Jazz appoints Kazim Mujtaba as Head of Marketing

Islamabad: Kazim Mujtaba has been appointed as Jazz’s Head of Marketing, according to his LinkedIn profile and also reported by a local technology website. Prior...

Telecom sector; third highest contributor in terms of FDI for July-August 2017

Karachi:  Pakistan’s telecom sector was the third highest contributor in terms of foreign direct investment (FDI) during July and August, reported State Bank of...

Global oil prices fall slightly on news of rising US shale output

Singapore: Oil markets dipped on Tuesday, pulled down by rising U.S. shale output and fears that another hurricane hitting the Caribbean could knock out...

Packages Limited completes 35pc acquisition of Stora Enso’s stake in BPL

Karachi: In a notification sent to the bourse on Tuesday, Packages Limited announced that it had completed its 35pc acquisition of Stora Enso’s stake...

Telecom operators collected around Rs2 trillion in taxes during last five years

Islamabad: The cellular companies received nearly Rs 2 trillion as tax from customers during the past five years, reported Online. According to documents available...

Asians stock markets slip after record highs on Wall Street

Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve...

China inks $375m MOU’s at 18th International textile Asia exhibition

Lahore: A local newspaper reported that China signed $375m worth memorandum of understandings (MOUs) for investment in Pakistan at the 18th International Textile Asia...

ADB $900m loan faces bureaucratic hurdles and procedural delays

Islamabad: A local newspaper reported that $900m Asian Development Bank (ADB) funding approved for Pakistan has been affected by bureaucratic hurdles and complex procedural...

UK to maintain GSP Plus facility unilaterally after Brexit

Islamabad: Though confusion still persists regarding the trade preference to Pakistan by European Union after Brexit, United Kingdom has assured that the GSP Plus facility will...

Bank of China allowed to commence banking operations in Pakistan

KARACHI: State Bank of Pakistan (SBP), has given approval to the Bank of China Limited (BCL), for commencement of its banking business in Pakistan. Earlier, SBP...

NAB considering launch of formal investigation to probe KASB amalgamation case

ISLAMABAD: The  National Accountability Bureau’s (NAB) executive board is considering conversion of an inquiry into a formal investigation to probe the KASB Bank amalgamation deal...

Monster of circular debt resurfaces, goes beyond Rs729bn

ISLAMABAD Despite tall claims of good governance by Pakistan Muslim League-Nawaz (PML-N) government, the menace of circular debt has resurfaced once again to an alarming...

Chinese entity to setup coal-fired power plant in Gwadar

Karachi: National Electric Power Regulatory Authority (NEPRA) has accepted the application of China Communications Construction Company Limited (CCCC) for setting up a 300 megawatt...

Gasoline consumption went up during FY 2016-17

Islamabad: Gasoline consumption went up during last financial year 2016-17, according to a senior finance ministry official reported a local newspaper. The official attributed this rise...

Habib Metro Modaraba set to get listed on PSX

Lahore: Habib Metro Modaraba shares are set to get listed on the Pakistan Stock Exchange (PSX) as its initial public offering starts from September...

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50 reasons to keep your faith in Pakistan

Though it is a moot point what our political, socio-economic conditions should ideally have been today, had the road not been uphill all the...

Jazz going in for the kill