KSE-100 gains 197 points as Pakistan escapes FATF blacklist
KARACHI: Positive sentiments returned to the Pakistan Stock Exchange (PSX) on Wednesday following media reports that Pakistan has not been placed on...
FBR says ‘striving hard’ to facilitate trade activities in Balochistan
ISLAMABAD: The Federal Board of Revenue (FBR) has especially posted a senior BS-21 officer of Pakistan Customs Service as Chief Collector of Balochistan with...
Govt launches ‘Durust Dam’ app in Islamabad to plug market manipulation
ISLAMABAD: The Islamabad administration has launched a mobile application, 'Durust Daam', to control price hike and difference of rates in the markets.
The...
HBL’s profit climbs to Rs8.4bn in Q3 2019
HBL on Tuesday declared a profit before tax of Rs8.4 billion in the third quarter of 2019, more than double over the...
Cabinet advised against reopening previous LNG agreements
ISLAMABAD:Â The Ministry of Law has advised the federal cabinet against the reopening of previous Liquefied Natural Gas (LNG) agreements.
According to sources privy...
‘Implementation of Pak-China FTA-II from December’
Adviser to PM on Commerce Abdul Razzaq Dawood has said the implementation on the much-awaited revised China-Pakistan Free Trade Agreement Phase 2...
Govt to reconcile exports’ figures amid discrepanciesÂ
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is all set to reconcile exports' figures as it sees discrepancies in the calculation of various...
IMF forecasts global growth at decade low
WASHINGTON:Â The US-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund...
Sales of motorbikes, three-wheelers decline 19pc in 1QFY20
ISLAMABAD:Â The sales of motorcycles and three-wheelers dipped by 19.48pc during the first quarter of the current financial year 2019-20, compared to the...
Hutchison Port Holdings announces $240m investment in Pakistan
'Investment will be used to build greater terminal capacity at Karachi Port'
'Hutchison Ports' total investment in Pakistan has now reached...
Joint venture strikes oil, gas in Kohat
ISLAMABAD:Â The Oil and Gas Development Company (OGDC) said on Tuesday that it has found oil and gas at its condensate at Togh...
No layoffs despite slowdown, says IMC
Indus Motor Company (IMC) has announced that there will be no layoff of employees despite a slowdown in production.
IMC has resumed production...
KSE-100 down 102 points as investors await FATF outcome
KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Tuesday, as the investors remained anxious ahead of the Financial Action...
Weekly inflation drops 0.44pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation (as on Oct 10th) decreased by 0.44pc for the combined consumption group.
The SPI for the...
China wants centralised digital currency after bitcoin crackdown
BEIJING:Â As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency -- one that could...