14 banks to remain open this weekend to facilitate Hajj applicants
In order to facilitate the aspiring pilgrims in depositing Hajj applications, the State Bank of Pakistan (SBP) has directed 14 designated banks...
PSX plummets 785 points as geopolitical tensions escalate
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market...
SBP to cease issuance of Rs40,000 prize bonds from 15th Feb
The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds
NEPRA approves Rs1.8 per unit power tariff hike
The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.80 per unit in the tariff for all power distribution...
Pak Suzuki to retire Mehran VX from November
ak Suzuki has in a notification to its dealers nationwide announced that it will be discontinuing Mehran VX Model SB-308 (without air-conditioner) from November this year
Pakistan’s ratings drop to B3 negative, MoF attempts to soften the blow
Moody's changes outlook on Pakistan's rating to negative from stable; B3 rating affirmed
Local software company prefers hiring ‘non-hijabi’ employees
The company had listed a vacancy for an IT Intern on jobs portal Rozee.pk, wherein the "requirements" section, it stated that "an ideal candidate must be willing to wear business attire without an abaya, veil or scarf"
Why Pakistan’s cotton value-chain has begun to atrophy
The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton
Sarmaya-e-Pakistan, holding company for state owned enterprises incorporated: Asad
LAHORE: Finance Minister Asad Umar says Sarmaya-e-Pakistan, the holding company for state-owned enterprises, has been incorporated.
In a tweet, he said turning around...
Pakistan, Tajikistan agree to substantially increase bilateral trade
Pakistan and Tajikistan Saturday agreed to make joint efforts to substantially increase the bilateral trade, noting that there existed huge economic potential to exploit.
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
FBR for AEO programme to boost trade
In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.
Launch of KIA Rio 2018 could threaten car industry’s ‘big three’
LAHORE: The KIA Rio 2018 has reportedly been displayed at the showroom of KIA lucky motors Pakistan, causing speculation in car enthusiasts...
Jazz failed to build Veon into the WeChat of Pakistan. That’s why it will succeed
CEO Aamir Ibrahim’s willingness to abandon his failures and invest in his successes suggests a strong path forward for the company
Cargill commits to invest over $200mn in Pakistan
Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country
PM says Pakistan is...