SECP to support foreign companies in expanding investment portfolios in Pakistan

ISLAMABAD: The economic growth of the country is dependent on the inflows of foreign capital from the international corporate sector and the Securities...

SBP keeps policy rates unchanged at 5.75%

KARACHI: The State Bank of Pakistan (SBP) on Friday decided to keep the policy rate unchanged at 5.75 per cent following the...

SBI supporting local, foreign investors through SEZs

KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...

Money supply went up 0.83 percent year-on-year: SBP

KARACHI: State Bank of Pakistan on Friday released data which disclosed money supply went up 0.83 percent year-on-year during July-January of FY...

ICCI asks govt to provide interest free loans to youth for business startups

ICCI president said that 60 percent of our population was comprised of youth and government should create an enabling environment to engage youth in entrepreneurial activities

Govt urged to safeguard local industry

'Govt should instruct all business-related departments to focus on resolving key issues of the industry' ISLAMABAD: Islamabad Chamber of Commerce and Industry President...

IPPs payables reach Rs191b, may shut down their power plants

Islamabad The IPPs Advisory Council (IPPAC) has claimed that till May 15th the figure of payables has reached Rs191b and if the payment...

Govt to impose additional surcharges on electricity consumers

Islamabad: In order to obtain a $300m loan facility from the Asian Development Bank (ADB), the government has succumbed to the demands...

Oil prices climb due to Iran sanction threats

Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...

US manufacturing struggling as orders, shipments decline

WASHINGTON: New orders for US-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in...

Pharmaceutical exports increase 8pc to 211.6m

ISLAMABAD: The exports of pharmaceutical products from the country during the Financial Year 2018-19 grew by 8.6pc as compared to the corresponding period...

Senate unanimously approves the draft Companies Bill, 2017

The Senate on Monday unanimously approved the draft Companies Bill, 2017. Earlier, on February 6, 2017, the National Assembly had passed it,...

Proposed tariff regime hasn’t eroded stock prices of SNGPL, SSGC, says: OGRA

ISLAMABAD: The proposed tariff regime for natural gas sector hasn’t eroded share prices of state-owned gas utilities Sui Northern Gas Pipelines (SNGPL)...

Pakistan among the top ‘emerging’ importers of LNG

According to a Columbia University report, Pakistan is among the top ‘emerging’ importers of Liquefied Natural Gas (LNG). The LNG supply surge that...

China’s leading company’s power transformers have 70 pc market share in Pakistan

BEIJING: Chint Group, China's leading industrial electrical equipment and new energy enterprise in the private sector has said its power transformers have...