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Sky Electric soon to launch Smart Energy System in Pakistan

Sky Electric Inc. is gearing up to launch a Smart Energy System in March 2017 in Pakistan, reported ProPakistani. The company has a reputation...

SBP seeks early resolution of US dollar notes issue

The State Bank of Pakistan (SBP) has urged all banks to either accept all kinds of US dollars (old and smaller denominations) or face...

Faysal Bank and EFU Life Insurance collaborate to offer new products to clients

Faysal Bank one of the leading banks of Pakistan has entered into two agreements with EFU Life Assurance Ltd to offer additional EFU Life...

LESCO grid operation & transmission system likely to be handed over to NTDC

The Lahore Electric Supply Company (LESCO) grid system operations are likely to be handed over to the National Transmission and Despatch Company (NTDC), reported...

PIA cuts a better wet lease deal with Turkish Airlines

Pakistan International Airlines (PIA) after incurring stark operational losses of over Rs 3 billion for running its Premier Service to London during the...

Pakistan Railways launches mobile app ticketing service

Train passengers can now use a mobile phone app to obtain tickets in the unreserved category, as the Pakistan Railways has launched paperless ticketing...

Pressure on rupee more imminent

Sliding even more sharply, the current account deficit was recorded at $1.19 billion in January 2017, compared to $1.02 billion in December 2016. The...

Hub Power announces profit of Rs5.3b

Hub Power Company Limited announced a profit of Rs5.3 billion for the half year ended December 31, 2016, down by 4 per cent from...
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