SECP continues enforcement drive against insurers
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has concluded adjudication proceedings against six insurance companies in July and August 2017.Orders were issued...
Euro zone bond yields nudge up, flash inflation looms
French consumer prices rose 2.5 percent in October, just shy of the highest inflation level since March 2012, data on Wednesday showed
Japanese foreign minister for ‘Naya Pakistan-Japan’ relationship
ISLAMABAD: The Japanese State Minister for Foreign Affairs Kazuyuki Nakane conveyed his best wishes to the incumbent Finance Minister Asad Umar on assuming charge...
Austrian envoy assures cooperation in clean energy development
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Tuesday appreciated the Austrian cooperation in different hydroelectric and energy projects across Pakistan.The minister was...
Seminar calls for imitation of Chinese model to tackle poverty, corruption
‘China’s trust on indigenous values, wisdom and socio-economic reforms led it towards the path of prosperity and development’ISLAMABAD: Speakers at a seminar on Saturday were...
KSE-100 sheds 670 points in intra-day trading
The KSE-100 Index plummeted as much as 670 points or 1.35% during intra-day trading.It is believed that SECP’s crackdown on in-house financing and Panama...
Govt realises all Rs 172,870 mln of 5 divestment proceeds in 3 years
No amount is outstanding as the government has realised full proceeds relating to privatisation transactions of five public sector entities during the past three...
ZTBL declines to decrease markup on agri loans
NBP decides to reduce its pricing by 1 pc for small farmersWhile country’s agriculture has been witnessing a visible reduction in crops, Zarai Taraqiati...
From rural Pakistan to Silicone Valley: A tale of fighting poverty
LAHORE: The story of Umaimah Mendhro, the founder and Chief Executive Officer (CEO) of VIDA, an e-commerce company that connects designers, producers, and consumers, is...
‘Sarmaya Pakistan Co’ established to revive 193 public sector entities: Fawad
The cabinet also decided to maintain the support price for 40 kg wheat at Rs1300 and deliberated the policy to dispose of one million tonnes surplus wheat
Hascol’s profit after tax rises 10.8pc YoY
LAHORE: In a notification to the Pakistan Stock Exchange (PSX) on Tuesday, Hascol Petroleum Limited declared its financial results for the year ended December 31,...
Stock market may hold up to eight IPOs in 2019
Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political stability’KARACHI: The Pakistan...
PSX remained a level playground for winners and losers
PSX started off on an excellent note for the day climbing from 49428.27 points to the highest for the day at 49933.91 points before...
Pakistan hasn’t fully enacted GSP+ conventions: Report
EU trade delegation would seek responses to questions already forwarded to all the stakeholders regarding the implementation of the 27 conventions
China slashes banks’ reserve requirements as trade war imperils growth
The reserve requirement cut, the fourth by the People’s Bank of China (PBOC) this year, comes as Beijing has pledged to expedite plans to invest billions of dollars in infrastructure projects as the economy shows signs of cooling further, with investment growth slowing to a record low
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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...
The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles
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Total external debt & liabilities soar to $99.1 billion by end...
During the first half (July-December) of FY19, the government procured $11.3 billion loans from several countries compared to $8.6 billion till the end of June last year
