Fuel prices expected to rise by Rs5 per litre next month
ISLAMABAD: Oil prices are expected to increase by Rs5 for the next month as a result of the swelling crude oil prices in...
SBP injects Rs155 billion into market
KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs155 billion into the market for one day, as reverse repo purchase...
Pakistan among top 5 countries in infrastructure investment worldwide
ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...
Three mega LNG-based power plants fail to produce electricity: ICST
ISLAMABAD: Islamabad Chamber of Small Traders (ICST) on Thursday said three mega LNG-based power plants have failed to produce electricity despite repeated...
PSQCA committed to raising quality standards in Pakistan: Dr Barkat
KARACHI: The Pakistan Standards and Quality Control Authority (PSQCA) as a national standards body, is committed to play its multidimensional role of...
Engro Fertilizers’ ‘Aam Aadmi Nahin’ recognised at PAS Awards 2018
ISLAMABAD: Engro Fertilizer’s campaign “Aam Aadmi Nahin” has recently been recognised at the PAS Awards 2018, an initiative of Pakistan Advertisers Society,...
British trade minister assures Pakistan greater market access post-Brexit
ISLAMABAD: British Minister of State for Trade Policy Greg Hands has assured to work with Pakistan to promote it as a safe destination...
Massive demand for Pak cement in South Asian, African markets
KARACHI: The export of cement to India and Vietnam is viable through land routes since there is a huge demand for Pakistani cement...
Ministry of commerce to submit final draft framework of e-commerce policy
ISLAMABAD: After accommodating the recommendations of Prime Minister Secretariat, the Ministry of Commerce (MoC) is going to submit the final draft of...
Bank Al-Habib expands into Kenya, opens representative office
LAHORE: Bank Al-Habib Ltd in an attempt to tap into the multibillion-dollar international transaction business in its first investment in Africa, has been...
CCP concludes open hearings on issues related to real estate sector
KARACHI: The Competition Commission of Pakistan (CCP) concluded three open hearings on the real estate sector in Pakistan to give an opportunity to...
How HSBC went kaput three times trying to establish a presence in Pakistan’s banking sector
LAHORE: Many foreign banks have forayed into Pakistan’s banking sector with aplomb in the last few decades, namely Citibank, Barclays, HSBC, Crédit...
Meezan Bank announces Rs2.34bn Q32018 profit after tax
LAHORE: Meezan Bank in a notification to the Pakistan Stock Exchange (PSX) released its financial results for the quarter ended March 31,...
Govt, Meezan Bank working on a 10-year Shariah-compliant bond
LAHORE: The Government of Pakistan and Meezan Bank are working together to introduce a Shariah-compliant version of the 10-year bond, revealed an article...
New Shariah standards adoption will increase availability of sukuk instruments: Moody’s
LAHORE: Moody’s on Thursday said the adoption of new Shariah standards would help widen the issuer base and increase the availability of...