Govt focusing on enhancing exports to strengthen economy: Miftah

Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.

Master Wind Energy applies for listing on PSX

Master Wind Energy Limited, achieved commercial operations status on 14 October 2016 and was its first jump into the realm of renewable energy

Diamond Industries settles liabilities, hopes to resume business activities soon

LAHORE: Diamond Industries Limited (DIL) on Thursday said it had settled liabilities amounting to Rs352.166 million with Allied Bank Limited and Rs137,297,971...

Oil prices near $80 per barrel, as supplies tighten

The International Energy Agency (IEA) said on Wednesday that it had lowered its global oil demand growth forecast for 2018 from 1.5 million barrels per day (bpd) to 1.4 million bpd

Kenyan digital payment company planning to open operations in Pakistan

Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia

Third launch ceremony for Pakistan Banking Awards held in Karachi

One new category for “Best Emerging Bank” has been added while the name of the category “Best Bank for Corporate Finance and Capital Market Development” has been changed to “Best Investment Banking”; while all other award categories remaining the same

TAPI gas pipeline to fulfil international, local environmental laws

ISLAMABAD: Parliamentary Secretary for the Ministry of Climate Change Romina Khurshid Alam said the government is making efforts to ensure that the...

Digital Pakistan policy set to be submitted for go-ahead

Ms Anusha Rehman said growth rate of exports has jumped to 125% over the last five years, adding that the IT industry is not only growing in terms of the number of companies and revenue but also in exports and workforce on a yearly basis

Industries to bear ten-hour power outages in Ramzan

Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced

Kuwait’s Noor Financial receives offer to divest part of Meezan Bank

LAHORE: Noor Financial Investment Company (Noor) has sought State Bank of Pakistan (SBP) permission for divestment of 9.59 percent of its 49.1...

MoC urged to consult relevant stakeholders before negotiating FTAs

ISLAMABAD: Members of Senate Standing Committee on Commerce Wednesday showed their concerns that the Ministry of Commerce has not consulted relevant stakeholders before negotiating...

Pakistan’s largest refinery project contract awarded to TechnipFMC

The project will be managed and operated by a wholly-owned subsidiary, PARCO Coastal Refinery Limited (PCRL).

Govt issues tenders to export 3000-tonne rice, 5000-tonne sugar to Nigeria

Pakistan has started implementing an agreement to export 3000 metric tonnes of rice to Nigeria while 5000 metric tonne sugar will also be exported to Nigeria.

Trade dispute organisation at MoC lacks legal cover to move against delinquent firms

In the absence of a dispute resolution mechanism, number of trade disputes crosses 500

SBP governor ensures low-cost housing finance policy

The financial sector is instrumental for the national development of the country. The role of institutions contributing to this sector in various forms need to be not only highlighted; but also duly acknowledged