Why your LUMS and IBA degrees will not land you a job
Consider the following thought experiment: what would it take for a company to replace Google as the default search engine to the...
S&P downgrades Pakistan’s rating to B-, says recovery to take longer
S&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
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
Suzuki to discontinue Mehran within two months, Senate told
Allahwala also revealed that “nine automotive manufacturers were working to bring an investment worth $1.50 billion to Pakistan”
Hussain Lawai resigns as PSX Board chairman
In an emergent meeting of the Pakistan Stock Exchange (PSX) held Thursday the board considered and accepted Hussain Lawai’s resignation at PSX Board Chairman with immediate effect.
Pakistan ranked 131st freest economy, receives freedom score of 55: Report
According to the report, the country’s overall score has risen by 0.6 points, with increased scores for judicial effectiveness and property rights outmatching declines in monetary freedom and fiscal health
Court appoints PwC, Deloitte as joint liquidators for Abraaj
Dubai-based Abraaj Holdings said on Tuesday a court in the Cayman Islands has ordered to appoint PwC as provisional liquidators of Abraaj Holdings and Deloitte as provisional liquidators of Abraaj Investment Management Ltd.
Pakistan’s biggest state run retail chain inching towards privatisation
ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets...
Rupee devaluation pushes minimum wage to $107, raises Pakistan’s regional competitiveness: Report
A year ago, wages in Pakistan were $136 vs $64 in Bangladesh and now the difference stood at $107 compared to $95 currently and it has made big strides in becoming regionally competitive again, said Renaissance Capital
Market Daily: Indices make a comeback, gain 484 points
Foreign investors were net buyers, at last, and the market posted return of 1.15 per cent or 484 points in a single day, closing at 42,623 index level.
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
Football exports up by 10.64pc
ISLAMABAD: Export of footballs from Pakistan during July-May (2017-18) has increased by 10.64 per cent as compared to same months of the...
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...
Pakistan recorded non-resident equity flows of +$14 million in January: IIF
January exhibited a rebound in net non-resident portfolio flows to emerging markets and IIF estimates that EM securities attracted $51.1 billion of foreign capital in January, the highest level in twelve months
Pakistan to request Saudi Arabia for commencement of dialogue on PTA
According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia