Govt taking measures to boost agriculture-led exports: commerce minister

ISLAMABAD Federal Minister for Commerce and Textile Muhammad Pervaiz Malik on Wednesday said that Pakistan has huge potential in Agriculture trade and local...

Bank Alfalah bags ‘Best Bank Award’ at low-key 2nd PBA

Banking industry playing role in job opportunities, strengthening economy: Tariq Bajwa KARACHI At the second Pakistan Banking Awards (PBA) Tuesday, the prestigious ‘Best Bank Award’...

Moody’s affirms Habib Bank’s B3 local-currency deposit rating; downgrades its baseline credit assessment to caa1

Limmasol: Moody's Investors Service on Monday affirmed Habib Bank Ltd. (HBL)'s B3/Not-Prime local currency deposit ratings and its Caa1/Not-Prime foreign currency deposit...

KfW to keep providing assistance for development of water and hydro-electric projects in Pakistan

Lahore: A local newspaper reported that German financial institution KfW will keep providing assistance in the development of water and hydroelectric power...

Centralized system should be established for telecom policy intervention says: PTA

Islamabad: Pakistan Telecommunication Authority (PTA), Chairman Ismail Shah on Tuesday said the government needed to establish a centralized system for telecom policy...

Wheat and sugar exports surge by 100pc during July 2017

Islamabad: The exports of wheat and sugar from Pakistan during the first month of current financial year witnessed 100 percent increase as compared...

Karkey awarded $700m damages in rental power plant case

Islamabad: A local newspaper reported that Turkish entity Karkey Karandeniz Eelktrik Uretim As, has been awarded damages worth $700m over the rental...

SBP to hold an inquiry into closing of HBL NY branch

Islamabad: The State Bank of Pakistan (SBP) will hold an inquiry into the closure of Habib Bank Limited’s (HBL) branch in New York...

K-Electric posts Rs32.75bn profit

KARACHI K-Electric (KE) held its 106th Annual General Meeting (AGM) for the FY 2016, chaired by Independent Director Khalid Rafi, in the presence...

Bank Islami rubbishes claims of receiving financial assistance from SBP

KARACHI Bank Islami Pakistan Limited (BIPL) clarified in a statement filed in the stock exchange that it did not receive any financial assistance...

Jazz appoints Kazim Mujtaba as Head of Marketing

Islamabad: Kazim Mujtaba has been appointed as Jazz’s Head of Marketing, according to his LinkedIn profile and also reported by a local...

Telecom sector; third highest contributor in terms of FDI for July-August 2017

Karachi:  Pakistan’s telecom sector was the third highest contributor in terms of foreign direct investment (FDI) during July and August, reported State...

Global oil prices fall slightly on news of rising US shale output

Singapore: Oil markets dipped on Tuesday, pulled down by rising U.S. shale output and fears that another hurricane hitting the Caribbean could...

Packages Limited completes 35pc acquisition of Stora Enso’s stake in BPL

Karachi: In a notification sent to the bourse on Tuesday, Packages Limited announced that it had completed its 35pc acquisition of Stora...

Telecom operators collected around Rs2 trillion in taxes during last five years

Islamabad: The cellular companies received nearly Rs 2 trillion as tax from customers during the past five years, reported Online. According to...