Raw cotton exports increase 49.78pc in five months
ISLAMABAD: Raw cotton exports from the country during the first five months of the current financial year, 2017-18, increased by 49.78 per...
SBP approves CNY for bilateral trade, investment activities
KARACHI: The State Bank of Pakistan (SBP), in the capacity of the policymaker of financial and currency markets, has taken comprehensive policy...
Share of Shariah-compliant assets steadily rising
ISLAMABAD: Growing at a fast rate, Shariah-compliant assets now represent 34.6 per cent of the total assets of the Non-Banking Financial Institute...
Market Daily: PSX dances to New Year, settles on a high
LAHORE: The Pakistan Stock Exchange (PSX) swayed like a seesaw, touching its intraday low of 40,169.92 points, down by 302 points or...
Pakistan mobile broadband users increase drastically
ISLAMABAD: Pakistan has seen a dramatic increase in mobile broadband penetration over the past five years as mobile broadband subscribers have reached...
Country’s electricity transmission system still being run on obsolete, risky mechanism
LAHORE: Despite claims and promises of the government, country’s electricity transmission system still is being run on an obsolete and risky mechanism,...
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a...
Will KIA be third time Lucky?
“You could have a Kia Classic, which was just a little below Honda City in terms of performance, in the price of...
Massive irregularities in LNG supply contract unearthed
ISLAMABAD: A joint audit special study has unearthed several irregularities and raised serious questions over the purchase of Liquefied Natural Gas (LNG)...
Philip Morris (Pakistan) sets new tobacco export record in 2017
KARACHI: Philip Morris (Pakistan) Limited (PMPKL) has set a new record for Pakistan’s tobacco sector by exporting around 7.3 million kilograms of...
Azad Pattan hydro-power project to add 700MW of electricity by 2022
KARACHI: To raise the share of hydropower production in the total energy mix, Pakistan will be adding around 700 megawatts in Azad...
NBP appointment policy issue referred to SBP for investigation
ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs Friday decided to refer the National Bank of Pakistan’s (NBP) new...
660 megawatt Thar coal-fired power plant to be operational by Dec 2018
KARACHI: An interactive session was organized on Friday by Sindh Engro Coal Mining Company (SECMC) at Governor House, Karachi.
While presiding the session,...
Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam
ISLAMABAD: Due to lingering transboundary dispute with India, China has refused to provide financing for Diamer-Bhasha Dam, following in the footsteps of...
Ogra recommends Rs4.06 per litre hike in petrol prices for January
ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...