SBP formulating plan to promote SMEs banking
LAHORE: Small and Medium Enterprises (SMEs) banking is poised for a shakeup, as State Bank of Pakistan has decided to initiate a roadmap for...
Huawei racks up 5G deals at top mobile fair despite US pressure
BARCELONA:Â Chinese telecoms giant Huawei racked up a slew of deals to sell 5G equipment at the world's top mobile fair in Spain despite Washington's...
Oil prices ease on surprise rise in U.S. stockpiles, but Middle East tensions support
Brent crude futures were at $70.90 a barrel at 0100 GMT, down 34 cents, or 0.5%, from their last close. Brent closed up 1.4% on Tuesday.
Employees of WAPDA, DISCOs and others to continue getting free electricityÂ
Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.
Bank valuations not to be impacted by apex court decision
LAHORE: The decision on Tuesday by the Supreme Court to increase minimum rate of pension to Rs8,000 per month for banks won’t have an...
Record oil output cuts fail to make waves in coronavirus-hit market
SINGAPORE/LONDON: The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb...
Growers, textile millers differ over intervention price of seed cotton
LAHORE:Â The federal cabinet while opposing the decision of the Economic Coordination Committee (ECC) has asked to review its decision of rejecting intervention price of...
Thar coal power plant set for completion by March 2019
ISLAMABAD: Thar coal power plant will be completed by March 2019 and start generating 660MW as most of the work on mining and power...
U.S factory output crossed 1.2 percent in February
WASHINGTON: U.S. factory output jumped last month, led by big gains in the production of cars, computers and furniture.
The Federal Reserve said Friday that...
Should you put Dalda in your portfolio?
On the surface, Dalda Foods looks like the kind of company that has characteristics investors would salivate over: the owner of a decades-old set...
Pakistan Textile City to wind up following ECC approval
A meeting of the Economic Coordination Committee (ECC) chaired by  Finance Minister Ishaq Dar has ordered the winding up of Pakistan Textile City Limited...
WAPDA to enhance Mangla capacity to 1310MW Â
Pakistan Water and Power Development Authority (WAPDA) is implementing Mangla Refurbishment Project with an approved PC-I cost of Rs 52.224 billion.
During visit to Mangla...
Saudi company ACWA to invest $4bn in Pakistan’s renewable energy sector
ISLAMABAD: Saudi power producing company ACWA Power on Sunday expressed its willingness to invest around $4 billion in Pakistan’s renewable energy sector.
This was expressed...
PFC demands industrial status for furniture sector
LAHORE:Â Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq has urged the government to award furniture sector the status of an industry so that...
Maple expands in midst of big year for cementÂ
MLCF now has more than 15% shareholding in Pioneer Cement
