The cluelessness of Standard Chartered’s Pakistan strategy
Stand outside the branch of Standard Chartered Bank Pakistan on Karachi’s historic McLeod Road, and it is difficult to escape a sense...
PITF to have 300 local and international exhibitors
KARACHI: Pakistan International Trade Fair (PITF) will prove to be a gateway for Pakistani industries to global markets as 300 companies including...
Citibank pondering establishing cash equities business in China
London: Citigroup Inc is considering setting up an onshore cash equities business in China and expanding research coverage of Chinese stocks, to...
Divisions scar FPCCI, as differences emerge
Islamabad: Divisions seems to be emerging as leaders of business community lambasted Federation of Pakistan Chambers of Commerce (FPCCI) on Friday for...
SEZs face further delay as feasibility studies remain incomplete
Islamabad: Special Economic Zones (SEZs) being setup under China-Pakistan Economic Corridor (CPEC) are expected to be further delayed as tussle between federal...
Nepra says power division is trying to limit its main role of tariff determination
Islamabad: National Electric and Power Regulatory Authority (NEPRA) launched a scathing attack on the power divisions effort to limit the regulators main...
Standing committee recommends change of nomenclature of PPIB
ISLAMABAD: Standing committee on Energy has recommended a change of nomenclature of Private Power Infrastructure Board (PPIB) to Pakistan Power Infrastructure Board...
CCP issues show cause notice to Telenor for deceptive marketing practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) yesterday issued a show cause notice to Telenor Pakistan for prima facie violating section 10...
Complaints backfire as hosiery exporters demand Rs42.5bn in refunds
ISLAMABAD: As the Ministry of Commerce has recently complained about technological advancement and up gradation on the part of exporters in textile...
Oil prices remain steady on back of record US crude oil exports
Singapore: Oil prices were stable on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports...
Rising demand of fuel led to 3pc sales increase in September
Karachi: POL oil sales have gone up by 3pc to touch 2.16m tons during September this year due to rising demand of...
NBP’s China branch opening faces delays as capital shortage looms
Islamabad: Following HBL’s lead, National Bank of Pakistan’s (NBP) recent indictment by the Supreme Court over a pensions related case has left...
HBL says misidentification of individuals led to fine by US regulators
Islamabad: In a bizarre saga regarding imposition of $225m penalty on Habib Bank by a US regulator, a senior official from the...
BOI seeks boost in FDI to $250b by 2025
Lahore: Board of Investment is said to be formulating a long-term plan to extract maximum benefits from China-Pakistan Economic Corridor (CPEC) and...
Overriding ban on imported fuel power plants, federal govt grants waiver to Punjab
Islamabad:Â The federal government has flouted its own ban of setting up power plants on imported fuel, as it has allowed Punjab to...