APO pledges support to Pakistan for improving productivity
ISLAMABAD: Asian Productivity Organisation (APO) Secretary-General Dr Santhi Kanoktanaporn Wednesday vowed to support Pakistan in skill development for innovation in productivity through...
Current Account deficit widens by 48pc
KARACHI: The current account deficit in the first seven months of 2017-18 amounted to $ 9.1 billion, up 48.1 per cent from...
Fiscal deficit widens to 2.2pc in first six months
ISLAMABAD: The debt-ridden government of Pakistan spent Rs 796.3 billion, which is 2.2 per cent of the nation’s GDP, more than it...
Government to sell PIA’s minority share of 49pc by April 15
ISLAMABAD: While the opposition parties are concerned about the mode of government in privatisation of Pakistan International Airline (PIA) just ahead of...
All parties should develop consensus on Economic Roadmap: Rana Afzal
ISLAMABAD: Minister of the State for Finance and Economic Affairs Rana Muhammad Afzal Khan has stressed that all political parties should develop...
Khushhali Microfinance Bank posts 40pc increase in pre-tax profits
KARACHI: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on February 14, 2018, in Islamabad, posting appreciable...
Market Daily: Indices succumb to late selling, shed 54.43 points
LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...
Federal budget 2018-19 to be business friendly: Rana Afzal
FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Saturday said the federal budget 2018-19 will be business friendly and utmost...
SECP fails to register major cases against insider traders, market manipulators
ISLAMABAD: Despite the promulgation of Securities Act 2015, declaring insider trading a criminal offence, the Securities and Exchange Commission of Pakistan (SECP)...
SWIFT makes headlines as hackers steal $6mn from Russian bank
MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international...
Market Daily: KSE 100 breaks 43,000 psychological barrier, gains 684.75 points
LAHORE: After two turbulent sessions at Pakistan Stock Exchange (PSX), just when it looked like things were going to fall apart, they...
SECP adopts three AAOIFI Shariah Standards
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of three Shariah Standards of the Accounting and Auditing...
Pakistan offers lucrative investment opportunities: President
ISLAMABAD: President Mamnoon Hussain on Thursday said that Pakistan was a land of opportunity and the government through good legislation and facilities...
MCB Bank profits plunge 14.03pc to Rs31.01bn
LAHORE: The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on February 15, 2018, to...
FDI decreases 2.9pc
KARACHI: Foreign Direct Investment (FDI) in the first seven months of 2017-18 amounted to $1.48 billion, down 2.9 per cent or $44...