Amazon to invest $1bn to help digitise small businesses in India
NEW DELHI: Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching...
FINCA secures Rs800m Tier-II facility from PMIC
FINCA Microfinance Bank Pakistan (FMBP) has announced that it has secured an eight-year, Rs800 million Tier-II/subordinated bilateral loan facility from Pakistan Microfinance...
Textile policy awaits PM Imran’s nod
--'Pakistan aims to increase its global textile share from $13.3bn to $25.3bn in next five years'
--'Govt will ensure regionally competitive energy prices...
‘e-Pay Punjab collects Rs500m tax in 100 days’
LAHORE: ePay Punjab, the first-ever government payment aggregator for citizen facilitation and ease of business, has collected over Rs500 million in tax...
Stocks lose 214 points amid lack of triggers
KARACHI:Â Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices depreciated continuously while volumes contracted further, pushing the...
Oil gains ahead of US-China trade deal, snapping four-day decline
LONDON:Â Global oil benchmark Brent crude rose 1pc to near $65 a barrel on Tuesday, snapping four straight days of declines on easing...
NITL selects Refinitiv’s ‘World-Check’ to ensure financial compliance
ISLAMABAD: National Investment Trust Limited (NITL), Pakistan’s first & largest asset management company, has selected Refinitiv’s ‘World-Check’ to support its compliance with the...
SBP imposes Rs219m fine on five commercial banks
KARACHI: The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs219.136 million on five commercial banks for violating its...
The Organic Meat Company applies for IPO at PSX
LAHORE: The Organic Meat Company Limited (TOMC) on Tuesday applied for initial public offering (IPO) listing at the Pakistan Stock Exchange (PSX)....
‘US businessmen keen to invest in first CPEC economic zone’
ISLAMABAD: US entrepreneurs have shown a keen interest to invest in the China Pakistan Economic Corridor’s first Special Economic Zone (SEZ) – the...
Stocks stay flat amid lacklustre trading
KARACHI: Stocks traded within a narrow range for the second consecutive session on Tuesday, as the indices oscillated in both ways in...
SECP’s new brokers regime opposed   Â
ISLAMABAD: Small brokers have raised serious reservations over the Securities and Exchange Commission of Pakistan (SECP)’s new brokers regime.
They said that the...
Cargo transporters end strike on govt assurances
KARACHI:Â Goods' transporters on Monday announced an end to their strike after holding successful negotiations with the federal government.
The move comes after the...
OGRA reduces RLNG prices for January
The Oil and Gas Regulatory Authority (OGRA) on Monday reduced the prices of Re-gasified Liquefied Natural Gas (RLNG) for the month of...
Car sales drop 25pc in 2019Â
Car sales in the country jumped by 23pc on a month-on-month basis to 12,100 units in Dec 2019, as compared to Nov...