Exim Bank to start functioning from December
The proposed Export-Import Bank (Exim Bank) is likely to start functioning by December, the Senate Standing Committee on Commerce was apprised on...
PSO, Toyota rollout cobranding activity at PSO retail stations
The country’s leading oil marketing company, Pakistan State Oil’s retail outlets were selected by the international automotive manufacturer Toyota to conduct a...
The First MicroFinanceBank signs pact with TPS Pakistan, enabling digital payment platforms
The First MicroFinanceBank Ltd. signed an agreement with TPS, a leading payment solutions company, to upgrade its ATM middle-ware and CMS technology.
The...
Telenor Microfinance Bank’s Easypaisa services available at Utility Stores nationwide
In a first-of-its-kind partnership, Telenor Microfinance Bank joins hands with Utility Stores Corporation (USC) to make its mobile money service, Easypaisa, available...
Meezan Bank announces Rs 1.5 bn profit in Jan-Mar 2017
Meezan Bank, the first Islamic bank of Pakistan, has continued its growth with momentum and has recorded good results for the quarter...
Cabinet seeks mini-budget to release billions for new gas supply schemes
The cabinet has asked the Ministry of Finance for an approval of a mini-budget from the parliament allowing the release of billions...
Chinese company to set up cross-border telecom infrastructure
China Telecommunications Corp will set up resources to complete cross-border telecom infrastructure initiatives including the China-Pakistan information corridor, the China-Laos-Thailand and the...
Punjab’s 1.5 year grace period on sale of loose food stuff set to expire: Mengal
The grace period of 1.5 years on the sale of loose food stuff will expire soon and will be banned under new...
Indus Motor declares 3rd interim dividend of Rs. 30 per share
A meeting of the board of directors of Indus Motor Company Limited was held on April 24, 2017.
On the basis of un-audited...
CCI to decide the fate of NEPRA’s sovereignty
Pakistan Muslim League-Nawaz (PML-N) government might face music in getting an approval from the upcoming Council of Common Interests (CCI) to put...
CPEC a watershed moment in history: Ahsan Iqbal
Federal Minister for Planning, Development and Reform Ahsan Iqbal said that Pakistan has achieved an economic growth rate of 5 per cent...
10th IGATEX Pakistan 2017 exhibition kicks off today
In the backdrop of improved law and order situation of the city, the exhibitors and organizers of international Pakistan textile machinery and...
‘Orange Cab’ scheme to double Suzuki’s car production
The ‘Orange Cab’ scheme announced by the Punjab Chief Minister Shahbaz Sharif for the unemployed youth may double the car production of...
Petrol prices may be revised downward
The petroleum product prices may be revised downward by Rs 1 to Rs 2 per litre as the crude oil prices have...
SBP amends exposure limits for banks
The State Bank of Pakistan (SBP) on Monday has made amendments to R-1 (Large Exposure Limit) Â of prudential regulations for corporate and...