JS Bank focusing on corporate, mortgage financing, says CEO 

KARACHI: The newly appointed Chief Executive Officer (CEO) of JS Bank, Basir Shamsie Friday said the bank is focusing on corporate and mortgage financing...

Engro Polymer & Chemicals to enter hydrogen peroxide business with $23m investment

Engro Polymer & Chemicals Limited derives hydrogen as part of its caustic manufacturing process

HDIP to upgrade hydrocarbon testing labs at a cost of Rs270m

Rs100 million would be utilized for expansion and up-gradation of Pakistan Petroleum Core house (PETCORE) for its sustainable operations to facilitate oil and gas exploration research in Pakistan

SBP to sell Rs5.15 trillion of MTBs & PIBs in Sep-Nov 2018

As per data released by SBP, commercial bank holdings in government securities posted a slight increase, touching Rs7.372 trillion at end of June 2018 against Rs7.363 trillion in the same period of last year

PTI govt planning to resuscitate EDB

An official from the EDB said the newly installed government was interested in including the EDB in engineering focus areas with an aim to bring in latest technologies

Patent, copyright registrations on the rise in Pakistan

KARACHI: A steady surge has been noticed in the number of patent registrations and the copyrights applications received at the World Intellectual...

Jahangir Ali Shah appointed as PSO’s acting MD

The Government of Pakistan has appointed Jahangir Ali Shah as acting Managing Director, Pakistan State Oil (PSO) - a notification to this...

Gwadar’s development focal point for CPEC: planning minister

Minister for Planning, Development and Reform (PD&R), Makhdoom Khusro Bakhtiar said that China-Pakistan Economic Corridor (CPEC) growth projections and investment thus far...

Pak-Saudi Joint Working Group resolves to strengthen trade, investment

The Pak-Saudi Joint Working Group on Trade and Investment was constituted in the 11th session of Pak-Saudi Joint Ministerial Commission held at...

Eighteen marks its presence in KPK, launches sales office in Peshawar

Eighteen – Pakistan’s most luxurious and modern, mixed-use, residential project, in an aim to enhance its presence provide convenience for its investors...

Serena Hotels wins at World Travel Awards 2018

Serena Hotels has won the 'Leading Hotel in Pakistan Award' at the World Travel Awards 2018 gala ceremony in Hong Kong. The results...

Foreign reserves held by SBP fall by $342mn

The total liquid foreign reserves held by the country stood at $16,369.7 million on 31 August 2018, according to the State Bank...

Telecom sector witnesses dramatic increase in revenues

ISLAMABAD: The telecom industry has seen a dramatic increase during the last four years as its revenue reached $15.35 billion from July...

Consul General Japan presents commendations award to PJBF

KARACHI: The Consul General of Japan, Toshikazu Isomura, awarded its most prominent Foreign Minister’s Commendation Awards to Sohail P Ahmed, Pakistan Japan...

Meezan Bank announces 30pc growth in half-year financial results

KARACHI: The Board of Directors of Meezan Bank in its meeting, approved the Bank’s financial statements for the half year ended June...