SBP amends exposure limits for banks
The State Bank of Pakistan (SBP) on Monday has made amendments to R-1 (Large Exposure Limit) of prudential regulations for corporate and...
CAA gives 45 days to Shaheen Air to renew its flying license
The Pakistan Civil Aviation Authority (PCAA) on Monday gave 45 days to Shaheen Air International (SAI) for the acquisition of a fresh...
Air Blue holds GiveAways show at Safa Gold Mall
Air Blue on Monday executed a “GiveAways Show” at Safa Gold Mall, Islamabad, to attract clients towards its one-way and round-trip deals,...
NBP to introduce Shariah compliant Youth Business Loan Scheme
National Bank of Pakistan (NBP) is likely to launch the Prime Minister Youth Business Loan (PMYBL) scheme under the Islamic Banking Division...
SECP agrees to country’s first Private Equity Fund
The Securities and Exchange Commission of Pakistan (SECP) has given go-ahead to the country’s first private equity and venture capital fund worth...
9 industrial zones to be constructed under phase-II of CPEC
The Ministry of Planning, Development & Reform has said that the initiation of the second phase of China-Pakistan Economic Corridor (CPEC) projects...
Plastic industry seeks reduction in taxes
The three-day PakPlas2017 – the International Exhibition of Plastic Machinery, Equipment, Raw Material and Technology was held on Sunday at the Expo...
Exporters demand professional CEO of TDAP
A large number of exporters have urged the government to appoint some top professional to head the Trade Development Authority of Pakistan...
Govt likely to drop Muzaffargarh, RYK power plants from CPEC
The government is likely to exclude 1,320 MW each Rahim yaar khan coal power plant and Muzaffargarh power plants from the China-Pakistan...
Proper insurance system can strengthen agriculture sector: FPCCI
The federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Sunday said a proper insurance system can strengthen the agriculture sector...
Power ministry allegedly responsible for power sector’s growing circular debt
Power sector owes Rs 227.3b to PSO
PSO maintains uninterrupted supplies to the power plants despite perpetual defaults of payments
The menace...
Nandipur Plant converted to LNG, likely to generate additional 100MW from 1st May
The Nandipur Power Plant has been successfully converted to liquefied natural gas (LNG), as of Saturday, 22 April 2017.
The Nandipur Power Plant...
Easypaisa No.1 in Branchless banking: SBP
According to figures released by the State Bank of Pakistan for branchless banking (BB), Easypaisa retained its number one position with 9.1m...
PM orders investigation of Power Distribution Companies
The power distribution companies will come under the scanner as the Prime Minister Nawaz Sharif has instructed the relevant authorities to conduct...
Govt drafting strategy to boost pulses’ production
Minister for National Food Security and Research Sikandar Hayat Khan Bosan while addressing a news conference on Friday has informed that the...