Measuring the market
How do retail brands measure their performance in Pakistan and how accurate is it? More often than not, the sole parameter used...
Abraaj Group’s chief in dire straits due to mishandling of funds
LAHORE: The Abraaj Group considered one of the largest and most influential investors in the developing world has ended up in hot...
Breaking rules, govt appoints consultant alternative chairperson PSDP
ISLAMABAD: Â Ministry of Planning, Development and Reform has made a controversial move by appointing a consultant alternative chairperson for mid-year review meetings...
Govt cuts funding by 60pc for 400 development projects
ISLAMABAD: Federal Government has cut funding for 400 new development projects by around 60 percent as it diverts these funding’s for establishment...
Bitcoin tumbles as cryptocurrency sell-off intensifies
LONDON/NEW YORK: Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $ 8,000 and headed for its biggest weekly loss...
MoF to raise Rs4.45tn with help of SBP by auctioning govt securities
KARACHI: The State Bank of Pakistan (SBP) reported on Friday it will auction government securities amounting to Rs 4.7 trillion during February...
Agreements worth $305mn signed with World Bank
ISLAMABAD: Agreements worth $ 305 million were signed with the World Bank (WB) here on Friday to support projects in the agriculture...
Country’s CPI surges by 4.4pc in January 2018
KARACHI: Pakistan’s Consumer Price Index (CPI) surged by 4.4 per cent on year-on-year basis in January 2018 as compared to an increase...
No objection regarding merger of Sindh Bank, Summit Bank: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday during a meeting of Senate Standing Committee on Finance and Revenue, informed that it does...
SBP foreign exchange reserves decrease 2.2pc in a week
KARACHI:Â Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $13.23 billion on January 26, down 2.2 per cent from...
ITU Fintech Centre inks agreement with Karandaaz Pakistan
ISLAMABAD:Â Information Technology University (ITU) of Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Centre...
NAB sends notices to defaulting buyers in privatisation of 14 companies
ISLAMABAD: Privatisation Commission (PC) has informed that National Accountability Bureau (NAB) has issued final notices to defaulting buyers of various organisations under...
PM witnesses signing ceremony of MoU between PSX and COPHS
KARACHI:Â Prime Minister Shahid Khaqan Abbasi along with other high ranking Chinese and Pakistani government officials witnessed signing ceremony of a Memorandum of...
SBP may uphold policy rates at 5.75pc or increase 25 basis points
KARACHI: The State Bank of Pakistan (SBP) may keep the policy rates and discount rates unchanged at 5.75 per cent or it...
Government not worried about increasing debt: MoF
ISLAMABAD: The federal government obtained $ 2.9 billion in loans from commercial banks, multilateral and bilateral institutions in December 2017 alone.
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