PQA identifies Jharri Creek as potential LNG zone for future LNG terminal

ISLAMABAD: The Port Qasim Authority (PQA) has identified Jharri Creek/ChanWaddo as potential LNG zone for future LNG terminal.Sources said that MoMA officials informed the...

Breaking rules, govt appoints consultant alternative chairperson PSDP

ISLAMABAD:  Ministry of Planning, Development and Reform has made a controversial move by appointing a consultant alternative chairperson for mid-year review meetings of Public-Sector...

German business confidence drops for 6th straight month

The Ifo institute said its monthly index declined to 98.5 points from 99.3 in January, sinking to its lowest level since December 2014

Federal budget disappoints PSX

KARACHI: The federal budget for 2018-19 has disappointed the stockbrokers/TREC holders of Pakistan Stock Exchange (PSX) as most of its proposals were ignored, says...

Appointment of six officials, MoST suspends keypunch operator over record tampering

ISLAMABAD: As the tug of war between federal and state ministers at Ministry of Science and Technology continues, the ministry has only suspended a...

250 Pak-importers to participate in Automechanika Shanghai 2017

KARACHI: Around 250 importers from Pakistan including delegations from Pakistan Auto Spare Parts Importers & Dealers Association (PASPIDA) North & South and Garden Commercial Vehicle...

Over Rs206 million spent by MoC on agricultural projects in last 3 years

ISLAMABAD: Ministry of Commerce (MoC) utilised Rs206.56 million (8 per cent) of Export Development Fund (EDF) for development of agriculture projects in the country during...

PCJCCI identifies potential sectors for Pak-China joint ventures

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between Pakistan and China,...

Market Daily: KSE 100 index closes at 46,486.50, up 9.77 points

LAHORE: The 100 Index started the day on a buoyant note, pushing the 100 Index higher in a bid to recoup losses from the...

Pakistani’s emerge as third biggest investor in Dubai’s real estate sector

Islamabad: Pakistan has emerged as the third largest real estate investor in Dubai, reveals Dubai Land Department (DLD).According to a private news channel, the...

Federal cabinet grants $2 billion loans retroactive approval

ISLAMABAD: The federal cabinet on Friday legitimised approximately $2 billion which were obtained by the government during the first half of 2017 without taking definitive...

Dollar edges up against yen on U.S.-China trade hopes

The dollar index, which measures the greenback against six major peers, was largely flat at 96.056 after briefly rising to a near two-week high of 96.264 during the previous session

First unit of Neelum Jhelum Hydropower Project likely to start generation by Feb 2018

ISLAMABADThe strategically important Neelum Jhelum Hydropower Project (NJHP) is fast heading towards its completion and is scheduled to start electricity generation with the commissioning...

MCB profits jump up by 27.8pc to reach Rs13.69b for Jan-June 2017

Karachi: In a notification sent to the bourse on Friday. Muslim Commercial Bank Limited (MCB) announced its financial results for the half year Jan-June...

PSX stops trading early due to technical fault

KARACHI: The Pakistan Stock Exchange (PSX) stopped working, trading at counters, at 2:10 pm due to some technical fault in its IT section, the...

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Former PSX chairman Richard Morin breaks his silence

The former CEO of the Pakistan Stock Exchange (PSX) Richard Morin has come out swinging against rumours surrounding his abrupt resignation as the boss...

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