How bank CEOs rake in the big dough
As the curtain coming down on 2017 coincided with his premature exit as CEO of Pakistan’s largest commercial bank, Habib Bank Limited,...
Is OLX feeling hot under the collar?
It’s an exciting time to be in Pakistan. We are seeing it in the numbers, in the growth we are getting, and...
Vietnam aims to take trade with Pak to $1 bn
LAHORE: The Vietnamese want to take bilateral trade with Pakistan from the current $700 million to $1 billion, as economic and trade...
AGP says BankIslami-KASB bank merger resulted in Rs3.5 billion loss to national exchequer
LAHORE: A recently released report of the Auditor General of Pakistan (AGP) office has again alleged the BankIslami-KASB bank merger caused around...
Japan on the road to cryptocurrency licensing
TOKYO: Four years after popular Tokyo-based bitcoin exchange Mt Gox was hacked and went bankrupt, the case still casts a shadow over...
Bahrain discovers biggest oil field in its history
DUBAI: Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike...
Water scarcity could topple all economic efforts in near future
ISLAMABAD: To ensure overcoming water shortage and achieving sustainable economic growth, the Islamabad Chamber of Commerce and Industry (ICCI) Saturday called upon the...
Electric fan production rises 14.91pc during first seven months this year
ISLAMABAD: Production of electric fans in the country increased by 14.91 per cent during the first seven months (July-Jan) of the year...
Tobacco, cement, cotton production increases from last year
ISLAMABAD: Cement production in the country, witnessed a growth of 12.13 per cent during the first seven months of the current fiscal year, as...
Pakistan not ready to reap full benefits of CPEC
LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
Market unshaken despite external woes, gains 13pc QoQ
LAHORE: Despite depleting foreign exchange reserves, Pakistan equities continued its positive trajectory for third consecutive week, gaining 530 points (+1.2 per cent)...
KCCI urges lawmakers to ensure uninterrupted electricity to industrial zones
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concerns over the current spell of unannounced load...
Pakistan’s air traffic growth far below IATA’s projection
KARACHI: Far from near double-digit growth projection by International Air Transport Association (IATA), Pakistan’s domestic air traffic increased by 3 per cent...
Karachi looks towards infrastructure projects to boost economic growth
KARACHI: With security threats on the wane, Pakistan is turning its attention to accelerating economic growth by unsnarling traffic in its big...