistan

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) on Friday announced that it has been awarded a high-level project to develop a Professional Accreditation Programme...

A narrow tax base to be the main challenge for next government: Moody’s

LAHORE: July 25 saw Pakistan transitioning into a democratic system for the second time in its 71 year history. The former government left...

Experts believe Dollar may further weaken against Rupee

KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the...