ICCI asks NBP to offer easy credit scheme for SMEs

Senior Vice President, Islamabad Chamber of Commerce and Industry Khalid Malik has called upon the National Bank of Pakistan to consider offering...

PIA facing a monthly loss worth $3.25 bln: CEO

Pakistan International Airline’s (PIA) Acting Chief Executive Officer, Nayyar Hayat, has blamed Gulf-based Airlines and the misuse of open sky policy for...

MCB launches state of the art digital lounge at Packages Mall, Lahore

MCB Bank, "Pakistan's Best Bank" (Euromoney & Finance Asia Awards, 2016), launched its flagship branch featuring its first State-of-the-Art Digital Lounge at...

Telenor foresees solid internet growth in Pakistan

Earnings margins in Telenor’s extensive Asian operations have been lifted by the ongoing growth in mobile broadband usage in the region, Chief...

Islamic finance growing rapidly: Sindh governor

Sindh Governor Muhammad Zubair said that Islamic finance has been growing rapidly in not only Muslim countries but also in non-Muslim countries. Addressing...

Rs25b payment in the offing to power and fuel suppliers within a week

The government has decided to make an upfront payment of Rs25b to power producers and fuel suppliers within a week’s time for...

Qatar may be awarded $1.5b Karachi-Lahore gas pipeline on a government to government deal

Qatar has expressed an interest in the $1.5b Karachi-Lahore gas pipeline project for supply of imported liquefied natural gas (LNG). The country is...

Punjab Revenue Authority may seal other offices of Telenor Pakistan on account of alleged tax default

The Punjab Revenue Authority (PRA) on Thursday directed Telenor Pakistan to clear all its dues or face the prospect of their offices...

Thar to Lahore transmission line being planned by government

Plan to lay another high voltage power line from Thar to Lahore is being considered by the government for transmission of 4,000 megawatts...

Telecom sector seeks reduction in withholding tax and sales tax rates for upcoming budget

The telecom sector is lobbying with the government to reduce the withholding tax and sales tax rates in the budget slated to...

Japan provides $ 24 million for Islamabad-Burhan Transmission Line

Japan and Pakistan on Thursday signed a loan agreement worth $24 million for the first phase of implementation of Islamabad-Burhan Transmission Line...

Japanese Foreign Minister due to sign 2665m yen ODA loan

The State Minister for Foreign Affairs of Japan, Nabuo Kishi, is arriving here to sign a ODA (Official Development Assistance) loan of...

Plan to privatize Disco’s shelved

In a meeting of the National Assembly Standing Committee on Water and Power held on Wednesday, the Secretary Water and Power Yousaf...

Bank Alfalah to disburse PTET employees’ pensions via digital wallets

Bank Alfalah, Pakistan’s leading banking institution, has entered into a strategic arrangement with Pakistan Telecommunication Employees Trust (PTET) for the disbursement of...

PSO’s managerial excellence at JIMCO terminal commended by VP Total Parco

Vice President Operations, Total Parco, Rene Pierre Raffalli and other high officials, recently visited the JIMCO Oil terminal in Mehmoodkot, Punjab to...