WAPDA chairman discusses financing for WAPDA projects with French ambassador
LAHORE:Â The Pakistan Water and Power Development Authority (WAPDA) Chairman Lieutenant General (retd) Muzammil Hussain today called on the French Ambassador to Pakistan...
SBP increases discount rate by 25bps to 6 per cent after 19 months
KARACHI:Â The State Bank of Pakistan (SBP) governor, on Friday, increased the discount rate by 25 basis points to 6 per cent after...
Diesel generators major source of environmental pollution, say: Telcos
KARACHI: Various Pakistani telecom operators said they are being forced to invest in power generation to provide uninterrupted mobile services to millions of...
Pakistan open to businesses and investment in diverse areas: PM Abbasi
DAVOS: Prime Minister Shahid Khaqan Abbasi Thursday said Pakistan with a huge market of 200 million people, an annual economic growth of...
Matco Foods book-building concludes, over-subscribed by 1.044 times
LAHORE: In a bourse notification filed Friday by Muslim Commercial Bank (MCB) disclosed that Matco Foods book-building was over-subscribed by 1.044 times.
MCB...
AEDB keen on exploiting Balochistan’s wind energy promise
ISLAMABAD: The Alternative Energy Development Board (AEDB) on Thursday in its board meeting reached a consensus to tap wind energy potential present...
Pakistan has no debt fears arising out of CPEC: PM Abbasi
DAVOS: Prime Minister Shahid Khaqan Abbasi said Pakistan didn’t have any debt fears arising out of the China-Pakistan Economic Corridor (CPEC).
In an...
Lahore, the costliest city to live in Pakistan: SBP
KARACHI: Inflation monitor data from State Bank of Pakistan revealed Lahore has the highest inflation compared to other cities across the country.
Inflation...
Political stability, policy continuation critical to Pakistan’s economic growth: Ahsan Iqbal
ISLAMABAD: Minister for Interior and Planning, Ahsan Iqbal on Tuesday urged for political stability and policy continuation to allow Pakistan’s economy to...
Oil prices fall, as dollar back-pedals decline
NEW YORK: Oil retreated late on Thursday as the U.S. dollar rebounded from early losses and strengthened, denting support for the latest...
CCP holds public hearing on sugar sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Thursday held an open hearing to discuss the competition concerns in the sugar sector...
Tax holiday for businessmen under CPEC projects to help establish industrial zones: Afzal
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday said that tax holiday given to businessmen and companies under China...
Pakistan failed to devise specification of manganese additive in petrol
ISLAMABAD: Pakistan has still not formally revised the specifications of fuels and due to which increased content of manganese in gasoline has...
SBP may uphold policy rates at 5.75pc or increase 25 basis points
KARACHI: The State Bank of Pakistan (SBP) may keep the policy rates and discount rates unchanged at 5.75 per cent or it...
Pakistan has no option but to approach IMF again: Dr Waqar Masood
ISLAMABAD: After banging the drums with no results the PML-N led government is back to where it started financially. Pakistan is left...